Crude demonstrates further gain in Asia after sudden US stocks draw
On Thursday, in Asia crude prices rallied further, building on overnight revenues following a positive report on American inventories…
Forex News
Key information updates for profitable trading
In Asia gold keeps revenues on risk-on sentiment over American politics
On Thursday, gold surged in Asia because risk-on sentiment was still in place on prospects for Donald Trump to push fresh economic policies amid a political backlash as for his recent firing for FBI Directors James Comey…
Yen goes up on current account
On Thursday, the Japanese yen soared in Asia because current account figures gave support in thin trade ahead of major bank gathering in Europe later in the day…
EU shares decrease in cautious trade
On Wednesday, EU shares declined because fresh American political concerns affected market sentiment and as traders monitored a speech by ECB Governor Mario Draghi due later in the day…
China opens up its bond markets, though currency seen as key barrier
China's policymakers are about to actively attract foreign investment to the country's $3 trillion bond market, reportedly to help to shore up the struggling national currency…
Aussie and kiwi inch up vs. greenback amid American political jitters
On Wednesday, the Australian and New Zealand dollars soared versus its American rival amid fresh political jitters in America, though hopes for a June rate lift by the Fed still gave support to the evergreen buck…
Foxconn is visited by Chinese Premier Li Keqiang after CEO goes to White House
China happens to be the best place to expand investment and manufacturing, the country's premier informed Foxconn, the world's number one contract electronics maker, just less than two weeks after Terry Gou, its chief executive came to the White…
Crude holds revenues on API estimates
On Wednesday, crude held revenues in Asia because industry estimates revealed a much sharper draw in American crude inventories expected, although higher than seen gasoline stocks affected market sentiment…
Greenback slumps in Asia on policy concerns
On Wednesday, the evergreen buck inched down in Asia and the Japanese yen soared on safe-haven demand because President Donald Trump dared to sack FBI Director James Comeyover, reportedly unable to handle sensitive investigations…
Gold soars in Asia as Trump's firing of Comey spurs policy worries
On Wednesday, gold grew in Asia because financial markets reacted to Donald Trump’s recent decision to fire FBI Director James Comey, thinking that the resulting political blowback could undermine efforts at tax cuts as well as other economic policy aims…
Bitcoin leaps to all-time peak above $1,700
On Tuesday, digital currency bitcoin reached a record peak because demand for crypto-assets inched up with the creation of fresh tokens to lift funding for start-ups via blockchain technology…
Bank of England is about to open up interbank payments
On Tuesday, the Bank of England told that by the middle of 2017 it’s about to set out plans to widen access to the UK’s interbank payment system, as part of efforts to spur the country's financial infrastructure…
