Donald Trump scraps preferential treatment of India

Source: Dukascopy Bank SA
The President of the United States on Tuesday announced that he will end the preferential trade agreement with India. Due to this decision $5.6 billion worth of goods should be taxed.
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Tue, 05 Mar 2019 05:40:41 GMT

Chinese Caixin PMI reaches low level

On Tuesday, the Caixin Purchasing Manager Index, which surveys the situation in the services sector, revealed that the services industry has fallen down to 51.1. The number reveals that growth has slowed down.

Tue, 05 Mar 2019 05:30:35 GMT

USD stays near two-week high

On Tuesday, the US Dollar fluctuated near a two week high level. The USD has been surging since the Federal Reserve revealed that Quantitative Tightening will continue throughout this year.

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