News

Mon, 31 Dec 2018 18:48:20 GMT

Mexican President announces tax cuts

The new President of Mexico on Monday announced tax cuts for the regions, which border the United States. The tax cuts are expected to decrease migration and strengthen the economies of the states.

Mon, 31 Dec 2018 18:11:29 GMT

Trump comments on trade deal with China

On Monday, the US President Donald Trump announced on his Twitter account that he has talked over the phone with the Chinese President and during the phone call a possible trade deal has been outlined.

Mon, 31 Dec 2018 16:41:29 GMT

Louis Vuitton enters lawsuit with a toy producer

The luxury goods maker is being sued by Pooey Puitton, which is a California based toy purse maker. Louis Vuitton has interfered with the sales of the toy maker.

Mon, 31 Dec 2018 16:41:21 GMT

US Government shutdown deal is close

On Monday, the US Senator Lindsey Graham announced that the US President Donald Trump is receptive to a deal that would stop the US Government shutdown.

Mon, 31 Dec 2018 16:23:33 GMT

Euro zone bonds take the highlight of the year

Almost all asset classes suffered during the start of the bear market during this year. Meanwhile, the risk free safe Euro zone bonds have provided their holders good profits.

Mon, 31 Dec 2018 15:43:14 GMT

Elizabeth Warren prepares for 2020 Presidential Election

On Monday, it was announced that the US Senator from the Democrat party Elizabeth Warren is preparing to run in the 2020 US Presidential Election.

Mon, 31 Dec 2018 15:42:30 GMT

Northern Ireland wants a Brexit deal change

The Northern Irish political party, which runs the government in Northern Ireland, is demanding from Theresa May a promise to secure changes to the Brexit deal.

Mon, 31 Dec 2018 15:29:56 GMT

Pollution threatens Indian capital

On Monday, Reuters published a report, which revealed that air pollution is getting worse during cold weather. Namely, the pollution is twelve times higher than the recommended level.

Mon, 31 Dec 2018 15:29:24 GMT

Wall Street opens higher on Monday

US stock market indices started the week higher. Although, note that due to the depreciating value of the US Dollar throughout the day, the green opening was seen as normal.

Mon, 31 Dec 2018 13:49:48 GMT

LME waits for lift of sanctions on Russia

On Monday, the London Metal Exchange announced that the exchange will lift the suspension of trading with aluminium produced by Rusal, if the US removes sanctions.

Mon, 31 Dec 2018 13:49:37 GMT

Macron's security advisor comments on his firing

A former security advisor of Emmanuel Macron on Monday announced that he was advising the President regularly. The statement contradicts the official announcement made by the Presidency.

Mon, 31 Dec 2018 13:07:21 GMT

Xi Jinping addresses the nation

As the new year started in China, the President of China addressed the country. The President stated that the pace of reforms in the country will not stagnate.

Mon, 31 Dec 2018 13:06:41 GMT

Sterling leads gains against USD

On Monday, the British currency gained the most value against the USD among a basket of currencies. The reason for the surge was mostly attributed to the weakness of the US Dollar.

Mon, 31 Dec 2018 11:50:21 GMT

Canada Goose debuts in China

The Canadian outdoor wear chain Canada Goose has opened its first shop in China. Reports indicate that the shop has attracted large crowds.

Mon, 31 Dec 2018 11:49:41 GMT

Theresa May comments on a possible Trump UK visit

On Monday, the Prime Minister of the United Kingdom announced that it would be a good time for Trump to visit the UK after Brexit.

Mon, 31 Dec 2018 10:41:38 GMT

Dollar trades steady on Monday

By the middle of Monday's trading session with a tight spread, as the markets were largely quiet on New Year's Eve.

Mon, 31 Dec 2018 10:41:07 GMT

Economists calculate trade war losses

On Monday, Reuters revealed that various economists are attempting to calculate the total losses caused by the US-China trade war. In a broad sense it is already assumed that the trade war has cost billions in USD for both sides.

Mon, 31 Dec 2018 09:44:34 GMT

European shares rise on Monday

During the New Year's Eve trading European stock indices gained value after suffering a period of losses in 2018.

Mon, 31 Dec 2018 09:43:53 GMT

Iran announces Afghan peace talks

On Monday, Iranian representatives announced that Taliban and the Afghan government have held peace talk in Tehran.

Mon, 31 Dec 2018 08:42:12 GMT

Italian deputy PM comments on government

On Monday, the deputy of the Italian Prime Minister announced that he sees no danger to the current government in the upcoming months.

Mon, 31 Dec 2018 08:41:36 GMT

Crude oil prices surge more than a dollar

Although oil prices were set to book their first year of decline since 2015, crude oil price benchmarks had gained more than one USD during the first part of Monday's trading session.

Mon, 31 Dec 2018 07:46:17 GMT

Services activity increases in China

Despite a decline in factory activity, the services sector activity increased in December in China.

Mon, 31 Dec 2018 07:45:35 GMT

PM of Bangladesh wins third term

On Monday, it was announced that the Prime Minister of Bangladesh Sheikh Hasina has won the PM election.

Mon, 31 Dec 2018 07:31:08 GMT

Stock prices recover on Monday

On Monday, Asian stock indices increased, as financial media attributed the surge to progress made in trade talks.

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