News

Thu, 09 Sep 2021 08:30:08 GMT

Bank of Canada causes 116 pip volatility

On September 8, the Bank of Canada published its Overnight Rate and published the BOC Rate Statement.

Thu, 09 Sep 2021 06:30:31 GMT

Chinese gaming stocks drop

During Thursday's Asian trading hours, Chinese gaming company stock prices tumbled, as regulators called in firm representatives.

Wed, 08 Sep 2021 14:30:09 GMT

China comments on monetary policy

The Vice Governor of the People's Bank of China announced on Wednesday that the central bank would not resort to flood-like monetary stimulus.

Wed, 08 Sep 2021 12:30:08 GMT

Japan reveals GDP data

On Wednesday, Japan updated second quarter GDP data and revealed that the Japanese economy had grown by 1.9% on a year to year basis.

Wed, 08 Sep 2021 10:30:08 GMT

Crude oil trades flat

During Wednesday's trading hours, crude oil prices remained unchanged, as demand concerns were offset by a stronger US Dollar.

Wed, 08 Sep 2021 08:30:07 GMT

Bullard comments on stimulus

On Wednesday, the President of the St. Louis Federal Reserve Bank revealed to Financial Times that the Fed should decrease its stimulus program.

Wed, 08 Sep 2021 05:59:08 GMT

Asian shares remain near high levels

During Wednesday's Asian trading hours, stock indices in Asia remained near six-week high levels.

Tue, 07 Sep 2021 16:30:08 GMT

Toyota increases spending

On Tuesday, Toyota announced that the company would spend $13.5 billion to develop new electric vehicle technologies.

Tue, 07 Sep 2021 14:30:09 GMT

Global stocks hit record levels

During Tuesday's trading, global stock indices hit new record high levels, as the markets expected new economic stimulus measures.

Tue, 07 Sep 2021 12:30:09 GMT

Volkswagen hints at higher costs

On Tuesday, Volkswagen revealed that the company could have to increase spending to finish its shift to autonomous driving.

Tue, 07 Sep 2021 09:01:55 GMT

European stocks remain near high levels

During Tuesday's European trading hours, European stock indices remained near previously booked historical high levels.

Mon, 06 Sep 2021 14:30:07 GMT

Saudi Arabia decreases oil prices

On Monday, Saudi Arabia slashed oil prices for its Asian customers. However, prices for Europe and the US remained unchanged.

Mon, 06 Sep 2021 12:30:15 GMT

JD.com founders steps away

JD.com announced on Monday that the company's chief executive and founder Richard Liu would switch from day-to-day operations to long-term strategy planning.

Mon, 06 Sep 2021 10:30:09 GMT

Texas offers tax breaks to Samsung

On Monday, Reuters reported that the city of Taylor in Texas would grant Samsung tax breaks for the company to open a $17 billion chip plant in the city.

Mon, 06 Sep 2021 08:30:09 GMT

Asian shares surge on Monday

At the start of the week, Asian stock indices surged, as Friday's worse than forecast US employment data fuelled expectations of global stimulus.

Mon, 06 Sep 2021 06:45:24 GMT

BTC passes August high levels

On Sunday, the price for BTC passed August high levels. During early Monday's trading hours, the BTC/USD rate reached the $52,000.00 mark.

Mon, 06 Sep 2021 06:01:08 GMT

US oil production remains stopped

On Monday, the US Bureau of Safety and Environmental Enforcement reported that US oil output in the Gulf of Mexico remains halted.

Fri, 03 Sep 2021 14:45:22 GMT

ETH pierces 4,000.00 mark

On Friday, the price for Ethereum resumed its surge, as the ETH/USD pair surged by more than 5.00% during the day's early US trading hours.

Fri, 03 Sep 2021 14:30:09 GMT

US freezes Afghan assets

On Friday, the United States announced that it would not release Afghanistan's foreign reserves that are deposited in the US.

Fri, 03 Sep 2021 12:33:28 GMT

US Dollar plummets due to employment data

On Friday, at 12:30 GMT, the US Bureau of Labour Statistics published the US monthly employment data sets. The news that during the last month 235,000 people were employed instead of forecast 720,000 caused a sharp drop of the US Dollar.

Fri, 03 Sep 2021 12:30:10 GMT

US agency probes Apple

Reuters revealed on Friday that a United States labour agency would investigate two charges against Apple, which had been filed by employees.

Fri, 03 Sep 2021 10:30:08 GMT

Ex-Fed official comments on tapering

Former official of the US Federal Reserve Dennis Lockhart revealed on Thursday that the Federal Reserve would most likely announce tapering of asset purchases in November.

Fri, 03 Sep 2021 06:35:18 GMT

Oil trades sideways

On Friday, crude oil prices remained flat during Asian trading, as a strong rise was experienced during the previous session.

Fri, 03 Sep 2021 05:58:13 GMT

Japanese stock indices surge

During Friday's Asian trading hours, the stock indices in Japan surged, as the Prime Minister of Japan Yoshihide Suga.

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