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Market News and Research

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Google makes no changes to China's mapping platform
Tue, 16 Jan 2018 08:33:29 GMT
Google stated on Tuesday that it had made no changes to China's mapping platform, denying allegations it was re-launching that function in the country that had banned some Google services. >>
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Czech PM asks lawmakers to lift his parliamentary immunity
Tue, 16 Jan 2018 08:28:23 GMT
On Tuesday, the Czech Prime Minister Andrej Babis has requested lawmakers to withdraw his parliamentary immunity as he is ready to face the fraud allegations. >>
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NZD/USD: NZIER Business Confidence
Tue, 16 Jan 2018 08:26:45 GMT
The Kiwi weakened against the Greenback, following business confidence report for New Zealand. The NZD/USD exchange rate lost 0.09% or 7 base points to keep declining to be seen >>
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EUR/USD: EZ Trade Balance
Tue, 16 Jan 2018 08:12:00 GMT
The European single currency was almost unchanged against the US Dollar on the trade balance report on Monday. The EUR/USD currency pair sustained the position near the 1.2270 level. >>
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XAU/USD shows no changes
Tue, 16 Jan 2018 07:36:10 GMT
Gold was stable against the US Dollar on Monday. >>
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USD/JPY returns near 55-hour SMA
Tue, 16 Jan 2018 07:34:58 GMT
The bearish pressure continued to prevail on Monday, thus sending USD/JPY towards the combined support of the monthly S2 and the weekly S1 circa 110.30. >>
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GBP/USD still before data release
Tue, 16 Jan 2018 07:33:39 GMT
Similarly to other major currency pairs involving the US Dollar, GBP/USD was trading sideways for the most session on Monday. >>
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EUR/USD breaches strong up-trend
Tue, 16 Jan 2018 07:32:18 GMT
Apart from a 50-pip surge md-Monday, the common European currency showed no intention to leave its narrow trading range, thus leaving the market at a relative equilibrium. >>
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US calls on AT&T to cut commercial links to Huawei
Tue, 16 Jan 2018 07:32:13 GMT
US lawmakers has urged the wireless carrier AT&T to cut its commercial ties with China's phone maker Huawei, citing national security concerns. >>
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Philippines closes schools amid volcano eruption
Tue, 16 Jan 2018 07:30:10 GMT
On Tuesday, Philippines shut down more schools as its most active volcano has spewed lava and ashes, covering the nearby towns. >>
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Porsche sets new sales record in 2017
Tue, 16 Jan 2018 05:51:32 GMT
The German car manufacturer Porsche AG has increased its sales by 4% year-on-year in 2017, thus delivering around 246 000 cars to customers globally. >>
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Oil climbs to three-year high
Tue, 16 Jan 2018 05:51:25 GMT
Oil prices were consolidating near their three-year high early on Tuesday, driven primarily by reduced supply from OPEC countries and Russia, as well as solid economic growth. >>
Read more invests in Vietnamese e-commerce firm
Tue, 16 Jan 2018 05:20:01 GMT
China's online retailer has invested funds in the Vietnamese e-commerce company in an attempt to strengthen its presence in Southeast Asia. >>
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PBOC raises rate on 63-day reverse repurchase agreements
Tue, 16 Jan 2018 05:18:36 GMT
The People's Bank of China increased the rate on 63-day reverse repos by 5 basis points to 2.95% on Tuesday, thus adjusting it in accordance with other interbank rates. >>
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Oil prices fluctuate at around $70
Tue, 16 Jan 2018 05:15:10 GMT
Crude oil price surged to $70.37 a barrel on Monday, thus reaching the three-year high. The growth was generally driven by production cuts in Russia and OPEC nations as well >>
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