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China sets growth goal
Mon, 16 Jan 2017 13:31:28 GMT
 
The Chinese have set the next year's growth target, which is 6.5%. That is lower than the previous 2016 target of 6.5% to 7%. The decreased target is explained with >>
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Saudis order new Airbus planes
Mon, 16 Jan 2017 13:31:09 GMT
 
Saudi Arabian carrier company flynas announced an order of 80 Airbus A320neo jets. The total deal is worth $8.6B, and it also includes an upgrade to an earlier order. >>
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USD/JPY 4H Chart: Channel Down
Mon, 16 Jan 2017 13:01:45 GMT
 
The Greenback failed to break through the resistance put up by the 2016 high level against the Japanese Yen. As a result a decline of the rate began, and a >>
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EUR/GBP 4H Chart: Channel Up
Mon, 16 Jan 2017 13:01:37 GMT
 
The common European currency surges against the Pound in an ascending channel pattern on a medium scale. However, the rate is simultaneously more affected by the Fibonacci retracement levels, which >>
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Russia and Ukraine battle in English court
Mon, 16 Jan 2017 12:07:54 GMT
 
A dispute worth $3B between the governments in Moscow and Kiev is going to court in England on Tuesday, as the two sides will meet at the first hearing regarding >>
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Qatar royal family member attacked
Mon, 16 Jan 2017 12:07:41 GMT
 
Pakistani villagers with guns and knives assaulted a convoy of a member of the Qatari royal family. The member of the family was on a hunting expedition for a rare >>
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Turkish lira jumps due to misreporting
Mon, 16 Jan 2017 12:03:04 GMT
 
Due to Turkish state broadcaster TRT misreported that one of Erdogan's aides has called for a rate hike, the USD/TRY currency exchange rate fell sharply. However, a few hours later >>
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Trump offers Putin sanction deal
Mon, 16 Jan 2017 12:02:52 GMT
 
US President-elect made an offer to the president of the Russian Federation. The offer consists of the US lifting sanctions in exchange for cutting a nuclear arsenal decrease deal. >>
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GBP/USD attempts to recover from weekend's drop
Mon, 16 Jan 2017 10:38:55 GMT
 
In the United Kingdom, demand for bank lending among small and medium-sized enterprises dropped in the last quarter of 2016 in the wake of the country's decision to leave the >>
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USD/JPY keeps struggling to edge higher
Mon, 16 Jan 2017 10:38:41 GMT
 
US retail sales rose more than expected last month amid higher demand for furniture and automobiles, figures showed on Friday. >>
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Cargo plane crash kills 37 in Kyrgyzstan
Mon, 16 Jan 2017 10:02:30 GMT
 
On Monday, the Turkish cargo jet crashed into houses near Manas airport when it was landing. Number of victims currently stands at 37, six children are among them. >>
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German carmakers to pay 35% tax on imported cars to US
Mon, 16 Jan 2017 10:02:15 GMT
 
The German carmakers' shares fell after Donald Trump had announced that he wants to impose a tax of 35% on cars imported to the US market from abroad. This also >>
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Gold back above 1,200 mark
Mon, 16 Jan 2017 10:00:01 GMT
 
Gold continued to surge on Monday, as it had found support on Friday. The bullion was set to climb to the 1,211 mark soon >>
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EUR/USD retreats on Monday
Mon, 16 Jan 2017 09:58:50 GMT
 
The EUR/USD currency exchange rate retreated on Monday and fell down to trade near the 1.06 mark. The move lower occurred due to a >>
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Gold continues to surge
Mon, 16 Jan 2017 09:58:21 GMT
 
On Monday morning the yellow metal was in its sixth consecutive trading session of gains, as the metal traded near the 1,205 mark and was set to score even more >>
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