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Market News and Research

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USD/CAD: Canadian Gross Domestic Product
Fri, 01 Sep 2017 06:03:18 GMT
The Canadian Dollar strengthened significantly against its American counterpart as the GDP report showed stronger-than-anticipated figures. >>
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EUR/USD makes an expected rebound
Fri, 01 Sep 2017 06:02:42 GMT
In line with expectations, yesterday the buck relentlessly tried to break though the combined support level formed by the monthly PP, the 200-hour SMA and the ascending channel's bottom boundary. >>
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Vietnam opposes Chinese military exercises in South China Sea
Fri, 01 Sep 2017 05:23:05 GMT
Late on Thursday, Vietnam protested against China conducting military exercises in the South China Sea, urging the country to stay away from repeating acts that escalate tensions in the region. >>
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US job growth expected to slow in August
Fri, 01 Sep 2017 05:22:05 GMT
According to economists surveyed by Reuters, job growth in the United States has likely slowed over the course of August following two consecutive months of impressive gains. >>
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Mitsui Fudosan to invest $3.6B in NY office tower
Fri, 01 Sep 2017 04:26:57 GMT
On Friday, the Japanese real estate developer Mitsui Fudosan revealed it would make a $3.6B, or ¥400B, investment in a 58-storey office tower in New York. >>
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Tajikistan to establish more intelligence exchanges with China
Fri, 01 Sep 2017 04:26:10 GMT
The Chinese Foreign Ministry announced it had agreed to establish more security intelligence exchanges with Tajikistan as a part of diplomatic relations upgrade between the two countries. >>
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Japan's manufacturing activity expands in August
Fri, 01 Sep 2017 02:55:07 GMT
The Japan final Manufacturing PMI reached a 52.2 mark in August, up from July's final reading of 52.1, suggesting that the economy kept growing at a healthy, but more modest >>
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FedEx, UPS resume service in some areas of storm-battered Texas
Fri, 01 Sep 2017 02:05:51 GMT
FedEx Corp and United Parcel Service stated that both companies resumed its flights at main airport of Huston and restarted operations in Texas parts disabled by Hurricane Harvey. >>
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Canada, Mexico to stay within NAFTA, even if US quits
Fri, 01 Sep 2017 02:04:55 GMT
Trade relationships between Canada and Mexico would remain under NAFTA regulation, even if US decides to leave, Mexican Economy Minister said. >>
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Samsung allowed to test self-driving vehicles in California
Fri, 01 Sep 2017 02:04:09 GMT
Samsung stated that the company received a permit for testing its self-driving cars in California, though without future plans to enter car-manufacturing sector. >>
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US, Mexico, Canada plan to review NAFTA by year-end
Thu, 31 Aug 2017 20:10:58 GMT
According to the White House, the US President Donald Trump expressed hope that all three North American countries could renegotiate the NAFTA trade deal by the end of this year. >>
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Iraqi PM declares victory in Tal Afar
Thu, 31 Aug 2017 20:10:29 GMT
On Thursday, the Iraqi Prime Minister Hayder al-Abadi declared victory over the Islamic State fighters in Tal Afar and the northern province of Nineveh. >>
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Oil price rises to $52.33
Thu, 31 Aug 2017 19:05:29 GMT
On Thursday, crude oil price rose 2.89% to $52.33 a barrel, as the Hurricane Harvey reduced refining capacity by 4.4M barrels per day. >>
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GE's CEO plans job cuts
Thu, 31 Aug 2017 19:05:21 GMT
According to a source familiar with the matter, the GE's new CEO John Flannery plans to substantially reduce labour force in an attempt to save $2B in costs by the >>
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US Perry expects gas prices increase
Thu, 31 Aug 2017 18:09:56 GMT
On Thursday, the US Energy Secretary Rick Perry said that gasoline prices are expected to increase as a result of the Tropical Storm Harvey. >>
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