Market News and Research

Market News and Research

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EUR/USD remains bullish
Wed, 14 Mar 2018 07:10:22 GMT
The first part of Tuesday's trading session was uneventful, as the Euro was fluctuating in a narrow range against the US Dollar. >>
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Asian markets decline
Wed, 14 Mar 2018 05:59:47 GMT
On Wednesday morning Asian share prices declined. Meanwhile, the US Dollar also lost value. The reason for the decline were the newly proposed US tariffs on China. >>
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Trump's tariffs overshadow Chinese growth
Wed, 14 Mar 2018 05:59:09 GMT
The newly proposed tariffs on China have eliminated any possible correction in Asian asset pricing that should have been caused by the better than expected Chinese industrial growth data. >>
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Corporate America prepares for bankruptcies
Wed, 14 Mar 2018 05:32:53 GMT
As the period of easily available funds ends due to a change in monetary policy, debt restructuring experts are preparing for an increase in business. >>
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Google will ban cryptocurrency ads
Wed, 14 Mar 2018 05:32:28 GMT
Google of Alphabet Inc on Wednesday announced that the company will prohibit cryptocurrency advertisement and related content on its website starting from June. >>
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Toyota to raise monthly salaries by ¥1.3K in following year
Wed, 14 Mar 2018 04:33:24 GMT
Toyota Motor is expected to raise monthly wages by more than ¥1.3K for the one year period beginning in April, local media stated. >>
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Trump seeks tariffs on $60B China's goods
Wed, 14 Mar 2018 04:32:01 GMT
The US President Donald Trump was considering the implementation of tariffs on nearly $60B of China's imports, targeting telecommunications, technology and apparel sectors. >>
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Chinese industrial production grows 7.2% in February
Wed, 14 Mar 2018 03:20:42 GMT
The National Bureau of Statistics of China reported on Wednesday that industrial production grew 7.2% on an annual basis in February, after rising 6.2% in the prior month. >>
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Japanese core machinery orders post stronger-than-expected rebound
Wed, 14 Mar 2018 03:19:53 GMT
Japan's Cabinet Office reported that core machinery orders rose 8.2% in January, following a drop of 9.3% in December and surpassing analysts' expectations for a 5.3% increase. >>
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Sri Lanka to lift ban imposed on Facebook, WhatsApp
Tue, 13 Mar 2018 21:04:29 GMT
The Sri Lankan Telecommunication Minister Harin Fernando reported on Tuesday that the government was likely to lift the ban imposed on Facebook and WhatsApp. >>
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Adidas to buy back up to €3B of its shares
Tue, 13 Mar 2018 21:03:42 GMT
Adidas, a German sportswear company, reported on Tuesday that it would buy back up to €3B of its shares by May 11, 2021. >>
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Kudlow emerges as front-runner to become Trump's top economic adviser
Tue, 13 Mar 2018 19:56:04 GMT
The US President Donald Trump said on Tuesday that Lawrence Kudlow, an American conservative commentator, was the front-runner to become his next top economic adviser. >>
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British economy to grow 1.5% in 2018
Tue, 13 Mar 2018 19:55:07 GMT
On Tuesday, the OBR revised up its 2018 growth forecast for the UK economy to 1.5% from November's 1.4% but left its growth projection for both 2019 and 2020 unchanged >>
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UK media regulators says RT could lose license
Tue, 13 Mar 2018 18:55:52 GMT
The UK media regulator reported on Tuesday that Russia Today could lose its license in Britain if the UK PM Theresa May's ex-spy poisoning allegations proved to be true. >>
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European stocks end day in red after Rex Tillerson's firing
Tue, 13 Mar 2018 18:54:14 GMT
Major European stock markets closed firmly in the red on Tuesday as the Euro climbed against the US Dollar after the US President Donald Trump fired the Secretary of State >>
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