News

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Fri, 10 Sep 2021 12:30:10 GMT

Japan's exports surge

Reuters reported on Friday that a poll has revealed that experts expect that Japanese exports had grown in August for sixth straight month.

Fri, 10 Sep 2021 10:30:08 GMT

Crude oil prices recover

During early Friday's European trading hours, crude oil prices recovered, as tight US supplies were impacting the markets.

Fri, 10 Sep 2021 08:30:07 GMT

Dollar is set for winning week

On Friday, the US Dollar was set to book its first week of gains since the middle of August. However, the US Dollar index remained below the 93.00 level.

Fri, 10 Sep 2021 06:12:40 GMT

Asian shares recover losses

During Friday's Asian trading hours, Asian stock indices recovered previous losses, as during this week various central banks announced that stimulus would remain intact.

Thu, 09 Sep 2021 14:30:09 GMT

Bostic comments on policy

On Thursday, the Wall Street Journal published an interview, in which the President of the Atlanta Federal Reserve Raphael Bostic revealed that the Fed would pull back on asset purchases.

Thu, 09 Sep 2021 12:30:10 GMT

Oil prices surge

During early Thursday's European trading hours, crude oil prices entered their second session of gains, as a decline in US production caused a surge.

Thu, 09 Sep 2021 12:17:43 GMT

Euro reacts to ECB statement

On September 9, the European Central Bank published its Monetary Policy Statement and Main Refinancing Rate. On the announcement, the EUR/USD slightly dipped before recovering a total of 17 base points or 0.14%.

Thu, 09 Sep 2021 10:30:09 GMT

Asian stock indices decline

On Thursday, Asian stock indices declined. The decline was attributed to expectations of stimulus cuts.

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.

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