Global Equity Markets Slide: US Dollar Recovers
Turbulence in the global equity markets continued on Wednesday. It was driven by investor’s concerns over central bank policies. The MSCI world stocks index which tracks share markets in 45 nations...
View ArticleYuan Globalization: China Central Bank Proposes Big Push
The Central bank of China is planning a big push for yuan globalization. The Peoples Bank of China has announced that it will seek cooperation from other countries in expanding the use of Chinese...
View ArticleFalling Dollar Rate Pushes Up Oil Price, Commodities
Reflecting the turbulence in the global economy, the US dollar rate plunged against most peers on Wednesday after the US rate increase waned. The dollar plunged and oil rise to $50 per barrel and...
View ArticleDollar Overvalued: USD Can Turn into Bubble, Warns Investor Jim Rogers
The spiraling US dollar is more a case of dollar overvalued and the probability of USD turning into a bubble is quite high, warned legendary investor Jim Rogers. The leading investor said in a TV...
View ArticleCrude Oil: Oil Rises in Price due to the Weakness of the Dollar
Crude oil feeded by the weakness of the dollar today. Thus, it is caused by verbal intervention by officials from the Trump administration. The barrel of Brent is trading at around $70.45. WTI on the...
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