US Stocks Outlook Turn Sombre as Janet Yellen Mulls Slow Growth at Senate...
Tuesday was a day of contrasts for the markets. Compared to Monday’s relief from a waning Brexit, the US stocks outlook underwent a radical change. On Tuesday, the euphoria of US stocks was hit by...
View ArticleEuro to US Dollar: Gains from Ebbing Brexit, German Economic Sentiments
The Euro to US dollar pair posted slight gains on Tuesday and traded at 1.1330. The uptick was powered by higher German ZEW Economic Sentiment that jumped 19.2 points, breaching the estimated 5.1...
View ArticleDollar Rally Sustains: Pound Down, Gold Gains under Brexit Turmoil
Brexit turmoil continued to engulf markets. In currency markets, the US dollar rally against major currencies in the aftermath of Brexit was significant as investors are scouting for safe haven assets....
View ArticleGlobal 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 ArticleDollar Rally Sustains: Pound Down, Gold Gains under Brexit Turmoil
Brexit turmoil continued to engulf markets. In currency markets, the US dollar rally against major currencies in the aftermath of Brexit was significant as investors are scouting for safe haven assets....
View ArticleGlobal 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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