Investors retreat on short bets on most Asian currencies in support of the rupiah as the U.S Fed Reserve rate-cut prospects weaken appetite for the dollar.
Weekly News Summary for July 5-11
Friday, July 5: German Factory Orders Register Largest Drop in May
German factory orders unexpectedly fell in May, further…
Finance Brokerage – Stock Exchanges: Stocks worldwide tumbled for the third consecutive day. The world's largest chemical producer, warned of adverse effects of the…
G20 Summit: The United States led the push for lower tarrifs worldwide over the past decades, however, President Trump testing the solidarity of his G20 peers with…
Is a global financial crisis under works? Recently, economic growth has been slow. The trade war between the U.S. and China applied additional pressure on already…
On Monday, the U.S. dollar reached a two-week high after strong economic data in the past week, prompting investors to reassess their position on whether the Fed…
Forex: Mexican Peso Keeps Strength as Tariffs Were Averted
Just two days before the planned 5% tariff on Mexican goods should come into force, the US President…
Weekly News Summary For May 31 to June 6, 2019
Friday, May 31: Global Stocks Fall as Trade Worries Hit Sentiment
Stock markets worldwide underwent a sharp selloff…