The China virus outbreak sent the Asian stock market into a tumble. The yuan declined about 0.55% on Tuesday, reaching the bottom line in the onshore trade in nearly five months. It was trading at 6.9063 per dollar. The Australian dollar also dropped to $0.6827, its lowest point during the last six-week period. But after …
Yen Rises, While the Australian Dollar and Yuan Struggle Read More »
After the last few weeks of turbulence, investors are waiting for the UK Employment and Wage growth data to better assess the situation on the market. They hope that the document will contain valuable tips. Another lead indicator is also on the horizon. The German ZEW Survey for January will be attainable at almost the …
Investors Look Out for UK Employment and Wage Growth Data Read More »
The pneumonia virus outbreak in China, which has led to several deaths, caused its market to waver. The lunar new year is approaching, which usually means the cash influx. But due to the virus, analysts fear that the flow will reduce significantly, which in its stead will influence the market’s growth rate. Chinese stocks have …
Virus Outbreak in China Causes Risk-Off; UK Remains Stable Read More »
