Safe-haven currencies including the yen gained against the dollar on Wednesday, as a careful mood dominated the first trading day of the year on worries about the global growth, the US government shutdown, and a slower pace of Federal Reserve rate hikes. Read more here!
Bank of Japan policymakers were at logger-heads on the amount which they should allow bond yields to fall, as they fret over a worsening global economic outlook and the increasing costs of extended easing, according to a summary of their opinions at December rate review. Some policymakers also cautioned that the achievement of the central …
Rising protectionism as well as trade wars and the unpredictable nature of the current US administration have greatly contributed to global oil price volatility over the past couple of years, Russian Energy Minister Alexander Novak said. Read more here!
The yen and the Swiss franc gained on Friday, as investors sought refuge in safe-haven assets because of renewed US-China trade tensions and weaker-than-expected data in the top two economies that revived global growth fears. Read more here!
Learn about the differences in the types of volatility. Check them out here!
China stocks on Wednesday recorded lower at the trade close. The losses in sectors such as Telecoms, Mobile, and Life Insurance have dragged the shares lower. The Shanghai Composite dropped 0.26%, hitting a fresh one-month low at the Shanghai close. Meanwhile, the SZSE Component index fell 0.58%. During the session, the best performers were Guodian …
China Stocks Trade Lower, Shanghai Composite Drops 0.26% Read More »
On Wednesday, oil steadied following its biggest declines for years. However, it stayed under pressure from concerns such as oversupply and slowdown in the global economy, weakening the demand for fuel. As of 0840 GMT, there was a 30-cent increase in the Benchmark Brent crude oil at $56.56 a barrel. This followed after it made …
Oil Stable on Sell-off, Stays under Pressure from Oversupply Read More »
Jeremy Allaire, who is the co-founder of crypto finance company Circle, said in an interview on Friday that bitcoin will be worth “a great deal more” than it is at present. Read more!
Oil prices were pretty steady on Monday after plunging 2 percent in the previous session, but were still under pressure amid weaker growth in major economies and concerns about oversupply. Read more here!
As the risks to the global economy increases, the Bank of Japan (BOJ) is expected to tag along in a string of warnings from other policymakers of the threat to growth from protectionism and signal its resolve to keep the money plug open. Read more!
Here are the most recent market charts and analysis for today. Check them out!
Japan’s exports growth is seen to have eased in November, according to a survey on Friday, indicating a dimming economic outlook in the midst of the easing global demand and a US-China trade dispute. Read more here!
Oil prices fell on Friday in Asia after a 3 percent jump in the previous session on suggestions that global supplies could balance by the middle of next year. Read more!
The European Central Bank is still uncertain to formally end its generous bond purchase scheme on Thursday, but will take an increasingly dimmer view on growth. Read more here!
Japan’s core machinery orders increased less than expected in October following an earthquake in the previous month, indicating a more subdued business investment. Read more here!
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
