China Confident to Deal with the US over Trade War
China showed confidence on Wednesday that it can reach a trade deal with the United States. Read more here!
economy
Dollar Slides after Treasury Yields Decline
The dollar slumped in Asia on Tuesday after US Treasury yields slipped from three-month lows, with investors fretting over a possible pause in the Federal Reserve’s rate hike cycle and portents of recessions seen in a yield curve inversion. Read more!
Yield Curve Narrows, Fed in Debate
Top US Federal Reserve officials say that a strong economy will possibly keep the bank’s increase plan intact, but on Monday a key signal, which is the yield curve, started to waver. Read more here!
Bitcoin Slips on Taxation Pressures from G20 Summit
Bitcoin and other major digital currencies all slumped on Monday in Asia, with pressures coming from reports that G20 leaders had called for taxes on cryptocurrencies during a summit over the weekend held in Argentina. Read more!
US, China on a Trade War Truce after Meeting
China and the United States have agreed to a ceasefire in their prolonged and disruptive trade war on Saturday after a high-profile meeting. Read more!
Fed Minutes Show “Warranted” Rate Hike Soon
Fed minutes of the November 7 to 8 policy-setting meeting showed that another interest rate increase was “likely to be warranted fairly soon.” Read more here!
Dollar Cautious Ahead of Trump-Xi Meeting
The dollar took tentative trades in cautious Friday trade ahead of the meeting of US and Chinese leader . Read more here!
Demystifying Different Kinds of Financial Markets
The phrase “financial markets” is a broad term that describes the marketplace where buyers and sellers trade assets like stocks, bonds, currencies, and derivatives. Read more here!
US Economy Slows Down in Q3
The US economy slowed down in the third quarter as previously estimated, but the pace was likely strong enough to keep growth on track. Read more!
Dollar Slumps after Fed Dovish Remarks
The dollar suffered from prolonged overnight losses on Thursday after the Federal Reserve Chairman Jerome Powell said that the US interest rates were just below neutral. Read more!
Trump Expects to Slap Higher Tariffs on Chinese Goods
US President Donald Trump said on Monday that he is expected to go ahead with slapping China with higher tariffs on $200 billion in Chinese imports from the current 10 percent to 25 percent. He also repeated his warning to impose tariffs on all of the remaining imports from China, the world’s second largest economy. …
Trump Expects to Slap Higher Tariffs on Chinese Goods Read More »
Greenback Steady on Trump’s Comments on Trade War
The greenback was steady on Tuesday as fresh concerns about the US-China trade war buoyed safe haven currencies. Read more!
Oil Prices Recoup Losses after Massive Plunge
Oil prices on Monday pared back some of their losses from a nearly 8 percent plunge during the previous session. Read more here!
Asian Stock Markets, US Futures Higher Over Holiday Sales
Asian stock markets and US equity futures posted decent gains on Monday over the hopes of a solid US holiday sales. Read more here!
Charts and Analysis November 23, 2018
EURTRY The pair was struggling to breakout of the downtrend. The draft negotiation deal between the European Union and the United Kingdom was already approved by UK’s Ministers and Parliament, which signals the eventual departure of UK from EU. Though the negotiation was a win-win situation, the EU will lose a member with the biggest …
