U.S. stocks fell on Tuesday after three days of gains as weak German growth data renewed concerns about the euro zone debt crisis and the global economy. read on...
The market is digesting the fact that the era of a predictable and steady Renminbi (RMB) appreciation is at an end, and even senior Chinese officials have made recent statements that they considered the RMB close to its fair value. read on...
It appears that the day is loaded with negative sentiments. First it was China that dragged down global sentiments with its manufacturing data. Then the Euro Zone continued it with its private sector manufacturing data dampening the sentiments. read on...
The Euro Zone got a shot in the arm from the economic indicator when German’s ZEW institute disclosed that investor optimism index witnessed surprisingly upside in February. This is a ten month high for the region and came on the back of improved economic conditions in the U.S. read on...
U.S. stock extended their gains to end on a positive note, rebounding from sharp losses last Friday, after Greece parliament approved an austerity package to avoid debt default amid protests in Athens. read on...
In the last few days, the interplay between sovereign debt ratings, interest rates, and exchange rate read on...
Dollar index fell to a marginally new low of 75.78 on October 9 as gold made another record high of $1062.7 read on...
On Monday, United Nations called for reducing dollar’s role in international trade by establishing a new read on...
Gold keeps the sheen – thanks to the third Central Bank Gold Agreement (CBGA) signed by some central banks read on...