The US economy substantiated June’s 287,000 payrolls with a solid consumer spending last week, although inflation remains unchanged at 0.2 percent. There were evidences that an...
The U.K. pound surged for a third day as Theresa May prepared to take-over from David Cameron. The U.K. pound rose 1.2 percent to $1.3179 against...
Three of the world’s top currency traders have said the pound woe is just getting started, after the embattled currency plunged to a 31-year low on...
The sterling dropped to its lowest in more than 30 years against the US dollar, after the Bank of England warned of the impact of Brexit...
There are insinuations that Australia could cut rates in August, if the Reserve Bank of Australia Go-ahead and reduce the cash rate by 25 basis points to...
Post-Brexit has not only changed the way investors and businesses approach the markets, but also have up the level of uncertainty and wariness of financial market...
China weakened the yuan reference rate by the most since August devaluation, citing the dollar gains post-brexit. The People’s Bank of China on Monday lower the...
Global financial markets were thrown into turmoil after the U.K. exit the world’s biggest market, the European Union. Pushing the pound to over 30-year low against...
The pound is making history as the U.K. looks destined for Brexit. Sterling slid by the most on record against the dollar, and reached its weakest...
When it comes to timing the Chinese equity market, stock trader Huang Weimin is hard to beat. The self-taught hedge fund trader gained more than 6,200 percent...
