Category

Trade War
Euro Slides on Growth Worries The common currency Euro moved lower during London trade on Tuesday after the latest economic report out of Germany underscored investors’ fears of a widening slump within the Eurozone. According to Germany’s Statistics Bureau, industrial production unexpectedly fell to -1.9 in November (month-over-month), well below the anticipated improvement to 0.3%....
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Threat of General Election Pressures Sterling The Pound Sterling came under pressure against the greenback and Euro on speculation that the Prime Minister will face a challenge from the Labour Party in a general election vote. Theresa May has already low two crucial votes, and the looming Parliamentary vote on her proposed plans for the...
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Markets Rally on Trade War Ceasefire Asian stocks traded higher and U.S. stock futures also rallied after the announcement of a 90-day ceasefire in the trade war between the United States and China. The Shenzhen Composite surged 3.37 percent as of 1:37 p.m. HK/SIN while the Shanghai Composite jumped 2.70 percent. South Korea’s Kospi was...
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