Market Overview - Page 464

Market overview FX: The dollar index remains in a narrow range of around 98.30 for the fifth trading session in a row. EURUSD treads around 1.1030. AUD and CNH added while JPY is declined, reflecting an increase in demand for.

Some American companies in China are speeding up their move away from the mainland as increasing tariffs continue to hurt their businesses. That’s according to a survey released by the American Chamber of Commerce in Shanghai on Wednesday. More than.

China will win the trade war with the U.S., and eventually wean itself off its reliance on American technology, a strategist told CNBC on Monday. “China will never trust the United States again, and it will achieve its technology independence.

Last Friday Bitcoin (BTC) price marched within just a few dollars reach of $11,000 and it seemed that the weekend would be a bullish one. The top digital asset was on the verge of leaping over the descending trendline of.

The Chinese yuan is set to weaken further against the dollar as trade tensions between the United States and China continue, according to CLSA Chief Economist Eric Fishwick. Fishwick predicts the yuan will reach around 7.3 per dollar by the.

UK Prime Minister Boris Johnson’s office has confirmed the British Parliament will be suspended for the next five weeks starting Monday, after Johnson visited his counterpart in Dublin to discuss solutions to a problem that bedevilled his predecessor Theresa May:.

Russia’s ruling United Russia party, which supports President Vladimir Putin, has lost a slew of seats in the Moscow parliament, RIA news agency said on Monday, suggesting a tactical voting strategy pushed by opponents may have worked. Sunday’s poll was.

Veteran investor Mark Mobius is bullish on gold as central banks around the world cut interest rates. “Physical gold is the way to go, in my view, because of the incredible increase in money supply,” said Mobius, the founding partner.

Oil rose on Monday on expectations that Saudi Arabia, the world’s largest oil exporter, will continue to support output cuts by OPEC and other producers to prop up prices under new Energy Minister Prince Abdulaziz bin Salman. Prices climbed for.

US Nonfarm Payrolls was significantly below forecasts – only 130K, compared to the 159K expected by Wall Street analysts. The Unemployment rate was in line with expectations and remained at 3.7%. However, the situation with NFP is not clear, following.

Russian President Vladimir Putin has given NATO a “reason to live again” and is one key factor behind the resurgence and improved capability of the military alliance. Speaking at the Ambrosetti Forum in Italy on Friday, Gen. David Petraeus, a.

China’s People’s Bank of China (PBOC) announced Friday that it was reducing the amount of funds that banks have to hold in reserve in an effort to further stimulate its economy. The PBOC said its reserve requirement ratio would be.