Search Results for: Chinese
Smartphone rankings shaken up once again as Huawei surpasses Apple
August 1st, 2018
According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 342.0 million units during the second quarter of 2018 (2Q18), resulting in a 1.8% decline when compared to ...
Trade truce boosts the euro and hurts the US dollar
July 27th, 2018
The DXY dollar basket dropped to 94.08, down from a high of 95.65 last week. The dollar is under pressure from a range of negative drivers. Friday’s GDP print could be the blow off top for US growth and ...
State or Individual?
July 20th, 2018
The most important question faced by the human race is almost never addressed in modern times: which should be the master, the state over the individual or the individual over the state? It is particularly relevant today, bearing ...
China’s yuan plunges again. Is a currency war coming?
July 20th, 2018
The yuan weakened almost 1% against the US dollar on Thursday to hit its lowest level in a year. It has now fallen by nearly 8% over the past three months amid a global trade spat and concerns over ...
Asian stocks halt four weeks of losses, Pound drops; Here are the main market moves
July 13th, 2018
Asian stocks headed for their first weekly advance in five as trade tensions appeared to ease after China refrained from detailing retaliation plans against threatened U.S. tariff increases. The pound slipped on the latest woes from the Brexit quagmire. ...
Investors Update: Escalating trade row haunts emerging markets stocks, Forex
July 12th, 2018
A sharp escalation of the trade war between Washington and Beijing battered emerging markets on Wednesday with Chinese stocks faltering, the yuan weakening and falling commodity prices adding to the pressure. U.S. President Donald Trump’s administration raised the stakes ...
Stocks in Asia declined, the Euro and the Aussie were down; Here are the main market moves
July 11th, 2018
Stocks in Asia declined with U.S. equity futures, industrial metals and China’s yuan after the Trump administration released the biggest list yet of Chinese goods it may hit with tariff increases, a move that China said will force it ...
Diamond prices rise in June
July 9th, 2018
Diamond market sentiment was positive in June after the Las Vegas shows demonstrated robust US jewelry demand. Suppliers held polished prices firm amid shortages in some categories and as high rough prices squeezed manufacturing profit margins. The RapNet Diamond ...
Oil prices volatile as trade conflict between U.S. and China escalates
July 6th, 2018
Oil prices seesawed in nervous trading on Friday as the United States slapped a raft of tariffs on Chinese goods in an escalating trade war between the world’s two biggest economies. Oil prices initially fell on Friday, along with ...
Stocks climbed in Asia, Euro and Japanese Yen slid to Dollar; What traders are watching
July 6th, 2018
Stocks climbed in Asia and the yen slipped with gold as the well flagged U.S. imposition of tariffs on Chinese imports began, something China vowed to fight back on. Treasuries declined, as did the yuan. Equities rose from Sydney ...