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Trump accuses China, EU of currency manipulation
August 22nd, 2018
President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the U.S.’s largest trade partners. “I think China’s manipulating their currency, absolutely. And I think the euro ...
Most Asian equities gained on Monday, Yen to Dollar little changed; Key events coming up this week
August 20th, 2018
Most Asian equities gained on Monday as traders held out hopes about developments in the trade war and ahead of a meeting of central bankers later in the week that may throw up clues on the outlook for markets. ...
Asian stocks mixed, Yen to Dollar rose, the Kiwi plunged; These are the main moves in markets
August 9th, 2018
Asian stocks were mixed Thursday with Chinese equities again outperforming despite the ongoing tariff to-and-fro between China and the Trump administration. The dollar ticked higher, while oil held on to Wednesday’s losses. A firmer yen weighed on Japanese shares ...
Asian stocks traded mixed, Euro to Dollar down; Here are some key events coming up this week
August 6th, 2018
Asian stocks were mixed Monday as China pledged it will stand the course of a trade war with the U.S. The yuan pared some of its gains following a rally triggered by a surprise China central bank move to ...
European shares seen opening lower on US-China trade worries
August 2nd, 2018
European shares may drift lower at open on Thursday amid reports the Trump administration is mulling raising tariffs on Chinese goods. A spokesperson for China’s Foreign Ministry accused the US of “blackmail” and warning of inevitable countermeasures if the ...
U.S. dollar rises against the dollar index basket of currencies; Asia markets fell on Thursday
August 2nd, 2018
Asia markets fell on Thursday, following an overnight mixed session in the U.S. as renewed trade concerns offset strong gains in tech. In Australia, the benchmark ASX 200 declined 0.24 percent as the materials subindex fell 1.29 percent. Major ...
Euro rose against the Dollar, Chinese Yuan continued to weaken; Big week for currency markets
July 31st, 2018
Major currencies largely stuck to familiar ranges on Monday as investors shied away from taking big positions ahead of a flurry of crucial economic data and central bank monetary policy meetings this week. The Bank of Japan ends a ...
Emerging currency traders are being kept on their toes
July 30th, 2018
Emerging-market foreign-exchange traders are being kept on their toes even as their counterparts dealing in developed currencies might be struggling to stay awake amid the lull of the northern summer. Implied volatility on emerging-market currencies has surged and ...
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 advanced, oil price declined, gold traded around the lowest in a year
July 18th, 2018
Asian stocks advanced after an upbeat assessment on the U.S. economy from Federal Reserve Chairman Jerome Powell comforted investors wary of a blowout in protectionism. Equities climbed from Tokyo to Sydney and U.S. futures edged up after the Nasdaq ...
