Sterling Records Small Gains But Still Close To March 2020 Low
On Friday, an already low Sterling recorded a slight gain against the US dollar but was still close to the low levels last seen in...
Hong Kong Index Falls While Asia Markets Rise
On Thursday, there was a dip of more than 1% in Hong Kong stocks, while markets in the Asia-Pacific region were trading higher. Meanwhile, the...
Asia-Pacific Stocks Mostly Rise
On Wednesday, shares in Asia-Pacific markets were mostly higher for the day, as the Reserve Bank of New Zealand and Bank of Korea hiked their...
Japanese Stocks Leading Asian Losses As Risk Sentiment Takes A Hit
On Tuesday, Japanese stocks were leading losses in Asia-Pacific markets, as risk-off sentiment took hold due to the global economic situation. Indexes fall There was...
Wall Street Ends Lower Before Inflation And Earnings Data
On Monday, Wall Street lost some ground as market participants were wary due to a lack of catalysts, as they embarked on a week that...
Hong Kong’s Hang Seng Index Plunges Due To Heavyweights
On Monday, there was a 3% decline in the Hang Seng index of Hong Kong due to heavyweights Alibaba and Tencent, as news of China...
UK Stocks Close Week Higher Despite Political And Economic Turmoil
On Friday, the UK FTSE 100 index climbed higher, thanks to a boost from consumer staple and energy stocks in a week that saw Britain...
Otkritie Bank Claims Russians Are Buying Chinese Yuan
The Finance Ministry of Russia is planning on re-starting its foreign exchange interventions, using the currencies of ‘friendly nations’. Otkritie, the state bank, said that...
China Says Bitcoin will Go Down to Zero
It is quite well-known that the government of China does not have a favorable view of Bitcoin, or the rest of the cryptocurrency market. The...
Sterling Trims Declines Thanks to Better-than-Expected PMIs
On Thursday, the British pound was able to trim some of its losses against the US dollar and the euro, after the PMI numbers turned...