Economy News


European Stocks Drop on Chinese Virus Creeps

European Stocks Drop on Chinese Virus Creeps

European stocks plunged on Tuesday amid worries over another coronavirus flare-up starting in China, albeit positive news on business morale and facilitating cross-Atlantic exchange pressures saw markets finishing off session lows.


January 22, 2020
JGBs Almost Flat Amid China Virus Concerns
JGBs Almost Flat Amid China Virus Concerns

Japanese government bond (JGB) costs were minimal changed on Wednesday as traders were evaluating the advancements encompassing the flare-up of...

January 21, 2020
Gold Prices Retreat; Virus Outbreak Caps a Deeper Decline
Gold Prices Retreat; Virus Outbreak Caps a Deeper Decline

The gold prices retreated on Tuesday from a two-week peak on the back of the dollar stabilization, but continued to stand above $1,500 per troy...

Unemployment Rate in UK Steady at 3.8%; Pound Gains
Unemployment Rate in UK Steady at 3.8%; Pound Gains

The jobless rate in UK remained unchanged in November at 3.8 percent in the 3 months to October 2019, showing thus the lowest result since early...

German Govt Bond Yield Dip After Coronavirus Jitters
German Govt Bond Yield Dip After Coronavirus Jitters

Germany's 10-year government bond yield contacted one-week lows on Tuesday as stresses around another virus in China drove traders into an...

JGBs Rise as China Virus Tension Grasps Markets
JGBs Rise as China Virus Tension Grasps Markets

Japanese government bond rates advanced on Tuesday, as risk-on mood soured on stresses that another virus strain in China that has immediately...

BoJ Leaves Interest Rates Unchanged, Raises Growth Forecast
BoJ Leaves Interest Rates Unchanged, Raises Growth Forecast

The Bank of Japan kept interest rates at the same level on Tuesday and raised forecasts for economic growth amid easing fears of a global slowdown...

European Stocks Dip as Busy Week Appears Dimly
European Stocks Dip as Busy Week Appears Dimly

European stocks withdrew from late tops on Monday as traders stopped before propelling into seven days stuffed with financial information and the...

January 20, 2020
International Monetary Fund Cuts Growth Forecasts
International Monetary Fund Cuts Growth Forecasts

The IMF cut its global growth outlook for 2019, 2020 and 2021 in its World Economic Outlook, January 2020, citing unfavorable surprises to economic...

Gold Rate Rises as Demand for Safe Assets Increased
Gold Rate Rises as Demand for Safe Assets Increased

The gold prices reached more than a weekly high on Monday, as investors turned to safe assets amid continuing tensions in the Middle East and...

Euro Govt Bond Yields Generally Steady, Yet Italy Plunges
Euro Govt Bond Yields Generally Steady, Yet Italy Plunges

European government bond yields exchanged neutral on Monday in front of key monetary events the current week, for example, the World Economic Forum...

JGBs Weaker a Tad, Super-Long Yields at 2-Month Top
JGBs Weaker a Tad, Super-Long Yields at 2-Month Top

Rates of most Japanese government bonds (JGBs) dropped on Monday, with yields on long-dated bonds ascending to two-month peaks following a sell-off...

European Stocks Advance on Cross-Atlantic Trade Perky Mood
European Stocks Advance on Cross-Atlantic Trade Perky Mood

European stocks timed a record shutting peak on Friday after EU Trade Commissioner Phil Hogan sent out a positive vibe on converses with Washington...

January 17, 2020
Gold May Register Maximum Weekly Decline in 2 Months
Gold May Register Maximum Weekly Decline in 2 Months

The gold futures price rose on Friday, but could show a maximum weekly drop in about two months, as the encouraging economic data that came...

Schlumberger Shares Jump on Higher International Drilling
Schlumberger Shares Jump on Higher International Drilling

Schlumberger announced on Friday its quarterly earnings that modestly exceeded analysts expectations from $0.37 to $0.39 per share as drilling...

German Population at Top, Yet Growth Weakest Since 2012
German Population at Top, Yet Growth Weakest Since 2012

Germany's population arrived at an all-time peak of 83.2 million individuals a year ago thanks to relocation yet it developed at the weakest...

JGBs Bolstered by Shady Domestic Viewpoint
JGBs Bolstered by Shady Domestic Viewpoint

Japanese government bond rates discovered boost on Friday from recognizable feelings of trepidation that the economy will remain stuck in the...

Bank of Korea Leaves Rates Unchanged at 1.25%
Bank of Korea Leaves Rates Unchanged at 1.25%

The Central Bank of South Korea on Friday maintained its key interest rate, pointing to signs of a better trading situation and domestic economic...

China Q4 GDP Adds 6% Drifting Close to 30-Year Low
China Q4 GDP Adds 6% Drifting Close to 30-Year Low

China's economy gained 6.0 percent in the final quarter of 2019 from a year sooner, official information appeared on Friday, following desires...

European Stocks Gain on Sino-U.S. Trade Accord Alleviation
European Stocks Gain on Sino-U.S. Trade Accord Alleviation

European stocks edged higher on Thursday after Washington and Beijing marked an anxiously anticipated Phase 1 exchange accord, giving some help to...

January 16, 2020
Morgan Stanley Shares Surge More Than 6% After Q4 Results
Morgan Stanley Shares Surge More Than 6% After Q4 Results

According to the fresh data, Morgan Stanley's Q4 net profit increased by 46 percent, according to the financial giant report.

Turkey Central Bank Lowers Key Rate by 75 bps; Lira Soars
Turkey Central Bank Lowers Key Rate by 75 bps; Lira Soars

The Central Bank of Turkey suddenly trimmed its one-week repo auction rate by 75bps to touch 11.25 percent on Thursday in the framework of its...

Eurozone Bonds Take a Break After Bond Sell-Offs
Eurozone Bonds Take a Break After Bond Sell-Offs

Most 10-year bond yields in the euro region were a tad higher on Thursday, with German Bund yields just underneath fourteen-day peaks following the...

Brexit Expenditures Surpass 47 Years UK's Payments to EU
Brexit Expenditures Surpass 47 Years UK's Payments to EU

Brexit is leading to the UK’s expenditures of more than £200 billion in lost economic growth, that could be reached by the end of 2020,...

Shorter-Dated JGB Yields Drop Following Global Fellows
Shorter-Dated JGB Yields Drop Following Global Fellows

Yields on shorter-maturity Japanese government bond (JGB) edged lower on Thursday, following overnight moves in U.S. Treasuries and UK gilts, as...

European Stocks Close Flat, Key on China-U.S. Deal-Signing
European Stocks Close Flat, Key on China-U.S. Deal-Signing

European stocks finished almost unchanged on Wednesday as traders kept away from making any large wagers in front of the marking of Phase 1...

January 15, 2020
Bank of America Shares Sink After Gloomy Quarterly Report
Bank of America Shares Sink After Gloomy Quarterly Report

The Q4 earnings season continues and Bank of America reported on Wednesday a 4.1 percent quarterly profit cut, as lower interest rates limited the...

Euro Reaches One-Week High Ahead of Trade Deal Signing
Euro Reaches One-Week High Ahead of Trade Deal Signing

The euro rose to a weekly peak against the U.S. dollar on Wednesday on the back of cautious optimism among investors regarding the prospects for a...

Peru Economy Gains 1.86% in November, Weakest Since May
Peru Economy Gains 1.86% in November, Weakest Since May

Peru's economic action developed 1.86 percent year-on-year in November, the government said on Wednesday, its weakest rate since May, as an...

Eurozone Yields Drop on Sino-U.S. Deal Cautious Mood
Eurozone Yields Drop on Sino-U.S. Deal Cautious Mood

Eurozone bond yields tumbled from fourteen-day peaks on Wednesday after the U.S. Treasury Secretary said taxes would stay set up following the...

JGBs Bolstered By Trade-Deal Alert, 5-Year Sell-Off
JGBs Bolstered By Trade-Deal Alert, 5-Year Sell-Off

Japanese government bond (JGB) rates on Wednesday were bolstered by remarks from a top U.S. official that present taxes on Chinese products would...

Palladium Shortfall Fears Push Prices Up, Gold Grows Mildly
Palladium Shortfall Fears Push Prices Up, Gold Grows Mildly

Palladium prices approached the psychologically important border of $2,000 per ounce during the previous session in anticipation of increased...

European Shares Upheld by LVMH Rally
European Shares Upheld by LVMH Rally

A record top for Louis Vuitton proprietor LVMH and a rally in homebuilder Taylor Wimpey pushed European stocks higher on Tuesday, with traders...

January 14, 2020
Palladium Hits Record Highs With Drop in Gold and Silver
Palladium Hits Record Highs With Drop in Gold and Silver

Gold prices reach their minimum level on Tuesday over a week as stock markets were focused on a “first phase” trade deal inking between...

China to Make Solid Purchases of U.S. Goods in Interim Deal
China to Make Solid Purchases of U.S. Goods in Interim Deal

China promised to purchase U.S. goods worth of $80 billion in the next 2 years, as well as increase energy imports by more than $50 billion, a...

Eurozone Bond Yields Float Close to 2-Week Tops
Eurozone Bond Yields Float Close to 2-Week Tops

Benchmark 10-year government bond yields in the euro region floated close to their strongest levels in just about fourteen days on Tuesday, as the...

JGBs Recover as Nikkei Rises; Sino-U.S. Accord Expected
JGBs Recover as Nikkei Rises; Sino-U.S. Accord Expected

Japanese government bond (JGB) rates dropped over maturities on Tuesday, submitting general direction to a rally in Tokyo shares and overnight...

European Stocks Squeezed by Carmakers and Banks
European Stocks Squeezed by Carmakers and Banks

European stocks tumbled on Monday as carmakers endured a shot from a Chinese sales estimate while the London market outflanked after feeble...

January 13, 2020
UK’s Pound Dips Below $1.3 on Hopes for Interest Rate Cut
UK’s Pound Dips Below $1.3 on Hopes for Interest Rate Cut

The British currency continues to fall in price in anticipation of interest rate cut later this month, while the U.S. dollar has strengthened...

Gold Slips Ahead of Phase One Trade Agreement Signing
Gold Slips Ahead of Phase One Trade Agreement Signing

Gold prices are falling on Monday amid market optimism in run-up to Phase One signing of the U.S.-China trade agreement and in the absence of...

China-U.S. Trade Deal: When Phase One to Be Signed?
China-U.S. Trade Deal: When Phase One to Be Signed?

The U.S. and China may sign a trade agreement this week. The Chinese Vice Premier arrives in Washington on Monday.

China Car Sales Drop 8.2% in 2019: Auto Market Shrinks
China Car Sales Drop 8.2% in 2019: Auto Market Shrinks

Car sales in China tumbled 8.2 percent in 2019, numbers from the nation's greatest car industry association appeared on Monday.

Eurozone Bond Yields Up on Sino-U.S. Economic Agreement
Eurozone Bond Yields Up on Sino-U.S. Economic Agreement

Eurozone government bond yields were steady on Monday in front of the marking of Phase 1 economic agreement between Washington and Beijing, the...


The economy as a key factor in currency and stock trading

The economy is one of the key factors in the degree of the influence on the currency market. Such economic indicators as gross domestic product, consumer indices, indices of industrial production, inflation and the labor market are very important for the traders in the analysis and the construction of their trading strategies.

Follow the news of the world economy for successful trading

Understanding of the formation of economic indicators provides an opportunity for participants in the Forex market to conduct a more efficient trade. Publications of economic news have a direct impact on the exchange rate and on the income of traders, that is why everything that happens in the world economy must be carefully taken into account by traders in their trading plans.

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