Economy News


Chinese Internet giant Baidu's results exceed forecasts

Chinese Internet giant Baidu's results exceed forecasts

Baidu, the Chinese multinational technology company specializing in Internet-related services and products and artificial intelligence reported quarterly results on Monday that exceeded forecasts amid an increase in the subscribers number to the streaming service, which provoked a rally in the co...


August 20, 2019
Japan vs South Korea: frictions could be halted
Japan vs South Korea: frictions could be halted

Japan affirms repeatedly deliveries of a high-tech material to South Korea after a month of imposing export restrictions in July, according to...

Pound weakens as investors eye EU response to PM’s demand
Pound weakens as investors eye EU response to PM’s demand

The UK’s currency eased on Tuesday as investors awaited EU leaders’ reaction to Boris Johnson’s demand regarding Irish backstop.

European shares mixed as investors assess stimulus moves
European shares mixed as investors assess stimulus moves

European stock markets showed mixed results on trading session opening on Tuesday amid expectations of incentives from major central banks. Food...

JGB yields grow across curve as boost hopes elevate
JGB yields grow across curve as boost hopes elevate

On Tuesday JGB yields advanced over the curve because of a more quiet tone in global markets and proceeded with anticipations for crisp boost...

Boost hopes lift up European stocks for a second session
Boost hopes lift up European stocks for a second session

European stocks ended higher for the second session in a row on Monday on signs that stimulating measures would be embraced to prop up development...

August 19, 2019
Stock markets trading period could be shortened
Stock markets trading period could be shortened

Financial bodies consider at first glance the revolutionary proposals to reduce the period for stock market trading across Europe, according to...

European stocks extend gains on policy stimulus hints
European stocks extend gains on policy stimulus hints

European stock markets extend their gains for the 2d consecutive trading session on Monday, boosted by Germany’s and China’s policy...

EU bond yields off lows, all eyes on German fiscal boost
EU bond yields off lows, all eyes on German fiscal boost

On Monday bond yields in the euro area were off record low levels, as a more settled mood in world markets and attention went to the possibility of...

Growth of closing auctions boosts worries in European shares
Growth of closing auctions boosts worries in European shares

On Friday European stocks shut deep in the green, following a turbulent week, as the mood turned more optimistic on any expectations of a financial...

August 16, 2019
Housing starts in U.S. drop while building permits soar
Housing starts in U.S. drop while building permits soar

U.S. houses building dropped by 4.0 percent in July with a significant decrease in multi-family housing number, which slashed by 16.2 percent, but...

EM shares snap five-session losing track, currencies firm
EM shares snap five-session losing track, currencies firm

On Friday EM shares advanced without precedent for six sessions, backed up by desires for further impetus in China, a factor which additionally...

European stock markets grow due to technology sector
European stock markets grow due to technology sector

European stocks managed to recover on Friday due to positive sentiment following the news that China hinted at its plans to resort to possible...

Gold prices mostly down, only palladium stays afloat
Gold prices mostly down, only palladium stays afloat

Gold, according to the latest data, got a great benefit from a spate of buoyed factors over the past few months, and there is a bullish opinion,...

EU bond yields hover near record lows on recession fears
EU bond yields hover near record lows on recession fears

On Friday Government bond yields in the eurozone drifted close minimal levels, reflecting elevated anticipations for ECB facilitating soon and...

Shanghai nickel jumps as Indonesia export ban worries grow
Shanghai nickel jumps as Indonesia export ban worries grow

On Friday Shanghai nickel rates gained, while a key pointer of supply deficiency hopped to 10 years peak, during the recent nerves over supplies...

Dow Jones and S&P 500 recover, Nasdaq stumbles along
Dow Jones and S&P 500 recover, Nasdaq stumbles along

The Dow Jones and the S&P 500 closed up on Thursday after a sharp tumble on the eve by more than 3 percent, as recession concerns eased...

European stocks closed lower on trade anxiety
European stocks closed lower on trade anxiety

On Thursday European stocks hit half-year lows in an unpredictable session, with London stocks losing over 1%, as China cautioned of reprisal...

August 15, 2019
Walmart gains more than analysts forecast in Q2
Walmart gains more than analysts forecast in Q2

U.S. retailer Walmart reported its Q2 earnings, having exceeded the markets’ expectations an on Thursday due to shopping boosts at its stores...

Cisco shares slump on weak Q1 2020 forecasts profit
Cisco shares slump on weak Q1 2020 forecasts profit

Cisco Systems shares went down by approximately 7 percent during the previous trading day after disappointing estimates, that could be regarded to...

European shares down after sharp sell-off; Banks sink
European shares down after sharp sell-off; Banks sink

European shares remain in the negative territory on Thursday, though the sharp decline on the eve turned into a more moderate slump amid all signs...

August 14, 2019
Gold stays firmly on global growth fears despite trade thaw
Gold stays firmly on global growth fears despite trade thaw

Yellow metal is right on track on Wednesday, as China’s weak data awaked new fears of global recession and market participants began to shift...

European stocks drop as global growth concerns persist
European stocks drop as global growth concerns persist

European main stocks began trading on Wednesday mostly down, with only UK’s index trying to stay afloat, as a weak growth outlook from...

Germany's bond market reacts to weak growth
Germany's bond market reacts to weak growth

On Wednesday government bond yields in Germany tumbled to new record lows after news that the economy shrank in the subsequent quarter strengthened...

Tariff delay offsets negative drivers for European stocks
Tariff delay offsets negative drivers for European stocks

European stocks arranged a rebound from morning declines on Tuesday as development areas drove the charge, after Washington's transition to...

August 13, 2019
Wall Street advances on new Sino-U.S.trade talks progress
Wall Street advances on new Sino-U.S.trade talks progress

U.S. stock markets grew on Tuesday despite the yield-curve inversion fears, after the Trump administration announced about its plans to postpone 10...

EU asylum applications rise by 10 percent for six months
EU asylum applications rise by 10 percent for six months

The number of asylum requests in European countries grew by 10 percent for the period from January to June at annual base, as it was indicated in...

JGB yields edging lower amid global bond rally
JGB yields edging lower amid global bond rally

On Tuesday JGB rates kept on rising, the first exchanging day following Tokyo's extended day off, with yields touching crisp three-year...

Europe's stocks drop on mix of negative stories
Europe's stocks drop on mix of negative stories

On Tuesday European stocks declined, as gloomy news from around the world including Italy and Argentina's political vulnerability and tireless...

European indexes stumble on blurred outlook
European indexes stumble on blurred outlook

The trade war between the United States and China will continue for at least another 15 months, until the fall of 2020, until the election of the...

August 12, 2019
Fitch decision brings relief to Italy's bond market
Fitch decision brings relief to Italy's bond market

On Monday Italy's 10-year bond yield tumbled from five-week peaks as a choice by Fitch to leave the nation's appraising unaltered mollified...

Italy’s political uncertainty affects Europe's stocks
Italy’s political uncertainty affects Europe's stocks

European stock markets closed down on Friday with Italian index tumble, as political uncertainty weighed, while Donald Trump’s comments had...

August 9, 2019
Bayer soars on report of multi-billion Roundup settlement
Bayer soars on report of multi-billion Roundup settlement

Bayer equities grew significantly Friday after a report on German company’s readiness to settle in full up $8 billion for thousands of filed...

European shares grow on China’s strong data
European shares grow on China’s strong data

European stocks went through their best day in approximately 2 months on Thursday on China’s upbeat data, including its currency steadying,...

August 8, 2019
Viacom and CBS still in final stages, shares of both rise
Viacom and CBS still in final stages, shares of both rise

Viacom Inc (owner of MTV, Comedy Central and Nickelodeon), having posted the report on Thursday, exceeded analysts expectations for a quarter...

European shares manage to recover but worries linger
European shares manage to recover but worries linger

European stock markets ended trading session mostly high on Wednesday, rebounded from a three-day tumble on the backs of a multi-billion dollar...

August 7, 2019
Gold prices rise amid global uncertainty
Gold prices rise amid global uncertainty

Gold prices extended gains on Wednesday after the precious metal followed its rally toward new 6-year high levels amid trade policy tensions...

Germany's industry stays in economic downturn
Germany's industry stays in economic downturn

On Wednesday appeared figures demonstrating that German industrial production declined more than anticipated in June, because of the thinner output...

European stocks turn again down extending losses
European stocks turn again down extending losses

European stocks didn’t managed to save the positive trend on Tuesday and went down on close affected by trade worries as strong German...

August 6, 2019
China expects consumption of coal to rise in near future
China expects consumption of coal to rise in near future

Endorsements for new coal mineshaft construction in China have advanced in 2019, government reports appeared, with Beijing anticipating that...

European shares rise as economic data overshadows losses
European shares rise as economic data overshadows losses

European equities began trading session on the green territory on Tuesday, trying to recover the several days losses as better-than-expected...

Goldman Sachs sees no breakthrough in trade war
Goldman Sachs sees no breakthrough in trade war

Goldman Sachs said it no longer anticipates that the Sino-U.S. issues would be solved to end their extended exchange row before the November 2020...

European stocks close deeply down, following global sell-off
European stocks close deeply down, following global sell-off

European shares skipped down by more than 2 percent on Monday with the main index fall after Trump’s announcement, resulted in China’s...


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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