Economy News


Gold prices fall as dollar remains ​​relatively stable

Gold prices fall as dollar remains ​​relatively stable

Gold futures fell on Friday and run the risk of ending the week negatively due to a slight strengthening of the dollar, but are still supported by optimistic forecasts of the latest U.S. economic data.


May 17, 2019
Trade tensions markedly affect  European stock markets
Trade tensions markedly affect European stock markets

 The most part of European markets traded on the red territory on Friday, as the automotive industry suffers heavy losses due to aggravated...

May 16, 2019
Eurozone trade surplus lowers amid increasing imports
Eurozone trade surplus lowers amid increasing imports

Eurozone trade balance fell to 22.5 billion euros in March from 26.9 billion euros on a year-on-year basis, surpassing market expectations with a...

European shares fall as Huawei case heightens anxiety
European shares fall as Huawei case heightens anxiety

European stocks began to fall on Thursday after Washington took Huawei to the list of threats to the country's security, which only exacerbated...

May 15, 2019
Banking sector reports make European stocks blush
Banking sector reports make European stocks blush

European stocks on Wednesday were in the red zone, the leader of the decline was the regional banking sector.

May 14, 2019
Gold falls in price; Wall Street recoups recent losses
Gold falls in price; Wall Street recoups recent losses

Tuesday's gold is falling from a psychologically significant level of $1,300 per troy ounce. June gold dropped by 0.39 percent, to $1,296.60...

Europe's stocks recoil from recent lows amid heavy sell-off
Europe's stocks recoil from recent lows amid heavy sell-off

European stocks traded higher on Tuesday because concerns about the trade subsided a bit, especially after U.S. President Trump was very optimistic...

Pound has chances to recover after UK employment data
Pound has chances to recover after UK employment data

The British pound reached a 2-week low shortly before the release of economic data on employment in the country, because investors want to assess...

May 13, 2019
European markets come down in wake of Asian trading session
European markets come down in wake of Asian trading session

European stock markets are almost all in negative territory on Monday morning, following a decrease in the Asia-Pacific trading session, since...

May 10, 2019
U.S. levies on imports from China increase demand for gold
U.S. levies on imports from China increase demand for gold

Gold futures grew on Friday after the U.S. President raised the tariffs on $200 billion worth of Chinese goods. High tariffs put pressure on more...

U.S. and China’s trade war will affect global economy
U.S. and China’s trade war will affect global economy

Analysts point out that the inevitable escalation of the trade war between the United States and China — and the threat of retaliatory...

May 9, 2019
Canada's housing starts increased in April
Canada's housing starts increased in April

The number of housing starts adjusted for seasonal variations in Canada grew in April, as the number of new multi-unit foundations compensated the...

May 8, 2019
Swiss franc eases despite country's unemployment reduces
Swiss franc eases despite country's unemployment reduces

The number of job seekers in Switzerland, excluding seasonal fluctuations, declined in April, according to the official agency data.

May 7, 2019
Uber ready for IPO; will it share same fate as Lyft?
Uber ready for IPO; will it share same fate as Lyft?

About 15 IPOs are expected this week, with one of the largest IPOs in the technology sector with a price range of $91 billion will be held on...

Europe’s stock markets mixed, as trade talks bring pressure
Europe’s stock markets mixed, as trade talks bring pressure

European markets maintained their first business day dynamics with London loss-leader, as investors returned from a long weekend and should still...

May 6, 2019
Global demand for gold rises by 7 percent in Q1
Global demand for gold rises by 7 percent in Q1

Gold prices rose on Friday in response to the expected weakening of the U.S. dollar after Fed’s statements.

Italy to submerge into fiber-optic network
Italy to submerge into fiber-optic network

Italy’s telecommunications company Open Fiber signed an agreement with Fastweb, a company with a related field of activity on expanding...

May 3, 2019
Gold prices recoil from 2019 low on Friday
Gold prices recoil from 2019 low on Friday

Gold futures rose on Friday, hoping to offset recent losses, which dragged the prices down to their lowest border of this year.

Europe's stock markets mostly up; Adidas AG shares soar
Europe's stock markets mostly up; Adidas AG shares soar

Investors eye economic data that will come out later, including producer prices in the eurozone in March and data on employment in the U.S....

May 2, 2019
UK constructions PMI shifts to expansion; interest rate 0.75
UK constructions PMI shifts to expansion; interest rate 0.75

The IHS Markit/CIPS UK Construction PMI showed an increase due to the fastest pace of housing construction, registered in 2019.

Europe's shares mostly down, only DAX gains
Europe's shares mostly down, only DAX gains

The U.S. dollar continued its rise on Thursday after a decrease at 7.52 GMT, while European stocks show mixed results on the Fed’s news and...

May 1, 2019
High fuel costs and overcapacity shrink Lufthansa’s reports
High fuel costs and overcapacity shrink Lufthansa’s reports

Lufthansa German airlines were forced to state a ninefold increase in net loss in the Q1 of 342 million euros, or $383 million, due to rising fuel...

Danske Bank lowers its forecast for 2019
Danske Bank lowers its forecast for 2019

Danish Commercial Bank Danske Bank, which turned out to be at the center of one of the world's largest money laundering scandals, presented an...

Alphabet’s weak report data for Q1 misses expectations
Alphabet’s weak report data for Q1 misses expectations

The cost of Alphabet’s shares (Google), collapsed at the beginning of the week after the company's earnings report. The data fell short...

April 30, 2019
Mining sector pulls Europe’s stock markets down
Mining sector pulls Europe’s stock markets down

European indexes were mostly down on Tuesday, being under pressure from some companies earnings data. The mining sector was the loss leader with...

April 29, 2019
Exxon and Chevron show downbeat earnings reports
Exxon and Chevron show downbeat earnings reports

The oil market major players Chevron Corporation and Exxon Mobil Corporation presented their earnings reports, which as analysts had predicted,...

Amazon heals differences with Google
Amazon heals differences with Google

Amazon platform has bridged some differences with Google and decided to close the online store in China. Stock analysts positively assessed these...

Africa loses gold due to smuggling into UAE
Africa loses gold due to smuggling into UAE

Gold is smuggled on billions of dollars illegally from Africa to the United Arab Emirates, a Reuters source said.

April 26, 2019
Flat banking sector reports weaken Europe’s stock markets
Flat banking sector reports weaken Europe’s stock markets

European indices mostly fell on Friday after loss report from large banks. The pan-European index STOXX 600 advanced 0.16 percent to 390.75 at...

Europe's countries ready for Belt and Road MoU on terms
Europe's countries ready for Belt and Road MoU on terms

German Economy Minister Peter Altmaier during the international forum “One Belt - One Way,” said on Friday that many European Union...

Japan’s unemployment rate rises, so does yen; CPI climbs
Japan’s unemployment rate rises, so does yen; CPI climbs

The unemployment rate in Japan unexpectedly rose to 2.5 percent in March 2019, while in February the figure was at 2.3 percent, not meeting the...

April 25, 2019
Europe's stocks drop on mixed reports, growth fears remain
Europe's stocks drop on mixed reports, growth fears remain

Europe’s stock markets showed mixed dynamics on Thursday, as concerns over the eurozone economy refreshed after a weak data of business...

April 24, 2019
Caterpillar’s shares drop because of weak China’s sales
Caterpillar’s shares drop because of weak China’s sales

Caterpillar, one of the largest corporations for the world production of special machinery, alerted investors by presenting weak quarterly reports...

Gold prices fluctuate, despite stable dollar
Gold prices fluctuate, despite stable dollar

Gold prices fluctuate on Wednesday, moreover, during the previous session precious metal marked a four-month low, as the dollar has a dominant...

Europe’s indexes fall on quarterly reports, only DAX gains
Europe’s indexes fall on quarterly reports, only DAX gains

European stocks retreated from eight-month highs on Wednesday. Fears that China has suspended policy easing measures have put pressure on the...

April 18, 2019
Gold pressure increases, but prices retain
Gold pressure increases, but prices retain

The gold prices dropped by 5 percent to $1,271 per troy ounce since the end of the February. The gold is under pressure amid rising risk appetite,...

April 17, 2019
Foreign exchange earnings in emerging markets eclipse G10
Foreign exchange earnings in emerging markets eclipse G10

Investment banks, trading in currencies of emerging countries earn more than in the main markets of the traditional G10, as significant...

China's economic data affects FX markets; Aussie grows
China's economic data affects FX markets; Aussie grows

The Aussie strengthened against the greenback on Wednesday, reaching its 2-month maxim, after economic data was published, which shows that...

April 15, 2019
Europe’s stocks grow despite of significant news absence
Europe’s stocks grow despite of significant news absence

European stocks advanced on Monday as Sino-U.S. trade optimism and strong China’s economic data dispelled some concerns over the global economy.

April 12, 2019
European stocks gain on the back of China’s economic data
European stocks gain on the back of China’s economic data

European stocks on Friday grew despite the investors’ caution in regard to the slowdown in the global economy and concerns about the upcoming...

April 11, 2019
Gold ends 5-session winning streak, prices drop
Gold ends 5-session winning streak, prices drop

Gold was in demand this week, as investors turned to safe-haven assets being afraid of a slowdown in economic growth. The last straw was the IMF...

Luxury goods sector propels European shares up
Luxury goods sector propels European shares up

European stock markets froze near the level of the previous close at the beginning of the Thursday session amid  U.S. and European central...

April 10, 2019
European shares heighten ahead of ECB meeting
European shares heighten ahead of ECB meeting

European indices advanced on Wednesday ahead of the Brexit summit and the ECB meeting, with Spanish stocks rising for the first time in three days.


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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