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German Construction Orders Rise In April

Jun 23, 2017Comments off

Germany’s Destatis said construction orders in the country rose in April. Figures revealed on Friday that the seasonally, working-day and price-adjusted construction orders increased 0.9

Japan Manufacturing Sector Eases In May

Jun 23, 2017Comments off

The Nikkei on Friday said Japan’s manufacturing sector eased in May with a PMI score of 52.0. That compared to the 53.1 reading registered in

Japanese Yen Weakens Versus Majors

Jun 23, 2017Comments off

The yen on Friday fell versus other currencies in the Asian session. Versus the Swiss franc and the pound, the Japanese dropped to 114.71 and

Asian Shares Trade Sideways as Heightened C...

Jun 22, 2017Comments off

Asian stocks traded sideways Friday on news that China’s banking watchdog increased its scrutiny over loans for overseas asset purchases and as crude prices slightly

Oil Rises But Still Poised for Worst First-...

Jun 22, 2017Comments off

Crude oil prices managed to rebound and recover some of the steep losses earlier in the week. However, it is still set for the worst

Dollar Steady, Commodity Currencies Rally

Jun 22, 2017Comments off

The dollar was flat on Friday as traders stand on the sidelines ahead of the upcoming release of U.S. inflation-associated indicators, while commodity-linked currencies, such

Treasury Yields Slide on Health-Care Bill...

Jun 22, 2017Comments off

U.S. government bond yield fell slightly after the Republican Party’s Senate bill to revamp health care was challenged by internal opposition, showing the divide within

Mexico Signals End of Rate Hike Cycle

Jun 22, 2017Comments off

Mexico’s central bank hiked interest rates for the seventh consecutive time and signaled the end of its cycle of lifting borrowing rates as it perceives

Fed’s Bullard Criticizes FOMC’s Map...

Jun 22, 2017Comments off

St. Louis Federal Reserve President James Bullard he does not perceive any necessity for additional interest-rate hikes but said the U.S. central bank should begin

US Stocks Mixed as Nasdaq, Healthcare Share...

Jun 22, 2017Comments off

US stocks traded mixed on Thursday, as Nasdaq recorded an advance for two straight days and the healthcare sector recorded firm gains. The S&P 500