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Central Bankers Unveil Rules for Forex Trad...

May 25, 2017Comments off

In a move to rebuild confidence following years of scandals, banks, investors, and policymakers revealed Thursday new regulations for trading in global foreign exchange markets.

British Economy Degenerates More than Proje...

May 25, 2017Comments off

The British economy decelerated more than previously anticipated in the first quarter of 2017 as increasing inflation bolstered by Brexit affected the consumer spending. Official

Asian Markets Gain After Fed Minutes

May 25, 2017Comments off

Asian markets climbed on Thursday following minutes from the U.S. Federal Reserve meeting while investors looked ahead to the OPEC gathering broadly anticipated to extend

South Korea’s Central Bank Continues to S...

May 24, 2017Comments off

The Bank of Korea kept its interest rate at record low levels during its latest policy meeting as household debt continued to swell and the

Fed Minutes Show Policy Makers Eyeing June ...

May 24, 2017Comments off

Federal Reserve policymakers reached a consensus that they should postpone hiking rates until it was certain that a recent weakness in the U.S. economy’s growth

Gold Stable as Dollar Falls on Fed Minutes

May 24, 2017Comments off

Gold held on to most of its gains from the session earlier, as the dollar fell after minutes of the U.S. Federal Reserve’s latest policy

U.S. Treasury Yields Slump in Wake of Fed M...

May 24, 2017Comments off

U.S. government bond yields retreated after minutes from the Fed’s policy meeting earlier this month revealed U.S. central bank officials mostly agreed on the view

Dollar on the Defensive, Euro Gains Followi...

May 24, 2017Comments off

The dollar was on the backfoot after minutes of the Federal Reserve policy meeting which were not as hawkish as expected, while the euro inched

Bitcoin Touches $2,500 Level as Woes about ...

May 24, 2017Comments off

Bitcoin reached the $2,500 level on Wednesday, logging another record high, following an announcement from a group focusing on digital currency eased woes regarding a

ECB’s Draghi Says No Reason to Shift ...

May 24, 2017Comments off

European Central Bank President Mario Draghi reiterated that there is no rationale to move away from the policy direction which the central bank has already