According to data collected by the SWIFT system, the participation of the Chinese currency in international financial transactions has significantly decreased over the past month. The share of transactions using the yuan decreased to 3.6%, which is 1.1% lower than in August. Earlier in July, this figure reached a historic high of 4.7%.Experts cannot yet unequivocally determine the reason for this decline, but some attribute it to the easing of pressure on the yuan exchange rate observed in the f... Read More
Treasuries posted another set of gains for the fourth consecutive day as a decrease in the... Read More
Italy’s economy is performing well as it grew for the past three months signaling a stabilizing g... Read More
The central bank of Australia remained rates unchanged at 1.5 percent during its policy meeting on... Read More
The EUR dropped for the second consecutive day as the impending national elections increased... Read More
The Exchange reserve fell up to $3 trillion for the first time in six years. It is smaller in... Read More
The Gross Domestic Product of Indonesia beefed up by 5.02 percent in 2016 versus 4.88 percent in... Read More
Asian equities experienced a decline following a JPY rally after the demand for the safe haven... Read More
According to an analysis conducted in the euro zone, the economy of Italy has the worst condition... Read More
The US dollar fell for the sixth consecutive week and has recorded its lowest drop since July 2016... Read More
EU stocks dropped for the fourth consecutive time within a mere five-day period as the overall... Read More
Brazil’s President Michel Temer stated his plans to generate an economic reform programme which c... Read More
The People’s bank of China augmented its short-term interest rates as the e... Read More
Deutsche Bank, an established German lender, reported a net loss of 1.9 Billion Euros equivalent to... Read More
The economy of Canada is possible to recover from an oil crisis it endured, however, the... Read More
The dollar rose along with Treasury yields and managed to redeem its losses last Tuesday after... Read More
The US dollar dropped to brand new lows during the previous session and lost against all other... Read More
The economic status of Mexico had slowed down during the fourth quarter as the growth in services... Read More
European stocks plummeted on Monday after investors assessed the possible implications of... Read More
The Bank of Japan adjusted higher its economic forecast on Tuesday. However, the monetary policy... Read More
Based on the report of Ifo Research Institute, the trade surplus account of Germany broke its own... Read More
The Bank of Japan is scheduled to set its monetary policy after a two-day... Read More
The central bank of Bangladesh maintained its key policy rates on January 29, Sunday according to... Read More
The US dollar inched lower and asian stocks declined after the market suffered repercussions... Read More
The labor market of Spain has produced more than 400,000 jobs in 2016 while the unemployment rate... Read More
US stocks stopped its rallying trend during Thursday’s trading session after investors gathered a s... Read More
The industrial production of Singapore rose at th quickest rate over five years in December driven... Read More
Based on the report of Deutsche Bundesbank, inflation is predicted to surge for this month. Earlier... Read More
The Bank of Korea confirmed on Wednesday the economic growth of the sovereign state fell back... Read More
Environmentalists have predicted about the much-protected issue but only few of them presumed it... Read More
The US dollar continued its losing streak after President Trump signed an Executive Order which... Read More
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