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... Saiba Mais
Treasuries posted another set of gains for the fourth consecutive day as a decrease in the... Saiba Mais
Italy’s economy is performing well as it grew for the past three months signaling a stabilizing g... Saiba Mais
The central bank of Australia remained rates unchanged at 1.5 percent during its policy meeting on... Saiba Mais
The EUR dropped for the second consecutive day as the impending national elections increased... Saiba Mais
The Exchange reserve fell up to $3 trillion for the first time in six years. It is smaller in... Saiba Mais
The Gross Domestic Product of Indonesia beefed up by 5.02 percent in 2016 versus 4.88 percent in... Saiba Mais
Asian equities experienced a decline following a JPY rally after the demand for the safe haven... Saiba Mais
According to an analysis conducted in the euro zone, the economy of Italy has the worst condition... Saiba Mais
The US dollar fell for the sixth consecutive week and has recorded its lowest drop since July 2016... Saiba Mais
EU stocks dropped for the fourth consecutive time within a mere five-day period as the overall... Saiba Mais
Brazil’s President Michel Temer stated his plans to generate an economic reform programme which c... Saiba Mais
The People’s bank of China augmented its short-term interest rates as the e... Saiba Mais
Deutsche Bank, an established German lender, reported a net loss of 1.9 Billion Euros equivalent to... Saiba Mais
The economy of Canada is possible to recover from an oil crisis it endured, however, the... Saiba Mais
The dollar rose along with Treasury yields and managed to redeem its losses last Tuesday after... Saiba Mais
The US dollar dropped to brand new lows during the previous session and lost against all other... Saiba Mais
The economic status of Mexico had slowed down during the fourth quarter as the growth in services... Saiba Mais
European stocks plummeted on Monday after investors assessed the possible implications of... Saiba Mais
The Bank of Japan adjusted higher its economic forecast on Tuesday. However, the monetary policy... Saiba Mais
Based on the report of Ifo Research Institute, the trade surplus account of Germany broke its own... Saiba Mais
The Bank of Japan is scheduled to set its monetary policy after a two-day... Saiba Mais
The central bank of Bangladesh maintained its key policy rates on January 29, Sunday according to... Saiba Mais
The US dollar inched lower and asian stocks declined after the market suffered repercussions... Saiba Mais
The labor market of Spain has produced more than 400,000 jobs in 2016 while the unemployment rate... Saiba Mais
US stocks stopped its rallying trend during Thursday’s trading session after investors gathered a s... Saiba Mais
The industrial production of Singapore rose at th quickest rate over five years in December driven... Saiba Mais
Based on the report of Deutsche Bundesbank, inflation is predicted to surge for this month. Earlier... Saiba Mais
The Bank of Korea confirmed on Wednesday the economic growth of the sovereign state fell back... Saiba Mais
Environmentalists have predicted about the much-protected issue but only few of them presumed it... Saiba Mais
The US dollar continued its losing streak after President Trump signed an Executive Order which... Saiba Mais
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