August 14, 2019
Major US stock-index futures bounced-off the lows cheering the
Trump administration announcement of postponing the implementation of tariffs on Chinese
products till December and both sides confirmed their plan for trade talks in September.
August 8, 2019
Gold prices soared to a fresh six-year high on Wednesday supported
by the higher chances for monetary policy easing by the Federal Reserve in the coming
months.
August 7, 2019
The Reserve Bank of New Zealand surprised the markets and lowered
interest rates by 50 basis points, driving the Kiwi to its lowest levels since January
2016.
August 6, 2019
Major US stock-index futures fell sharply to trade at a two-month
low amid intensifying trade tensions between China and the United States.
August 5, 2019
The dollar index which measures the greenback against a basket of
major currencies faltered at a two-year high of 98.94 and tumbled to 97.88. The renewed
trade tensions between China and the United States raised the chances of an interest
rate cut by the Federal Reserve in September meeting to 83%.