US dollar to decline on possible delay in Fed rate hike
The speculation of a Fed rate hike resulted in an uptrend in the USDZAR pair, which hit a high of 15.9818 on May 19th . The impeachment proceedings against the South African President, Jacob Zuma, also aided the rise of
Read MoreEuropean Stock Markets Jittery From Fears Of Possible Brexit
Stock markets in Europe are witnessing a declining trend as concerns grow around global growth prospects against the background of weak manufacturing data, the Brexit referendum in Britain and the upcoming European Central Bank (ECB) policy meeting. Mining stocks fell
Read MoreJinko Solar beats Q1 estimates, issues strong Q2 outlook
Last week, solar power panel manufacturer Jinko Solar Holding Co., Ltd. (JKS) reported an exceptional fiscal 2016 first-quarter earnings and revenue that surpassed the analysts’ estimates by a huge margin. However, the share price is yet to see an uptrend.
Read More
