News

IBM bets on block chain & AI initiatives for future growth

In mid-July, software company International Business Machines (NYSE: IBM) reported a decline in the fiscal 2017 second-quarter revenues, compared with…

7 years ago

Strong Q2 GDP growth turns Greenback bullish

The USD/MXN pair has been on a decline for the past six-months. The inability of the Trump administration to push…

7 years ago

UK Govt Urged To Ban Unilateral Increases In Credit Card Limits

A charity organization called ‘Citizens Advice’ has urged the UK government to ban credit card companies from raising customers’ credit…

7 years ago

ING beats Q2 view, gain clients on strong mob banking s/w

Despite reporting better than anticipated fiscal 2017 second-quarter net profit, the stock of ING Group N.V. (NYSE: ING), the largest…

7 years ago

Aussie up on strong iron ore, coking coal prices

Weak consumer spending and rising inflation have been keeping the Pound under pressure for the past two months. On the…

7 years ago

Germany Repatriates Gold From New York & Paris Successfully

Germany has successfully managed to bring back 674 tons of gold that it had stashed away in New York and…

7 years ago

Election uncertainty, RBNZ’s dovish stance turn Kiwi weak

Tensions between North Korea and the US had forced investors to look for safe haven assets earlier this month. That…

7 years ago

Barclays swings to Q2 loss on African stake sale

A totally unexpected charge of £700 million related to mis-selling of payment protection insurance (PPI) and a loss from the…

7 years ago

Strong employment data turns Pound bullish

We had forecast a rally in the GBP pair, on the basis of a robust employment and PMI data from…

7 years ago

IMF Cautions China Of Its Mounting Debt Levels

The International Monetary Fund (IMF) has warned China about its escalating debt levels while raising the forecast for the country’s…

7 years ago