Markets News

Japan Services PMI Records New Historical Low in April

The Japanese yen is losing ground against the greenback after the release of a series of poor PMI (Composite, services)…

5 years ago

Australia Composite & Services PMI Declines to New Low

The Aussie rallied against the greenback despite the data published by the Ai Group indicated a steep fall in the…

5 years ago

US Manufacturing Shrinks to Lowest Level in 11yrs

The euro hit $1.0994 Friday, reflecting the highest level since last month, after the European Central Bank maintained its benchmark…

5 years ago

US Personal Spending Plummets 7.5%, Reflecting Steepest Drop Ever

The US dollar declined against the euro yesterday after the initial jobless claims missed economists’ estimates by a huge margin.…

5 years ago

Yen Rallies Despite Roll Out of Additional Stimulus Measures

The Japanese yen rallied against the greenback to trade at 107.149 on the first day of the week, despite the…

5 years ago

Ruble Rallies Despite Interest Rate Cut by Bank of Russia

The Russian ruble gained against the US dollar for the third consecutive day to hit $74.1, as crude oil prices…

5 years ago

Israel Economy Expands 4.6% q-o-q in 4Q19

Israel economy grew at an annualized rate of 4.6% q-o-q in the December 2019 quarter, beating the 4.2% growth forecast…

5 years ago

China Economy Contract in Q1 2020, Fundamentals Intact

China’s GDP (Gross Domestic Product) contracted 6.8% y-o-y in the quarter ended March, after recording a 6% expansion in the…

5 years ago

China March Trade Surplus Beats Forecasts

The Shanghai Composite index had a strong opening today, with the benchmark index beginning the day at 2,795, reflecting a…

5 years ago

Russian Ruble Strengthens on Oil Production Cut Deal with OPEC+

Since the beginning of this month, the Russian ruble has been strengthening, with the USD/RUB hitting 73.76 Friday, the highest…

5 years ago