Markets News

Micron Remains Bearish On Poor Demand For DRAMs

The share price of semi-conductor chip manufacturer Micron (MU) has declined more than 50% in the past eight months. The…

9 years ago

RBI Suggests System For Assessing Global Monetary Policies

Raghuram Rajan, the Governor of the Reserve Bank of India (RBI), India’s central bank has asked global central banks to…

9 years ago

Sluggish Economy and Brexit Fears Keep The Pound Bearish

The GBPCAD pair lost more than 1000 pips in the past two weeks to touch a low of 1.8662 on…

9 years ago

Glencore Post $8bn Loss Due To Weak Commodity Prices

Glencore, the Swiss mining and trading house recently confirmed a huge annual loss of $8 billion arising from the sharp…

9 years ago

Former Bank Of England Governor Predicts Failure of Eurozone

Mervyn King, the former governor of the Bank of England who is well-known for his views in opposing the European…

9 years ago

China Replaces Head Of Securities As It Seeks To Calm Market

China recently announced that it has replaced the head of its securities regulator Xiao Gang and appointed a top state…

9 years ago

Governor of PbOC Tries To Calm Market Over Major FX Concerns

China’s volatile market has caused serious concerns for a number of countries wiping out billions of dollars in trading. While…

9 years ago

UK Interest Rate Rise Unlikely – For Now

If you are a UK Forex trader then you will no doubt have been pinning your hopes on a rise…

9 years ago

China Claims Relatively Abundant Forex Reserves Despite Crash

In December 2015, China found its mammoth foreign reserves considered to be the world’s largest, dip to a three year…

9 years ago

IMF’s Lagarde Predicts Global Growth In 2016 To Be Disappointing

The global economic outlook for 2016 is not very positive according to Christine Lagarde, the Managing Director of International Monetary…

9 years ago