News

Lira Is Going Down Pressed by US Sanctions Against Turkey

The Turkish lira has reached its fresh record low, as the nation’s relationship with the U.S. are souring. This adds to investor concern...

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Hopes of ECB and Fed rate cuts boost global stocks

Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally

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Japanese Economy Rebounds in Second Quarter of 2018

Capital investment resulted in a strong rebound in Japan’s economy in the second quarter, as companies turned to technology to cope with...

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Brexit update: Boris Johnson is the new the U.K.’s prime minister and Tory leader

Boris Johnson was elected Conservative leader and will be appointed U.K. prime minister on Wednesday. His pledge to pull the country...

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Turkish Lira Drops Down Hitting Global Market

The Turkish currency has again devalued while the country itself is wrestling with a political crisis. Last week the lira plunged as much as 20%...

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Oil prices rise on weekly U.S. crude stockpile data

On Thursday oil prices rose in Asia on a weekly U.S. crude stockpile draw that came in almost three times the level previously expected...

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Saudi Arabia Presses Oil Prices Up

On Tuesday oil prices went up after the news from Saudi Arabia that cut its black gold production. The Saudits decreased...

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Gold prices rise; all eyes on U. S. Q2 GDP data and Fed meeting

Gold was under some pressure earlier in the day after data showed new orders for durable goods in the U. S. rose by more than double the forecasts for June...

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