Forex news from the European trading session – 19 July 2018 Headlines: Markets: USD leads, NZD lags behind on the day European equities lower, losses led by mining stocks Gold down 0.93% to $1,216.04 WTI crude down 1.29% to $67.87 US 10-year yields up 2.2 bps to 2.891% Bitcoin up 0.70% to $7,388 It’s another
These posts from earlier on the labout market report for June A response from Westpac, this in brief from a longer piece: result is a very positive one Putting it into context, it still caps off a slower first half of 2018 for Australian employment growth than last year’s uplift of 3.4% six month annualised
Reuters report, citing PBOC source China plans to introduce lending incentives by boosting liquidity at commercial banks, according to a Reuters source. This would be in tandem with recent moves to encourage debt and equity stakes in companies and would use the PBOC’s medium-term loan facility. The Shangahi Composite bounced in the middle of this
Pacific Investment Management Company with remarks on the Chinse currency Amid fears of escalating trade tensions, the yuan’s sharp depreciation against the dollar last month has spooked some investors who see similarities with China’s currency devaluation in 2015, an episode that prompted capital outflows and roiled markets worldwide. Yet despite the similarities, differences in the
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