China has announced large-scale mitigation measures to support an economy weakened by trade disputes. The Central Bank, together with financial regulators, announced a reduction in the seven-day reverse repo rate by 10 bps to 1.4%, as well as a reduction in the mandatory reserves ratio by 50 bps. These steps will free up about 1,000 billion yuan ($138.6 billion) to boost liquidity. The new rates will take effect on May 8, and the reduction in reserves will begin on May 15.The government als... Více
China being the world's biggest importer of goods and services has big impact on global trading.... Více
The assessment for the Business PMI of New Zealand remained unchanged in January which is 54.5. An... Více
The USD was able to reclaim the majority of its losses prior to the inauguration of US... Více
The Bank of Canada’s Overnight rate target uphold the 0.50 percent as the economic outlook remains t... Více
The Australian Bureau of Statistics released an official data on Thursday showing an upsurge in... Více
Federal Reserve Chair Janet Yellen has stated that the Fed might consider implementing a Fed rate... Více
Residential property in Guangzhou climbed by 0.7 percent in December according to the report from... Více
India presented consecutive growth for less than 7 percent in the past three-quarters during... Více
The sterling pound finally increased in value after a long slump after UK PM Theresa May outlined... Více
UK Prime Minister Theresa May is scheduled to address the UK government today, wherein she is... Více
The British pound slumped to a three-month low on Tuesday influenced by the speech of Prime... Více
For the months of October to December 2016, the state of the New Zealand economy kept an optimistic... Více
The Bank of Japan economic assessment shows a positive outlook in its quarterly report on Monday.... Více
Oil prices edged higher as the dollar weaken and the expectations about Organization of the... Více
The sterling pound dropped by as much as 1.6% and has settled below $1.20 for the first time since... Více
The Federal Reserve publicized on Thursday that the planned fiscal and tax plans under Tump\s... Více
According to the official data released on Friday, the exports of world’s second biggest economy w... Více
Oil prices increased in value and has recorded its largest two-day gains within the six-week... Více
The Central Bank of Brazil reduced its Selic rate benchmark abruptly in their attempt to boost the... Více
Brexit poses no risk at all towards the UK economy, BOE’s Governor Mark Carney told the Members of P... Více
The USD weakened dramatically during the previous trading sessions while stocks surged in value... Více
The global economic forecast from World bank decreased by 0.1 percentage... Více
After the victory of Donald Trump in the U.S election two months ago, the 45th American President... Více
The World Bank has stated that Trump’s proposed tax cuts and other spending policies could p... Více
Host of the next Olympic games is expected to increase its local economic output as much as $11.2... Více
The British currency declined by 1% and fell sharply to its two-month low versus other major pairs... Více
The US dollar surged in value against the Japanese yen and remained just above 117.00 points for... Více
The benchmark for 10-year government bonds yield of Germany climbed to a three-week high on Monday.... Více
From the previous months of October to December last year recorded the highest growth on a... Více
A number of potential candidates for the top office at the Federal Reserve are hinting at... Více
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