According to data collected by the SWIFT system, the participation of the Chinese currency in international financial transactions has significantly decreased over the past month. The share of transactions using the yuan decreased to 3.6%, which is 1.1% lower than in August. Earlier in July, this figure reached a historic high of 4.7%.Experts cannot yet unequivocally determine the reason for this decline, but some attribute it to the easing of pressure on the yuan exchange rate observed in the f... Leer más
The export data of Thailand for first quarter moved at its most rapid “quarterly pace” in the ... Leer más
A highly positive retail sales data for the US economy has further reaffirmed speculations that... Leer más
The economy of China further provided below-expected results of its economic indicators as the... Leer más
For the first quarter of 2017, the German economy is performing well, pushed by construction... Leer más
In a data released by the United Nations Economic and Social Survey of Asia and the Pacific earlier... Leer más
India’s inflation rate narrowed down because of lower food prices for the month of April. However, t... Leer más
The household debt of Ireland had collapsed for more than 20 times which appeared to be much apace... Leer más
ECB’s Mario Draghi and Dutch lawmakers from The Hague are now in conflict following discussions on ... Leer más
The International Monetary Fund issued a regional forecast for India this month and predicted that... Leer más
The Bitcoin attained a record high on Tuesday because of an upsurge demand for crypto-assets and... Leer más
President Trump has fired FBI Director James Comey yesterday in a sudden turn of events in the... Leer más
The common European currency tumbled on Monday from its highs due to the triumph of centrist wing... Leer más
The US economy’s long-term interest rates could be in for an upward pressure in the long haul as t... Leer más
Both imports and exports of China soared in April but were below expectations of analysts since... Leer más
Khalid Al-Falih, oil minister of Saudi Arabia showed confidence with regards to the deal to limit... Leer más
The US Labor Department has released its US job report for April, wherein it indicated that... Leer más
The central bank of Australia made some slight changes in its GDP rate and inflation projection... Leer más
The growth of annual exports in March has been sluggish as shown in the government data released on... Leer más
The MXN experienced downward pressure after trade war anxieties stemming from Trump’s tough take o... Leer más
The economy of Indonesia is anticipated to gain momentum in the first quarter because of growth in... Leer más
The Indian Rupee (INR) strengthened against the American dollar, while the masala bonds could take... Leer más
The US economy has recently recorded its slowest growth rate within a three-year period during the... Leer más
Singapore labeled as the Lion City is expected to wrap up the year reaching 1.9% growth in the... Leer más
The Securities and Exchange Commission has allowed a quadruple leverage in exchange traded funds... Leer más
Members of the financial industry are no longer expecting the Federal Reserve to push through with... Leer más
The Reserve bank of Australia kept their rates unchanged for nine succeeding months on Tuesday... Leer más
According to Steven Mnuchin, U.S Treasury Secretary, the economic growth of the United States could... Leer más
American consumer spending grew at a steady rate last month following an inflation surge, enabling... Leer más
According to Thursday’s statement from the Swedish central bank, they will limit the size of its b... Leer más
It seems that the European Central Bank is not so keen on loosening its grip on its current... Leer más
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