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