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 Japanese yen dropped in leveraged funds selling after the Bank of Japan announced that it will... Leer más
On Monday, the Federal Reserve Chair Janet Yellen spoke to the graduates of the University of... Leer más
The Italian government waiting for parliamentary approval to borrow as much as 20 billion Euro... Leer más
The highly-regarded business climate index of the Germany published its data which showed an upbeat... Leer más
Oil prices ended up at nearly $52 barrels per day after investors shifted their focus to the... Leer más
The Malaysian Ringgit has reached its lowest in the midst of strong dollar and weakened economy... Leer más
The U.S housing market dropped in November, however, its level is still in a stable condition which... Leer más
The depreciation of yen is beneficial for companies as it attracts more investments giving higher... Leer más
The unemployment rate in UK had marginally declined to 1.62 million from August until October, as... Leer más
The USD surged to its highest levels in almost two weeks after the FOMC finally decided to... Leer más
The USD had a somewhat muted trading session since traders are now closely monitoring Federal... Leer más
The tension in British households has lessen since May 2015, as most focus on increase in inflation... Leer más
The economic sentiment for Germany remained constant for this month as it was supported by a... Leer más
Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Leer más
Simon William English or also known as Bill English is the new New Zealand Prime Minister as... Leer más
The annual inflation rate in November reduced to its lowest level since latter 2014. The reports... Leer más
The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Leer más
European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Leer más
The market was left in a state of general confusion after the European Central Bank publicized its... Leer más
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Leer más
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