Morgan Stanley forewarns currency traders worst to come for Dollar
The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn’t raising interest rates…
Browsing Tag
economic
Euro zone economic growth slows in quarter before UK vote to leave
Economic growth in the euro zone slowed in the second quarter as uncertainty before the British vote to leave the…
Euro zone sentiment improves in July, but EU down on Brexit
Euro zone economic sentiment improved in July, defying market expectations of a decline, but economic sentiment in…
Asia stocks settle near one-year highs on Japan stimulus
Asian stocks settled near one-year highs on Wednesday while the safe-haven yen slumped after Japan's government…
Bank of England’s Weale shifts stance after weak UK data
Bank of England policymaker Martin Weale said he saw the economic outlook differently after much…
Mitsubishi Heavy Industries launches its Egyptian subsidiary
Mitsubishi Heavy Industries, Ltd. (MHI) established on July 21 its Egyptian subsidiary MHI Technologies S.A.E (MHI…
Asian shares, dollar stay close to recent peaks
Asian shares held near nine-month highs on Monday as assurance from policymakers on the need to boost growth…
Yen hits six-week low as Japan stimulus hopes support risk sentiment
The dollar climbed to a six-week high against safe-haven yen on Thursday, as news of Japan's plans for an economic…
U.S. retail sales, industrial output data suggest strong Q2 GDP growth
U.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods,…
Yen recoups some losses, sterling firms
The yen clawed back some of this week's losses in Asian trading on Wednesday, after it sank to 2-1/2-week lows…
