FxWirePro: Amid western sanctions Huawei chief denies spying for China
Jan 15, 2019 14:36 pm UTC| Commentary
In a rare meeting with reporters, Ren Zhengfei, the founder and the President of the Huawei corporation denied the recent allegations by several western countries that his company has been instrumental in spying for China....
Chinese government likely to lower growth target in upcoming NPC in March
Jan 15, 2019 13:46 pm UTC| Commentary
The Chinese government is likely to lower or scrape the growth target in 2019, according to market speculations, noted Commerzbank in a research report. While this will be affirmed in the National Peoples Congress in early...
Jan 15, 2019 13:44 pm UTC| Commentary
The looming vote at the UKs House of Commons, on the UK Prime Minister Theresa Mays Brexit agreement with the European Union, could provide directional cues to the pound based pairs, as client data from IG markets, which...
Global Geopolitical Series: Turkey-U.S. negotiating over Syrian Kurds after Trump’s Sunday threat
Jan 15, 2019 13:23 pm UTC| Commentary
Turkey has engaged in deeper negotiations with the United States on the future treatment of Syrian Kurds, who Turkish president Erdogan sees as a major threat after President Trump issued an unveiled economic threat...
New Zealand’s business sentiment rebounds slightly in Q4 2018
Jan 15, 2019 11:57 am UTC| Commentary
New Zealands business sentiment rebounds slightly in the fourth quarter, although sentiment stays at comparatively low levels. The headline business sentiment index rose to -18 in the December quarter from -28 in the prior...
FxWirePro: Bulls likely to push euro higher in short-term
Jan 15, 2019 11:55 am UTC| Commentary
The single currency is down this week, and today heading lower after dismal German data showing that growth rate declined to lowest in five years. The data from Federal Statistics office showed that GDP grew by 1.8 percent...
U.S. Treasuries rise ahead of December trade balance, PPI data; FOMC speeches also eyed
Jan 15, 2019 10:38 am UTC| Commentary Economy
The U.S. Treasuries rose during late afternoon session Tuesday, ahead of the countrys trade balance and producer price index (PPI) data for the month of December, scheduled to be released today by 13:30GMT. Also, FOMC...