Monday, 18 June 2018 Asian markets slipped on Monday as investors digested U.S.-China trade tensions. The U.S. said it will impose tariffs on $34 billion in Chinese goods beginning July 6. China quickly announced its retaliation. Oil prices slumped amid trade jitters and ahead of OPEC’s meeting later this week. Asian markets slipped on Monday…
The Federal Open Market Committee, in a statement released after its two-day policy meeting, voted 8 to 0 to increase its fed funds rate by 25 basis points to a range of between 1.75% and 2.00%, as expected. FOMC officials predicted a total of four rate increases for this year, which is up from a…
Forex Reserves of all the countries across the Globe
Wednesday, 13 June 2018 Asian markets were mixed in early Wednesday action as investors began to shift their focus from the recently concluded U.S.-North Korea summit to the conclusion of the Federal Reserve’sJune meeting later in the day. The investors will now focus their attention on upcoming central bank meetings. The Federal Reserve will end its two-day meeting…
Friday, 1 June 2018 Asian markets slipped on Friday as trade tensions returned to the spotlight after the U.S. announced tariffs on steel and aluminium imports on several of its allies would be reapplied. Trade concerns returned to the fore after the Trump administration said tariffs on steel and aluminium from Canada, Mexico and the European…