US News

Similar to a black eye on the face, it’s placing an indelible imprint. The retaliatory levies by China over U.S. commodity producers, such as soybeans, which seem to be forever. The moment such happens for the market it becomes irreversible. It’s a dread numerous farmers from North Dakota to Mississippi have recognized for as far […]

China has included more than 100 tons of gold to its stores since it continued purchasing in December, fortifying its position as one of the significant authority collectors as national banks load up on the valuable metal. The People’s Bank of China grabbed progressively gold a month ago, raising reserves to 62.64 million ounces in […]

USDCHF Price Analysis – October 8 The FX pair breaks below the horizontal zone on the level at 0.9926 but reverses again after recovering from its early selling pressure. The USDCHF was able to find buyers again around the level at 0.9908. Key Levels Resistance Levels: 1.0231, 1.0126, 1.0015 Support Levels: 0.9897, 0.9870, 0.9843 USDCHF […]

Two United States lawmakers have urged the Federal Reserve to evaluate the possibilities of creating a digital dollar currency. House of Representatives members, French Hill and Bill Foster recently sent a letter to the Federal Reserve Chairman Jerome Powell, expressing the concerns they have on the implications the US dollar would face in a likely […]

Headline: As the manufacturing segment put up a silent recuperation in September, demonstrating a level of versatility in the more extensive U.S. economy, the trade dispute keeps on negatively affecting the general business standpoint, as per new IHS Markit information. The latest Purchasing Managers’ Index (PMI) overview from IHS Markit demonstrated that U.S. Manufacturing, which […]

China plans to release a new digital currency which would bear some similarities to Facebook’s Libra coin. It would be usable across several platforms like WeChat and Alipay. In a recent interview with the Shanghai Security News on the 6th of September, the deputy director of the People’s Bank of China, Mu Changchun, stated the […]

Swiss financial regulators have signaled that Facebook’s cryptocurrency, Libra is mandated to meet up to extra requirements besides acquiring a payment system license before they can begin operations in the region. In a recent press release, the Swiss Market Supervisory Authority (FINMA) explained that the diverse services projected by Libra have created the need for […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance rose in August In the UK, house price balance registered a rise to 4.00% in August, compared to a reading of 9.00% in the prior month. US mortgage applications rose in the last week In the US, mortgage […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate unexpectedly dropped in the May-July 2019 period In the UK, the ILO unemployment rate dropped unexpectedly to a level of 3.80% in the May-July 2019 period, compared to market expectations of an unchanged reading. In the April-June 2019 […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing production unexpectedly rose in July In the UK, manufacturing production unexpectedly climbed by 0.30% on a MoM basis in July. In the prior month, manufacturing production had dropped 0.20%. UK industrial production surprisingly climbed in July In the UK, industrial […]