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Asia stocks increased which was caused by changes in U.S.-China relations. At the same time, the euro updated its lows and the ECB is going to ease monetary policy. American Trade Representative is coming to Shanghai next week to meet China’s officials. U.S. economic adviser considered it is a lovely sign. He expected China to begin buying Washington's products of agriculture. Nikkei stocks raised by 0,3%, Australian shares added 0,7% and recently hit its 12-year record.The index of Asia-Pacific stocks increased only by 0,1% while China’s blue chips gained 0,8%.
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
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