The dollar market recovers while the stock market recovers some of its losses, whereby releasing the pressure to buy safe trades like yen. The currency markets gained a showed some upward movement amid its correction period, whereby the dollar strength rose and the stock of Wall Street on Wednesday...

Chinese Banks produce revised interest rates, bringing it further down as stock market tumble yet again. The slump in Chinese stock market in combination with the “stuttering economy” of the nation has alarmed the analysts worldwide. Moreover, now the central-bank of China has cut further...

As the market falls, Alibaba too experiences a slower revenue growth, yet it keeps the strongest grasp on its economy amid its peers. Even though, the company of Alibaba recently sold off some of its share, the stock still remains on the costlier side. Following the initial “$25 billion” public...

Sarao, charged of guilty for “Flash crash” of 2010 does not receive any extension period whereby to get expert evidence. The market of the United States seems to be have been manipulated by a day-trader, based out of London, whereby the subject has been held accused. The manipulation supposedly...

The story of China's phenomenal sales volume of US government bonds is gaining momentum. On Thursday, the information received is almost official confirmation, but the problem is also that such moves have extremely adverse impact on liquidity. Recall that China sold more than $ 100 billion US bonds...

Ukraine, troubled with an ethnic war, avoided failing a debt repayment crisis after it reached what its finance minister called a "win-win" deal with its largest group of creditors. The deal would ease repayments on its $18 billion debt giving the debt strapped country some breathing space to try...

Figures released on Thursday indicate that the US economy grew at a faster pace in the second quarter than previously estimated. The growth in the gross domestic product touched an annualized 3.7% instead of a previously projected growth rate of an estimated 2.3%. The growth rate was even higher...

Russia is ahead of Botswana on the total value of the diamonds produced and now is holding the 1st place in the world - follows from the statistics of Kimberley Process Certification Scheme (KPCS). At the same time, Botswana still leads in the average price per carat. Russia, which has...

The recent developments in the world economy following the reported slowdown of the Chinese economy and the falling commodity prices has increased downside risks to inflation, Reuters reported the European Central Bank´s chief economist Peter Praet as saying on Tuesday. The ECB chief economists...