The weekly review and the important events for the week ending August 28

The weekly review and the important events for the week ending August 28

On Friday, the dollar fell more than 1% against the euro and yen as weak Chinese manufacturing data increased concerns over a slowdown in gl...

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Asian stocks declined on weak macroeconomic data from China

Asian stocks declined on weak macroeconomic data from China

Asian stocks finished trading in the red zone. Indices fell on weak macroeconomic data from China, which demonstrated another confirmation o...

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Oil can show a series of worst weekly falls in 3 decades

Oil can show a series of worst weekly falls in 3 decades

Oil prices are back on a downward path on Friday amid downturn in global equity markets and a sharp slowdown in Chinese industrial sector, a...

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Copper prices rebounded from six year lows

Copper prices rebounded from six year lows

On Thursday, copper prices rose for the first time in six sessions, retreating from a six-year low, as the minutes of the July meeting of th...

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European stocks have a negative trend again

European stocks have a negative trend again

European stocks continue to decline in early trading on Thursday. Investors fear of a slowdown in the world economy and are concerned about ...

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Japanese exports rose in July 7.6% while imports decreased by 3.2%

Japanese exports rose in July 7.6% while imports decreased by 3.2%

The volume of Japanese export in value terms in July 2015 increased by 7.6% compared with the same month of the previous year, according to ...

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OMV expects 25% from the Siberian gas condensate project to maintain production

OMV expects 25% from the Siberian gas condensate project to maintain production

The Austrian company - OMV wants to get a quarter of the Russian gas condensate project in Siberia to maintain production, said the head of ...

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The dollar is losing ground in the risk-free trading

The dollar is losing ground in the risk-free trading

On Tuesday, the dollar fell against a basket of major currencies, while the pound jumped after the release of positive statistics of UK infl...

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The Russian ruble may suffer from the Yuan devaluation

The Russian ruble may suffer from the Yuan devaluation

The Russian ruble and nine other emerging market currencies may be affected by the Yuan devaluation because of the close trade relations wit...

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The most important financial events planned for the week ending August 21

The most important financial events planned for the week ending August 21

Monday, August 17 Japan is to release preliminary data on economic growth in the second quarter. Switzerland is to publish data on retail ...

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Yuan is stable amid reduced concerns about further decline

Yuan is stable amid reduced concerns about further decline

On Monday, the Chinese Yuan is stable against the dollar, reducing concerns that China may continue to lower the rate of the national curren...

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Gold prices are stable on the eve of US statistics report

Gold prices are stable on the eve of US statistics report

On Friday, gold prices are stable, as investors took a wait on the eve of today's publication of a series of US economic data to get fur...

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EUR/USD is stable on the eve of the publication of Eurozone economic data

EUR/USD is stable on the eve of the publication of Eurozone economic data

On Friday, euro was little changed against the US dollar, as investors took a wait on the eve of the forthcoming publication of the report o...

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Oil futures rose on market sentiment improvement

Oil futures rose on market sentiment improvement

On Thursday, oil futures are growing for the second consecutive session, as appetite for growth dependable assets improved after the PBOC re...

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Lenovo lowered profits for this quarter and will dismiss 3200 workers

Lenovo lowered profits for this quarter and will dismiss 3200 workers

Chinese Lenovo Group Ltd announced on Thursday an impending dismissal of 10 % of office workers amid falling sales of Motorola handsets with...

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The European stocks fell sharply on the Yuan devaluation

The European stocks fell sharply on the Yuan devaluation

On Wednesday, European stocks sharply lowered, as the devaluation of the Yuan by the Chinese government continues to put pressure on the wor...

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The pound fell after the publication of UK unemployment data

The pound fell after the publication of UK unemployment data

On Wednesday, the pound fell against the dollar after data showed that wage growth in the UK slowed in July, while the unemployment rate rem...

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Euro falls on weaker German economic sentiment index

Euro falls on weaker German economic sentiment index

On Tuesday, euro fell against the dollar after data showed that German economic sentiment index unexpectedly fell this month.  EUR/USD...

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Google turns into ‘Alphabet’

Google turns into ‘Alphabet’

Google Inc (NASDAQ: GOOGL) surprisingly announced a major reconstruction of its operating structure by creating a holding company – Al...

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The Chinese economy weakens and needs special measures from the Central Bank

The Chinese economy weakens and needs special measures from the Central Bank

China seems to have the need again to take measures for stimulating the economy, after it became known about another sharp decline in sellin...

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The most important events for the week ending August 14

The most important events for the week ending August 14

On Friday, the dollar fell against other major currencies, despite the confident employment data in the US in July, as investors noted profi...

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In Japan, the stock market closed with a growth

In Japan, the stock market closed with a growth

Japan's stock market closed Friday trading with a growth by strengthening the sectors of mechanical engineering, mining and insurance. ...

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US dollar is stable against Euro and Yen

US dollar is stable against Euro and Yen

The US dollar has little changed against the euro and yen; on morning, August 7, for a euro they gave $ 1.0918 compared with $ 1.0925 at the...

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The US stock market is mixed

The US stock market is mixed

At the end of Wednesday, two of the three major US stock indexes rose on statistical data and got better than expected quarterly results of ...

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Copper is traded near six year lows

Copper is traded near six year lows

On Thursday, copper prices are traded near six-year low reached earlier in the week, as the dollar got stronger and markedly suppressed dema...

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Societe Generale got the highest profits since 2007

Societe Generale got the highest profits since 2007

The French bank Societe Generale (PARIS: SOGN) SA (SocGen, SG), the second largest in the country considering capitalization, got a net prof...

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Gold prices drop to 5.5 year lows

Gold prices drop to 5.5 year lows

On Wednesday, the gold prices went down towards 5.5-year lows, as market participants are preparing for the release of key US data later in ...

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The US dollar fell against the major currencies

The US dollar fell against the major currencies

On Tuesday, the dollar declines against other major currencies as markets await the publication of the US government report on employment in...

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Brent prices rebounded from 6-month lows

Brent prices rebounded from 6-month lows

On Tuesday, the Brent futures rebounded as investors returned to the market to find cheaper offers, after a collapse in prices by more than ...

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The European stock indices fall despite positive data

The European stock indices fall despite positive data

On Monday, European stock indices fall, despite a series of optimistic corporate earnings reports, as disappointing manufacturing data in Ch...

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