Gold futures traded lower on Friday, a day after recording the strongest daily surge for the month
Rising US Treasury yields and an uptrend in the greenback exerted pressure on [...]
Trading news
China aims to minimize interest rates
China's state planner reported that the nation aims to find the necessary time for minimizing its reserve requirement ratio and interest rates.
China's NDRC to encourage bond issuance
The NDRC, China's top economic planning agency, said that it will be encouraging the private firms to raise capital via bond issuance.
Furthermore, the nation will encourage those cities having an oversupply of housing, to restructure inventory and to continue pushing with supply reforms.
Moreover, according to the state planner, China will increase investment, via an effective and efficient manner, as well as expand the level of demand.
Read More
Wednesday, 03 Aug, 2016 / 7:46
Trading news
The latest Fed and ECB statements move the currency market
Over the weekend, the Fed head has once again assured that the ultra-expansive [...]
Gold Is Consolidating After Growth
Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForex Early in the [...]
