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’s trade balance drops to 48.11B
China
China’s trade balance dropped from 49.9B to 48.11B and did not meet the economists' predictions for a declination to 46.64B.
The Brexit influenced China's exports
Amid the global demand resuming weak and upon Britain's decision to exit from the European Union, the Chinese exports, for the month of June, dropped more than estimations.
According to Louis Lam and Raymond Yeung, the Brexit uncertainty will have an impact on China's exports, similar to the European debt crisis for the period 2011 and 2012.
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Wednesday, 13 Jul, 2016 / 12:02
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 [...]
