Евгения Корнейчук

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Evgeniya is an expert working with VIP clients. She helps traders master different market tools. Eugene knows what assets will bring the highest profit to the trader in a short time.
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Evgeniya Korneychuk has been consulting clients for over ten years.

Australian employment rate outpaces forecasts, analysts throw in the towel on February rate cut
23.01.2020

Australian employment rate outpaces forecasts, analysts throw in the towel on February rate cut Australian employment outpaced forecasts for a second month in December pushing the unemployment rate to a nine-month low – a much-needed statistic for analysts that speculated a near-term cut in interest rates. The Aussie Dollar climbed 0.47% to $0.6874 as the […]

Indonesia central bank to continue accommodative policy to boost monetary growth
22.01.2020

Indonesia central bank to continue accommodative policy to boost monetary growth Indonesia’s central bank plans to maintain its accommodative monetary policy this year to support economic growth, said Bank Indonesia Governor Perry Warjiyo on Wednesday. “All Bank Indonesia’s policy instruments are focused on keeping and strengthening the economic growth momentum,” Warjiyo told a news conference. […]

Argentina swaps $1.66 billion Treasury bills to push back debt repayment
21.01.2020

Argentinian economy ministry said that it exchanged 99.6 billion pesos ($1.66 billion) Treasury bills in a debt swap auction to postpone its repayment schedule amid an economic crisis. The ministry conducted an auction for two new peso-denominated bills to holders of five older instruments, with which the government has near-term repayments in February adding up […]

Oil prices rise as Libya shuts down crude production
21.01.2020

Oil prices rise as Libya shuts down crude production Oil prices soar to its highest in more than a week on Monday after Libya began halting operations on two of its major production bases through military blockades, potentially reducing national output to a fraction.   Brent crude went up by 0.5% to $65.20 after having […]

China will boost purchase of US imports according to ‘market principles’
20.01.2020

China will push negotiations with American companies in raising US importation of goods and products with consideration to market principles, said an official with state planner. Spokesperson for the Chinese National Development and Reform Commission (NDRC) Meng Wei said at a press con that the US has high quality supply of energy, agricultural products, financial […]

Oil price hikes as Libyan oilfields shutdown trickles production
20.01.2020

Oil prices hiked as two major crude production in Libya shut down due to a military blockade, causing oil flow to slow down. Brent crude LCOc1 futures rose 1.25%, or 75 cents, at $65.60 by 0109 GMT, earlier rising to $66.00 a barrel, its highest since Jan. 9. West Texas Intermediate CLcl contract rose 1%, […]

European car sales recover 21.4% in December
16.01.2020

European car sales recovered for the fourth straight month, raised by higher demands of premium and volume cars, ACEA said. New car registrations climbed 21.4%, or 1,261,742 vehicles in the EU and EFTA countries in December, statistics showed. The rise was partially caused by a low base of comparison with December 2018, when anti-emission laws […]

Toyota to invest $394 million in air-taxi startup
16.01.2020

Toyota to invest $394 million in air-taxi startup Japan-based Toyota Motor Corp is investing $394 million in Joby Aviation, a U.S.-based air-taxi startup. The startup has reportedly spent the last ten years designing an electric air-taxi prototype. Toyota is the lead investor in Joby’s Series C funding costing up to $590 million, according to Bloomberg. […]

China adds $58 billion into banking system as Lunar New Year draws near
15.01.2020

China adds $58 billion into banking system as Lunar New Year draws near China added liquidity to the financial system on Wednesday in attempts to offset a money shortage ahead of the Lunar New Year holiday. Interest rates on the loans were left unchanged. The People’s Bank of China added 300 billion Yuan ($44 billion) […]

Oil inches down on concern that Sino-US trade pact may not stimulate demands
15.01.2020

SINGAPORE-Oil prices retreated on Wednesday brought heavily by emerging concern that the ‘phase one’ of the Sino-US trade deal may not promote demands.  Such was from the decision of the US to retain rounds of tariffs on Chinese products.                 On a statement last Tuesday, US Treasury Secretary Steven Mnuchin said that the imposed tariffs […]

China’s December exports beat forecast as trade war eases
14.01.2020

Chinese exports climbed 7.6% in December compared to a year earlier, as shown by customs data on Tuesday. The recovery in export demands was attributed to the preliminary trade deal agreed upon by China and United States, as further de-escalation of the longstanding tariff war is expected. The recovery was the first since July 2019 […]

Oil prices sink deeper as Mideast tensions ease
10.01.2020

TOKYO-Oil prices continued its underperformance as the possibility of war in Middle East abated and investors focused on economic growth together with increase in US crude oil and output inventories. Brent crude oil LCOc1 decreased by 20 cents, equivalent to 0.3% at $65.17 by 0240 GMT. Such is expected to hit its first setback in […]

Asian shares recover as Mideast tension alleviates, oil soars
09.01.2020

SINGAPORE- Asian stocks bounced from inactivity on Thursday and oil prices inched higher as the United States and Iran both signaled resolution rather than to pursue further conflict. US President Donald Trump released a sanction overnight as retaliation to Iran’s recent attack against US troops. Iran remained silent and had given no indications of further […]

Oil climbs as Iran launches strike on US troops, market uneasy
08.01.2020

Oil prices peaked in months after Iran attacked American troops on US bases in Iraq on the early hours of Wednesday. The missile attack was Iran’s response to the killing of its major general Qasem Soleimani, sparking a growing conflict and sending oil supplies into turmoil. But oil prices cooled down after the initial heat […]

Trump declares threat on Iranian cultural sites, warns of US ‘major retaliation’
06.01.2020

U.S. President Donald Trump declared threats of attacking Iran’s cultural sites as the U.S. warns of “major retaliation” once Iran strikes back after the killing of one of its major generals, Qasem Soleimani. In Trump’s interview with reporters on Air Force One, the U.S. President raised threats of sanctions on Iraq as the Iraqi Parliament […]

Oil prices hike up on Middle East crisis and trade optimism
03.01.2020

NEW YORK- Oil value increased on Thursday brought by emerging tensions in the Middle East and upbeat signals of US-China trade relations. However, secured dollar performance capped price earnings. Brent crude futures LCOc1 acquired 25 cents, equivalent to $66.25 per barrel while US West Texas Intermediate (WTI) crude CLc1 raked in 12 cents or $61.18. […]

Tim Hortons president Alex Macedo to step down next year
30.12.2019

Tim Hortons president Alex Macedo to step down next year Alex Macedo, president of coffee and breakfast chain Tim Hortons will be stepping down from his position after two years of the role, according to Restaurant Brands International Inc (RBII) on Friday. Macedo said in a regulatory filing that he will be leaving the company […]

Amazon caps biggest holiday season sales ever
27.12.2019

The U.S. economic growth seems to be still alive and kicking (despite major setbacks highlighted by the trade dispute against China) as Amazon posts a record-breaking holiday season sales thus far. Amazon reported its top-sellers this holiday season included the Echo Dot, Fire TV Stick and Echo Show 5.  Amazon’s third-party products helped to its […]

China to trim import tariffs on some products next year
23.12.2019

China is set to trim down import tariffs on some goods including frozen pork, avocado, and semiconductors beginning January 1, 2020, according to the finance ministry as China bids to beef up imports amid slow economic growth and a trade dispute with the United States. The temporary import tariffs are relatively lower than the most-favored-nation […]

Oil prices inch down but fast approaching Sino-US trade deal curbs losses
23.12.2019

TOKYO- Oil was marginally lower on Monday but did not stray far from its latest three-month peak. Upbeat activity was brought by positive headlines on United States and China’s possibility of signing the trade pact soon as US President Donald Trump said that the pact would be signed “very shortly”.                 Brent crude oil declined […]

Oil prices maintain momentum, head for three-month high on trade deal progress
20.12.2019

Oil prices retained its positive performance as it drew nearer to achieving its three-month peak on Friday with upbeat weekly rise. Such positive performance was mainly from cooling tensions between Washington and Beijing’s trade truce that previously impacted demand and dragged global economic growth. Brent futures LCOc1 clocked in 5 cents, equivalent to 0.08% to […]

Economists boost China outlook on easing trade tensions
20.12.2019

Economists boost China outlook on easing trade tensions China’s economic growth will show at 5.9% in 2020, according to analysts and traders. The forecast comes as easing trade tensions and the prospect of lower bank borrowing costs had boosted confidence. This comes as an upgrade from the November’s forecast of 5.8%, before the U.S. and […]

Dollar rallies on Trump impeachment, Aussie follows trend on strong jobs record
19.12.2019

SYDNEY-US greenback rode smoothly on US President Donald Trump’s impeachment headlines as Australian peer recuperated from sharp fall due to country’s unemployment percentage. The British pound GBP=D3 was pressed by reemerging issues of Brexit as it was last quoted $1.3083 after sharp turn of 2% in consecutive days. Greenback traders remained optimistic following a landslide […]

U.S. Dollar slips on Trump’s impeachment news
19.12.2019

U.S. Dollar falls on Trump’s impeachment news The U.S. Dollar dropped on Thursday in Asia after the U.S. House of Representatives voted to impeach Republican U.S. President Donald Trump for abuse of power and obstruction of Congress. The U.S. Dollar index slipped 0.1% to 96.925 by 11:30 PM ET (03:30 GMT). Trump is the third […]

Amazon boycotts FedEx as delivery method for selected Prime shipments
17.12.2019

Amazon.com Inc (AMZN.O) blocked sellers from using FedEx Corp in handling Prime shipments as the company prioritized rapid delivery deadlines this holiday season. FedEx representative stated that the scheme will only impact minimum number of sellers but “limits the options for those small businesses on some of the highest-demand shipping days in history.” Amazon and […]

EUR/USD pressured by trade uncertainty
11.12.2019

The currency pair, EUR/USD is trading beneath 1.11; it is consolidating its gains. Such has happened as there is tension borne out of the uncertainty regarding the U.S. tariffs being planned to be placed on China. Pressure is also being felt as U.S. inflation is rearing its ugly head alongside the all-important Fed decision. While […]

Tighter election poll makes GBP/USD pair apprehensive, consolidates losses around 1.3150
11.12.2019

At present, the GBP/USD is trading below 1.3150. It has consolidated its losses after British polls revealed that the Conservative are in the lead for UK elections. Here are the important figures: POUND RATESGBP/USD 1.31 50 1/ 51 1-0.00384 (-0.29%)EUR/GBP 0.84 24 3/ 25 40.00126 (0.15%)GBP/JPY 142.94 70 0/ 20 0-0.49850 (-0.35%) Technical Analysis of […]

Japanese stocks suffer from anxiety brought by US tariffs implementation
10.12.2019

TOKYO-Japanese shares inched down on Tuesday brought by threats of US tariffs on Chinese imports despite developments and positive commentary from Washington and Beijing’s trade talks. The Nikkei index plummeted down 0.18% to 23,388.92 at exactly 0157 GMT, as industrial and consumer discretionary sectors topped the decliner board. Both Washington and Beijing remained diplomatic as […]

GBP/USD on 7-month highs; Tories on the lead
09.12.2019

The GBP/USD pair stands strong, as it retraces from the new seven-month highs of 1.3180. This came after polls revealed the Conservatives’ lead. Cable had reportedly dropped last Friday in the middle of positive U.S. data. Bulls can be kept happy in light of October highs near 1.3013 being the target and highs marked in […]

EU finance ministers agree Facebook’s Libra too risky
06.12.2019

EU finance ministers agreed that Facebook’s Libra and other private digital currencies should not be allowed in the European Union unless the risks they pose are finally addressed. This confirms EU’s tough criticism of Libra, which was announced in June and has since been the talk of global regulators due to its possible impact on […]

Nissan to halt operations for two days in US unit next month
06.12.2019

Japanese automaker Nissan Motor Co announced a two-day operations halt for its US unit next month, as the automaker alleviates the drop in profitability in the US. Nissan’s overall profits fell sharply this current fiscal year, affected by dropping sales in US and China as well as a stronger yen in the foreign exchange market. […]

Caltex Australia elicits higher bid by working with Canadian suitor
05.12.2019

MELBOURNE- Caltex Australia’s top executives disclosed on Thursday their plan of coordinating with a Canadian suitor in high hopes of acquiring larger takeover offer. Such followed after the petrol pump and convenience store operator rejected suitor’s A$8.61 billion offer. Caltex Australia dismissed a takeover proposal by Canadian convenience store operator Alimentation Couche-Tard Inc as it […]

Nintendo Switch to launch in China
05.12.2019

Nintendo is launching Switch in China as it joins forces with Tencent. However, Switch will have a tough road ahead as it faces gaming mobile phones as its competition. On Wednesday, Nintendo, in partnership with Tencent, announced that the Switch will be available in China starting December 10 at 2,099 yuan ($297).  Nintendo Switch will […]

Nintendo to officially launch Switch gaming console in China
04.12.2019

Japan’s Nintendo Co will officially launch its Switch gaming console in mainland China for the price of 2,099 yuan or $298. The launch is set on Dec. 10 in partnership with Tencent Holdings Ltd., a Chinese internet-based platform company and the world’s biggest gaming company. A few days ahead of the launch, pre-orders have begun […]

Nikkei underperforms due to concerns of extended trade dispute
04.12.2019

TOKYO- Japan’s Nikkei recorded lowest data in two weeks on Wednesday as market anxiety pressed due to US President Donald Trump’s remarks, while firmer yen dampened investors’ appetite. The Nikkei 225 index shed a total of 1.24% to 23, 089.21 as it tailed under its 25-day moving average of 23,253. “In some ways, I like […]

Thai shippers cut 2019 export forecast to fall 2.5%-3.0%
03.12.2019

Thai shippers cut 2019 export forecast to fall 2.5%-3.0% Thailand’s shipping association on Tuesday lowered its 2019 export forecast for the year’s fifth time. With a forecasting drop of 2.5% and 3.0%, the prediction was made due to global trade tensions and a strong local currency. In October, the association forecasted an export decline of […]

Japan stocks hit highest level in a month on positive Chinese data
02.12.2019

TOKYO- Japanese shares soared on Monday with most gains in a month following data disclosure that China’s factory activity and domestic demand recuperated, relieving worries about the health of world’s second-largest economy.   At 0150 GMT, the Nikkei index hit 1.02% to 25,531.85, brought heavily by industrial and consumer discretionary sectors’ earnings. The index reached […]

Oil prices steady on quiet Thanksgiving trade and next week’s OPEC+ meet
29.11.2019

Oil prices were steady on Friday, with the US Thanksgiving holiday coming. Meanwhile, investors anticipate the OPEC meeting set to be on the first week of December as possibilities of extending the production cut may arise. Brent crude LCOcl dropped 5 cents, at $63.82 a barrel by 0103 GMT. It initially dropped 0.3% on Thursday. […]

Peru speeds up $29 billion infrastructure spending
29.11.2019

Peru is set to cut excessive regulation on the $29 billion fund for infrastructure that is aimed at reviving the economy and inducing public investment, according to Peru’s economy ministry. The move is dedicated to speed up the construction on 52 “large-scale, public service-oriented projects, whose completion will reduce the infrastructure gap, as well as […]

Britain’s business services down, weakest in 8 years
28.11.2019

Profits from professional and business services firms in the UK fell the lowest since 2011 for a second quarter running as businesses are also cutting down on investments, according to the Confederation of British Industry (CBI). CBI surveys have consistently showed a pessimistic outlook of the British economy as businesses face political uncertainties caused by […]

Apollo Global raises offer to $6 billion in Tech Data private deal
28.11.2019

Apollo Global Management raises its offer to $6 billion to take over Tech Data private, according to the US information technology equipment distributor. The offered deal is worth $5.14 billion excluding debt, higher than Apollo’s previous offer of $4.77 billion. Tech Data shareholders will now receive $145 per share, compared to the initial $130 per […]

HP Inc reports higher PC sales, beats profit estimates
27.11.2019

HP Inc reported its quarterly earnings, beating analyst estimates. Higher sales in personal computers and workstations countered the low sales of its printer business. Revenue from HP’s personal systems unit rose 3.6%, or $10.43 billion in the fourth quarter, beating analyst estimates of $10.29 billion. HP is the second largest PC maker after Lenovo Group […]

Asian shares gain stable ground as mood favors trade
25.11.2019

Asian shares gain stable ground as mood favors trade Asian shares gained stable ground on Monday as Investors placed hopes for some progress on the Sino-U.S trade dispute. U.S. national security adviser Robert O’Brien said On Saturday that an initial trade agreement with China is still possible by the end of the year. However, he […]

Energy, mining sectors boost Australian shares up; NZ plunges
22.11.2019

Nov. 22 Australian shares recorded a well-ended session on Friday enforced by gains in energy and mining stocks. However, worries dragged financial sector down following Goldman Sachs’ decision of cutting its target price on Westpac. Such met a lawsuit over financial violation. The S&P/ASX 200 index inched higher with 0.6% at 6,709.80 while recording its […]

NIKKEI HITS 3-WEEK LOW DUE TO US-CHINA TRADE TRUCE; TECH STOCKS INCH DOWN
21.11.2019

TOKYO, Nov 21 – Japanese stocks suffered in three consecutive weeks as reemerging concerns about Sino-US trade pact signing and recently passed US legislation on Hong Kong directly impacted market condition. Nikkei shares shed 1.2% to 22,872.03, recording its lowest point since Nov. 1.as it was potentially set to hit its worst drop in seven […]

TYRO PAYMENTS TO RAISE $173 MILLION FOR AUSTRALIAN IPO
18.11.2019

Australian financial institution, Tyro Payments released a prospectus on Monday planning to raise A$252.7 million ($173.23 million) for domestic initial public offering (IPO). Tyro’s scheme will push through even though six listings were previously declined last October. This came after investors demand lower prices to arm against the probability of post-float losses. The firm expressed […]

GERMANY’S 2020 BUDGET TO INCREASE BY 1.1%
15.11.2019

BERLIN-Germany’s annual federal budget for 2020 will increase to an estimated 362 billion euros, according to a draft submitted by a parliament committee on Friday. This presented a total of 1.1% rise and an indication of a balanced budget. The drafted amount worth 1.7 Billion Euros is higher than the amount proposed by Finance Minister […]

Japanese economy slows to a near-halt as trade tensions pile
14.11.2019

Japanese economy slows to a near-halt as trade tensions pile Japan’s economy slowed to a near-halt in the third quarter. This was due to the continous fall of exports amid trade tensions whilst a shopping splurge before a sales tax increase ran down stockpiles of goods. Prime Minister Shinzo Abe has been mulling over the […]

German economy eludes third quarter recession with 0.1% expansion
14.11.2019

The German economy eluded recession in third quarter, saved by strong consumer spending that raised the output by 0.1% quarter-on-quarter. It withstood anticipations of a contraction, as shown by data released on Thursday. Europe’s largest economy expanded its gross domestic product by 0.5% from July to September, following a 0.3% raise from April to June. […]

EU Commission plans new rules for bank capital as part of reform
12.11.2019

The EU Commission planned to propose new rules on bank capital within the European Union by June, according to the EU finance commissioner. The idea is to introduce a reform that was globally agreed on two years ago. The new rules named Basel III, which was also agreed with the United States, tells that an […]

Alibaba hit $23 billion sales in first nine hours of its annual Singles’ Day
11.11.2019

Alibaba Group Holding Inc. reported sales of 158.31 billion yuan ($22.63 billion) for the first nine hours of its annual Singles’ Day shopping festival. The sales were 25%, or 126.72 billion yuan higher than the previous year. The annual Singles’ Day is likened to the United States’ Black Friday and Cyber Monday sales, and has […]

NIKKEI AT 13 MONTH HIGH AS CYCLICALS STEADY
08.11.2019

TOKYO-Japan’s stock index reached 13-month high record last Friday brought by economic optimism. This followed after months of inactivity over conflicting data about Sino-US trade deal progress. The Nikkei rallied up to 0.26% at 23,391.87 after its highest record of 23, 591.09 on Oct. 10 back in 2018. Its weekly session tallied a 2.37% gain […]

Asia stocks hang in balance as doubts on trade talks resurface
07.11.2019

Asian stocks paused near multi-month peaks while bonds squeezed out a bounce as delays to seal a preliminary China-U.S. trade were reported. The uncertainty has left investors frustrated with the slow progress and lack of concrete actions. The updates in early European trades are as follows: London’s FTSE futures climbed 0.2%, Euro Stoxx futures were […]

Foreign holdings of China equities reaches a record high
07.11.2019

Foreign holdings of China equities reaches a record high Foreign holdings of Chinese stocks soared to a record high in the end of the third quarter despite trade disputes with the United States. By late September, Chinese equities held by foreigners amounted to a record of 1.77 trillion Yuan ($253.14 billion) after maintain a steady […]

GoDaddy posts 12 percent revenue, bids for $500 million share buyback
07.11.2019

GoDaddy Inc announced on Wednesday it share buyback amounting to $500 million, its biggest thus far, including a reported increase in quarterly revenue of about 12%. The company posted profit markers as it attracted more users, thus earning more and boosting its shares by 10% in extended trading. GoDaddy is a web hosting company that […]

Stocks plummet as investors await trade war’s next move
06.11.2019

Stocks plummet as investors await trade war’s next move Stocks plummeted in the Asian markets on Wednesday for the first time after three trading sessions as investors anxiously awaited new developments in the ongoing U.S.-China trade war. Treasury yields and crude oil futures also fell slightly as investors sat back anticipating results as U.S. and […]

Corbyn, Labour, and the December Election
04.11.2019

Seen as volatile by political analysts, the electorate is in question regarding the upcoming election on December 12th. Reeling after the Brexit impasse, the Labour Party is split, with a number of them seeing that their only chance of remaining afloat is going to the polls. Labour Opposition leader, Jeremy Corbyn is seen as effective […]

Japanese government bonds retain gains after BOJ sticks to its monetary policy
31.10.2019

Japanese government bonds retain gains after BOJ sticks to its monetary policy Japanese government bond prices steadied toward gains on Thursday following the Bank of Japan’s (BOJ) decision to stick to its policy targets and tweak its forward policy outlook. The gains had also benefitted from a rally in U.S. bonds after a Federal Reserve […]

Hong Kong’s Suncity unveils plans to operate Philippine’s casino-resort
29.10.2019

Hong Kong’s Suncity unveils plans to operate Philippine’s casino-resort Hong Kong’s Suncity Group Holdings Ltd unveiled plans on Tuesday to enter the fast-growing gambling market in the Philippines along with a deal to operate a casino and resort in the country’s version of the Las Vegas strip. The deal marks Suncity’s first step in tapping […]

Weak sales to China contracts South Korea’s October exports
29.10.2019

Weak sales to China contracts South Korea’s October exports South Korea’s exports likely contracted in October, falling for an 11th straight month. This was pressured by weak sales to China and a sluggish global demand for semiconductors. However, economists expect the decline to wear out as favorable base effects would likely kick in starting from […]

Oil prices slide despite easing Sino-U.S. trade tensions
28.10.2019

Oil prices slide despite easing Sino-U.S. trade tensions Oil prices slid down on Monday in Asia despite easing Sino-U.S. trade tensions. China’s Office of the U.S. Trade Representative (USTR) said on Friday that Beijing and Washington were close to signing a partial trade deal. “They made headway on specific issues and the two sides are […]

Glencore to trim copper and zinc production targets
25.10.2019

Glencore to trim copper and zinc production targets Glencore PLC said that it would produce slightly less copper and zinc in the year than initially planned. The world’s biggest commodity trader has trimmed their production targets from 1.025 million tons to 1.01 million tons of copper from its non-African business. It will also aim, to […]

Sweden opened for 100-year bonds amid ongoing review
24.10.2019

Sweden opened for 100-year bonds amid ongoing review Sweden’s debt office is looking into the option of issuing bonds as long as 100 years according to its director general, Hans Lindblad. However, the office wants more time to research the subject before making its decision. The comments follow an announcement by the Stockholm-based office that […]

Brexit limbo pauses British Pound
24.10.2019

Brexit limbo pauses British Pound The British Pound stabilized on Thursday as Brexit enters a fresh holding pattern. Sterling held at $1.2911 after Britain’s parliament backed a withdrawal deal while European Union members delayed deciding whether to grant a three-month extension to the October 31st leaving date. The Pound has soared 6% in its 2-week, […]

TD Securities: Brexit developments, quiet
24.10.2019

The Analysts at TD Securities, Brexit developments today may be relatively quiet. This is in light of EU’s decision on Article 50’s extension due on Friday, Monday even, at an emergency summit–that is, if things go unpleasant. According to an Analyst, “France and a few other small countries are reportedly the hold-outs as they would […]

Tesla makes surprise profit figures
24.10.2019

Tesla makes surprise profit figures Tesla made a surprise profit markers as it posted $342 million. Wall Street had expected the company would yield negative figures amounting to $257 million. After the trading hours, Tesla’s shares moved up by 20%. In the second half of the year 2018, Tesla posted back-to-back profits. But since the […]

Wall Street slams WWE as its annual shares plummet
24.10.2019

Wall Street slams WWE as its annual shares plummet World Wrestling Entertainment’s (WWE) shares struggled this year and Wall Street might kick them out of the markets. WWE must be capitalizing on its new TV deals with Fox and Comcast that financially benefit the company. However, the stock is 10% down this year and more […]

Kazakhstan’s Kashagan oil output falls due to unplanned maintenance
16.10.2019

Kazakhstan’s Kashagan oil output falls due to unplanned maintenance Production of oil and gas condensate at Kazakhstan as its Kashagan project decreased due to unplanned maintenance according to the energy ministry. While it declined to elaborate, two industry sources said that daily production at Kashagan had fallen from 365,000 barrels to 294,000 barrels on average […]

South Africa is working to attract private investors; Ramaphosa says
14.10.2019

South Africa is working to attract private investors; Ramaphosa says South African President Cyril Ramaphosa told the Financial Times Africa Summit that the country was working to restore its institutions and secure private investment in order to grow the economy. Ramaphosa, whose nation is struggling to gain momentum for economic growth, also said that they […]

U.S. futures flat ahead trade talks
10.10.2019

U.S. futures flat ahead trade talks U.S. futures were flat on Thursday as investors remained cautious from mixed signals ahead of trade talks between the U.S. and China. The South China Morning Post reported that no progress has been made in deputy-level trade talks on Thursday, saying it will only last a day instead of […]

Zimbabwe hikes electricity prices, affecting impoverished consumers
09.10.2019

Zimbabwe hikes electricity prices, affecting impoverished consumers Zimbabwe hiked its average electricity tariff by 320% on Wednesday in attempts to ramp up power supplies at a time of daily blackouts. However, the move has angered consumers already grappling with soaring inflation that is eroding their earnings. The southern African nation is experiencing its worst economic […]

Market sentiment fragile as U.S.-China talks and Brexit deals fade hopes
09.10.2019

Market sentiment fragile as U.S.-China talks and Brexit deals fade hopes European stocks steadied on Wednesday but market sentiment remained fragile as negotiations for a Brexit withdrawal deal seemed all but dead. The sentiment carried on in addition of the U.S.-China trade dispute. Markets mostly blame their sentiment on concerns that the U.S.-China conflict over […]

Crypto trading spikes in Hong Kong amid protests
03.10.2019

Crypto trading spikes in Hong Kong amid protests Bitcoin, as well as other significant cryptocurrencies, traded slightly higher on Thursday in Asia. According to data, trading in digital coins spiked mostly in Hong Kong. Economists suggest that the reason for this is that traders may be seeking potential alternatives amid ongoing political unrest that rocked […]

Japanese Govt. Bonds slips as investors wager on steepening yield curve
30.09.2019

Japanese Govt. Bonds slips as investors wager on steepening yield curve Japanese government bond prices slipped on Monday as investors wagered that the Bank of Japan could adjust its policy to steepen the yield curve next month to address the side-effects of negative interest rates. BOJ Governor Haruhiko Kuroda said that if the bank were […]

Dollar holds its own as investors seek shelter
30.09.2019

Dollar holds its own as investors seek shelter The U.S. Dollar found broad support on Monday as global political uncertainty and fears over a widening of the Sino-U.S. trade war kept investors in safe havens. The Dollar was backed ahead of a slew of global economic indicators during the week. The Greenback was steady against […]

Brexit could commence without a deal, Sajid Javid says
30.09.2019

Brexit could commence without a deal, Sajid Javid says The United Kingdom would be able to leave the European Union on October 31st without a deal despite laws demanding a Brexit delay from the Prime Minister if there was no agreement. This is what Finance Minister Sajid Javid had said on Monday.   When asked […]

Sibanye-Stilwater to cut over 5,000 jobs in Marikana restructuring
25.09.2019

Sibanye-Stilwater to cut over 5,000 jobs in Marikana restructuring South African miner, Sibanye-Stilwater said on Wednesday that it could cut around 5,270 jobs in order to restructure its loss-making Marikana mine. Sibanye said that the aim of the restructuring is to return the mine to profit and ensure the sustainability of its remaining shafts. The […]

German manufacturing shrinks amid Brexit and global trade disputes
24.09.2019

The Eurozone came close to stalling in September after global trade disputes and the threat of a no-deal Brexit triggered the fastest fall in manufacturing output in nearly seven years. Germany was the main cause of the slowdown following a survey of private sector activity. It had shown that the growing threat to international trade […]

Cryptocurrencies fall after the lackluster launch of a futures contract
24.09.2019

Bitcoin and other major cryptocurrencies fell in Asia after a lackluster launch of the Bitcoin futures contract. Bitcoin lost 2.6% to $9,733.7 by 1:20 AM ET (05:20 GMT). The digital coin climbed higher earlier in the day following the official launch of Bakkt’s much-anticipated Bitcoin futures. However, while the launch was considered a “significant milestone” […]

U.S.-Japan trade deal hits last-minute setback on auto tariffs
24.09.2019

A U.S.-Japan trade deal hit a last-minute setback as Tokyo officials sought assurances that the Trump administration will not impose national security tariffs on Japanese-built cars and auto parts, sources familiar with the talks said on Monday. U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe have been aiming to sign a trade deal […]

Oman not in talks with Gulf countries for Financial Aid
23.09.2019

Oman not in talks with Gulf countries for Financial Aid Oman was not present in discussions among the Gulf countries for any aid package, an official said, despite a large fiscal deficit and the expectation of a slowdown in economic growth in the year. “Not from our side. I have not discussed anything,” Tahir Al […]

Blackstone to buy five hotels in Greek islands
20.09.2019

Blackstone to buy five hotels in Greek islands Blackstone Real Estate Partners Europe, a unit of U.S. private equity firm Blackstone Group, agreed to buy five hotels in Greece from Louis Group in a deal valued at 178.6 million euros ($197 million), the firm said on Friday. Greece has seen an upsurge in tourism in […]

India gives companies $20.5 billion tax break to attempt growth revival
20.09.2019

India gives companies $20.5 billion tax break to try to revive growth India’s government slashed corporate taxes giving a surprise $20.5 billion break at reviving private investments and lifting growth from a six-year low that has caused job losses and fueled discontent in the countryside. Finance Minister Nirmala Sitharaman had told reporters the effective corporate […]

Bank recovery lifts European stocks higher
19.09.2019

Bank recovery lifts European stocks higher A rally in bank stocks for the first time in four sessions lifted European shares on Thursday after the U.S. Federal Reserve cut interest rates but set a higher bar for further reductions. European banks rose the highest among major sectors, which benefitted from investors rotating into underperforming stocks. […]

Ireland finds no breakthroughs with UK’s Brexit proposals
19.09.2019

Ireland said on Thursday that the United Kingdom had failed to supply credible Brexit proposals, adding that there had been no breakthrough at talks with the Northern Irish party siding with Prime Minister Boris Johnson’s government. “We need to get credible proposals that we simply haven’t seen yet,” Irish Foreign Minister Simon Coveny said, adding […]

Dollar sits at seven-week high vs Yen ahead of Fed meeting
18.09.2019

Dollar sits at seven-week high vs Yen ahead of Fed meeting The dollar held near a seven-week high against the Japanese yen on Wednesday before the outcome of a Federal Reserve meeting where officials are widely expected to cut interest rates by a quarter of a percentage point. “The focus will be on the policy […]

Japan sought reconfirmation from US for no additional tariffs on auto exports
17.09.2019

Japan sought reconfirmation from US for no additional tariffs on auto exports Japan plans to reconfirm that Washington would not impose additional tariffs on Japanese automobiles and auto parts, Foreign Minister Toshimitsu Motegi said on Tuesday after the final stages of trade talks with the United States. U.S. President Donald Trump said on Monday that […]

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