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economy

china-uk

London Wants to Become the Center of Chinese Currency Trading

20/10/2015(0)
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had ... Read More
shanghai stock exchange

China’s stock market is on fire. That’s not a typo

20/10/2015(0)
China’s stock market is in the midst of a reverse Isaac Newton moment. What goes down, must come back up. Way up actually. The Shanghai Composite has soared 11% so far ... Read More
China-UK-trade-deal

What does China own in the UK?

20/10/2015(0)
China may be the world’s second-largest economy behind the US, but it has more money in the bank than any other country. Indeed three of the world’s 10 biggest ... Read More
us-stocks

U.S. Stocks Steady, Despite Pressure From Lower Oil Prices

20/10/2015(0)
Energy shares tumble on concerns about higher production in Iran, China’s economy U.S. stocks edged higher Monday, though a slump in energy shares kept a lid on the gains. ... Read More
China-UK-trade-deal

UK ‘needs Chinese investment’, ambassador says

19/10/2015(0)
China‘s ambassador to the UK has said that the “UK needs Chinese investment”. Liu Xiaoming was speaking on BBC1’s Andrew Marr Show the day before the start of President ... Read More
Economy

The Numbers Say That A Major Global Recession Has Already Begun

14/10/2015(0)
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”.  According to British banking giant HSBC, global ... Read More
eurozone

The Eurozone Crisis: Crystalizing the Narrative

13/10/2015(0)
The economy of the eurozone makes the US economy look like a picture of robust health by comparison. Richard Baldwin and Francesco Giavazzi have edited The Eurozone CrisisA Consensus ... Read More
Mario Draghi - ECB

Talk Is Cheap for Euro as QE’s Diminishing Returns Thwart Draghi

13/10/2015(0)
ECB chief reiterates willingness to ease, yet currency gains Debatable whether more stimulus can weaken euro: Investec Traders are losing their faith in Mario Draghi’s ability to weaken the euro. ... Read More
volkswagen--germany

German Exports Slump Most Since 2009 Recession in Sign of Risks

08/10/2015(0)
Foreign sales fall 5.2% in August versus estimated 0.9% drop Imports down 3.1%, trade balance shrinks to EU15.3 billion German exports slumped the most since the height of the ... Read More
IMF logo

IMF: Uncertainty, Complex Forces Weigh on Global Growth

07/10/2015(0)
Global growth moderate and uneven, forecast at 3.1 percent this year, 3.6 percent in 2016 Disparate fortunes between the advanced and emerging market and developing economies Lower commodity prices ... Read More
Broker Cyprus TopFX