The construction sector in Australia swung to contraction in October, the latest survey from the Australian Industry Group revealed on Monday with a 20-month low Performance of Construction Index score of 45.9. That's down sharply from 51.4 in September, and it falls emphatically beneath the boom-or-bust line of 50 that separates expansion from con
The Bank of Japan will on Monday release the minutes from its monetary policy meeting on September 20 and 21, highlighting a modest day for Asia-Pacific economic activity. At the meeting, the bank decided to continue applying a negative interest rate of -0.1 percent to the policy rate balances in current accounts held by financial institutions. The
Global economic growth kicked higher at the start of the fourth quarter, according to PMI survey data, though inflationary pressures also intensified. The JPMorgan Global PMI Composite Output Index, compiled by Markit from its various national surveys, rose from 51.7 in September to an 11-month high of 53.3 in October. The improvement points to ann
The focus is on the US where the presidential campaigns of Hillary Clinton and Donald Trump come to an end, as the 45th President of the United States is elected. Although the outcome of the election is likely to dominate the markets, analysts will also be viewing some key economic data releases. Industrial production numbers are released across Eu
A solid employment report for October further clears the path for a December Fed rate hike. News of another decent rise in non-farm payrolls and an uptick in pay growth comes hard on the heels of business surveys showing the US economy having gained further growth momentum in October. The improved news flow will surely satisfy the FOMC’s desire to
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES September 2016The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $36.4 billion in September, down $4.0 billion from $40.5 billion in August, revised. September exports were $189.2 billion, $1.0 bil...
Romania's central bank left its key interest rate unchanged for the 12th straight session on Friday. The Board of the National Bank of Romania kept the monetary policy rate at 1.75 percent, the bank said in a statement. The decision was in line with economists' expectations. The minimum reserve requirement ratio on foreign currency-denominated liab
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Changes to CFD Trading Hours on Thanksgiving 2018 Dear Traders, Please note that due to the celebration of Thanksgiving in the USA trading hours on November 22-23, 2018 will be changed as follow...
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There is a question posted that which currency is the strongest and you have asked about our opinion, In my opinion USD is probably the strongest currency of the world as most of the trade escpecially...
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Leverage: Use in exchanging basically alludes to the capacity to expand the measure of your exchange or venture by utilizing credit from an intermediary. Use is a credit that is given to a speculator ...
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