Market News

The People’s Bank of China set the official midpoint reference or the country’s currency at 7.0211 per dollar on Monday, the third straight session that the Chinese currency has fallen below the 7 per dollar level.

This week is likely to see either a little less or a similar level of market activity to last week, with no central bank input due concerning any major currencies.

Though markets are still awaiting the official monetary decision of the Reserve Bank of Australia, they received a bit of good news from the RBA Governor as he addressed the Australian Parliament earlier today.

After news that Chinese exports edged unexpectedly higher in July, the British pound was able to recover some of its recent losses.

Chinese exports surprisingly rose in July, despite the growing trade tensions between China and the United States.

Oil futures headed significantly higher on Thursday morning in Asia after both Brent crude and U.S. WTI futures plummeted more than 4 percent on Wednesday,

The Reserve bank of New Zealand shocked markets on Tuesday with a more aggressive rate cut than had been expected.

The Irish Prime Minister Leo Varadkar said that a no-deal Brexit seems "more likely".

The People’s Bank of China set the yuan midpoint at 6.9996 per dollar early on Wednesday after the Chinese currency sunk below the 7 per dollar mark

Though currently trading slightly higher, the British Pound remains near to recently struck multi-month lows against the Euro as fears of a hard Brexit dominates Pound sentiment.

The People's Bank of China (or PBOC) said that President Trump's accusations against the Chinese could cause chaos in the financial markets.

U.S. stock markets saw their worst day in 2019 on Monday as trade war concerns continued to worry investors and prompt selling.

With less than three months left before Britain is expected to leave the European Union, investor fears are escalating on concerns that the split will not be favorable.

The Japanese Vice finance minister for international affairs Yoshiki Takeuchi cautioned investors against driving up the Japanese Yen

Over 390 days into the trade war between the United States and China, the tension shows no sign of easing, and traders have continue to take notice.