Category: forex news

China’s Export Growth Tops Expectations; Surplus With U.S. At Record

username July 13, 2018 No Comments forex news

China’s exports increased more-than-expected in June and its trade surplus with the U.S. reached a record high in the midst of escalating trade disputes between the two countries. Data from the General Administration of Customs showed that exports increased 11.3 percent year-on-year in June, bigger than the expected 9.5 percent, but slower than the 12.6 […]

Pound Falls As Trump Says May’s Brexit Plan Dampens Chance Of U.S. Trade Deal

username July 13, 2018 No Comments forex news

The pound drifted lower against its major opponents in the Asian session on Friday, as U.S. President Donald Trump remarked that Prime Minister Theresa May’s current ‘soft-Brexit’ proposal with the EU would probably “kill” any future trade deals with the United States. In an interview with The Sun, Trump said that PM’s “soft Brexit” strategy […]

Germany Wholesale Price Inflation At 9-Month High

username July 13, 2018 No Comments forex news

Germany’s wholesale price inflation accelerated further in June to the highest level in nine months, data from Destatis showed Friday. Wholesale prices climbed 3.4 percent year-on-year in June, faster than the 2.9 percent increase seen in May. Moreover, this was the fastest growth since September last year, when prices had risen the same 3.4 percent. […]

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