The euro may decrease to the value of the dollar. Now the euro is at an annual low and costs $ 1.05, that is, there is very little left before the parity of the two currencies. However, a lot depends on the import tariffs that Trump will set. Tax cuts and an increase in the budget deficit will spur inflation – as a result, the Fed rate will be higher, which is also a factor for the growth of the dollar. The Bank of China has tightened the blocking of transfers in yuan for transactions relat... Read More
China’s service sector rose at the quickest pace in July quarter due to pick-up in demand according ... Read More
Household spending rose in August at the fastest annual rate in three years due to higher... Read More
The US services sector grew to a 21-year high in September, supporting employment of most companies... Read More
German services growth reached an 8-month high in September based on the survey on Wednesday which... Read More
The central bank of Australia has been going steady for the 26 consecutive months on Tuesday,... Read More
The manufacturing activity of Japan grew steadily in September based on the revised survey on... Read More
