#U.S. president, Donald John Trump criticized the U.S. central bank several times and asked the #interest_rate to be cut by at least 100 basis points over a fairly short period of time. He believed that if it happens, both U.S. and #world_economy enhance quickly. It is well noting that market is not sensitive to these…
economic news
Global stock markets lost 1.9 trillion dollars of the investor’s money!
Last week #global_stock_markets lost 1.9 trillion dollars of the investor’s money which is equal with Canada economy! News show the weak economy in Europe and also #China in July (China’s industrial production growth: +4.8%, the lowest from 2002) and the fall of US bond rates. Both of these issues made the situation proper for the…
Gamble of currency investors due the European currency devaluation!
According to U.S. Commodity Futures Trading Commission (CFTC), net #Euro shorts grew by $353 million dollar last week and are likely to remain in vogue ahead of the # ECB’s monetary policy meeting in September.