Market News

According to data published by IHS Markit, German manufacturing activity declined for its twelfth consecutive month, followed by its private sector activity which dropped for the fourth consecutive month.

The United States and China announced a tentative trade deal on Friday which resulted in the stall of fresh tariffs that were expected to go into effect yesterday.

Boris Johnson won the British vote on Thursday by a vast majority, sending the pound soaring higher as traders (and British citizens) braced themselves for a quick Brexit.

In its first meeting under the leadership of Christine Lagarde, the European Central Bank kept it interest rates unchanged at historic lows of -.0.5 percent.

The Swiss National Bank decided to leave the interest rates unchanged at -0.75 percent, highlighting that it is willing to intervene in the foreign exchange market

The U.S. dollar declined steeply on Thursday, falling to its lowest level in over a month after the Federal Reserve made comments that dampened expectations for an interest rate cut in the near term.

Oil prices retreated from their highest close in twelve weeks on Wednesday after reports from the American Petroleum Institute reflected an increase in U.S. stockpiles

Matching with analysts' expectations, the South African inflation level went down to 3.6 percent, after being at 3.7 percent in October, the lowest figure in a decade.

According to headlines from the South China Morning Poston Wednesday, the upcoming deadline in the trade war between the United States and China is “likely to be missed.”

Market agents are paying attention to the next European Central Bank governing council meeting.

Rising pork prices sent China’s consumer inflation to near eight-year highs in November, reports out on Tuesday showed.

Oil futures were broadly lower on Monday, pressured by data that showed a decline in Chinese exports for the fourth consecutive month.

The Chinese economy recently hit a 30-year low, as the Asian country's gross domestic product grew 6 percent in the third quarter, the slowest pace since 1992.

With less than a week to go before U.S President Donald Trump has threatened to impose new tariffs on China, traders are apprehensive about what will happen

The U.S. dollar remains down nearly 1 percent for the week, despite positive data out on Thursday which showed that the U.S. trade deficit fell to a 1 ½ year low in October