Tag: China Economy

forex and crypto market analysis
July 20, 2020 BY Steffy Bogdanova

Daily Market News: Netflix stock sinks as pandemic boost slows

What to watch Cadence Design Systems: CDS, a $28bn market cap electronics design and engineering services business, has enjoyed a share price gain of 44.5% in 2020 so far. During Q2, the firm announced a collaboration with Taiwan Semiconductor and Microsoft, in order to use cloud technology to reduce the signoff schedules for new semiconductor…

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January 29, 2020 BY Steffy Bogdanova

Virus crisis infects with global economic fear

As cases of the new coronavirus, 2019-nCoV, have exceeded 5,000 in China, many fear the economic impact. Just weeks after the tenuous truce the US and China achieved, the outbreak has put the already slowing Chinese economy in jeopardy, threatening to have global repercussions. The disease originated in the center of China and has already…

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forex market crypto news and updates
January 21, 2020 BY Valentina Kirilova

Daily Market News: Global markets are all in the red

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 21, 2020.  Global markets are all in the red this morning as China reports a fourth death from the deadly new coronavirus. It has also been confirmed that the disease can spread from human to human.…

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January 11, 2016 BY Mike Fox

China's Forex regulator says it will increase risk control measures

China’s Forex regulator said over the weekend that it will ramp up risk control efforts, push ahead with regulatory reforms and look to accelerate the development of the worlds second largest economy's Forex market further in 2016. Within the past year we have seen numerous global financial cities open up Renminbi hubs in preparation for…

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January 06, 2016 BY Mike Fox

Record gap between renminbi rates widens as China devalues again

Today The Financial Times (FT) made note that the gap between the Chinese renminbi’s two exchange rates (offshore RMB and onshore RMB) has widened to a record spread. This has fueled speculation that China intends to allow its currency to fall at a faster rate than has previously been seen. Since August, the People's Bank of China (PBoC) said…

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