market updates

23 Jun 2017

Facebook to tackle extremist material

Facebook, the social media giant is introducing more tools to tackle online extremist material and it will thus launch the Online Civil Courage Initiative in the U.K. on Friday. The technology company has already launched this initiative in Germany and France. This will provide educational a [...]

22 Jun 2017

New Zealand kept its interest rate steady

The Reserve Bank of New Zealand (RBNZ) kept its benchmark interest rate at a record low of 1.75 percent. The RBNZ Governor Graeme Wheeler stated that monetary policy “will remain accommodative for a considerable period.” The kiwi edged up after the bank’s statement and as such, the NZD [...]

21 Jun 2017

Crude oil near multi-month low

Oil prices declined further, trading around multi-month lows today in the Asian market and this situation is becoming alarming now. The U.S. West Texas Intermediate was seen trading at $43.48 per barrel, while Brent crude traded at $45.96 a barrel. On Tuesday, the American Petroleum Institut [...]

20 Jun 2017

Mark Carney’s speech

Bank of England Governor, Mark Carney, will deliver a speech at 07:30 GMT today and since Carney has more influence over the value of the sterling, this event should not be missed. His comments can also generate clues on short-term positive or negative trends for the pound and investors exp [...]

19 Jun 2017

Macron wins parliamentary majority

French president Emmanuel Macron’s “La République en Marche!” party has obtained an absolute majority with more than 300 seats in the 577-seat National Assembly in the final round of voting on Sunday night. His party was formed just a year ago and still, Macron won by 97 percent of v [...]