Yuan’s decline today suggests that the near term recovery is already completed and there’s risk of more downside. The selloff came after Chinese Premier Li Keqiang held a rare high-profile meeting yesterday on measures to support the economy. That’s is seen as a sign that the government is in deep worry about the impact of […]
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Gold price fell through key supports on Wednesday, deflated by growing optimism on US-China trade deal that cooled fears about deeper economic crisis and offset other factors that boost safe haven demand. Fresh wave of Read more…
Fed Vice Chair Philip Jefferson said in a speech today he supported last week’s decision to keep the federal funds rate unchanged, which he views as “moderately restrictive.” He noted that the current policy setting Read more…
Every traveler has a list of “must-haves” they require when choosing a hotel. For some, it’s free Wi-Fi or parking. Or maybe it’s a Starbucks within 100 yards of the place. For others, it’s a Read more…