The US dollar enjoyed some strength thanks to the Fed’s hawkish hike, but this did not last too long. What’s next? The Fed can continue influencing currencies thanks to speeches from top Fed officials, including Yellen. In addition, we have many other central bankers speaking and also some GDP figures. US Durable Goods Orders: Monday, 12:30. A rise of 0.4% is on the cards for core orders.Mario Draghi talks: Monday, 17:30 and Tuesday ...
The Dow Jones Industrial Average, S&P 500 and German DAX are the only three major averages around the globe to set new all-time intraday highs this week. more...
The Chinese adage that the tall blade of grass gets cut first is definitely true this week, as China's top social media and microblogging platform has been ordered to stop its online video operations. China's State Administration of Press, Publication, Radio, Film and Television issued a statement that all websites and online companies who lack sufficient licenses to provide streaming video services should halt those services immediately. ...
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