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European shares rally today: investors react favorably to the news from China and progress in the negotiations over Greece. By 15:39 GMT DAX was up 1.70%, FTSE 100 rose 0.63%; САС 40 added 1.73 percent. All Stoxx Europe 600 sectors were trading in the green zone...
Tencent Holdings and Russian billionaire Yuri Milner to invest to Indian health information provider
Tencent Holdings Limited, one of the largest Internet companies, made USD90 million investment to Practo...
FOMC member Bill Dudley told his review about the policy and CNY impact speaking to the Rochester Business Alliance, and BNP Paribas made some expectations and review based on his speechfor example: "We suspect he will stop well short of signalling support for September lift-off, which should sti...
Gold dropped below key support level at $1150 and for now we are looking at the next support target near $980. Historical support level for gold is $1180 which was broken as well and the price to continue falling towards the next support level at $980...
Markets around the world fell with stocks, the dollar and market currencies after yuan devaluation: Germany's 2-year yield fell to a new record low. Industrial commodities such as oil and copper fell. U.S...
Credit Agricole estimated G10 currency performance concerning post CNY devaluation movement, and they found that EUR is the best performer: "It appears that the latest development decreased expectations of the Fed considering higher rates as soon as in September...
German banking regulators worried about attempts of foreign-exchange manipulation at large domestic banks and expects investigation by next year. Raimund Roeseler, the head of bank regulation at BaFin: "We haven't concluded our investigation so I can't predict...
"Equities could be in for a correction amid a possible rate hike by the Federal Reserve next month. The next six or seven weeks are going to be very rough," the well-known Wharton School finance professor Jeremy Siegel told to CNBC...