Archive for the January 13, 2019
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The inclusion of Chinese A-shares in global stock indexes could see foreign inflows into China's stock market double in 2019, the Shanghai Securities News quoted a top Chinese securities regulator as saying on Saturday. "Last
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Wall Street dipped slightly on Friday, breaking a five-session rally, as energy shares declined and investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks. Underpinned by
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The Ugandan and Tanzanian currencies are expected to come under pressure in the coming week while those of Kenya and Zambia are seen remaining stable. UGANDA - The Ugandan shilling is seen trading with a
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China's yuan is still expected to breach the key 7-per-dollar mark within six months as a dimming economic growth outlook is likely to push the central bank toward easier monetary policy this year, a Reuters
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Russia's finance ministry, which is set to resume daily foreign currency purchases on the market on Jan 15, is seen buying 280 billion roubles ($4.2 billion) worth of currencies by Feb 6, a Reuters survey
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Daily currency trading volumes were broadly unchanged in December from a year-ago period but declined from November, totalling $1.56 trillion, CLS data showed on Monday. CLS, a major settler of trades in the foreign exchange
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The Canadian dollar weakened against its US counterpart on Friday as oil prices fell, but the loonie still advanced for a second consecutive week after the Bank of Canada said the challenges facing the economy
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Investors turned bullish on most Asian currencies for the first time since early last year, a Reuters poll showed, as risk appetite rose on hopes of a halt to the US rate hike cycle, and
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The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about
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Zimbabwe will re-introduce a local currency "in less than 12 months", after using the US dollar and regional currencies since a hyperinflation crisis a decade ago, the finance minister said in an interview published on
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