Trading day in one post 09.03.2017

Most of the Asian indices were trading lower this Wednesday, with the exception of the Japanese Nikkei. They followed the American markets as they closed lower for the 3rd straight day. Investors are careful with expectations for Euro Zone rate decision today and the upcoming Non-Farm Payroll report on Friday. Also the chances of FED […]

China cut it’s GDP target, indices and AUD under pressure

According to China’s Premier Li Keqianq, China is cutting 2017 GDP target to around 6.5% or higher if possible. LI was addressing the country’s National People’s Congress on its annual session. The target was realistic and would help steer and steady expectations. According to Keqianq, China would continue to implement a proactive fiscal policies and […]