OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Equities on Path for Sharpest Dovish Slide of…
Dovish cues from ECB interest rate update yesterday served as clear bearish breakout trigger for global markets resulting in global market heading towards dovish weekly close. Summary: Global equity markets are currently trading dovish for…
Global Markets Trade In Red Following IMF Growth…
Both Equities and Forex markets trade in red following IMF growth forecast update which inspired fresh wave of caution as update hinted at global economic slowdown resulting in increased demand for safe haven assets but…
Geo-Political Woes & Weak Macro Data Pushes Major…
Risk off Sentiment following another round of bearish Chinese macro data amid ongoing geo-political issues influenced major FX and equity markets to take on bearish price action. Summary: Equity markets opened for 2019 on…
Equity Markets Bullish on the Last Trading Day…
Equity markets rose on the last trading day of the year. In Hong Kong, Hang Seng Index was up 1.2%, the S&P/ASX200 index closed 7.9 points, or 0.14 per cent down, at 5645.0. The ASX…
Investors Flock to Govt Debt Bonds in Risk…
While USD gained following less dovish than expected FOMC statement, investors fears of curve inversion in T.Yields inspired risk off sentiment in equity markets which was further supported by dovish comments from Fed members in…
US Greenback on Back foot Over Updates on…
While equity markets picked up positive price action in late Asian and early European market hours as safe haven demand over Brexit uncertainty eased weakening broad based demand for US Dollar, Greenback suffered additional bearish…
Global Stock Market Activity on Bearish Path as…
Disappointing GDP and macro data across key markets has inspired a dovish and cautious investor’s sentiment across globe over concerns of slowdown in global economic growth and business activities resulting in major indices and futures…
Commerzbank Sells Equity Markets & Commodities Business to…
Commerzbank has sold its Equity Markets & Commodities (EMC) business to Societe Generale as the bank reduces its overall complexity and frees up capital for investment in Commerzbank’s core franchise. The business comprises the Commerzbank’s…