Holiday Season Trade

Asian Markets Rally On Trump’s Mute Response to…

[caption id="attachment_364729" align="alignleft" width="300"] Asian markets rally[/caption] Asian markets rally on Monday morning after President Trump on his announcement last Friday left the trade deal with China intact, and he didn't impose any sanctions on…

Wall Street to Open Flat amid Mixed Cues…

Asian markets are trading mostly on negative foot the last trading day of the week as investors await a press conference by President Donald Trump on China and the developments in Hong Kong. China's Foreign…

otc fx

Dollar Eases Ahead of Horrific US Payrolls Data,…

Summary: The Dollar retreated against its Rivals ahead of what is expected to be the worst US Payrolls report ever. Economists expect a record number of 21.5 million Americans lost their jobs in April which…

Holiday Season Trade

Asian Stocks Slump, As US-China Trade Tensions Resurface 

Asian stocks slump on May 1 as the trade tensions between the U.S. and China resurfaced. President Trump threatened that he would impose retaliatory tariffs on China over the COVID-19 handling. Above that, the U.S.…

COVID-19

Asian Stocks are Trading Higher On Remdesivir Hopes 

[caption id="attachment_365331" align="alignleft" width="300"] remdesivir: a drug for treating the coronavirus[/caption] Asian markets are trading higher for the third consecutive trading session as the risk appetite returns to markets. Positive headlines that Gilead's coronavirus treatment…

stocks mixed

Asian Stocks Higher, Crude Oil Stabilize

[caption id="attachment_364693" align="alignleft" width="300"] Crude oil prices rebound[/caption] Asian markets are trading higher on Thursday as the rebound in crude oil price calmed markets. A relief package from the U.S. government and better than expected…

profit

AUDUSD Higher on Strong Retail Sales, Asian Markets…

Asian markets ended mixed after the two day's correction amid the crude oil price turbulence. Hopes for a coronavirus treatment and a gradual reopening of businesses in Europe and the U.S. boost sentiment. A positive…

stocks mixed

Stocks Rise On U.S. Economy Reopening, Gold Slides 

Asian markets ended higher on Friday as hopes for a coronavirus treatment and a gradual reopening of the U.S. economy boosts sentiment. Investors shrug off weak economic data from China. China reported that the economy…

stocks mixed

Asian Markets Mixed, Cryptocurrencies Rally

Asian markets finished mixed on Thursday as the recent rebound from the March lows run out of steam amid dismal economic data. IMF forecast that Asia's economic growth will halt in 2020 for the first…

stocks mixed

Asian Stocks Higher on Improved Sentiment

[caption id="attachment_365147" align="alignleft" width="300"] Asian Stocks Higher on Positive Data from China[/caption] Asian markets finished higher after positive economic data from China. China's exports drop 6.6% in March below the expectations of 14%. Chinese Imports…