Asian Markets Archives - The Industry Spread

Markets Rebound as Trade War Concerns Ease

May 15, 2019

Asian markets managed to rebound today from a three-and-a-half month low and oversold levels as President Trump continued his tweets on Tuesday, claiming tariffs had rebuilt America’s steel industry and criticizing Beijing for walking away from a deal. China on Monday announced it would impose higher tariffs on $60 billion of U.S. goods.

Stock Markets Rebound, AUDUSD Outperforms

May 7, 2019

Asian markets rebound today after yesterday’s plunge as traders keep an eye around the US-China trade developments after US President Trump threatened to more than double tariffs on US$200bn in Chinese imports from 10 percent to 25 percent. The Nikkei225 lost 1.51 percent to 21,923 as it reopens after the 10-day break.

Avelacom Strengthens Hold over Asian Market with Launch of POP in Thailand Stock Exchange

May 3, 2019

Avelacom – used based multi-national IT infrastructure solutions provider for the financial sector continues its endeavor to strengthen its hold over Asian market. Avelacom is widely known for its network services via which it facilitates major financial firms to gain high-speed low latency connectivity for their trading activities in over 20+ international venues across the globe.

GBPUSD Breaks Below 1.30 as we Enter a Heavy Brexit Week

March 11, 2019

It has been a positive start to the new trading week as Asian markets recorded gains across the board — major US indices on Friday fell for five straight days. In Japan, the Nikkei225 main index added 0.47 percent to 21,125 and the Hang Seng benchmark in Hong Kong gained 0.59 percent at 28,393. The Shanghai Composite rising 0.96 percent at 2,998, while The Aussie stockmarket finished 0.40 percent lower to 6263.

Hopes on Trade Truce Extension Drives Markets

February 14, 2019

Traders are remaining hopeful of a trade truce extension between the US and China after US President Trump said he would let the deal deadline slide if both parties were making headway. Asian markets finished flat for the day, after posting decent gains over the last days.