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…
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.…
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…
Crude Oil Price Plunge, Stocks Mixed
Asian markets finished mixed on Tuesday as the crude oil price resumed its downtrend, and investors are booking some profits as the stocks are now almost 20% higher since the March lows. Wall Street ended…
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…
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…
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…
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…
Asian Markets Mixed, Crude Oil Higher
Asian markets finished mixed as the numbers of new cases and deaths in the US reached record highs. Optimism the previous days from slowing cases in Europe boosted investors' sentiment and sent global indices higher.…