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…
Andrew Bailey Set to Succeed Mr. Carney as…
[caption id="attachment_355285" align="alignleft" width="268"] Bank of England[/caption] Bank of England, one of the world’s major central banks recently announced in a statement that its current Governor Mr. Mark Carney will be succeeded by former BOE…
Equities Rally on Dovish Central Banks
Asian indices finished higher today on dovish Central Banks ahead of Wednesday’s FOMC policy meeting. The Nikkei225 finished 1.72 percent higher to 21,333 the Hang Seng benchmark in Hong Kong, finished 2.29 percent higher at…
Powell Stays “Patient”, Dollar Edges Higher, Kiwi Tumbles
Summary: Federal Reserve Chair Jerome Powell chose to remain patient on policy, with no bias to hike or cut rates. Powell said that “job growth was stronger than expected while inflation has been somewhat weaker”,…
Equities Mixed But Forex Pairs Trade Positive, Positive…
The global market is seeing mixed price action in the equity market, but forex assets trade positive as risk appetite improved on positive Chinese and US macro data updates. Summary: Equity markets today opened on…
Post-FOMC Bearish Pressure Surrounds US Dollar
Asian stocks finished mixed on Friday after upbeat data from the US economy, latest optimism surrounding Brexit negotiations and doubts over the US-China trade deal. In Japan the Nikkei225 main index added 0.09 percent to…
US-China Trade Talks Improve Risk Appetite
US President Donald Trump tweeted overnight that “talks with China are going very well” while the meetings were extended for a third day in Beijing, this gave Asian stocks a boost to three-week high. This…
BOE: Monetary Policy Summary and Minutes of the…
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 31 October…