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 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…
Yen attracts Bids as Trade War Intensifies
Asian indices started the week lower as President Trump vowed to impose a 5% tariff on Mexican imports and China blames the U.S. for the breakdown in trade talks and said it won’t back down.…
China Retaliation Tariffs adds to Global Economic Uncertainty
Asian markets finished lower today and fell to a three-and-a-half month low approaching oversold levels as China announced it would impose higher tariffs on $60 billion of U.S. goods. The Nikkei225 lost 0.75 percent to…
Yen Outperforms on Short Covering, Euro Extends Slide
Summary: In thin Asian trading due to the antipodean holidays, USD/JPY jumped to 112.24 overnight highs after the Bank of Japan kept policy unchanged. The Dollar then slumped 0.48% to 111.65 Yen after BOJ Governor…
Growth Woes on Dovish Cues from BOJ &…
Dovish cues from major central banks, disappointing macro data updates from key economies hurt investor sentiment resulting in bearish price action in global market. Summary: Both Equities and Forex assets are seeing dovish price action…
Post Holiday Market Is Seeing Mixed Activity in…
[caption id="attachment_335891" align="alignleft" width="171"] Easter Holiday[/caption] Global markets are seeing mixed price action amid silent macro calendar as usual trading activity begins in most major markets post-Easter holidays. Summary: Asian and European markets are seeing…
AUDUSD Under Pressure After Dovish RBA
Asian stocks finished higher to the highest level in nine months, as investors cheer upbeat beginning of the US earnings season. In Japan, the Nikkei225 main index added 0,32 percent to 22,238 the highest since…
Global Markets Calm ahead of FOMC Meeting
Asia stocks finished almost flat today as traders awaited the U.S. Federal Reserve meeting later on Wednesday. In Japan, the Nikkei225 main index lost 0.08 percent to 21,566, and the Hang Seng benchmark in Hong…