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…
Volatility Reigns as COVID-19 Officially Described a Pandemic,…
Summary: Volatility reigned in all markets as equities tanked after the World Health Organisation described COVID-19 as a pandemic for the first time. Prior to the WHO’s comments, Britain and Italy announced they were putting…
Turnaround Tuesday, Dollar, US Stocks Bounce Back on…
Summary: What a difference a day makes. The US Dollar and Wall Street rebounded off their worst day since the 2008 crisis. Hopes of government stimulus after US President Trump suggested that a payroll tax…
Yen Lifts, VIX Fear Index Skyrockets, Aussie Falls,…
Summary: The Yen reversed its spectacular 2-day slide, lifting to 110.34 at one stage, before closing 0.70% up against the US Dollar (USD/JPY 110.70 from 111.57) as the coronavirus illness spread outside China. Iran, Italy…
Risk Appetite Jumps, Dollar Climbs, Yen Slumps to…
Summary: Appetite for risk returned with a vengeance following a trifecta of positive news for markets. First, Chinese authorities reported that the daily rise of new coronavirus cases recorded the lowest total since January 29.…
Coronavirus Fears Revived, Spurs Apple Warning, Risk-Off
Summary: A profit-warning from tech giant Apple due to production slowdowns caused by the coronavirus outbreak in China triggered risk-off in all markets. The benchmark US 10-year Treasury yield fell to 1.55% (1.58%). Gold prices…
Sabine Mauderer: Brexit – a push for market…
Introduction Ladies and gentlemen, Let me start by thanking Clearstream for the kind invitation to speak to you today. I am delighted that the Bundesbank is part of this event, as it has been in previous years.…
Information for Firms During the Brexit Implementation Period
On 31 January 2020 at 11pm the UK will leave the European Union (EU) and enter an implementation period, which is due to last until 31 December 2020. During the implementation period, EU law will…
Equities Trade Positive on Chinese Cues, US Jobless…
[caption id="attachment_363642" align="alignleft" width="300"] coronavirus outbreak[/caption] Cues from China on the tariff-related decision and easing virus outbreak woes help underpin risk sentiment in the global market. Summary: Global equities are continuing to trade on a…