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…
Central banks a stabilising force in response to…
Central banks played a crucial role together with fiscal and prudential authorities in a concerted response to the Covid-19 crisis. The lender of last resort role of central banks has evolved as they sought to…
Asian Stocks Lower As Risk-Off Sentiment Returns to…
Asian stocks finished lower on Thursday after the rebound from recent sell-off, as investors await the Initial jobless claims from the USA for the first evaluation of the coronavirus outbreak impact on the real economy.…
Bank of Canada: Statement of G7 Finance Ministers…
Consistent with the direction from G7 Leaders, we are taking action and enhancing coordination on our dynamic domestic and international policy efforts to respond to the global health, economic, and financial impacts associated with the…
Liquidity Injection Boosts Stocks, Gold, Oil
Asian stocks managed to rebound on Tuesday as the monetary and fiscal injection measures finally manage to calm investors. The Federal Reserve announced yesterday the purchase of more US government debt in the amounts needed…
Stocks Rebound On Stimulus Hopes
[caption id="attachment_365463" align="alignleft" width="279"] Central Bank Governments[/caption] Asian stocks managed to rebound today after yesterday’s sell-off as investors hope for a stimulus from governments and central banks. The yields on U.S. 10-year Treasury rise to…
Stocks Rebound On Central Banks Stimulus Speculation
[caption id="attachment_365206" align="alignleft" width="300"] Monetary stimulus[/caption] Asian stocks managed to close mostly higher today on central banks' monetary stimulus hopes amid the coronavirus outbreak. Stocks rallied in the morning Asian trading session mirroring the strong…
MAS Does Not Engage in Currency Manipulation
Singapore, 29 May 2019…In response to media queries on the US Treasury Report on Macroeconomic and Foreign Exchange Policies (UST Report) released today, the Monetary Authority of Singapore (MAS) said that it does not engage…
Equities on Path for Sharpest Dovish Slide of…
Dovish cues from ECB interest rate update yesterday served as clear bearish breakout trigger for global markets resulting in global market heading towards dovish weekly close. Summary: Global equity markets are currently trading dovish for…