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…
Monetary Policy Statement – Banco de México
Banco de México’s Governing Board has decided to maintain the target for the overnight interbank interest rate at 8.25%. Available indicators suggest that the weakening of world economic activity observed during the second half of…
Dollar Lifts as US Bond Yields Rebound, Rival…
Summary: A rebound in US bond yields, and a fall in those of its Rivals, lifted the Dollar higher. Benchmark 10-year US treasury yields rebounded to 2.39% from 2.37%. Rival bond rates fell. Germany’s ten-year…
Low volatility ahead of the FOMC Meeting
Asia stocks finished flat today as traders await the U.S. Federal Reserve meeting later during the US session. Media reports have suggested that progress in relation to China-US trade negotiations have been stymied with the…
Market Entered Corrective Rally Ahead of Powell’s Speech
Major markets saw corrective price action on profit booking post yesterday’s price rally inspired by Sino-U.S. trade optimism and investors now await Powell’s speech for short term directional cues while awaiting headlines on UK parliament…
Slip-Sliding Away, Dollar Drops for Third Day Running,…
Summary: The US Dollar headed for a third day of losses weighed by lower bond yields and a stronger performance from all it’s Rivals. The yield on the US 10-year bond slipped to 2.638% from…
Fed to be Patient Raising Rates, Asian Stocks…
Asian stocks finished the session close to four-month highs, following Wall Street indices, after the FED pledged to be patient in raising rates going forward. Shares in Japan was 1.06% higher at 20,773, and the…
Eddie Yue: How Hong Kong is prepared for…
Opening remarks by Mr Eddie Yue, Deputy Chief Executive of the Hong Kong Monetary Authority, at the Hong Kong-Paris Financial Seminar, co-organised by the Hong Kong Monetary Authority and Paris Europlace, Hong Kong, 16 January 2019.…
Asian Indices Higher on Renewed Hopes about US-China…
China revealed a bunch of economic data. On an annual basis, fourth-quarter GDP was 6.4%, and the consensus was 6.4%. Analysts were expecting retail sales to be 8.2%, and they came in at 8.2%. Industrial…