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…
Asian Stocks Higher, But Sentiment Remains Fragile
Asian stock markets ended higher for one more day mirroring Wall Street indices as the Dow Jones index return in the bull market territory. Investors return to equities for some bottom fishing after the recent…
Equities Consolidate Post Rebound, US Senate Meeting in…
[caption id="attachment_364967" align="alignleft" width="300"] Global equities consolidate[/caption] Risk sentiment lingers, but caution stemming from escalating death toll keeps risk assets under consolidative price activity. Summary: Global equities continue to trade on a positive note over…
Wall Street to Rebound on Fed Cues, European…
[caption id="attachment_363839" align="alignleft" width="300"] Wall Street rebounds[/caption] Fed cues help improve risk sentiment, US discussions surrounding 2 trillion USD economic support bill, and macro data in focus. Summary: Global equities are trading positive while major…
Asian Stocks Slumped, Nikkei Positive, USD Outperforms
[caption id="attachment_363346" align="alignleft" width="300"] Asian stocks slump[/caption] Asian stocks slump on Monday, mostly higher as investors fear that the monetary and fiscal measures will fail to combat the deep recession due to the coronavirus outbreak.…
Monetary and Fiscal Stimulus Failed to Calm Markets
[caption id="attachment_365770" align="alignleft" width="300"] Stimulus fails to calm markets[/caption] Stocks, gold, crude oil, and bonds fell as investors liquidating portfolios in search of cash as central banks and governments failed to calm markets despite the…
Equities Continue to Tumble on COVID-19 Woes, US…
Forex and equities are experiencing a bearish rout, selling off across global markets. Wall Street indices to scale fresh record lows. [caption id="attachment_365748" align="alignleft" width="300"] Global equities continue bearish rout[/caption] Summary: Global equities are continuing…
Stocks Slump Amid Coronavirus Fears, Crude Oil Return…
Asian stocks slump downwards as investors are trying to assess the coronavirus outbreak's impact on global trade and economy. Fears that the lockdown in the economy will last longer than initially expected send stocks lower…
Global Central Banks Take Additional Stimulus Measures
Fed brings interest rates near zero, additional QE measures announced. Wall Street to tumble as evident from the suspension of US futures, which scaled their daily decline limit. Summary: The global equity market is seeing…