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 Rebound on Easing Victim Count & Powell…
[caption id="attachment_363894" align="alignleft" width="300"] Declining viral outbreak[/caption] Declining virus outbreak victim count and Powell’s testimony before congress spurs market bulls. Speech from heads of major global central banks to provide short term trading cues... Summary:…
Asian Stocks Finished Higher As Coronavirus Fears Ease
Asian stocks finished higher as the coronavirus fears ease on reports of declining infection growth cases. The lower infection rate, and the increasing bets from investors that central banks will step in to inject liquidity…
Equities Recover as Virus Outbreak Seems Contained, Powell…
Comments from China’s medical advisor, which hinted at the possibility of a virus outbreak peaking, fuels risk on trading activity. [caption id="attachment_364432" align="alignleft" width="300"] Virus Outbreak Peaking[/caption] Summary: Global equities recover momentum finally as the…
Asian Indices Higher Crude Oil Rebounds
Asian stocks ended mostly higher as the coronavirus fears ease on lower growth of reported new cases. Now there are reported over 42,000 confirmed cases with the death tall surpassing 1000. A lower infection rate,…
Asian Stocks Retreat on Coronavirus Fears
Asian stocks started the week lower as the coronavirus epidemic fears have returned to markets. Now there are reported over 40,000 confirmed cases with the death toll surpassing 900. The central bank of China the…
Equities Take a Hit as Virus Outbreak Death…
Recovery rally eases on the spike in death toll, but lingering risk sentiment prevents sharp declines. Focus shifts to key payroll and unemployment updates from the USA. [caption id="attachment_363642" align="alignleft" width="300"] Coronavirus death toll escalates[/caption]…
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…
Relief Rally Continues, Crude Oil Rebounds, Cryptocurrencies Rally
Asian and Chinese indices continue the rebound on hopes of additional stimulus form PBOC amid the coronavirus outbreak. In a positive move, China announced it would halve tariffs on $75 billion of imports from the…