Statement: Central Bank of Ireland
March 19, 2020
The Central Bank of Ireland is today announcing a further measure in order to support the economy, firms and households through the economic shock arising from COVID-19. The Central Bank …
Asian Stocks Recover Yesterday’s Losses as Coronavirus Worries Ease
January 22, 2020
Asian indices finished higher as worries about the coronavirus spread in China ease after the immediate response from China authorities. The coronavirus revived the SARS outbreak in 2002 which killed …
Continue reading “Asian Stocks Recover Yesterday’s Losses as Coronavirus Worries Ease”
Trade, No Trade? China Cancels US Farm Tour, Shrugs It Off
September 23, 2019
Yen Up, Yuan Flat, Euro Dips, Kiwi Slumps, Aussie Lower
Dollar Ends Mixed, EUR, GBP, JPY Up, AUD, NZD Down
September 20, 2019
No Changes from BOJ, SNB, BOE, US Bond Yields Slip
Euro Lifts, Dollar Dips, US Yields Drop Ahead of Fed Verdict
September 18, 2019
Sterling Rallies on Further Short-Squeeze, Oil Rebounds
Dollar Slips, Yields Fall, Brexit Fears Hound the Pound
July 18, 2019
US June Housing Starts, Building Permits Softer
Equities Rally on Dovish Central Banks
June 19, 2019
Asian indices finished higher today on dovish Central Banks ahead of Wednesday’s FOMC policy meeting. The Nikkei225 finished 1.72 percent higher to 21,333 the Hang Seng benchmark in Hong Kong, finished 2.29 percent higher at 28,136. The Shanghai Composite finished 1.19 percent higher to 2,922, while in Singapore the FTSE Straits Times index finished 1.47 percent higher to 3,286. Australian equities finished to fresh 11.5 year highs on Wednesday, with the ASX200 closed at 6648 after a gain of 1.2% or 78 points.
Markets Calm ahead of FED Policy Meeting
June 18, 2019
Asian indices finished higher today except for Nikkei ahead of Wednesday’s FOMC policy meeting and as trade worries resurface. The Nikkei225 finished 0.72 percent lower to 20,972, the Hang Seng benchmark in Hong Kong finished 1.20 percent higher at 27,555. The Shanghai Composite finished 0.09 percent higher to 2,890, while in Singapore, the FTSE Straits Times index finished 0.96 percent higher to 3,237. Australian equities added to early gains thanks to further signs of RBA rate cuts with the ASX 200 index lifting by 0.6 per cent or 39.1pts to 6570.
Gold Shines, Breaks above 1,354
June 14, 2019
Asian indices finished mostly lower as trade worries resurface and the attack in two oil tankers in Gulf of Oman weighing on traders sentiment. The Nikkei225 finished 0.40 percent higher to 21,116 and the Hang Seng benchmark in Hong Kong finished 0.83 percent lower at 27,065. The Shanghai Composite finished 0.99 percent lower to 2,881, while in Singapore, the FTSE Straits Times index finished 0.32 percent lower to 3,210. Australian equities finished up 11 points or 0.2% to 6,554. Over the week, the index jumped 1.7%.
Equities Mixed as Chinese Cues Dictate Directional Bias, US Futures Green on Rate Cut Hopes
June 14, 2019
Global equity market is seeing mixed price action in the global market today. Lack of progress in Sino-U.S. trade talks, increasing awareness that trade deal between two parties is unlikely in the upcoming g20 summit and headlines on massive street protests act as factors which provide the market with bearish cues. This has resulted in investor sentiment remaining divided in the global market. Further, the reduction in 2019 global crude oil demand growth forecast by OPEC also hurt risk appetite.
