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 Mixed as Chinese Cues Dictate Directional Bias,…
Summary: 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…
Standoff Continues Between US and Europe on SWAPs
Even as the current Commodities Futures Trading Commission head finishes his term, the issue of swaps equivalence is still not resolved. Christopher Giancarlo, the Chair of the CFTC, appeared in front of the House Agriculture…
Market Fragmentation on G20 Agenda
Several global financial heavyweights are concerned about the growing threat from deleterious market fragmentation. In separate events on two ends of the globe, market fragmentation took center stage. The first event was the International Swaps and…
Risk, Stocks Settle On China Trade Pledge, Dollar…
Summary: Markets settled in Asia and Europe following Wall Street’s rout as China pledged to start delivering upon trade agreements with the US. American stock futures rose even as their markets will close today to…
Dollar Subdued as Benchmark US Treasury Yield Declines
Summary : Equity markets across the globe performed positive on Monday over optimism on headlines which signalled temporary truce between China & U.S.A. US Dollar gained positive momentum in American session supported by better than…
US – China Trade Truce boosts Risk Appetite
Positive tone around European markets as the 90 day trade truce between China and USA during the G20 meeting in Argentina washed off investor worries and send the indices higher with German Dax 2.4% higher,…
US Dollar Weakens Across the Board Following Sino-U.S.…
Summary: US Dollar is underbid significantly as risk appetite increased in equity and forex markets following headlines that indicated China & U.S. were able to come to an understanding during the sideline talks in G20…
EURUSD Rejected at 1.14
Investors around the world were given some much-needed Christmas cheer during the weekend after President Donald Trump and China’s Xi Jinping called a halt to their painful trade war for 90 days while they try…