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…
Wall Street to Open Positive as Global Equities…
[caption id="attachment_363123" align="alignleft" width="300"] Wall Street[/caption] Risk sentiment improved as support measures announced by US & European central banks. Wall Street indices likely to reverse decline from the previous session. Summary: Global equities are finally…
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…
Stocks Rebound On Central Banks Stimulus Speculation
[caption id="attachment_365206" align="alignleft" width="300"] Monetary stimulus[/caption] Asian stocks managed to close mostly higher today on central banks' monetary stimulus hopes amid the coronavirus outbreak. Stocks rallied in the morning Asian trading session mirroring the strong…
Asian Stocks Rebound On Monetary Stimulus Hopes
[caption id="attachment_365167" align="alignleft" width="300"] Monetary Stimulus Hopes[/caption] Asian stocks rebound today on monetary stimulus hopes amid the coronavirus outbreak. A slump in the economic activity due to the coronavirus spread in over 50 countries around…
RBNZ: Official Cash Rate Unchanged at 1.75 Percent
Tena koutou katoa, welcome all. The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and into 2020. There are both upside and downside risks…