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 Decline on Trump Comment & Hong Kong…
[caption id="attachment_360844" align="alignleft" width="254"] Hong Kong protest[/caption] Hong Kong protest leading to live fire from police and pessimistic comments from US President Trump weigh down market sentiment. Summary: The global equity market is off to…
Asian Indices Rebound, AUDUSD Under Pressure
Asian indices finished higher today as trade tensions between the China and USA ease. President Trump on Friday announced the increase of tariffs on $250 billion of Chinese goods to 30% from 25% starting Oct.…
Equities Continue To Decline on Chinese Retaliatory Comments
Chinese retaliatory tariff threat comes as a fresh blow to market underpinning market bears fundamentally, US macro data in focus for short term directional cues. Summary: Global finance market is seeing bears dominate price action…
Equities Positive on Data Driven Momentum, USD Declines…
Summary: Global market is seeing equities and major benchmark indices open positive for the week on macro data-driven momentum. Better than expected Chinese macro data proved to be a positive trigger for market bulls helping…
Equities Decline for Third Consecutive Session, US Job…
Profit warnings and rebound in USD hurt investor sentiment causing equities and benchmark indices to decline. Traders now await Powell speech for directional cues. Summary: Equities and major benchmark indices in Asian and European markets…
Equities Decline As Headlines Influenced Momentum Fades Away
[caption id="attachment_346460" align="alignleft" width="216"] Economic slowdown[/caption] As bullish relief from trade truce faded, concerns of economic slowdown gripped investors once again. US Wall Street is likely to see dovish price action on headlines influenced momentum. …
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…