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…
Singapore Exchange Publishes Q2, FY19 Financial Report Showing…
Singapore Exchange (SGX) has today reported financial of its second quarter 2019 fiscal, showing a positive and solid growth during the quarter, with a steady year-on-year increase. Revenue during the quarter came in at S$224.1…
Trade Optimism Lifts Asian Markets
[caption id="attachment_324320" align="alignleft" width="119"] Steven Mnuchin, US Treasury Secretary[/caption] US Treasury Secretary, Steve Mnuchin, was considering easing trade tariffs on Chinese imports as the two economic superpowers continue trade negotiations. The signs of possible progress…
Asian Stocks Ended Neutral as UK Government Survives…
Asian stocks have ended the session neutral as concerns emerged by proposed US laws targeting Chinese telcos, including Huawei, could be damaging the Sino-US trade relations, while in Europe U.K. government survived a vote of…
Weak Chinese Data Sends Asian Stocks Lower
China’s trade data was exceptionally weak in Dec, with exports coming at -4.4% Y/Y and imports printing -7.6% Y/Y, compared with market +2.0% and +4.5% respectively. The disappointing numbers send equities lower with Hong Kong’s…
Fed Members Are Starting to Become More Cautious
Trade optimism remained as China and the US extended talks for the third day in Beijing. The latest FOMC minutes overall suggested that Fed members were starting to become more cautious on the US economic…