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…
European Equities Post Solid Gains on Improved Risk…
Brexit remains the main focus of investors. Rebound in US T.Yields, and positive cues from Asian market helped European equities open and traded on a positive note. Summary: Asian market saw mixed action with positive…
Sterling Soars on Positive Brexit News
Positive Brexit headlines showed that Theresa May managed to get legal assurances from EU on the on Irish backstop boosting sentiment in Asian trading. In Japan, the Nikkei225 main index added 1.79 percent to 21,503…
Dollar, Bond Yields Fall, Sterling Soars on May…
Summary: Finally, things are beginning to move. Yes! The Dollar lost ground against it’s Major Rivals weighed by lower US bond yields. Jerome Powell in his testimony to the US Senate said that the Fed…
Chinese stocks rally as Trump postpones trade deal…
Chinese stocks finished higher as Sino–US trade talk optimism boosts sentiments. The Shanghai Composite Index is set for the best day since June 2015 adding more than 5 percent to 2,961. In Tokyo, the Nikkei225…
GBP Falls Post BOE Update, Equities Decline on…
Global equity market traded in red as concerns of a Sino-U.S. trade war, a no-deal Brexit, a slowdown in Euro area economic activity and the possibility of another shutdown of U.S. government weighed down investor…
Asian Indices Higher on Renewed Hopes about US-China…
China revealed a bunch of economic data. On an annual basis, fourth-quarter GDP was 6.4%, and the consensus was 6.4%. Analysts were expecting retail sales to be 8.2%, and they came in at 8.2%. Industrial…
Pound Outperforms, Bets Build on Soft Brexit, Dollar…
Summary: The British Pound outperformed, rising to 2-month highs as bets increased for a soft-Brexit. Although many options remain, May’s survival removed some political uncertainty for now. Elsewhere, the Wall Street Journal reported that US…
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…