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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…
Hopes for Avoiding No-Deal Brexit Boosted Risk Appetite,…
Asian equities fell on risk averse trading activity, but hopes for UK parliament voting against no-deal Brexit outcome helped European markets erase early loss. Investors now eye US macro data for directional cues. Summary: Global…
Equities Bleed Across Asia & Europe, Mixed Macro…
[caption id="attachment_330306" align="alignleft" width="236"] Mark Carney, Governor of the Bank of England[/caption] Dovish cues from US Wall Street and disappointing Chinese macro data caused equities to bleed, macro data from EU was positive but does…
Global Growth Worries Send Asian Stocks Lower
Asian indices dropped Tuesday as global growth worries are on the headlines again. Japan’s Nikkei225 index shed 0.5%, while Hong Kong’s Hang Seng lost 0.9% and Shanghai Composite index fell 0.7%, Australian stocks have snapped…
Markets cautious ahead of holidays and political instability…
[caption id="attachment_324320" align="alignleft" width="152"] Steven Mnuchin, US Treasury Secretary[/caption] Asian stocks start of a holiday-shortened week mostly lower with thin volumes on Monday as a Wall Street slump and a partial U.S. government shutdown stemmed…
Traders Awaiting the Key Fed Decision Wednesday
Investors have a week of central bank events looming with meetings of the U.S. Federal Reserve and the Bank of England likely to move markets around the globe. Asian markets gain some ground Monday morning…
European Stocks and Sterling Rebounds from Recent Lows
Asian stocks got a bounce today after reports that Chinese and U.S. officials spoke by phone, a sign that discussions between the world's top two economies continue even after the arrest of Huawei's CFO. The…
Markets searching for direction after global selloff
Summary: Asian shares ended the trading session slightly higher as worries over U.S-Sino trade war were calmed by conciliatory comments from Beijing. In Tokyo Japan's benchmark Nikkei225 added 0.8% to 21,680.15, and Australia's S&P/ASX 200…
Asian Markets Tumbles over 2%
Asian markets indices took a hit on the chin led by technologies stocks after Canadian authorities arrested the chief financial officer of Huawei Technologies for allegedly violating Iran sanctions. Huawei is one of the world's…