USDHKD The pair is expected to break down from 200 MA, which will send the pair lower towards a major support line. U.S. President Donald Trump made his most extensive comment suggesting that Hong Kong’s protest movement fate be tied to a trade deal between the United States and China. This was after China accused …
The Chinese government said on Thursday that it hopes that the United States will stop enforcing its unjust tariffs. Beijing said that if the new levies will push through, the conflict may further escalate. The spokesperson from the Ministry of Commerce, Gao Feng, held a briefing with reporters on Thursday morning. According to him, if …
Chinese Gov’t Warns to Retaliate Against US Tariffs Read More »
Digital coins exchange Gemini has confirmed their latest move. They have also announced their plans to launch an exchange in Australia. The Winklevoss twins’ digital coin Gemini is expanding to Australia. It means residents of the country can use the platform. Gemini is allowing residents to buy, sell, and store cryptocurrencies. According to news reports on August …
Asian stock markets increased on Tuesday. Such as China’s Shanghai Composite Index (SHCOMP) rose by 0.2%. On Monday, Shanghai’s Composite Index increased by 2.1%. Another Asian index, which is Hong Kong’s Seng Index (HSI), rose by 0.2% on August 20. It is worth mentioning on Monday Seng Index increased by 2.2%, which is the best …
USDCAD The pair is expected to breakout from 200 MA, which will send the pair higher towards the nearest resistance line. Canada’s ethics commissioner released a report that found Canadian Prime Minister Justine Trudeau violated ethics rules when he tries to pressure his former justice minister and attorney general to drop criminal charges against a …
On Thursday, a sharp overnight loss occurred as U.S. crude inventories unexpectedly rose, oil prices firmed. It was after fears of recession or global financial crisis intensified and economic data out of China and Europe disappointed. Brent crude was down 13 cents, or 0.2%, at $59.35 a barrel, after plunging 3% in the last session. …
Oil and Gold Prices Steady Amid Signs of Financial Crisis Read More »
On Wednesday in Asia, gold prices plunged on global trading. It was after the U.S.’s decision to postpone the tariffs on certain Chinese goods. It has eased the tension between the two sides and dented demand for the safe-haven metal. December delivery of gold futures traded on the Comex division of the New York Mercantile …
Protests in Hong Kong which started in June affected the price of Cathay Pacific shares. Hong Kong’s government decided not to enact the law, which would give authorities the right to send prisoners to mainland China. However, it didn’t stop the protesters to continue protesting against the government. Hong Kong is the Special Administrative Region …
Protests in Hong Kong started in June. Protests began as a response of a law which permitted to extradite prisoners from Hong Kong to China. The problems connected with the ongoing protest in Hong Kong had a negative impact on the price of Cathay Pacific shares. As shares of the company decreased by 4.85% to …
Hong Kong protesters gather at the HK International Airport in an outcry against the government. The move caused Hong Kong stocks to go down. Yesterday, CK Infrastructure Holdings, also known as CKI, went down 1.13% or 0.65 points. CSI Properties lost 1.52% or 0.01 points. AIA Group, the largest publicly listed pan-Asian life insurance organization, …
Hong Kong Stocks Dip Against Airport Rallies | Wibest Read More »
Hundreds of HK nationals sit in Hong Kong International Airport as protest. Majority of the protestors are young HK nationals who were wearing black T-shirts at the time. The protesters handed out anti-government leaflets translated in more than 16 languages to arriving passengers of the terminal. The flyers content were apologies for the “unexpected Hong …
Cathay Pacific Airways Ltd and owner of Hong Kong’s luxury Peninsula highlighted the impact on their business of recent protests in Hong Kong. This is after the escalating cycle of violence exhausts the outlook for the city. The anti-government protests deepened since mid-June. Millions of protestors have joined and occupied the streets of Hong Kong. …
Previously, China retaliated against the US after it let yuan drop past 7 and halted US farm purchases. As a result, the broader Asian market went south. European stocks, on the other hand, bounced back. Wall Street also edged lower in the last session as investors became more anxious over trade worries. Investors see the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDJPY The pair was seen to continue its steep decline after it broke down from major support lines, sending the pair lower toward its 80-month low. New Zealand Dollar broke down following the decision …
STOCK REPORT – Chinese news reverberated through various markets on Tuesday, with markets tumbling for a second day. Wall Street previously closed lower on news that China let its currency sink. Asian markets quickly followed suit after China also ditched buying US farm goods. All these new developments—or lack of progress—contributed to fears that the …
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