According to DBS CEO Piyush Gupta, the massive Hong Kong demonstrations do not cause any “big movement of money” to Singapore. This statement comes after suggestions surfaced, saying that Singapore is benefitting from the ongoing protests in Hong Kong. Singapore and Hong Kong are two countries competing for being Asia’s top financial center. Now, with …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURCAD The pair has fallen steeply in the past weeks, with prices staying under the 50-day and 200-day moving averages, indicating further bearish moves in the near future. The euro has broadly weakened, sticking …
In the early morning trade on Monday, the Asian market traded mostly lesser. Meanwhile, as a Nasdaq-style new technology board in Shanghai launched, Chinese stocks fell. The Shanghai Composite glided 0.8% while the Shenzhen Component dropped 0.6%. A new tech board includes 25 companies. The Science and Technology Innovation Board launched it. In attempting to …
On Thursday, the early signs of the U.S.-China trade war hurt corporate earnings. Wall Street stocks plunged, and Asian share markets weakened. The signs further helped reinforce robust demand for safe-haven U.S. Treasuries. The most significant one-day decrease in four months were MSCI’s broadest index of Asia-Pacific shares outside Japan, 0.3%, and Tokyo’s benchmark Nikkei …
Current Stock Market Fluctuation Plunges US Treasury Yields Read More »
On Monday, the world’s second-biggest economy is seen to be stabilizing a ramped-up stimulus from Beijing after encouraging Chinese data. Also, Investors were reassured while Asian shares progressed. Last year, the growth of the second quarter economy decreased to 6.2%. A separate data showed the country’s industrial production and retail sales which finance records conveniently …
Finance: Asian Shares Boosted by Chinese Data Backing Read More »
This month, worries increased over as investors expect the Federal Reserve to rate cut and wait for China’s trade, lending, and growth data. Besides, the Asian shares went between small losses and gains on Friday. The anticipation was for European equities to open higher. Meanwhile, in Asian markets, an expected Fed cut did little to …
Stock Exchanges: No Stable Movements amid China’s Data Read More »
On Tuesday, after data showed manufacturing activity slowed last month and weakened appetite for risk, stocks gained only a little amid worries the global economy was faltering. Up for a fourth straight day, the MSCI’s All Country World Index that tracks stocks in 47 countries was higher by 0.03%. After the agreement of the two …
GDP: Fears on Slowing Global Growth Strain Asian Shares Read More »
Nike Inc. shares decreased by more than 3% after the release of financial results on Thursday. The company which is famous around the world for its apparel reported a fourth-quarter net income of $989 million or 62 cents a share. It means that during the same period of time last year, income was $1.14 billion …
Nike stocks, trade war and the protests in China Read More »
On Friday, Asian shares slipped. Meanwhile, markets became more uncertain whether the highly anticipated meeting between US President Donald Trump and Chinese President Xi Jinping could result to better trade relations. Signs of rising risks to global growth came out with uncertainty over whether the talks will result into progress in ending the year-long trade …
Asian Shares Weaken, Gold Advances on Trump-Xi Conflict Read More »
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 is continuing an upward move today, coming back from June 14’s low. The price has already converged with the 50-day moving average on the daily chart, which means the price might …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCAD The GBPCAD pair is within a tight range after the pound’s plummet against the Canadian currency as the Middle East tensions mount. Oil prices collapsed last Friday as international trade tensions took the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPUSD The pair sees a semi-solid support at current levels, although it’s still seen going downward. The British pound is still facing amounts of pressure after the first round of the Conservative Party leadership …
Asian stocks fell on Thursday led by the result of the second session in the Hong Kong market. Click here now! – Wibest Broker
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 will continue falling down in the following days with the impending cross over between MAs 50 and 200. Japan is at the center of attention this year as it successfully avoided …
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. NZDJPY The pair was seen to break down from a major support line and to continue its steep decline, sending the pair lower to its nearest support line. With the fallout of Australia, with …
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