0.0 00 The Asian and Pacific Rim markets were broadly lower as traders worry over inflammatory comments from the Trump White House over China. President Donald Trump is accusing China of starting the Covid-19 pandemic in …
Read More »Gold in Flux on Dismal U.S. Labor Data
0.0 00 Gold futures contracts gained ground at the start of the Asian trade session on Friday thanks to dismal U.S. labor data. The bullion is still on track for its biggest weekly loss in over …
Read More »Crude Prices Gain even as US Inventories Grow
0.0 00 Crude oil prices moved higher during the early Asian trade session on Friday. Trader sentiment was lifted by a less than expected growth in U.S. inventory levels as well as supply cuts by the …
Read More »Asian Market Gain as the Nikkei Jumps 2%
0.0 00 The equity indices in the Asian region were broadly higher late Thursday morning as sentiment improved. There are reports that a possible Covid-19 virus cure could be close at hand. Sentiment also rose as …
Read More »Dollar on Back Foot after Fed and Improved Sentiment
0.0 00 The almighty U.S. dollar is nursing its losses after the U.S. Federal Reserve Board left the door open for more accommodative monetary policy to insulate the vast economic damage being done to their economy …
Read More »Asian Markets Drift Higher ahead of the Fed
0.0 00 The financial equity markets in the Asian and Pacific Rim drifted higher by Wednesday afternoon, Hong Kong time. Asian traders are waiting on the Federal Reserve Board to announce monetary policy and rates later …
Read More »Gold Prices inch Lower on Lockdown Easing
0.0 00 The widely traded gold futures contract fell lower overnight and into the Asian trade session on Tuesday. Treasure yields have moved higher, boosting the U.S. dollar, as traders digest news that Covid-19 contagion lockdowns …
Read More »Crude Oil Prices shed another 15%
0.0 00 Crude oil futures contracts extended Monday’s decline of 25 percent into the Asian trade session on Tuesday. So far today, the U.S. West Texas Intermediate (WTI) oil futures contract is down over 15 percent …
Read More »Asian Markets inch Higher before the BOJ
0.0 00 The regional Asian markets inched higher during the Monday morning Asian trade session. Traders are waiting on the Bank of Japan to announce monetary policy as they start their policy meeting today. In Japan, …
Read More »Yen Consolidates ahead of the BOJ
0.0 00 The Japanese yen is trading in a tight range as Forex traders are waiting on the Bank of Japan to meet and announce monetary policy and rates. The Japanese central bank is expected to …
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