0.0 00 Crude oil futures contracts have extended gains into the Asian trade session and are on track for two straight daily gains. Traders are expecting new fiscal policy measures to offset the economic damage from …
Read More »Asian Markets Gain as the Shenzhen Surges 2%
0.0 00 The Asian and Pacific Rim markets are mostly higher on Tuesday. This comes after a surge on Wall Street. Financial market traders are hoping for more accommodative monetary policy from global central banks in …
Read More »Asian Markets are Higher as Chinese Shares Jump 3%
0.0 00 The headline financial markets throughout the Asian and Pacific Rim are attempting a recovery on Monday morning. However, sentiment remains quite mixed. Asian traders are digesting weaker than expected manufacturing data out of China, …
Read More »Japanese Yen Trades Near a 7 Week High vs the Dollar
0.0 00 The Japanese yen is trading near a seven year high against the U.S. dollar as traders flee into safe haven asset classes. On Friday the USD/JPY Forex market saw its largest daily loss since …
Read More »Asian Markets Dive Lower as the Nikkei sheds 4%
0.0 00 The Asian and Pacific Rim financial markets are selling off on Friday. Regional traders throughout the Asian area are concerned that the coronavirus, technically called the COVID-19 strain, will become a global pandemic. The …
Read More »Gold Futures Rise on possible Pandemic Fears
0.0 00 Gold futures rose during the Asian trade session on Friday. Financial market traders looked for safety as sentiment soured further. The financial markets are worrying over the rapidly spreading COVID-19, coronavirus, as it could …
Read More »Dollar Holds onto Gains as Sentiment remains Poor
0.0 00 The almighty U.S. dollar continues to hold onto gains against the safe haven Japanese yen during the Asian trade session on Thursday. Forex traders are closely monitoring the spread of the coronavirus that is …
Read More »Crude continues to Slide in Bear Territory
0.0 00 Crude oil futures contracts continue to push lower. Overnight, oil fell over two percent on a fresh batch of negative coronavirus headlines. There have been hundreds of new cases reported in Asia, Europe and …
Read More »Asian Market Bleed as Australia shed 2%
0.0 00 Asian and Pacific Rim markets were broadly lower Wednesday as the Australian benchmark, the ASX 200 led the way as it shed over two percent. Asian traders are spooked over recent coronavirus headlines which …
Read More »Gold Futures Gain on Pandemic Fears
0.0 00 Gold futures contracts continued to inch higher during the Asian trade session on Wednesday. The spot contract is trading near a seven year price point, set earlier in the week. The United States has …
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