0.0 00 The euro is trading near a three year low against the U.S. dollar as Forex traders are waiting on Germany to release key economic sentiment later in the day today. This data is expected …
Read More »Singapore Downgrades Economic Forecasts
0.0 00 Today, Singapore announced that they are downgrading their economic growth forecast models for 2020. The nation’s economy is coping with one of the highest counts of coronavirus cases outside of mainland China. The Ministry …
Read More »Asian Markets Mixed as Shanghai Gains 1.3%
0.0 00 The Asian and Pacific Rim markets were mostly mixed on Monday as Asian traders tried to gauge the economic impact of the fast spreading and deadly coronavirus. This virus has now infected over 70,000 …
Read More »Asian Sentiment Improves on Trade News
0.0 00 The Asian and Pacific Rim equity markets were mostly higher Friday as trader sentiment improved over trade related news. Asian sentiment remains tilted towards risk off as concerns over the coronavirus remain. In Japan, …
Read More »Gold Prices Jump on Coronavirus Cases
0.0 00 The gold futures contracts gained ground on Thursday during the Asian trade session. Financial market participants were spooked by the sudden increase in coronavirus cases in the Province of Hubei, China. This renewed a …
Read More »Yen Gains as Safe Haven Demand Resurfaces
0.0 00 The safe haven Japanese yen gained ground against the U.S. dollar during the Asian trade session on Thursday. The yen recovered from a three week low after the Hubei Province, in China reported a …
Read More »Asian Stocks Gain Ground as Sentiment Improves
0.0 00 Most of the headline equity markets in the Asian and Pacific Rim were trading higher by Wednesday afternoon, Hong Kong time. Trader sentiment was broadly improved over reports that the spread of new coronavirus …
Read More »Crude Oil Prices Jump Higher as Outlook Improves
0.0 00 Crude oil futures contracts jumped higher during the Asian trade session on Wednesday. China has reported that the number of new coronavirus cases has slowed. The lowest daily number of new cases came in …
Read More »Asian Markets Higher as Hong Kong Leads
0.0 00 The Asian and Pacific Rim markets were mostly higher on Tuesday as volume was thinner than usual as the financial markets in Japan were closed for a public holiday. Asian traders are still worried …
Read More »Dollar and Yen find Support over Coronavirus
0.0 00 Safe have Forex asset classes like the liquid U.S. dollar and the Japanese yen were firmer during the Asian trade session on Tuesday. Both countries saw their government debt also in demand as traders …
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