0.0 00 Asian and Pacific Rim Markets started the week on the back foot as the equity indices, in China, opened, after a long holiday break. Chinese equities tumbled more than seven percent at the open …
Read More »Crude Oil continues its March Lower
0.0 00 Crude oil futures continued their march lower on Monday during the Asian trade session. Chinese financial markets reopened after being shut last week for the Lunar New Year holiday and a private Caixin survey …
Read More »Asian Markets mostly Higher on Chinese Data
0.0 00 Asian and Pacific Rim markets were mostly in the green by lunchtime. Official Chinese manufacturing data met expectations, thus improving sentiment. However, regional traders are still worried about the fast spreading Wuhan strain of …
Read More »Gold Prices inch Lower Despite the Corona Virus
0.0 00 Gold futures contracts inched lower during the Friday Asian trade session. This comes after economic data, out of China, showed that January manufacturing activity held steady. Services data also held steady. Traders are still …
Read More »Asian Equities Remain on the Defensive
0.0 00 The equities in the Asian and Pacific Rim remain on the defensive. Regional Asian sentiment remains risk off as traders worry about the rising death toll of China’s Corona virus outbreak and the speed …
Read More »Dollar Trades at 2 Month High after the FOMC
0.0 00 The dollar index is trading near a two month high as traders look for safe haven safety. Other safe haven assets likes the Swiss franc and Japanese yen were also firmer as traders continue …
Read More »Crude Oil Prices Rise for a Second Day in a Row
0.0 00 Prices of the benchmark crude oil futures are ticking higher for the second day in a row. Oil prices had declined for five straight days prior to this recovery. Oil prices were negatively affected …
Read More »Asian Markets Mixed as Hong Kong Sheds 2%
0.0 00 Asian and Pacific Rim indices were mixed on Wednesday. Asian traders are still concerned about the coronavirus outbreak and government response to stem the outbreak. Shares in Hong Kong tumbled nearly two percent, after …
Read More »Crude Oil Dips for 6th Day in a Row
0.0 00 Crude Oil futures have now fallen for six straight days. Oil traders are worried about the ongoing economic impact of the deadly coronavirus out of China. There are worries that global growth will be …
Read More »Kospi Composite Sheds over 3%
0.0 00 The headline equity bourses in the Asian and Pacific Rim were bleeding on Tuesday as Asian traders are concerned about the fast spreading viral coronavirus out of China. Safe haven asset classes, like gold …
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