0.0 00 The safe haven Japanese yen saw capital inflows as traders looked for safety during the Asian trade session. China’s offshore yuan exchange rate fell lower as risk aversion soared. This also sent Asian and …
Read More »Asian Markets Rise despite Global Tensions
0.0 00 The Asian and Pacific Rim markets were mostly higher to start the week. Traders are monitoring events in Libya that have closed two large oil fields and the Peoples’ Bank of China (PBOC) left …
Read More »Crude Oil Surges on Libyan Pipeline Closure
0.0 00 Crude oil futures soared during the Monday Asian trade session after two Libyan production sites began closing as a military blockaded took hold. This will constrict the supply of oil from this OPEC member …
Read More »Asian Sentiment Boosted by China’s GDP
3.0 01 Asian sentiment was broadly higher during the Asian trade session as most of the Asian and Pacific Rim indices were broadly higher by the afternoon. China’s gross domestic product (GDP) came in as expected …
Read More »Dollar Hits 8 Month High vs the Yen
0.0 00 The U.S. dollar moved higher against its Forex partners during the Asian trade session on Friday. Economic data, released yesterday, showed that U.S. retail sales remain healthy. The world’s largest economy is still growing …
Read More »Asian Markets Quiet after Trade Deal
0.0 00 The Asian financial markets were rather muted on Thursday after the trade deal between China and the United States failed to address some uncertainties. While the overall agreement is seen as a positive step, …
Read More »Gold Prices Firm as Trade Deal Uncertainty Grows
0.0 00 Gold futures are firmer overnight and into today’s Asian trade session. Traders are looking, with some rising concerns, at the details over the phase one trade agreement signed between the United States and China. …
Read More »Asian Sentiment Sours ahead of the Trade Ceremony
0.0 00 Sentiment in the Asian and Pacific Rim took a turn for the worse Wednesday as conflicting trade related headlines concerned Asian traders before today’s trade deal signing ceremony between the United States and China. …
Read More »Yen Gains as Tariffs Might Stay in Place
0.0 00 The Japanese yen gained ground on safe haven in flows and China’ yuan fell lower. Traders are digesting conflicting reports that U.S. tariffs will remain on Chinese goods until after the November Presidential election. …
Read More »Gold Falls before US – China Trade Deal
0.0 00 Gold futures contracts continue to fall lower as sentiment in the global financial markets improves. Traders are gearing up for China and the United States to sign the “phase one” trade agreement in Washington …
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