Global bond yields continued to spiral lower in Asia on Thursday as recession fears fed expectations of more policy easing by major central banks, though some share markets in the region did manage to steady after an early sell off. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan almost flat. Japan’s Nikkei still fell […]
Forex – Dollar: On Thursday the dollar was slightly stronger in early trading in Europe. Signs of global economic weakness push a retreat from riskier assets. British pound is stead after a flurry of voting on Brexit. However, there is no clarity about the UK’s ultimate destination. The U.K.’s House of Commons voted against all eight […]
Oil prices slid on Thursday after data showed an unexpected rise in U.S. inventories. U.S. Crude Oil WTI Futures slid 0.3% to $59.23. International Brent Oil Futures were down 0.2% to $67.13. The U.S. Energy Information Administration (EIA) reported that U.S. crude stocks increased by 2.8 million barrels last week. Markets previously expected a decrease of 1.2 million barrels. The […]