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Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signaled a higher bar to further policy. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.36%. Hong Kong shares shed 0.96%, but Japan’s Nikkei rose 1.01%. U.S. stock futures fell 0.23% in Asia on Thursday. The S&P […]
Marex Spectron, the global commodities firm, announced the launch of Marex Financial Products, a structured note business that broadens its range of product offerings and helps diversify the firm’s funding. Marex Financial Products is part of Marex Solutions, the firm’s OTC derivatives arm, and leverages Solutions’ fast growing fintech platform which was initially deployed for […]
Finlogix provides a technologically inspired suite of trading widgets designed to equip traders with cutting-edge tools such as live market data, real-time HTML 5 charting, an all-encompassing economic calendar and social sharing capabilities. It is believed that the innovative suite of Finlogix trading tools, which is described as a one-stop shop for not only experienced […]
Stocks in Asia Pacific were mixed in Wednesday afternoon trade as investors await the U.S. Federal Reserve’s interest rate decision, set to be released later stateside. Stocks in Asia The MSCI Asia Pacific Index slid 0.1% at 1:40 p.m. in Tokyo. Japan’s Topix index fell 0.6%. South Korea’s Kospi rose 0.4%. Hong Kong’s Hang Seng […]
Oil exporter currencies held firm while the dollar found broad support as recent attacks on Saudi oil facilities and the threat of military action in the region kept crude prices kept prices elevated. Middle East risks keep stocks on back foot. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.66%. Chinese […]
Oil prices surged more than 10% on Monday in Asia after a drone attack on Saudi Arabia’s oil facilities eliminated 5.7 million barrels of daily production over the weekend. U.S. Crude Oil WTI Futures surged 11.0% to $60.84 by 9:09 AM ET (01:09 GMT). International Brent Oil Futures spiked 12.7% to $67.77. Drone strikes attacked an oil processing facility […]