Latest Market News
Asian markets traded flat on Thursday as investors reacted cautiously to mixed data from China, while the pound hovered near nine-month highs as the risk of a no-deal Brexit receded following a late-night vote. Asian markets MSCI’s broadest index of Asia-Pacific shares outside Japan held at 522.06 points. Japan’s Nikkei rose 0.5 percent. Australian and New Zealand […]
Asian shares drifted lower on Wednesday as a risk-off mood settled on markets, while a frazzled pound awaited its fate ahead of yet another make-or-break parliamentary vote on Brexit. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) eased 0.45 percent in slow trade. Japan’s Nikkei (N225) led the retreat with a fall […]
Asian shares jumped on Tuesday after the European Commision agreed to changes in a Brexit deal before a vote in the British parliament on a divorce agreement. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) jumped to 1.08 percent. Chinese blue chips (CSI300) rose 1.3 percent. CSI300 index has risen more than […]
Oil prices rose on Tuesday on a combination of a strong demand and supply cuts by the producer group OPEC. The financial markets also supported crude futures due to their increased today. However, analysts are still warned of risks to the global economy. US Crude oil futures were at $56.97 per barrel up 18 cents, or […]
Saxo Bank and BinckBank with a joint press release, unveil the details of the recommended public offer by the Offeror for all the issued and outstanding shares in the capital of BinckBank. Shareholders of the Dutch company are set to vote on the €424 million offer on the 23rd of April. Back in December Saxo Bank submitted […]
The pound rallied in early European hours on Tuesday after British Prime Minister Theresa May secured last-minute changes from the European Union for her Brexit deal before a crucial vote in parliament later in the day. The pound was up 0.6% at $1.3230, taking its gains over two days to more than 1.5%. The euro slipped to its lowest against the pound […]