News

Asian stocks stepped ahead on Friday as sentiment improved on a report that more progress has been made in U.S.-China trade talks and after UK lawmakers voted to delay a potentially chaotic exit from the European Union. Asian stocks MSCI broadest index of Asia-Pacific shares outside Japan gained 0.5 percent. The Shanghai Composite Index added 1.3 percent. […]

The British pound paused for breath on Friday. On Thursday, MPs voted to ask the EU to delay Brexit beyond the current 29 March departure date. The Commons will vote on her withdrawal agreement by 20 March, after previously rejecting it by 230 and then 149 votes. Sterling fetched $1.3253, having dropped further from Wednesday’s nine-month […]

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 […]