News

Mar 01
Asian Markets rose on Friday; MSCI speeds up boost to China

Asian markets rose on Friday, driven by a rally in Chinese markets after index publisher MSCI announced it would boost the proportion of mainland shares in its global benchmarks, while strong U.S. economic data helped the dollar higher. Asian markets South Korea’s KOSPI shed 0.25 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan up more than 0.3 […]

Mar 01
The dollar hovered near a 10-week high against the yen

The dollar hovered near a 10-week high against the yen on Friday, thanks to a surge in Treasury yields after U.S. gross domestic product data topped expectations. U.S dollar was slightly higher at 111.445 yen and within striking distance of 111.495. It’s since Dec. 20 brushed overnight. The dollar index against a basket of six major currencies […]

Feb 28
Asian Stocks Declined on Thursday

Asian stocks struggled for traction on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer deflated some optimism that China and the United States were closing in on a trade deal. Asian Stocks South Korea’s KOSPI shed 0.25 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped in and out of the red. The Shanghai Composite […]

Feb 27
Asian shares slightly up towards a five-month high

Asian shares inched towards a five-month high on Wednesday and the dollar hovered near a three-week low after Federal Reserve Chairman Jerome Powell reinforced the U.S. central bank’s shift to a more “patient” approach on policy in the face of a slowing economy. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan advanced nearly 0.2 […]

Feb 26
Asian shares dropped; pound rise on Brexit delay hopes

Asian shares lost steam on Tuesday after scaling a five-month high as investors waited to see if Washington and Beijing can clinch a trade deal. In other news, the pound advanced on hopes UK Prime Minister Theresa May will delay a Brexit deadline. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan  fell 0.5 percent. […]

Feb 26
Coinbase is launching XRP on its platform

Coinbase announced on their official blog, that will add on the Coinbase Pro platform the third largest cryptocurrency by market cap XRP. Once sufficient supply of XRP is established on the platform, trading on the XRP/USD, XRP/EUR, and XRP/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our […]