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Sanostro, a platform for trading signal intelligence sourced from leading systematic managers, and AlgoTrader, a leading institutional algorithmic trading software provider, are pleased to announce a partnership to deliver enhanced trading signals to quantitative trading firms. AlgoTrader provides a comprehensive platform for developing, testing and running quant trading strategies that seek to outperform the market. […]
Asian stocks rose to a four-month high on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes, signaling a potential end to its tightening cycle amid signs of slowing global growth. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose to its highest since Oct. 4 and was […]
Forex Currency: The dollar losses against its major rivals on Thursday, with three-week lows after the Federal Reserve dialed back its predictions of future rate hikes this year, amid increasing uncertainty over the global economic outlook. The Fed left interest rates on hold at the conclusion of its meeting on Wednesday. It would be “patient” […]
Asian shares steadied on Wednesday as investors awaited Federal Reserve policy guidance and the outcome of high level trade talks between the United States and China, while drawing relief from Apple Inc’s earnings. Asian shares steadied on Wednesday; Investors await Fed, U.S.-China talks Stocks Japan’s Nikkei was an outlier, dropping 0.5 percent. U.S. S&P 500 e-mini futures tacked on […]
Gold prices traded higher on Wednesday in Asia and hit an eight-month high ahead of a highly-anticipated meeting between Chinese and U.S. officials later in the day. Gold futures contract was up $4.40, or 0.3%, at $1,313.30 on the New York Mercantile Exchange’s; Comex division by 1:30 AM ET (06:30 GMT), the highest level since May 14. […]
UAE Central bank and the Saudi Arabian Monetary Authority (SAMA), have announced a digital currency called Aber. The news was reported by the National Saudi Press Agency on Jan 29. The use of Aber, digital currency, will be limited to financial settlements using distributed ledger technologies (DLT) “on a probational basis and for exclusive use by […]