News

Jan 16
Global shares weather May’s Brexit debacle, pound steadies

Global share markets and the sterling weathered a UK political storm as investors wagered that London will have no choice but to delay its Brexit deadline to avoid a disorderly exit from the European Union. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) ticked up 0.14 percent. Japan’s Nikkei (N225) lost 0.55 percent […]

Jan 15
Gold Prices steady as Equities Bounce Back; Brexit Vote in Focus

Gold prices were flat on Tuesday in Asia as a bounce in Asian stocks stoked interest in riskier assets, although investors remained cautious ahead of a key Brexit vote. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange slipped 0.04% at 1,290.75 a troy ounce. Gold cracked the $1,300 resistance […]

Jan 14
Asia markets fall as investors react to Chinese trade data

Asia markets started the week low as major indexed in South Korea, China, Hong-Kong and Singapore tumbled. The market in Japan is closed for a public holiday. Chinese government showed the data exports and imports of December where fell unexpectedly, deepening concerns of a slowdown in the world’s second-largest economy as Beijing’s trade war with […]

Jan 14
Oil Prices Fall 1% on Weak China Trade Data

Oil prices fell 1% on Monday in Asia after China reported weakening imports and exports in the world’s second-largest crude oil consumer. Crude Oil WTI Futures was down 1.1%, at $51.02 a barrel on the New York Mercantile Exchange by 12:37 AM ET (05:37 GMT) while Brent Oil Futures for March delivery also shed 1.1% to $59.83. “Crude […]

Jan 14
Dollar steady; Aussie, kiwi lower on profit taking

The dollar rose against most of its peers on Monday, although heightened investor expectations that the Federal Reserve will not raise rates this year are most likely to cap the greenback’s gains. The Australian dollarAnd New Zealand dollar edged lower versus the dollar in early Asian trade, falling 0.2 percent and 0.1 percent, respectively. Both […]

Jan 11
Asia stocks reach five-week high. Big gains for yuan

Asian stocks reach up to five-week highs on Friday, after Chairman Jerome Powell reiterated the Federal Reserve will be patient about raising interest rates and news that trade talks between Sino and US are moving to higher levels. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.2 percent to the highest levels since […]