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Oil exporter currencies held firm while the dollar found broad support as recent attacks on Saudi oil facilities and the threat of military action in the region kept crude prices kept prices elevated. Middle East risks keep stocks on back foot. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.66%. Chinese […]
Oil prices surged more than 10% on Monday in Asia after a drone attack on Saudi Arabia’s oil facilities eliminated 5.7 million barrels of daily production over the weekend. U.S. Crude Oil WTI Futures surged 11.0% to $60.84 by 9:09 AM ET (01:09 GMT). International Brent Oil Futures spiked 12.7% to $67.77. Drone strikes attacked an oil processing facility […]
Asian stocks were mixed in Monday afternoon trade, as oil prices surged following drone attacks over the weekend that hit major oil production facilities in Saudi Arabia. Asian stocks The Shanghai composite up 0.1% The Shenzhen component gained 0.34%. Shenzhen composite added 0.503%. Hong Kong’s Hang Seng index shed 1%. Shares of Hong Kong Exchanges […]
Asian stocks rallied Friday on continued hopes for a break in the US-China trade war. Investors are staying positive ahead of highly anticipated trade negotiations between the United States and China in the coming weeks. The two countries have showed signs in recent days that they are interested in easing the tensions between them. Asian stocks Markets in mainland […]
Tassat, a global provider of financial infrastructure technologies and products for the digital economy, announced today that it has teamed up with AlgoTrader to provide institutional clients with is automated, quantitative trading software. The partnership will also include direct access to Tassat’s cryptocurrency derivatives to be offered soon on a regulated exchange. The partnership will extend […]
Stock markets and bond yields held steady on Wednesday, as hopes of easing U.S.-China tensions and diminished risk of a no-deal Brexit prompted traders to take profit before key central bank meetings. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4%. Japan’s Nikkei average climbed 0.9%. The Topix Value index jumping 1.9% whereas […]