News

Jan 17
Asia Markets: struggle for gains despite strong US earnings

Asia Pacific shares gave up early gains on Thursday despite strong quarterly earnings in the U.S. and after the U.K. government won a parliamentary confidence vote. Worries over China likely weighed on market sentiment. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) up a slight 0.2 percent Japan’s Nikkei (N225) was almost flat. S&P 500 (ESc1) drifted down […]

Jan 17
TechFinancials announces the sale of its holding in an entity related to B.O.

Binary options technology and brokerage company TechFinancials Inc (LON:TECH) has announced that it has entered into legally binding, conditional Share Purchase Agreement (SPA) with the Cyprus incorporated company Proverial Ltd. The SPA is conditional inter alia on the consent of the SFSA which is to be received by no later than 30 June 2019. MarketFinancials only source of […]

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 […]