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Asian stocks stumbled to a four-month low on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.2 percent. Chinese shares recovered […]
The BrokerTec Quote platform will provide RFQ functionality to European repo market participants to make better-informed trading decisions and enhancements to execution capabilities, according to the firm. The platform will be launch in Q2 2019 and will be made available for European sovereign debt, UK gilts along with supranational and agencies throughout the EU27 bloc. […]
Oil prices recouped more than 1% on Friday but were on track for their biggest weekly loss this year after swelling inventories and jitters over an economic slowdown led to big falls earlier in the week. Brent crude futures were at $68.65 per barrel at 0534 GMT, up 89 cents, or 1.3%, from their last […]
Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a prolonged technology cold war between the world’s two largest economies. Late Wednesday, Reuters reported the U.S. administration was considering Huawei-like sanctions on Chinese video surveillance firm Hikvision over the country’s […]
Asian stocks struggled for traction on Wednesday, as relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about an intensifying trade war between the world’s two largest economies. Asian Stocks In opening European trade, the pan-region Euro Stoxx 50 futures were down 0.03%. Germany’s DAX futures were up 0.01% and […]
Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China’s Huawei, although fears of a further escalation in tensions kept investors on edge. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.35%. Japan’s Nikkei fell 0.4%. The blue-chip CSI300 index rose 1.0%. In New York, […]