News

Mar 18
Asian shares, bonds count on Fed

Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week. Asian stocks Japan’s Nikkei (N225) up 0.59 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) rose 0.6 percent. Shanghai blue chips (CSI300) climbed 1.6 […]

Mar 18
Coinbase adds Stellar Lumens (XLM) on its professional trading platform

Stellar Lumens has just become the latest cryptocurrency to be listed on Coinbase’s professional exchange. Trading on the XLM/USD, XLM/EUR, and XLM/BTC order books will soon start in phases, beginning with post-only mode and proceeding to full trading should Coinbase’s metrics for a healthy market be met. Support for XLM will be immediately available in […]

Mar 15
Asian stocks up as Sino-U.S. trade talks in focus

Asian stocks stepped ahead on Friday as sentiment improved on a report that more progress has been made in U.S.-China trade talks and after UK lawmakers voted to delay a potentially chaotic exit from the European Union. Asian stocks MSCI broadest index of Asia-Pacific shares outside Japan gained 0.5 percent. The Shanghai Composite Index added 1.3 percent. […]

Mar 15
British Pound off 9-month peak; Brexit delay

The British pound paused for breath on Friday. On Thursday, MPs voted to ask the EU to delay Brexit beyond the current 29 March departure date. The Commons will vote on her withdrawal agreement by 20 March, after previously rejecting it by 230 and then 149 votes. Sterling fetched $1.3253, having dropped further from Wednesday’s nine-month […]

Mar 14
Asian markets flat after mixed China data

Asian markets traded flat on Thursday as investors reacted cautiously to mixed data from China, while the pound hovered near nine-month highs as the risk of a no-deal Brexit receded following a late-night vote. Asian markets MSCI’s broadest index of Asia-Pacific shares outside Japan held at 522.06 points. Japan’s Nikkei rose 0.5 percent. Australian and New Zealand […]

Mar 13
Asian shares stumble, sterling at mercy

Asian shares drifted lower on Wednesday as a risk-off mood settled on markets, while a frazzled pound awaited its fate ahead of yet another make-or-break parliamentary vote on Brexit. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) eased 0.45 percent in slow trade. Japan’s Nikkei (N225) led the retreat with a fall […]