The Australian stock market is advancing on Thursday following the overnight rally on Wall Street after the Federal Reserve left interest rates unchanged and reiterated its commitment to use its full range of tools to support the U.S. economy. Upbeat earnings results from miner Fortescue Metals also
Blockchain intelligence platform Chainalysis has launched a new data-driven portal that offers comprehensive tracking of cryptocurrencies worldwide under the ‘Market Intel’ brand name.
Leveraging its various data repositories, the new website, which caters to asset managers and regulator
Back in May of this year analysts predicted that the US Dollar Index (DXY) which measures the value of the US Dollar compared to a basket of other currencies would most likely decline over the coming months as we head towards the US election in November. The decline of the US Dollar since the March
Market Review - 15/07/2020 23:40GMT
Dollar pares initial losses on short-covering Although the greenback fell across the board on Wednesday on return of risk appetite triggered by optimism over a coronavirus vaccine optimism, dollar later pared intra-day losses in New York due to short-covering.
After ending the previous session little changed, treasuries moved to the upside over the course of the trading day on Tuesday.
Bond prices gave back some ground going into the close but remained firmly positive. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its pri
June 30 (Reuters) - Developing world stocks edged higher on Tuesday and were set for their best quarter since 2009, as improving economic readings raised hopes of a quicker global economic recovery from the coronavirus crisis.
The MSCI’s index of emerging market equities rose about 0.5% after a four
The Business Confidence released by the ANZ shows the business outlook in New Zealand has beaten the prior as follows:
New Zealand business confidence -34.4 pct in June vs 41.8 - ANZ bank survey.
New Zealand business own activity outlook -25.9 pct vs -38.7 pct prior - ANZ survey.
A vigorous bounc
Australia's private sector rebounded in June reflecting the loosening of restrictions related to the coronavirus pandemic, survey results published by IHS Markit showed Tuesday.
The Commonwealth Bank flash composite output index climbed to 52.6 in June from 28.1 in the previous month. A score above
As per the latest coronavirus (COVID-19) figures from Germany's Robert Koch Institute (RKI), the European major reported a total of 187,184 coupled with 8,830 deaths.
Elsewhere, Global Times (GT) reported that Beijing's local cases rose to 557 by Tuesday. Among them, 411 were discharged while nine p
U.K. stocks were moving lower on Thursday, with rising U.S.-China tensions and concerns about a new spike in coronavirus cases denting investor sentiment.
Meanwhile, U.K. private sector output remained on a steep downward trajectory in May due to business shutdowns amid the coronavirus, pandemic, ac
Fed’s willingness to do ‘whatever it takes’ and hopes over the coronavirus treatment continued to buoy the risk tone in Asia despite fresh US-China tensions brewing up around the trade deal.
The US dollar did find some haven bids on US President Donald Trump’s words of caution. Trump said that the t
Photo: Finance Magnates
FTX, a Binance-backed derivatives exchange, is planning to enter the United States market offering sport cryptocurrency trading.
First reported by The Block, the crypto exchange is already testing its new United States-based services in beta phase and is targeting to fully
S&P 500 Futures fails to hold onto Friday’s gains.
The coronavirus fears keep the risk-tone heavy, ignores US aid package and US President Trump’s push for economic restart.
A light economic calendar ahead of the US session keeps virus updates as the key catalyst.
S&P 500 Futures defies Fri