News Archive

Browse through our recent news articles and market analysis

Dow inched up Thursday but faded on Trump's interim China trade deal flip-flops; Dow set to surge Friday on renewed hopes of a tentative China trade deal

Wall Street inched up Thursday but faded on Trump's...

13/09/2019 - 12:52

The U.S. stock market inched up Thursday but faded from the high on Trump’s interim China trade deal...

EURUSD slid as ECB surprised the market by launching an open-ended QE-2 along with expected deposit rate cut of further -0.10%; all eyes will be now on Draghi

EURUSD tumbled as ECB surprised the market by...

12/09/2019 - 13:12

EURUSD tumbled by almost -0.50% to a session low of 1.0956 as ECB surprised the market by launching an open-ended...

Wall Street almost flat Tuesday, but fades the low on hopes & hypes of U.S.-China trade truce and Bolton’s exit; techs/real estate dragged on the concern of China/U.S. slowdown

Wall Street almost unchanged Tuesday, but fades the...

11/09/2019 - 12:41

The U.S. stock market closed mixed Tuesday, but well-off the session low on hopes & hypes of U.S.-China trade...

EURUSD edged up Monday on renewed hopes of German fiscal stimulus and upbeat Eurozone/German economic data; ECB may only cut its deposit rate by -0.10% on 12th Sep

EURUSD inched up Monday on renewed hopes of German...

10/09/2019 - 08:31

EURUSD closed around 1.1047 in the U.S. session Monday, inched up almost +0.25% on renewed hopes of German...

USDJPY jumped Thursday on the progress of U.S.-China trade talks, upbeat ISM non-manufacturing PMI and ADP job data, but slips Friday on mixed NFP job report

USDJPY soared Thursday on the progress of U.S.-China...

08/09/2019 - 22:32

USDJPY closed around 107.00 in the U.S. session Thursday, soared by almost +0.60% on the progress of U.S.-China...

USDJPY closed almost unchanged Friday, but recovered from the NFP slump on less dovish talks from Fed’s Chair Powell, but Fed is set to cut -0.25% in Sept (as highly expected) and may also cut in Oct and Dec

USDJPY closed flat Friday, but recovered from the NFP...

07/09/2019 - 13:17

USDJPY closed around 106.92, almost flat, but recovered from the NFP slump on less dovish talks from Fed’s Chair...

Dow jumped Wednesday on renewed hopes of U.S.-China trade talks amid ease of HK tensions; Dow set to surge early Thursday on confirmation of trade talks early October

Wall Street jumped Wednesday on renewed hopes of...

05/09/2019 - 13:36

The U.S. stock market jumped Wednesday on renewed hopes of U.S.-China trade talks amid ease of HK tensions and...

USDJPY slid Tuesday on the renewed concern of looming U.S. recession as ISM manufacturing PMI slid into contraction zone but recovered early Wednesday on ease of HK tensions

USDJPY slips Tuesday on the renewed concern of looming...

04/09/2019 - 11:42

USDJPY closed 105.86 in the U.S. session Tuesday, slips almost -0.34% on the renewed concern of looming U.S....

GBPUSD tumbled on lingering Brexit and British political jitters and buzz of a snap poll before EU summit on 17th Oct

GBPUSD plunged on lingering Brexit and British...

02/09/2019 - 21:41

GBPUSD closed around 1.2060 Monday, plunged almost -0.81% on lingering Brexit and British political jitters and...

Wall Street soared Thursday on renewed hopes of U.S.-China trade truce as both sides now increasingly sounding conciliatory rather than retaliatory

Wall Street jumped Thursday on renewed hopes of...

30/08/2019 - 11:14

The U.S. stock market jumped Thursday on renewed hopes of U.S.-China trade truce as both sides now increasingly...

Dow jumped Wednesday on ease of U.S.-China trade war tensions coupled with rebalancing as stock dividend yield now higher than 30Y bond yield; Dow future surged early Thursday

Dow surged Wednesday on ease of U.S.-China trade war...

29/08/2019 - 09:31

The U.S. stock market surged Wednesday on ease of U.S.-China trade war tensions coupled with rebalancing as stock...

Dow crumbled Tuesday as China poured cold water on Trump’s claim that China ‘called twice’ begging for a trade deal

Dow stumbled Tuesday as China poured cold water on...

28/08/2019 - 10:50

The U.S. stock market stumbled Tuesday as China poured cold water on Trump’s claim that China ‘called twice’...

GBPUSD jumped on hopes of another Brexit extension as British opposition lawmakers vowed to prevent a no-deal Halloween Brexit; Britain may be heading for an election

British Pound surged on hopes of another Brexit...

27/08/2019 - 19:47

GBPUSD is currently trading around 1.2295 in the U.S. session Tuesday, surged almost +0.40% on hopes of another...

Dow future. USD jumped USD jumped from a deep plunge as Trump virtually blinked on his China trade war rhetorics and said China ‘called twice’ to make a deal

Dow future, USD recovered from a deep plunge as Trump...

26/08/2019 - 11:49

On early Monday, Dow future, USD recovered from a deep plunge along with risk-trade as Trump virtually blinked on...

GBPUSD jumped Thursday on hopes of smooth and soft Brexit as EU blinks to Johnson’s hard negotiation tactic, but slips early Friday on lingering Irish Backstop suspense

GBPUSD soared Thursday on hopes of smooth and soft...

23/08/2019 - 12:25

GBPUSD closed around 1.2251 in the U.S. session Thursday, soared almost +1.02% on hopes of smooth and soft Brexit...

Dow jumped Wednesday on retailers’ earnings optimism as it indicates robust U.S. consumer spending; Trump’s optimistic China trade comments helped, while less dovish FOMC minutes dragged

Dow surged Wednesday on retailers' earnings optimism...

22/08/2019 - 17:40

The U.S. stock market surged Wednesday on retailers’ earnings optimism as it indicates robust U.S. consumer...

EURUSD inched up Tuesday amid hopes of soft Brexit but under stress on talks of conditional German fiscal stimulus and ECB QE-2 to fight Trump trade war and Brexit uncertainty

EURUSD edged up Tuesday amid hopes of soft Brexit but...

21/08/2019 - 11:08

EURUSD closed around 1.1098 in the early U.S. session Tuesday, almost flat amid hopes of smooth and soft Brexit...

Gold slips on ease of U.S-China trade war tensions as Trump allowed partial Huawei relief despite sounding ‘fire & fury”

Gold slumped on ease of U.S.-China trade war tensions...

19/08/2019 - 21:35

Gold (XAU/USD-spot) closed around 1495.97 Monday, slumped almost -1.16% on ease of U.S-China trade war tensions as...

USDJPY edged up on renewed hopes of U.S.-China trade truce/ceasefire, upbeat retail sales and a rebound in bond yields

USDJPY recovered on renewed hopes of U.S.-China trade...

17/08/2019 - 11:50

USDJPY closed around 106.38 in the U.S. session Friday, edged up +0.17% and well-off the recent low of 105.05 on...

USDJPY slid on renewed fear of an imminent global/U.S. recession amid bond yield curve inversion coupled with lingering suspense of Trump’s trade/cold war with China; Dow tumbled

USDJPY plunged on renewed fear of an imminent...

15/08/2019 - 11:26

USDJPY closed around 105.90 in the U.S. session Wednesday, plunged almost -0.78% on renewed fear of an imminent...

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