Antonia Watson is ANZ New Zealand’s new CEO, following David Hisco’s departure LeapRate

June 17, 2019 BY Valentina Kirilova

Antonia Watson is ANZ New Zealand's new CEO, following David Hisco's departure

The Australia and New Zealand Banking Group Limited (ANZ) confirmed the appointment of Antonia Watson as Acting CEO of ANZ New Zealand, following the departure of David Hisco. Mr Hisco’s departure follows ongoing health issues as well as Board concern about the characterisation of certain transactions following an internal review of personal expenses. ANZ New…

May 29, 2019 BY Valentina Kirilova

US adds Singapore to its monitoring list, MAS responds: "We do not manipulate our currency for export advantage"

The Trump administration removed India and Switzerland from its currency monitoring list of major trading partners on Tuesday. The monitoring list, among others, include China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia and Vietnam. The Monetary Authority of Singapore (MAS) responded today that it does not manipulate its currency for export advantage, and added…

May 15, 2019 BY Valentina Kirilova

ATFX releases forex, stock markets, metals, energy, and crypto Q2 outlook report

Forex and CFD broker ATFX has just released a 23-page market outlook Q2 report, incorporating unique data on forex outlooks, the stock markets, metals, energy, and the hot topic of cryptocurrencies. The report includes regional information as well as regulatory information. Alejandro Zambrano, Global Chief Market Strategist of ATFX UK, Ramy Abouzaid, Head of Market…

May 10, 2019 BY Valentina Kirilova

Chinese Stocks at risk of giving back all of their 2019 gains

The following guest post is courtesy of ATFX Global Chief Market Strategist Alejandro Zambrano. The Chinese stock market is under pressure and from its 2019 high of 14237.2 the China A50 index had slid by 12.55% at the time of writing. Chinese stock markets have much like its European and U.S. peers been thriving since the start of…

Twitter’s $787m earnings beats estimates of $776.1m

April 23, 2019 BY Valentina Kirilova

Twitter’s $787m earnings beating estimates of $776.1m

The social network giant Twitter (NYSE:TWTR) has today released its first-quarter earnings. The numbers crushed expectations, sending the stock surging more than 6 percent in pre-market trading. Highlights include: Revenue: $787 million vs. $776.1 million expected in a Refinitiv survey of analysts Earnings per share: adjusted 37 cents vs. 15 cents expected in the Refinitiv survey…

Stax Inc. teams up with Coleman Research

April 17, 2019 BY Valentina Kirilova

Fed’s Policy Shift Year: AETOS analyst Ryan Chen special report – Part III

The following article is courtesy of AETOS analyst Ryan Chen. Part I and Part II of the report can be seen here and here. Impact on foreign currency market of the Fed’s policy shift It is a fact that the Fed has entered the end of its tightening cycle. However, in currency markets, even after the…

April 16, 2019 BY Valentina Kirilova

Trump’s economic advisor, Larry Kudlow, endorses fiscal irresponsibility

We are accustomed to witnessing strange behavior on the part of government officials in developing countries, where the all powerful leader demands loyalty at all costs and directs his minions to do whatever it takes to sustain his position in power. Apparently, according to many of his critics, the Trump administration is headed down a…

April 16, 2019 BY Valentina Kirilova

Fed's Policy Shift Year: AETOS analyst Ryan Chen special report - Part II

The following article is courtesy of AETOS analyst Ryan Chen. Part I of the report can be seen here. Reality not as silky as ideal As early as the end of 2018, there was sign that the Fed was shifting to dovish monetary policy. Fed Chairman Powell said, in a speech at the end of…

April 15, 2019 BY Valentina Kirilova

ATFX Forex weekly market update: April 15, 2019

The following guest post is courtesy of ATFX Global Chief Market Strategist Alejandro Zambrano. As the new week is underway, metal prices have come under pressure, and gold prices look ready for a significant decline. Gold prices bottomed out in August 2018, and when crude oil prices and U.S. stock market indices peaked in October 2018,…

April 15, 2019 BY Valentina Kirilova

Fed's Policy Shift Year: AETOS analyst Ryan Chen special report - Part I

The following article is courtesy of AETOS analyst Ryan Chen. Why the shift in monetary policy Prior to the beginning of 2019, America saw a quarter threatened by a growing crisis. On October 3, 2018, starting with Federal Reserve Board Chairman Powell's statement that "It is still a long way before the neutral interest rate,"…

Category: Market News