Tag: asian markets

January 02, 2024 BY Elizabeth Anderson

Chinese stocks hobble Asian equities as 2024 trading kicks off

Bloomberg reported that Hong Kong’s yardstick for shares dropped by approximately 1.5%. Experts noted the same slide in Taiwan and China. These markets took a further knock when ASML Holdings (ASML), a manufacturer of semiconductors, cancelled several shipments following an alleged request by the Biden Administration. Records show that China’s factory operations dipped to a…

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December 15, 2023 BY Elizabeth Anderson

Oil prices end seven-week losing strike and head for positive outlook

Traders also positioned themselves for improved demand in 2024, anticipating lower interest rates and a strengthened US economy, thus impacting global markets. The IEA supported this notion by slightly revising its oil demand forecast for 2024 this week, although it remained below the projections made by the Organization of the Petroleum Exporting Countries and Allies…

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forex market crypto news and updates
February 10, 2020 BY Valentina Kirilova

Daily Market News: Bitcoin shot through the $10,000 mark

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 10, 2020.  Asian markets were lower on Monday following the news over the weekend that 97 patients who had contracted the coronavirus had died. Major markets across Asia – including Japan’s Nikkei and Hong Kong’s Hang…

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forex market crypto news and updates
November 15, 2019 BY Valentina Kirilova

Daily Market News: Why release of retail sales matter

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for November 15, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, In the fourth book of his brilliant trilogy The Hitchhiker's Guide to the Galaxy, Douglas Adams explains…

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forex market crypto news and updates
April 29, 2019 BY Valentina Kirilova

Daily Market News: Crypto Winter is over

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 29, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: NY AG Pursues Bitfinex & Tether: The crypto market dipped on the news that the New York…

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Smartkarma teams up with CorpXSasia, offering investors independent insight for Asian markets
July 31, 2018 BY Valentina Kirilova

Smartkarma teams up with CorpXSasia, offering investors independent insight for Asian markets

Smartkarma, the global network for independent research on Asian markets, has announced its partnership with CorpXSasia, the Corporate Access provider in Asia that arranges unconflicted and regulatory-compliant meetings between global institutional investors and listed corporates in Asia. This partnership brings value to both companies’ clients by providing a more comprehensive, one-stop opportunity for both Corporate…

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November 22, 2016 BY Valentina Kirilova

Oil jumps 4% reaching six-week high, dollar retraces

Last night, there was another rally in oil prices in anticipation of OPEC members reaching a freeze plan in a meeting next week. In recent days, several OPEC members including Iran, along with non-OPEC member Russia, have suggested they were leaning toward a deal to limit output. This becomes increasingly promising against a backdrop of…

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August 22, 2016 BY Valentina Kirilova

Weekly overview: Euro slips at $1.12830, Asian shares drop

Asian shares dropped on Monday, while the dollar index added 0.4% to 94.879, pulling away from its last week’s lowest mark since June 24. Global central bankers will join the annual mountain retreat opening on Thursday. Fed Chair Janet Yellen will also be taking part with a Friday speech. European markets opened quite lower on…

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