Search Results for: Australian dollar
Asian markets trade lower, China bucks trend on IPO reform news
December 10th, 2015
Chinese stocks bucked a generally downward trend in Asian markets on Thursday to trade in positive territory after news broke that Beijing will finally introduce much-need IPO reforms. Oil prices, which remain under pressure due to a global supply ...
Asian stocks at three-week lows on oil drop; Fed eyed
December 8th, 2015
Asian stocks hit three-week lows on Tuesday as a rout in oil prices knocked energy company shares lower and many investors moved to the sidelines ahead of next week’s meeting where the Federal Reserve is expected to raise U.S. ...
Russia’s Central Bank adds yuan to reserve currency basket
December 1st, 2015
According to the sources, the share of Russian reserves in yuan in the near future will remain small and symbolic Russia’s Central Bank has added the Chinese yuan to the foreign exchange reserve basket, two sources close to the ...
Asia stocks mostly climb on ECB easing prospects
November 26th, 2015
Asian markets were mostly higher on Thursday on the prospect of fresh European stimulus even as new data reinforced expectations for tighter U.S. monetary policy. The euro traded above the $1.06 handle, rebounding after hitting a seven-and-a-half month low of $1.0565 ...
10 Forex Concepts You Need to Understand
November 25th, 2015
The foreign exchange (forex, FX for short) is the world’s most liquid financial market, with a daily turnover of $5.3 trillion(1). Each day, governments, multinational corporations, banks, investors and traders exchange currencies on the open market to facilitate ...
Asia stocks stumble on geopolitical tensions, oil stands tall
November 25th, 2015
Asian stocks were on edge on Wednesday as geopolitical tensions flared after Turkey downed a Russian fighter jet, while crude oil prices extended gains. Spreadbetters expected some of the tension to have eased when trading begins in Europe, forecasting ...
Asian shares rangebound amid gloomy oil outlook
November 12th, 2015
Pedestrians walk past a share prices board showing the numbers on the Nikkei 225 at the Tokyo Stock Exchange in Tokyo, Japan. Asian equities were lackluster on Thursday, with weakening commodity prices, concerns over a slower-growing China and a ...
Nikkei, Shanghai outperform lackluster Asia
November 9th, 2015
Asian stocks diverged on Monday, with markets in China and Japan leaping to their highest levels since August 21 while other regional bourses wobbled after below-view trade figures released at the weekend from China. October exports fell 6.9 percent from a ...
Bitcoin to be 6th largest reserve currency by 2030: Research
November 5th, 2015
Bitcoin industry insiders have issued an optimistic prediction for the cryptocurrency over the next few decades, suggesting it could be as widely used as the Swiss franc or the Australian dollar. U.K.-based Magister Advisors, which advises the technology industry ...
Investor sues DBS over Forex trade case
November 4th, 2015
She claims bank misled her into buying ‘useless’ options to protect margin positions A Singapore businesswoman, who lost US$6 million (S$8.4 million) in forex trades, has sued DBS Bank, seeking to restore her accounts to their levels before the ...
