Search Results for: Bank of China
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
Early Forex and Shares market review
October 11th, 2017
A broad index of Asian shares touched a decade-high on Wednesday, taking cues from signs of confidence in the U.S. Meanwhile, the euro held onto overnight gains after Catalonia held back on an outright declaration of independence. During the ...
Global stocks are trading near a record high; Investors review
October 10th, 2017
Stocks were mixed on Tuesday as Japan and South Korea reopened, while Treasury yields were steady as trading recommenced after holidays. The dollar declined and Turkey’s lira maintained losses amid tensions with the U.S. that sent it plunging on ...
OTC Clear Welcomes BNP as its First Clearing Member from France
September 19th, 2017
OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX) that was set up in 2013 to provide clearing services for over-the-counter, or OTC, derivatives, welcomes BNP Paribas (BNP) as 17th clearing ...
Stocks Climb in Asia; Yen Falls as Havens Retreat
September 18th, 2017
Stocks advanced in Asia following a record-breaking Wall Street session, while the yen declined as havens retreated amid optimism the U.S. favors a peaceful resolution to North Korea’s nuclear threats. Futures on the S&P 500 Index rose with equities ...
Bitcoin bulls runs wild as cryptocurrency surges above $3000
June 12th, 2017
Bitcoin traded above $3,000 for the first time on Sunday, continuing this year’s massive surge and helped by increased demand from Asia-based investors. After trading in a range for the last week, bitcoin climbed to an all-time high Sunday ...
Stocks Climb in Korea, Japan; Dollar Reverses Loss: Markets Wrap
May 29th, 2017
U.K., U.S., China markets closed for holidays on Monday Dollar erases early loss amid Fed official’s rates comments Stocks in Asia were mixed amid low trading volume and the yen held to a narrow range as investors weighed the ...
Bitcoin is soaring to high levels
May 8th, 2017
Global stock indexes are not the only asset class making new highs on a daily basis. Cryptocurrencies — specifically bitcoin — are soaring to fresh levels as well. Despite two major setbacks for bitcoin in 2017, it has soared ...
Global stocks are near a record high
April 28th, 2017
MSCI Asia Pacific Index set for fourth straight monthly gain Investors assess global earnings before U.S. GDP report Asian equities retreated, trimming a fourth straight monthly gain for the regional benchmark index, as geopolitical concerns intensified and investors assessed ...
Asian Stocks Fall as Dollar Slumps on Trump Talk: Markets Wrap
April 13th, 2017
Japanese shares lead decline as yen strengthens for fourth day Hong Kong equities pare losses amid Chinese export data Most Asian stocks fell after the dollar slumped and Treasury bond yields dropped to the lowest level this year in ...
