Search Results for: Singapore Exchange
Yuan in Biggest Weekly Drop Since Devaluation as PBOC Eases Grip
December 11th, 2015
Central bank may enter market again after Fed decision: OCBC Yuan weakness trend is inevitable, according to Commerzbank The yuan recorded its biggest weekly drop since an August devaluation on speculation China’s central bank is taking advantage of a stronger ...
Gold sank to the lowest level in more than five years, Silver and platinum dropped to multiyear lows
December 3rd, 2015
Gold Drops as Top Bullion Forecaster Says Rate Rise Near Certain Fed Chair Janet Yellen signals her confidence in U.S. economy Holdings in SPDR shrink by most since 2011 as dollar climbs Gold sank to the lowest level in ...
Asian stocks under pressure from weak commodities prices
November 24th, 2015
A slide in commodities prices pressured Asian resources shares Tuesday, as investors in the region also try to navigate global central banks’ split approaches to monetary policy. Expectations the Federal Reserve will raise interest rates at its December meeting ...
ASX, Kospi maintain winning run; Fed-watch continues
November 23rd, 2015
Asian markets continued to trade mixed on Monday afternoon, following a rally on Wall Street last week as investors continue to look out for comments from central bankers on the trajectory of U.S. monetary policy. Major U.S. indices ended ...
Asian stocks higher as shock of Paris attacks fades
November 18th, 2015
Asian stocks were mostly higher Wednesday as the shock of the Paris terror attacks faded and an uptick in U.S. inflation added support for a possible interest rate hike. KEEPING SCORE: Tokyo’s Nikkei 225 gained 0.2 percent to 19,676.77 ...
Oil Approaching $40 Deepens Investor Pessimism on Recovery
November 17th, 2015
Hedge funds’ short position grew 21% through Nov. 10: CFTC IEA sees `massive cushion’ worldwide on record production Hedge funds have turned more pessimistic on oil as prices flirted with $40 a barrel for the first time since August. ...
Asian stocks bruised by tumbling oil, Fed hike jitters
November 13th, 2015
Asian stocks were battered on Friday, with risk-off sentiment in full swing amid sharp falls in the price of commodities and growing expectations that the Federal Reserve is on track for a rate hike in December for the first ...
Investors going big on derivatives, forex trading
November 12th, 2015
Investors are turning to derivatives and foreign exchange trading in a big way, with a surge in the number of traders and deals being struck. There were 24,500 traders involved in forex deals and contracts for difference (CFD) – ...
China allows direct trade of yuan with Swiss franc
November 10th, 2015
Move part of Beijing’s strategy to promote RMB as a global reserve currency alongside the dollar China‘s national foreign exchange market will introduce direct trading of the Swiss franc, the operator said on Monday, as the country pushes greater ...
Asian stocks rejoice at offshore gains, Japan Post debut
November 4th, 2015
Asian stocks rose sharply on Wednesday, as a confluence of factors including a stellar market debut from Japan Post’s units in Tokyo fueled risk appetite in the region. A fifth straight day of gains for energy counters alongside a ...
