By Lukman Otunuga, Senior Market Analyst at FXTM Asian shares advanced on Thursday following the moderately positive performance from Wall Street overnight, as dovish Fed minutes and easing oil prices supported risk
By Lukman Otunuga, Senior Market Analyst at FXTM Investors will likely remain cautious ahead of a week packed with key data and policy decisions from major central banks. Asian shares declined on
By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets were a mixed bag on Tuesday as weak China data countered the initial optimism set off by Wall Street overnight, after the
By Lukman Otunuga, Senior Research Analyst at FXTM Most Asian equities were mixed on Tuesday as investors digested weaker-than-expected Chinese economic data. Industrial production and retail sales data from the world’s second-largest
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets rose on Tuesday after Wall Street staged a rebound overnight as the historic takeover of Credit Suisse Group AG soothed concerns over
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares rose on Tuesday, following the positive cue from Wall Street overnight, as growth stocks looked enticing ahead of major tech earnings. Mounting
By Jeffrey Halley It is turning into a Black Monday in Asia after US and European equity markets were pummelled on Friday, as China risks also rise again. Oil retreated again Monday
By Jeffrey Halley Wall Street had another schizophrenic day on Friday as May US Non-Farm Payrolls outperformed, rising by 390,000 jobs, slightly less than April, but well above market forecasts of 325,000.
By Jeffrey Halley New York had a relatively quiet session overnight, with Europe’s announcement that its next round of sanctions would include Russian coal imports, having no impact on energy prices. A
By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks were in the red on Tuesday as continuing geopolitical risks and surging Covid-19 cases in China dealt another blow to risk appetite.