Oil prices soared Thursday on tensions surrounding key producer Russia, as equities diverged with traders also tracking interest rate decisions and China’s pledge to support volatile markets. The price of benchmark oil
The prospect of tighter US monetary policy increases the vulnerability of highly-dollarised emerging market banks to a spike in credit losses and pressures on their profitability, according to Moody’s. The rating agency
By Hussein Sayed, Chief Market Strategist at Exinity January has been a month to forget for many investors after hundreds of billions of dollars were wiped out of equity and bond markets.
By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks flashed red Tuesday morning, alongside U.S futures after an explosively volatile session on Wall Street. Equity markets were flung on a chaotic
By Lukman Otunuga, Senior Research Analyst at FXTM An air of caution gripped Asian markets on Tuesday as growing unease over the spread of the Omicron variant drained risk sentiment. The dollar
By Hussein Sayed, Chief Market Strategist at Exinity Group Last Friday could be regarded as 2021’s worst day in financial markets. Risk-off sent stocks, oil prices, commodity currencies and Treasury yields sharply
By Han Tan, Chief Market Analyst at Exinity Group Most Asian markets were in the red Wednesday as concerns persist over contagion risks stemming from the Evergrande saga, a potentially souring global
By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks were mixed on Thursday as investors evaluated the likely impact of surging energy prices and weak economic data from China. Despite the