The market has maintained its calmer mood in recent days, while COVID-19 concerns are gradually creeping in. For the time being, however, that is insufficient to derail the risk rally/rebound following the decline to begin the week on Monday. European…
Continue ReadingAsia FX news roundup: NZD slightly lower, JPY slightly higher Regional equities rose again today, with China and Hong Kong following Wall Street's lead on Wednesday. Japan's markets were closed for the holiday, and they will be closed again tomorrow.…
Continue ReadingIt was a slow-paced session, with broader markets remaining stable. In the last two days, equities have risen slightly, but Treasury yields have also risen. 10-year rates have risen somewhat but remain just below 1.30 % for the time being.…
Continue ReadingThe market took a break following the rapid and hefty changes seen yesterday, where risk trades were dumped, and it was a quiet session in terms of news. Things were calmer today, as European shares traversed some of yesterday's losses,…
Continue ReadingToday, Sunday, the Iranian authorities carried out the first operation to transport oil through a pipeline from Kore-Jask bypassing the Strait of Hormuz. The Jask oil terminal and pipeline project has been built near Jask port in Iran's southern Hormozgan…
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