Asia's Forex news roundup: Yuan gains On Wednesday, October 20, 2021, Forex news for Asia trading will be: The overnight news of China's state planner (the National Development and Reform Commission of the People's Republic of China (NDRC)) threatening intervention…
Continue ReadingMarkets: NZD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.5% US 10-year yields up 1.7 bps to 1.498% Gold down 0.8% to $1,756.43 WTI up 1.0% to $78.40 Bitcoin up 2.0% to $49,950 European…
Continue ReadingWhile the Fed reaffirms its commitment to full employment, some economists wonder how effective its bond purchase programme and low yields are in boosting the real economy right now. “At the beginning of the pandemic crisis, quantitative easing (QE) had…
Continue ReadingAsia Forex news roundup: Evergrande's $45 million payment is due today. Wednesday, September 29, 2021, Forex news for Asia trading will be : Regional equities were pounded lower Wednesday, following Wall Street's worst day since May of this year on…
Continue ReadingQatar Petroleum has signed a long-term sale and purchase agreement with CNOOC Gas and Energy Trading and Marketing Co., Ltd., a subsidiary of China National Offshore Oil Corporation (CNOOC). Under the agreement, 3.5 million tons per year of LNG will…
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