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MIDEAST STOCKS-Qatari stocks rise as Gulf tensions ease, Dubai extends gain
Jan 5 (Reuters) - Qatar’s stock market rose sharply in early Tuesday trade, buoyed by an easing in the Gulf’s more than three-year diplomatic rift, while Dubai climbed for a third session amid growth in the United Arab Emirates’ non-oil private sectors. Saudi Arabia agreed to reopen its airspace and
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S.Korea stocks pull back from record high, tracking Wall Street
* KOSPI falls, foreigners net sellers * Korean won weakens against U.S. dollar * South Korea benchmark bond yield falls SEOUL, Jan 5 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares pulled back from a record-high on Tuesday, tracking Wall Street losses on uncertainties
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Cboe FX Volumes Signal Solid Uptrend despite December Lull
Photo: FM Institutional spot foreign exchange training venue, Cboe FX Markets, has published its volumes for December, showing a monthly slump in the demand at the end of 2020 but a positive yearly uptick. This is a trend in the forex market, given the year-end holidays. A quick analysis of the dail
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UPDATE 1-London stocks begin 2021 with gains; Ladbrokes owner soars
* UK’s FTSE 100 jumps most in nearly two months * Ladbrokes owner Entain surges on merger proposal * Plumbing parts maker Ferguson sells UK business * FTSE 100 up 2.5%, FTSE 250 adds 1.4% (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Jan
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NZD/USD climbs to 0.7225 area, inching back closer to multi-year tops
NZD/USD caught fresh bids on the first day of 2021 amid sustained USD selling bias. The risk-on environment was seen as a key factor weighing on the safe-haven USD. Bulls seemed rather unaffected by Monday’s release of Chinese Manufacturing PMI. The NZD/USD pair edged higher through the early Europe
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FOREX-COVID-19 proof risk sentiment drags dollar near 2018 lows
* Dollar softens against most majors; virus worries lift yen * China's yuan soars * Focus turns to Georgia Senate race * Europe waits for new batch of PMIs By Julien Ponthus LONDON, Jan 4 (Reuters) - The U.S. dollar held near mid-2018 lows on Monday as bullish sentiment across global markets prompte
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Perkiraan EUR/USD: Tahun Berubah, Tapi Tidak Dengan Tren
Pasar keuangan perlahan akan kembali normal dalam beberapa hari ke depan.Indeks AS menyelesaikan tahun di rekor tertinggi, melemahkan permintaan dolar.EUR/USD secara teknis bullish meskipun ada penurunan korektif jangka pendek terbaru. Pasangan EUR/USD turun pada hari Kamis menjelang penutupan
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South African Bitcoin Trader MTI Enters Liquidation, CEO on Run
Photo: Finance Magnates A Cape Town court has granted a provisional liquidation order against Mirror Trading International (MTI), a South African Bitcoin trader company, as thousands of its clients were unable to withdraw their funds. The orders came as two MTI clients approached the court with an u
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AUD/USD Forecast: Aussie Continues to Power Higher
The Australian dollar broke higher during the trading session on Wednesday as we continue to see strength in the Aussie overall. The US dollar is getting hammered due to stimulus, and it suggests that we are going to continue to go even higher. The stimulus package being signed in the United States
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European Equities: China Private Sector PMIs and Capitol Hill to Influence
The Majors It was a bearish day for the European majors on Wednesday, with the EuroStoxx600 falling by 0.34% to lead the way down. The CAC40 and DAX30 weren’t far behind, with losses of 0.22% and 0.31% respectively. With the year coming to an end for the DAX30, investors locked in profits going into
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USD/INR stuck in range-bound market
After a pandemic ravaged year, the risk sentiments are ending 2020 on a positive note on the back of US fiscal stimulus, Brexit deal and coronavirus vaccine. However, until the global economy is capable of recovering at a rapid pace once COVID-19 is defeated, the upside risk to USDINR spot will rema
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China's blue-chip, start-up indexes hit over five-year high on growth hopes
SHANGHAI, Dec 30 (Reuters) - China’s blue-chip index and start-up board ChiNext both hit their highest in more than five years on Wednesday, as Asian stocks hit a record on hopes of a strong economic recovery next year. ** The blue-chip CSI300 index rose 1.4% to 5,113.71 points, its highest close si
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Asian shares jump to record high as investors bet on healthier 2021
TOKYO (Reuters) -Asian shares hit a record high on Wednesday with investors betting on a strong economic recovery next year, as there is little sign policymakers wind back massive stimulus efforts aimed at staving off coronavirus-fuelled downturns. MSCI’s gauge of Asia-Pacific shares excluding Japan
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Imax Could Post Strong 2021 Returns
Imax Inc. (IMAX) is trading at a 10-month high on Tuesday after an analyst upgrade. The stock was pummeled in the first half of 2020, with movie production shut down and theaters ordered to close to prevent the transmission of COVID-19. Many theaters have now reopened with reduced capacity and traff
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Asia Basks In Stimulus Afterglow
It has been a mostly positive day for Asian markets, taking their cue from Wall Street. Equity markets powered higher overnight after President Trump signed on the stimulus/government funding omnibus bill. The buy everything recovery trade was back in evidence in Asia, with the US dollar easing, and
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Pull-up Update
