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Fed's Barkin's participates in a virtual discussion Fed's Barkin is participating in a virtual discussion. He says: spending is coming back faster than employment Fed continues to do what it can to provide support additional fiscal stimulus would benefit the economy can't find evidence that QE has

Preliminary and priors here: Japan preliminary PMIs (September)  Activity in Japan's services sector contracted for the eight straight month  at the slowest pace since the pandemic began its damage highest in eight months, higher than preliminary  Markit: "Demand across the country remains sub

Dollar and Yen are generally weak in Asian, after being pressure overnight with a return to risk-on markets. US stocks were lifted on as Treasury Secretary Steven Mnuchin “made a lot of progress in a lot of areas” with House Speaker Nancy Pelosi on fresh stimulus. Yet, there was also conflicting mes

Photo: Finance Magnates Plus500 (LON:PLUS), a UK-registered multi-asset broker, has promoted Dani Magner as its new chief product and chief risk officer. Magner was previously the vice-president of product and risk at the brokerage. He joined Plus500 in mid-2015 and attained the position of one of

Photo: FM When security token offerings (STOs) first appeared several years ago, analysts and investors alike saw huge potential: at last, the technology with the capability to leapfrog securities markets into the future had arrived–or, so many seemed to think. After all, traditional securities ma

Photo: FM ThinkMarkets, an online forex and contracts-for-differences (CFDs) broker, is planning for a $300 million initial public offering (IPO) by the end of this year. As reported by the Australian Financial Review on Tuesday, the listing is said to be done on the Australian Securities Exchange

Major trading ranges that have been holding for more than a year have got broken with USD weakness continuing across the board. The trigger seems to have been the compromise struck by the EU leaders on the EU recovery plan. Consensus on the recovery plan albeit after lengthy and intense discussions

The Singapore stock market on Wednesday ended the three-day losing streak in which it had stumbled almost 50 points or 1.9 percent. The Straits Times Index now rests just beneath the 2,650-point plateau and it may see additional support on Thursday. The global forecast for the Asian markets is upbea

Nonfarm payrolls rose by more than expected in June while the unemployment rate fell considerably. However, these gains likely won't be repeated in the next few months due to the recent re-acceleration in COVID-19 cases. June Labor Market Report Stronger Than Expected Data released this morning show

The NZD/USD has surged above the 0.65 level, trading up +0.52% on Thursday as global risk sentiment has rebounded, dominating other global negatives such as second coronavirus waves or Sino-American issues. Economists at Westpac expect the kiwi to test 0.6585 next week.  Key quotes “The rise in sent