Forex trends Thursday: Euro gains despite downbeat growth signals
The euro gained against the dollar, but Kathy Lien, managing director of foreign-exchange strategy at BK Asset Management, said that was on short-covering, not economic…
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Asia market trends Thursday: Concerns over global economic growth to damp sentiment
Markets globally continue to fret over signs of slowing global economic growth, and Asia shares may open trade on Thursday under a cloud. “Against a…
Forex trends Wednesday: Sterling rises despite few signs Brexit ‘plan B’ will gain traction
Sterling was higher on Tuesday despite U.K. Prime Minister Theresa May’s Brexit plan B appearing unlikely to cut the mustard with parliament any better than…
Asia market trends Wednesday: Economic growth concerns set to weigh shares
Concerns over slowing economic growth were set to weigh Asian markets on Wednesday, after dunking Wall Street on Wednesday amid weak home sales data. In…
Forex trends Tuesday: Brexit developments likely in focus
Foreign-exchange markets will likely be eyeing the latest Brexit developments on Tuesday, with U.K. Prime Minister Theresa May aiming for a “plan B” deal that…
Asia market trends Tuesday: Growing pessimism over global economic outlook
Asian markets will open Tuesday with fresh signs of pessimism over the outlook for global economic growth. Wall Street will provide few cues on Tuesday…
Forex trends Monday: US government shutdown appears to boost dollar
The U.S. dollar has risen since Friday, despite growing worries the U.S. government shutdown could begin to bite into economic growth. Over the weekend, U.S. President…
Asia market trends Monday: Optimism over US-China trade talks may boost shares
Asia’s markets may gain on Monday, tracking rallies on Wall Street on Friday amid optimism that the U.S. trade war with China may be approaching…
Forex trends Friday: Indonesia’s rupiah could drop if market volatility persists, economist warns
Foreign exchange trading of the majors was on the quiet side on Thursday, but while Indonesia’s rupiah was rangebound after the central bank kept rates…
Asia market trends Friday: Potential boost from hopes US-China trade war may ease
Asian markets may head into the weekend on a high note, potentially tracking Wall Street gains amid signs that U.S.-China trade talks could result in…