
FxWirePro: Sell Hang Seng index targeting at least 10 percent decline
Feb 23, 2018 08:38 am UTC| Commentary
After bottoming in February 2016, over the past two years Hong Kongs benchmark stock index Hang Seng has risen by almost 84 percent before being hit by the global stock market selloff in late January. The index, which is...
Feb 23, 2018 07:46 am UTC| Commentary Economy
Last night, the U.S. Commerce Department announced the initiation of an investigation into imports of Rubber Bands from China, Sri Lanka, and Thailand. The investigations were initiated based on a petition filed by...
FxWirePro: NASDAQ100 looks wobbly compared to other U.S. benchmark indices
Feb 23, 2018 07:15 am UTC| Commentary
We at FxWirePro were short on the European blue-chip index Eurostoxx50 before the global stock market selloffs that rattled investors nerves in late January and early February and after the selloff, we turned bearish on...

Feb 23, 2018 07:05 am UTC| Commentary Economy
New Zealands retail sales volumes were stronger than expected in Q4, with retail discounting, especially across big-ticket items continuing to have a key influence. Retail sales volumes rose solidly (beating market...

FxWirePro: S&P500 likely to reach new record high if support at 2530 holds
Feb 23, 2018 06:10 am UTC| Commentary
Global stock markets selloff that was triggered in last weeks of January rattled investors nerves for two weeks and still continues to do so. We at FxWirePro were already bearish in Eurostoxx50 before the selloff even took...
New Zealand bonds gain at close despite higher-than-expected Q4 retail sales
Feb 23, 2018 06:05 am UTC| Commentary Economy
New Zealand government bonds gained at the time of closing Friday after the countrys retail sales for the fourth quarter of this year came in higher than market expectations. Further, dairy product prices also declined at...
FxWirePro: Asian markets remarkably up, gold hovers around $1,330 mark
Feb 23, 2018 04:39 am UTC| Commentary
All the major Asian indices were trading on a higher note on last trading day of the week. Gold was trading around $1,330 mark while Silver was trading around $16.55 mark. Shanghai composite index to open up 0.2 pct at...
China Signals Subtle Treasury Pullback: Banks Urged to Ease US Debt Exposure
China Signals Quiet Treasury Trim: Banks Told to Ease Up on US Debt
The “Takaichi Trade”: How Japan’s First Female PM Is Shaping the Yen
How the US–India tariff truce boosts major Indian industries, Surat to Pharma