Explainer: Bizarre Market Moves On Final FOMC Meeting In 2019
The Federal Open Market Committee (FOMC) decided to keep rates on hold. However, market reactions after the FOMC meeting didn’t match the Fed's statement, challenging its credibility. In this...
FX1 International Registers Trademark in Five Southeast Asian Countries
FX1 International today announced that it has successfully registered its trademark in Singapore, Vietnam, Indonesia, Thailand and the Philippines.
U.S. Key Manufacturing Gauges Dampen Earlier Hopes On Global Recovery
The ISM headline figure dropped to 48.1 last month from the previous 48.3 that prompted global stocks to move back, raising doubts on a global economic recovery.
Muted Market Reaction After Strong China PMI Results
Official manufacturing PMI was above the key threshold of 50 for the first time since April this year. However, yuan remained flat in Monday's trading session as smaller companies continue to...
S&P 500 Cautious On Trump's Trade Comment As Details To Be Focused
US equities made modest gains overnight even after US President Donald Trump said negotiations with China on phase one of the trade deal nears completion.
Alibaba Shares Jump 6.59% iIn Hong Kong Debut
Despite the ongoing protests in Hong Kong, Alibaba Group Holding made a blockbuster debut on the Hong Kong Stock Exchange on Tuesday.
Reasons Behind Alibaba's Listing In Hong Kong
Alibaba’s B2B business was listed in Hong Kong in 2007.
China’s New Bank Loans Drop To Lowest Level In Almost Two Years In October As Manufacturers Feel The Pinch
Our Chief Strategist, Jimmy Zhu, has been quoted on South China Morning Post where he shared his thoughts on the effects of China’s new bank loans dropping down to its lowest level in almost two...
Assessing Delays In The Interim US-China Phase One Deal
Our Chief Strategist was LIVE on Money FM 89.3 giving insights as to whether the interim US-China trade deal will be pushed back to December.
U.S. Fed's Rate Cut in 2019 is Done mid Less Global Uncertainties
The US Federal Reserve, in a hawkish move, announced a pause in rate cuts in its overnight policy meeting. Surprisingly, the dollar slumped while US stocks gained.