For Traders   |   For Investors   |   For Fund Manager
Login Now
Sign Up

News & Analytic Centre

Japans Nikkei Dips on BOJs ETF purchase plan

TOKYO, March 19 Reuters Japans benchmark Nikkei index fell while the broader Topix hit a 30year high, as the Bank of Japan BOJ said it would only buy Topixlinked exchange traded funds after a review of its policy framework. The Nikkei share average closed 1.41 lower at 29,792.05, while the broader Topix inched up 0.18 […]
Read More

Autonomous Driving Startup Momenta Raises 500M from SAIC

BEIJING Reuters Chinese autonomous driving startup Momenta said on Friday it has received 500 million from SAIC Motor, Toyota Motor and auto parts supplier Bosch, as the global auto industry pursues the autonomous future. Other investors in the funding round include Daimler AG, Temasek, Yunfeng Capital and Tencent, Momenta said in a statement. It did […]
Read More

BOJ Widens Band Around LongTerm Rate Target

TOKYO, March 19 Reuters The Bank of Japan on Friday widened the band at which it allows longterm interest rates to move around its target, as part of a raft of measures to make its ultraeasy policy more sustainable amid a prolonged battle to fire up inflation. As widely expected, the BOJ kept intact its […]
Read More

Australia, NZ dlrs Caught out by Oil Spill, Soft Data

SYDNEY, March 19 Reuters The Australian and New Zealand dollars were on the defensive on Friday after a plunge in oil prices spilled over into other commodities, while domestic economic data turned soft and broke a run of strong releases. A spike in Treasury yields to 14month highs also underpinned the U.S. dollar while slugging […]
Read More

USD Down as Fed keeps Rate Forecasts Unchanged

Rates as of 0500 GMT Market Recap Yesterdays meeting of the Federal Open Market Committee FOMC, the ratesetting body of the US central bank, clarified how the group will react to changes in the economic picture in the context of its new flexible average inflation targeting FAIT framework. This new reaction function requires a much […]
Read More

European Stocks Rise after Fed Decision

European stocks rose on Thursday in the first opportunity to react to the latest Federal Reserve decision, with the big story being the selloff in bonds the central bank did nothing to quell. The Stoxx Europe 600 rose 0.2, with even stronger gains for the Stoxx Europe TMI Value. STVP, 0.81. The yield on the […]
Read More

China is Building Up its Ability to Weaponize Trade, Report

China is diversifying its supply of critical natural resources a move that will shore up Beijings ability to weaponize trade against its geopolitical rivals, according to a newly published report by risk consultancy Verisk Maplecroft. If China has a soft underbelly, it is its high dependency on foreign natural resources, read the report released on […]
Read More

Archives

Categories