Keep calm and guide forward
Wednesday, 19 March 2014, 09:19
Last update: about 13 years ago
Malta Independent
The Nikkei closed slightly in the green posting a small performance of 0.36% ahead of the Fed meeting tonight....
Risk aversion is back on the currency market
Tuesday, 18 March 2014, 09:17
Last update: about 13 years ago
Malta Independent
US equities rallied strongly despite continued tensions over Crimea. In addition, the Chinese housing market slowdown didn’t worry Asian investors and most of the major Asian exchange rallied today,...
Western bloc loses a battle but prepare to fight back
Monday, 17 March 2014, 09:04
Last update: about 13 years ago
Malta Independent
As widely anticipated Crimea referendum resulted in a 95% vote in favour of Russia. The western bloc (mainly made of the US and the EU) disagree firmly with this referendum and they consider it...
Risk off mode, flight to safe haven resumes
Friday, 14 March 2014, 09:18
Last update: about 13 years ago
Malta Independent
Euro losses consolidated this morning and despite still losing to the USD and to the JPY, gains against the rest of the majors have kept it afloat. The JPY and USD are well bid this morning and they...
Kiwi skyrockets after RBNZ rate hike
Thursday, 13 March 2014, 09:37
Last update: about 13 years ago
Malta Independent
The Asian session was rich of market moving events; the main event of the night remains obviously the rate hike from the Reserve Bank of New Zealand....
US Jobs data shows resilience despite bad weather
Wednesday, 12 March 2014, 16:18
Last update: about 13 years ago
Malta Independent
Things got busy towards the end of last week. The outcome of the ECB policy meeting last Thursday proved to be a significant trigger, but it was not the only market mover....
Yen gains favor as China stumbles
Wednesday, 12 March 2014, 09:04
Last update: about 13 years ago
Malta Independent
Risk appetite remained weak as global uncertainty was the dominant sentiment. The Japanese yen enjoyed strong demand while Asian stocks and riskier currencies were under pressure....
Concerns over China weigh on the market
Tuesday, 11 March 2014, 09:07
Last update: about 13 years ago
Malta Independent
Yesterday, US equities closed in red due to China’s wider trade deficit. The situation in Asia was slightly better with the Nikkei posting a small performance of 0.69% in a small rebound move....
US Jobs Market shows resilience despite bad weather
Monday, 10 March 2014, 09:22
Last update: about 13 years ago
Malta Independent
EUR/USD slipped just over 40 pips, to hit day’s lows of 1.3852 after Friday’s US Nonfarm payrolls data hit the wires. For the month of February the US economy created 175k jobs, a strong rise from the...
Euro at 5th weekly gain as ECB holds back further stimulus
Friday, 7 March 2014, 09:15
Last update: about 13 years ago
Malta Independent
The euro stole the limelight yesterday as Mario Draghi took the stand at the ECB’s news conference, just minutes after the communication of the ECB’s latest policy stand....