Asia Stocks Having a `Bear-Market Bounce,' JPMorgan Asset Says
(Feb 4): What we’ve been witnessing in Asia and the emerging markets could just be a “bear-market bounce.” That’s how JPMorgan Asset Management views the January…
(Feb 4): What we’ve been witnessing in Asia and the emerging markets could just be a “bear-market bounce.” That’s how JPMorgan Asset Management views the January…
(Feb 4): Don’t be fooled into believing that the emerging-market rally fueled by a “patient” Federal Reserve will last throughout 2019. Satoru Matsumoto, a fund manager…
(Feb 4): Adam Savarese, who helped lead distressed-debt trading at Goldman Sachs Group Inc., is leaving the firm amid an ongoing churn among the investment…
(Feb 4): Two-thirds of Americans oppose President Donald Trump declaring a national emergency if Congress doesn’t offer up the funds he wants to build a…
(Feb 4): Theresa May is launching a new working group to look for a Plan B on Brexit, but the prime minister’s latest initiative comes…
KUALA LUMPUR (Feb 4): RHB Research Institute Sdn Bhd expects Malaysia’s M3 and loan to grow at a healthy pace of 5.5% and 5.2% in…
NZDUSD may stall at near-term resistance as the fundamental tailwinds that spurred the rally fade. The pair now rests between key technical levels.
Internal buying pressure is back in the crude oil market when looking at futures spreads, geopolitical tensions leading to supply constraints, or a stronger US earnings seasons all showing demand may be better than feared.
Sterling has moved lower over the week against EURGBP and GBPUSD after last week’s overbought conditions but both pairs have yet to challenge annulment levels.
The Dollar extended its tumble this past week helped along by the Fed’s dovish tone. Yet when it was time to establish conviction, bears couldn’t break 8-month channel support and the 200-day moving average. We are likely to see further attempts.
Gold rallied to eight-month highs on the back of the FOMC with price now testing Fibonacci resistance. Here are the levels that matter on the XAU/USD weekly chart.
KUALA LUMPUR (Feb 2): After a difficult year for equity markets last year, 2019 is still expected to be plagued with volatility as various risks…