News - All

Home Support Regulation Contact Us Live Chat English Mandarin

News

All

Asian markets are higher again this morning as trade data out of China showed better than expected exports, coming out with a rise of 14.7% against a consensus forecast of 9.2%. Markets are very close to 5 year highs as investors see no end to central bank easing in the near term.

Read more

Asian markets are firmer this morning, dominated by the performance of the Nikkei which is higher by around 3%, somewhat catching up with global markets after being closed, Toyota rose over 4% ahead of earnings tomorrow. Elsewhere, the RBA cut rates to a record low of 2.75%.

Read more

Asian markets climbed this morning to 5 year highs on better US macro data and the view that major central banks will continue easing. Japan released a manufacturing PMI which showed the fastest expansion in over a year and Taiwan released quarterly growth data which came in below forecasts at just over 1.5%.

Read more

A report out over the weekend showed that Chinese corporate profit growth is somewhat stalling, with net income growth for March at 5.3%, after rising of 17% in the first 2 months of the year.

Read more

In Europe, equity futures are slightly higher, ahead of GDP numbers out of the UK. Moody's said it remains concerned about Spain's repeated upward revisions to budget deficit outcomes.

Read more

European futures are around 30bps firmer after posting impressive gains yesterday, ahead of key announcements from the ECB and BOE. Also keep an eye out for German IFO data.

Read more

European equity futures are around broadly flat ahead of Eurozone manufacturing data. The EC may allow a Spanish 2013 budget deficit of 6.5% from the current target of 4.5%, according to sources.

Read more

In Europe, equity futures are higher by around 50bps, ahead of Eurozone consumer confidence data. Fitch cut their rating on the UK to AA+ from AAA reflecting weaker economic and fiscal outlook.

Read more

Asian markets are firmer this morning, buoyed by a view from a government economist saying that growth will rebound this year. Technology sectors outperformed as Taiwan Semiconductor rose almost 7% after beating forecasts with their quarterly results.

Read more

Asian markets mainly lower following the lead of global markets, as commodities continue to trade lower, copper is off around 3% this morning. LG Displays, which supplys touch screens for Apple's iPhone fell over 4% as other suppliers highlighted an inventory glut pointing to falling sales.

Read more

In Europe, equity futures are looking flat ahead of UK unemployment data. The Cyprus finance minister has said that he anticipates a gold sale in the next few months and that the decision was made by the Troika.

Read more

In the US, equity markets closed sharply lower at session lows, on concerns of global growth and the Boston bombings. Today, Blackrock, Coca Cola are due to release earnings. Also look out for US CPI and housing data.

Read more

In the US, markets continued to make fresh highs buoyed by better than expected jobless claims data, today we have retail sales but possibly more of interest will be earnings from both JP Morgan ($1.39) and Wells Fargo (89c). Elsewhere, an IMF draft report cuts the US growth outlook for 2013 to 1.7% from 2%.

Read more

US markets rallied yesterday with the S&P making fresh all time highs on optimism over corporate earnings. Today the Fed will release minutes for their March meeting.

Read more

US markets closed at session highs last night ahead of optimism on corporate earnings, as Alcoa released their earnings after the close, with an EPS after exceptional charges of 11 cents. Today we have wholesale inventory data due and NFIB small business optimism.

Read more