Tag: APAC

daily market analysis
July 16, 2020 BY Valentina Kirilova

Daily market commentary: The US dollar is staging a modest comeback

EUROPEAN SHARES  European shares slid lower on Thursday, mostly in profit taking moves sparked by disappointing Chinese retail sales this morning. Even if trading optimism has recently been boosted by vaccine developments, today’s poor Chinese data underline that market confidence remains feeble and reminded some investors the path to a full recovery may be longer…

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FMA warning
July 15, 2020 BY Steffy Bogdanova

StarkMarkets and Libra Markets appear on FMA warning list

The New Zealand watchdog found that Stark Markets appears to not be a registered financial service provider in New Zealand. The British Colummbia Securities Commission of Canada found that the website https://starkmarkets.com and its associated entities are named as “StarkMarkets, operated by SWISSGEMS Ltd. and Krisimark Ltd”. FMA also discovered that Libra Markets is not a registered…

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July 14, 2020 BY Steffy Bogdanova

Project Ubin shows commercial potential with the completion of its final phase

Chia Song Hwee, Deputy Chief Executive Officer, Temasek, said: Blockchain technology has great potential in transforming businesses and opening up new business opportunities. Phase 5 of Project Ubin has demonstrated the commercial applicability, viability and benefits of blockchain technology across industries, beyond capital markets and trade finance. This validates Temasek’s efforts in exploring and building…

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July 13, 2020 BY Valentina Kirilova

Weekly data preview: BoC and ECB in view

The unusually large amount of releases affecting GBPAUD this week means that traders should prepare for the possibility of significantly higher volatility. Short-term opportunities in both directions look likely ahead of the crucial Australian job data and claimant count change on Thursday. Key data this week Bold indicates the most important releases for this symbol.…

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FMA warning
July 13, 2020 BY Steffy Bogdanova

Forex Insiders and World Markets appear on FMA warning list

The New Zealand watchdog found that Forex Insiders appears to be offering unrealistically high and guaranteed returns. The company is also not a registered as financial service provider in New Zealand. FMA also discovered that World Markets is not a registered financial service provider in New Zealand. FMA provided details of the bank account used by World…

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SGX announces trading volumes
July 09, 2020 BY Steffy Bogdanova

SGX market turnover for ETFs jumps 61% MoM in June

Total equity index futures traded volume on SGX increased 20% MoM in June to 14.5 million contracts, the highest in three months. Nikkei 225 Index Futures lead by 54% MoM rise in traded volume to 2.23 million contracts. MSCI Singapore Index Futures traded volume grew 14% MoM, while FTSE China A50 and Nifty 50 index…

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