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Asian Market Update – Thursday: Asian stocks point higher on prospect of US debt ceiling deal

Posted on September 7th, 2017.

The Big Question: How would a US government shutdown affect the markets? Major equity markets in the Asia Pacific edged up on Thursday, trimming down earlier losses from sell-offs amid rising tensions on the Korean Peninsula, as investors appeared to be relieved about the reduced likelihood of a shutdown in the US government. In Japan,...

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Market Overview

Asian Market Update – Friday: Dollar is Up as Central Bankers Get Ready For Big Event

Posted on August 25th, 2017.

The Big Question: Is the weakness seen in the dollar this year finally coming to an end? The US dollar edged up in the early hours of the Asian trading session on Friday, extending a recent uptrend in the USD/JPY chart. The dollar gained some 0.10 percent against the Japanese yen before midday in Tokyo trading. All eyes are now on the...

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Bitcoin

Asian Market Update – Wednesday: Bitcoin Resurges From Brief Correction

Posted on August 23rd, 2017.

The Big Question: Bitcoin seems to be out of correction territory, but for how long? Bitcoin prices rebounded overnight during Asian trading hours, shrugging off earlier losses, suggesting that the virtual currency might be out of the correction the followed earlier peaks, at least for now. Bitcoin started to spike in the early hours of...

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Bitcoin

Asian Market Update: Bad Day for Coins – Both Bitcoin and Ethereum Are Down

Posted on August 22nd, 2017.

The Big Question: Has Bitcoin Reached a Temporary Peak? Investors might be losing confidence over a recent rally that saw a few record highs in Bitcoin price. After trading above $4,300 on Thursday, the price for Bitcoin fell sharply, and is currently trading below $3,700, well below the $4,000 mark. Some traders are reportedly losing...

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