Tag: #AxiTraders
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Oil prices seesaw in early Asian trade
Singapore, March 11 (AFP/APP): Oil prices seesawed in early Asian trade Wednesday, a day after a strong rebound from a major rout triggered by the start of a price war between Riyadh and Moscow. West Texas Intermediate fluctuated between small losses and gains, with the price hovering around $34 a barrel, while Brent crude was…
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Asian markets swing after recent gains but mood remains upbeat
Hong Kong, Jan 20 (AFP/APP): Most Asian markets fluctuated Monday as investors took a step back after last week’s rally, though the mood remains upbeat after the China-US trade pact was signed, while the global outlook appears a little rosier. Focus now turns to the release of corporate earnings, with big US names including Netflix,…
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Tokyo shares open higher on Wall Street gains, higher dollar
Tokyo, Jan 17 (AFP/APP): Tokyo shares opened higher on Friday after US markets finished at new record highs thanks to bright corporate earnings and a higher dollar that also encouraged investors. The Nikkei 225 index added 0.76 percent or 181.87 points to 24,115.00 in early trade, while the broader Topix index gained 0.49 percent or…
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Asian markets mixed as focus moves to China-US pact
Hong Kong, Jan 13 (AFP/APP): Asian markets were mixed Monday as investor attention turned from the Middle East to the global economic outlook and this week’s planned signing of the China-US trade pact. While the optimism that characterised the end of 2019 is returning to trading floors, dealers were left a little disappointed by a…
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Asian markets mostly higher as Iran fears recede, eyes on US jobs
Hong Kong, Jan 10 (AFP/APP): Asian markets rose Friday but investors were struggling to maintain a rally triggered by easing US-Iran tensions the previous day as focus turned back to the global economic outlook. The toning down of rhetoric from Donald Trump and Tehran following an Iranian missile attack on US assets in Iraq soothed…
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Oil spikes, stocks plunge after Iran attacks
Tokyo, Jan 8 (AFP/APP): Oil prices spiked Wednesday and Tokyo stocks plunged as investors took fright at escalating tensions between the United States and Iran after Tehran launched missile attacks on US forces in Iraq. As news broke of a missile attack against two airbases in Iraq housing US and coalition forces, the benchmark Nikkei…
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Asian markets mostly rise but dealers show signs of slowing
Hong Kong, Dec 18 (AFP/APP): Asian markets edged up Wednesday but investors appear to be taking their foot off the pedal after the recent trade deal-fuelled rally, while sterling extended losses after Prime Minister Boris Johnson fanned fresh fears of a no-deal Brexit. The region was given yet another strong lead from Wall Street, where…