As the fear over Omicron fades away, global risk appetite rises again. Stock markets in both Asia and the US have bounced back, and riskier currencies like AUD hit the strongest level in a week on Wed...
Deposit in Ethereum and Tether(USDT) is available now. Including Bitcoin, now we have 3 cryptocurrencies available for a deposit. What’s more, during the campaign period, all deposits in crypto...
PBoC said on Monday that it would cut the reserve requirement ratio (RRR) again, by 0.5%. It is the second time this year, and PBoC hoped to release funds in long-term liquidity to boost economic grow...
Last week was a volatile week. Both the FX and equity markets experienced great ups and downs. Overall, USD has been growing aggressively, due to the expectations on earlier rate hikes. Omicron has sh...
USD leaped against AUD and NZD on Friday, ahead of November non-farm payrolls data. Economists expect that 530k jobs have been added in the past month. After Powell’s hawkish comments, more Fed offici...
Wall Street’s major indices fell more than 1% overnight, after the US confirmed the first Omicron case. All three indices breached their key technical levels during the session. Earlier in the week, t...
The DXY Index fell below the 96-level on Wednesday, currently trading at 95.91. Earlier, Powell testified before the Senate Banking Committee hearing that the Fed will discuss whether to wrap up asset...
The currency market has managed to calm down after the initial shock of Omicron’s discovery last Friday. AUD, MXN, and South African Rand all bounced back. Safe-haven currencies such as JPY weakened t...
US President Biden was informed on Sunday that, it will take about two weeks before definitive information on Omicron becomes available. This new COVID variant has sparked new travel restrictions in m...
Australian retail sales rebounded in October by 4.9%, beating the forecast at 2.5%. In September, the growth rate was 1.7%. The strong growth has been supported by holiday shopping and dining. Clothin...