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Ahead of Friday's holiday for National Day, the Taiwan stock market had climbed higher in seven straight sessions, surging more than 640 points or 5.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 12,750-point plateau and it's expected to open in the green again on Mond

The Malaysia stock market has finished higher in two straight sessions, spiking more than 40 points or 2.7 percent along the way, The Kuala Lumpur Composite Index now rests just above the 1,530-point plateau and it may add to its winnings again on Monday. The global forecast for the Asian markets is

EUR/USD This/Next Week Forecast (September 21 - 25, 2020) Uptrend scenario An uptrend will start as soon, as the market rises above resistance level 1.1930, which will be followed by moving up to resistance level 1.2310. Downtrend scenario An downtrend will start as soon, as the market drops below

USD/CAD bounces off a three-day-old trend line support while flashing the intraday high. 200-HMA, one-week-long resistance line probe immediate upside. Bears will target the yearly lows on fresh entries. USD/CAD rises to 1.3183, intraday high of 1.3187, as markets in Tokyo open for Monday’s trading

At 8:15 am ET Tuesday, Canada housing starts for July have been released. After the data, the loonie changed little against its major rivals. The loonie was trading at 1.5657 against the euro, 79.81 against the yen, 0.9544 against the aussie and 1.3287 against the greenback around 8:20 am ET.

After struggling three straight days to reach an agreement over the long-term budget and the coronavirus recovery fund, the European Council President urge the leaders to make the one last push and break the deadlock on the ‘mission impossible.” Michel said: “My hope is that we reach an agreement an

Photo: FM A Georgia resident and his Florida-based company have been charged of registration violations and misappropriating $890,500 of customer funds though illegal, off-exchange precious metals transactions. The CFTC filed its civil enforcement action in a Florida court against The Alista Group

WTI fades upside momentum from $40.69 but remains positive for the third day in the week. Risk reset confronts OPEC fears of the inventory overhang, easing output cut. Baker Hughes US Oil Rig Count, US dollar moves will be the key. WTI eases from the intraday high of $41.01 to $40.96 as Tokyo opens

Japanese data for the week has started to arrive today but has limited impact on the Japanese yen. The data has arrived as follows: Japan May Retail Sales Retail Sales fall 12.3% year/year - govt. Japanese retail sales shed 12.3% in May from a year earlier, compared with a median market forecast

Denmark's consumer confidence improved sharply in June, mainly due to the improvement in households' assessment of the general economic situation and an increased desire to buy, survey data from Statistics Denmark showed on Monday. The consumer confidence index increased to -3.1 in June from -8.8 in

The dollar was mostly lower against major currencies on Tuesday, ahead of the Federal Reserve's monetary policy announcement. The Fed is scheduled to state its policy tomorrow, at the conclusion of its two-day meeting. The Fed is unlikely to announce any significant policy changes, although traders

Asia is off to a rollicking start to the week with equities performing strongly and currency markets rotating out of haven US Dollars. The turbocharging of bullish sentiment this morning has multiple drivers starting with President Donald Trump. Although scenes showing numerous riots across the USA