Jun.14 -- The Chairman of the Hong Kong Exchange was caught off guard by China's decision to impose new national security laws in Hong Kong, but remains supportive. HKEX Chairman Laura Cha spoke exclusively to Bloomberg's David Ingles about the bill and the exchange's busy IPO pipeline....
Posted by OFX AUD - Australian Dollar The Australian Dollar continued its bearish trend on Friday following a return to shaky equity prices in global markets this week. Risk appetite continued to improve till mid-week as the local currency regained all COVID-19 trading losses, hitting yearly highs of 70.60 US cents on … Continue reading "Australian dollar continues bearish trend as risk sentiment declines"The post Australian dollar continues bearish trend as risk sentiment declines appeared first on ....
(Bloomberg) -- U.S. and Japanese equity futures retreated and the dollar climbed against major peers after a coronavirus outbreak in China added to concerns of a resurgence in the pandemic.S&P 500 futures opened about 1% lower. Beijing closed the city’s largest fruit and vegetable supply center and locked down nearby housing districts after dozens of people associated with the wholesale market tested positive for the coronavirus. That’s after second-wave concerns intensified in some U.S. locations last week. Crude oil retreated.The prospect of another wave of Covid-19 just as economies continue to reopen is keeping traders on edge and pushed global equities and Treasury yields lower last week. In the U.S., there are rising infections in 22 states. France, meantime, moved to open restaurants to indoor diners as soon as Monday.These are some key events coming up:Policy decisions from the Bank of Japan, Bank of England and the Swiss National Bank are...
