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Asian Shares and US Futures Drop, JPY Soars

Asian Shares and US Futures Drop, JPY Soars

Asia’s shares decreased right after US stock index futures drop, as investors were concerned about the growth of the bond yields and eyeing Fed’s comments related to the further tightening of the monetary policy. The JPY currency increased after a 5-day fall. (more…)

Nikkei up Amid Volatile Trade

Nikkei up Amid Volatile Trade

On February 21, the average income of the Nikkei index increased due to shares with high dividends, and the weakness of securities of financial institutions (banks, insurance companies, etc.) was offset by a stable level of the USD/JPY. (more…)

BoJ to Fight for Increase Rates Hike

BoJ to Fight for Increase Rates Hike

On 21 February, Sayuri Shirai, ex-representative of the Japanese central bank, said that the current head of the BOJ would not be able to raise interest rates in 2018 because he had already missed the perfect chance to do so in the previous year. (more…)

Asia’s Shares Gain, USD Recovers

Asia’s Shares Gain, USD Recovers

Asia’s equities increased on 21 February. At the same time, USD advanced as traders switched their attention to the Fed’s reports on the potential tightening of the US monetary policy. (more…)

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GM Asks to Expand Investment in South Korean Plants

GM Asks to Expand Investment in South Korean Plants

On February 21, a member of the South Korean government announced that General Motors had proposed expanding the amount of investments in its loss-making plants in the country to $2.8 million over the next decade. GM requested the Korean authorities to provide funds for financing. (more…)

WTI and Brent movement is opposite

WTI and Brent movement is opposite

The situation in the oil market remains unstable because of the opposite movement of WTI and Brent futures. After the holidays in the US, future contracts for the West Texas WTI rose by 63 cents and amounted to 62.31 dollars per barrel. Analysts say WTI increase is linked to the supply reduction from Canada. (more…)

US Has Chance to Join TPP Again

US Has Chance to Join TPP Again

Recent comments of Donald Trump in Davos concerning possible return of the U.S. to the Trans-Pacific Partnership were well-deceived by Japan. However, the agreement that is to be signed in March was originally developed for 11 member nations. If the US decides to reenter the TPP, it will be necessary to make significant changes in the pact – and it is not that easy. (more…)

Saudi Prince Encourages Investors to Work with the Kingdom

Saudi Prince Encourages Investors to Work with the Kingdom

Three months ago Saudi Arabia took drastic steps to fight against corruption in the country. Many investors were scared of the changes in the policy of the kingdom, despite the fact that corruption was one of the main obstacles on the way to successful cooperation with the authorities and business there. (more…)

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