Asia Points to Continued Rally

Asia Points to Continued Rally

Most Asian markets rose Thursday following a positive lead from Wall Street, while the pound was marginally higher as traders await the next Brexit move with the EU expected to extend Britain’s divorce deadline yet again. While US earnings on Wednesday were a mixed bag, investors remain broadly upbeat after better-than-forecast results so far have […]

IDR – Asain Currencies Drifting Low

IDR – Asain Currencies Drifting Low

Asian currencies drifted lower on Wednesday as the US dollar held onto its gains after upbeat retail sales data suggested the economy continued to gain momentum in the third quarter, reinforcing the possibility of another rate hike by the Federal Reserve this year. US retail sales recorded their biggest increase in seven months in July, […]