Markets News Stocks 

This number provides the most compelling reason to add emerging-market stocks to your portfolio

“But that may not be your best reason to consider EM stocks for your portfolio” writes Investing Columnist for marketwatch.com. Andrew Mathewson, a portfolio manager of the Martin Currie Emerging Markets Fund, argues that lower valuations and the evolution of emerging markets as compelling reasons for investors to diversify beyond U.S. stocks. Source: marketwatch.com

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Markets News 

In swaps we trust? Disappearing dollars drive currency trading dependence

“It affected us in the FX swaps market a great deal” writes Midwest Communications Inc for 95kqds.com. LONDON (Reuters) – As dollars dry up, global finance is growing increasingly dependent on opaque currency trading to keep cash flowing.Reflecting the increased reliance on currency markets to borrow dollars, FX swap volumes have grown to represent 49% of total currency trading, from 42% in 2013, Bank for International Settlements (BIS) figures from August show.”We have dollar liquidity that partly depends on (the) forex swap market, as we don’t have dollar deposits.Unlike regular…

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Markets News Stocks 

European stocks edge lower as US-China talks hit stalemate; Germany avoids technical recession

“European stocks traded slightly lower Thursday morning as trade negotiations between the U.S. and China are understood to have hit a roadblock” writes Elliot Smith for cnbc.com. Asian stocks were mixed during Thursday afternoon trade as Chinese industrial production data missed expectations.Just one month after agreeing in principle on the so-called phase one of a trade deal, the world’s two largest economies have reached a stalemate in negotiations. Source: cnbc.com

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Markets News 

Asia markets mixed as Fed’s Powell indicates rates unlikely to change

“Stocks in Asia were mixed on Thursday as Fed Chairman Jerome Powell indicated that interest rates were unlikely to change going forward” writes Eustance Huang for cnbc.com. Japan’s Nikkei 225 slipped 0.12% in early trade, with shares of Familymart dropping more than 2%.Japan’s economic growth touched a 1-year low in the third quarter, Reuters reported Thursday citing government data.HK/SIN. Overall, the MSCI Asia ex-Japan index was fractionally lower. Source: cnbc.com

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Crypto Markets News 

Bitstamp Crypto Exchange Expands Into Asia-Pacific Region With New Hire

“Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in the Asia-Pacific (APAC) region” writes Joeri Cant for cointelegraph.com. I believe there is a large need for Bitstamp’s mature approach to crypto in this region and look forward to expanding our presence here.” In October, the CEO of cryptocurrency exchange Bitstamp, Nejc Kodrics, highlighted Bitcoin’s (BTC) utility after funds worth almost $1 billion changed hands for less than $4 in fees.Leelarthaepin commented on his new position: “Cryptocurrency adoption in Asia is growing at a breakneck…

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Markets News Platforms 

FBS CopyTrade App Was Awarded as The Best Copy Trading Platform

“In the app, users can create their own portfolios and use multiple filters and stats to find the best Traders to copy” writes Finance Magnates Staff for financemagnates.com. Egypt Investment Expo is an annual event aimed to introduce the best financial opportunities to the investors in Egypt and the Arab world.In late October, the investment community of Egypt gathered at the biggest financial event – Egypt Investment Expo 2019.FBS developers released many updates over the course of the app’s history, and the “Best Copy Trading Platform” award seems to signify…

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Markets News Stocks 

Trump and Powell speeches may deliver a major gut check to stock markets at records

“The Dow Jones Industrial Average is fresh off ringing up its ninth all-time high of 2019 but further records for the market may hinge on a series of speeches by arguably the most important people to the stock market: President Trump and Jerome Powell” writes Mark Decambre for marketwatch.com. Check out: Why would the Fed cut interest rates a 3rd time in a row even as stocks near records?.  Source: marketwatch.com

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Markets News 

Markets hope for positive signs from Trump trade speech

“Daco questioned whether a limited trade deal with China would be enough to draw businesses back off the sidelines” writes Midwest Communications Inc for 95kqds.com. It remains notoriously hard to predict whether Trump will take a positive or negative tone on trade.A positive speech on U.S.-China trade would likely satisfy market participants even without specific details of the “Phase 1” agreement under negotiation, said Jim Paulsen, chief investment officer at The Leuthold Group in Minneapolis.Last week, officials from both sides said they had a deal to roll back tariffs, only…

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Futures Markets News 

Asia shares left guessing on trade, await Trump speech

“MSCI’s broadest index of Asia-Pacific shares outside Japan edged up a slight 0.04%, following a sharp 1.2% pullback on Monday” writes Midwest Communications Inc for 95kqds.com. Trump wrongfooted markets over the weekend when he said there had been incorrect reporting about U.S. willingness to lift tariffs on China. Oil prices edged lower as the lack of progress on U.S.-China trade negotiations kept prices pressured, though bullish inventory data offered some support. [O/R]. SYDNEY (Reuters) – Asian share markets flatlined on Tuesday as uncertainty over Sino-U.S. trade talks and political strife…

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