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Friday European session market review – Correction Phase

Friday European session market review – Correction Phase

The dollar index fell below the 99 mark on Friday in the Asian session, but rebounded back to 99.5 level in the European session, likely to be a technical adjustment after the three consecutive days of decline. As weak fundamentals in oil market, US oil (WTI) is tending to be downward and trading at $23 level. Gold price still fluctuated between $1615-$1625, falling back from the high of $1644.6. View more

The plan passed! Market sentiment has no big change

The plan passed! Market sentiment has no big change

The US Senate has passed the $2 trillion stimulus plans that will be voted by the House of Representatives on Friday morning. However, the news did not provide greater momentum for the markets. The stock market in the Asia-Pacific region was in general weak. The Nikkei retraced significantly, closing down 4.5% to 18664 points. View more

ECB may pave the way for unlimited QE

ECB may pave the way for unlimited QE

Although the European Central Bank did not cut the interest rates after the emergency meeting and only launched bond purchasing plan of 750 billion euros, Bloomberg quoted that the meeting had discussed the Outright Monetary Transactions (OMT), which is much more less restrictive, meaning that ECB may pave the way for unlimited debt purchases. View more

Global pandemic update : no good news

Global pandemic update : no good news

Now, it is worrying that the cumulative number of confirmed cases in the United States exceeded 55000, with a sharp increase of more than 8500 in a single day. The current cumulative number of diagnoses in the United States is the third highest in the world after China and Italy, and is expected to continue to rise in the short term. View more

Big plan coming? Good news to the financial market

Big plan coming? Good news to the financial market

On Wednesday (March 25) in the Asian session, the latest news is that the Republican and Democratic parties will agree on the stimulus plan. The White House also confirmed that news, further boosting the market sentiment. View more

Gold supply fears? Gold price surged

Gold supply fears? Gold price surged

On Tuesday (March 24) major changes happened in the gold market. Due to the epidemic issue, gold mines and refineries around the world have reduced their operations, severely affected the physical supply chain, causing the gold market non function. Banks and brokers were not able to get quotes effectively or fairly. View more

Asian stock market surged! Printing money works?

Asian stock market surged! Printing money works?

The Federal Reserve (Fed) announced on Monday an “unlimited” amount of quantitative easing measures and plans to support credit markets to boost the economy, which has been severely damaged by the global pandemic. The Asia-Pacific stock market is doing well today, with the Nikkei rising by more than 1200 points and the Hong Kong HSI currently rising by nearly 1,000 points. View more

Helicopter! USD index plunged

Helicopter! USD index plunged

The Fed stated that it would purchase "in the amounts needed" U.S. Treasuries and mortgage-backed securities (MBS) to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy. This is in the form of  "unlimited QE". It is also known as "helicopter money". View more

ZFX, Author at Zeal Capital Market - Page 6 of 7

ZFX x MPN Team: Forex Trading Seminar- Successfully Completed!

2020-03-02 / Monday / ZFX News ZFX as a responsible and visionary corporate, we hope to develop our business objectives by creating our trader values. In such case, ZFX Í MPN Team together organised a seminar on Forex trading in the Bangkok, offering rooms of opportunities to our valuable traders. /Insert Video/ Link: https://pan.baidu.com/s/1qtugfV2XWMZe2q80NnYmjQ  Access View more

ZFX, Author at Zeal Capital Market - Page 6 of 7

Stand with Wuhan: ZFX’s Aid for COVID-19

Zeal Capital Market (UK) Limited (“ZFX”) is pleased to announce that all our 2,000pcs/300ml sanitizers were successfully contributed to Wuhan Municipal Public Security Bureau under the help of China Red Cross (Wuhan) on 5 February 2020. Corporate social responsibility has been firmly ingrained in our Group’s culture. ZFX is under an obligation to assist those View more