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  • Article / 04 August 2017 at 7:00 GMT

    Morning Markets: Risk sentiment wanes ahead of July jobs data

    Senior Editor / Saxo Bank
    Denmark
    Morning Markets: Risk sentiment wanes ahead of July jobs data
    Asian investor sentiment was subdued ahead of the release of nonfarm jobs data in the US. Korea's Kospi Composite headed back into positive territory after sharp falls on Thursday, but it didn't regain much ground lost due to the talk of a hike in corporate taxes. In Australia, the largest listed bank is in hot water with a government funds tracking agency over alleged anti-money laundering breaches.
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  • Article / 06 February 2015 at 7:24 GMT

    Market Open: US nonfarm payrolls in spotlight

    TradingFloor.com Team / Saxo Bank
    Denmark
    Market Open: US nonfarm payrolls in spotlight
    European markets are expected to open lower Friday. Market participants look forward to nonfarm payrolls data in the US along with the unemployment rate which would lend guidance with regards to the timeline for the increase in interest rates by the US Federal Reserve. Traders will also keep a tab on German industrial production figures. Yesterday, the European Commission raised its growth outlook for the Eurozone for 2015 and 2016.
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  • Article / 05 February 2015 at 7:29 GMT

    Market Open: ECB steps up pressure on Greece

    TradingFloor.com Team / Saxo Bank
    Denmark
    Market Open: ECB steps up pressure on Greece
    European markets are expected to open lower today as the European Central Bank suspended the eligibility of Greek sovereign debt as collateral for its liquidity operations. Later today, traders will focus on German factory orders data and the ECB’s economic bulletin along with the Bank of England’s interest rate decision. US trade balance and weekly jobless claims data will also keep investors on their toes.
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  • Editor’s Picks / 30 December 2014 at 2:23 GMT

    Move over Made in EU, here comes Made in ASEAN

    Nikkei Asian Review
    The Association of Southeast Asian Nations may not attract as much attention as the European Union, and lingering regional trade barriers mean that it lags behind in integration terms as well. But the market and manufacturing potential of the populous 10 member bloc offers plenty to get excited about. For instance, ASEAN is making strides towards setting up a unified production base, with supply chains stretching across the region. One example is the Mazda2, which is assembled in Thailand from parts made in Indonesia and the Phillippines. Manufacturers are shifting labor-intensive processes to less-developed ASEAN nations such as Laos and Cambodia, and opening them up to foreign investment. And the start of 2015 will mark a step forward for the regional bloc, with just a year to go until it forms a 600-million-strong single market. ASEAN comprises founding members Indonesia, Malaysia, the Philippines, Singapore and Thailand, and latecomers Brunei, Cambodia, Laos, Myanmar and Vietnam.
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