Asian markets have once again provided a negative backdrop to trading, with the Hang Seng and Shanghai Composite both losing ground after an underwhelming rate cut from the PBoC. Those expecting 15-basis point rate cuts across both the one-year and five-year loan prime rates (LPR) were left underwhelmed when the PBoC opted to only adjust […]


by Joshua Mahony
1 year ago

Chinese economic concerns continue to weigh on investors today, with equity markets throughout Asia, Europe, and the US hit hard on the news that real estate giant Evergrande has filed for bankruptcy in the US. Coming at a time that has seen a number of Chinese firms under the microscope, Evergrande’s announcement is actually just […]


by Joshua Mahony
1 year ago

Markets throughout Asia and Europe have been seeing risk-off flows today, with ongoing concerns around Chinese stability coinciding with a set of FOMC minutes that provided a more hawkish stance than markets had been expecting. In yet another worrying development, the Beijing-based asset manager Zhongzhi has announced that they are in a liquidity crisis, raising […]


by Joshua Mahony
1 year ago

Markets appear to be in a more upbeat mood today, with slight gains in Europe expected to translate into a positive open in the US. Fears in China do remain prevalent as exhibited via the sea of red in Asia, with credit concerns arising after wealth manager Zhongrong missed payments on dozens of products. Losses […]


by Joshua Mahony
1 year ago

US stocks have been on a 6-week decline, however, since Tuesday, the stocks have reversed direction and started a bullish momentum.


by Rufas Kamau
4 years ago
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Scope Markets offers institutional and retail trading services to businesses and traders worldwide. Our top management team has more than 20 years of experience in the industry, and we are proud of the solid partnerships we built over the years. Whether it's a business or individual, Scope Markets has a wide range of trading solutions that are compliant, flexible, cost-efficient, innovative, and place the client first.

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