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  • Binance Australia says banking disrupted as payment provider cuts service

    Binance said on social media that users would be unable to make Australian dollar deposits by bank transfer with immediate effect after payments provider Cuscal cut access.

  • Asian stocks rise to 7-month highs, hot inflation boosts Australian dollar

    Asian stocks rise to 7-month highs, hot inflation boosts Australian dollar

    MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.4% to a seven-month high, with South Korean shares gaining 1.3% as trading resumed after the Lunar New Year holidays.

  • Australia mulling demonetization, caps on cash transactions

    Australia mulling demonetization, caps on cash transactions

    Australian Revenue and Financial Services Minister Kelly O‘Dwyer has flagged a review of the $100 note and announced plans to introduce caps on cash transactions over a certain limit, according to news.com.au report.

  • Rupee opens flat at 66.78 per dollar

    Rupee opens flat at 66.78 per dollar

    The rupee is likely to continue taking cues from the shifts in global risk preference and stay relatively stable ahead of the Fed policy outcome, says Bansi Madhvani of India Ratings.

  • Rupee gains 8 paise; opens at 66.35 per dollar

    Rupee gains 8 paise; opens at 66.35 per dollar

    The 10-year yield could soften by 2-4 bps in the opening session while rupee is likely to stay in range of 66.15-66.85/dollar, says Bansi Madhavani of India Ratings.

  • Yen jumps against dollar as carry trade wanes

    Yen jumps against dollar as carry trade wanes

    Instead, a confluence of factors - worries about banks' profits, a commodities price slump and uncertainty over the Federal Reserve's hiking path - is causing an old favorite, the yen carry trade, to fall out of fashion, which means the currency is moving in the opposite direction to that expected in the wake of the BOJ's surprise rates move.

  • Asia shrugs off losses, Aussie spikes on jobs data

    Asia shrugs off losses, Aussie spikes on jobs data

    MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6 percent, erasing its early modest losses.

  • Global Markets: US dollar up as China devalues yuan

    Global Markets: US dollar up as China devalues yuan

    Asian stocks mostly held firm as investors weighed the implications of the surprise move, which seemed to end months of officially sanctioned yuan strength.

  • Asia shares falter, Aussie dollar hit on soft China PMI

    Asia shares falter, Aussie dollar hit on soft China PMI

    Asian share markets stumbled on Monday and the Australian dollar took a hit after disappointing news on Chinese manufacturing underlined the need for further policy stimulus in the world's second biggest economy.

  • China's factory activity falls to one-year low

    China's factory activity falls to one-year low

    China markets pulled back modestly following the data; Shanghai Composite fell deeper into negative terrain, down 0.3 percent, while the Hang Seng index trimmed gains to 0.6 percent from 0.8 percent.

  • China March flash HSBC PMI contracts to 11 month low

    China March flash HSBC PMI contracts to 11 month low

    The flash HSBC/Markit Purchasing Managers' Index (PMI) dipped to 49.2 in March, below the 50-point level that separates growth in activity from a contraction on a monthly basis.

  • Asia stocks surge, bond yields tumble on Fed caution

    Asia stocks surge, bond yields tumble on Fed caution

    The shift in rate expectations hit the dollar hard at first, though the damage lessened as the session wore on. The formerly friendless euro had found itself as high as USD 1.10625 in wild trade on Wednesday, only to fade to USD 1.0767 in Asia.

  • It's a big week for Australia, China

    It's a big week for Australia, China

    China`s National People`s Congress - the country`s highest organ of state power - meets on Thursday and investors will be watching for comments on economic targets for 2015 and whether authorities will roll out further easing measures.

  • Cross-currency headwinds may impact $ revenue: Mindtree

    Cross-currency headwinds may impact $ revenue: Mindtree

    Rostow Ravanan of Mindtree says currencies moving all over the chart has become the new normal. He believes there may be a 100-150 bps impact on dollar revenue due to the cross-currency headwinds. However, he expects constant currency operational performance to be stable.

  • Indian rupee opens flat at 61.85 per dollar

    Indian rupee opens flat at 61.85 per dollar

    Rupee is expected to depreciate as dollar continues to trade strong and the month-end dollar demand from oil importers may further hurt the currency, says Pramit Brahmbhatt of Veracity.

  • Market cues: Nifty likely to open weak

    Market cues: Nifty likely to open weak

    There were mixed reports on the economic data front in the US. The consumer confidence declined to 88.7 in November from 94.1 the prior month. The gross domestic product in the US climbed at a 3.9 percent annualized rate, up from an initial 3.5 percent estimate.

  • Indian rupee opens higher at 61.03 per dollar

    Indian rupee opens higher at 61.03 per dollar

    Expect the rupee to trade in a narrow range of 60.80-61.50/dollar till the outcome of the FOMC meeting, says Ashutosh Raina of HDFC Bank.

  • Indian rupee opens flat at 61.89 per dollar

    Indian rupee opens flat at 61.89 per dollar

    The dollar-rupee pair will continue to be sold on upticks in the near to medium term. Expected range for the day is 61.52-61.98/USD, says Ashok Gautam of Axis Bank.

  • Indian rupee opens at 61.94 per dollar; down 18 paise

    Indian rupee opens at 61.94 per dollar; down 18 paise

    Expect rupee in a range of 61.75-62.15/USD for the day, says Agam Gupta of Standard Chartered.

  • Is the Aussie dollar heading for parity?

    Is the Aussie dollar heading for parity?

    The Australian dollar could hit parity by year end, some analysts say, after the battered currency began to regain ground this month, helped by positive economic data out of China, the country`s largest trading partner.

  • Euro surveys lift shares after China disappoints

    Euro surveys lift shares after China disappoints

    The data drove the euro to a one-month high against the dollar, helped extend a rally in European shares and sent German bond futures down 0.3 percent.

  • Could this be the week Aussie breaks below $0.90?

    Could this be the week Aussie breaks below $0.90?

    "This is a week when the Australian dollar could break USD 0.90 or squeeze higher," Kathy Lien, managing director at BK Asset Management wrote in a note late Monday, referring to the three risk events.

  • KKR, Carlyle said to eye bids for SingTel's Australia unit

    KKR, Carlyle said to eye bids for SingTel's Australia unit

    France's Eutelsat Communications SA, Blackstone Group and Providence Equity Partners are also expected to bid, the people said. SingTel is inviting first round offers by June 14, one of the people said.

  • More rate cuts in Australia? Here's why not

    More rate cuts in Australia? Here's why not

    Two weeks ago, Australian dollar was knocked down by a broadly robust US dollar. Economists in Australia believe the recent weakness in the Australian dollar is the reason why there would not be further rate cuts this year.

  • Neutral on India with positive bias: Morgan Stanley

    Neutral on India with positive bias: Morgan Stanley

    Equities are our preferred asset class as they are quite reasonably valued now, Jonathan Garner of Morgan Stanley said.

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