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Russia banned for 4-years from Olympic Games over doping scandal
Author: PhillisMccallist
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Russia banned for 4-years from Olympic Games over doping scandal
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Shares Gain ahead of Busy Week, FOMC, BOE, SNB in Focus
Shares in Asia strengthened on Monday, extending last Friday’s gains as investors have turned more positive over ECB’s aggressive stimulus measures. This has overshadowed the disappointing macroeconomic data in China. At the time of writing, Japanese Nikkei 225 index is up +1.77% while Hong Kong’s Hang Seng Index added +1.3%. China’s CSI 300 index soared +2.65%.
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Shares Gain ahead of Busy Week, FOMC, BOE, SNB in Focus -
Gold Slumped as Housing Data Raised Tightening Hopes, SNB Reduced Exemption from Negative Rates
Gold slumped, recording its biggest single session loss in 6 weeks as the strong US housing data raised rate hike expectations. Existing home sales grew +6.1% m/m in March. Sales increased across all regions, totaling a +10.4% increase from the same period last year.
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Gold Slumped as Housing Data Raised Tightening Hopes, SNB Reduced Exemption from Negative Rates