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Day: September 6, 2021

AUD/USD Outlook: Aussie Pausing ahead of Key Event – RBA Policy Meeting on Tuesday

Bulls are taking a breather on Monday after strong gains in past two weeks, as volumes thinned due to US holiday and traders awaiting early Tuesday’s RBA policy meeting for more information about tapering decision. The action is supported by multiple bull-crosses of daily MA’s and steep ascend of 14-d momentum but overbought stochastic is …

AUD/USD Outlook: Aussie Pausing ahead of Key Event – RBA Policy Meeting on TuesdayRead More

SPACs offer hope for reviving Singapore’s flagging IPO market

SINGAPORE — Singapore’s stock exchange this month launched new rules allowing SPACs to list, a move it hopes will draw more firms to raise funds in the city-state amid an IPO market that has been stagnant for years. As of Friday, special purpose acquisition companies can list on the Singapore Exchange’s (SGX) mainboard. SPACs, which …

SPACs offer hope for reviving Singapore’s flagging IPO marketRead More