As the world continues to face challenges in dealing with the Coronavirus (COVID-19) pandemic, we are taking steps to provide some safety measures to our clients and staff.
Given the wide-ranging impact of the pandemic and in line with advice from government and the World Health Organisation (WHO), limiting unnecessary human contact is an invaluable precaution. We therefore strongly encourage you to use our suite of digital tools and trading platforms for your financial needs. Digital platforms provide an efficient, fast, safe and nearly instantaneous solution to many, if not all your investing requirements, away from public spaces.
KEEPING EVERYONE SAFE
The safety of our employees and clients is something that we care deeply about. While the extent of COVID-19 is still unknown, our plans have the necessary flexibility to evolve as the situation requires.
As a result, Sharenet will unfortunately not be accommodating client meetings at a branch level, for the forceable future. As soon as the situation changes, we will advise you, our valuable clients accordingly.
The widespread concern around COVID-19 creates the perfect opportunity for cybercriminals to defraud customers. To ensure protection against targeted ransomware and Malware attacks, remember to install the latest version of a Multi-layered Antivirus program and never share your account details online or via email.
Sharenet remains fully operational and should you experience any technical difficulty, rest assured that our superior support staff is ready to assist with any technical queries and can be reached on:
14h43 Euro zone government bond yields
edged higher after a policy statement from the European Central
Bank on Thursday, with investors looking for clues during the
ECB news conference on how it would react to. . .
13h35 Deutsche Boerse said on
Wednesday it would delist Coinbase Global Inc shares
from its Xetra trading system and the Frankfurt stock exchange
over incorrect data, with the U.S. cryptocurrency exchange
saying it was working to. . .
13h09 The euro edged higher before a
European Central Bank meeting later on Thursday, where any
positive comments about the economic outlook or hints of
tapering bond purchases are expected to send the common currency
racing. . .
13h06 Global stocks ground higher
while oil ebbed on Thursday as investors diverged over whether
to bet on economic recovery in the United States and other
developed markets or worry about a surge in COVID-19. . .
12h47 Sterling slipped on Thursday in
quiet currency market trade ahead of a European Central Bank
meeting, while investors weighed up the outlook for an economic
recovery from COVID-19 in the UK.. . .
12h42 Pakistan's foreign
exchange reserves decrease $63 million to $16,043.9 million in
the week ending April 16, compared to $16,106.4 million in the
previous week, central bank said on Thursday.
RESERVES. . .
12h02 Central European currencies
moved sideways on Thursday and regional stocks gained, as the
dollar eased and investors' risk appetite grew on economic
Market participants were also eyeing a. . .
11h45 Russia's central bank will meet
on Friday to set interest rates with more than one third of
analysts now expecting inflation pressures and rising
geopolitical tensions to prompt policymakers into a 50 basis
point rate. . .
11h33 English and Welsh shoppers
rushed back to clothes and furniture stores last week when they
reopened after three months of COVID lockdown restrictions, but
the novelty of dining and drinking outside rapidly faded.. . .
10h25 Indonesia ran a budget deficit
of 144.2 trillion rupiah ($9.93 billion) as of the end of March,
or 0.82% of GDP, as tax revenues shrank while spending rose to
support economic recovery, the finance. . .
10h18 Turkey's lira was headed for its worst
day this month as concerns over financial stability grew, while
other emerging market currencies were encouraged by a weaker
dollar, although surging COVID-19 cases capped gains.. . .
09h57 Indian stocks oscillated on Thursday,
struggling to track gains notched across broader Asia, as the
nation posted the biggest ever daily rise in new coronavirus
infections anywhere in the world since the pandemic began.. . .
07h47 Investors turned bullish on most Asian
currencies, a Reuters poll found, as easing bets of a
sooner-than-expected hike in U.S. interest rates drove down U.S.
Treasury yields and curbed the dollar's interest rate advantage.. . .
06h53 China's yuan firmed to its
strongest level against the dollar in nearly six weeks on
Thursday as easing U.S. Treasury yields took the greenback to
multi-week lows against major currencies.
"We're. . .
04h31 The Australian and New Zealand
dollars hovered near recent one-month highs on Thursday with
major commodity-linked currencies getting a boost from a hawkish
tilt by the Bank of Canada which expects to start tightening
policy. . .
21/04 The Canadian dollar surged by
the most since June 2020 against its U.S. counterpart on
Wednesday and the Toronto stock market rebounded as investors
welcomed a move by the Bank of Canada to dial. . .
21/04 A U.S. dollar rebound against major currencies was interrupted on
Wednesday after Canada's central bank signaled it could start an interest rate hike in 2022 and reduced the
scope of its asset-buying program.. . .
21/04 Mexico's peso rose on Wednesday,
recovering from the previous day's slide, and stocks hit 2-1/2
year highs, while most other Latin American currencies traded
sideways against a steady dollar.
Trading. . .
21/04 The Canadian dollar surged on
Wednesday by the most since June 2020 and hit a one-month high
against its U.S. counterpart, and bond yields climbed, as
domestic data showed higher underlying inflation and the. . .
21/04 Sterling held its ground
against the dollar on Wednesday as traders assumed a rise in
inflation in March would have little impact on monetary policy
and waited for crucial activity and retail sales data. . .
21/04 President Tayyip Erdogan said
on Wednesday that the opposition was "wrong from head to toe"
about central bank sales of foreign currency, and he repeated
that Turkey was fighting a "triangle of evil" of. . .
21/04 British house prices rose at
the fastest annual rate in more than six years in February, even
before finance minister Rishi Sunak announced new measures that
have further pumped up the housing market, data. . .
21/04 The Bank of England might
strengthen its controls on cloud data providers and other
technology firms to counter possible risks to the stability of
the financial system from the rise of fintech, Deputy Governor
Dave. . .
21/04 Emerging European assets were
mixed on Wednesday morning as global investors braced for a new
challenge from the COVID-19 pandemic, with Czech assets
successfully weathering a diplomatic storm with Russia.
The. . .
21/04 Emerging market stocks tumbled on
Wednesday as a second wave of COVID-19 infections threatened
further disruption in major economies, while Russia's rouble
weakened ahead of a speech on economic growth by President
Vladmir Putin.. . .
21/04 The Czech National Bank will
have to factor in slower economic growth this year as it begins
to weigh, probably from August, whether and when to raise
interest rates, its governor Jiri Rusnok said. . .
21/04 Asian stocks and currencies fell on
Wednesday as renewed concerns over India's mounting coronavirus
crisis and a global spike in COVID-19 cases raised questions
over the pace and strength of a global economic recovery.. . .
21/04 China should not rush to
use the digital yuan for cross-border payments due to regulatory
obstacles and foreign concerns about it's global impact, Zhou
Xiaochuan, the country's former central bank governor, said at
the Boao. . .
21/04 The Australian and New Zealand
dollars stepped away from one-month highs on Wednesday with
economic data in both countries reinforcing expectations that
policy will remain accommodative for an extended period.. . .
cryptocurrency Dogecoin fell on Tuesday after hitting an
all-time high in a wild session that saw supporters of the token
once considered a parody use hashtags to fuel a rally until it
lost steam.. . .
20/04 The Canadian dollar weakened
to a one-week low against its U.S. counterpart on Tuesday as
rising global COVID-19 cases weighed on oil and global equity
markets, while investors awaited a Bank of Canada interest. . .
20/04 Sterling hit its highest in
more than six weeks against the dollar on Tuesday with the
greenback's continuing decline and a positive surprise from
labour market data out of Britain lending support to the
currency.. . .
20/04 SoftBank-backed office-sharing startup
WeWork said on Tuesday it would begin accepting payments in
select cryptocurrencies and partner with Coinbase Global Inc
and payment app Bitpay to facilitate transactions.. . .
20/04 Indonesia's central bank
governor said on Tuesday there was no government plan to
undermine his institution's independence as parliament prepares
to debate a bill that would widen the central bank's mandate.. . .
20/04 Central Europe's currencies
moved sideways on Tuesday, struggling to capitalise on a drop in
the U.S. dollar as the region continued to cool after the past
month's gains, while the Prague bourse's hot streak. . .
20/04 Indonesia's central bank kept
its main policy rate at a record low on Tuesday and trimmed its
2021 growth forecast for Southeast Asia's largest economy, while
pledging to strengthen measures to keep the rupiah. . .
20/04 Russia's rouble was supported by
stronger oil prices on Tuesday, but gains were limited as
tensions with Ukraine ramped up, while emerging market stocks
rose on improving sentiment over a global economic recovery.. . .
20/04 Deutsche Telekom has
invested in Celo, a blockchain payments platform that allows
mobile phone access to "decentralised finance" projects that
allow users to bypass traditional financial firms, the company
said on Tuesday.. . .
20/04 Canadian digital asset
management firm 3iQ has received regulatory clearance for a dual
listing of the Bitcoin Fund on Nasdaq Dubai, making
it the Middle East's first indexed cryptocurrency digital
asset-based fund, 3iQ's chief executive. . .
20/04 China's yuan strengthened
past a key threshold to the firmest in a month on Tuesday,
underpinned by broad dollar weakness following a dip in U.S.
bond yields.. . .
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