Europe Roundup: Sterling consolidates near 1-week low ahead of BoE policy meeting outcome, euro rebounds on ECB's EZ growth forecast, gold tumbles as U.S.-China trade deal hopes revive- Thursday, November 7th, 2019
Asia Roundup: Antipodeans ease amid lingering doubts over U.S.-China trade talks, euro at 3-week low ahead of German industrial data, investors eye BoE monetary policy decision - Thursday, November 7th, 2019
America's Roundup: Dollar gains on trade optimism, Wall Street gains, Gold slips, Oil gains on optimism over US-China trade deal-November 6th 2019
America’s Roundup: Dollar steady as case for Fed's pause solidifies, Wall Street slips, Gold gains, Oil falls as U.S.-China trade deal prospects dim-November 14th,2019
Europe Roundup: Sterling consolidates below 1.2900 amid persisting concerns over economic outlook, euro gains on better-than-expected EZ trade surplus, European shares plunge - Friday, November 15th, 2019
Asia Roundup: Antipodeans tumble on soft Chinese trade figures, dollar near 5-month peak against yen amid renewed hopes of U.S.-China trade deal, Asian shares off 6-month high - Friday, November 8th, 2019
Asia Roundup: Aussie falls in early Asia as retail sales data misses expectations, Asian markets noticeably up, gold trades flat at $1,511 mark - Monday, November 04, 2019
America's Roundup: Dollar gains versus yen on continued trade deal optimism, Wall Street hits fresh record high, Gold slides over 1%, Oil rebounds to $62 on hopes for U.S.-China trade deal-November 8th,2019
America's Roundup: Dollar buoyed by caution as trade deal optimism wanes, Wall Street gains, Gold slips, Oil prices gain 2% despite concerns about rising supplies-November 16th,2019
Europe Roundup: Euro eases on political uncertainties, greenback rallies amid U.S. China trade deal hopes, European shares nudge higher - Tuesday, November 5th, 2019
America’s Roundup: Dollar dips as risk-off mood boosts yen, Wall Street slips, Gold rises, Oil mixed amid U.S. crude stock build-November 15th, 2019
Asia Roundup: Aussie steadies as RBA stands pat, dollar rallies against yen on U.S.-China trade deal hopes, Asian shares at 4-month peak - Tuesday, November 5th, 2019
Europe Roundup: Euro steadies on upbeat German economic data, greenback gains on Fed Powell’s comments, European shares tumble - Thursday, November 14th, 2019
Europe Roundup: Sterling eases on downbeat labour data, euro slumps following ECB Coeure's comments, investors eye Trump's trade speech - Tuesday, November 12th, 2019
Europe Roundup: Sterling consolidates near 1.2800 amid persisting Brexit concerns, euro tumbles ahead of Spanish election, greenback at 3-week peak on U.S.-China trade hopes - Friday, November 8th, 2019
Asia Roundup: Aussie at 1-month low on downbeat employment data, dollar eases against yen amid renewed U.S.-China trade deal concerns, Asian shares slump - Thursday, November 14th, 2019
America's Roundup: Dollar firms on doubts over Sino-U.S. trade talks,Wall Street falls, Gold eases, Oil prices drop –October 8th 2019
• U.S. Fed minutes due on Wednesday
• Trade talks scheduled in Washington on Oct. 10-11
• US Sep CB Employment Trends Index 111.00, 110.70 previous
• Brazil Sep Auto Production (MoM) 8.3%, 1.1% previous
• Brazil Sep Auto Sales (MoM) 3.3%,-0.3% previous
• US Aug Consumer Credit 15.25B forecast 23.29B previous
Looking Ahead - Economic Data (GMT)
• 23:00 UK Sep BRC Retail Sales Monitor (YoY) -0.5% previous
• 23:30 Japan Average Cash Earnings (YoY) -0.3% previous
• 23:30 Japan Aug Household Spending (MoM)
• 23:30 Japan Aug Household Spending (YoY) 1.2% forecast, 0.8% previous
• 23:30 Japan Aug Overall wage income of employees -1.0% previous
• 23:30 Japan Aug Overtime Pay (YoY) 0.60% previous
• 23:50 Japan Aug Current Account 2.070T forecast, 2.000T previous
• 00:30 New Zealand ANZ Job Advertisements (MoM) 2.8% forecast,-2.8% previous
• 00:30 New Zealand Sep NAB Business Confidence 1 previous
• 01:45 China Sep Caixin Services PMI 52.1 forecast, 52.1 previous ,
Looking Ahead - Events, Other Releases (GMT)
• 04:10 BoE Gov Carney Speaks
• 17:50 US Fed Chair Powell Speaks
• 17:35 US Chicago Fed President Evans Speaks
• 22:00 US FOMC Member Kashkari Speaks
EUR/USD: The euro declined against the U.S. dollar on Monday, as traders awaited U.S.-China trade talks later in the week for clues to the state of the prolonged trade war between Washington and Beijing. Investors’ overall appetite for risk was weak on Monday after a Bloomberg report said that Chinese officials were reluctant to agree to U.S. President Donald Trump’s broad trade deal.Top-level U.S.-China trade talks are scheduled to resume next Thursday and Friday. The euro was down 0.06 percent at $1.0974. An index that tracks the dollar versus a basket of six major currencies was down 0.13 at 98.68. Immediate resistance can be seen at 1.1000 (21 DMA), an upside break can trigger rise towards 1.1058 (50 DMA).On the downside, immediate support is seen at 1.0943 (9 DMA), a break below could take the pair towards 1.2900 (Psychological level).
GBP/USD: The British pound declined against dollar on Monday, as concerns rose that sizeable differences between Britain and the European Union remained for striking a Brexit withdrawal deal.British lawmakers have passed a law requiring Prime Minister Boris Johnson to seek a delay to Brexit if the UK cannot agree a withdrawal deal by Oct. 19. But a report in the Daily Telegraph said Johnson intended to challenge that law, the Benn Act, in the Supreme Court. Sterling traded 0.1% lower at $1.2323. It was down 0.3% against the euro at 89.22 pence.Immediate resistance can be seen at 1.2335 (11 DMA), an upside break can trigger rise towards 1.2423 (100 DMA).On the downside, immediate support is seen at 1.2246 (50 DMA), a break below could take the pair towards 1.2200 (Psychological level).
USD/CAD: The Canadian dollar strengthened against its U.S. counterpart on Monday as oil prices rose, but the currency's gains were modest ahead of trade talks this week between the United States and China. The modest gain for the loonie follows data on Friday showing that Canada's trade deficit shrank by almost a third in August to C$955 million as exports broke a two-month slump, rising by 1.8%.At 9:11 a.m. (1311 GMT), the Canadian dollar was trading 0.1% higher at 1.3293 to the greenback. The currency, which weakened 0.4% last week, traded in a range of 1.3291 to 1.3331.Immediate resistance can be seen at 1.3347 (Oct 2nd), an upside break can trigger rise towards 1.3400 (Psychological level).On the downside, immediate support is seen at 1.3293 (5 DMA), a break below could take the pair towards 1.3276 (11 DMA).
USD/JPY: The U.S. dollar rose against the yen on Monday, as broadly positive U.S. jobs data from last week quelled some fears about an economic slowdown, but nervousness over U.S.-China trade talks persisted. The United States and China are set to meet for trade negotiations in Washington on Oct. 10-11, although latest news reports suggest Beijing may be looking to restrict the scope of any deal. The dollar index, which measures the greenback against six other major currencies, was 0.2% lower at 98.009. Strong resistance can be seen at 107.48 (5 DMA), an upside break can trigger rise towards 108.00 (Psychological level).On the downside, immediate support is seen at 106.93 (50 DMA), a break below could take the pair towards 106.00 (Psychological level).
European shares rose on Monday, after their steepest weekly loss in two months, as bids in defensive shares outweighed nervousness ahead of crucial U.S.-China trade talks and Brexit negotiations.
The UK's benchmark FTSE 100 closed up by 0.59 percent, Germany's Dax ended up by 0.70 percent, and France’s CAC finished the up by 0.61 percent.
U.S. stocks eased on Monday as reports on the U.S.-China trade front kept investors cautious ahead of scheduled talks later in the week..
Dow Jones closed up by 0.36 percent, S&P 500 ended down 0.46 percent, Nasdaq finished the day down by 0.33 percent.
U.S. Treasury yields rose on Monday as the $78 billion in note and bond supply slated for auction helped push prices lower after last week’s dramatic rise.
The two-year yield, which last week fell 22.6 basis points, rose 6.4 basis points to 1.462%. The benchmark 10-year yield was up 3.9 basis points, having fallen 15.9 basis points last week.
Gold prices eased on Monday as the dollar firmed after a report said China was reluctant to agree to a broad trade deal with Washington, but bullion held a tight range as investors took a wait-and-see approach ahead of U.S.-China talks this week.
Spot gold was down 0.3 % at $1,499.79 per ounce at 1129 GMT. Prices firmed 0.5% last week on concerns of slowing global growth.U.S. gold futures slipped 0.5% to $1,505.30 per ounce.
Oil prices settled lower on Monday, paring earlier gains as hopes of a comprehensive U.S.-China trade deal faded and a new poll showed analysts expected U.S. oil crude inventories to have risen last week.
Brent crude settled down 2 cents, or 0.03%, at $58.35 a barrel, after hitting a high of $59.68. U.S. West Texas Intermediate (WTI) crude settled at $52.75, down 6 cents or 0.11%, after hitting a high of $54.06.