America’s Roundup: Dollar index rises, yen falls against dollar ,Wall Street ends higher ,Gold slips, Oil falls on mounting COVID-19 cases, supply concerns-September 26th,2020
Europe Roundup: Euro falls as rising COVID-19 cases unnerve investors, European stocks slips, Gold drops to near two-week low, Oil prices slip on potential Libyan output return, demand concerns-September 21st,2020
Europe Roundup: Euro dips as eurozone Sept business growth halts ,European stocks gain,Gold hits six-week trough, Oil edges up to $42, eyeing Libya and U.S. inventories-September 23rd,2020
Europe Roundup: Euro dips as Fed outlook lifts dollar ,European stocks skid lower, Gold slips, Oil steady as demand worries revive, crews return to U.S. Gulf rigs-September 17th,2020
America’s Roundup: U.S. dollar skids to two-week low vs yen as Fed looms,Wall Street climbs, Gold slips, Oil rises over 2% as U.S. Gulf Coast braces for hurricane -September 16th,2020
America’s Roundup: Dollar gains ground on economic concerns, Wall Street gains on stimulus hopes, Gold turns positive from 2-mth low, Oil falls on fuel demand growth concerns as coronavirus lingers-September 25th,2020
Europe Roundup: Euro gains on weaker dollar, all eyes on Fed meeting, European stocks gain, Gold rises, Oil slips as demand concerns rise, Libya output looms-September 14th,2020
America’s Roundup: Dollar dips as market recovers from weak U.S. jobs data,Wall Street drops, Gold eases, Oil prices edge up off three-month lows, but demand concerns persist-September 12th,2020
America’s Roundup: Dollar dips dovish U.S. Fed policy bets,Wall Street climbs,Gold gains, Oil edges lower, shrugging off Gulf of Mexico shut-ins-September 16th,2020
Europe Roundup: Euro gains as soft U.S. data, uncertainty darken outlook, European share dips, Gold rises, Oil prices mixed as OPEC boost countered by Libyan developments-September 18th,2020
Europe Roundup:Euro edges higher as investors await Fed statement, European stocks gains,Gold rises, Oil jumps above $41 as storm hits U.S. output, inventories drop-September 16th,2020
America’s Roundup: Dollar gains as risk assets tumble on rising COVID-19 cases, U.S. election uncertainty, Wall Street ends lower, Gold slides 3%, Oil falls 5% as economic outlook dims with rising virus cases-September 22nd 2020
Asia Roundup: Kiwi plunges ahead of RBNZ policy decision, Aussie slumps on RBA Debelle's comments, greenback holds near 6-week high as investors eye Fed Powell's testimony - Tuesday, September 22nd, 2020
Asia Roundup; Antipodeans rebound from multi-week lows, dollar gains against yen on renewed stimulus hopes, Asian shares surge - Friday, September 25th, 2020
Asia Roundup: Dollar eases on growing concerns over U.S. stimulus, euro rallies on ECB Lagarde's comments, investors eye U.S. CPI data - Friday, September 11th, 2020
Europe Roundup: Euro dips as COVID-19 cases rise in Eurozone, European stocks slip, Gold edges up, Oil steady as market eyes coronavirus hit to demand-September 27th,2020
America’s Roundup: Dollar holds near 1-week high, European stocks maon, Gold loses ground, Oil settles higher on Chinese factory data, U.S. stimulus hopes-August 11th,2020
•Investors eye U.S.-China meet on Aug. 15
• Platinum hits highest in nearly six months; silver jumps
• French 3-Month BTF Auction-0.574% previous
• French 6-Month BTF Auction -0.590% previous
• French 12-Month BTF Auction -0.560% previous
• US Jul CB Employment Trends Index 50.89, 49.00 previous
• US Jul JOLTs Job Openings 5.889M, 5.397M previous
• US 3-Month Bill Auction 0.105%, 0.100% previous
• US 6-Month Bill Auction0.120%, 0.105% previous
Looking Ahead Economic Data (GMT)
•22:40 New Zealand Jul Electronic Card Retail Sales (YoY) 8.0% previous
•22:40 New Zealand Jul Electronic Card Retail Sales (MoM) 16.3% previous
Looking Ahead - Events, Other Releases (GMT)
• No significant events
EUR/USD: The euro declined against dollar on Monday as worries over flaring tensions between the United States and China weighed on sentiment, although signs of a recovery in industrial activity in the world’s second-largest economy capped losses. Better than expected U.S. jobs data on Friday weighed also weighed on euro. Market increasingly focused on two major events this week, the passage of U.S. fiscal stimulus and a China-U.S. meeting this weekend. Immediate resistance can be seen at 1.1803 (38.2% fib), an upside break can trigger rise towards 1.1929 (23.6% fib).On the downside, immediate support is seen at 1.1740 (14DMA), a break below could take the pair towards 1.1702 (50%fib).
GBP/USD: Sterling edged higher against dollar on Monday ahead of UK unemployment and GDP data this week after hitting its biggest daily fall since June against the greenback on Friday.Sterling resumed its role as a risk-driven currency on Friday, with a sharp fall against the dollar as global investors sentiment turned sour amid more friction between China and the United States.The British currency rose 0.2% $1.3053 at 12:30 GMT on Monday against a slightly stronger dollar with investors also focusing on fiscal stimulus in the United States. Immediate resistance can be seen at 1.3097 (5 DMA), an upside break can trigger rise towards 1.3187 (23.6%fib).On the downside, immediate support is seen at 1.2968 (38.2%Fib), a break below could take the pair towards 1.2848 (21DMA).
USD/CAD: The Canadian dollar strengthened against its U.S. counterpart on Monday as commodity prices climbed and domestic data showed the first annual increase in consumer spending in five months, adding to evidence of economic recovery. On Friday, data for July showed a larger-than-expected jobs gain and the strongest rate of expansion in purchasing activity in more than two years. The loonie was trading 0.3% higher at 1.3345 to the greenback. The currency traded in a range of 1.3333 to 1.3394.Immediate resistance can be seen at 1.3385(38.2%fib), an upside break can trigger rise towards 1.3240 (21 DMA).On the downside, immediate support is seen at 1.3300 (Psychological level ), a break below could take the pair towards 1.4289 (38.2% fib)
USD/JPY: The dollar rebounded against the Japanese yen as investors focused on the U.S. aid package and U.S.-China meeting on Aug. 15, as tensions mount between the world’s two largest economies. Investors were circumspect after U.S. President Donald Trump signed two executive orders banning WeChat, owned by Chinese tech giant Tencent, and TikTok in 45 days’ time while announcing sanctions on 11 Chinese and Hong Kong officials. Strong resistance can be seen at 105.81 (14 DMA), an upside break can trigger rise towards 107.00 (50DMA).On the downside, immediate support is seen at 105.53 (11 DMA), a break below could take the pair towards 105.15 (38.2%fib).
European shares inched higher on Monday as a decline in China’s producer prices slowed and oil prices rose, while investors looked to Washington for signs of more U.S. stimulus.
The UK's benchmark FTSE 100 closed up by 0.31 percent, Germany's Dax ended up by 0.10 percent, and France’s CAC finished the day up by 0.41 percent.
The Dow jumped 1%, the S&P 500 inched up and the Nasdaq closed lower on Monday as investors extended a rotation into value stocks from heavyweight tech-related names while awaiting news on progress in a U.S. fiscal support bill..
Dow Jones closed up at 1.30 percent, S&P 500 ended up 0.27 percent, Nasdaq finished the day down by 0.39 percent.
U.S. Treasury yields rose on Monday before the Treasury will sell record amounts of three, 10 and 30-year debt, and as the Dow Jones stocks index hit the highest in more than five months.
Benchmark 10-year note yields increased by a basis point to 0.576%. They dipped as low as 0.504% on Thursday, which was the lowest on record with the exception of March 9, when the yields fell by an extraordinary 30 basis points in one day.
Gold prices on Monday retreated from an all-time high hit in the last session as the dollar hovered near a one-week peak, while investors awaited an agreement on a U.S. relief bill to help the pandemic-hit economy.
Spot gold fell 0.2% to $2,030.26 per ounce by 2:09 p.m. EDT (1809 GMT), having hit a record high of $2,072.50 on Friday. U.S. gold futures settled up 0.6% at $2,039.70.
Oil settled higher on Monday, supported by data suggesting Chinese factories were returning to pre-pandemic levels, signs of rising energy demand and hopes for an agreement in the United States on more coronavirus-related economic stimulus.