Asia Roundup: Japanese yen gains as China passes national security law, dollar steadies as investors eye U.S. manufacturing PMI, Asian shares nudge higher - Wednesday, July 1st, 2020
Asia Roundup: Aussie near 3-week peak ahead of RBA policy meeting, dollar steadies against yen as investors eye U.S. services sector data, Asian shares at 4-month high - Monday, July 6th, 2020
America’s Roundup: Dollar edges lower amid uncertain U.S. outlook, Wall Street gains,Gold gains, Oil slips slightly on rising coronavirus cases, returning Libyan supplies-1st July 2020
Europe Roundup: Sterling gains on infrastructure spending promise, Brexit caps gains, European shares gain Gold holds close to near 8-year peak, Oil rises on improving economic data, supply cut-June 29th,2020
Asia Roundup: Aussie extends gains on risk-on trades, yen rallies as COVID-19 cases grow, Asian shares surge - Thursday, July 9th, 2020
Asia Roundup: Yen rallies as coronavirus worries deepen, gold set for 5th straight weekly gain, Asian shares slump - Friday, July 10th, 2020
Asia Roundup: Euro eases following ECB Knot's comments, yen rallies as resurgent virus threatens global economic recovery, Asian shares consolidate - Friday, June 26th, 2020
America’s Roundup: U.S. dollar regains traction in FX markets, Wall Street drops, Gold retreats from near eight-year peak, Oil steadies as economic data overshadows coronavirus worries-July 8th,2020
Europe Roundup: Sterling slips further to $1.24, weighed down by Brexit,European shares rise, Gold on course for third weekly gain, Oil prices inch up as demand upswing counters virus concerns-June 26th,2020
Asia Roundup: Aussie retreats from near 4-week peak on fresh lockdowns, dollar rebounds against yen on upbeat service sector data, Asian shares plunge - Tuesday, July 7th, 2020
Americas Roundup: U.S. dollar slides to two-week low,Wall Street inches up, Gold smashes through $1,800 level,Oil falls as rise in virus cases, U.S. inventories stall recovery-July 9th,2020
Asia Roundup: Dollar gains as signs of recovery boost risk appetite, Asian shares rally, investors eye EZ CPI - Tuesday, June 30th, 2020
Europe Roundup: Euro dips lower against dollar as markets balanced hopes for a global economic recovery, European stocks dips,Gold hits 8-year peak.Oil rises on manufacturing data, U.S. inventories-July 1st 2020
America’s Roundup: U.S. dollar rises as surge in coronavirus cases boosts haven bid,Wall Street falls, Gold slides, Oil settles lower on rise in U.S. coronavirus cases-June 27th,2020
Asia Roundup: Yen rallies as rising coronavirus cases threaten economic reopening, investors eye German CPI data - Monday, June 29th, 2020
Asia Roundup: Aussie eases as virus cases mount, gold steadies near more than 8-year high, Asian shares nudge lower - Wednesday, July 8th, 2020
Asia Roundup: Japanese yen remains almost unchanged after manufacturing PMI, unemployment rate data; gold touches $1,513 mark in early Asia; most Asian markets in green - Friday, November 01, 2019
Economic Data Ahead
Key Events Ahead
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.13% to 97.23.
EUR/USD: The euro rises gradually against U.S. dollar and currently trading around $1.1163 mark. It made intraday high at $1.1166 and low at $1.1148 mark. A sustained close above $1.1151 will drag the parity higher towards key resistances around $1.1220, $1.1390, $1.1472, $1.1550, $1.1620 and $1.1820 marks respectively. On the other hand, a consistent close below $1.1151 will drag the parity down towards key supports around $1.1079, $1.1026 and $1.0852 levels respectively.
USD/JPY: The Japanese yen remains almost unchanged after manufacturing PMI, unemployment rate data. The pair is currently trading around 108.00 mark. It made intraday high at 108.05 and low at 107.88 levels. A sustained close above 108.02 is required to take the parity higher towards key resistances around 108.83, 109.62, 112.60 and 113.98 marks respectively. Alternatively, a daily close below 108.02 will drag the parity down towards key support around 106.90 and 104.20 marks respectively.
GBP/USD: The pound trades marginally higher against U.S. dollar and stabilizes above $1.2950 mark. UK parliament approves early general election on December 12. A sustained close below $1.2940 requires for dragging the parity down towards key support around $1.2820, $1.2644 and $1.2352 mark respectively. On the other side, key resistances are seen at $1.2973, 1.3058, 1.3140 and 1.3226 levels respectively.
AUD/USD: The Aussie rises against U.S. dollar after mixed economic data. The pair made intraday high at $0.6909 and low at $0.6883 levels. A consistent close below $0.6818 requires for downside rally. On the other side, a sustained close above $0.6902 will take the parity higher towards $0.6977 and $0.7076 levels respectively.
NZD/USD: The New Zealand dollar strengthens noticeably on Friday and hits highest level since Sept 12. Pair made intraday high at $0.6442 and low at $0.6406. A sustained close above $0.6422 requires for the upside rally. Alternatively, a consistent close below $0.6349 will take the parity down towards key supports around $0.6236 and $0.6196 levels respectively.
Japan’s Nikkei was trading 0.41 pct lower at 22,833.50 points.
Australia’s S&P/ASX200 was trading 0.09 pct higher at 6,669.55 points.
Hong Kong's hang seng index was trading 0.65 percent higher at 27,081.48 points.
Taiwan stock was trading 0.36 percent higher at 11,399.37 points.
South Korea’s kospi was trading 0.77 percent higher at 2,099.42 points.
India’s NSE Nifty was trading 0.07 pct lower at 11,868.80 points while BSE sensex was trading 0.08 points lower at 40,096.77 points.
U.S. Crude Oil WTI Futures were up 0.08% to $54.30. International Brent Oil Futures dropped 0.03% to $59.59.
Gold trades remarkably higher on Friday and touches $1,513 mark in early Asia. Gold faces strong resistance at $1,512 mark and sustained close above targets key resistances around $1,532 and $$1,552 mark respectively. Alternatively, a consistent close below $1,502 mark will drag the parity down towards $1,487, $1,472 and $1,440 mark respectively.
The yield on benchmark 10-year Treasury notes was higher at 1.6962% compared with its U.S. close of 1.691% on Thursday. The two-year yield was at 1.5319%, up from a U.S. close of 1.526%.
The yield on 10 – year Australian bond was 0.60 pct lower to 1.101 points while Australia’s 15 – year bond was 0.62 pct lower to 1.212 points.
The yield on 20 – year Japan bond was -0.035 pct lower to 0.193 point.