Europe Roundup: Sterling at 6-week peak as poll show Conservative lead widening, euro tumbles as EZ PPI eases, European shares plunge on trade tariffs - Tuesday, December 3rd, 2019
Asia Roundup: Euro gains ahead of EZ flash CPI, greenback firm near 2-week peak as upbeat U.S. data trims Fed cut bets, Asian shares plunge - Friday, November 29th, 2019
Europe Roundup: Sterling gains following YouGov poll, euro rebounds as Eurozone sentiment improves, European shares tumble - Thursday, November 28th, 2019
America’s Roundup: Dollar firms above 1-month lows on trade tensions, Wall Street bounces, Gold retreats, Oil jumps 4% on U.S. stockpiles drop-December 5th,2019
Europe Roundup: Sterling at 7-month peak as investors speculate on Conservative majority, euro tumbles as German services sector growth weakens, investors eye U.S. service PMI - Wednesday, December 4th, 2019
Asia Roundup: Antipodeans ease on prospects of U.S. tariffs, greenback rallies on strong U.S. jobs data, Asian shares surge - Monday, December 9th, 2019
Europe Roundup: Sterling poised for best week since mid-October, euro off highs as German industry output declines, investors eye U.S. nonfarm payroll - Friday, December 6th, 2019
America's Roundup: Dollar loses trade uncertainty weighs,Wall Street slips, Gold gains, Oil slumps but sets monthly gain ahead of OPEC meeting-November 30th,2019
America's Roundup: Dollar slides to two-week low after soft U.S. manufacturing data, Wall Street falls ,Gold dips,Oil futures rise on talk of further OPEC+ supply curbs-December 2nd 2019
Europe Roundup: Sterling at 8-month peak on expectations of Conservative win in UK election, euro steadies as EZ investor morale improves, European shares tumble - Monday, December 9th, 2019
America's Roundup: Dollar gains after stronger-than-expected U.S. jobs report, Gold slips 1%,Wall Street climbs ,Oil rises sharply this week as OPEC+ agrees on deeper output cuts-December 7th,2019
Asia Roundup: Aussie rallies as RBA stands pat, greenback eases following weak U.S. manufacturing data, Asian shares plunge on Trump's Latin American tariffs - Tuesday, December 3rd, 2019
Europe Roundup: Sterling consolidates near 1.2900, euro steadies as EZ inflation accelerates quicker than expected, European shares tumble - Friday, November 29th, 2019
Asia Roundup: Antipodeans surge, dollar rallies against yen on upbeat Chinese factory activity, Asia shares advance - Monday, December 2nd, 2019
America’s Roundup: Dollar holds ground as central bank meetings loom, Wall Street falls, Gold inches up, Oil prices slip as weak China exports highlight trade war impact-December 10th,2019
Asia Roundup: Antipodeans steady near multi-month peak as investors await clarity on fresh U.S. tariffs; greenback consolidates ahead of Fed decision, Asian shares ease - Tuesday, December 10th, 2019
Asia Roundup: Japanese yen trades marginally lower after CPI data, Asian markets mixed, gold trades flat at $1,490 mark - Tuesday, October 29, 2019
Economic Data Ahead
Key Events Ahead
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.03% to 97.79.
EUR/USD: The euro trades flat against U.S. dollar and consolidates around 1.11 mark. It made intraday high at $1.1102 and low at $1.1091mark. A consistent close below $1.1079 will drag the parity down towards key supports around $1.1026 and $1.0852 levels respectively. Alternatively, reversal from key support will drag the parity higher towards key resistances around $1.1158, $1.1220, $1.1390, $1.1472, $1.1550, $1.1620 and $1.1820 marks respectively.
USD/JPY: The Japanese yen trades marginally lower against U.S. dollar after CPI, core CPI data. The pair is currently trading around 109.00 mark. It made intraday high at 109.06 and low at 108.92 levels. A sustained close above 108.93 is required to take the parity higher towards key resistances around 109.62, 112.60 and 113.98 marks respectively. Alternatively, a daily close below 108.38 will drag the parity down towards key support around 106.90 and 104.20 marks respectively.
GBP/USD: The pound trades flat against U.S. dollar and stabilizes above $1.2800 mark. The pair slipped after U.K. Prime Minister Boris Johnson failed to win support for an early general election. Now the EU has agreed to extend the deadline for Brexit until January 31, 2020. A sustained close below $1.2821 requires for dragging the parity down towards key support around $1.2644 and $1.2352 mark respectively. On the other side, key resistances are seen at $1.2911, 1.30, 1.3158 and 1.3226 levels respectively.
AUD/USD: The Aussie appreciates against U.S. dollar and currently trading around $0.6857 mark. The pair made intraday high at $0.6859 and low at $0.6835 levels. A consistent close below $0.6820 requires for downside rally. On the other side, a sustained close above $0.6867 will take the parity higher towards $0.6977 and $0.7076 levels respectively.
NZD/USD: The New Zealand dollar erases previous gain against U.S. dollar and stabilizes above $0.6350 mark. Pair made intraday high at $0.6375 and low at $0.6346. A sustained close above $0.6350 requires for the upside rally. Alternatively, current downside rally will take the parity down towards key supports around $0.6236 and $0.6196 levels respectively.
Japan’s Nikkei was trading 0.43 pct higher at 22,965.50 points.
Australia’s S&P/ASX200 was trading 0.05 pct higher at 6,743.55 points.
Hong Kong's hang seng index was trading 0.42 percent lower at 26,776.48 points.
Taiwan stock was trading 0.06 percent lower at 11,308.54.55 points.
South Korea’s kospi was trading 0.04 percent lower at 2,091.47 points.
India’s NSE Nifty was trading 0.70 pct higher at 11,709.80 points while BSE sensex was trading 0.72 points higher at 39,520.78 points.
Crude oil was trading slightly down on Tuesday. Brent crude futures were trading marginally lower to $61.56 while U.S. crude was trading around $55.55 a barrel.
Gold was stabilizes below $1,500 mark on Tuesday and was currently trading around $1,492 mark. Gold faces strong resistance at $1,505 mark and sustained close above targets key resistances around $1,532 and $$1,552 mark respectively. Alternatively, a consistent close below $1,492 mark will drag the parity down towards $1,472 and $1,440 mark respectively.
The Australian government bonds remained flat during Asian session of the second trading day of the week Tuesday amid a muted trading session that witnessed data of little economic significance. The yield on Australia’s benchmark 10-year note, which moves inversely to its price, remained steady at 1.175 percent, the yield on the long-term 30-year bond hovered around 1.753 percent and the yield on short-term 2-year too traded flat at 0.829 percent.
The Japanese government bonds closed mixed Tuesday ahead of the country’s industrial production data for the month of September, scheduled to be released on October 30 by 23:50 GMT and the Bank of Japan’s (BoJ) monetary policy meeting, due to be held on October 31 will provide further direction to the debt market. At close, the yield on the benchmark 10-year JGB note, which moves inversely to its price, remained 11 basis points down at -0.111 percent, the yield on the long-term 30-year jumped 2 basis points to 0.450 percent and the yield on short-term 2-year suffered 20 basis points to -0.207 percent.
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