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
America’s Roundup: Dollar recovers some overnight losses , Wall Street gains,Gold steadies near multi-year peak, Oil rises on improving economic data but virus case jump caps gains-June 30th,2020
Europe Roundup: Euro dips as grim data keeps euro under pressure, European shares edge lower, Gold hovers close eight years high, Oil prices drop on prospect of returning Libyan supplies-June 30th,2020
America’s Roundup: Dollar records small weekly gain on safe-haven demand, Wall Street climbs, Gold rises, Oil boosted by OPEC+ cuts even as virus weighs on market-June 20th,2020
America’s Roundup: Dollar turns higher as focus turns to surging coronavirus cases, Wall Street jumps, Gold gains, Oil up more than 2% on U.S. jobs data but virus fears cap gains-July 3rd 2020
Europe Roundup: Euro rises on upbeat PMI data ,European shares rise, Gold holds near 1-month peak, Oil rises after Trump assurance on China trade deal-June 23rd 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
Asia Roundup: Aussie gains on upbeat retail sales, dollar consolidates within narrow ranges amid holiday-thinned trading, Asian shares at 4-month peak - Friday, July 3rd, 2020
America’s Roundup: Dollar gains on coronavirus, tariff concerns, Wall Street ends lower, Gold retreats from an over 7-1/2 year high, Oil dives over 5% as U.S. crude stocks hit record, COVID cases mount-June 25th 2020
America’s Roundup: Dollar dips as infections spike hits confidence,Wall Street ends higher, Gold jumps, Oil up above 2% on tighter supplies, eased lockdowns-June 23rd 2020
Asia Roundup: Aussie at 1-week peak on Trump's assurance over U.S.-China trade pact, dollar gains as traders speculate pandemic recovery, Asian shares rebound - Tuesday, June 23rd, 2020
America’s Roundup: Dollar gains as virus concerns dents risk appetite, Wall Street ends higher ,Gold steadies, Oil prices climb as U.S. economic data lends support-June 26th,2020
America’s Roundup: Dollar falters as decent U.S. data curbs safe haven demand, Wall Street gains, Gold retreats from near 8-year peak, Oil prices firm on factory, inventory data-July 2nd, 2020
Asia Roundup: Dollar gains as signs of recovery boost risk appetite, Asian shares rally, investors eye EZ CPI - Tuesday, June 30th, 2020
America’s Roundup: Dollar stumbles as jump in coronavirus cases dented the economic outlook, Wall Street ends higher, Gold hits highest since October 2012, Oil flat, near highest since March, after Trump assurance on China trade-June 24th,2020
Asia Roundup: Euro eases on fresh trade tensions, greenback steadies as coronavirus surge drives cash hunt, Asian shares plunge amid holiday-thinned trading - Thursday, June 25th, 2020
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.