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
Europe Roundup: Euro falls on concerns about fresh lockdowns in Europe,European stocks bounce,Gold falls, Oil rises on expectation demand can survive new lockdowns-September 22nd 2020
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
Asia Roundup: Antipodeans halt 4-day rally, greenback surges after Fed upgrades economic outlook, Asian shares decline - Thursday, September 17th, 2020
America’s Roundup: Dollar slip as U.S. presidential debate looms,,Wall Street closes lower, Gold climbs to near 1-week high,Oil falls over 3% as virus cases mount-September 30th,2020
Asia Roundup: Aussie halts 6-day losing streak as Westpac revises RBA rate call, dollar steadies below 2-month high as investors eyes on Trump-Biden debate, Asian shares rally - Monday, September 28th, 2020
Asia Roundup: Antipodeans poised for monthly decline, dollar eases against yen despite upbeat Chinese manufacturing PMI, markets assess Trump-Biden debate - Wednesday, September 30th, 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
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
America’s Roundup: Dollar gains after Fed upgrades economic outlook, Wall Street ends mixed, Gold gains,Oil up more than 4% as U.S. stockpiles fall, hurricane hits output-September 17th,2020
America’ Roundup: Sterling regains lost ground after BoE negative rate talk,Wall Street falls ,Gold slips ,Oil rises 2%, reverses loses as OPEC+ addresses market weakness-September 18th,2020
America’s Roundup: Dollar slides as risk sentiment rises on U.S. stimulus hopes, Wall Street surges, Gold dips,Brent pares losses, U.S. crude up on stimulus hopes-October 1st,2020
Asia Roundup: Antipodeans at multi-week lows on additional monetary easing expectations, dollar rallies amid coronavirus concerns, Asian shares plunge amid fading global recovery hopes - Thursday, September 24th, 2020
America’s Roundup: Dollar holds strong gains against eruro,Wall Street closes lower, Gold touches six-week low, Oil edges higher after U.S. crude, fuel stockpiles draw down-September 24th,2020
America’s Roundup: Dollar eases from two-month high as equities rally,Wall street rises,Gold holds steady, Oil up 1% on economic hope; virus fears check price gains-September 29th,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
Asia Roundup: PBoC keeps Prime rate unchanged at 4.15 pct, Asian markets mixed, gold back above $1,560 mark - Monday, January 20, 2020
Economic Data Ahead
Key Events Ahead
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.01% to 97.61.
EUR/USD: The euro trades marginally higher against U.S. dollar and currently trading $1.1096 mark on Monday. A sustained close above $1.1088 will drag the parity higher towards key resistances around $1.1142, $1.1390, $1.1472, $1.1550, $1.1620 and $1.1820 marks respectively. On the other hand, a consistent close below $1.1088 will drag the parity down towards key supports around $1.1017, $1.0919 and $1.0852 levels respectively.
USD/JPY: The Japanese yen remains almost unchanged against U.S. dollar and stabilizes above 110.00 mark. The pair is currently trading around 110.16 mark. A sustained close above 110.16 is required to take the parity higher towards key resistances around 110.50, 112.60 and 113.98 marks respectively. Alternatively, a daily close below 109.89 will drag the parity down towards key support around 108.40, 106.90 and 104.20 marks respectively.
GBP/USD: The Pound trades flat against U.S. dollar and stabilizes below $1.30 mark. A sustained close below $1.2935 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 $1.3045, $1.3335, $1.3422 and $1.3515 levels respectively.
AUD/USD: The Aussie rises gradually against U.S. dollar and hovers around $0.6880 mark. Pair made intraday high at $0.6886 and low at $0.6872 mark. A consistent close below $0.6873 requires for downside rally towards $0.6838 and $0.6754 mark respectively. On the other side, a sustained close above $0.6873 will take the parity higher towards $0.6942, $0.7076 and $0.7122 levels respectively.
NZD/USD: The Kiwi rises on Monday and stabilizes above $0.6600 mark. The pair is currently trading around $0.6620 mark. A sustained close above $0.6646 requires for the upside rally. Alternatively, a consistent close below $0.6590 will take the parity down towards key supports around $0.6502, $0.6424, $0.6323, $0.6236 and $0.6196 levels respectively.
Japan’s Nikkei was trading 0.24 pct higher at 24,099.50 points.
Australia’s S&P/ASX 200 was trading 0.26 pct higher at 7,082.10 points.
Hong Kong’s hang seng was trading 0.44 pct lower at 28,929.25 points.
South Korea’s Kospi was trading 0.80 pct higher at 2,268.57 points.
Taiwan’s TWII was trading 0.30 pct higher at 12,127.66 points.
India’s NSE was trading 0.20 pct lower at 12,327.50 points and BSE sensex points 0.16 pct lower at 41,876.32 points.
Gold trades marginally higher on Monday and hovers around $1,560 mark. A sustained close above $1,574 requires for the upside rally. On the other side, a consistent close below $1,546 will drag the parity down towards key supports around $1,530, $1,511, $1,490, $1,472 and $1,458 mark respectively. On the top side, key resistances are seen at $1,574, $1,597 and $1,611 mark respectively.
Oil prices start a new on a higher note. Brent crude futures were up by 74 cents to $65.59. The West Texas Intermediate contract was up by 58 cents at $59.12 a barrel, after rising to $59.73 in early Asia.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, trades lower to 1.174 percent, the yield on the long-term 15-year bond trades down to 1.279 percent and the yield on short-term 2-year fell nearly 0.004 pct to 0.763 percent.
The yield on the benchmark 10 - year JGB note, which moves inversely to its price, trades flat at 0.006 points, the yield on the long-term 30 - year rose 0.004 pct to 0.463 points and the yield on short-term 2 - year fell to -0.122 points.