America’s Roundup: Dollar index at near three-year high as yen sinks on stronger risk appetite ,Wall Street rise, Gold gains, Oil up on slowing pace of coronavirus, Venezuela sanctions-February 20th,2020
America’s Roundup: Dollar hits four-month high after upbeat U.S. jobs data ,Wall Street slips ,Gold gains, , Oil falls 1%-February 8th,2020
America’s Roundup: Dollar index hits highest since May 2017, Wall Street drops, Gold climbs to 7-year high, Oil prices rise as U.S. crude stocks build less than expected-February 21st,2020
America’s Roundup: Dollar gains on optimism coronavirus will be contained,Wall Street rises, Gold hits one-week low, Oil rises 3% as demand worries ease amid fewer new coronavirus cases-February 13th,2020
America’s Roundup: Dollar climbs as weak German data dents euro, Wall Street falls, Gold hits 1-month peak, Oil falls nearly 1% on virus impact-February 19th,2020
Asia Roundup: Aussie rebounds on upbeat wage data, euro slumps on weak economic outlook, greenback near 4-1/2 month peak as investors eye FMOC minutes - Wednesday, February 19th, 2020
Europe Roundup: Sterling falls for fourth day as dollar, EU talks offset retail bounce ,European shares muted, Gold eases, Oil holds near one-month high-February 20th,2020
Asia Roundup: Aussie eases following RBA meeting minutes, yen surges as coronavirus concerns linger, investors eye German ZEW survey- Tuesday, February 18th, 2020
America’s Roundup: Dollar gains as traders balance virus, economic reports, Wall Street slips, Gold rises, Oil prices climb on prospects for deeper OPEC+ output cuts-February 14th,2020
Asia Roundup: Antipodeans ease amid virus scare, euro near 3-year lows on weak growth outlook, investors eye EZ prelim GDP figures - Friday, February 14th, 2020
Europe Roundup: Euro falls below key $1.08 level,European shares rise, Gold holds above $1,600, Oil rises amid hope for short economic hit from coronavirus outbreak-February 19th,2020
Europe Roundup: Sterling rises higher on reassuring UK factory data, European shares fall, Gold at seven-year high, Oil falls 1%-February 21st,2020
Asia Roundup: Aussie near 11-year low as jobs data disappoint, greenback rallies to multi-year peak on stronger risk appetite, Asian shares surge - Thursday, February 20th, 2020
Asia Roundup: Kiwi rallies on RBNZ's hawkish stance, dollar gains against yen as new virus cases fall, Asian shares surge - Wednesday, February 12th, 2020
America’s Roundup: Dollar dips on virus concerns and consumer data, Wall Street dips, Gold eases, Oil prices rise more than 1%, on course for weekly gain-February 15th,2020
Europe Roundup: Sterling recovers from 2-1/2 month low against dollar, European shares edge lower, Gold steadies, Oil slips on weaker Chinese demand, traders await OPEC+ cuts-February 10th,2020
America’s Roundup: Dollar dips after U.S., China sign Phase 1 trade deal, Wall Street pares gains, Gold firms, Oil down slightly after U.S.-China trade deal, U.S. product build-January 16th,2020
• US Dec Core PPI (MoM) 0.1%,0.2% forecast, -0.2% previous
• US Dec Core PPI (YoY) 1.1%,1.3% forecast, 1.3% previous
• US Jan NY Empire State Manufacturing Index 4.80, 3.55 forecast, 3.50 previous
• US Dec PPI (MoM) 0.1% , 0.2% forecast, 0% previous
• US Crude Oil Inventories -2.549M, -0.474M forecast, 1.164M previous
• US Gasoline Inventories 6.678M, 3.386M forecast, 9.137M previous
• Brazil Foreign Exchange Flows1.110B,, -9.491B previous
Looking Ahead - Economic Data (GMT)
• 21:45 New Zealand Dec Electronic Card Retail Sales (MoM) -0.2%,2.6% previous
• 21:45 New Zealand Electronic Dec Card Retail Sales (YoY) 2.1%, 5.1% previous
• 23:00 Japan Jan Reuters Tankan Index -6 previous
• 23:30 Japan Core Machinery Orders (MoM) 3.2%, -6.0% previous
• 23:30 Japan Nov Core Machinery Orders (YoY) -5.4%,-6.1% previous
• 23:30 Japan Dec PPI (MoM) 0.2%, 0.2% previous
• 00:30 Australia Home Loans (MoM) 0.4%,0.6% previous
• 00:30 Australia Invest Housing Finance (MoM) 1.1% previous
• China Dec House Prices (YoY) 7.1% previous
• China Dec M2 Money Stock (YoY) 8.3% forecast, 8.2% previous
Looking Ahead - Events, Other Releases (GMT)
• No significant events
EUR/USD: The euro strengthened against the U.S. dollar on Wednesday, after the United States and China signed a deal to de-escalate their trade war. The two countries announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world's two largest economies. The euro was up 0.20 percent at $1.1150. An index that tracks the dollar versus a basket of six major currencies was down 0.16 at 97.23. Immediate resistance can be seen at 1.1163 (Daily High), an upside break can trigger rise towards 1.1217 (Higher BB).On the downside, immediate support is seen at 1.1102 (Jan 14th low), a break below could take the pair towards 1.1055 (Lower BB).
GBP/USD: Sterling declined against dollar Wednesday, before recovering some ground as investors scaled back expectations for further monetary easing at the next Bank of England policy meeting on Jan. 30. Sterling was last trading up 0.1% at $1.3023, having weakened to as low as $1.2955 earlier, bringing its year-to-date losses to almost 2%. Immediate resistance can be seen at 1.3067 (9 DMA), an upside break can trigger rise towards 1.3098 (11 DMA).On the downside, immediate support is seen at 1.2901 (Lower BB), a break below could take the pair towards 1.2832 (Nov 27th low).
USD/CAD: The Canadian dollar was little changed against the greenback on Wednesday as domestic data showed a drop in home sales and investors assessed the merit of a trade deal between the United States and China. Canadian home sales fell 0.9% in December from the previous month, breaking a streak of monthly gains that began last March, the Canadian Real Estate Association said. At (2029 GMT), the Canadian dollar was trading nearly unchanged at 1.3050 to the greenback . The currency, which last Thursday hit a near two-week low at 1.3104, traded in a range of 1.3057 to 1.3078. Immediate resistance can be seen at 1.3076 (Daily High), an upside break can trigger rise towards 1.3100 (Psychological level).On the downside, immediate support is seen at 1.3025 (5 DMA), a break below could take the pair towards 1.3000 (Psychological level).
USD/JPY: The dollar declined against the Japanese yen on Wednesday, as signing of a preliminary U.S.-China trade deal increased demand for safe haven yen. The U.S.-China Phase 1 agreement, due to be signed at the White House on Wednesday, marks the first step toward ending a damaging 18-month trade dispute between the world’s two largest economies. Beijing and Washington touted the “Phase 1” agreement as a step forward after months of start-stop talks, and investors greeted the news with relief. Strong resistance can be seen at 110.22 (Higher BB), an upside break can trigger rise towards 110.11 (May 22nd High).On the downside, immediate support is seen at 109.30 (5 DMA), a break below could take the pair towards 108.93 (11 DMA).
European shares ended flat on Wednesday as investors held back from making any big bets ahead of the signing of a Phase 1 trade deal between the United States and China.
UK's benchmark FTSE 100 closed up by 0.28 percent, Germany's Dax ended down by 0.18 percent, France’s CAC finished the day down by 0.14 percent.
U.S. stocks came off their session highs on Wednesday after the United States and China signed a long-awaited Phase 1 trade deal that will roll back some tariffs and boost Chinese purchases of U.S. goods and services.
Dow Jones closed up by 0.30 percent, S&P 500 ended up by 0.12 percent, Nasdaq finished up by 0.01 percent.
U.S. Treasury yields declined on Wednesday as investors repositioned around new data showing producer prices barely rose in December. The benchmark 10-year yield was down 3.5 basis points in morning trading to 1.783%.
Oil prices were down slightly on Wednesday, pressured early by data showing big increases in U.S. refined products but recovered some of the losses later by the signing of a Phase 1 trade deal between Washington and Beijing.
Brent futures lost 49 cents, or 0.8%, to settle at $64 a barrel, while U.S. West Texas Intermediate (WTI) crude ended 42 cents, or 0.7%, lower at $57.81.
Gold prices gained on Wednesday on hopes a U.S.-China trade deal will reduce tensions.
Spot gold rose 0.3% to $1,551.40 per ounce as of 1101 GMT, having slipped to a more than one week low of $1,535.63 in the previous session. U.S. gold futures gained 0.5% to $1,552.20.