Asia Roundup: Aussie strengthens against major peers on the back of higher than expected employment change data, most Asian markets in red, gold hovers around $1,560 mark - Thursday, January 23, 2020
America’s Roundup: Dollar gains on U.S. economic optimism, Wall Street hits new high,Gold edges higher, Oil steadies as Chinese economy offsets trade optimism-January 18th,2020
Asia Roundup: Aussie falls noticeably against U.S. dollar, hits fresh 6 – week low at $0.6827 mark; Asian markets in green; gold touches $1,550 mark in early Asia - Wednesday, January 22, 2020
America’s Roundup: Dollar dips vs yen as investors reach for safe havens on virus scare. Wall Street dips, Gold eases, Oil falls heads for weekly loss as China virus fears swell-January 25th,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
Asia Roundup: Japanese yen rebounds as U.S. says China tariffs in place till Phase 2 deal, greenback consolidates following mixed CPI figures, Asian shares plunge - Wednesday, January 15th, 2020
Asia Roundup: Aussie rallies on U.S.-China trade deal optimism, Asia shares at 19-month highs, investors eye UK economic data - Monday, January 13th, 2020
America’s Roundup: Dollar gains vs euro as ECB holds policy steady, Wall Street ends lower, Gold dips, Oil falls 2% as spectre of China virus threatens fuel demand-January 24th,2020
Europe Roundup: Sterling recovers as traders wait for data cues on BoE rate cut, European shares edge higher, Gold inches down, Oil rises after U.S.-China deal, IEA forecast limits gains-January 16th, 2020
Europe Roundup: Sterling rallies after upbeat UK jobs data, European shares falls, Gold eases, Oil prices slide as supply concerns fade-January 21st,2020
Asia Roundup: Dollar gains against yen on U.S.-China trade deal optimism, oil rallies as U.S. crude inventories decline more than expected; investors eye German CPI - Thursday, January 16th, 2020
Asia Roundup: Japanese yen at 7-1/2 month low as risk sentiment improves; Aussie consolidates despite upbeat Chinese data, Asian shares surge - Friday, January 17th, 2020
America’s Roundup: Dollar gains ahead of U.S.-China trade deal, Wall Street dips ,Gold slips, Oil edges up after five days of losses ahead of U.S.-China trade pact-January 15th,2020
Europe Roundup: Sterling falls as slowing growth increases rate cut speculation,European shares flat, Gold slips 1% . Oil steady as fears over U.S.-Iran conflict ease-January 13th, 2020
Europe Roundup: Sterling firms as rate-cut talk abates, European shares rebound, Gold slips, Oil dips as surplus forecast overshadows Libya disruption-January 22nd 2020
Asia Roundup: Japanese yen eases as Washington drops China FX manipulator label, Asian shares at record high, investor await U.S.-China trade deal - Tuesday, January 14th, 2020
America’s Roundup: Dollar slips on fresh doubts on trade deal,Wall Street slips, Gold edges down, Oil prices fall almost 2% on trade talks uncertainty-November 19th,2019
• Markets await Fed minutes due on Wednesday
• US Nov NAHB Housing Market Index 70, 71 forecast, 71 previous
• US 3-Month Bill Auction 1.540%, 1.565% previous
• US 6-Month Bill Auction 1.540%, 1.550% previous
Looking Ahead - Economic Data (GMT)
• 21:45 New Zealand PPI Input (QoQ) (Q3) 0.5% forecast, 03 previous
• 21:45 New Zealand PPI Output (QoQ) (Q3) 0.3% forecast, 0.5% previous
• 02:00 New Zealand Oct RBNZ Offshore Holdings
• 07:00 UK Oct Car Registration (MoM) 270.8% previous
• 07:00 UK Oct Car Registration (YoY) 1.3% previous
Looking Ahead - Events, Other Releases (GMT)
• 22:05 Australia RBA Assist Gov Kent Speaks
• 00:30 Australia RBA Meeting Minutes
EUR/USD: The euro strengthened against the U.S. dollar on Monday, as euro was supported by caution over U.S.-China trade talks. President Donald Trump had not yet agreed to remove any tariffs as part of a trade deal, and the size of China’s commitment to purchase U.S. farm products was not yet clear, Commerce Secretary Wilbur Ross said on Friday.At (GMT 2148),the euro was up 0.20% at $1.1071. The index which tracks the greenback against six major currencies was down at 97.82.Immediate resistance can be seen at 1.1094 (100 DMA), an upside break can trigger rise towards 1.1175 (200 DMA).On the downside, immediate support is seen at 1.1040 (50 DMA), a break below could take the pair towards 1.1000 (Psychological level).
GBP/USD: The pound strengthened against the dollar Monday, as investors’ attention turned on political developments as election campaigning gets under way. With just over five weeks until the UK heads to the polls on Dec. 12, the Conservative party is leading in the polls and the risk of a “no-deal” Brexit is considered to have been reduced. The pound was up 0.4% against the dollar at $1.2946 after touching $1.2961 in early US trading, its highest since Nov. 1. Immediate resistance can be seen at 1.2984 (Higher BB), an upside break can trigger rise towards 1.2300 (Psychological level).On the downside, immediate support is seen at 1.2890 (5 DMA), a break below could take the pair towards 1.2864 (11 DMA).
USD/CAD: The Canadian dollar was little changed against the greenback on Monday, pulling back from an earlier 10-day high as global trade optimism faded and domestic inflation data loomed later in the week that could help guide the interest rate outlook. The rally in global stocks stalled and the price of oil, one of Canada's major exports, turned lower after CNBC reported that the mood in Beijing about a trade deal with the United States was pessimistic due to U.S. President Donald Trump's reluctance to roll back tariffs. At 9:29 a.m. (1429 GMT), the Canadian dollar was last trading nearly unchanged at 1.3223 to the greenback. Immediate resistance can be seen at 1.3234(5 DMA), an upside break can trigger rise towards 1.3300 (Psychological level).On the downside, immediate support is seen at 1.3200 (11DMA), a break below could take the pair towards 1.3153 (21 DMA).
USD/JPY: The U.S. dollar declined against the yen on Monday, as media report dashed fresh hopes that the United States and China are close to reaching a trade. China is pessimistic about reaching a trade deal due to U.S. President Donald Trump’s reluctance to roll back tariffs. At (GMT 21:49),the dollar was 0.05 percent lower versus the Japanese yen at 108.67. Strong resistance can be seen at 109.09 (Daily High), an upside break can trigger rise towards 109.93 (300 DMA).On the downside, immediate support is seen at 108.21 (50 DMA), a break below could take the pair towards 108.00 (Psychological level).
European stocks ended flat on Monday as a spurt of defensive buying over uncertainty surrounding U.S.-China trade talks helped temper losses in the auto sector.
UK's benchmark FTSE 100 closed up by 0.07 percent, Germany's Dax ended down by 0.26 percent, France’s CAC finished the day down by 0.16 percent.
Wall Street’s main indexes eased from record levels on Monday after a report stoked fresh fears about a resolution to the U.S.-China trade dispute that has hit global growth and roiled financial markets over the past 16 months.
At (19:10 GMT) Dow Jones was up by 0.11 percent, S&P 500 was up by 0.05 percent, Nasdaq was up by 0.11 percent.
U.S. long-dated Treasury yields fell to two-week lows on Monday, after a report triggered fresh doubts about a trade deal between the United States and China.
U.S. 10-year note yields fell to two-week lows of 1.8% and were last down 1.810%, from 1.734% late on Friday.
Yields on 30-year bonds also slid to two-week troughs of 2.282% and last changed hands at 2.286% from 2.311% on Friday.
Gold edged up on Monday, erasing losses from earlier in the session as fresh doubts over a U.S.-China trade deal pushed Wall Street into the red.
Spot gold was up 0.3% at $1,471.92 per ounce as of 01:51 p.m. ET (1851 GMT), reversing course from earlier when prices fell to as low as $1,455.87 on optimism constructive trade talks had taken place between the world's two largest economies over the weekend.
U.S. gold futures settled up 0.2% at $1,471.90 per ounce.
Oil prices fell almost 2% on Monday, erasing last week’s gains and tumbling alongside U.S. stocks on uncertainty over a trade deal between the United States and China.
Brent crude futures fell $1.14, or 1.8%, to trade at $62.16 per barrel by 12:16 p.m. CST (1816 GMT). West Texas Intermediate (WTI) crude was down $1.02 cents, or 1.8%, at $56.70 a barrel. Both benchmarks posted their second straight weekly gain last week, with Brent rising 1.3% and WTI up 0.8%.
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