America’s Roundup: Dollar steady after jobs miss as investors bet taper is on track, Wall Street ends lower, Gold pares gains, Oil rises as the energy crunch shows no signs of slowing down-October 9th,2021
Europe Roundup: Sterling unmoved by strong Q2 GDP growth, as inflation fears bite, European shares rebound, Gold climbs, Oil falls after U.S. inventories swell-September 30th,2021
America’s Roundup: Dollar dips in choppy trading, Wall Street rises, Gold rises to one-month high, Oil prices rise, as Saudis dismiss supply concerns as demand grows-October 15th,2021
America’s Roundup: Dollar rises against its rivals, Wall Street ends lower,Gold slides over 1%, Brent dips after topping $80 a barrel, highest since Oct 2018-September 29th,2021
America’s Roundup: Dollar firms ahead of U.S. jobs data, Wall Street ends sharply higher ,Gold edges down, Oil hits multi-year highs as OPEC+ sticks to output plan-October 6th ,2021
Europe Roundup: Sterling holds above $1.36 after UK GDP data, European stocks gain, Gold gains, Oil falls on concerns of faltering economic growth to hit demand-October 13th, 2021
America’s Roundup: Dollar hits one-year high as U.S. yields rise, Wall Street closes lower ,Gold gains, Oil steadies as energy crisis increases volatility-October 13th,2021
America’s Roundup: Dollar near one-year high,Wall Street surges, Gold dips, Oil eases as U.S. mulls strategic reserve sales-October 8th,2021
Europe Roundup: Euro eases on firm dollar as Fed seen sticking to taper plans European stocks slip,Gold eases, Oil jumps to multi-year highs on global energy crunch-11th October,2021
Europe Roundup: Sterling consolidates around $1.37,European shares rise,Gold little changed, Brent oil nears $80 a barrel amid supply constraints-September 27th,2021
America’s Roundup: U.S. dollar slides for 2nd day, Wall Street rises, Gold firms, Oil settles near 3-year high ahead of OPEC+ meeting-October 2nd ,2021
America’s Roundup: Dollar vaults to nearly 3-year high vs yen, Wall Street ends lower, Gold slips, Oil settles up 1.5%; hits multi-year highs on surging demand-October 12th,2021
Europe Roundup: Sterling hovers near six-day highs vs dollar, European shares dips,Gold slips, Oil steady ahead of OPEC+ supply policy meeting-October 4th,2021
Europe Roundup: Sterling dips as risk sentiment sours, European stocks hit 2-month lows, Gold eases,Oil slips to $78-October 1st,2021
America’s Roundup: U.S. dollar slips from one-year high after employment data, Wall Street slides, Gold jumps 2%, Oil steadies after report China ready to buy more-October 1st,2021
America’s Roundup: Dollar eases from one-year high after US inflation data, Wall Street ends higher, Gold jumps 2% ,Oil eases on profit taking, demand jitters; stays near highest in years-October 14th,2021
America’s Roundup: U.S. dollar index hits 4-week high, US stocks fall,Gold firms, Oil falls 2% on risk aversion-September 21st,2021
•French 6-Month BTF Auction -0.681%,-0.675% previous
• French 3-Month BTF Auction -0.652%,-0.651% previous
• French 12-Month BTF Auction -0.657%,-0.649% previous
• US Sep NAHB Housing Market Index 76,74 forecast, 75 previous
• US 3-Month Bill Auction 0.035%,0.040% previous
• US 6- Month Bill Auction 0.045%,0.050% previous
Looking Ahead Economic Data (GMT)
•03:00 New Zealand Credit Card Spending (YoY) 6.9% previous
Looking Ahead - Events, Other Releases (GMT)
• 01:30 Australia RBA Meeting Minutes
EUR/USD: The euro declined against dollar on Monday as dollar firmed ahead of a week packed with global central bank meetings. Ahead this week, no fewer than a dozen central banks hold meetings, but traders' top focus is on the Fed where expectations for a tapering signal are keeping the dollar bid.The Fed concludes a two-day meeting on Wednesday and consensus is that it will stick with broad plans for tapering this year but will hold off providing details or a timeline for a at least a month. Immediate resistance can be seen at 1.1738 (50%fib), an upside break can trigger rise towards 1.1771(61.8%fib).On the downside, immediate support is seen at 1.1697(38.2%fib), a break below could take the pair towards 1.1650 (23.6%fib).
GBP/USD: Sterling hit a one-month low against the dollar on Monday as a global sell-off prompted by China's struggling Evergrande hit risk-oriented currencies while uncertainties about the Bank of England's monetary policy and surging gas prices also weighed. At 0827 GMT, the pound was about 0.5% lower against the dollar at $1.3662, its lowest level since Aug. 23. Versus the euro , sterling was down 0.32% at 0.8561 pence, a low not reached since Sept. 9. Immediate resistance can be seen at 1.3697(50%fib),an upside break can trigger rise towards 1.3741 (38.2%fib).On the downside, immediate support is seen at 1.3664(Lower BB), a break below could take the pair towards 1.3648(61.8%fib).
USD/CAD: The Canadian dollar edged higher against the U.S. currency on Monday, with investors focused on a federal election two years ahead of schedule that will determine whether Prime Minister Justin Trudeau stays in power . Trudeau may well prevail in Monday’s election but he could lose his bid for a parliamentary majority after a tough campaign that dashed hopes for a convincing win. The incumbent Canadian leader has a minority administration that forced him to rely on other parties and make policy compromises to govern. The loonie was trading 0.01% higher at 1.2800 to the greenback , after touching its weakest intraday level since Aug. 20 at 1.2895.Immediate resistance can be seen at 1.2832 (23rd Aug high), an upside break can trigger rise towards 1.2885(23.6%fib).On the downside, immediate support is seen at 1.2798 (38.2%fib), a break below could take the pair towards 1.2724 (50%fib).
USD/JPY: The dollar dipped against yen on Monday as investors stayed cautious ahead of a week packed with local and global economic indicators. Investors turned risk averse amid concerns around debt-laden Chinese developer Evergrande's inability to pay part of its huge debt due on Thursday. The market will also track the U.S. Federal Reserve's policy meeting, due to end on Wednesday, for indications on when it will start tapering its bond purchase programme.Strong resistance can be seen at 110.02(23.6%fib), an upside break can trigger rise towards 110.28(Higher BB).On the downside, immediate support is seen at 109.62(38.2%fib), a break below could take the pair towards 109.33(50%fib).
European shares tumbled on Monday as growing solvency worries about property group China Evergrande spooked investors, in a dour start to a week packed with meetings of major central banks.
UK's benchmark FTSE 100 closed down by 0.86 percent, Germany's Dax ended down by 2.31 percent, France’s CAC finished the day down by 1.74 percent.
Wall Street's main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of a week in which the Federal Reserve will decide on potentially tapering its pandemic-era stimulus.
Dow Jones closed down by 1.78% percent, S&P 500 closed down by 1.70 % percent, Nasdaq settled down by 2.78% percent.
U.S. Treasury yields fell on Monday as fears that property developer China Evergrande Group might default deepened a global equity sell-off and spurred investors to buy safe-haven bonds.
The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 1 basis points at 0.216%.
The breakeven rate on five-year U.S. Treasury Inflation-Protected Securities (TIPS) was last at 2.482%.
Gold rose on Monday as fears about the solvency of Chinese property group Evergrande sparked a flight to safe-haven assets, but gains were capped by strength in the dollar ahead of the U.S. Federal Reserve’s policy meeting.
Spot gold rose 0.5% to $1,762.66 per ounce by 1753 GMT. U.S. gold futures settled 0.8% higher at $1,765.40.
Oil prices fell 2% on Monday as investors grew more risk averse, which hurt stock markets and boosted the U.S. dollar, making oil more expensive for holders of other currencies
Brent crude fell $1.42, or 1.9%, to settle at $73.92 a barrel after sinking to a session low of $73.52. U.S. West Texas Intermediate (WTI) declined $1.68, or 2.3%, to end at $70.29 after falling to as low as $69.86.