Asia Roundup: Aussie at 1-month peak on upbeat home loan data, greenback halts 4-day losing streak on Fed Powell's comments, Asian shares surge - Monday, September 9th, 2019
Europe Roundup: Sterling off highs amid persisting no-deal Brexit concerns, greenback gains ahead of Fed policy meeting, oil rallies on Saudi facility attacks- Monday, September 16th, 2019
Europe Roundup: Sterling eases on growing Brexit uncertainty, euro gains as German investor morale improves, oil off highs as markets assess Saudi attack impact - Tuesday, September 17th, 2019
America's Roundup: Dollar gains on trade optimism, strong U.S. data, Wall Street ends higher, Gold slides 2%, Oil prices slip-September 6th, 2019
Asia Roundup: Antipodeans rally as global tensions abate, greenback steadies on firm U.S. economic data, investors eye EZ Q2 GDP - Friday, September 6th, 2019
Europe Roundup: Sterling eases on worse-than-expected retail sales, Swiss franc rallies as SNB keeps policy steady, European shares surge - Thursday, September 19th, 2019
Europe Roundup: Sterling consolidates near 6-week peak, Swiss franc, yen declines as China exempts some U.S. goods from retaliatory tariffs, European shares at multi-week peak - Wednesday, September 11th, 2019
Europe Roundup: Sterling eases as investors eye vote on early election, euro tumbles as EZ growth halves in Q2, markets await U.S. non-farm payroll report - Friday, September 6th, 2019
Asia Roundup: Aussie at 6-week peak amid optimism around U.S.-China trade talks, dollar gains against yen as risk appetite improves, Asian shares surge - Wednesday, September 11th, 2019
Europe Roundup: Sterling rallies above 1.2400 on Brexit deal hopes, gold set for third weekly decline, investors eye U.S. retail sales - Friday, September 13th, 2019
America’s Roundup: Dollar struggles to gain on Fed’s mixed messages, Wall Street ends mixed, Gold rises, Oil prices rise as Saudi supply risks come into focus-September 20th, 2019
Europe Roundup: Sterling eases as Brexit uncertainty persists, euro steadies as investors eye ECB policy decision and Draghi’s presser, European shares off 6-week peak - Thursday, September 12th, 2019
Asia Roundup: Antipodeans surge on trade optimism, euro advances after ECB cuts key rate and approves restarting bond purchases, Asian shares rally - Friday, September 13th, 2019
America's Roundup: Dollar gains ahead of ECB meeting, Wall Street gains, Gold climbs, Oil prices slide 2% after report Trump weighed easing Iran sanctions-September 12th,2019
America's Roundup: Euro gains as bank relief offsets ECB stimulus, Wall Street ends mixed, Gold eases,Oil dips as demand concerns counter U.S.-China trade hopes-September 14th,2019
Asia Roundup: Antipodeans decline on downbeat Chinese new home prices, greenback gains ahead of Fed policy meeting, Asian shares tumble - Tuesday, September 17th, 2019
Asia Roundup: Aussie strengthens on robust employment data, Asian markets noticeably down, gold back above $1,520 mark - Thursday, August 15, 2019
Economic Data Ahead
Key Events Ahead
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched slightly down 0.08% to 97.91.
EUR/USD: The euro trades marginally higher and currently trading around $1.1150 mark. It made intraday high at $1.1153 and low at $1.1132 mark. A consistent close below $1.1138 will drag the parity down towards key supports around $1.1075, $1.1026 and $1.0852 levels respectively. Alternatively, reversal from key support will drag the parity higher towards key resistances around $1.1220, $1.1390, $1.1472, $1.1550, $1.1620 and $1.1820 marks respectively.
USD/JPY: The Japanese yen trades flat against U.S. dollar, and consolidates around 105.95 mark. It made intraday high at 106.03 and low at 105.70 levels. A sustained close above 106.70 is required to take the parity higher towards key resistances around 107.56, 108.52, 109.62, 112.60 and 113.98 marks respectively. Alternatively, a daily close below 105.29 will drag the parity down towards key support around 104.20 mark.
GBP/USD: The pound trades almost flat against U.S. dollar and stabilizes above $1.20 mark. A sustained close below $1.2022 requires for dragging the parity down towards key support around $1.1920 and $1.1754 mark respectively. On the other side, key resistances are seen at $1.2226, $1.2383, $1.2576 and $1.2772 levels respectively.
AUD/USD: The Aussie rises against major peers on robust employment data. The pair made intraday high at $0.6783 and low at $0.6745 levels. A consistent close below $0.6747 requires for downside rally. On the other side, a sustained close above $0.6802 will take the parity higher towards $0.6977 and $0.7076 levels respectively.
NZD/USD: The New Zealand dollar falls gradually against U.S. dollar and currently stabilizes below $0.6480 mark. A sustained close above $0.6480 requires for the upside rally. Alternatively, key support was seen at $0.6434 mark.
Japan’s Nikkei was trading 1.68 pct lower at 20,320 mark.
Australia’s S&P/ASX200 was trading 2.66 pct lower at 6,421.55 points.
Hong Kong's hang seng index was trading 0.37 percent lower at 25,209.48 points.
Taiwan stock was trading 0.99 percent lower at 10,324.62 points.
South Korea and India markets will remain close for the day.
Oil prices were trading marginally lower on Thursday after the U.S. Energy Information Administration (EIA) reported a crude inventory build for a second week in a row. U.S. Crude Oil WTI Futures dropped 0.4% to $54.99. International Brent Oil Futures lost 0.6% to $59.12.
Gold reverses previous gain against U.S. dollar and currently touched $1,510 mark. Pair made intraday high at $1,524 and low at $1,510 mark. Sustained close above $1,515 requires for the upside rally. Alternatively, reversal from key resistance will drag the parity down towards $1,497 and $1,445 marks respectively.
The Australian 10-year government bond yield hit a record low during Asian trading session Thursday, as signs of a global economic recession stampede investors’ risk appetite. This comes in despite a promising report of the country’s employment report for the month of July, released early today. The yield on Australia’s benchmark 10-year note, which moves inversely to its price, slumped 5-1/2 basis points to 0.892 percent, the yield on the long-term 30-year bond plunged nearly 9-1/2 basis points to 1.457 percent while the yield on short-term 2-year traded flat at 0.735 percent.
The Japanese government bonds jumped Thursday on increased expectations the Bank of Japan (BoJ) will further ease monetary policy, on rising fears of a global economic downturn, with the U.S. treasury yield curve barely 2 basis points away from an inversion. The yield on the benchmark 10-year JGB note, which moves inversely to its price, plunged 23-1/2 basis points to -0.234 percent, the yield on the long-term 30-year suffered 4-1/2 basis points to 0.155 percent and the yield on short-term 2-year slumped nearly 28 basis points to -0.279 percent