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 pushes higher as virus spreads, Wall Street sinks, Gold gains as much as 2.8%, Oil slumps 5%-February 25th, 2020
Europe Roundup: Euro drops against dollar after bleak German investor survey,European shares slump, Gold rises, Oil drops below $57 on coronavirus impact and OPEC+ delay-February 18th,2020
Asia Roundup: Japanese yen rallies as investors stampede to safe-haven assets, greenback at 3-week low as pandemic fears lift Fed rate-cut bets, Asian shares plunge - Friday, February 28th, 2020
Asia Roundup: Antipodeans plunge as pandemic fears grow, euro rallies to 2-week peak on stimulus expectations, Asian shares slump - Thursday, February 27th, 2020
Asia Roundup: Antipodeans ease as virus spreads globally, Japanese yen rallies as virus concern spurs safe-haven demand, Asian shares decline - Monday, February 24th, 2020
Europe Roundup: Sterling dips as coronavirus fears rattle nerves ,European share slide 3%, Gold rises, Oil prices on track for biggest weekly fall in four years-February 28th,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
Europe Roundup: Sterling rebounds as recovery in risk appetite hits dollar, European shares dip,Gold retreats from seven-year high, Oil steadies above $56-February 25th,2020
Europe Roundup:Sterling weakens on rate-cut expectations, European shares fall,Gold gains, U.S. crude drops below $50-February 26th,2020
America’s Roundup: Dollar retreats as coronavirus fallout lifts rate cut expectations, Gold pares gains, Oil prices dive to lowest in over a year on coronavirus fears-February 28th,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
Asia Roundup: Antipodeans await coronavirus clarity, euro consolidates near 3-year low on growth concerns, Asian shares nudge higher - Monday, February 17th, 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
Europe Roundup: Euro dips coronavirus outbreak’s pace sparks new fears, European shares slump, Gold jumps over 2%, Oil prices drop 4%-February 24th,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
Asia Roundup: Japanese yen trades marginally higher after manufacturing PMI data, Asian markets slightly down, gold hovers around $1,500 mark- Thursday, August 22, 2019
Economic Data Ahead
Key Events Ahead
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.02% to 98.32.
EUR/USD: The euro trades flat against U.S. dollar and remains well supported below 1.11 mark. It made intraday high at $1.1092 and low at $1.1081mark. A consistent close below $1.1074 will drag the parity down towards key supports around $1.1026 and $1.0852 levels respectively. Alternatively, reversal from key support will drag the parity higher towards key resistances around $1.1158, $1.1220, $1.1390, $1.1472, $1.1550, $1.1620 and $1.1820 marks respectively.
USD/JPY: The Japanese yen trades marginally higher against U.S. dollar after robust manufacturing PMI data and trading around 106.44 mark. It made intraday high at 106.65 and low at 106.40 levels. A sustained close above 106.73 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 flat against U.S. dollar and stabilizes above $1.2100 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 $1.2177, $1.2226, $1.2383, $1.2576 and $1.2772 levels respectively.
AUD/USD: The Aussie depreciates against U.S. dollar as Australia’s manufacturing PMI as well as services PMI data miss expectations. The pair made intraday high at $0.6787 and low at $0.6758 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 noticeably against U.S. dollar and hits lowest level since Jan 2016. Pair made intraday high at $0.6407 and low at $0.6371. A sustained close above $0.6480 requires for the upside rally. Alternatively, current downside rally will take the parity down towards key supports around $0.6347, $0.6236 and $0.6196.
Japan’s Nikkei was trading 0.02 pct lower at 20,615.50 points.
Australia’s S&P/ASX200 was trading 0.67 pct higher at 6,513.55 points.
Hong Kong's hang seng index was trading 0.98 percent lower at 26,013.48 points.
Taiwan stock was trading 0.01 percent higher at 10,527.55 points.
South Korea’s kospi was trading 0.40 percent lower at 1,956.06 points.
India’s NSE Nifty was trading 0.47 pct lower at 10,870.44 points while BSE sensex was trading 0.40 points lower at 36,907.78 points.
Oil prices were trading slightly lower on Thursday. U.S. Crude Oil WTI Futures were trading 0.23% lower to $55.45. International Brent Oil Futures fell 0.48% to $60.01.
Gold trades flat at $1,500 on Thursday after disappointed FOMC meeting minutes. Pair made intraday high at $1,504 and low at $1,498 mark. Sustained close above $1,522 requires for the upside rally. Alternatively, reversal from key resistance will drag the parity down towards $1,472 and $1,445 marks respectively.
The Japanese government bond yields deteriorated at close of morning session Thursday as Asian markets are yet to digest the FOMC July meeting minutes, released overnight amid ongoing global economic disturbances. At close, the yield on the benchmark 10-year JGB note, which moves inversely to its price, slumped 5 basis points to -0.243 percent, the yield on the long-term 30-year hovered around 0.184 percent and the yield on short-term 2-year slipped 1-1/2 basis points to -0.305 percent.
Wall street edged up, while the U.S. Treasuries suffered, with the year yield curve briefly inverting again; hopes still remain high of a trade deal between the U.S. and China.
The Australian government bonds gained during Asian session Thursday despite a dovish FOMC meeting minutes revealed in the overnight session, while investors are still eyeing a plausible trade deal between the United States and China. The yield on Australia’s benchmark 10-year note, which moves inversely to its price, slipped 1-1/2 basis points to 0.917 percent, the yield on the long-term 30-year bond edged tad lower at 1.549 percent while the yield on short-term 2-year too traded 1/2 basis point lower at 0.737 percent.