America's Roundup:Dollar dips on mixed U.S. payrolls data,Wall Street advances,Gold falls 1%, Oil jumps as Fed signals it could act to sustain expansion-September 7th,2019
Asia Roundup: Antipodeans ease as China's slowdown deepens, dollar off highs against yen as Saudi facility attacks weaken risk sentiment, oil at 4-month peak - Monday, September 16th, 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
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 gains as no-deal Brexit fears ease, euro at 1-week peak as new Italian coalition government unveils cabinet, European shares surge - Thursday, September 5th, 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 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
Asia Roundup: Euro consolidates ahead of ECB policy decision, dollar rallies against yen as trade optimism boosts risk sentiment, Asia shares at 6-week peak - Thursday, September 12th, 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
America's Roundup: Euro gains after ECB decision, yen weakens on trade hopes, Wall Street gains, Gold dips, Oil prices fall 1% on U.S.-China trade doubts, OPEC+ talks-September 13th, 2019
America’s Roundup: Dollar gains as risk sentiment improves, Wall Street ends flat, Gold dips to 2-week low, Oil gets boost as new Saudi minister commits to output cuts-September 10th,2019
Europe Roundup: Sterling rallies as UK lawmakers try to avoid no-deal Brexit, euro steadies as Italian political tensions ease, European shares at 1-month peak - September 4th, 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
Europe Roundup: Sterling at 1-month peak as UK economy shows unexpected strength, euro rallies as EZ investor morale improves, European shares surge - Monday, September 9th, 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 on trade optimism, strong U.S. data, Wall Street ends higher, Gold slides 2%, Oil prices slip-September 6th, 2019
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.