America’s Roundup: Dollar hits three-week high, driven by recent data ,Wall Street slips, Gold edges lower, Oil falls as storm-hit U.S. supply trickles back into market-September 18th,2021
America’s Roundup: Dollar drops with US yields, euro buoyed as ECB trims emergency support, Wall Street closes down, Gold gains, Oil dives late, hit by China supply plan, U.S. bond auction-10th Sepember,2021
America’s Roundup: Dollar turns negative on inflation data, Wall street dips,Gold climbs, Oil settles unchanged as latest storm spares U.S. energy sector-September 15th,2021
Europe Roundup; Sterling steadies near 5-week highs against dollar, European shares dips,Gold little changed, Oil hits 6-week high as U.S. Gulf braces for another hurricane-September 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
America’s Roundup: Dollar little changed as US jobs data report looms ,Wall Street ends lower ,Gold rises, Oil settles down 1% as U.S. refineries shut; Washington pushes OPEC to pump more-September 1st,2021
Europe Roundup: Euro dips ahead of Thursday’s ECB meeting, European stocks gain, Gold steadies, Oil down after deep Saudi price cuts spur demand concerns-September 6th,2021
America’s Roundup: Dollar gains after hitting near two-week low, Wall Street ends mixed, Gold dips, Oil settles up as U.S. producers, refiners assess storm damage-August 31st,2021
America’s Roundup: Dollar softens after ADP data, Wall Street ends mixed,Gold little changed, Oil steadies, OPEC+ sticks to gradual output hikes-September 2nd,2021
Europe Roundup: Sterling dips for second day against dollar,European stocks slip, Gold slips, Oil mixed, fears of slower demand weigh on sentiment-September 7th,2021
America’s Roundup: Dollar extends gains, Wall Street ends lower, Gold hits two-week low, Oil settles up 1% on low U.S. output after hurricane, Oil settles up 1% on low U.S. output after hurricane-September 9th,2021
America’s Roundup: Dollar index climbs after U.S. retail sales show surprise rebound ,Wall Street slips, Gold slides, Oil prices steady as U.S. storm threat wanes-September 17th,2021
Europe Roundup: Sterling dips against dollar after retail sales data, European shares dips, Gold recoups some losses, Oil holds above $75 as storm-hit U.S. supply returns slowly-September 17th,2021
America’s Roundup: Dollar eases ahead US payrolls data, Wall Street ends higher, Gold eases,Oil rises on economic recovery hopes, weaker dollar-September 3rd,2021
Europe Roundup: Sterling dips as traders assess inflation impact, European shares gain,Gold dips, Oil holds above $75 as U.S. inventory drop supports-September 16th,2021
Europe Roundup: Sterling slips ahead of vote on new UK tax, European stocks fall, Gold edge higher, Oil climbs on slow U.S. supply return after Hurricane Ida-September 8th,2021
Europe Roundup: Euro gains after upbeat German manufacturing and retail sales data, European shares rises, Gold slips, Oil prices hit by concern over Chinese economy and higher supply-August 2nd,2021
•German Jun Retail Sales (YoY) 4.2%, -2.2% forecast,-2.4% previous
•Swiss Jul CPI (MoM) -0.1%, -0.1% forecast 0.1% previous
•Swiss Jun Retail Sales (YoY) 0.1%,2.8% previous
•Italian Jul Manufacturing PMI 60.3,61.5 forecast, 62.2 previous
•French Jul Manufacturing PMI 58.0, 58.1 forecast, 58.1 previous
• German Jul Manufacturing PMI 65.9,65.6 forecast, 65.6 previous
• EU Jul Manufacturing PMI 62.8, 62.6 forecast, 63.4 previous
•UK Jul Manufacturing PMI 60.4,60.4forecast, 60.4 previous
Looking Ahead –Economic Data (GMT)
•13:00 French 6-Month BTF Auction -0.642% previous
•13:00 French 3-Month BTF Auction -0.646% previous
•13:45 Jul Manufacturing PMI 63.1 previous
•14:00 US Jul ISM Manufacturing Employment 49.9 previous
•14:00 US Jun Construction Spending (MoM) 0.4% forecast, -0.3% previous
•14:00 US Jul ISM Manufacturing Prices 92.1 previous
•14:00 US Jul ISM Manufacturing PMI 60.9 forecast, 60.6 previous
•14:00 US Jul ISM Manufacturing New Orders Index 66.0 previous
Looking Ahead - Events, Other Releases (GMT)
•No significant events
EUR/USD: The euro rose against dollar on Monday as better than expected Germany's retail and manufacturing boosted euro. German retail sales increased much more than expected in June following an easing of COVID-19 restrictions while, faster growth in new orders and employment boosted Germany's manufacturing sector in July. The Federal Statistics Office said retail sales rose 4.2% on the month in real terms after an upwardly revised increase of 4.6% in May. The June reading was more than double the forecast for a rise of 2.0%. Immediate resistance can be seen at 1.1904(38.2%fib), an upside break can trigger rise towards 1.1962(23.6%fib).On the downside, immediate support is seen at 1.1861 (50% fib), a break below could take the pair towards 1.1828(9DMA).
GBP/USD: Sterling edged higher on Monday versus the dollar, ahead of a Bank of England meeting later in the week, as global risk tone improved on optimism for the U.S. infrastructure bill. A drop in COVID-19 cases and the reopening of the British economy have fuelled a rebound in the pound in July, with the currency re-emerging from its biggest fall in nine months in June. Sterling rose 0.2% versus the dollar to $1.3928 by 0830 GMT, after hitting a five-week high of $1.3983 on Friday, closing its best week versus the weakening greenback since early May. Immediate resistance can be seen at 1.3931(Daily high),an upside break can trigger rise towards 1.3995(23.6%fib).On the downside, immediate support is seen at 1.3886 (38.2%fib), a break below could take the pair towards 1.3842 (9DMA).
USD/CHF: The dollar held near recent lows against the Swiss franc on Monday as traders held tight positions heading into a busy week that includes U.S. jobs data and an Australian central bank decision.The dollar index , which measures the greenback against six major peers, stood at 92.065, down slightly from Friday, when it dipped as low as 91.775 for the first time since June 28. At 10:45 GMT, the dollar was trading 0.03 percent lower versus the swiss franc at 0.9048.Immediate resistance can be seen at 0.9071(38.2%fib), an upside break can trigger rise towards 0.9111 (50%fib).On the downside, immediate support is seen at 0.9041 (30th July low), a break below could take the pair towards 0.9023 (23.6%fib).
USD/JPY: The dollar declined against the Japanese yen on Monday ahead of U.S. jobless claims and payrolls data later this week .Economists in a poll forecast a 926,000 job increase in July's non-farm payrolls number, due Friday, which would be the biggest increase for 11 months. The U.S. unemployment rate is forecast to fall to 5.7%, from 5.9% in June . At 10:45 GMT, the dollar was trading 0.12 percent lower versus the swiss franc at 109.54.Strong resistance can be seen at 109.73(38.2%fib), an upside break can trigger rise towards 109.97 (Higher BB).On the downside, immediate support is seen at 109.40 (50%fib), a break below could take the pair towards 109.00(Psychological level).
European stocks scaled fresh peaks on Monday, driven by dealmaking activity and strong results from Europe’s biggest bank HSBC, with a rebound in Asian stocks also helping set a bright start to August.
At (GMT 10:46),UK's benchmark FTSE 100 was last trading up at 0.89 percent, Germany's Dax was up by 0.01 percent, France’s CAC was last up by 0.60 percent.
Gold prices fell on Monday as an increase in appetite for riskier assets weighed on the safe-haven metal, while investor focus is turning to a key U.S. employment report due later in the week to gauge the health of the labour market.
Spot gold was down 0.4% at $1,806.90 per ounce by 0930 GMT. U.S. gold futures dipped 0.4% to $1,810.10 per ounce.
Oil prices fell on Monday as worries over China's economy resurfaced after a survey showing growth in factory activity slipped sharply in the world's second-largest oil consumer, with concerns compounded by higher crude output from OPEC producers.
Brent crude oil futures slid by 79 cents, or 1.06%, to $74.62 a barrel by 0945 GMT, having earlier touched a low of $74.10.