America’s Roundup: U.S. dollar advances as Delta variant dampens risk appetite, Wall Street slips, Gold eases, Oil slumps as OPEC agrees output boost-July 20th,2021
America’s Roundup: Dollar edges higher as market awaits clues from U.S. Fed, Wall Street dips, Gold firms, Oil drops sharply after OPEC cancels meeting-July 7th,2021
America’s Roundup: Dollar little changed as fears of rate hikes subside, Gold inches higher, Oil prices rise as OPEC+ calls off output talks-July 6th,2021
Europe Roundup: Euro rebounds from 3-1/2 month lows ,European shares falls,Gold hits 1-month peak, Oil prices extend losses on expected supply increase-July 15th,2021
Europe Roundup: Euro climbs versus dollar, European shares slumps, Gold gains, Oil prices extend losses as OPEC+ uncertainty lingers-July 8th,2021
America’s Roundup: Dollar heads for second weekly rise, Wall Street closes at record highs, Gold dips, Oil edges up in weekly rebound on forecasts for tight supplies-24th July,2021
Europe Roundup: Euro softer after ECB pledged record low rates for longer, European shares gain,Gold little changed, Oil slips but set to end week steady on tight supply-July 23rd,2021
America’s Roundup: Dollar gains on upbeat U.S. retail sales data, Wall Street falls, Gold slips from one-month peak, Oil drops on rising supply concerns, increase in COVID cases-17th,July 2021
Europe Roundup:Euro falls ahead of ECB meeting, European shares fall, Gold prices at near 1-week low, Oil falls $2 after OPEC+ producers agree to raise output-19th July, 2021
Europe Roundup Euro gains after upbeat Euro zone business activity data, :European shares were pinned below record highs, Gold edges lower, Oil prices rise as OPEC + seeks to break the stagnation of the production pact-5th July,2021
America’s Roundup: Dollar weakens, Wall Street closes at record highs,Gold gains,Oil prices rise over 2% as U.S. inventories decline-10th,July 2021
America’s Roundup: Dollar falls from three-month high as traders unwind risk,Wall Street ends lower, Gold eases, Oil prices rise after big draw in U.S.crude, gasoline stocks-July 9th,2021
America’s Roundup: Dollar rises after U.S. inflation data, Wall Street falls, Gold flat, Oil gains nearly 2% as investors size up tight market-14th July,2021
Europe Roundup: Euro dips near 3-month low ,European shares gain, Gold prices gain, Oil rises but OPEC+ uncertainty clouds outlook-July 7th,2021
Europe Roundup: Euro edges higher against greenback ahead of ECB meeting, European stocks gains, Gold eases, Oil prices rise on signs of tightening supplies-22nd July,2021
Europe Roundup: Euro dips as investors focus shifts to Thursday's ECB meeting, European shares gain, Gold eases, Oil extends gains despite rise in U.S. inventories-21st July, 2021
Europe Roundup: Euro little changed as market participants focused on Thursday's European Central Bank meeting, European stocks ease, Gold slips, Oil eases on Iran concern-June 7th,2021
• Swiss May Unemployment Rate n.s.a 3.1%,3.3% previous
• Swiss May Unemployment Rate s.a. 3.0%, 3.1% previous
• German Apr Factory Orders (MoM) -0.2%, 1.0% forecast, 3.0% previous
• Swiss May CPI (YoY) 0.6%,0.6% forecast, 0.3% previous
• Swiss May CPI (MoM) 0.3%,0.3% forecast, 0.2% previous
• French May Reserve Assets Total 191,234.0M, 183,428.0M previous
•UK Halifax House Price Index (MoM) 1.3%,1.2% forecast, 1.4% previous
•UK Halifax House Price Index (YoY) 9.5%,8.2% previous
Looking Ahead - Events, Other Releases (GMT)
•13:00 French 12-Month BTF Auction -0.641% previous
•13:00 French 3-Month BTF Auction -0.633% previous
•13:00 French 6-Month BTF Auction -0.645% previous
•14:00 US May CB Employment Trends Index 105.40 previous
• 15:30 US 3-Month Bill Auction 0.020% previous
• 15:30 US 6-Month Bill Auction 0.035% previous
• 19:00 Apr US Consumer Credit 22.00B forecast, 25.84B previous
Looking Ahead - Economic events and other releases (GMT)
•No significant events
EUR/USD: The euro was little changed against dollar on Monday as as upcoming meeting of the European Central Bank on Thursday kept investors cautious. At the beginning of the new week, the euro is restricted in the currency market. The European Central Bank will adjust its pace of buying bank bonds in March to avoid rising borrowing costs and hindering economic recovery.Immediate resistance can be seen at 1.2176 (5DMA), an upside break can trigger rise towards 1.2198 (23.6%fib).On the downside, immediate support is seen at 1.2136(38.2%fib), a break below could take the pair towards 1.2096 (61.8%fib).
GBP/USD: The British pound strengthened against the dollar on Monday, despite doubts whether the government will stick to its plan, the quarantine restrictions on COVID-19 will be completely lifted in England on June 21. The pound is one the best performing G10 currencies this year as the rapid rollout of vaccines in the UK raised expectations of a quick reopening of the economy, but those hopes have faded somewhat in recent weeks as the rise in cases of Delta variant of COVID-19, first discovered in India, has prompted some scientists to advice postponement of the reopening date. Immediate resistance can be seen at 1.4196 (23.6%fib),an upside break can trigger rise towards 1.4248 (June 1st high).On the downside, immediate support is seen at 1.4142 (5DMA), a break below could take the pair towards 1.4071(38.2%fib).
USD/CHF: The dollar dipped against the Swiss franc on Monday, following lower-than-expected U.S. jobs data on Friday, as greenback lacked momentum as investors awaited key inflation data later this week. Market participants focused on US inflation data and the European Central Bank meeting, both on Thursday.At (GMT 12:51), greenback dipped 0.01% versus the Swiss franc to 0.8989. Immediate resistance can be seen at 0.8991(5DMA), an upside break can trigger rise towards 0.9027 (38.2%fib).On the downside, immediate support is seen at 0.9038(23.6%fib), a break below could take the pair towards 0.9000(Psychological level).
USD/JPY: The dollar declined against yen on Monday as markets digested Friday’s disappointing U.S. jobs report. The jobs data was seen as a relief for markets because it showed a pick-up in job growth was not strong enough to raise expectations for the U.S. Federal Reserve to tighten its monetary policy any sooner, hurting the dollar. Now investors pay attention to the US consumer price report due on Thursday, where the risk is of another high number, although the Fed is still argue the spike is temporary. The dollar was back at 109.26 yen from a peak of 110.62. Strong resistance can be seen at 109.62(38.2%fib), an upside break can trigger rise towards 110.00 (Psychological level).On the downside, immediate support is seen at 109.04(21DMA), a break below could take the pair towards 108.82(61.8%fib).
European stocks eased from all-time highs on Monday, with commodity shares leading the declines, as sentiment soured after weaker-than-expected China trade data and worries about inflation..
At (GMT 12:51),UK's benchmark FTSE 100 was last trading up at 0.39 percent, Germany's Dax was up by 0.10 percent, France’s CAC finished was up by 0.45 percent.
Gold retreated on Monday as the U.S. dollar firmed slightly, with investors’ focus switching to U.S. inflation readings later this week that might give some clue to how long the Federal Reserve will hold off from tapering monetary support.
Spot gold was down 0.3% to $1,883.50 per ounce by 0929 GMT. U.S. gold futures eased 0.3% to $1,885.40.
Oil fell after hitting a two-year high of over $ 72 a barrel on Monday, under pressure from the prospect of higher Iranian exports, although a rebound in demand and OPEC + supply restrictions provided underlying support.
Brent crude fell 22 cents, or 0.3%, to $71.67 by 1150 GMT, after earlier hitting $72.27, the highest since May 2019. U.S. West Texas Intermediate touched $70 for the first time since October 2018 but reversed course to trade down 21 cents or 0.3%, at $69.41.