America’s Roundup: Dollar slides as Trump's election tweet rattle markets,Wall Street falls ,Gold retreats, Oil down nearly 4% as virus surge weighs on demand outlook-July 31st,2020
Asia Roundup: Aussie steadies as RBA keeps policy steady, dollar gains against yen as investors await U.S. stimulus deal, Asian shares surge - Tuesday, August 4th, 2020
America’s Roundup: U.S. dollar skids to 4-month low, Wall Street closes lower, Gold jumps 1%,Oil falls on coronavirus demand concerns, weak U.S. jobs numbers-July 24th,2020
Asia Roundup: Dollar slumps against yen as investors eye Fed policy meeting outcome, U.S. stimulus talks; Asian shares nudge lower - Wednesday, July 29th, 2020
Asia Roundup: Dollar slumps across the board on abysmal U.S. economic data, Asian shares plunge, investors eye EZ CPI - Friday, July 31st, 2020
Europe Roundup: Euro hits 18-month high against dollar, European stocks dips ,Gold hits highest since 2011 on stimulus bets, Oil falls as inventories rise, U.S.-Chinese tensions escalate-July 22nd 2020
Europe Roundup: Euro rises on back of weaker dollar European shares fall, Gold soars to all-time high ,Oil slips on U.S.-China tensions,rising virus cases-July 27th,2020
Asia Roundup: Aussie gains on upbeat retail sales, greenback slumps amid U.S. stimulus doubts, Asian shares surge - Wednesday, July 22nd, 2020
America’s Roundup: Dollar steadies from 2-year lows, Wall Street closes lower, Gold retreats from record peak,Oil falls as U.S. stimulus package faces tough talks-July 29th,2020
Europe Roundup: Euro retreats from two-year high ahead of Fed meeting, European shares slides,Gold dips, Oil steady as U.S. stimulus hopes countered by demand concerns-July 28th,2020
Europe Roundup : Euro little changed as investors await Fed meeting, European share flat, Gold eases, Oil prices jump on U.S. inventory drop-July 29th,2020
Asia Roundup: Yen at 1-month peak on U.S.-China tensions, Asian shares off 6-month high, investors eye EZ Markit PMI - Friday, July 24th, 2020
America’s Roundup: Dollar falls to two-year low, Wall Street rises, Gold hits record high, Oil rises on hopes for U.S. stimulus measure-July 28th,2020
Asia Roundup: Dollar steadies near 2-year low as investors turn to Congress for stimulus, Asian shares surge, markets await EZ economic data - Thursday, July 30th, 2020
America’s Roundup: Dollar dips amid doubts about U.S. stimulus, Wall Street gains, Gold hits highest since 2011, Oil falls as U.S. posts surprise rise in crude inventories-July 23rd 2020
Europe Roundup: Sterling slips, erasing recent gains, European stocks grind higher,Gold retreats from record peak, Oil steady as virus fears counter positive factory data-August 3rd,2020
Europe Roundup: Sterling gains on infrastructure spending promise, Brexit caps gains, European shares gain Gold holds close to near 8-year peak, Oil rises on improving economic data, supply cut-June 29th,2020
• Finnish June Consumer Confidence -3.9, -9.0 previous
• Finnish June Industrial Confidence -24 , -26 previous
• Spanish CPI (YoY) -0.3%,-0.9% previous
• Spanish CPI (MoM) 0.5%,0.0% previous
•Spanish HICP (MoM) 0.4%,0.1% previous
•Spanish June HICP (YoY) -0.3%,-0.5% forecast, -0.9% previous
• UK Net Lending to Individuals -3.4B, -6.9B previous
• UK M4 Money Supply (MoM) 2.0%, 1.5% previous
• UK May Mortgage Approvals 9.27K, 25.00K forecast, 15.85K previous
• UK May BoE Consumer Credit -4.597B, -2.500B forecast, 15.851B previous
• UK May Mortgage Lending 1.22B, -1.00B forecast, 0.29B previous
• EU June Selling Price Expectations -4.4, -8.6 previous
• EU June Services Sentiment -35.6, -25.4 forecast, -43.6 previous
• EU June Consumer Inflation Expectation 21.6, 28.6 previous
• EU June Industrial Sentiment -21.7, -20.0 forecast, -27.5 previous
• EU June Business and Consumer Survey 75.7 forecast, 80.0 forecast, 67.5 previous
• EU June Consumer Confidence -14.7, -14.7, -18.8 previous
• EU June Business Climate -2.26, -2.43 previous
• Belgium June CPI (YoY) 0.60%,0.48% previous
• Belgium June CPI (MoM) 0.06%,0.07% previous
• Irish May Retail Sales (YoY) -26.6% , -43.3% previous
• German June HICP (YoY) 0.6% forecast, 0.5% previous
• German June HICP (MoM) 0.4% forecast, 0.4% previous
• German June CPI (MoM) 0.3% forecast, -0.1% previous
•German June CPI (YoY) 0.6% forecast,0.6% previous
Looking Ahead – Economic data (GMT)
• 12:30 Canada May Building Permits (MoM) 20.2%, -17.1% previous
• 12:30 Canada May IPPI (MoM) 1.2%, -2.3% previous
• 12:30 Canada May RMPI (YoY) -24.3%, -36.7% previous
• 12:30 Canada May IPPI (YoY) -4.9%, -6.0% previous
• 12:30 Canada May RMPI (MoM) 16.4%, -13.4% previous
• 14:00 US May Pending Home Sales (MoM) 18.9% forecast, -21.8% previous
• 14:00 US May Pending Home Sales Index 69.0 previous
• 14:30 US June Dallas Fed Mfg Business Index -49.2 previous
EUR/USD: The euro rose against dollar on Monday as dollar dipped as surging coronavirus cases kept economic optimism in check. The relentless spread of the coronavirus intensified investor fears about a delay in global economic recovery and weighed on risk appetite. The outlook for a global economic recovery over the past month has worsened or at best stayed about the same. Immediate resistance can be seen at 1.1291 (23.6% fib), an upside break can trigger rise towards 1.1378 (Higher BB).On the downside, immediate support is seen at 1.1215 (Daily low ), a break below could take the pair towards 1.1161(38.2% fib).
GBP/USD: Sterling gained against the dollar on Monday after Prime Minister Boris Johnson signalled he would double down on plans to increase public investment, but Brexit risks capped the gains. Speaking in a radio interview, Johnson said that a return to austerity would be a mistake as the country tries to recover from the coronavirus hit to the economy. The pound gained versus a weakening dollar at $1.2340 at 1230 GMT after the greenback retreated from a one-week high hit on Friday against a basket of currencies, with investors fearing a fresh coronavirus wave in the United States. Immediate resistance can be seen at 1.2446 (June 26th June ), an upside break can trigger rise towards 1.2516 (38.2% fib).On the downside, immediate support is seen at 1.2307 (50% fib), a break below could take the pair towards 1.2213 (Lower BB).
USD/CHF: The dollar dipped against the Swiss franc on Monday as surging coronavirus cases kept economic optimism in check. The global death toll from COVID-19 reached half a million on Sunday. The dollar fell against a basket of currencies in the Asia session, recovered briefly in early London trading, before extending falls, down 0.3% at 97.19.Having fallen more than 1% this month, the dollar is on track for its biggest monthly loss since December 2019.Cases surged in Southern and Western U.S. states, prompting California to order some bars to close in the first major rollback of efforts to reopen the economy. Immediate resistance can be seen at 0.9482 (Daily high), an upside break can trigger rise towards 0.9538 (50% fib).On the downside, immediate support is seen at 0.9449 (38.2% fib), a break below could take the pair towards 0.9403 (Lower BB).
USD/JPY: The dollar firmed against the Japanese yen Monday as dollar kept Japanese yen under pressure as a surge in coronavirus cases and the re-imposition of curbs to stop its spread had investors worried that a global economic recovery could be derailed even before it had taken root. Against a basket of currencies the dollar was steady not far below a four-week peak on Monday at 97.466. The safe-haven Japanese yen last held at 108.34 per dollar. Strong resistance can be seen at 107.55 (38.2% fib), an upside break can trigger rise towards 108.06 (38.2 % fib).On the downside, immediate support is seen at 107.06 (11 DMA), a break below could take the pair towards 106.76 (50% fib).
European shares turned lower on Monday, led by losses in energy and consumer companies, as a spike in coronavirus cases globally kept investors on edge.
At (GMT 12:15),UK's benchmark FTSE 100 was last trading up at 0.52 percent, Germany's Dax was down by 1.25 percent, France’s CAC finished was down by 1.63 percent.
Gold prices steadied on Monday, within striking distance of last week’s near eight-year high and on track for their biggest quarterly rise in more than four years, as a spike in global coronavirus cases unnerved investors.
Spot gold was little changed at $1,769.77 per ounce by 1148 GMT, but only $9.30 shy of its highest since Oct 2012 hit last Wednesday.U.S. gold futures rose 0.2% to $1,784.40 per ounce.
Oil prices rose on Monday, supported by improving economic data and supply cuts by major producers, though a spike in new coronavirus infections around the world capped the gains as some countries were forced to reimpose partial lockdowns.
Brent crude rose 52 cents, or 1.3%, to $41.54 a barrel by 1215 GMT, and U.S. crude was up 60 cents, or 1.6%, at $39.09. Both contracts had fallen almost $1 earlier in the session.