Thu, Nov 21, 2019 @ 20:23 GMT
The forex markets are rather mixed today even though stocks are generally in risk averse mode. Sterling regains some strength and takes Euro higher with it. Yet, there is no follow through buying through near term resistance against Dollar...
Commodity currencies are back under pressure as Asian markets tumble on uncertainties over US-China relations. It's unsure whether the phase-one trade deal could be completed in time to avert the December batch of new tariffs. The situation is further...
Dollar and Yen are the two strongest ones today so far as investors are turning cautious regarding US-China relations. The so called phase-one trade was was supposed to be signed at the cancelled APEC summit in Chile last week....
Yen and Swiss Franc are back in driving seats, together with Dollar. US stocks hit new record highs overnight reversed to closed lower. Asian markets follow and trade broadly lower. While there is no "concrete" good news regarding US-China...
Sentiments in the markets were lifted by news that China is going to step up credit support to the economy. Commodity currencies strike a strong come back, as led by New Zealand and Australian Dollar. On the other hand,...
Australian Dollar weakens broadly today following more dovish than expected RBA minutes. New Zealand Dollar is currently the second weakest together with Swiss Franc. On the other hand, Euro, Sterling and Yen are the stronger ones. Dollar is mixed...
Yen rebounds strongly in early US session on talks that China is pessimistic on US trade deal. But still, at this point, Sterling remains the strongest one for today as lifted by hope of a Conservative win in the...
Risk appetite extended from last week's strong US close into Asian session. Markets cheer the "constructive" US-China trade talks while ignoring escalation in unrest in Hong Kong. Yen is currently one of the weakest together with Swiss Franc. Though,...
The financial markets were like in parallel universes last week. On the one hand, US stocks were boosted by trade optimism as the three major indices ended at record highs. On the other hand, Hong Kong stocks led Asian...
Dollar is mixed for today as markets head toward weekly close. Economic data from the US are generally disappointing, but sentiments seemed to be lifted by comments regarding US-China trade deal. Global stock markets also stabilized while US equities...
Markets turn into consolidative mode today as Dollar, Yen and Swiss Franc pare back some gains. Commodity currencies, on the other hand, are generally higher. Traders are taking some profits ahead of weekly close. Nevertheless, over the week, New...
Yen, Swiss Franc and Dollar remain the strongest ones as Asia led risk aversion continues today. Additionally, treasury yields are back under pressure with some downside acceleration after US 10-year yield lost 1.9 while German 10-year yield lost -0.3....
Australian Dollar tumbles broadly today after poor employment data, which suggests RBA is still on track for more easing. Additionally, the Aussie and Kiwi are weighed down by risk aversion in Asian markets. Hong Kong stocks lead others lower...
New Zealand Dollar remains the strongest one today as boosted by RBNZ's hold. But risk aversion is picking up momentum and sends Swiss Franc and Yen generally higher. Hong Kong stocks led the global markets lower again as unrest...
Asian stocks are broadly lower today, as lead by free fall in Hong Kong stocks. But the development is largely shrugged off by the forex markets. New Zealand dollar rebound strongly after RBNZ surprisingly stands pat today. Swiss Franc...
The financial markets are relatively quiet today. Global stocks are generally higher but gains are limited. Treasury yields are mixed with US benchmark 10-year yield mildly lower while Germany 10-year yield is mildly higher. Dollar is currently the strongest...
Sterling rises sharply overnight and stays firm in Asian session today. The Pound was lifted by improved chance for Conservative win in the upcoming election. Yet, there is no sign of a clear majority for pushing through the Brexit...
Yen surges broadly today as markets are back in risk averse mode, led by steep decline in Hong Kong stocks. On the other hand, Dollar and Australia are the weakest one for the moment. But some of the moves...
Trade optimism was the main theme driving the financial markets last week. Investors seemed to be convinced that US and China are close to signing trade agreement phase one, even though it's unsure when and where yet after the...
Dollar rises broadly today and it's set to end as the strongest one. Strong rally in treasury yield, with 10-year yield now at 1.95, is giving the green back solid support. Stock futures point to mixed open, but could...
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