Mon, Nov 18, 2019 @ 01:44 GMT
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...
The forex markets are pretty steady in Asian session today, staying inside yesterday's range. Over the week, Euro is currently the weakest one on poor economic outlook, with downgrades by European Commission. New Zealand dollar is second weakest after...
Sterling drops broadly today after two BoE policy makers surprisingly voted for a rate cut, even though the central eventually stood pat. Following the Pound, Yen is the second weakest as risk appetite returns. Market sentiments were lifted after...
Yen jumps broadly today as risk appetite continues to recede in Asian session. Investors turned a bit cautious as it's still uncertain when and where US and China would sign the phase one trade agreement. Currently, Swiss Franc is...
The markets are relatively indecisive today. It seems that rally in stock markets have passed a near term climax, awaiting fresh developments in US-China trade negotations. Treasury yields also turn mildly lower after yesterday's rally. In the forex markets,...
Yen strengthens broadly today as markets stabilized from recent strong risk appetite. US stocks closed mixed after extending recent record runs. Euro, Dollar and Sterling follow as the next strongest while markets continue to eye trade developments. Commodity currencies...
Trade optimism is the main diver in the financial markets today. There are talks that US officials are considering to remove the 15% tariffs on USD 112B worth of Chinese goods, put to effect back on September 1. In...
Risk appetite continues in Asian session, following record closes in US. Yen and Swiss Franc continue to be broadly pressured. Meanwhile, Australian dollar survived the balanced RBA rate statement and leads other commodity currencies higher. Dollar, Euro and Sterling...
Yen and Swiss Franc remain the weakest ones for today, following strong rally in global stocks. US indices would likely extend the record run, as futures suggest. German and US benchmark yields also climb a bit higher. back in...
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