Sat, Apr 04, 2020 @ 11:56 GMT
While the US continues to post scary job numbers, the markets couldn't care less. Investors know the numbers would be bad and it doesn't matter how bad they are. The point is, there has to be an end to...
Dollar is currently trading as the strongest one for the week, followed by Yen. On the other hand, Euro and Swiss Franc are both the weakest ones for now. Overall sentiments in the market are mildly risk averse but...
It seems that the markets are not having a clue on what to do next. While US initial jobless claims doubled to 6.6m, reactions are rather muted. DOW futures are staying positive for now, while European indices are mixed....
US stocks suffered the worst start to a quarter in history overnight. But Asian markets are generally steady after initial weakness. Other markets are generally stuck in familiar range. Dollar and Yen remain the strongest one for the week...
Dollar and Yen are trading as the stronger ones today as risk aversion seems to be coming back as another quarter starts. Commodity currencies are thew weakest ones as led by Canadian Dollar for now. Private job data from...
Markets are starting another with rather quiet mood. Some economic data might be not as bad as expected, but they're giving no lift to sentiments. Dollar attempted for a rebound overnight but there was apparently no follow through buying....
Markets continue to staying in tight range today as consolidations continue. There is still no end in sight regarding the coronavirus pandemic, with confirmed cases breaking 800k handle, and deaths above 39k. Movements in the major stock indexes are...
Markets are generally directionless in Asian session today. Strong rebound in China PMIs somewhat fails to lift sentiments. As the origin of the coronavirus pandemic, China could be the first country to come out of it. Yet, one month...
Global financial markets are generally quiet today. Stocks quickly pared back some of initial losses even though major indices are staying in red. US futures suggest that there is no clear direction for now. Dollar recovers generally and appears...
Asian markets open the week generally lower as there is no sign of even a slowdown in coronavirus pandemic. The US has also given up hope for returning to normal by Easter. Yen strengthens generally, followed by Dollar. Meanwhile,...
While the coronavirus pandemic continued to worsen globally, investor sentiment somewhat stabilized after governments and central banks rushed to push out tighter lockdown measures, fiscal stimulus and monetary easing. Dollar suffered massive selling on easing risk aversion, improving funding...
European stocks and US futures turn softer today, apparently on pre-weekend profit taking again. FTSE is additionally pressured, possibly as Prime Minister Boris Johnson was tested positive for coronavirus. In the currency markets, Yen regains some ground together with...
Dollar is set to end the week as the week as the worst performing as corrections in the financial markets extend. Asian indices are generally higher following another day of strong close in the US overnight. Yen follows Dollar...
Dollar softens mildly again today as consolidation extends. The shock delivered by initial jobless claims is actually rather well expected. The greenback dips slightly after Fed chair Jerome Powell's comments, but that's it. BoE keep monetary policies unchanged at...
Asian markets turn softer today as boost from US stimulus package fades very quickly. Focus will instead turn to BoE rate decision and US jobless claims. In particular, the latter would reveal how serious the initial impact of coronavirus...
The stimulus deal in US Congress gave markets just a very brief lift. European indices turned mixed after initial rally while US futures are essentially flat. Trading in the currency markets is subdued too with Australian Dollar leading commodity...
Asian markets generally strengthen today and are given another lift after US politicians finally agreed to a USD 2T coronavirus stimulus deal. Australian Dollar leads other commodity currencies higher. On the other hand, Yen weakens broadly, followed by Yen...
PMI data released together generally showed a disastrous picture in the service sectors around the world, due to coronavirus pandemic and the measures to contain it. Nevertheless, these data are generally shrugged off as they're generally expected. Reactions would...
While Fed's QE infinity gave no apparent boost to US stocks, Asian markets are responding rather positively. Strong gains are seen in major indices. Dollar has turned broadly weak, followed by Swiss Franc, Yen and Euro. Australian Dollar is...
Market sentiments take a u-turn today after Fed surprised the markets with another emergency announce. Now, the targets for asset purchases are removed and Fed is going into QE unlimited. US futures turned from limit down to positive while...
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