Key risk events today: Australia Employment Change and Unemployment Rate; BoJ Monetary Policy Statement; BoJ Press Conference; SNB Monetary Policy Assessment and Policy Rate; UK Retail Sales m/m; MPC Official Bank Rate Votes; BoE Monetary Policy Summary; BoE Official Bank Rate; BoE Asset Purchase Facility; Philly Fed Manufacturing Index. EUR/USD: The Federal Reserve, as expected, … Continue reading Thursday 19th September: Slew of Central banks take centre stage today – remain vigilant.
Category: Recent
Wednesday 18th September: Asian markets mixed in morning trade as investors await Fed announcements
Global Markets: Asian Stock Markets : Nikkei down 0.13%, Shanghai Composite up 0.41%, Hang Seng down 0.02%, ASX down 0.25% Commodities : Gold at $1509.80 (-0.24%), Silver at $17.98 (-0.87%), Brent Oil at $64.53 (-0.03%), WTI Oil at $58.87 (-0.39%) Rates : US 10-year yield at 1.801, UK 10-year yield at 0.694, Germany 10-year yield … Continue reading Wednesday 18th September: Asian markets mixed in morning trade as investors await Fed announcements
Wednesday 18th September: Dollar retreats ahead of today’s FOMC.
The British pound overturned Monday’s dip to sub-1.24 and refreshed tops beyond 1.25 to 1.2526 Tuesday. Renewed dollar weakness, despite upbeat industrial production data (low impact expected), helped regain traction.
Tuesday 17th September: Investors continue to stay on sidelines, China drops.
Global Markets: Asian Stock Markets : Nikkei up 0.06%, Shanghai Composite down 1.68%, Hang Seng down 1.43%, ASX up 0.33% Commodities : Gold at $1501.25 (-0.68%), Silver at $17.84 (-1.02%), Brent Oil at $68.69 (-0.48%), WTI Oil at $62.08 (-0.94%) Rates : US 10-year yield at 1.842, UK 10-year yield at 0.686, Germany 10-year yield … Continue reading Tuesday 17th September: Investors continue to stay on sidelines, China drops.
Tuesday 17th September: Dollar index eyes 99.00 followed by weekly resistance at 99.62.
The euro lost out to the dollar on safe-haven grounds after the weekend oil site attacks in Saudi Arabia, aided also by dovish comments from ECB’s Lane who underscored the reasons behind last week’s multi-pronged policy easing.