Markets Yesterday, global markets enjoined a rather calm, constructive trading session. Uncertainty on the China regulatory overhaul moved a bit to the background. The...
Technical analysis The USDCAD pair is still sliding lower after suffering multiple heavy technical rejections from its trend defining 200-day moving average. The daily...
Swiss Franc is in deep selloff again today as risk sentiment further stabilized in the markets. European indices rebound broadly while US futures point...
GBPUSD is losing ground after it reached a fresh one-year high marginally below 1.3500 on Thursday. The momentum indicators suggest there is still some...
The S&P500 and Nasdaq renewed record on Monday, as investors focus on robust first quarter earnings rather than the rising new Covid cases globally....
AUD/JPY powers through 84.39/46 minor resistance today, as rise from 83.02 resumes. Further rally is now expected as long as 83.73 support holds. At...
This week we saw evidence of the economic benefit stemming from Australia’s success in containing COVID-19’s spread. A month ago Westpac reported the largest...
US initial jobless claims dropped -24k to 400k in the week ending July 24, above expectation of 365k. Four-week moving average of initial claims rose 8k to 394.5k. Continuing claims rose 7k to 3269k in...
The British pound is starting to consolidate around the 1.3200 level against the US dollar currency, following a heavy technical rejection from the 1.3240...
Annual PPI in the eurozone dropped to -1.2% in September.
The EUR/USD pair largely ignored the data and continues to trade above 1.11.
According to the...
North Korea’s state media mentioned that the leader Kim Jong-un inspected that recent missile launches while releasing his comments after Tuesday’s launch on early Wednesday.
Key...
NZD/USD stays on the back foot around 2015 lows.
Better than forecast GDT Price Index couldn’t defy global slowdown fears, RBNZ rate-cut expectations.
NZD/USD fails to cheer...
The Japanese yen eased against the US dollar as traders reflected on the country’s machinery orders. Data from the statistics office showed that core machinery...
Key Highlights Gold price failed to continue above $1,600 and declined heavily against the US Dollar. There was a break below a crucial ascending channel...
Total employment: 26.7k from 12.9k (revised from 13.5k). Unemployment rate: 5.1% from 5.3% (unrevised 5.3%). Participation rate: 66.0% from 66.1% (unrevised 66.1%) Headlines In February:...
US Empire State Manufacturing general business condition dropped to 24.3 in May, down from 26.3, above expectation of 24.0. Looking at some details, new orders...
