Scoring highs of 98.16, the US dollar index continued to explore higher ground Tuesday, while on the data front we had mixed US durable goods before better-than-expected US consumer confidence.
Category: Recent
Tuesday 28th January: Coronavirus drives Asian Markets lower.
Global Markets: Asian Stock Markets : Nikkei down 0.55%, ASX down 1.35% Commodities : Gold at $1577.45 (0.00%), Silver at $18.03 (-0.16%), Brent Oil at $58.52 (-0.10%), WTI Oil at $53.14 (0.00%) Rates : US 10-year yield at 1.617, UK 10-year yield at 0.511, Germany 10-year yield at -0.378 News & Data: (JPY) SPPI y/y … Continue reading Tuesday 28th January: Coronavirus drives Asian Markets lower.
Tuesday 28th January: Coronavirus Weighs on Risk Sentiment; Increased Demand for Safe-Haven Assets.
Overall risk aversion, coupled with consequences of the Coronavirus, guided AUD/USD lower Monday, erasing more than 60 points and closing towards the bottom of its 0.6818/0.6752 range.
Monday 27th January: APAC markets mostly closed; Japan lower
Global Markets: Asian Stock Markets : Nikkei down 2.03% Commodities : Gold at $1577.55 (+0.36%), Silver at $18.17 (+0.30%), Brent Oil at $58.68 (-2.02%), WTI Oil at $53.06 (-2.09%) Rates : US 10-year yield at 1.648, UK 10-year yield at 0.559, Germany 10-year yield at -0.351 News & Data: (USD) Flash Manufacturing PMI 51.7 vs … Continue reading Monday 27th January: APAC markets mostly closed; Japan lower
Monday 27th January: Weekly Technical Outlook and Review.
Europe’s single currency glided to a fourth consecutive weekly loss vs. the buck in recent trade, as sellers strengthened their grip south of long-standing channel resistance, drawn from the high 1.1569.
