Japan Foreign bond investment up to ¥112.3B in November 25 from previous ¥-260.6B

Japan Foreign investment in Japan stocks fell from previous ¥461.7B to ¥330.5B in November 25

Japan Capital Spending fell from previous 3.1% to -1.3% in 3Q

It was an eventful day for month end: all about OPEC – ANZ

Analysts at ANZ offerd a market wrap. Key Quotes: "It was an eventful day for month end. OPEC managed to agree a cut in oil supply – the first in eight years – and Iran said OPEC will curtail output to 32.5m bbl/day. That, coupled with the strength in the November ADP report ...

NZD/USD: bears checked at 0.7080 support after strong OPEC lead supply

Currently, NZD/USD is trading at 0.7088, up 0.10% on the day, having posted a daily high at 0.7091 and low at 0.7079. Oil intermarket: DXY to remain a positive correlation for a while? NZD/USD has stabilized after a session of supply with the greenback taking back the top-spot as inflationar ...

EUR/JPY overextended but making higher highs

EUR/JPY has been building up a bearish case of late, and traders may be looking to take some profit off the table.On a 4-hour chart, the 50-period is well distanced above the 200-period SMA and the Relative Strength Index has been, on average, above the 50% mark over the last three weeks. Th ...

USD/HUF closed above major top

USD/HUF has closed above its previous 52-week high.USD/HUF has closed at it highest level in 52 weeks, having pierced the psychological barrier on an intraday basis.

South Korea Consumer Price Index Growth down to -0.1% in November from previous 0.1%

Fed's Beige Book shows modest economic growth across U.S.

The Federal Reserve Bank's economic report, on Wednesday indicated that there was moderate economic growth throughout the U.S., suggesting that the economy is healthy as the new year approaches. The bank noted the "strong dollar" was a headwind for the economy, indicating there was mild demand fo ...

Australia AiG Performance of Mfg Index increased to 54.2 in November from previous 50.9

Oil intermarket: DXY to remain a positive correlation for a while?

Oil has rallied over 9% today on the back of OPEC striking a deal to cut production, finally, and what came as a surprise, despite the long awaited meeting. The dollar has also rallied, usually negatively correlated to the black gold, but there are themes under the surface here that ma ...

New Zealand Terms of Trade Index came in at -1.8%, below expectations (0.1%) in 3Q

Boris Johnson “supports” freedom of movement in Brexit – Sky News

According to Sky News, UK Foreign Secretary Boris Johnson has reportedly told to some EU ambassadors that he supports freedom of movement, despite current UK government's stance on Brexit. "He did say he was personally in favour of free movement, as it corresponds to his own beliefs. Bu ...

Economic wrap: US data performing better – Westpac

Analysts at Westpac offered an economic wrap. Key Quotes: "US private sector payrolls (ADP) grew 216k (vs 170k expected). Personal income rose 0.6% in Oct (vs 0.4% expected). The core PCE deflator remained steady at 1.7% yoy.  The MNI-Chicago business barometer jumped from 50.6 to 57. ...

Wall Street mixed on jam-packed session of events and surprise OPEC deal

Stocks dropped on whole on Wednesday and last trading day of the month, despite a 9% rally in oil and the US dollar, as a counterintuitive session unfolded on the back of inflationary outlooks on a macro scale. Dollar index rises after OPEC deal, approaches 2016 highs Wit th ...