Japan Foreign bond investment dipped from previous ¥-216.7B to ¥-501.4B in December 23

Japan Foreign investment in Japan stocks down to ¥58.5B in December 23 from previous ¥114.1B

AUD/USD: rallies on back of dollar weakness, sustainable?

Currently, AUD/USD is trading at 0.7347, up 0.10% on the day, having posted a daily high at 0.7351 and low at 0.7335. The greenback has been on the backfoot and the commodities have been able to rally on the heel of that while Aussie catches a bid without being able to make headwa ...

NZD/USD making tracks on 0.70 handle back of weaker greenback

Currently, NZD/USD is trading at 0.7024, up 0.03% on the day, having posted a daily high at 0.7032 and low at 0.7020. NZD/USD has rallied again overnight on the coattails of US yields dropping as markets discount the prospects for the Fed being able to hike rate three times this year and fulfil ...

Economic wrap: watching US jobs – Westpac

Analysts at Westpac offered an economic wrap. Key Quotes: "US private sector employment (ADP) increased 153k in Dec (175k expected). The goods producing sectors saw declines, while service sectors gained. Jobless claims were 235k (vs 260k expected). ISM services PMI was flat at 57.2 (56. ...

Nonfarm payrolls predictions: ADP was a miss… – Nomura

Analysts at Nomura explained that they wforecast that nonfarm payrolls increased by 175k in December, following a steady gain of 178k in November. Key Quotes: "We expect that private payrolls gained 170k, implying that the public sector added 5k workers to its payrolls. Incoming business an ...

Peru stocks higher at close of trade; S&P Lima General up 0.41%

Investing.com – Peru stocks were higher after the close on Thursday, as gains in the S&P Lima Juniors, Mining and Food&Beverages sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.41% to hit a new 52-week high. The best performers of the session on the ...

Brazil stocks higher at close of trade; Bovespa up 0.78%

Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Basic Materials, Real Estate and Industrials sectors led shares higher. At the close in Sao Paulo, the Bovespa rose 0.78% to hit a new 1-month high. The best performers of the session on the Bovespa were Gerdau ...

DXY dropping in wake of skepticism for Fed dot plot, eyes on 99.85

DXY is back to trade below the 102 handle testing the previous resistance of November and December and investors begin to back track and pull out of their long positions after the FOMC failed to convince markets of their proposals for three rate hikes in 2017. Analysts at Bank of Tokyo Mitsubish ...

EUR/USD technicals still remain bearish – Scotiabank

Analysts at Scotiabank explained that their EUR/USD short-term technical outlooks are still bearish. Key Quotes: "We under-estimated the scope for the EUR to rally yesterday. "We are not convinced the rally can extend." "We look for EUR/USD to soften again. Our fair value mode ...

Latest US data insights: a mixed picture – Nomura

Analysts at nomura offered an insight to the latest key data from the US economy. Key Quotes: "The latest ADP employment report indicated that private payrolls increased by 153k in December. Most of the weakness was from the goods producing sector which lost 16k payrolls in December, but th ...

What is up with US manufacturing jobs? – BBH

Analysts at Brown Brothers Harriman explained that what is happening to manufacture workers happened to agriculture worker more than 100 years ago.   Key Quotes: "It is also happening to many service sector employees and, perhaps in the coming years, drivers of all kinds.  The far ...