Trump was the catalyst for profit taking – ANZ

Analysts at ANZ explained that Donald Trump’s first press conference since July was a key risk event for markets this morning.  Key Quotes: "After a slow start, the USD firmed as the press conference began on expectations that he would reinforce his pro-growth, America-firs ...

Japan Bank lending (YoY) increased to 2.6% in December from previous 2.4%

Japan Current Account n.s.a. registered at ¥1415.5B, below expectations (¥1500B) in November

Japan Trade Balance – BOP Basis: ¥313.4B (November) vs previous ¥587.6B

Crude prices mixed in Asia as weaker dollar eyed

Investing.com - Crude oil prices traded mixed in early Asia on Thursday as the dollar took a hit after President-elect Donald Trump's first press conference since winning the presidency failed to provide fine details on economic policy and with data on U.S. stockpiles up more than expected weighin ...

Japan’s Bank Lending 2.6% vs. 2.4% forecast

Japan’s bank lending rose unexpectedly in the last quarter, official data showed on Wednesday.In a report, Bank of Japan said that Japan’s Bank Lending rose to a seasonally adjusted annual rate of 2.6%, from 2.4% in the preceding quarter.Analysts had expected Japan’s Bank Lending to remain unch ...

AUD/USD settled and awaits new catalyst after Trump, headed to 0.7525?

Currently, AUD/USD is trading at 0.7445, down -0.04% on the day, having posted a daily high at 0.7452 and low at 0.7438. AUD/USD has been a strong bid overnight on the back of the freak-auction outcome in the 10-year that took the US yields off their perch and sent the dollar to the sharks just a ...

Trump’s news confernece left many questions for markets – Westpac

Analysts at Westpac explained that President elect Trump’s first news conference since late July 2016 has left a veritable laundry list of questions unanswered for markets. Key Quotes: "The news conference was a far cry from the market friendly, pro-growth "presidential" ...

Mexico’s Peña Nieto: Mexico won’t pay for the border wall

Mexican President Enrique Peña Nieto crossed the wires last minutes, via Reuters, stating that the country won't pay for the border wall, but will invest to make borders "more secure". Also, Peña Nieto suggested the U.S. work to stop the flow of illegal weapons int ...

EUR/JPY: Saved by the bell at 121.20 low, still plenty downside risk

Currently, EUR/JPY is trading at 122.15, down -0.04% from yesterday's volatile trading day, having posted a daily high at 122.61 and low at 121.24. Volatility Peaks; Risk-on turns off Risk-off Crosses tend to deliver a high-risk trading experience when volatility peaks, however, that was no ...

NZD/USD: headed to 0.7110, the (27 Oct low), on pure momentum?

Currently, NZD/USD is trading at 0.7055, up 0.04% on the day, having posted a daily high at 0.7059 and low at 0.7051. NZD/USD has consolidated at the midway point of the 0.70 handle and was a spike overnight in the US session on the back of US yields dropping heavily after the 10-year auction tha ...

Wall Street in the green after Trumps news confernece

Wall Street stocks performed better on Wednesday on the back of the President-elect Donald Trump's press conference. The Dow Jones Industrial Average was up a decent 98.75 points, or around 0.5% and closed at 19,954.28 and again closing in on the 20,000 mark. The S&P 500 inde ...

Saudi supply cuts push the price of oil higher Wednesday

Investing.com - News of Saudi supply cuts pushed the price of oil higher by more than 3% today on world markets, demonstrating to some that the OPEC production deal is proceeding apace as planned. The price of crude oil settled at $52.38 on Wednesday, up 3.07%. The price of Brent oil settled highe ...

Peru stocks lower at close of trade; S&P Lima General down 0.78%

Investing.com – Peru stocks were lower after the close on Wednesday, as losses in the Non-Metal Minerals, Industrials and Mining sectors led shares lower. At the close in Lima, the S&P Lima General lost 0.78%. The best performers of the session on the S&P Lima General were Casa Grande ...