Economic wrap: all eyes on Yellen – Westpac

Analysts at Westpac offered an economic wrap with no data to report for overnight, it is all eyes on Yellen. Key Quotes: "Economic Event Risks Today: Australia receives the Jan NAB Business Survey. Business Conditions flourished last month, +5pts to 11. However, leading indicators are not a ...

AUD/USD bulls lose control below the 1hr 200 sma ahead of key US events

Currently, AUD/USD is trading at 0.7639, down -0.06% on the day, having posted a daily high at 0.7648 and low at 0.7636. Momentum remains positive despite the narrower 100 pip range between 0.7600 and 0.7700 as the greenback makes tracks again as a top performer while markets back the stock marke ...

Mexico stocks lower at close of trade; IPC down 0.28%

Investing.com – Mexico stocks were lower after the close on Monday, as losses in the Financial Services, Telecoms Services and Consumer Goods&Services sectors led shares lower. At the close in Mexico, the IPC fell 0.28%. The best performers of the session on the IPC were Wal - Mart De Mexico, ...

Dollar king flexing muscles ahead of key US events/data this week – ANZ

Analysts at ANZ explained that in what was a quiet night, the USD’s firmer tone re-emerged ahead of tomorrow’s Humphrey-Hawkins testimony and US January CPI data on Thursday. Key Quotes: "The dollar may also be benefiting as market sentiment towards the Trump administration seem ...

NZD/USD bears remain in control, target 0.7120 day ahead

Currently, NZD/USD is trading at 0.7177, up 0.02% on the day, having posted a daily high at 0.7179 and low at 0.7174. The Kiwi has lost its flight and the correction continues of the Dec-Feb rally where the king dollar lost its authority momentarily at the start of 2017. The antipodeans were th ...

New Zealand Food Price Index (MoM): 2.8% (January) vs -0.8%

Peru stocks higher at close of trade; S&P Lima General up 0.02%

Investing.com – Peru stocks were higher after the close on Monday, as gains in the Mining, Food&Beverages and S&P Lima Juniors sectors led shares higher. At the close in Lima, the S&P Lima General added 0.02% to hit a new 52-week high. The best performers of the session on the S&P ...

Wall Street finishes at record highs for third consecutive session

Wall Street closed at record highs for the third session in a row supported by the financials and industrials sectors.  Treasury yields rise for 3rd session in a row ahead of Yellen’s comments with the US 10yr treasury yields moving up to a multi-day rise from 2.41% to 2.45% while th ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.17%

Investing.com – Canada stocks were higher after the close on Monday, as gains in the Consumer Discretionary, Healthcare and Industrials sectors led shares higher. At the close in Toronto, the S&P/TSX Composite rose 0.17% to hit a new all time high. The best performers of the session on the ...

Market wrap: king dollar reigned and US stocks at record highs – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "Global market sentiment: Markets continued to run with a positive view of the looming economic policies from Trump. In a thin news session, US equities made fresh record highs, and the US dollar and interest rates rose. Interest rates: U ...

EUR shorts still unwinding; for now – Rabobank

Janet Foley, Senior FX Strategist at Rabobank, noted that the 'Commitment of Traders Report' showed a lower reading in the Euro short space. Key Highlights: •EUR shorts dropped for a fourth consecutive week albeit at a slower pace than the previous week. Stronger than expected Germa ...

South Korea Export Price Growth (YoY) rose from previous 6.3% to 7.4% in January

South Korea Export Price Growth (YoY) rose from previous 6.3% to 7.4% in January

South Korea Import Price Growth (YoY) up to 13.2% in January from previous 9.2%

South Korea Export Price Growth (YoY) rose from previous 6.3% to 7.4% in January