North Korea missile launch a breach of UN resolution – Japan PM Abe

Japan PM Abe is crossing the wires, via Reuters, noting that N Korea missile launch is a breach of UN resolution. Headlines To closely cooperate with US, South Korea over North Korea's actions Agreed with Trump that North Korea's missile launches were a clear provocation agains ...

Japan JP Foreign Reserves: $1232.3B (February) vs $1231.6B

Gold gains slightly in Asia with U.S. jobs data eyed on Fed views

Investing.com - Gold prices edged higher in Asia on Tuesday with jobs data at the end of the week the lodestar for a widely expected Fed rate hike this month that will set the tone for the precious metal. Comex gold futures rose 0.09% to $1,226.55 a troy ounce, while silver futures for May deliver ...

An even-handed start to overnight markets – ANZ

Analysts at ANZ explained that it was an even-handed start to the week in financial markets in Europe and New York. Key Quotes: "It was an even-handed start to the week in financial markets in Europe and New York with markets consolidating as they digest the implications of a Fed hike thi ...

More upbeat data from US and GDP tracker – Nomura

Analysts at Nomura offered a review of the latest up-beat US data and their GDP tracker. Key Quotes: "Factory orders: Factory orders increased 1.2% m-o-m in January (Consensus: 1.0%). Core capital goods (non-defense capital goods excluding aircrafts) shipments, a coincident indicator o ...

NZD/USD below key support and 0.70 handle, new lows and more to come?

Currently, NZD/USD is trading at 0.6992, down -0.06% on the day, having posted a daily high at 0.6999 and low at 0.6988. N. Korea claims it conducted missile launch exercise to strike U.S. military base in Japan NZD/USD continues to fall away and there are little signs that the supply is about t ...

AUD/NZD: eyes for 1.1000 – Westpac

Analysts at Westpac offered their outlooks for the Antipodeans and rates. Key Quotes: "AUD/NZD 1 day: Sustaining the break above the hitherto major obstacle at 1.0765, and targets 1.0875 (Feb 2016 minor peaks) next. AUD/NZD 1-3 month: Above 1.0770 towards 1.10. The cross remains well belo ...

Australia AiG Performance of Construction Index climbed from previous 47.7 to 83.1 in February

Wall Street closed in the red as investors hold off ahead of March FOMC

Wall Street was subdued with benchmarks on the back foot as investors take the foot off the gas ahead of the FOMC next week as uncertainty rallies.  Forex today: dollar and US yields bounce back Yellen spoke last week as the final and most important voice of the Fed speakers who have sung fro ...

Risk events ahead: watching RBA – Westpac

Analysts at Westpac noted today's events risks.  Key Quotes: "Australia: The March RBA policy decision will be firmly on hold. Recent commentary has been more upbeat with global prospects improving and the Bank reaffirming its forecasts for 3% growth this year and next – a vie ...

Gold struggles to pull away from recent lows

After refreshing its daily low around $1225 area, Gold went into a consolidation phase as we approach the end of the trading day. At the moment the yellow metal is down 0.7% at $1226. Has the uptrend finally come to an end? Gold has been on a persistent uptrend since the beginning of th ...

Peru stocks lower at close of trade; S&P Lima General down 1.81%

Investing.com – Peru stocks were lower after the close on Monday, as losses in the Non-Metal Minerals, Industrials and Services sectors led shares lower. At the close in Lima, the S&P Lima General declined 1.81% to hit a new 1-month low. The best performers of the session on the S&P Lima ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.14%

Investing.com – Canada stocks were higher after the close on Monday, as gains in the Energy, Telecoms and Financials sectors led shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.14%. The best performers of the session on the S&P/TSX Composite were Kelt Exploration Ltd. ...

Wall St closes lower; Snap sheds 12%

Investing.com – U.S. equities closed lower on Monday, as investors weighed the prospect of a March rate hike while snap sank 12% on its third day of trade. U.S. equities traded in negative territory throughout the session, as the likelihood that the Federal Reserve will raise interest rate ...