Japan Foreign bond investment fell from previous ¥-202B to ¥-1130.6B in March 3

Japan Money Supply M2+CD (YoY) meets forecasts (4.2%) in February

Oil prices fell heavily after EIA – ANZ

Analysts at ANZ explained that crude oil prices fell heavily after EIA data showed a strong build in inventories in the US.  Key Quotes: "Supplies climbed 8.21 million barrels to 528.4 million barrels. This followed on from comments from Saudi Arabia’s Energy Minister, who sai ...

USD/NOK volatility measures could spark profit taking

USD/NOK is capturing attention with its soaring volatility and northward streak.The following technical observations are worthy of note: The search for a low in today's trading is reflected in the 2-standard deviation Bollinger Bands® expanding for several consecutive hours. Moreover, the near-term ...

USD/RUB back above a key SMA

The 200-period simple moving average, immediate resistance on 4hr chart, was hurdled in recent USD/RUB trading.The USD/RUB was quoting below this dynamic resistance for at least two weeks. Now it could target the 800-SMA on the upside.

Solid U.S. data and GDP tracker update – Nomura

Analysts at Nomura offered a review of the key data that came overnight in the US session ahead of this week's Nonfarm Payrolls showdown. Key Quotes: ADP employment report: The report indicated that nonfarm private employment increased by 298k jobs from January to February, surprising market ...

Crude opens down in early Asia after overnight slump

Investing.com - Crude prices opened slightly lower in Asia on Thursday, holding above the $50 a barrel level not seen since the end of November after a coordinated pact by OPEC and major non-OPEC producers to curb oil was put in place. On the New York Mercantile Exchange crude futures fell 0.12% t ...

AUD/NZD: heading to 1.10 and higher – Westpac

Analysts at Westpac offered their outlook for the antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: Sustaining last week’s important break higher, the next upside target 1.0975 (Jan 2016 peak). Weak dairy vs strong iron ore is the main story. AUD/NZD 1-3 month: Higher to 1.10+. Th ...

AUD/USD: bears back in control and break key support 0.7520

Currently, AUD/USD is trading at 0.7525, down -0.08% on the day, having posted a daily high at 0.7535 and low at 0.7518. Forex today: ADP report nails dollar down, oil breaks below $50.00 AUD/USD has continued with its bearish decline and broken the consolidative phase within the trend as th ...

The eighth consecutive day of 10-year yields rising – ANZ

Analysts at ANZ explained that treasuries were weaker and the USD started to firm ahead of the ADP employment figures, and a booming report that extended market moves.  Key Quotes: "The strong ADP number bodes well for Friday’s non-farm payrolls as since the methodology was tweake ...

EUR/NOK powerful rally threated

From an hourly perspective, the EUR/NOK has reached its highest momentum reading of the last 20 days of trading.Recent EUR/NOK longs are speculative and likely vulnerable. Unless they are fed with comforting releases, a torrent of selling could very well ensue in the form of profit taking and/o ...

NZD/USD: looking for a break of the 0.69 handle, eyes key support

Currently, NZD/USD is trading at 0.6914, up 0.03% on the day, having posted a daily high at 0.6917 and low at 0.6910. NZD/USD has continued in the downtrend, now testing below the 200-day smoothed sma at 0.6998. The next major level to the downside is still 0.6860 and the 23rd Dec which is stil ...

Oil prices tumble more than 5%

Oil prices finally seem to have calmed down after breaking several major support levels in the wake of a much stronger-than-expected increase in U.S. crude inventories. At the moment WTI is retreating 5.36% at $50.28, heading for the lowest daily close since mid-December. According to the repor ...

Canada stocks lower at close of trade; S&P/TSX Composite down 0.72%

Investing.com – Canada stocks were lower after the close on Wednesday, as losses in the Energy, Real Estate and REITs sectors led shares lower. At the close in Toronto, the S&P/TSX Composite lost 0.72%. The best performers of the session on the S&P/TSX Composite were Aecon Group Inc . ...