Japan BSI Large Manufacturing (QoQ) below forecasts (1.5) in 2Q: Actual (-2.9)

AUD/USD: risks of decline limited?

Currently, AUD/USD is trading at 0.7542, up 0.02% on the day, having posted a daily high at 0.7548 and low at 0.7538. AUD/USD is sidelined and consolidated in slow trade while traders await the next catalyst from the calendar. The day will bring NAB business confidence. The week ahead bring ...

The US dollar Week ahead is a big one – Westpac

Analysts at Westpac explained that this week’s event calendar will be important for markets: notably the FOMC decision and CPI data.  Key Quotes: "There’s also retail sales and the first June surveys (Philly, Empire, NAHB & Michigan sentiment). The Fed is unlikely t ...

The fate of British PM Theresa May? – UOB

Analysts at UOB explained that the fate of British PM Theresa May is still unclear.  Key Quotes: "She has spoken to Northern Ireland’s Democratic Unionist Party (DUP) with whom she is trying to craft an agreement, according to a statement from the prime minister’ ...

AUD/NZD: eyes on break of 1.0388 / 1.0515 range

AUD/NZD has been playing into the hands of the Bears for the best part of 2017 so far. The bird is garnering support with positive prospects in the solid and growing economy. However, the main reason behind the rise in the Kiwi is through the greenback which is having a poor year to date and ...

USD/CAD: loonie looking a little rich here, buy the sell-off?

Currently, USD/CAD is trading at 1.3323, down -0.01% on the day, having posted a daily high at 1.3327 and low at 1.3322. USD/CAD has continued to chip away at the downside in early Asia, making a fresh aforementioned low here. After Poloz and Wilkins gave little away at last week’s FS ...

Peru stocks lower at close of trade; S&P Lima General down 0.94%

Investing.com – Peru stocks were lower after the close on Monday, as losses in the Mining, Industrials and Electricity sectors led shares lower. At the close in Lima, the S&P Lima General lost 0.94%. The best performers of the session on the S&P Lima General were Inretail Peru (LM:INR), ...

EUR/USD comatose around 1.12, looking for next catalyst

The EUR/USD pair moved in a tight 40-pip range on Monday and has been moving sideways near the 1.12 handle in the last few hours, awaiting a fresh catalyst. As of writing, the pair is trading at 1.1205, up 0.09% on the day. Ahead of Wednesday's CPI data from the United States and the importan ...

Brazil stocks lower at close of trade; Bovespa down 0.82%

Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Real Estate, Consumption and Basic Materials sectors led shares lower. At the close in Sao Paulo, the Bovespa declined 0.82% to hit a new 3-months low. The best performers of the session on the Bovespa were Tim ...

Gold prices drift weaker in early Asia with Fed the near-term key

Gold prices drifted weaker in early Asia on Tuesday with attention on the Federal Reserve and demand prospects for the precious metal as it moves to normalize monetary policy. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange were last quoted at $1,267.84 ...

Mexico stocks higher at close of trade; IPC up 0.10%

Investing.com – Mexico stocks were higher after the close on Monday, as gains in the Consumer Goods&Services, Financial Services and Industrials sectors led shares higher. At the close in Mexico, the IPC rose 0.10%. The best performers of the session on the IPC were Ohl Mexico, S.A.B. De C.V. ...