AUD/USD: technically bullish ahead of today’s Chinese balance

Currently, AUD/USD is trading at 0.7638, up 0.02% on the day, having posted a daily high at 0.7642 and low at 0.7635. Forex today: dovish Yellen testimony, bullish Q&A, dollar down AUD/USD has stalled through 0.7684 in a bullish set up ahead of the Chinese trade balance later today. The Aussi ...

Japan Foreign investment in Japan stocks declined to ¥-35B in July 3 from previous ¥-14B

Japan Foreign bond investment climbed from previous ¥-772.8B to ¥839.5B in July 3

United Kingdom RICS Housing Price Balance came in at 7% below forecasts (15%) in June

New Zealand Food Price Index (MoM) fell from previous 2.4% to 0.2% in June

Market volatility picked up overnight on Fed Yellen – ANZ

Analysts at ANZ explained that market volatility picked up overnight. Key Quotes: "Equities rose after Fed Chair Yellen was viewed as dovish, global rates rallied (with the exception of Canada), the US dollar was mixed and commodities lifted. Yellen’s testimony sparked a US equity rall ...

Depressed USD/RUB falls below key SMA

USD/RUB has just crossed below its 200-hour SMA. The last such price-indicator cross has been registered at least over a week ago on this time frame, accentuating its significance.Traders maintaining a downside bias, extend their projections to the 800-SMA, which corresponds to the 200-SMA on 4h ...

USD/NOK gaining upside traction

USD/NOK declines over recent weeks appear to have been temporarily stalled in the face of a bullish development.The MACD line is tracing higher lows, when compared to recent sessions. Meanwhile, the meandering of the price structure is carving lower lows, which should give strong indication that w ...

EUR/USD pierces a 52-week high

EUR/USD was biding above the 52-week high but finally closed the day below.Having punched the performance metric with today's price movement leaves a new high on the charts.

Beige Book: strong labor market condition – Nomura

Analysts at Nomura explained that following Chair Yellen’s semiannual testimony, there were few surprises from the Fed Beige Book prepared for the July FOMC meeting. Key Quotes: "It reported slight to moderate growth, a tone that appears slightly cautious compared with that from th ...

Peru stocks higher at close of trade; S&P Lima General up 0.57%

Investing.com – Peru stocks were higher after the close on Wednesday, as gains in the Non-Metal Minerals, Mining and Food&Beverages sectors led shares higher. At the close in Lima, the S&P Lima General rose 0.57% to hit a new 3-months high. The best performers of the session on the S&P ...

The Day Ahead: Top 3 things to watch

Investing.com – Here’s a preview of the top 3 things that could rock markets tomorrow US Inflation and jobs data on tap Market participants will get the opportunity to glean over a raft of economic data, which may offer further guidance on the pace of inflation and the strength of U.S. labor ...

Brexit update: Making it legal – ING

James Knightley, Senior Economist at ING, notes that the key event this week is the publication of the Repeal Bill. Key quotes: "This will repeal the 1972 European Communities Act that made EU law effective in the UK while also converting all current EU legislation into UK law. This i ...