Overnight markets: risk-on, will Tokyo follow the lead? – Westpac

Analysts at ANZ offered a snapshot of overnight action from the US shift. Key Quotes: Equities rose with better earnings, while rates were little changed and the US dollar was mixed to lower. The S&P 500 was up 0.5% at the time of writing, with tech stocks leading gains. European bourse ...

Japan Adjusted Merchandise Trade Balance meets forecasts (¥127.5B) in June

Japan Merchandise Trade Balance Total came in at ¥439.9B below forecasts (¥484.7B) in June

Japan Imports (YoY) above expectations (14.6%) in June: Actual (15.5%)

Japan Exports (YoY) came in at 9.7%, above expectations (9.5%) in June

Eyes on Aussie CPI: Australian Q2 CPI preview – Westpac

Analysts at Westpac forecasts for the headline CPI is at 0.6%qtr lifting the annual pace to 2.4%yr from 2.3%yr. Key Quotes: "June is seasonally a softer quarter with the ABS seasonal factors boosting our seasonally adjusted estimate to 0.8%qtr. Key factors in Q2 are rising fruit, housing an ...

ECB: to keep its asset purchases open-ended? – BBH

Analysts at Brown Brothers Harriman explained that a press report, citing an unspecified official, suggested that the ECB wants to keep its asset purchases open-ended.   Key Quotes: "If it is, this would be seen as dovish even though no one believes it will be exercised.   It woul ...

EUR/USD posts 52 week high

EUR/USD has posted a fresh 52-week high.EUR/USD is trading at it highest level in 52 weeks, having pierced the psychological barrier on an intraday basis.

Is AUD/USD constructive or overshooting?

AUD/USD has become a runaway market, characterised by historic highs in the daily MACD (12, 26, 9). Equally significant in AUD/USD’s bullish makeup is the distance between the MACD and its signal line, which has reached a width not seen in the last six months. Yesterday's higher reading though, is ...

USD/SEK closed hesitant to pick direction

The emergence of a Southern doji pattern on the USD/SEK daily chart suggests a certain degree of exhaustion in the market.During a decline, this candlestick pattern usually changes the market's short-term trend from down to neutral. In this case, with the RSI below 30% on this time frame, th ...

EUR/USD closed above major top

EUR/USD has closed above its previous 52-week high.EUR/USD has closed at it highest level in 52 weeks, having pierced the psychological barrier on an intraday basis.

AUD/USD closed above major top

AUD/USD has closed above its previous 52-week high.AUD/USD has closed at it highest level in 52 weeks, having pierced the psychological barrier on an intraday basis.