Analysts at ANZ noted that with most of the US out for Columbus Day, market volumes were light and activity confined to tight ranges. Key Quotes: "There was an absence of major data, but the USD maintained a slightly softer bias vs EUR and GBP throughout the European day. The easier politica ...
Day: October 9, 2017
Japan Current Account n.s.a. above forecasts (¥2262.4B) in August: Actual (¥2380.4B)
United Kingdom BRC Like-For-Like Retail Sales (YoY) increased to 1.9% in September from previous 1.3%
NZD’s medium-term trajectory should not change – Nomura
Analysts at Nomura explained that while the Nationals retaining government is likely to be viewed positively by FX markets, the NZD’s medium-term trajectory should not change. Key Quotes: "NZ First’s involvement and push for tighter immigration and the negative flow-throug ...
US/ Turkey travel visa stand-off: EM bond spreads are at their lowest in a decade – ANZ
Analysts at ANZ explained that the lira and Turkish equities each tumbled more than 3% after Turkey and the US stopped issuing visas to each other’s citizens. Key Quotes: "The disagreement relates to the arrest of a Turkish citizen employed at the US consulate for alleged involvement i ...
AUD/USD: below 100D SMA, where next on a break and close below key support?
Currently, AUD/USD is trading at 0.7753, down -0.01% on the day, having posted a daily high at 0.7757 and low at 0.7752. AUD/USD rallied in London to 0.7769 but sellers emerged in thin trade with price stalling at 0.7750 so far. The Chinese Caixin Services PMI came in at 50.6 for September ...
NZD/USD: downside pressures persist, eyes below 0.70 handle on break of 0.7050?
Currently, NZD/USD is trading at 0.7062, down -0.03% on the day, having posted a daily high at 0.7067 and low at 0.7062. NZD/USD is under pressure, albeit in quiet markets with the number of holidays at the start of this week. The bird ranged between 0.7064 and 0.7086 overnight, although there i ...
New Zealand Electronic Card Retail Sales (YoY) down to 2.9% in September from previous 4.4%
Brazil stocks lower at close of trade; Bovespa down 0.43%
Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Basic Materials, Financials and Electric Power sectors led shares lower. At the close in Sao Paulo, the Bovespa declined 0.43%. The best performers of the session on the Bovespa were RUMO Logistica Operadora ...
AUD/NZD: 1.0940-1.1020 range to break? – Westpac
Analysts at Westpac offered their outlook for the antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: Probably confined to a 1.0940-1.1020 range. AUD/NZD 1-3 month: September’s downward correction should give way to a resumption of the trend rise which started in June, and test 1.12 ...
Yen Gains In Early Asia Ahead Of Current Account Data
Investing.com - The yen gained slightly in Asia on Tuesday with current account figures ahead, while the Aussie inched higher as well ahead of closely-watched business surveys. USD/JPY changed hands at 112.65, down 0.03%, while AUD/USD traded at 0.7753, up 0.01%. The U.S. dollar index, whic ...
Peru stocks lower at close of trade; S&P Lima General down 0.38%
Investing.com – Peru stocks were lower after the close on Monday, as losses in the Non-Metal Minerals, Industrials and Banking&Financials sectors led shares lower. At the close in Lima, the S&P Lima General fell 0.38%. The best performers of the session on the S&P Lima General were ...
Forex today: Columbus Day holidays, dollar trades the froth of overnight sessions, down -0.1%
There were a number of holidays today, so markets were stable although the pound was rebounding significantly in the Asiana and European markets, consolidating in the US. GBP/USD opened 1.3093 in Asia and made a high of 1.3183 in the absence of political and Brexit headlines criticizing PM May ...
Wall Street ends quiet session slightly lower
Major equity indexes remained confined in tight ranges on Monday due to the Columbus Day holiday in the U.S. but closed the day little lower as investors turn their attention to quarterly earnings results. Led by gains in Microsoft and Nvidia, the S&P information technology index (SPLRCT ...