Australia Westpac Leading Index (MoM) climbed from previous -0.1% to 0.1% in September

UK inflation on the rise – ANZ

Analysts at ANZ explained that UK inflation rose to 3%, the quickest pace of growth since April 2012, with core inflation at 2.7%.  Key Quotes: "There were a number of BoE speakers with Governor Carney declining to comment on a specific time for the next rate rise and tight-roping th ...

AUD/USD: steady at 0.7850, looking ahead to key jobs

Currently, AUD/USD is trading at 0.7843, down -0.03% on the day, having posted a daily high at 0.7848 and low at 0.7843. RBA Minutes: Limited new information and no surprises – RBC CM In a recovery, AUD/USD moved back from 0.7818 lows to 0.7849 in NY while copper consolidated afte ...

South Korea Unemployment Rate: 3.7% (September) vs previous 3.8%

DJIA hit 23,000 for the first time – ANZ

Analysts at ANZ explained that the USD continued to rise, with the Treasury curve bear flattening.  Key Quotes: "US equities hit new records before coming off the highs in the New York afternoon. Commodity prices declined. DJIA hit 23,000 for the first time, up around 25% since th ...

Fed’s Beige Book preview – Nomura

Analysts at Nomura offered a preview of the Fed's Beige Book. Key Quotes: "In the Beige Book prepared for the September FOMC meeting, the Federal Reserve noted that economic activity expanded at a “modest to moderate pace” across the 12 reserve districts in July and August ...

Aussie Flat In Asia Ahead Of NAB Business Survey

Investing.com - The Aussie was flat and yen up a tick in early Asia on Wednesday with a closely-watched business survey ahead in Australia. AUD/USD traded flat at 0.7845, while USD/JPY changed hands at 112.19, down 0.01%. In Australia, comes the NAB quarterly business confidence survey. The U.S ...

Brazil stocks lower at close of trade; Bovespa down 0.90%

Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Basic Materials, Industrials and Consumption sectors led shares lower. At the close in Sao Paulo, the Bovespa lost 0.90%. The best performers of the session on the Bovespa were Estacio Participacoes SA (SA:ESTC3), ...

Crude Oil Inventories Drop More Than Expected, API Says

Investing.com - Crude oil inventories fell by 7.130 million barrels, the American Petroleum Institute (API) said oin Tuesday, more than expected as gasoline stocks rose by 1.94 million barrels and distillates gained 1.64 million barrels missing expectations of declines. The oil storage hub a ...

Peru stocks lower at close of trade; S&P Lima General down 0.33%

Investing.com – Peru stocks were lower after the close on Tuesday, as losses in the S&P Lima Juniors, Mining and Food&Beverages sectors led shares lower. At the close in Lima, the S&P Lima General lost 0.33%. The best performers of the session on the S&P Lima General were Grana Y ...

AUD/NZD: to consolidate in a 1.0900-1.1000 range? – Westpac

Analysts at Westpac offered their outlook for the antipodeans and rates. Key Quotes: "AUD/NZD 1 day: Probably consolidates in a 1.0900-1.1000 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 ...

Forex today: dollar 2% higher, carving out bullish H&S across most majors

Forex today was driven by a stronger dollar again with some of the US rates higher while the STIR curve steepened. The US dollar index is 0.2% higher on the day. The 2yr yields moved the most, rising from 1.53% to 1.56%. The US 10yr treasury yields moved between 2.30% and 2.33% to close unchange ...

Day Ahead: Top 3 Things to Watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow Dollar in Focus: Beige Book, Housing Data, Fed speakers The dollar could be the 'one to watch' in Wednesday’s session as a raft of top-tier economic data is expected to provide the greenback with fresh direction. U ...

China continues to show better progress – UOB

Analysts at UOB Group explained that China continues to show better progress on the reflation front, reporting a strong set of inflation numbers yesterday.  Key Quotes: "For the month of September, China PPI grew further to +6.9% YoY, from +6.3% YoY in August. Equally important, core CP ...

United States API Weekly Crude Oil Stock fell from previous 3.097M to -7.13M