GBP/JPY hits 150.00 as risk appetite lunges forward

Little news and surging risk appetite is bolstering the Pound and driving the Yen lower. Trade war fears have receded for now, but markets remain exposed to firm downside swings as traders are tightly wound this week. The Sterling is holding ground at the 150.00 handle heading into the Asi ...

EUR/JPY clears the 131.00 handle as risk appetite surges

The Euro catches a ride on risk appetite, Yen recedes against the major currency bloc. A lack of macro data leaves the pair exposed to possible swings in risk sentiment. The EUR/JPY heads into the overnight session on the high side, testing 131.23 after climbing steadily in Monday' ...

CAD/CHF in search of directionality in the 0.73-0.74 range

The market is currently trading in the 0.73-0.74 range. Canadian GDP is scheduled on Thursday at 12.30. The CAD/CHF is currently trading at around 0.7355 virtually unchanged on Monday after last week the bulls managed to break above the descending trendline of the daily time frame. No majo ...

US Fed’s Mester: sees rates rising, but tariffs add uncertainty – Reuters

The head of the Cleveland Federal Reserve Bank, Loretta Mester, spoke at Princeton University today, followed by a quick Q & A. Mester leans on the hawkish side of policy,  but Loretta struck a more middling tone today based on Reuter's notes. Key highlights (Reuters source) ...

US seeks specific action from China on tariffs – Reuters

According to reporting by Reuters, US officials within the Trump administration are seeking specific actions from the Chinese in the ongoing tariff negotiations.  Key quotes (Reuters): "Top Trump administration officials are asking China to cut tariffs on imported cars, allow foreig ...

Peru stocks higher at close of trade; S&P Lima General up 0.13%

Investing.com – Peru stocks were higher after the close on Monday, as gains in the Banking&Financials, Non-Metal Minerals and Industrials sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.13%. The best performers of the session on the S&P Lima General were ...

Crude oil WTI pauses at 65.55 as tension in the Middle-East escalate

Tensions in the Middle-East intensify with Yemen sending a missile. Shanghai Futures Exchange introduces its new crude oil contract. Crude oil is trading at around 65.55, down 0.55% on the day as investors took some profits from last week bull move.  Fears of an all-out trad ...

South Korea Consumer Sentiment Index down to 108.1 in March from previous 108.2

Day Ahead: Top 3 Things to Watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow 1. Consumer Confidence, Fed Speak, Richmond Fed Manufacturing in Focus As fears of a U.S.-China trade war have eased somewhat, a pair of economic reports on consumer confidence and regional manufacturing activity ...

AUD/USD rebounding from the 0.77 handle amid weaker greenback

A break of 0.7750 could lead to a test of the 0.78 handle. Reserve Bank of Australia’s Kent is scheduled to speak at 00.45 GMT.  The AUD/USD is trading at around 0.7747 up 0.57% so far as the negative sentiment on the greenback persists from last week ‘dovis ...

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.74%

Investing.com – Mexico stocks were higher after the close on Monday, as gains in the Telecoms Services, Consumer Staples and Financial Services sectors led shares higher. At the close in Mexico, the S&P/BMV IPC added 0.74%. The best performers of the session on the S&P/BMV IPC were Grupo ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.49%

Investing.com – Canada stocks were higher after the close on Monday, as gains in the Consumer Discretionary, IT and Energy sectors led shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.49%. The best performers of the session on the S&P/TSX Composite were Birchcliff ...

Brazil stocks higher at close of trade; Bovespa up 0.83%

Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Public Utilities, Basic Materials and Real Estate sectors led shares higher. At the close in Sao Paulo, the Bovespa rose 0.83%. The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras ...