Funda-FX wrap: Korean summit/Brexit/US CPI and FOMC noise

Trump/Kim summit: many uncertainties persist. Markets turn to central banks for direction.  PM Theresa May avoided a major blow to her Brexit strategy. From a fundamental perspective, the markets were mixed on expectations for the North Korea / U.S. historic summit. While the outcome i ...

Japan set to increase migrant worker counts – Financial Times

As reported by the Financial Times, Japan's government is expected to make a ruling on Friday that would add up to half a million in migrant workers as Japan tries to grapple with a worker shortage. Key quotes "Japan is poised to adopt a new approach to immigration that will allow up t ...

Market wrap: all quiet ahead of the FOMC meeting – Westpac

Analysts at Westpac offered market wrap. Key Quotes: "Markets understandably ignored the vague pledges of the Trump-Kim meeting in Singapore, as they have generally done in recent months as North Korea has become conciliatory. Korean equities closed dead flat and European markets remaine ...

Peru stocks higher at close of trade; S&P Lima General up 0.60%

Investing.com – Peru stocks were higher after the close on Tuesday, as gains in the Banking&Financials, Mining and Food&Beverages sectors led shares higher. At the close in Lima, the S&P Lima General rose 0.60%. The best performers of the session on the S&P Lima General were Volcan ...

Global daily market wrap – TDS

Analysts at TD Securities offered a market wrap in a snap-shot. Key Quotes: "The US-North Korea Summit came and went with little fanfare from the market's perspective, with North American equities slightly higher into the close (SPX: +0.2%, TSX: +0.1%) after a mixed session in Europe ...

WTI eases down to $66 in post-settlement trade after API stock report

API reports an 883K barrel increase in US crude oil stocks. WTI falls toward $6 after settling at $66.36. Crude oil prices came under a modest selling pressure after the weekly report released by the American Petroleum Institute showed a surprise build in the U.S. crude oil stocks. The AP ...

Gold Technical Analysis: Gold is happy to keep ranging in the $1,300/oz area

Gold remains stuck in an extremely tight trading range going back and forth between the 1,290 and the 1,300 level. Gold is trading below its daily 200-period simple moving average suggesting that the risk of a breakout would likely be to the downside.  Gold 15-minute chart Spot rate ...

Brexit and Summit updates – ANZ

Analysts at ANZ offered their updates on the key geopolitical matters mid-week. Key Quotes: BRUPDATE:  "UK Prime Minister May was able to fend off the Tory rebellion, with the government winning a key Brexit vote 324-298. The fractured party had been pushing for Parliamentary power ...

United States API Weekly Crude Oil Stock increased to -0.73M from previous -2.028M

United States API Weekly Crude Oil Stock rose from previous -2.028M to 0.833M

Day Ahead: Top 3 Things to Watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow 1. All Eyes on Fed's Rate Hike Outlook, Powell The Federal Open Market Committee (FOMC) releases its decision on monetary policy, accompanied by its Summary of Economic projections on interest rates, inflation, ...

NZD/USD looks to close the day with modest losses near 0.70

US Dollar Index refreshes weekly high at 93.92 on Powell headlines. The NZD/USD pair is headed for its second straight daily close in the negative territory. Markets await the announcements from the FOMC. The NZD/USD pair advanced to a daily high near 0.7050 in the first half of the day bu ...

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.78%

Investing.com – Mexico stocks were higher after the close on Tuesday, as gains in the Telecoms Services, Consumer Staples and Consumer Goods&Services sectors led shares higher. At the close in Mexico, the S&P/BMV IPC added 0.78%. The best performers of the session on the S&P/BMV IPC ...