Japan Machinery Orders (MoM) above forecasts (-4%) in August: Actual (6.8%)

Japan Machinery Orders (YoY) registered at 12.6% above expectations (1.6%) in August

Australia Westpac Consumer Confidence increased to 1% in October from previous -3%

US Trump doubles down on Fed criticism over rising rates

US President Donald Trump informed reporters on Tuesday that he's unhappy with the US Federal Reserve's pace of interest rate hikes following the Fed's September rate lift. With Trump's statements comes some confusion from onlookers, given that the US Federal Reserve is mandate ...

UK reporting “progress” on Irish border talks – UK Press

According to UK media outlet ITV, the UK is making headway on Irish border talks as Britain and the EU continue to try to hammer out a Brexit deal before November with the clock winding down, but details and hard solutions to the current laundry-list of Brexit problems both remain elusive. Th ...

AUD/USD seeing relief gains above 0.71

The Aussie is peeking above 0.71 after Tuesday saw a mild recovery against the Greenback. With data thin on the calendar for the mid-week, trade headlines will be a major driving force behind the AUD. The AUD/USD is testing just north of the 0.71 level as markets gear up for Wednesday, and th ...

Market wrap: equities and FX broadly unchanged – TDS

In a market wrap, analysts at TD Securities explained that the North American session was fairly quiet with equities and FX broadly unchanged (S&P 500: -0.14%; DXY: -0.07%), although sectors diverged with tech outperforming (Nasdaq: +0.32%) and materials underperforming (-3.4%). Key Quotes ...

New Zealand Electronic Card Retail Sales (MoM) came in at 1.1%, above forecasts (0.6%) in September

New Zealand Electronic Card Retail Sales (YoY): 5.7% (September) vs previous 6.3%

The US Congress holds midterm elections on 6 November – Westpac

Analysts at Westpac noted that The US Congress holds midterm elections on 6 November. Key Quotes: "The Republican party controls both houses. Democrats are hoping to break their grip on the levers of power. Markets should take an "as expected" outcome in their stride bu ...

Peru stocks higher at close of trade; S&P Lima General up 0.17%

Investing.com – Peru stocks were higher after the close on Tuesday, as gains in the Banking&Financials, Mining and Services sectors led shares higher. At the close in Lima, the S&P Lima General rose 0.17%. The best performers of the session on the S&P Lima General were Sider (LM:SID), ...

Fed speakers have been interpreted on the hawkish side – ANZ

Analysts at ANZ New Zealand Bank explained that, recently, Fed speakers have been interpreted on the hawkish side.  Key Quotes: "They have emphasised the planned path of rate hikes and the risk of overheating on the back of very strong US data, making it clear that they will not stan ...

S&P500 Technical Analysis: Stocks consolidating above 2,877.00 support

The S&P500 is trading in a bull trend.  The S&P500 broke below the bull trendline and the 200-period simple moving average on the 4-hour chart but is being supported above 2,877.00 (January swing high). As long as the market holds above the support bulls will try to create a ne ...