Japan Nikkei Falls to 2 Month Low before US Employment
The Nikkei index fell for the third straight session Friday in Tokyo, ending at a fresh two-month low on selling prompted by the dollar’s dive amid concerns over U.S. labor market conditions. The...
View ArticleSoros Returns to Japanese Markets
Even as Japan’s benchmark stock index flirted with bear territory on Friday and then closed more than 6 percent lower for the week, there was some good news for the beaten-down Nikkei. Japan’s public...
View ArticleJapanese Stocks Touch 15 Year High on Fed Patience
Japan’s Nikkei share index closed at a 15-year high after data showed Japan’s trade deficit more than halved in January, due to lower oil prices and a strong rise in exports. The benchmark Nikkei 225...
View ArticleAsian Gains Drive European Futures Higher
European markets are poised to open much higher on Monday, tracking gains made in Asia overnight which came despite some questionable economic data from the region. China’s trade figures for January...
View ArticleJapan’s Nikkei breaks losing streak
Japan’s Nikkei index rose, breaking a seven-day losing streak, despite the yen continuing to strengthen. The benchmark Nikkei 225 closed up 0.2% at 15,749.84, helped by a rebound in energy and...
View ArticleOil Rebounds But Remains Bearish for Now
The European session looks set for a relatively mixed start on Tuesday, with small oil losses today likely to keep the pressure on as we look ahead to some data from Germany, the eurozone and the U.S....
View ArticleOANDA MP – FOMC Statement Holds the Key (Video)
Senior Market Analyst Craig Erlam discusses the reaction to Shinzo Abe’s fiscal stimulus package, today’s economic data and this evening’s the FOMC interest rate decision and statement.
View ArticleAsia Pacific Equities and a look at Wheat
A stronger USD has seen Asia Equities diverge today in Asia. Meanwhile wheat, along with other commodities continues to look more like chaff than wheat. The strengthening USD has not been a boon for...
View ArticleNikkei Up on Yen Losses, Europe Seen Flat
Japanese stocks rallied as the yen weakened before the U.S. Federal Reserve’s meeting this week, while Chinese stocks reversed earlier declines amid strong economic data. European stock index futures...
View ArticleDollar Recoups Losses, Equities Lower
The dollar extended its recovery against a basket of other currencies on Friday, while banks dragged European shares slightly lower following underwhelming results from Swiss major UBS. The two-day...
View ArticleAsia Markets Seek Safe Havens
The G-7 Nations acting like the League of Nations seems to have finally opened the floodgates as markets seek safe havens ahead of the Easter break. As expected, in all honesty, the G-7 officials...
View ArticleAsia Très Calme Ahead of French Vote
Euro and GBP are unchanged, and most asset classes in Asia are almost so, as markets await France’s 1st round presidential runoff this weekend. If the price action on most G-10 currency pairs and...
View ArticleEquities Softer Following The Temptation Of Trump
Asian and European equity indices are lower on yet more alleged U.S. political concerns, but this may not be the real story. Another day another potential scandal coming out of Washington D.C. This...
View ArticleRisk Aversion Weighs on the Asia Session
Holidays in Greater China and Hong Kong see mixed equities moves with Yen crosses drifting lower on political uncertainty in the U.K and Europe. With both the U.K. and the U.S. out overnight and with...
View ArticleJPY Follow the flows
Benchmarks in Japan NIK, +0.76% and Taiwan Y9999, +0.83% , which have major tech companies, rose about 0.8% by midday Wednesday. Japanese electronics stocks were among the region’s big gainers,...
View ArticleSoft start for Asia on G20 uncertainty and Middle East Tensions
The situation in the Middle East remains fluid and market uneasiness is likely to persist at the start of the trading week. President Trump tweeted on Saturday that “We are putting major additional...
View ArticleAussie finds support as retails sales top estimates
AUD/USD hits 7-month low Better-than-expected Australia retail sales data helped AUD/USD to recover from early intra-day lows, but not before the FX pair had reached the lowest since the mini flash...
View ArticleAsia Open – Market Carnage, RBA to hold, Oil slides, Gold and Bitcoin surge
Global markets are likely to continue to see pressure as sentiment has been badly damaged with the recent escalation in the US-China trade war. The promise of global central bank easing is not enough...
View ArticleConflicting Data Muddys APAC Stockmarkets
Monday’s equity session in Asia has thrown up some sharp divergence, and a few surprises, with U.S. index futures, sidelined for the Labor Day holiday. Regional markets are flat to slightly lower as...
View ArticleAsia Session: Stocks Rise As Gold Falls
Asia stocks rose ahead of U.S. employment data and Fed Chairman Jerome Powell’s speech later this evening. Gold continued its overnight collapse as investors reduced haven positioning en masse after...
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