UST yields on the up again in Asia morning
Yield gains so far today are much smaller, 5 year and 10 year are breaking to new 2 year highs though. USD/JPY up a few tics: Chatter surrounding a 50bp…
Read More »Asia morning trade digesting a record US PPI rate
The FOMC concludes its two-day meeting with their statement due at 1900 GMT and Powell at 1930 GMT. The US PPI released Tuesday posted a record annual increase of almost 10%…
Read More »Why COP26 Matters for Markets
Against the backdrop of rising energy prices leading to economic fallout for economies in Asia, Europe, and North America, COP26 is set to begin on October 31.
Read More »AUD/USD Price Analysis: Bears could stretch to test the significant 0.72 level
AUD/USD bears seek an extension to the 0.72 level. Bulls, however, are holding grounds in early Asia, so far, eyeing a 50% mean reversion. Further to
Read More »Asia eyes Australia blueprint as $100 billion oil, gas clean-up looms
Original source: https://www.investing.com/news/stock-market-news/asia-eyes-australia-blueprint-as-100-billion-oil-gas-cleanup-looms-2609996
Read More »WTI pushes towards $69.00 as US dollar retreats
WTI is trading above the $68.90 mark after slipping from $69.50 on Monday, as Saudi Arabia cut its October official selling prices (OSPs) to Asia by a
Read More »US dollar catches a broad bid as the euro spills through 1.17
Stops run in Asia There’s no news behind this latest push in the US dollar, which is rallying right across the board. I’m tempted to point the finger at EUR/USD…
Read More »EUR/JPY Price Analysis: Bulls taking lead in Asia, eye fresh hourly highs
After settling down from a round trip overnight in early US day forex moves where EUR/JPY had rallied back to the upside, it has since pulled back to
Read More »Japan Jibun Manufacturing PMI for July 53.0 (prelim was 52.2, prior 52.4)
More on the preliminary and prior can be found here Also, more manufacturing PMIs from Asia were released:
Read More »Recap July 11: Exploding Cases, Exploding Prices, Exploding Disasters (Recap Ep131)
In this week’s recap, we find that U.S. stocks ended Thursday in the worst daily performance in nearly 3 weeks, as investors across the globe retreated from risky assets. Investors…
Read More »