Market Update – December 2- Sentiment swings on Omicron news
Powell reiterates Hawkishness, First case of Omicron confirmed in US – Stocks tank again under key technical levels, Yields slip again, USD mixed. Erdogan sacks Fin Min – TRY new…
Read More »Oil markets looking to OPEC+ meeting for support
Overnight Headlines *Asian markets mixed as Omicron worries leave investors on edge *US health officials find first US case of new variant *USD erased losses after news of arrival of…
Read More »Fresh risk-off wave hits markets
Overnight Headlines *Risk sentiment turn gloomy as Moderna Chief predicts existing vaccines will struggle *President Biden warns against Omicron panic, pledges no new lockdowns *USD is mixed as safe havens…
Read More »Market Update – November 26 – B.1.1.529 – Risk Off
B.1.1.529 – RISK OFF – JPY, CHF & USD bid – AUD, NZD & CAD pressured – Stocks & Oil tank. (-2.5%) Treasuries in demand as yields slip. UK, Singapore,…
Read More »GBP/JPY Price Analysis: Bulls pressing against critical breakout territories
There is little to be said on the shorter-term time frames for GBP/JPY is the cross gyrates with no clear directional bias as the price rounds off the
Read More »Market Update – November 19 – Technicals dominate for now
USDIndexat 95.80. Prime Minister Kishidaconfirmed the new stimulus package has a size of 79 tln yen. Chinais looking into ways to cut taxes and government fees by up to 500 bln yuan….
Read More »USD/JPY Aims Higher After Japan’s Core CPI Falls Short of Expectations
USD/JPY appears to be ready to finish out the week with gains as Japanese Yen weakness continues following CPI data for October.
Read More »Oil sinks on prospect of more supply
Overnight Headlines *USD backs off highs, JPY jumps as sentiment soured *US stocks closed in the red, Dow -0.58% *Oil skidded to a six-week low on concern about supply overhang…
Read More »Market Update – November 18 – Commodity related assets on bid
USDIndex pulled back again to 95.65 . Stock market stalled lower led by China tech stocks, which were under pressure as investors weighed global central bank outlooks and the prospect…
Read More »USD/JPY pares biggest daily loss in three months near 114.00 amid sluggish yields
USD/JPY refreshes intraday high around 114.25, before stepping back to 114.15, as Tokyo opens for Thursday’s trading. In doing so, the yen pair consol
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