FirewoodFX - Market News

Daily Forex Market News - FirewoodFx

User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

Re: FirewoodFX - Market News

#461

Post by B0N3 » Fri Mar 22, 2019 7:18 pm

Asia Roundup:
Dollar gains against yen on upbeat U.S. economic data, gold off 3-week peak, investors eye EZ prelim Markit PMI –
Friday, March 22nd, 2019







Market Roundup

May gets two-week Brexit reprieve from impatient EU

Five percent? EU leaders doubt May's Brexit vote chances

Japan firms see prolonged Sino-US trade war, China slowdown to persist-Reuters poll

U.S. imposes first new North Korea sanctions since failed summit

Japan Feb CPI, Core Nationwide YY, 0.7%, 0.8% f'cast, 0.8% prev

Japan Feb CPI, Overall Nationwide, 0.2%, 0.2% prev

Japan Mar Nikkei Mfg PMI Flash, 48.9, 48.9 prev



Economic Data Ahead

(0415 ET/0815 GMT) France Mar Markit Mfg Flash PMI, 51.5 f'cast, 51.5 prev

(0415 ET/0815 GMT) France Mar Markit Serv Flash PMI, 50.7 f'cast, 50.2 prev

(0415 ET/0815 GMT) France Mar Markit Comp Flash PMI, 50.7 f'cast, 50.4 prev

(0430 ET/0830 GMT) Germany Mar Markit Mfg Flash PMI, 48.0 f'cast, 47.6 prev

(0430 ET/0830 GMT) Germany Mar Markit Service Flash PMI, 54.8 f'cast, 55.3 prev

(0430 ET/0830 GMT) Germany Mar Markit Comp Flash PMI, 52.7 f'cast, 52.8 prev

(0500 ET/0900 GMT) EZ Mar Markit Mfg Flash PMI, 49.5 f'cast, 49.3 prev

(0500 ET/0900 GMT) EZ Mar Markit Serv Flash PMI, 52.7 f'cast, 52.8 prev

(0500 ET/0900 GMT) EZ Mar Markit Comp Flash PMI, 52.0 f'cast, 51.9 prev



Key Events Ahead

N/A ECB's Mario Draghi participates in European Council meeting in Brussels

(0340 ET/0740 GMT) Norway Central Bank Deputy Governors Jon Nicolaisen and Egil Matsen speaks in Harstad, Norway

(0415 ET/0815 GMT) ECB Board Member Luis de Guindos makes open remarks at the ECB colloquium in Frankfurt

(0430 ET/0830 GMT) ECB Board Member Ignazio Angeloni speaks at the ECB colloquium in Frankfurt

(0605 ET/1005 GMT) Speeches by Governor Oystein Olsen and Carine Smith Ihenacho, chief corporate governance officer in Norges Bank Investment Management in Loen, Norway

(0630 ET/1030 GMT) ECB Board Member Andrea Enria participates in session 2 at the ECB colloquium in Frankfurt.



FX Beat

DXY: The dollar index extended prior session's rebound after data showed the number of Americans filing applications for unemployment benefits declined more than expected last week. The greenback against a basket of currencies traded 0.5 percent up at 96.38, having touched a low of 95.74 on Wednesday, its lowest since Feb 4. FxWirePro's Hourly Dollar Strength Index stood at -18.41 (Neutral) by 0500 GMT.

EUR/USD: The euro steadied after easing from a 1-1/2 month peak in the previous session after overnight data showed Euro zone consumer confidence rose by 0.2 point to -7.2 in March from -7.4 February. The European currency traded flat at 1.1378, having touched a high of 1.1448 on Wednesday, its highest since Feb. 4. FxWirePro's Hourly Euro Strength Index stood at 38.13 (Neutral) by 0500 GMT. Investors’ attention will remain on a series of data from the Eurozone economies, ECB De Guindos speech, EZ current account and Markit prelim PMI, ahead of the U.S. Markit flash PMI's, existing home sales, and wholesale inventories. Immediate resistance is located at 1.1419 (Feb 28 High), a break above targets 1.1488 (Feb 1 High). On the downside, support is seen at 1.1336 (Jan. 22 Low), a break below could drag it till 1.1309 (Mar. 4 Low).

USD/JPY: The dollar nudged higher, after rebounding from a 5-week low in the prior session, after data released yesterday showed U.S. weekly unemployment benefits claims fell more than expected last week, indicating strong labor market conditions. The major was trading 0.05 percent up at 110.81, having hit a low of 110.29 the day before, its lowest since Feb. 15. FxWirePro's Hourly Yen Strength Index stood at -18.41 (Neutral) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. Markit flash PMI's, existing home sales, and wholesale inventories. Immediate resistance is located at 111.07 (Feb. 26 High), a break above targets 111.46 (Mar. 12 High). On the downside, support is seen at 110.25 (Feb. 15 Low), a break below could take it lower at 109.63 (Dec. 31 Low).

GBP/USD: Sterling bounced back from near 2-week lows despite growing fears of a no-deal Brexit if the British lawmakers held firm in their rejection of Prime Minister Theresa May's EU withdrawal deal. On Thursday, the Bank of England kept interest rates steady at 0.75 percent, as most businesses braced for a no-deal Brexit that would likely dent economic growth and jobs. The major traded 0.3 percent up at 1.3143, having hit a low of 1.3003 on Thursday; it’s lowest since Mar. 11. FxWirePro's Hourly Sterling Strength Index stood at -157.63 (Highly Bearish) 0500 GMT. Investors’ will remain on UK quarterly bulletin, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3198 (Mar. 5 High), a break above could take it near 1.3254 (Mar. 4 High). On the downside, support is seen at 1.3068 (Mar. 7 Low), a break below targets 1.3004 (Mar. 4 Low). Against the euro, the pound was trading 0.2 percent up at 86.56 pence, having hit a low of 87.22 on Thursday, it’s lowest since Feb. 22.

AUD/USD: The Australian dollar declined, extending previous session losses, as the greenback gained on strong U.S. economic data. The Aussie trades 0.1 percent down at 0.7105, having hit a high of 0.7168 on Thursday, it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at -34.25 (Neutral) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7078 (Mar. 18 Low), a break below targets 0.7041 (Mar. 14 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar gained, supported by data showing the country's economy expanded rapidly last quarter. The Kiwi trades 0.2 percent up at 0.6890, having touched a high of 0.6938 on Thursday, its highest level Feb. 1. FxWirePro's Hourly Kiwi Strength Index was at 30.26 (Neutral) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6944 (Dec. 5 High), a break above could take it near 0.6969 (Dec. 4 High). On the downside, support is seen at 0.6808 (Mar. 14 Low), a break below could drag it below 0.6757 (Feb. 22 Low).



Equities Recap

Asian shares touched 6-1/2-month highs after better-than-expected U.S. data and optimism in the tech sector boosted Wall Street stocks.

MSCI's broadest of Asia-Pacific shares outside Japan climbed 0.3 percent.

Shanghai composite index declined 0.1 percent to 3,098.86 points, while CSI300 index traded 0.2 percent down at 3,828.20 points.

Hong Kong’s Hang Seng traded 0.3 percent lower at 29,979.26 points. Taiwan shares added 0.3 percent to 10,639.07 points



Commodities Recap

Crude Oil prices rose, hovering towards its 2019 peaks reached in the previous session, boosted by supply cuts led by producer cartel OPEC and by U.S. sanctions against Iran and Venezuela. International benchmark Brent crude was trading 0.1 percent up at $67.73 per barrel by 0504 GMT, having hit a high of $68.67 the day before, its highest since Nov. 13. U.S. West Texas Intermediate was trading 0.05 percent higher at $59.85 a barrel, after rising as high as $60.37 on Thursday, its highest since the Nov. 12.

Gold prices declined, hovering further away from a 3-week peak hit in the prior session, as appetite for riskier assets improved following upbeat U.S. economic data. Spot gold was 0.1 percent down at $1,308.09 per ounce at 0508 GMT, having touched a high of $1,320.26 on Thursday, its highest since Feb 28 and is on track for a third consecutive week of gain. U.S. gold futures were flat at $1,307.50 an ounce.










DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

#462

Post by B0N3 » Mon Mar 25, 2019 7:14 pm

Asia Roundup:
Kiwi halts 2-day losing streak ahead of RBNZ policy meeting, greenback rallies after Mueller finds no Trump-Russia conspiracy, Asian shares plunge on impending U.S. recession fears – Monday, March 25th, 2019







Market Roundup

Brexit up in the air as May pushes divorce deal for third time

Markets seem to underestimate threat of Brexit – ECB's Rehn

Fed's Evans says have to be nervous about yield curve, but U.S. economy solid

Fed rate hike, rate cut both 'on the table': Bostic

Mueller finds no Trump-Russia conspiracy but some questions left unresolved

China says will reduce gov't direct intervention in industrial sector

China refuses to concede on U.S. demands to ease curbs on tech firms-FT




Economic Data Ahead

(0500 ET/0900 GMT) Germany Mar Ifo Business Climate New, 98.5 f'cast, 98.5 prev

(0500 ET/0900 GMT) Germany Mar Ifo Curr Conditions New, 102.9 f'cast, 103.4 prev

(0500 ET/0900 GMT) Germany Mar Ifo Expectations New, 94.0 f'cast, 93.8 prev




Key Events Ahead

N/A ECB's Coeure, Eurogroup chief Mário Centeno, IMF deputy chief David Lipton and Portuguese central bank chief Costa speak in Lisbon, Portugal

(0530 ET/0930 GMT) ECB board member Sabine Lautenschlager participates in the EU Project Day in German schools in Seelscheid, Germany

(0530 ET/0930 GMT) ECB board member Benoit Coeure participates in a panel discussion in Lisbon, Portugal

(0530 ET/1030 GMT) Federal Reserve Bank of Philadelphia President Patrick Harker speaks on economic outlook in London

(1950 ET/2350 GMT) BoJ to release summary of opinions from board members at its March 14-15 policy meeting in Tokyo.




FX Beat

DXY: The dollar index surged after an official report concluded that U.S. President Donald Trump did not collude with Russia during the presidential elections in 2016. The greenback against a basket of currencies traded 0.1 percent up at 96.62, having touched a peak of 96.81 on Friday, its highest since Mar. 14. FxWirePro's Hourly Dollar Strength Index stood at 54.71 (Bullish) by 0500 GMT.

EUR/USD: The euro declined for the third straight session, as Friday’s weaker-than-expected German manufacturing survey stoked concerns for Europe's biggest economy and the wider eurozone. The European currency traded 0.5 percent down at 1.1295, having touched a low of 1.1273 on Friday, its highest since Mar. 12. FxWirePro's Hourly Euro Strength Index stood at -64.67 (Bearish) by 0500 GMT. Investors’ attention will remain on German IFO report, ahead of the Chicago Fed national activity index, Dallas Fed Manufacturing business index and Fed Harker's speech. Immediate resistance is located at 1.1344 (Mar. 14 High), a break above targets 1.1408 (Mar. 1 High). On the downside, support is seen at 1.1273 (Mar. 22 Low), a break below could drag it till 1.1221 (Mar. 11 Low).

USD/JPY: The dollar plunged to a 1-1/2 month trough as concerns about a potential U.S. recession and decelerating global growth sent investors seeking safety in safe-haven assets. However, the pair attempted a minor recovery after U.S. Attorney General William Barr stated that special counsel Robert Mueller found no evidence of collusion between Trump's campaign team and Russia. The major was trading 0.1 percent up at 109.98, having hit a low of 109.70, its lowest since Feb. 8. FxWirePro's Hourly Yen Strength Index stood at 32.19 (Neutral) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the Chicago Fed national activity index, Dallas Fed Manufacturing business index and Fed Harker's speech. Immediate resistance is located at 110.46 (Feb. 11 High), a break above targets 111.07 (Feb. 26 High). On the downside, support is seen at 109.63 (Dec. 31 Low), a break below could take it lower at 109.55 (Feb. 6 Low).

GBP/USD: Sterling declined amid growing political turmoil in Britain over the country's exit from the European Union. The major traded 0.1 percent down at 1.3189, having hit a low of 1.3003 on Thursday; it’s lowest since Mar. 11. FxWirePro's Hourly Sterling Strength Index stood at -25.55 (Neutral) 0500 GMT. Investors’ will remain on the U.S. fundamental drivers, amid a lack of data from the UK docket. Immediate resistance is located at 1.3254 (Mar. 4 High), a break above could take it near 1.3311 (Mar. 19 High). On the downside, support is seen at 1.3146 (Mar. 20 Low), a break below targets 1.3068 (Mar. 7 Low). Against the euro, the pound was trading 0.2 percent down at 85.69 pence, having hit a low of 87.22 on Thursday, it’s lowest since Feb. 22.

AUD/USD: The Australian dollar tumbled to a 5-day low, as investors grew increasingly concerned about the outlook for the global economy. The Aussie trades 0.05 percent up at 0.7082, having hit a high of 0.7168 on Thursday, it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at -40.06 (Neutral) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7041 (Mar. 14 Low), a break below targets 0.7003 (Mar. 8 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar surged, halting a 2-day losing streak, as investors’ eye RBNZ's next policy meeting on Wednesday, where it is considered certain to keep rates at 1.75 percent and reiterate the outlook for steady policy. The Kiwi trades 0.2 percent up at 0.6883, having touched a high of 0.6938 on Thursday, its highest level Feb. 1. FxWirePro's Hourly Kiwi Strength Index was at 25.90 (Neutral) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6944 (Dec. 5 High), a break above could take it near 0.6969 (Dec. 4 High). On the downside, support is seen at 0.6808 (Mar. 14 Low), a break below could drag it below 0.6757 (Feb. 22 Low).



Equities Recap

Asian shares tumbled as growing worries about an impending U.S. recession dented investor risk sentiment.

MSCI's broadest of Asia-Pacific shares outside Japan dropped 0.6 percent.

Tokyo's Nikkei fell 3.01 percent to 20,977.11 points, Australia's S&P/ASX 200 index eased 1.1 percent to 6,126.20 points and South Korea's KOSPI plunged 1.9 percent to 2,145.31 points.

Shanghai composite index declined 1.6 percent to 3,053.37 points, while CSI300 index traded 2.1 percent down at 3,754.83 points.

Hong Kong’s Hang Seng traded 1.6 percent lower at 28,655.16 points. Taiwan shares shed 1.5 percent to 10,484.09 points.




Commodities Recap

Crude Oil prices declined, extending losses for the third straight session, amid concerns that looming recession could outweigh supply disruptions from OPEC's production cuts and from U.S. sanctions on Iran and Venezuela. International benchmark Brent crude was trading 0.4 percent up at $66.67 per barrel by 0525 GMT, having hit a high of $68.67 on Thursday, its highest since Nov. 13. U.S. West Texas Intermediate was trading 0.5 percent lower at $58.59 a barrel, after rising as high as $60.37 on Thursday, its highest since the Nov. 12.

Gold prices surged as concerns about a potential U.S. recession and decelerating global growth weighed on investor risk appetite. Spot gold was 0.2 percent up at $1,315.87 per ounce by 0528 GMT, having touched a high of $1,320.26 on Thursday, its highest since Feb 28. U.S. gold futures were up 0.2 percent at $1,314.40 an ounce.










DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

#463

Post by B0N3 » Tue Mar 26, 2019 7:21 pm

Asia Roundup:
Aussie steadies following RBA Ellis' comments on labour market, greenback gains as U.S. Treasury yields resume rise, Asian shares rebound – Tuesday, March 26th, 2019







Market Roundup

British lawmakers vote to seize control of Brexit for a day

Fed should consider holding more short-term bonds -Rosengren

Global strain stirs BOJ debate of more easing in March

Democrats push for Mueller report to Congress by next week, Republicans resist

China will open further to foreign investment – premier assures global executives

Australia's central bank confident on jobs data, eyes tax take

New Zealand Feb Annual Trade Balance (NZD), -6.62 bln, -6.36 bln prev, -6.45 bln rvsd




Economic Data Ahead

(0300 ET/0700 GMT) Germany Apr Gfk Consumer Sentiment, 10.8 f'cast, 10.8 prev

(0345 ET/0745 GMT) France Q4 GDP QQ Final, 0.3% f'cast, 0.3% prev

(0345 ET/0745 GMT) France Mar Business Climate Mfg, 103 f'cast, 103 prev




Key Events Ahead

(0345 ET/0745 GMT) Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook in Frankfurt

(0400 ET/0800 GMT) Riksbank executive board meeting in Stockholm

(0700 ET/1100 GMT) BoE Deputy Governor Ben Broadbent speaks about statistics in parliament in London

(0700 ET/1100 GMT) Riksbank Deputy Governor Cecilia Skingsley speaks in Stockholm

(0800 ET/1200 GMT) ECB Governing Council member Jozef Makuch holds news conference in Bratislava

(0830 ET/1230 GMT) Federal Reserve Bank of Philadelphia to issue non-manufacturing business outlook survey for March

(1500 ET/1900 GMT) Federal Reserve Bank of San Francisco President Mary Daly speaks at event in San Francisco




FX Beat

DXY: The dollar index steadied, as the 10-year U.S. Treasury yield rose to 2.430 percent after declining to 2.377 percent on Monday, its lowest since December 2017. The greenback against a basket of currencies traded 0.1 percent up at 96.58, having touched a peak of 96.81 on Friday, its highest since Mar. 14. FxWirePro's Hourly Dollar Strength Index stood at -16.64 (Neutral) by 0500 GMT.

EUR/USD: The euro consolidated within narrow ranges, amid increasing concerns about a slowdown in the euro zone economy. On Monday, the major rebounded from a 10-day low, after German IFO Institute said it's business climate index rose to 99.6, surpassing consensus forecast of 98.5 and halting six consecutive months of decline. The European currency traded flat at 1.1310, having touched a low of 1.1273 on Friday, its lowest since Mar. 12. FxWirePro's Hourly Euro Strength Index stood at -130.55 (Highly Bearish) by 0500 GMT. Investors’ attention will remain on German Gfk consumer confidence survey, ahead of the U.S. building permits, housing starts, home price indices, and Richmond Fed manufacturing index. Immediate resistance is located at 1.1359 (Mar. 18 High), a break above targets 1.1408 (Mar. 1 High). On the downside, support is seen at 1.1273 (Mar. 22 Low), a break below could drag it till 1.1221 (Mar. 11 Low).

USD/JPY: The dollar rose, extending previous session rebound as U.S. 10-year Treasury yields edged higher. However, fears of a global economic slowdown and concerns of possible U.S. recession limited the upside in the pair. The major was trading 0.1 percent up at 110.05, having hit a low of 109.70 on Monday, its lowest since Feb. 8. FxWirePro's Hourly Yen Strength Index stood at 138.60 (Highly Bullish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. building permits, housing starts, home price indices, and Richmond Fed manufacturing index. Immediate resistance is located at 110.46 (Feb. 11 High), a break above targets 111.07 (Feb. 26 High). On the downside, support is seen at 109.63 (Dec. 31 Low), a break below could take it lower at 109.55 (Feb. 6 Low).

GBP/USD: Sterling declined, extending prior session losses after British lawmakers voted to take control of the Brexit process from Prime Minister Theresa May for a day. Additionally, concerns over when, how and even if Britain will exit the European Union continued to dent investor sentiment. The major traded 0.1 percent down at 1.3184, having hit a low of 1.3003 on Thursday; it’s lowest since Mar. 11. FxWirePro's Hourly Sterling Strength Index stood at -78.64 (Slightly Bearish) 0500 GMT. Investors’ will remain on UK BBA Mortgage approvals, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3254 (Mar. 4 High), a break above could take it near 1.3311 (Mar. 19 High). On the downside, support is seen at 1.3146 (Mar. 20 Low), a break below targets 1.3068 (Mar. 7 Low). Against the euro, the pound was trading 0.1 percent down at 85.77 pence, having hit a low of 87.22 on Thursday, it’s lowest since Feb. 22.

AUD/USD: The Australian dollar rose to a 5-day peak after RBA Assistant Governor Luci Ellis said that the central bank is confident on domestic jobs data and dismissed concerns the health of the labour market might be overstated and pointed to a range of indicators in support. The Aussie trades 0.2 percent up at 0.7124, having hit a high of 0.7168 on Thursday, it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at 80.15 (Slightly Bearish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7041 (Mar. 14 Low), a break below targets 0.7003 (Mar. 8 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar trimmed gains after rising to a 5-day high, as investors awaited the Reserve Bank of New Zealand's policy meeting on Wednesday, where it is considered certain to keep rates steady and reiterate its outlook for no change until 2021. The Kiwi trades flat at 0.6907, having touched a high of 0.6938 on Thursday, its highest level Feb. 1. FxWirePro's Hourly Kiwi Strength Index was at 108.93 (Highly Bullish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6944 (Dec. 5 High), a break above could take it near 0.6969 (Dec. 4 High). On the downside, support is seen at 0.6876 (5-DMA), a break below could drag it below 0.6808 (Mar. 14 Low).




Equities Recap

Asian shares bounced back from two straight sessions of losses as U.S. 10-year Treasury yields retreated from multi-month lows.

MSCI's broadest of Asia-Pacific shares outside Japan surged 0.3 percent.

Tokyo's Nikkei rose 2.1 percent to 21,428.44 points, Australia's S&P/ASX 200 index gained 0.1 percent to 6,130.60 points and South Korea's KOSPI rallied 0.3 percent to 2,151.50 points.

Shanghai composite index declined 1.02 percent to 3,012.44 points, while CSI300 index traded 0.7 percent down at 3,717.52 points.

Hong Kong’s Hang Seng traded 0.05 percent higher at 28,530.57 points. Taiwan shares added 0.8 percent to 10,559.20 points




Commodities Recap

Crude Oil prices surged, boosted by supply cuts led by producer cartel OPEC and U.S. sanctions against Iran and Venezuela, however, signs of a sharp economic slowdown limited upside. International benchmark Brent crude was trading 0.1 percent up at $67.31 per barrel by 0454 GMT, having hit a high of $68.67 on Thursday, its highest since Nov. 13. U.S. West Texas Intermediate was trading 0.3 percent higher at $59.23 a barrel, after rising as high as $60.37 on Thursday, its highest since the Nov. 12.

Gold prices eased after rising to a near 1-month high in the previous session on possible U.S. recession and global growth concerns. Spot gold was trading 0.2 percent down at $1,319.53 per ounce by 0458 GMT, having touched a high of $1,324.40 on Monday, its highest since Feb 28. U.S. gold futures were also down 0.1 percent at $1,320.70 an ounce.









DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

#464

Post by B0N3 » Wed Mar 27, 2019 6:26 pm

Asia Roundup:
Kiwi slumps after RBNZ flags rate cut, greenback at 2-week peak as U.S. Treasury yields rebound, investors eye ECB Draghi's speech –
Wednesday, March 27th, 2019







Market Roundup

New Zealand central bank flags rate cut as likely next move, kiwi tumbles

UK's weakened PM May still hoping to push her Brexit deal through

Brexit turmoil hits UK firms' hiring plans – REC

Trump Fed nominee Moore says central bank should cut rates -NYT

China's industrial profits shrink most since late 2011 as economy cools




Economic Data Ahead

(0345 ET/0745 GMT) France Mar Consumer Confidence, 96 f'cast, 95 prev

(0345 ET/0745 GMT) France Feb Producer Prices MM, 0.1% prev

(0500 ET/0900 GMT) Italy Mar Consumer Confidence, 112.0 f'cast, 112.4 prev

(0700 ET/1100 GMT) Great Britain Mar CBI Distributive Trades, 5 f'cast, 0 prev




Key Events Ahead

N/A ECB board member Sabine Lautenschlaeger and Austrian central bank chief Ewald Nowotny speak at a conference in Vienna

(0400 ET/0800 GMT) ECB President Mario Draghi speaks at a conference in Frankfurt, Germany

(0400 ET/0800 GMT) ECB President Mario Draghi, Vice President Luis De Guindos, Chief Economist Peter Praet, and board member Yves Mersch speak at a conference in Frankfurt

(0445 ET/0845 GMT) ECB Chief Economist Peter Praet participates in a debate at a conference in Fankfurt, Germany

(0445 ET/0845 GMT) Norway Central Bank Governor Oystein Olsen speaks in Banco de Mocambique in Maputo

(0530 ET/0930 GMT) ECB supervisor Pentti Hakkarainen speaks at an event organised by Sveriges Riksbank in Stockholm, Sweden

(0600 ET/1000 GMT) ECB Executive board member Sabine Lautenschlager participates in a panel discussion in Vienna, Austria

(0645 ET/1045 GMT) ECB Vice President Luis de Guindos participates in a debate at a conference in Frankfurt, Germany

(0930 ET/1330 GMT) ECB Executive board member Yves Mersch participates in a debate at a conference in Frankfurt, Germany

(1200 ET/1600 GMT) Federal Reserve issues annual benchmark revisions to its U.S industrial production and capacity use data from 1972 through March 2019

(1330 ET/1730 GMT) Governor of Bank of France Francois Villeroy de Galhau speaks in Geneva

(1900 ET/2300 GMT) Kansas Fed's Esther George speaks on the economic and monetary policy outlook in New York




FX Beat

DXY: The dollar index rallied to a 2-week peak, as the 10-year U.S. Treasuries yield rose as high as 2.432 percent from Monday's 15-month low of 2.377 percent. The greenback against a basket of currencies traded 0.1 percent up at 96.90, having touched a peak of 96.93, its highest since Mar. 13. FxWirePro's Hourly Dollar Strength Index stood at 94.17 (Slightly Bullish) by 0400 GMT.

EUR/USD: The euro plunged to a 2-week low after data released yesterday showed German consumer morale deteriorated unexpectedly heading into April, indicating that household spending could weaken in the second quarter of 2019. The European currency traded 0.1 percent down at 1.1256, having touched a low of 1.1250, its lowest since Mar. 12. FxWirePro's Hourly Euro Strength Index stood at -100.44 (Highly Bearish) by 0400 GMT. Investors’ attention will remain on a series of data from the Eurozone economies and ECB members’ speech, ahead of the U.S. trade balance, and current account figures. Immediate resistance is located at 1.1359 (Mar. 18 High), a break above targets 1.1408 (Mar. 1 High). On the downside, support is seen at 1.1221 (Mar. 11 Low), a break below could drag it till 1.1176 (Mar. 7 Low).

USD/JPY: The dollar edged lower against the Japanese yen, as U.S. home building declined more than expected in February as the construction of single-family homes eased to near a 2-year low, while consumer confidence ebbed in March. The major was trading 0.05 percent down at 110.55, having hit a low of 109.70 on Monday, its lowest since Feb. 8. FxWirePro's Hourly Yen Strength Index stood at 28.61 (Neutral) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. trade balance, and current account figures. Immediate resistance is located at 110.89 (Mar. 22 High), a break above targets 111.23 (Feb. 25 High). On the downside, support is seen at 110.29 (Mar. 21 Low), a break below could take it lower at 109.63 (Dec. 31 Low).

GBP/USD: Sterling eased, reversing previous session gains, as British companies scaled back sharply their hiring and investment plans amid the growing turmoil around Britain's exit from the European Union. The major traded 0.2 percent down at 1.3187, having hit a low of 1.3003 on Thursday; it’s lowest since Mar. 11. FxWirePro's Hourly Sterling Strength Index stood at 57.71 (Bullish) 0500 GMT. Investors’ will remain on UK parliamentary vote on Brexit, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3254 (Mar. 4 High), a break above could take it near 1.3311 (Mar. 19 High). On the downside, support is seen at 1.3146 (Mar. 20 Low), a break below targets 1.3068 (Mar. 7 Low). Against the euro, the pound was trading 0.1 percent down at 85.36 pence, having hit a low of 87.22 on Thursday, it’s lowest since Feb. 22.

AUD/USD: The Australian dollar plunged, amid increasing speculation the Reserve Bank of Australia will have to ease policy at some point. The RBA holds its April policy meeting next week and is likely to sound dovish in order to stop the Aussie dollar from rising. The major trades 0.4 percent down at 0.7103, having hit a high of 0.7168 on Thursday, it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at -66.69 (Bearish) by 0400 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7041 (Mar. 14 Low), a break below targets 0.7003 (Mar. 8 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar slumped to a near 4-week low, after the Reserve Bank of New Zealand kept the official cash rate at 1.75 percent, as expected, and stated the more likely direction of the next OCR move is down amid a gloomier global outlook. The Kiwi trades 1.6 percent down at 0.6798, having touched a low of 0.6795 earlier, its lowest level Mar. 8. FxWirePro's Hourly Kiwi Strength Index was at -68.29 (Highly Bullish) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6944 (Dec. 5 High), a break above could take it near 0.6969 (Dec. 4 High). On the downside, support is seen at 0.6768 (Mar. 5 Low), a break below could drag it below 0.6744 (Mar. 7 Low).




Equities Recap

Asian shares declined after China's industrial firms posted their worst slump in profits since late 2011 in the first two months of this year.

MSCI's broadest of Asia-Pacific shares outside Japan eased 0.1 percent.

Tokyo's Nikkei fell 0.4 percent to 21,340.93 points, Australia's S&P/ASX 200 index gained 0.1 percent to 6,136.00 points and South Korea's KOSPI declined 0.1 percent to 2,146.59 points.

Shanghai composite index rose 0.6 percent to 3,015.38 points, while CSI300 index traded 1.02 percent up at 3,738.92 points.

Hong Kong’s Hang Seng traded 0.6 percent higher at 28,740.41 points. Taiwan shares shed 0.2 percent to 10,542.70 points




Commodities Recap

Crude Oil prices surged, extending gains for the third straight session, however, gains were limited amid growing fears over the impact of a global economic slowdown on demand. International benchmark Brent crude was trading 0.2 percent up at $68.11 per barrel by 0418 GMT, having hit a high of $68.67 on Thursday, its highest since Nov. 13. U.S. West Texas Intermediate was trading 0.05 percent higher at $60.05 a barrel, after rising as high as $60.37 on Thursday, its highest since the Nov. 12.

Gold prices rose after falling the most in nearly two weeks in the previous session, as equity markets retreated on worries about a possible U.S. recession, while downbeat data added to concerns about the economy. Spot gold was 0.05 percent up at $1,315.68 per ounce by 0425 GMT, having touched a high of $1,324.40 on Monday, its highest since Feb 28. U.S. gold futures were up about 0.1 percent at $1,316.80 an ounce.








DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

#465

Post by B0N3 » Thu Mar 28, 2019 7:17 pm

Asia Roundup:
Aussie gains as job vacancies surge, greenback off-highs as U.S. Treasury yields decline, Asian shares tumble –
Thursday, March 28th, 2019







Market Roundup

China makes unprecedented proposals on tech, trade talks progress-U.S. officials

China's premier pledges more financial sector opening to foreign investors

May's offer to quit fails to break Britain's Brexit stalemate

Fed's George says wait-and-see approach needed for policy

Australia job vacancies rise 1.4 pct to fresh record in Feb qtr

New Zealand Mar NBNZ Business Outlook, -38.0, -30.9 prev

New Zealand Mar NBNZ Own Activity, 6.3, 10.5 prev



Economic Data Ahead

(0500 ET/0900 GMT) EZ Feb Money-M3 Annual Growth, 3.9% f'cast, 3.8% prev

(0600 ET/1000 GMT) EZ Mar Business Climate, 0.66 f'cast, 0.69 prev

(0600 ET/1000 GMT) EZ Mar Economic Sentiment, 105.9 f'cast, 106.1 prev

(0600 ET/1000 GMT) EZ Mar Industrial Sentiment, -0.8 f'cast, -0.4 prev

(0600 ET/1000 GMT) EZ Mar Services Sentiment, 12.0 f'cast, 12.1 prev

(0600 ET/1000 GMT) EZ Mar Consumer Confid. Final, -7.2 f'cast, -7.2 prev

(0900 ET/1300 GMT) Germany Mar CPI Prelim YY, 1.6% f'cast, 1.5% prev

(0900 ET/1300 GMT) Germany Mar HICP Prelim YY, 1.6% f'cast, 1.7% prev



Key Events Ahead

N/A IMF chief Christine Lagarde, Federal Reserve Vice Chair Richard H. Clarida and Banque de France Governor François Villeroy de Galhau speak at a conference in Paris.

(0410 ET/0810 GMT) ECB Vice President Luis de Guindos speaks at the joint conference of the ECB and the Journal of Money, Credit and Banking in Frankfurt

(0600 ET/1000 GMT) ECB Governing Council member and OeNB governor Ewald Nowotny address a news conference in Vienna

(0715 ET/1115 GMT) Federal Reserve Vice Chair Randal Quarles speaks at the Joint Conference of the ECB and the Journal of Money, Credit and Banking in Frankfurt

(0800 ET/1200 GMT) ECB policymaker and Bank of France Governor Francois Villeroy speaks at a conference at the French central bank in Paris

(0930 ET/1330 GMT) Federal Reserve Vice Chair Richard Clarida participates in a panel discussion at the Banque de France and European Money and Finance Forum Colloquium in Paris

(1000 ET/1400 GMT) Federal Reserve Governor Michelle Bowman speaks in a telephone town hall in Deming, New Mexico

(1130 ET/1530 GMT) Federal Reserve Bank of Atlanta President Raphael Bostic participates in a panel in Atlanta

(1315 ET/1715 GMT) Federal Reserve Bank of New York President John Williams participates in moderated discussion on the economy and answers questions in San Juan, Puerto Rico

(1515 ET/1915 GMT) Reserve Bank of New Zealand Governor Adrian Orr speaks on the future of New Zealand's monetary policy framework in Wellington

(1800 ET/2200 GMT) Federal Reserve Bank of St. Louis President James Bullard speaks on the U.S. economy and monetary policy in Madison, Wisconsin.



FX Beat

DXY: The dollar index declined after rising to a 2-week peak, as the U.S. Treasury yields plunged. The greenback against a basket of currencies traded 0.1 percent down at 96.84, having touched a peak of 96.98, its highest since Mar. 13. FxWirePro's Hourly Dollar Strength Index stood at 69.54 (Bullish) by 0400 GMT.

EUR/USD: The euro rebounded from a 2-week low recorded in the previous session, as the greenback retreated from recent peaks after the 10-year U.S. Treasury note yield slipped to 2.342 percent, its lowest since December 2017 on worries about a global recession. The European currency traded 0.1 percent up at 1.1254, having touched a low of 1.1242 on Wednesday, its lowest since Mar. 12. FxWirePro's Hourly Euro Strength Index stood at -96.85 (Slightly Bearish) by 0400 GMT. Investors’ attention will remain on the Eurozone economic sentiment indicator, ahead of the U.S. unemployment benefit claims, gross domestic product, personal consumption expenditure, pending home sales and Fed officials' speech. Immediate resistance is located at 1.1285 (Mar. 28 High), a break above targets 1.1359 (Mar. 18 High). On the downside, support is seen at 1.1221 (Mar. 11 Low), a break below could drag it till 1.1176 (Mar. 7 Low).

USD/JPY: The dollar plunged, extending losses for the second straight session after Kansas City Federal Reserve Bank President Esther George stated that the U.S. economy faces notable risks and the central bank can take a wait-and-see approach to monetary policy. The major was trading 0.3 percent down at 110.14, having hit a low of 109.70 on Monday, its lowest since Feb. 8. FxWirePro's Hourly Yen Strength Index stood at 81.39 (Slightly Bullish) by 0400 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. unemployment benefit claims, gross domestic product, personal consumption expenditure, pending home sales and Fed officials' speech. Immediate resistance is located at 110.89 (Mar. 22 High), a break above targets 111.23 (Feb. 25 High). On the downside, support is seen at 109.91 (Mar. 26 Low), a break below could take it lower at 109.55 (Feb. 6 Low).

GBP/USD: Sterling rebounded after falling to a near 1-week low on news that Northern Ireland's DUP party, which props up May's government, said it would not support her Brexit withdrawal deal. The major traded 0.1 percent up at 1.3196, having hit a high of 1.3269 on Wednesday; it’s highest since Mar. 20. FxWirePro's Hourly Sterling Strength Index stood at 46.02 (Neutral) 0400 GMT. Immediate resistance is located at 1.3254 (Mar. 4 High), a break above could take it near 1.3311 (Mar. 19 High). On the downside, support is seen at 1.3123 (Mar. 6 Low), a break below targets 1.3068 (Mar. 7 Low). Against the euro, the pound was trading 0.1 percent down at 85.29 pence, having hit a high of 84.83 Wednesday, it’s highest since Mar. 13.

AUD/USD: The Australian dollar rose, after data showed job vacancies in Australia rose to a fresh all-time peak in the three months ended February, supporting RBA's optimism that continued jobs growth will lift the economy out of a soft spot. The major trades 0.4 percent up at 0.7101, having hit a high of 0.7168 last week, it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at -34.96 (Neutral) by 0400 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7041 (Mar. 14 Low), a break below targets 0.7003 (Mar. 8 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar bounced back from a 20-day low after the Reserve Bank of New Zealand explicitly cited all the easing moves by other central banks as a reason for its turnaround since they had put unwanted upward pressure on the local dollar. The Kiwi trades 0.4 percent up at 0.6825, having touched a low of 0.6780 earlier, its lowest level Mar. 8. FxWirePro's Hourly Kiwi Strength Index was at -108.50 (Highly Bearish) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6853 (Feb. 22 High), a break above could take it near 0.6944 (Dec. 5 High). On the downside, support is seen at 0.6768 (Mar. 5 Low), a break below could drag it below 0.6744 (Mar. 7 Low).



Equities Recap

Asian shares slumped as global recession concerns sent investors seeking safety in safe-haven assets.

MSCI's broadest of Asia-Pacific shares outside Japan eased 0.3 percent.

Tokyo's Nikkei plunged 1.6 percent to 21,033.76 points, Australia's S&P/ASX 200 index gained 0.7 percent to 6,176.10 points and South Korea's KOSPI declined 0.8 percent to 2,129.51 points.

Shanghai composite index fell 0.6 percent to 3,004.77 points, while CSI300 index traded 0.1 percent down at 3,738.64 points.

Hong Kong’s Hang Seng traded 0.2 percent higher at 28,783.08 points. Taiwan shares shed 0.05 percent to 10,536.26 points.




Commodities Recap

Crude Oil prices declined, extending previous session losses after widely watched data showed a surprising increase in U.S. stocks. International benchmark Brent crude was trading 0.2 percent down at $67.67 per barrel by 0442 GMT, having hit a high of $68.33 on Wednesday, its highest since Mar. 21. U.S. West Texas Intermediate was trading 0.3 percent lower at $59.19 a barrel, after rising as high as $60.37 last week, its highest since the Nov. 12.

Gold prices surged as an inversion in the U.S. Treasury yield curve stoked fears of an economic slowdown. Spot gold was 0.2 percent higher at $1,310.73 per ounce, having touched a high of $1,324.40 on Monday, its highest since Feb 28. U.S. gold futures were down 0.1 percent at $1,308.50 an ounce.










DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

#466

Post by B0N3 » Fri Mar 29, 2019 6:57 pm

Asia Roundup:
Kiwi steadies on RBNZ Adrian's comments, dollar gains against yen as U.S., China resume trade talks, Asian shares advance –
Friday, March 29th, 2019







Market Roundup

U.S., China resume trade talks in Beijing after 'productive working dinner'

UK PM May plans watered-down Brexit vote to secure departure delay

UK consumers hold their nerve in Brexit storm: GfK

New Zealand central bank governor says markets understand its focus

Japan Feb Industrial Output Prelim MM SA, 1.4%, 1.0% f'cast, -3.4% prev

Japan Feb Retail Sales YY, 0.4%, 1.2% f'cast, 0.6% prev

U.S. muni bond funds post $1.5 bln in inflows-Lipper

NY Investors pull US$1.36bn from loan funds – Lipper

Foreign CB US debt holdings -$9.287 bln to $3.470 tln Mar 27 week

Treasuries -$10.848 bln to $3.071 tln, agencies +$614 mln to $325.925 bln




Economic Data Ahead

(0300 ET/0700 GMT) Germany Feb Import Prices YY, 1.8% f'cast, 0.8% prev

(0300 ET/0700 GMT) Germany Feb Retail Sales YY Real, 2.8% f'cast, 2.6% prev

(0300 ET/0700 GMT) Great Britain Mar Nationwide house price yy, 0.6% f'cast, 0.4% prev

(0345 ET/0745 GMT) France Mar CPI (EU Norm) Prelim YY, 1.4% f'cast, 1.6% prev

(0455 ET/0855 GMT) Germany Mar Unemployment Chg SA, -10k f'cast, -21k prev

(0455 ET/0855 GMT) Germany Mar Unemployment Rate SA, 4.9% f'cast, 5.0% prev

(0530 ET/0930 GMT) Great Britain Q4 GDP QQ 0.2% f'cast, 0.2% prev

(0530 ET/0930 GMT) Great Britain Q4 GDP QQ 1.3% f'cast, 1.3% prev




Key Events Ahead

N/A Bank of Italy Governor presents his “Final Considerations” on the occasion of the presentation of 2018 annual report in Rome.

(0545 ET/0945 GMT) ECB board member Benoit Coeure participates in a panel discussion in Paris, France.

(0925 ET/1325 GMT) Federal Reserve Bank of New York President John Williams speaks in St. Thomas, Virgin Islands.

(0930 ET/1330 GMT) Norwegian Finance Minister Siv Jensen speaks at a seminar in Oslo organised by World Economic Forum.

(1030 ET/1430 GMT) Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated Q&A session in New York.

(1205 ET/1605 GMT) Federal Reserve Vice Chair Randal Quarles speaks at the Manhattan Institute's Shadow Open Market Committee's Spring 2019 Meeting in New York




FX Beat

DXY: The dollar index held firm near a 3-week peak, as the 10-year U.S. bond yield edged up to 2.403 percent from a 15-month low of 2.352 percent touched on Thursday. The greenback against a basket of currencies traded flat at 97.17, having touched a peak of 97.30 the day before, its highest since Mar. 11. FxWirePro's Hourly Dollar Strength Index stood at 89.47 (Slightly Bullish) by 0500 GMT.

EUR/USD: The euro rebounded after falling to a 3-week low in the previous session in the wake of sliding yields and fears of a prolonged economic slowdown hitting the eurozone. However, the upside in the major appears limited amid speculation the European Central Bank will introduce a tiered deposit rate, providing a sign that policymakers plan to keep interest rates low for longer. The European currency traded 0.2 percent up at 1.1234, having touched a low of 1.1213 on Thursday, its lowest since Mar. 8. FxWirePro's Hourly Euro Strength Index stood at -42.22 (Neutral) by 0500 GMT. Investors’ attention will remain on a series of data from the Eurozone economies, including German retail sales and unemployment rate, ahead of the U.S. personal consumption expenditures, new home sales and Fed officials' speech. Immediate resistance is located at 1.1285 (Mar. 28 High), a break above targets 1.1359 (Mar. 18 High). On the downside, support is seen at 1.1200, a break below could drag it till 1.1176 (Mar. 7 Low).

USD/JPY: The dollar rallied to a 1-week peak after data released yesterday showed U.S. gross domestic product increased at a 2.2 percent annualised rate. Moreover, news that U.S.-China resumed trade talks in Beijing aimed at resolving the trade dispute between both the economies boosted investor sentiment. The major was trading 0.1 percent up at 110.78, having hit a high of 110.93 earlier, its highest since Mar. 21. FxWirePro's Hourly Yen Strength Index stood at -16.37 (Neutral) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. personal consumption expenditures, new home sales and Fed officials' speech. Immediate resistance is located at 111.23 (Feb. 25 High), a break above targets 111.46 (Mar. 12 High). On the downside, support is seen at 109.91 (Mar. 26 Low), a break below could take it lower at 109.55 (Feb. 6 Low).

GBP/USD: Sterling rose after declining to a 1-week low in the previous session on fading prospects for a swift agreement on Brexit as the British parliament failed to agree on a way forward. The major traded 0.2 percent up at 1.3066, having hit a low of 1.3034 on Thursday; it’s lowest since Mar. 21. FxWirePro's Hourly Sterling Strength Index stood at -20.40 (Neutral) 0500 GMT. Immediate resistance is located at 1.3109 (Feb. 20 High), a break above could take it near 1.3160 (Jan. 31 High). On the downside, support is seen at 1.3003 (Mar. 21 Low), a break below targets 1.2960 (Mar. 11 Low). Against the euro, the pound was trading 0.1 percent up at 85.96 pence, having hit a high of 84.83 Wednesday, it’s highest since Mar. 13.

AUD/USD: The Australian dollar surged, despite speculation the Reserve Bank of Australia would have to ease policy this year, if only to stop its currency from appreciating. The major trades 0.3 percent up at 0.7096, having hit a high of 0.7168 last week, it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at 33.08 (Neutral) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7041 (Mar. 14 Low), a break below targets 0.7003 (Mar. 8 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar steadied after Reserve Bank of New Zealand Governor Adrian Orr stated that investors reaction to the central bank's unexpected shift to an easing bias this week showed that they understood what policymakers were focused on. The Kiwi trades 0.3 percent up at 0.6798, having touched a low of 0.6773 earlier, its lowest level Mar. 8. FxWirePro's Hourly Kiwi Strength Index was at -75.60 (Slightly Bearish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6853 (Feb. 22 High), a break above could take it near 0.6944 (Dec. 5 High). On the downside, support is seen at 0.6768 (Mar. 5 Low), a break below could drag it below 0.6744 (Mar. 7 Low).




Equities Recap

Asian shares climbed on hopes that Washington and Beijing are making progress in trade talks.

MSCI's broadest of Asia-Pacific shares outside Japan advanced 0.5 percent.

Tokyo's Nikkei rallied 0.8 percent to 21,205.81 points, Australia's S&P/ASX 200 index gained 0.1 percent to 6,180.70 points and South Korea's KOSPI rose 0.6 percent to 2,140.41 points.

Shanghai composite index surged 3.1 percent to 3,087.80 points, while CSI300 index traded 3.8 percent up at 3,869.86 points.

Hong Kong’s Hang Seng traded 0.9 percent higher at 29,051.44 points. Taiwan shares added 0.9 percent to 10,641.04 points




Commodities Recap

Crude Oil prices declined, despite ongoing supply cuts led by producer cartel OPEC and U.S. sanctions against Iran and Venezuela. International benchmark Brent crude was trading 0.9 percent down at $67.39 per barrel by 0525 GMT, having hit a high of $68.33 on Wednesday, its highest since Mar. 21. U.S. West Texas Intermediate was trading 0.2 percent higher at $59.60 a barrel, after rising as high as $60.37 last week, its highest since the Nov. 12.

Gold prices plunged to a 3-week low and were on track for its first weekly decline in four weeks after posting its steepest fall in more than seven months in the prior session on a strong greenback. Spot gold eased 0.1 percent to $1,289.50 per ounce by 0528 GMT, having touched a low of $1,288.31, its lowest since March 8 and is down about 1.6 percent so far this week. U.S. gold futures were flat at $1,290 an ounce.









DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

#467

Post by B0N3 » Tue Apr 02, 2019 6:11 pm

Asia Roundup:
Aussie slumps on RBA's policy stance, greenback at 3-week peak as U.S. Treasury yields rebound, Asian shares rally as concerns over global economy ebb – Tuesday, April 2nd, 2019







Market Roundup

Brexit deadlocked again: British parliament fails to find an alternative

Outlook for UK business darkens fast ahead of Brexit, BCC warns

Japan Inc's inflation expectations stagnate in blow to BOJ

Australia's central bank sets measured tone on rates before budget

Australia government set to offer surplus, tax cuts in pre-poll budget

Australia Feb Building Approvals, 19.1%, -1.0% f'cast, 2.5% prev, 2.3% rvsd

New Zealand Q1 business confidence falls, boosts rate cut expectations



Economic Data Ahead

(0430 ET/0830 GMT) Great Britain Mar Markit/CIPS Cons PMI, 49.8 f'cast, 49.5 prev

(0500 ET/0900 GMT) EZ Feb Producer Prices MM, 0.1% f'cast, 0.4% prev

(0500 ET/0900 GMT) EZ Feb Producer Prices YY, 3.1% f'cast, 3.0% prev



Key Events Ahead

(0300 ET/0700 GMT) ECB's Praet speaks at the 6th international conference at Goethe University in Frankfurt am Main, Germany

(0330 ET/0730 GMT) Bank of France Governor Francois Villeroy de Galhau will present annual letter in Paris

(0730 ET/2130 GMT Fed's Kaplan speaks after Fed policymakers sharply downgraded their forecasts for interest rates this year and next, Toronto



FX Beat

DXY: The dollar index rallied to a 3-week peak, as the 10-year Treasury yield surged, pulling back from a 15-month low of 2.34 percent recorded last week. The greenback against a basket of currencies traded flat at 97.32, having touched a peak of 97.39, its highest since Mar. 11. FxWirePro's Hourly Dollar Strength Index stood at 98.98 (Slightly Bullish) by 0500 GMT.

EUR/USD: The euro plunged to a 3-1/2 week low after Italian Economy Minister Giovanni Tria said the government will set a new 2019 budget deficit target below the 2.5 percent of gross domestic product predicted by the Organisation for Economic Cooperation and Development. The European currency traded 0.1 percent down at 1.1202, having touched a low of 1.1195, its lowest since Mar. 8. FxWirePro's Hourly Euro Strength Index stood at -1.28 (Neutral) by 0500 GMT. Investors’ attention will remain on the Eurozone producer price index, and ECB Praet's speech, ahead of the U.S. durable goods and total vehicle sales. Immediate resistance is located at 1.1246 (Mar. 29 High), a break above targets 1.1285 (Mar. 28 High). On the downside, support is seen at 1.1176 (Mar. 7 Low)., a break below could drag it till 1.1155.

USD/JPY: The dollar rallied to a near 2-week peak after data showed the Institute for Supply Management (ISM) index of national factory activity rose to 55.3 in March from 54.2 in February. The major was trading 0.05 percent up at 111.39, having hit a high of 111.45 earlier, its highest since Mar. 20. FxWirePro's Hourly Yen Strength Index stood at -66.56 (Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. durable goods and total vehicle sales. Immediate resistance is located at 111.62 (Mar. 18 High), a break above targets 111.92 (Mar. 6 High). On the downside, support is seen at 111.06 (Mar. 13 Low), a break below could take it lower at 110.74 (Mar. 8 Low).

GBP/USD: Sterling plunged below the1.3100 handle, after the British parliament on Monday failed to agree on any alternative to Prime Minister Theresa May's withdrawal deal from the European Union. The major traded 0.2 percent down at 1.3074, having hit a low of 1.2976 on Thursday; it’s lowest since Mar. 11. FxWirePro's Hourly Sterling Strength Index stood at 14.96 (Neutral) 0500 GMT. Investors’ attention will remain on the UK Markit construction PMI, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3160 (Jan. 31 High), a break above could take it near 1.3198 (Mar. 5 High). On the downside, support is seen at 1.2976 (Mar. 29 Low), a break below targets 1.2924 (Feb. 5 Low). Against the euro, the pound was trading 0.2 percent down at 85.72 pence, having hit a high of 84.83 last week, it’s highest since Mar. 13.

AUD/USD: The Australian dollar declined, extending previous session losses after the Reserve Bank Australia struck a cautious note in keeping the official cash rate at a record low of 1.5 percent at today's April board meeting. The Aussie trades 0.4 percent down at 0.7084, having hit a high of 0.7168 last week, it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at -45.63 (Neutral) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7041 (Mar. 14 Low), a break below targets 0.7003 (Mar. 8 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar slumped to a 3-1/2 week low after data showed domestic business confidence fell in the first quarter, indicating softer growth in the first half of the year and consolidating expectations of an interest rate cut. The Kiwi trades 0.3 percent down at 0.6780, having touched a low of 0.6771, its lowest level Mar. 8. FxWirePro's Hourly Kiwi Strength Index was at -129.73 (Highly Bearish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6827 (Mar. 5 High), a break above could take it near 0.6874 (Mar. 18 High). On the downside, support is seen at 0.6752 (Mar. 6 Low), a break below could drag it below 0.6719 (Feb. 12 Low).




Equities Recap

Asian shares rallied after a survey showed factory activity in China unexpectedly grew for the first time in four months in March, ebbing concerns over the global economy.

MSCI's broadest of Asia-Pacific shares outside Japan advanced 0.2 percent.

Tokyo's Nikkei declined 0.05 percent to 21,505.31 points, Australia's S&P/ASX 200 index gained 0.4 percent to 6,242.40 points and South Korea's KOSPI rose 0.4 percent to 2,176.94 points.

Shanghai composite index surged 0.3 percent to 3,180.98 points, while CSI300 index traded 0.1 percent down at 3,973.35 points.

Hong Kong’s Hang Seng traded 0.1 percent higher at 29,589.33 points. Taiwan shares added 0.5 percent to 10,690.30 points.




Commodities Recap

Crude Oil prices surged to fresh 2019 highs, supported by firm Chinese economic data that eased demand concerns, the possibility of more sanctions on Iran and further Venezuelan supply disruptions. International benchmark Brent crude was trading flat at $69.12 per barrel by 0433 GMT, having hit a high of $69.47, its highest since Nov. 13. U.S. West Texas Intermediate was trading flat at $61.73 a barrel, after rising as high as $62.01, its highest since the Nov. 8.

Gold prices eased to a more than 3-week low as waning global economic slowdown concerns boosted the dollar and global markets. Spot gold was 0.2 percent down at $1,285.51 per ounce by 0444 GMT, having touched a low of $1,285.44, its lowest since March 8. U.S. gold futures were down about 0.2 percent at $1,291.30 an ounce.









DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

#468

Post by B0N3 » Thu Apr 04, 2019 6:07 pm

Asia Roundup:
Antipodeans gain on U.S.-China trade talk optimism, dollar eases against yen as U.S. service PMI plunges 19-month trough, Asian shares steady at 8 - month peak – Thursday, April 4th, 2019







Market Roundup

Trump will meet with Chinese vice premier on Thursday -White House

Brexit delay law approved by UK's House of Commons

Labour's Corbyn says Theresa May has not moved enough on Brexit

Japan policymakers shun 'Modern Monetary Theory' as dangerous



Economic Data Ahead

No major economic data releases



Key Events Ahead

(0730 ET/1130 GMT) ECB publishes its account of the latest monetary policy meeting of the Governing Council, held on March 6-7

(0900 ET/1300 GMT) Federal Reserve Bank of New York releases text of the welcome remarks of President John Williams delivered before the Community Bankers Conference

(1300 ET/1700 GMT) Fed's Harker speaks before the Monetary Policy Outlook hosted by the Philadelphia Council for Business Economics, Philadelphia

(1300 ET/1700 GMT) Fed's Mester speaks before an Ohio Bankers Day event hosted by the Ohio Department of Commerce



FX Beat

DXY: The dollar index plunged as weaker than expected U.S. economic data published yesterday stoked worries about a sharp slowdown in economic growth in the first quarter. The greenback against a basket of currencies traded 0.05 percent down at 97.07, having touched a peak of 97.52 on Tuesday, its highest since Mar. 8. FxWirePro's Hourly Dollar Strength Index stood at 28.70 (Neutral) by 0500 GMT.

EUR/USD: The euro rose, extending previous session gains, as the greenback eased after data showed U.S. services sector activity hit a more than 19-month low in March. The European currency traded 0.1 percent up at 1.1240, having touched a low of 1.1183 on Tuesday, its lowest since Mar. 7. FxWirePro's Hourly Euro Strength Index stood at 57.31 (Bullish) by 0500 GMT. Investors’ attention will remain on ECB monetary policy meeting accounts, ahead of the U.S. unemployment benefit claims and Fed official's speech. Immediate resistance is located at 1.1285 (Mar. 28 High), a break above targets 1.1331 (Mar. 25 High). On the downside, support is seen at 1.1176 (Mar. 7 Low)., a break below could drag it till 1.1155.

USD/JPY: The dollar declined from a 2-week peak hit in the prior session, after data showed U.S. services sector activity slumped to a more than 19-month low in March and private payrolls grew less than expected, highlighting a loss of momentum in the economy that supports the Federal Reserve's move to delay interest rate hikes this year. The major was trading 0.1 percent down at 111.41, having hit a high of 111.57 the day before, its highest since Mar. 20. FxWirePro's Hourly Yen Strength Index stood at -61.99 (Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. unemployment benefit claims and Fed official's speech. Immediate resistance is located at 111.69 (Mar. 20 High), a break above targets 111.92 (Mar. 6 High). On the downside, support is seen at 111.06 (Mar. 13 Low), a break below could take it lower at 110.74 (Mar. 8 Low).

GBP/USD: Sterling rallied, extending gains for the fourth straight session, as Prime Minister Theresa May sought a Brexit compromise with opposition leader Jeremy Corbyn to end a national crisis. The major traded 0.2 percent up at 1.3171, having hit a high of 1.3196 on Wednesday; it’s highest since Mar. 28. FxWirePro's Hourly Sterling Strength Index stood at 107.55 (Highly Bullish) 0500 GMT. Investors’ attention will remain on the U.S. fundamental drivers, amid a lack of data from the U.S. docket. Immediate resistance is located at 1.3227 (Mar. 21 High), a break above could take it near 1.3269 (Mar. 27 High). On the downside, support is seen at 1.3080 (Mar. 22 Low), a break below targets 1.3003 (Mar. 21 Low). Against the euro, the pound was trading 0.05 percent down at 85.33 pence, having hit a high of 85.02 on Wednesday, it’s highest since Mar. 27.

AUD/USD: The Australian dollar surged as investors’ awaited progress on the ongoing U.S.-China trade negotiations after reports showed that both sides were nearing a deal. The Aussie trades 0.1 percent up at 0.7116, having hit a low of 0.7052 on Tuesday, it’s lowest since Mar. 14. FxWirePro's Hourly Aussie Strength Index stood at -24.13 (Neutral) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7078 (Mar. 18 Low), a break below targets 0.7041 (Mar. 14 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar advanced as a solid survey on the Chinese service sector helped counter global growth fears and boosted risk assets broadly. The Kiwi trades 0.1 percent up at 0.6785, having touched a low of 0.6738 on Tuesday, its lowest level Feb. 13. FxWirePro's Hourly Kiwi Strength Index was at -129.96 (Highly Bearish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6827 (Mar. 5 High), a break above could take it near 0.6874 (Mar. 18 High). On the downside, support is seen at 0.6719 (Feb. 12 Low), a break below could drag it below 0.6691 (Dec. 31 Low).



Equities Recap

Asian shares held gains near an 8-month peak as investors awaited developments on U.S.-China trade talks.

MSCI's broadest of Asia-Pacific shares outside Japan consolidated.

Tokyo's Nikkei rose 0.05 percent to 21,724.95 points, Australia's S&P/ASX 200 index fell 0.8 percent to 6,232.80 points and South Korea's KOSPI rallied 0.2 percent to 2,206.77 points.

Shanghai composite index surged 1.05 percent to 3,249.79 points, while CSI300 index traded 1.1 percent up at 4,066.66 points.

Hong Kong’s Hang Seng traded 0.4 percent lower at 29,860.81 points. Taiwan shares added 0.1 percent to 10,704.38 points




Commodities Recap

Crude Oil prices declined, after rising to 2019 highs in the previous session as a surprise build in U.S. inventories dented investor sentiment. International benchmark Brent crude was trading 0.3 percent down at $69.25 per barrel by 0438 GMT, having hit a high of $69.94 on Monday, its highest since Nov. 12. U.S. West Texas Intermediate was trading 0.2 percent down at $62.34 a barrel, after rising as high as $62.96 on Wednesday, its highest since the Nov. 7.

Gold prices rose, reversing some of the previous session losses, as investors remained cautious amid ongoing U.S.-China trade negotiations. Spot gold rose 0.4 percent to $1,292.56 per ounce by 0509 GMT, having touched a low of $1,285.17 on Tuesday, its lowest since March 8. U.S. gold futures firmed 0.1 percent at $1,296.90 an ounce.









DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

#469

Post by B0N3 » Fri Apr 05, 2019 6:30 pm

Asia Roundup:
Antipodeans gain amid U.S.-China trade resolution hopes, dollar rallies against yen as investors eye U.S. non-farm payroll, Asian shares consolidate amid holiday-thinned trading - Friday, April 5th, 2019







Market Roundup

Trump says U.S-China trade deal may be reached in four weeks

Trump picks former presidential candidate Cain for Fed board

As Trump eyed Cain for Fed, Cain raised money for Trump

Soft Japanese consumer, wages data casts doubt over household sector

Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC'

POLL-ECB rate hike timing pushed further back again

U.S. muni bond funds post $713.6 mln in inflows-Lipper

Japan Mar Foreign Reserves, 1,291.8 bln, 1,281.8 bln



Economic Data Ahead

(0330 ET/0730 GMT) Great Britain Mar Halifax House Prices MM, -2.4% f'cast, 5.9% prev

(0330 ET/0730 GMT) Great Britain Mar HalifaxHousePrice 3M/YY, 2.3% f'cast, 2.8% prev



Key Events Ahead

(1500 ET/1900 GMT) Federal Reserve issues Consumer Installment Credit for February in Washington

(1530 ET/1930 GMT) Atlanta Fed President Raphael Bostic to deliver a lecture followed by discussion on “Disruption and Opportunity: Shaping Policy in a Digital World” at an event hosted by the Andrew Young School of Policy Studies and the Fiscal Research Center at Georgia State University, in Atlanta, Ga.



FX Beat

DXY: The dollar index slightly eased despite strong U.S. economic data and broad improvement in risk appetite, with investors now await the U.S. jobs numbers for more signals on the strength of the economy. The greenback against a basket of currencies traded 0.1 percent down at 97.21, having touched a peak of 97.52 on Tuesday, its highest since Mar. 8. FxWirePro's Hourly Dollar Strength Index stood at 9.58 (Neutral) by 0500 GMT.

EUR/USD: The euro rose, reversing some of its previous session losses, despite a Reuters poll showed the European Central Bank will delay any interest rate hikes further into next year than previously expected as eurozone economic growth and inflation prospects dimmed. The European currency traded 0.1 percent up at 1.1226, having touched a low of 1.1183 on Tuesday, its lowest since Mar. 7. FxWirePro's Hourly Euro Strength Index stood at 101.27 (Highly Bullish) by 0500 GMT. Investors’ attention will remain on a series of data from the Eurozone economies, ahead of the U.S. nonfarm payrolls, unemployment rate, and consumer credit change. Immediate resistance is located at 1.1285 (Mar. 28 High), a break above targets 1.1331 (Mar. 25 High). On the downside, support is seen at 1.1176 (Mar. 7 Low)., a break below could drag it till 1.1155.

USD/JPY: The dollar rallied to a 3-week peak, amid growing expectations that a protracted trade dispute between the United States and China would be resolved soon. The major was trading 0.05 percent down at 111.67, having hit a high of 111.80, its highest since Mar. 15. FxWirePro's Hourly Yen Strength Index stood at -116.36 (Highly Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. nonfarm payrolls, unemployment rate, and consumer credit change. Immediate resistance is located at 111.92 (Mar. 6 High), a break above targets 112.13 (Mar. 5 High). On the downside, support is seen at 111.06 (Mar. 13 Low), a break below could take it lower at 110.74 (Mar. 8 Low).

GBP/USD: Sterling rebounded after falling below the 1.3100 handle in the previous session, on news that Britain could ask the European Union for a long Brexit delay next week if crisis talks between Prime Minister Theresa May's government and the opposition Labour Party fail to find a solution over the departure from the EU. The major traded 0.4 percent up at 1.3115, having hit a high of 1.3196 on Wednesday; it’s highest since Mar. 28. FxWirePro's Hourly Sterling Strength Index stood at 30.84 (Neutral) 0500 GMT. Investors’ attention will remain on the UK Halifax House prices, ahead of U.S. fundamental drivers. Immediate resistance is located at 1.3149 (Apr. 1 High), a break above could take it near 1.3227 (Mar. 21 High). On the downside, support is seen at 1.3034 (Mar. 28 Low), a break below targets 1.3003 (Mar. 21 Low). Against the euro, the pound was trading 0.2 percent up at 85.60 pence, having hit a high of 85.02 on Wednesday, it’s highest since Mar. 27.

AUD/USD: The Australian dollar surged, as signs of progress in the U.S.-China trade dispute lifted risk assets and commodity prices. The Aussie trades 0.2 percent up at 0.7124, having hit a low of 0.7052 on Tuesday, it’s lowest since Mar. 14. FxWirePro's Hourly Aussie Strength Index stood at 131.73 (Highly Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7078 (Mar. 18 Low), a break below targets 0.7041 (Mar. 14 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar gained, as signs of progress in the U.S.-China trade dispute boosted risk appetite. The Kiwi trades 0.2 percent up at 0.6762, having touched a low of 0.6738 on Tuesday, its lowest level Feb. 13. FxWirePro's Hourly Kiwi Strength Index was at -98.24 (Slightly Bearish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6827 (Mar. 5 High), a break above could take it near 0.6874 (Mar. 18 High). On the downside, support is seen at 0.6719 (Feb. 12 Low), a break below could drag it below 0.6691 (Dec. 31 Low).



Equities Recap

Asian shares consolidated within narrow ranges amid holiday-thinned trading, while U.S.-China talks produced a lot of headlines but no conclusions.

MSCI's broadest of Asia-Pacific shares outside Japan eased0.1 percent.

Tokyo's Nikkei rose 0.4 percent to 21,807.50 points, Australia's S&P/ASX 200 index fell 0.8 percent to 6,181.30 points and South Korea's KOSPI rallied 0.2 percent to 2,209.87 points.



Commodities Recap

Crude Oil prices declined after briefly rising above the $70 level in the previous session, weighed down by supply concerns and worries about progress in U.S.-China trade talks. International benchmark Brent crude was trading 0.05 percent down at $69.22 per barrel by 0440 GMT, having hit a high of $70.00 on Thursday, its highest since Nov. 12. U.S. West Texas Intermediate was trading 0.1 percent down at $62.06 a barrel, after rising as high as $62.96 on Wednesday, its highest since the Nov. 7.

Gold prices plunged, but were trading above the 10-week low touched in the previous session, as the dollar surged against the yen on signs of progress in the U.S.-China trade dispute and strong U.S. economic data. Spot gold declined 0.2 percent to $1,289.27 per ounce by 0448 GMT, having touched a low of $1,280.80 on Thursday, its lowest since March 7 and was down about 0.3 percent so far this week.









DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



User avatar

Topic author
B0N3
Senior Member
Senior Member
Posts: 3135
Joined: Wed May 13, 2015 9:41 am
Status: Offline
Malaysia

#470

Post by B0N3 » Mon Apr 08, 2019 5:50 pm

Asia Roundup:
Aussie eases as job ads decline further, greenback tumbles as U.S. Treasury yields plunge, Asian shares at 7-month peak –
Monday, April 8th, 2019







Market Roundup

Compromise? Time ticking down for Britain to come to Brexit agreement

Cain, Moore nominations for Federal Reserve seats on track -Kudlow

U.S. Homeland Security Secretary Nielsen resigns amid Trump anger over border

As latest round of U.S.-China talks end, 'significant work' remains

China moves to boost individuals' gov't bond purchases

China's March forex reserves rise to 7-month high

China to step up bank reserve ratio cuts to help small firms

BOJ's Kuroda sticks to view Japan's economy expanding moderately

Australia job ads slip further in March – survey

Italy to hike 2020 deficit goal to around 2.1 percent -sources



Economic Data Ahead

(0430 ET/0830 GMT) EZ Apr Sentix Index, -2.1 f'cast, -2.2 prev



Key Events Ahead

N/A French Finance Minister Bruno Le Maire opens a conference in Paris on competition policy

(0330 ET/0730 GMT) ECB's Nowotny speaks at a conference on European enlargement and integration featuring speakers from the Polish, Romanian and Croatian central banks, Vienna

(0845 ET/1245 GMT) ECB's Andrea Enria chairing panel at a Banque de France conference in Paris, France

(1000 ET/1400 GMT) Federal Reserve board holds an open meeting, Washington

(1200 ET/1600 GMT) Bank of France Governor Francois Villeroy de Galhau speaks at a competition conference at the French central bank



FX Beat

DXY: The dollar index slightly eased as the 10-year U.S. Treasury note stretched Friday's fall, pulling further back from a 2-week high recorded late last week. The greenback against a basket of currencies traded 0.1 percent down at 97.28, having touched a peak of 97.52 on Tuesday, its highest since Mar. 8. FxWirePro's Hourly Dollar Strength Index stood at 2.88 (Neutral) by 0400 GMT.

EUR/USD: The euro rose, halting a 2-day losing streak after data released on Friday showed German industrial output rose by 0.7 percent in February as mild weather supported a surge in construction activity. The European currency traded 0.1 percent up at 1.1229, having touched a low of 1.1183 on Tuesday, its lowest since Mar. 7. FxWirePro's Hourly Euro Strength Index stood at 111.85 (Highly Bullish) by 0400 GMT. Investors’ attention will remain on the Eurozone, ahead of the U.S. factory orders. Immediate resistance is located at 1.1285 (Mar. 28 High), a break above targets 1.1331 (Mar. 25 High). On the downside, support is seen at 1.1176 (Mar. 7 Low)., a break below could drag it till 1.1155.

USD/JPY: The Japanese yen surged, after falling for three consecutive sessions as Bank of Japan Governor Haruhiko Kuroda said the Japanese economy was expected to continue expanding moderately, although exports and output could get affected from slowing overseas demand. The major was trading 0.3 percent down at 111.39, having hit a high of 111.82 on Friday, its highest since Mar. 15. FxWirePro's Hourly Yen Strength Index stood at -48.87 (Neutral) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. factory orders. Immediate resistance is located at 111.92 (Mar. 6 High), a break above targets 112.13 (Mar. 5 High). On the downside, support is seen at 111.06 (Mar. 13 Low), a break below could take it lower at 110.74 (Mar. 8 Low).

GBP/USD: Sterling steadied after easing to a 1-week low in the previous session on doubts over British Prime Minister Theresa May's attempt to further delay Brexit. The major traded 0.2 percent up at 1.3063, having hit a low of 1.2986 on Friday; it’s lowest since Mar. 29. FxWirePro's Hourly Sterling Strength Index stood at -76.56 (Slightly Bearish) 0400 GMT. Investors’ attention will remain on the U.S. fundamental drivers, amid a lack of economic data from the UK docket. Immediate resistance is located at 1.3149 (Apr. 1 High), a break above could take it near 1.3227 (Mar. 21 High). On the downside, support is seen at 1.3003 (Mar. 21 Low), a break below targets 1.2976 (Mar. 29 Low). Against the euro, the pound was trading 0.1 percent up at 85.93 pence, having hit a low of 86.36 on Friday, it’s lowest since Mar. 29.

AUD/USD: The Australian dollar plunged, extending losses for the third straight session after data showed domestic job ads declined 1.7 percent in March from a drop of 0.8 percent in February. Moreover, renewed optimism about the U.S. economy's health following better-than-expected March jobs report further dented the bid tone around the major. The Aussie trades 0.2 percent down at 0.7092, having hit a low of 0.7087, it’s lowest since Apr. 3. FxWirePro's Hourly Aussie Strength Index stood at 101.14 (Highly Bullish) by 0400 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7070 (Mar. 29 Low), a break below targets 0.7041 (Mar. 14 Low). On the upside, resistance is located at 0.7149 (Mar. 20 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar declined, hovering towards a 10-week low hit in the previous session, as further signs of strong momentum in the U.S. economy boosted the greenback. The Kiwi trades 0.05 percent down at 0.6729, having touched a low of 0.6718 on Friday, its lowest level Jan. 22. FxWirePro's Hourly Kiwi Strength Index was at -35.83 (Neutral) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6773 (Feb. 11 High), a break above could take it near 0.6827 (Mar. 5 High). On the downside, support is seen at 0.6706 (Jan. 22 Low), a break below could drag it below 0.6668 (Jan. 4 Low).



Equities Recap

Asian shares rallied to 7-month highs, boosted by a rebound in U.S. payrolls and hints of more stimulus in China.

MSCI's broadest of Asia-Pacific shares outside Japan surged 0.4 percent.

Tokyo's Nikkei eased 0.3 percent to 21,749.91 points, Australia's S&P/ASX 200 index rose 0.6 percent to 6,216.00 points and South Korea's KOSPI plunged 0.2 percent to 2,205.50 points.

Shanghai composite index declined 1.05 percent to 3,212.22 points, while CSI 300 index traded 1.05 percent down at 4,019.66 points.

Hong Kong’s Hang Seng traded 0.05 percent higher at 29,951.49 points. Taiwan shares added 0.9 percent to 10,800.57 points



Commodities Recap

Crude Oil prices rose to their highest level since Nov. 2018, supported by OPEC's ongoing supply cuts and U.S. sanctions against Iran and Venezuela. International benchmark Brent crude was trading 0.4 percent up at $70.63 per barrel by 0436 GMT, having hit a high of $70.76, its highest since Nov. 12. U.S. West Texas Intermediate was trading 0.2 percent up at $63.37 a barrel, after rising as high as $63.47, its highest since the Nov. 5.

Gold prices rose to a 1-week peak as the greenback edged lower, while investors awaited minutes of the U.S. Federal Reserve's March meeting later this week. Spot gold gained about 0.4 percent to $1,296.47 per ounce by 0442 GMT, having touched a high of $1,296.89, its highest since April 1. U.S. gold futures were also up 0.4 percent at $1,300.10 an ounce.









DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/






.



Post Reply
Forexmart