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

#471

Post by B0N3 » Tue Apr 09, 2019 7:15 pm

Asia Roundup:
Aussie rallies as mortgage lending rebounds, greenback eases following a drop in U.S. durable goods orders, Asian shares consolidate –
Tuesday, April 9th, 2019







Market Roundup

Theresa May to ask Merkel and Macron for Brexit delay

UK high-street spending falls for first time in 11 months – BRC

Japan faces recession risks with dearth of ammunition

U.S. 'not satisfied yet' in China trade talks -White House official

Assertive EU to face resistant China at trade-focused summit

Turkish election board rejects recount call in 31 Istanbul districts -board member



Economic Data Ahead

No major economic data releases



Key Events Ahead

(0805 ET/1205 GMT) Riksbank Deputy Governor Henry Ohlsson speaks at a conference organised by the Swedish Unions within Industry, Balsta

(1700 ET/2100 GMT) Fed's Randal Quarles participates in discussion before the George Mason University “Meet the Policymakers” Forum for Students, Arlington

(1800 ET/2245 GMT) Fed's Richard Clarida speaks on the first day of the two-day Spring 2019 Institute Conference, Minneapolis



FX Beat

DXY: The dollar index eased to a 6-day low, weighed down by weak U.S. economic data that supported the Federal Reserve's decision to suspend further interest rate rises this year. The greenback against a basket of currencies traded 0.05 percent down at 97.02, having touched a peak of 97.52 last week, its highest since Mar. 8. FxWirePro's Hourly Dollar Strength Index stood at -68.03 (Bearish) by 0500 GMT.

EUR/USD: The euro steadied after rising to a 1-1/2 peak in the previous session, ahead of Chinese Premier Li Keqiang and EU institution leaders meet in Brussels today for an annual EU-China summit. The European currency traded 0.05 percent up at 1.1265, having touched a high of 1.1274 on Monday, its highest since Mar. 27. FxWirePro's Hourly Euro Strength Index stood at 42.16 (Neutral) by 0500 GMT. Investors’ attention will remain on data from the Eurozone economies, ahead of the U.S. JOLTS Job Openings and IBD/TIPP economic optimism. 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 1.1213 (Mar. 28 Low), a break below could drag it till 1.1176 (Mar. 7 Low).

USD/JPY: The dollar plunged to a near 1-week low, undermined by data showing U.S. durable goods orders declined modestly in February, pulled down by weak orders for machinery, transportation equipment and computers and electronic products. The major was trading 0.1 percent down at 111.34, having hit a high of 111.82 on Friday, its highest since Mar. 15. FxWirePro's Hourly Yen Strength Index stood at 58.77 (Bullish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. JOLTS Job Openings and IBD/TIPP economic optimism. 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 surged, extending previous session gains, as Prime Minister Theresa May seek to compromise with opposition Labour leader Jeremy Corbyn on the terms of the UK's withdrawal ahead of an EU leaders' summit today. The major traded 0.2 percent up at 1.3087, having hit a low of 1.2986 on Friday; it’s lowest since Mar. 29. FxWirePro's Hourly Sterling Strength Index stood at -13.81 (Neutral) 0500 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 1.3196 (Apr. 3 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 0.2 percent up at 86.06 pence, having hit a low of 86.45 on Monday, it’s lowest since Mar. 29.

AUD/USD: The Australian dollar rallied to a near 2-week peak, after domestic data showed some rebound in mortgage lending, with loans ex-refinancing up 2.7 percent in February for the biggest monthly gain since 2016. The Aussie trades 0.1 percent up at 0.7134, having hit a high of 0.7139 earlier; it’s highest since Mar. 27. FxWirePro's Hourly Aussie Strength Index stood at 145.21 (Highly Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7070 (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 advanced, extending previous session's rebound from a 10-week low hit last week, as investors awaited a potentially market-moving speech from a top central banker later in the week. The Kiwi trades 0.1 percent up at 0.6749, having touched a low of 0.6718 on Friday, its lowest level Jan. 22. FxWirePro's Hourly Kiwi Strength Index was at -87.03 (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 0.6773 (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 traded within narrow ranges, as investors awaited the start of the U.S. earnings season and a crucial Brexit summit; however, broader concerns about slowing global growth dented investor risk sentiment.

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

Tokyo's Nikkei rose 0.1 percent to 21,791.81 points, Australia's S&P/ASX 200 index gained 0.05 percent to 6,221.80 points and South Korea's KOSPI surged 0.2 percent to 2,220.33 points.

Shanghai composite index declined 0.9 percent to 3,215.99 points, while CSI 300 index traded 0.4 percent down at 4,039.82 points.

Hong Kong’s Hang Seng traded 0.1 percent higher at 30,097.24 points. Taiwan shares added 0.5 percent to 10,851.60 points



Commodities Recap

Crude Oil prices rose to fresh 5-month highs as fears of a global recession ebbed, however, a sluggish economic outlook limited upside. International benchmark Brent crude was trading 0.2 percent up at $71.16 per barrel by 0433 GMT, having hit a high of $71.31, its highest since Nov. 12. U.S. West Texas Intermediate was trading 0.2 percent up at $64.52 a barrel, after rising as high as $64.74, its highest since the Nov. 1.

Gold prices surged, hovering towards a more than one-week high recorded in the previous session, as the greenback eased after weak U.S. economic data. Spot gold rose 0.2 percent to $1,299.38 per ounce by 0454 GMT, having touched a high of $1,303.61 on Monday, its highest since March 28. U.S. gold futures were up 0.1 percent at $1,303.30 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

#472

Post by B0N3 » Wed Apr 10, 2019 7:39 pm

Asia Roundup:
Aussie rebounds on RBA Debelle's comments, dollar near 9-day low against the yen after IMF cuts global economic outlook, Asian shares off 8-month peak – Wednesday, April 10th, 2019







Market Roundup

In placeholder meeting, ECB hopes to instil confidence

In new attack, Trump threatens more tariffs against European Union

Fed's Clarida: U.S. jobless rate may have room to fall without inflation

Trump's Fed picks draw political fire as they angle for the job

IMF says global economy cooling, coordinated stimulus may be needed

Japan's Feb machinery orders rebound but investment outlook fragile

Australia c.bank still trying to unravel policy puzzle – dep gov

Australian consumer confidence gets modest budget boost

Israel's Netanyahu secures election victory – Israeli TV channels



Economic Data Ahead

(0400 ET/0800 GMT) Italy Feb Industrial Output YY WDA, -0.9% f'cast, -0.8% prev

(0430 ET/0830 GMT) Great Britain Feb GDP Estimate YY, 1.7% f'cast, 1.4% prev

(0430 ET/0830 GMT) Great Britain Feb Industrial Output YY, -0.9% f'cast, -0.9% prev

(0430 ET/0830 GMT) Great Britain Feb Manufacturing Output YY, -0.7% f'cast, -1.1% prev

(0430 ET/0830 GMT) Great Britain Feb Construction O/P Vol YY, 2.4% f'cast, 1.8% prev

(0430 ET/0830 GMT) Great Britain Feb Goods Trade Balance GBP, -12.70 bln f'cast, -13.08 bln prev

(0430 ET/0830 GMT) Great Britain Feb Goods Trade Bal. Non-EU, -4.500 bln f'cast, -4.977 bln prev

(0430 ET/0830 GMT) Great Britain Feb Services YY, 1.7% prev

(0745 ET/1145 GMT) EZ Apr ECB Refinancing Rate, 0.00% f'cast, 0.00% prev

(0745 ET/1145 GMT) EZ Apr ECB Deposit Rate, -0.40% f'cast, -0.40% prev



Key Events Ahead

(0415 ET/0815 GMT) BoE Insurance Supervision Executive Director David Rule will speak at 2019 Bulk Annuities Conference Westminster and City Programmes, London

(0830 ET/1230 GMT) ECB President Mario Draghi holds a press conference after an interest rate meeting

(1105 ET/1505 GMT) BoE Monetary Policy Committee Member Dave Ramsden participates in Financial Stability Board Roundtable, Washington

(1150 ET/1550 GMT) Fed's Quarles, BoE's Ramsden, U.S. CFTC Chairman J. Christopher Giancarlo and UK FCA CEO Andrew Bailey speak at a Financial Stability Board round-table discussion, Washington

(1400 ET/1800 GMT) FOMC will release the minutes from its March 19-20, 2019 policy meeting

(1400 ET/1800 GMT) ECB's Coeure participates in a seminar on 'Money and payments in the digital age' organised by the IMF in Washington, D.C



FX Beat

DXY: The dollar index declined, hovering towards a near 2-week low hit in the prior session, as hopes of a trade deal between Washington and Beijing eased. The greenback against a basket of currencies traded 0.05 percent down at 96.96, having touched a peak of 97.52 last week, its highest since Mar. 8. FxWirePro's Hourly Dollar Strength Index stood at -83.51 (Slightly Bearish) by 0600 GMT.

EUR/USD: The euro consolidated within narrow ranges after Italy cut its growth forecasts for this year and next; and raised the budget deficit and public debt. The European currency traded flat at 1.1261, having touched a high of 1.1284 on Tuesday, its highest since Mar. 27. FxWirePro's Hourly Euro Strength Index stood at 60.56 (Bullish) by 0500 GMT. Investors’ attention will remain on data from the Eurozone economies, ahead of the U.S. consumer price index, monthly budget statement and Fed Quarles 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 1.1213 (Mar. 28 Low), a break below could drag it till 1.1176 (Mar. 7 Low).

USD/JPY: The dollar traded near a 9-day low after the International Monetary Fund slashed its global growth forecasts for 2019 to 3.3 percent, the slowest expansion since 2016 and from its earlier projection of 3.5 percent in January. The major was trading flat at 111.17, having hit a high of 111.82 on Friday, its highest since Mar. 15. FxWirePro's Hourly Yen Strength Index stood at 16.21 (Neutral) by 0600 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. consumer price index, monthly budget statement and Fed Quarles speech. 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 110.80 (Apr. 1 Low), a break below could take it lower at 110.53 (Mar. 20 Low).

GBP/USD: Sterling traded within narrow ranges, as investors refrained from taking big positions, ahead of a crucial Brexit summit meeting. The major traded 0.1 percent up at 1.3066, having hit a low of 1.2986 on Friday; it’s lowest since Mar. 29. FxWirePro's Hourly Sterling Strength Index stood at 19.18 (Neutral) 0600 GMT. Investors’ attention will remain on the UK manufacturing production, industrial production, trade balance and gross domestic product, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3121 (Apr. 5 High), a break above could take it near 1.3149 (Apr. 1 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 86.19 pence, having hit a low of 86.51 on Tuesday, it’s lowest since Mar. 22.

AUD/USD: The Australian dollar rose, hovering towards a near 3-week peak struck in the prior session after Reserve Bank of Australia Deputy Governor Guy Debelle reiterated that while the economy seemed to have slowed, the labour market was surprisingly strong. The Aussie trades 0.4 percent up at 0.7148, having hit a high of 0.7152 on Tuesday; it’s highest since Mar. 21. FxWirePro's Hourly Aussie Strength Index stood at 133.35 (Highly Bullish) by 0600 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 0.7168 (Mar. 21 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar rose, extending gains for the third straight session, as the greenback eased for the third consecutive day. The Kiwi trades 0.2 percent up at 0.6754, having touched a low of 0.6718 on Friday, its lowest level Jan. 22. FxWirePro's Hourly Kiwi Strength Index was at 4.05 (Neutral) by 0600 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 slumped from 8-month highs as the International Monetary Fund lowered its global growth outlook, while tensions over tariffs between the United States and Europe escalated.

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

Tokyo's Nikkei plunged 0.5 percent to 21,687.57 points, Australia's S&P/ASX 200 index gained 0.05 percent to 6,223.50 points and South Korea's KOSPI surged 0.5 percent to 2,225.02 points.

Shanghai composite index declined 0.05 percent to 3,239.29 points, while CSI 300 index traded 0.2 percent up at 4,084.18 points.

Hong Kong’s Hang Seng traded 0.3 percent lower at 30,082.91 points. Taiwan shares added 0.2 percent to 10,868.14 points



Commodities Recap

Crude Oil prices eased, weighed down by expectations that an economic slowdown could soon dent fuel consumption, however, supply cuts by producer group OPEC and U.S. sanctions against oil exporters Iran and Venezuela limited downside. International benchmark Brent crude was trading 0.1 percent down at $70.66 per barrel by 0506 GMT, having hit a high of $71.33, its highest since Nov. 12. U.S. West Texas Intermediate was trading 0.1 percent down at $64.15 a barrel, after rising as high as $64.77 on Tuesday, its highest since the Nov. 1.

Goldprices declined from a near 2-week peak hit in the previous session as the dollar steadied amid concerns over global growth and trade tensions between the United States and Europe. Spot gold was 0.1 percent down at $1,302.58 per ounce at 0540 GMT, having touched a high of $1,306.09 on Tuesday, its highest since March 28. U.S. gold futures slipped 0.2 percent to $1,306 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

#473

Post by B0N3 » Thu Apr 11, 2019 7:07 pm

Asia Roundup:
Antipodeans decline as Chinese CPI eases, greenback gains despite dovish Fed minutes, Asian shares plunge – Thursday, April 11th, 2019







Market Roundup

EU gives May till October for Brexit, seeking clarity

China producer inflation picks up for first time in 9 months, eases deflation worries

U.S., China agree to establish trade deal enforcement offices -Mnuchin

Citing global slowdown, Fed sees no changes to rates in 2019

Australians go to the polls in a 'fair go' election on May 18



Economic Data Ahead

No major economic data releases



Key Events Ahead

N/A ECB's Draghi and Benoit Coeure in the IMF/World Bank spring meetings in Washington, D.C.

N/A BoE's Broadbent and Deputy Governor for Prudential Regulation Sam Woods participate in IMF Spring Meetings, Washington

(0830 ET/1230 GMT) ECB's Villeroy de Galhau speaks at Washington

(0845 ET/1245 GMT) World Bank Interim President Kristalina Georgieva holds a press briefing ahead of IMF-World Bank Spring Meetings

(0930 ET/1330 GMT) Fed's Clarida speaks before the Institute of International Finance Washington Policy Summit, Washington

(0940 ET/1340 GMT) Fed's Bullard gives presentation before the “Breakfast With the Fed” event in Tupelo, Mississippi

(0945 ET/1345 GMT) Fed's Williams speaks before the Association for Neighborhood & Housing Development 2019 Annual Conference

(1300 ET/1700 GMT) Bank of Canada Senior Deputy Governor Carolyn Wilkins participates in a panel discussion at the World Bank

(1300 ET/1700 GMT) German Economy Minister Peter Altmaier speaks at an event in Berlin organized by Germany's Focus weekly magazine

(1400 ET/1800 GMT) Fed's Kashkari holds a Q&A via Twitter

(1600 ET/2000 GMT) Fed's Michelle Bowman speaks before a Fed Family Luncheon hosted by the Federal Reserve Bank of San Francisco



FX Beat

DXY: The dollar index steadied after plunging to a near 2-week low in the prior session as minutes from Federal Reserve's March 19-20 meeting showed policymakers agreed to be patient about any changes to interest rate policy as they saw the U.S. economy weathering a global slowdown without a recession in the next few years. The greenback against a basket of currencies traded 0.05 percent up at 96.93, having touched a low of 96.85 on Wednesday, its lowest since Mar. 28. FxWirePro's Hourly Dollar Strength Index stood at -100.36 (Highly Bearish) by 0500 GMT.

EUR/USD: The euro rose, extending previous session gains after ECB President Mario Draghi raised the prospect of more support for the struggling eurozone economy if its slowdown persisted. The European currency traded 0.5 percent up at 1.1279, having touched a high of 1.1287 on Thursday, its highest since Mar. 26. FxWirePro's Hourly Euro Strength Index stood at 5.84 (Neutral) by 0500 GMT. Investors’ attention will remain on data from the Eurozone economies, ahead of the U.S. producer price index, unemployment benefit claims and Fed officials' speech. Immediate resistance is located at 1.1331 (Mar. 25 High), a break above targets 1.1361 (Mar. 19 High). On the downside, support is seen at 1.1213 (Mar. 28 Low), a break below could drag it till 1.1176 (Mar. 7 Low).

USD/JPY: The dollar bounced, halting a 3-day losing streak after data released yesterday showed U.S. consumer prices increased by the most in 14 months in March. Moreover, the risk sentiment improved as Federal Reserve policymakers debated possible policy moves the central bank could make after it ends its balance sheet reduction programme by September. The major was trading 0.1 percent up at 111.07, having hit a low of 110.84 on Wednesday, its lowest since Apr. 1. FxWirePro's Hourly Yen Strength Index stood at 17.99 (Neutral) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. producer price index, unemployment benefit claims and Fed officials' speech. Immediate resistance is located at 111.44 (Apr. 1 High), a break above targets 111.92 (Mar. 6 High). On the downside, support is seen at 110.53 (Mar. 20 Low), a break below could take it lower at 110.01 (Mar. 28 Low).

GBP/USD: Sterling steadied above the 1.3100 handle, after European Union leaders gave Britain six more months to leave the EU bloc, indicating that Britain will not crash out on Friday without a treaty to smooth its passage. The major traded 0.1 percent up at 1.3106, having hit a low of 1.2986 on Friday; it’s lowest since Mar. 29. FxWirePro's Hourly Sterling Strength Index stood at 97.39 (Slightly Bullish) 0500 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 1.3121 (Apr. 5 High), a break above could take it near 1.3149 (Apr. 1 High). On the downside, support is seen at 1.3030 (Apr. 9 Low), a break below targets 1.3003 (Mar. 21 Low). Against the euro, the pound was trading flat at 86.09 pence, having hit a low of 86.51 on Tuesday, it’s lowest since Mar. 22.

AUD/USD: The Australian dollar eased after rising to a 6-week peak in the previous session after data showed the Chinese consumer price index declined 0.4 percent in March from 1.0 percent. The Aussie trades 0.1 percent down at 0.7161, having hit a high of 0.7174 on Tuesday; it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at 156.26 (Highly Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7070 (Mar. 29 Low), a break below targets 0.7041 (Mar. 14 Low). On the upside, resistance is located at 0.7168 (Mar. 21 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar edged lower after rising for three straight sessions, as the greenback rebounded from a near 2-week low. The Kiwi trades 0.1 percent down at 0.6758, having touched a low of 0.6718 on Friday, its lowest level Jan. 22. FxWirePro's Hourly Kiwi Strength Index was at 111.58 (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 0.6799 (Apr. 4 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 tumbled, drifting further away from 8-month highs as European and U.S. central banks reinforced investor worries about the global economic outlook and trade protectionism.

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

Tokyo's Nikkei rose 0.1 percent to 21,711.38 points, Australia's S&P/ASX 200 index fell 0.4 percent to 6,198.70 points and South Korea's KOSPI surged 0.05 percent to 2,224.44 points

Shanghai composite index declined 1.5 percent to 3,192.41 points, while CSI 300 index traded 2.1 percent down at 4,000.83 points.

Hong Kong’s Hang Seng traded 0.7 percent lower at 29,888.92 points. Taiwan shares shed 0.6 percent to 10,808.77 points



Commodities Recap

Crude Oil prices declined as U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production, while economic concerns raised doubt over growth in demand for fuel. International benchmark Brent crude was trading 0.2 percent down at $71.41 per barrel by 0458 GMT, having hit a high of $71.76 on Wednesday, its highest since Nov. 8. U.S. West Texas Intermediate was trading 0.3 percent down at $64.25 a barrel, after rising as high as $64.77 on Tuesday, its highest since the Nov. 1.

Goldprices eased, but were trading close to a 2-week peak recorded in the prior session as dovish U.S. and European central banks fanned concerns on economic slowdown. Spot gold was down 0.1 percent at $1,306.97 per ounce by 0503 GMT, having touched a high of $1,310.47 on Thursday, its highest since March 28. U.S. gold futures were down about 0.3 percent at $1,310.20 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

#474

Post by B0N3 » Fri Apr 12, 2019 7:05 pm

Asia Roundup:
Kiwi at 2-1/2 month trough as NZ manufacturing activity cools, dollar gains against yen following upbeat U.S. economic data, Asian shares plunge – Friday, April 12th, 2019







Market Roundup

IMF chief says Brexit delay averts 'terrible outcome'

Cain's Fed chances in peril as fourth Republican opposes Trump pick

Fed's Kashkari: Slight rise in U.S. inflation would not be alarming

Japan should rely on spending, rather than on BOJ, to battle slowdown – IMF

Australia's c.bank alert to risks as house prices slide, negative equity looms

U.S. muni bond funds post $956.5 mln in inflows-Lipper

Foreign CB US debt holdings +$11.464 bln to $3.471 tln Apr 10 week

Treasuries +$11.486 bln to $3.073 tln, agencies +$1.104 bln to $326.823 bln



Economic Data Ahead

(0500 ET/0900 GMT) EZ Feb Industrial Production MM, -0.6% f'cast, 1.4% prev

(0500 ET/0900 GMT) EZ Feb Industrial Production YY, -1.0% f'cast, 1.1% prev



Key Events Ahead

N/A Spring meeting of the World Bank Group and IMF in Washington D.C.

(0700 ET/1100 GMT) ECB's Jens Weidmann and Germany's Olaf Scholz will hold a press event at the sidelines of a meeting of the IMF and the World Bank

(0845 ET/1245 GMT) ECB's Peter Praet takes part in an event organised by Goldman Sachs in New York

(1230 ET/1630 GMT) Germany's Olaf Scholz holds a speech at the Peterson Institute for International Economics in Washington D.C



FX Beat

DXY: The dollar index declined as comments from U.S. Federal Reserve Vice Chairman Richard Clarida reemphasized the central bank’s patience on rate hikes. The greenback against a basket of currencies traded 0.1 percent down at 96.93, having touched a low of 96.85 on Wednesday, its lowest since Mar. 28. FxWirePro's Hourly Dollar Strength Index stood at 11.22 (Neutral) by 0400 GMT.

EUR/USD: The euro rallied to a 2-1/2 week peak, as European Central Bank policymakers are increasingly leaning towards rewarding banks for lending to households and businesses than giving lenders a reprieve from a charge on their idle cash. The European currency traded 0.3 percent up at 1.1290, having touched a high of 1.1294, its highest since Mar. 26. FxWirePro's Hourly Euro Strength Index stood at 90.83 (Slightly Bullish) by 0400 GMT. Investors’ attention will remain on a series of data from the Eurozone economies and EZ industrial production, ahead of the U.S. import and export price index, and Fed Michigan consumer sentiment index. Immediate resistance is located at 1.1331 (Mar. 25 High), a break above targets 1.1361 (Mar. 19 High). On the downside, support is seen at 1.1213 (Mar. 28 Low), a break below could drag it till 1.1176 (Mar. 7 Low).

USD/JPY: The dollar surged to a 1-week peak after data released on Thursday showed first-time filings for U.S. unemployment benefits dropped to a 49-1/2-year low last week, indicating sustained labour market strength, while overall producer prices increased 0.6 percent in March, the largest rise since October. The major was trading 0.1 percent up at 111.74, having hit a low of 110.84 on Wednesday, its lowest since Apr. 1. FxWirePro's Hourly Yen Strength Index stood at -156.97 (Highly Bearish) by 0400 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. import and export price index, and Fed Michigan consumer sentiment index. 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 111.20 (Apr. 3 Low), a break below could take it lower at 110.53 (Mar. 20 Low).

GBP/USD: Sterling rose, reversing some of its previous session losses, after the European Union leaders postponed Britain's exit from the bloc to Oct. 31, easing fears of no deal Brexit. The major traded 0.1 percent up at 1.3069, having hit a low of 1.2986 last week; it’s lowest since Mar. 29. FxWirePro's Hourly Sterling Strength Index stood at 105.97 (Highly Bullish) 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 1.3121 (Apr. 5 High), a break above could take it near 1.3149 (Apr. 1 High). On the downside, support is seen at 1.3022 (Apr. 8 Low), a break below targets 1.3003 (Mar. 21 Low). Against the euro, the pound was trading 0.2 percent down at 86.36 pence, having hit a low of 86.51 on Tuesday, it’s lowest since Mar. 22.

AUD/USD: The Australian dollar steadied after the Reserve Bank of Australia in its Financial Stability Review emphasized the banking system had the capital to withstand a major crisis, even as it highlighted the threat to households from a further slump in home prices. On Thursday, Prime Minister Scott Morrison announced a general election to be held on May 18. The Aussie trades 0.1 percent up at 0.7132, having hit a high of 0.7174 on Wednesday; it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at 22.79 (Neutral) 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 0.7168 (Mar. 21 High), a break above could take it near 0.7198 (Feb. 27 High).

NZD/USD: The New Zealand dollar rebounded after falling to a 2-1/2 month trough on a survey that showed manufacturing activity in New Zealand cooled in March as production and new orders dropped. The Kiwi trades 0.1 percent up at 0.6734, having touched a low of 0.6713, its lowest level Jan. 22. FxWirePro's Hourly Kiwi Strength Index was at 48.59 (Neutral) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6799 (Apr. 4 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 slumped amid anxiety ahead of corporate earnings and worries about a global economic slowdown.

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

Tokyo's Nikkei rose 0.7 percent to 21,870.56 points, Australia's S&P/ASX 200 index gained 0.9 percent to 6,251.30 points and South Korea's KOSPI surged 0.3 percent to 2,230.78 points.

Shanghai composite index declined 0.1 percent to 3,185.86 points, while CSI 300 index traded 0.3 percent down at 3,982.93 points.

Hong Kong’s Hang Seng traded 0.3 percent lower at 29,749.79 points. Taiwan shares shed 0.05 percent to 10,805.30 points



Commodities Recap

Crude Oil prices surged, supported by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela. International benchmark Brent crude was trading 0.2 percent higher at $71.05 per barrel by 0442 GMT, having hit a high of $71.76 on Wednesday, its highest since Nov. 8. U.S. West Texas Intermediate was trading 0.2 percent up at $63.81 a barrel, after rising as high as $64.77 on Tuesday, its highest since the Nov. 1.

Goldprices consolidated near a 1-week low hit in the previous session as strong U.S. economic data supported the greenback. Spot gold was trading flat at $1,292.46 per ounce by 0446 GMT, having touched a high of $1,310.47 on Wednesday, its highest since March 28. U.S. gold futures gained about 0.1 percent to $1,294.60 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

#475

Post by B0N3 » Mon Apr 15, 2019 6:49 pm

Asia Roundup:
Antipodeans surge as Chinese data improves, dollar at 6-week peak against yen amid U.S. optimism on China trade talks, Asian shares near 9-month peak – Monday, April 15th, 2019







Market Roundup

U.S. waters down demand China ax subsidies in push for trade deal -sources

Trump says Fed should fire up crisis-era stimulus

SNB's Jordan sees room for more intervention if needed

Trade rows cloud global economy as officials fret over slowdown

UK fears Brexit could hurt global hunt for new BoE governor

OECD says Japan should rely on sales tax to generate extra revenue

Poll shows support for Australia's far-right One Nation sinking before election



Economic Data Ahead

(0600 ET/1000 GMT) EZ Mar Reserve Assets Total, 732.86 bln prev



Key Events Ahead

(0645 ET/1045 GMT) BoE's Sarah Breeden participates in OMFIF in London

(0830 ET/1230 GMT) Chicago Fed's Charles Evans appears on CNBC's “Squawk Box” in New York

(1200 ET/1600 GMT) BoE's Jonathan Haskel participates at the Royal Economic Society Annual Conference in London

(1300 ET/1700 GMT) Chicago Fed's Charles Evans speaks before the New York Association for Business Economics in New York



FX Beat

DXY: The dollar index declined after European Central Bank President Mario Draghi expressed concern about the U.S. Federal Reserve's independence, warning that a loss of its autonomy could undermine the credibility of policy. The greenback against a basket of currencies traded 0.05 percent down at 96.83, having touched a low of 96.75 on Friday, its lowest since Mar. 27. FxWirePro's Hourly Dollar Strength Index stood at -53.30 (Bearish) by 0500 GMT.

EUR/USD: The euro steadied above the 1.3100 handle, supported by encouraging data from the eurozone where industrial output in February declined by less than expected. The European currency traded 0.1 percent up at 1.1307, having touched a high of 1.1323 on Friday, its highest since Mar. 26. FxWirePro's Hourly Euro Strength Index stood at 90.99 (Slightly Bullish) by 0500 GMT. Investors’ attention will remain on the New York empire state manufacturing index, and Fed Evan's speech, amid a lack of data from the Euzozone docket. Immediate resistance is located at 1.1331 (Mar. 25 High), a break above targets 1.1361 (Mar. 19 High). On the downside, support is seen at 1.1273 (Mar. 22 Low), a break below could drag it till 1.1213 (Mar. 28 Low).

USD/JPY: The dollar slightly eased after rising to a near 6-week peak earlier in the session on signs of stabilization in the Chinese economy and on hopes U.S.-China trade talks were approaching a final lap. The major was trading 0.1 percent down at 111.92, having hit a high of 112.09, its highest since Mar. 5. FxWirePro's Hourly Yen Strength Index stood at -94.74 (Slightly Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of New York empire state manufacturing index and Fed Evan's speech. Immediate resistance is located at 112.60 (Dec. 20 High), a break above targets 113.24 (Dec. 5 High). On the downside, support is seen at 111.20 (Apr. 3 Low), a break below could take it lower at 110.53 (Mar. 20 Low).

GBP/USD: Sterling surged, extending gains for the second straight session, as European Union leaders agreement on a six-month delay to Brexit removed the imminent threat of a no-deal exit. The major traded 0.2 percent up at 1.3088, having hit a high of 1.3132 on Friday; it’s highest since Apr. 4. FxWirePro's Hourly Sterling Strength Index stood at -4.18 (Neutral) 0500 GMT. Investors’ attention will remain on the U.S. fundamental drivers, as the UK economic calendar remains absolutely data empty. Immediate resistance is located at 1.3121 (Apr. 5 High), a break above could take it near 1.3149 (Apr. 1 High). On the downside, support is seen at 1.3022 (Apr. 8 Low), a break below targets 1.3003 (Mar. 21 Low). Against the euro, the pound was trading 0.1 percent up at 86.35 pence, having hit a low of 86.57 on Thursday, it’s lowest since Mar. 22.

AUD/USD: The Australian dollar declined after rising to a near 7-week high on Friday on news that U.S. Treasury Secretary Steven Mnuchin voiced optimism for a trade deal with China to end a tariff war. The Aussie trades 0.05 percent down at 0.7168, having hit a high of 0.7192 the day before; it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at 78.43 (Slightly Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7142 (Feb. 26 Low), a break below targets 0.7070 (Mar. 29 Low). On the upside, resistance is located at 0.7198 (Feb. 27 High), a break above could take it near 0.7235 (Jan. 11 High).

NZD/USD: The New Zealand dollar surged to an 11-day high amid signs of improvement in the Chinese economy, adding to growing optimism that Washington and Beijing are nearing a trade deal. The Kiwi trades 0.1 percent up at 0.6769, having touched a high of 0.6782, its highest level Apr. 4. FxWirePro's Hourly Kiwi Strength Index was at 48.59 (Neutral) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6799 (Apr. 4 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 surged near 9-month highs after U.S. Treasury Secretary Steven Mnuchin said he hoped U.S.-China trade talks were approaching a final lap.

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

Tokyo's Nikkei rose 1.4 percent to 22,169.11 points, Australia's S&P/ASX 200 index gained 0.05 percent to 6,251.40 points and South Korea's KOSPI surged 0.4 percent to 2,242.88 points.

Shanghai composite index declined 0.3 percent to 3,179.08 points, while CSI 300 index traded 0.3 percent down at 3,978.22 points.

Hong Kong’s Hang Seng traded 0.05 percent lower at 29,910.61 points. Taiwan shares added 0.5 percent to 10,875.60 points



Commodities Recap

Crude Oil prices declined after international benchmark Brent hit a fresh 5-month high in the previous session on concerns over global supplies. International benchmark Brent crude was trading 0.2 percent lower at $71.32 per barrel by 0520 GMT, having hit a high of $71.85 on Friday, its highest since Nov. 8. U.S. West Texas Intermediate was trading 0.4 percent down at $63.54 a barrel, after rising as high as $64.77 on Tuesday, its highest since the Nov. 1.

Gold prices plunged to an over 1-week low as stronger-than-expected data from China and a robust start to the U.S. earnings season eased concerns about global economic slowdown. Spot gold declined 0.2 percent to $1,288.28 per ounce by 0526 GMT, having touched a low of $1,286.81, its lowest since April 5. U.S. gold futures fell 0.3 percent to $1,291 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

#476

Post by B0N3 » Tue Apr 16, 2019 6:08 pm

Asia Roundup:
Antipodeans ease on rate cut talks, greenback gains on U.S.-China trade deal hopes, investors’ eye UK employment report –
Tuesday, April 16th, 2019







Market Roundup

China's home prices rise faster in March aided by policy support

Japan and U.S. hold “frank and good” trade talks – economy minister

Australia c.bank says easing would be “appropriate” if jobless rate rose, inflation stayed low

INTERVIEW-NZ central bank chief says easing bias remains for now

Fed's Rosengren says central bank should target an inflation range

Fed should 'communicate comfort' with slightly higher inflation -Evans

BOJ Gov Kuroda: No need to change 2 pct inflation target

EU says it is ready to launch U.S. trade talks, but without agriculture

Turkish finance minister says he had fruitful meetings at the White House



Economic Data Ahead

(0430 ET/0830 GMT) Great Britain Feb ILO Unemployment Rate, 3.9% f'cast, 3.9% prev

(0430 ET/0830 GMT) Great Britain Feb Employment Change, 180k f'cast, 222k prev

(0430 ET/0830 GMT) Great Britain Feb Avg Wk Earnings 3M YY, 3.5% f'cast, 3.4% prev

(0500 ET/0900 GMT) EZ Feb Construction Output MM, -1.38% prev

(0500 ET/0900 GMT) EZ Apr ZEW Survey Expectations, -2.5 prev

(0500 ET/0900 GMT) Germany Apr Zew Economic Sentiment, 0.8 f'cast, -3.6 prev

(0500 ET/0900 GMT) Germany Apr Zew Current Conditions, 8.0 f'cast, 11.1 prev



Key Events Ahead

N/A German economy minister Peter Altmaier speaks at local commerce chamber event in Chemnitz, Germany

(1300 ET/1700 GMT) Irish central bank governor Philip Lane to speak on “tail risks in the Irish economy” in Dublin

(1400 ET/1800 GMT) Dallas Fed's Robert Kaplan participates in a dorum hosted by Dallas Fed's El Paso branch in Hobbs, New Mexico

(1430 ET/1830 GMT) The 12 Federal Reserve banks release “2019 Small Business Credit Survey: Report on Employer Firms”



FX Beat

DXY: The dollar index gained after President Donald Trump's Treasury secretary, Steven Mnuchin, said that trade negotiators made a lot of progress. The greenback against a basket of currencies traded 0.05 percent up at 96.95, having touched a low of 96.75 on Friday, its lowest since Mar. 27. FxWirePro's Hourly Dollar Strength Index stood at -60.31 (Bearish) by 0400 GMT.

EUR/USD: The euro consolidated near a 3-week peak, after Greece Prime Minister Alexis Tsipras stated that repaying earlier expensive International Monetary Fund loans is a significant step for the nation which will create favourable conditions for its economy. The European currency traded flat at 1.1303, having touched a high of 1.1323 on Friday, its highest since Mar. 26. FxWirePro's Hourly Euro Strength Index stood at 114.96 (Highly Bullish) by 0400 GMT. Investors’ attention will remain on German ZEW Survey and EZ construction output, ahead of the U.S. capacity utilization, industrial production, housing market index and Fed Kaplan's speech. Immediate resistance is located at 1.1331 (Mar. 25 High), a break above targets 1.1361 (Mar. 19 High). On the downside, support is seen at 1.1273 (Mar. 22 Low), a break below could drag it till 1.1213 (Mar. 28 Low).

USD/JPY: The dollar slightly edged lower after Federal Reserve Bank of Chicago President Charles Evans stated that the central bank should embrace inflation above its target half the time and consider cutting rates if prices do not rise as fast as expected. The major was trading 0.1 percent down at 111.95, having hit a high of 112.09 on Monday, its highest since Mar. 5. FxWirePro's Hourly Yen Strength Index stood at -35.31 (Neutral) by 0400 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. capacity utilization, industrial production, housing market index and Fed Kaplan's speech. Immediate resistance is located at 112.60 (Dec. 20 High), a break above targets 113.24 (Dec. 5 High). On the downside, support is seen at 111.20 (Apr. 3 Low), a break below could take it lower at 110.53 (Mar. 20 Low).

GBP/USD: Sterling eased, halting a 2-day rally, as investors cautiously awaited UK labor market data, which is expected to show the British unemployment rate and average earnings excluding bonus may remain unchanged at 3.9 percent and 3.4 percent respectively. However, average earnings including bonus component may rise to 3.5 percent from 3.4 percent. Moreover, news that the UK that lawmakers are working to avoid no-deal Brexit supported the British pound. The major traded 0.05 percent down at 1.3091, having hit a high of 1.3132 on Friday; it’s highest since Apr. 4. FxWirePro's Hourly Sterling Strength Index stood at 12.93 (Neutral) 0400 GMT. Investors’ attention will remain on the UK average earnings and unemployment rate, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3121 (Apr. 5 High), a break above could take it near 1.3149 (Apr. 1 High). On the downside, support is seen at 1.3022 (Apr. 8 Low), a break below targets 1.3003 (Mar. 21 Low). Against the euro, the pound was trading 0.1 percent down at 86.35 pence, having hit a low of 86.57 on Friday, it’s lowest since Mar. 22.

AUD/USD: The Australian dollar slumped after Reserve Bank of Australia's April board meeting minutes released earlier in the day showed policymakers believed a cut in interest rates would be appropriate given inflation stays low and unemployment trend higher. The Aussie trades 0.3 percent down at 0.7148, having hit a high of 0.7192 on Friday; it’s highest since Feb. 27. FxWirePro's Hourly Aussie Strength Index stood at -51.13 (Bearish) by 0400 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7128 (10-DMA), a break below targets 0.7070 (Mar. 29 Low). On the upside, resistance is located at 0.7198 (Feb. 27 High), a break above could take it near 0.7235 (Jan. 11 High).

NZD/USD: The New Zealand dollar slipped from an 11-day peak hit in the previous session after the Reserve Bank of New Zealand governor Adrian Orr said an easing bias remains in place for now and a softer global economy contributed to a recent shift to a dovish policy tone. The Kiwi trades 0.05 percent down at 0.6757, having touched a high of 0.6782 on Monday, its highest level Apr. 4. FxWirePro's Hourly Kiwi Strength Index was at 55.75 (Bullish) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6799 (Apr. 4 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 traded below 9-month highs after data showed new home prices in China grew slightly faster in March as Beijing rolled out stimulus to boost the economy.

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

Tokyo's Nikkei rose 0.3 percent to 22,233.37 points, Australia's S&P/ASX 200 index gained 0.3 percent to 6,272.90 points and South Korea's KOSPI surged 0.2 percent to 2,247.07 points.

Shanghai composite index rose 1.4 percent to 3,221.94 points, while CSI 300 index traded 1.7 percent up at 4,044.14 points.

Hong Kong’s Hang Seng traded 0.7 percent higher at 30,009.43 points. Taiwan shares added 0.5 percent to 10,927.85 points



Commodities Recap

Crude Oil prices declined after a Russian minister said the nation and OPEC may boost crude output to fight for market share. International benchmark Brent crude was trading 0.4 percent lower at $70.97 per barrel by 0414 GMT, having hit a high of $71.85 on Friday, its highest since Nov. 8. U.S. West Texas Intermediate was trading 0.4 percent down at $63.30 a barrel, after rising as high as $64.77 last week, its highest since the Nov. 1.

Gold prices plunged, extending losses for the fourth straight session as optimism over the U.S.-China trade talks helped investors retain risk appetite. Spot gold was 0.2 percent down at $1,285.22 per ounce by 0416 GMT, having touched a low of $1,282.43 on Monday, its lowest since April 4. U.S. gold futures shed about 0.2 percent at $1,289.20 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

#477

Post by B0N3 » Thu Apr 18, 2019 7:22 pm

Asia Roundup:
Aussie consolidates on mixed employment data, greenback steadies after upbeat U.S. economic data, Asian shares off 9-month peak –
Thursday, April 18th, 2019







Market Roundup

Japan's Aso to travel to U.S. April 25 for meeting with Mnuchin – source

State media says new tactical weapons test overseen by N.Korean leader

White House, Justice Department officials discussed Mueller report ahead of release -NYT

Japan April manufacturing contraction slows but export slump deepens – Flash PMI

Fed may need to buy more bonds than before crisis to manage U.S. rates -official

Fed's Bullard says economic data should improve, yield curve steepen in coming months

Fed's policy stance will be favourable for China's capital flows – FX regulator

Indonesian “quick counts” underline Widodo poll win, markets rally

Australia Mar Employment, 25.7k, 12.0k f'cast, 4.6k prev

Australia Mar Unemployment Rate, 5.0%, 5.0% f'cast, 4.9% prev



Economic Data Ahead

(0200 ET/0600 GMT) Germany Mar Producer Prices YY, 2.7% f'cast, 2.6% prev

(0315 ET/0715 GMT) France Apr Markit Mfg Flash PMI, 50.0 f'cast, 49.7 prev

(0315 ET/0715 GMT) France Apr Markit Service Flash PMI, 49.8 f'cast, 49.1 prev

(0330 ET/0730 GMT) Germany Apr Markit Mfg Flash PMI, 45.0 f'cast, 44.1 prev

(0330 ET/0730 GMT) Germany Apr Markit Service Flash PMI, 55.1 f'cast, 55.4 prev

(0400 ET/0800 GMT) Italy Apr Consumer Confidence, 111.2 f'cast, 111.2 prev

(0400 ET/0800 GMT) EZ Apr Markit Mfg Flash PMI, 47.9 f'cast, 47.5 prev

(0400 ET/0800 GMT) EZ Apr Markit Service Flash PMI, 53.2 f'cast, 53.3 prev

(0400 ET/0800 GMT) EZ Apr Markit Comp Flash PMI, 51.8 f'cast, 51.6 prev

(0430 ET/0830 GMT) Great Britain Mar Retail Sales YY, 4.6% f'cast, 4.0% prev

(0500 ET/0900 GMT) Italy Feb Industrial Orders YY NSA, -1.2% prev



Key Events Ahead

(1210 ET/1610 GMT) Atlanta Fed's Raphael Bostic participates in converstion before the Economic Roundtable in Jacksonville, Florida



FX Beat

DXY: The dollar index held firm after the U.S. trade deficit fell to an eight-month low in February as imports from China plunged. Investors now eye signs of progress in U.S.-China trade negotiations. The greenback against a basket of currencies traded 0.05 percent up at 97.05, having touched a low of 96.75 on Friday, its lowest since Mar. 27. FxWirePro's Hourly Dollar Strength Index stood at 27.24 (Neutral) by 0400 GMT.

EUR/USD: The euro steadied as investors attention shifted to the Purchasing Managers' Indexes (PMIs) for the manufacturing and service sectors in Europe, due later in that day that could provide the next indication of strength for the European economy. On Wednesday, the major rose to a 3-week peak after data showed the European Union's trade surplus in goods with the United States increased in the first two months of 2019. The European currency traded 0.05 percent up at 1.1294, having touched a high of 1.1323 on Wednesday, its highest since Mar. 26. FxWirePro's Hourly Euro Strength Index stood at 1.98 (Neutral) by 0400 GMT. Investors’ attention will remain on a series of data from Eurozone economies and EZ Markit flash PMI's, ahead of the U.S. retail sales, unemployment benefit claims, business inventories, Markit prelim PMI's and Fed Bostic's speech. Immediate resistance is located at 1.1331 (Mar. 25 High), a break above targets 1.1361 (Mar. 19 High). On the downside, support is seen at 1.1255 (Apr. 9 Low), a break below could drag it till 1.1213 (Mar. 28 Low).

USD/JPY: The dollar declined, retreating from a 4-month peak recorded in the previous session after an official of the New York Fed stated that the central bank may need to buy more government bonds than it did before the 2008 financial crisis and conduct other money-market operations to implement its current approach to managing U.S. interest rates. The major was trading 0.1 percent down at 111.90, having hit a high of 112.16 on Wednesday, its highest since Dec. 20. FxWirePro's Hourly Yen Strength Index stood at 143.79 (Highly Bullish) by 0400 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. retail sales, unemployment benefit claims, business inventories, Markit prelim PMI's and Fed Bostic's speech. Immediate resistance is located at 112.60 (Dec. 20 High), a break above targets 113.24 (Dec. 5 High). On the downside, support is seen at 111.20 (Apr. 3 Low), a break below could take it lower at 110.53 (Mar. 20 Low).

GBP/USD: Sterling rose after falling to a 1-week low in the previous session after a Reuters poll showed the chances that Brexit will be cancelled are now greater than the chances Britain will leave the European Union without a deal. The major traded 0.05 percent up at 1.3044, having hit a low of 1.3028 on Wednesday; it’s lowest since Apr. 8. FxWirePro's Hourly Sterling Strength Index stood at -46.87 (Neutral) 0400 GMT. Investors’ attention will remain on the UK retail sales, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3121 (Apr. 5 High), a break above could take it near 1.3149 (Apr. 1 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 flat at 86.58 pence, having hit a low of 86.80 on Wednesday, it’s lowest since Mar. 22.

AUD/USD: The Australian dollar consolidated after domestic data showed new jobs surpassed expectations in March but unemployment ticked up as more people went looking for work. The economy created a total 25,700 new jobs in March, surging past expectations for a rise of 12,000, while the unemployment rate rose to 5.0 percent in March from an eight-year trough of 4.9 percent the previous month as the participation rate climbed to 65.7 percent. The Aussie trades flat at 0.7179, having hit a high of 0.7205 on Wednesday; it’s highest since Feb. 21. FxWirePro's Hourly Aussie Strength Index stood at 70.81 (Bullish) by 0400 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7145 (10-DMA), a break below targets 0.7070 (Mar. 29 Low). On the upside, resistance is located at 0.7235 (Jan. 11 High), a break above could take it near 0.7284 (Feb. 1 High).

NZD/USD: The New Zealand dollar plunged, hovering towards a 3-1/2 month low hit in the prior session, as oil prices slipped after U.S. government data overnight showed inventories drew down less than an industry report had suggested. The Kiwi trades 0.1 percent down at 0.6721, having touched a low of 0.6665, its lowest level Jan. 3. FxWirePro's Hourly Kiwi Strength Index was at -42.98 (Neutral) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6758 (Apr. 9 High), a break above could take it near 0.6799 (Apr. 4 High). On the downside, support is seen at 0.6652 (Jan. 2 Low), a break below could drag it below 0.6585 (Jan. 3 Low).



Equities Recap

Asian shares slumped from a 9-month peak, following losses on the Wall Street, while investors awaited business surveys in Europe and Japan.

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

Tokyo's Nikkei declined 0.7 percent to 22,114.01 points, Australia's S&P/ASX 200 index eased 0.1 percent to 6,251.40 points and South Korea's KOSPI plunged 1.3 percent to 2,216.51 points.

Shanghai composite index fell 0.2 percent to 3,257.46 points, while CSI 300 index traded 0.2 percent down at 4,077.48 points.

Hong Kong’s Hang Seng traded 0.5 percent lower at 29,969.87 points. Taiwan shares shed 0.6 percent to 10,932.81 points



Commodities Recap

Crude Oil prices declined, retreating from a 5-month high touched in the previous session as the impact of ample U.S. production offset a surprise drop in U.S. inventories. International benchmark Brent crude was trading 0.1 percent lower at $71.52 per barrel by 0405 GMT, having hit a high of $72.25 on Wednesday, its highest since Nov. 8. U.S. West Texas Intermediate was trading 0.05 percent down at $63.73 a barrel, after rising as high as $64.77 last week, its highest since the Nov. 1.

Gold prices plunged to their lowest this year, and were poised for a fourth straight weekly decline, as recent economic data drove investors towards riskier assets. Spot gold was trading 0.1 percent down at $1,272.29 per ounce by 0408 GMT, having touched a low of $1,271.53, its lowest since Dec. 27. U.S. gold futures dipped 0.2 percent lower to $1,274.50 an ounce.








DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

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






.



Post Reply
Forexmart