15 Mar 2017, 08:40
- Asian equities traded mostly lower as markets remain cautious ahead of today’s FOMC policy announcement
- A similar story has been seen in FX markets with USD relatively rangebound while GBP has found a bid heading into the European open
- Looking ahead, highlights include FOMC rate decision, US CPI and Retail Sales, UK employment data and comments from ECB's...
14 Mar 2017, 13:34
14 Mar 2017, 06:57
- Asia equity markets traded mixed following a similar indecisive lead from Wall St. as a non-committal tone persisted ahead of key risk events.
- UK House of Lords passed the Brexit bill without the EU citizen rights or final vote amendments
- Looking ahead, highlights include German ZEW, US PPI and API Inventories
13 Mar 2017, 07:04
- Asian equities traded mostly positive despite softness in energy markets with Chinese bourses outperforming
- The USD-index remained lacklustre with participants tentative ahead of the FOMC meeting
- Looking ahead, highlights include potential comments from ECB’s Lautenschlaeger, Draghi, Constancio and Praet
10 Mar 2017, 07:09
- Asian equities traded mixed overnight, failing to find direction amid light newsflow
- The USD-index was rangebound just below the 102.00 level as participants await the key risk US jobs data
- Highlights include US nonfarm payrolls, UK industrial and manufacturing production and German trade balance
09 Mar 2017, 11:23
09 Mar 2017, 06:56
- Asian equities traded mostly lower amid downside in commodities and downbeat Chinese inflation data
- In FX markets, the USD remained firm against its major counterparts in the wake of yesterday’s ADP release and potential ramifications for the Fed
- Looking ahead, highlights include ECB rate decision & press conference and US weekly jobs data...
08 Mar 2017, 06:59
- Asian equities traded mixed with notable data releases including downbeat Japanese GDP and Chinese trade figures
- FX markets saw range-bound trade which initially provided the greenback’s major counterparts some mild respite from the recent losses against the USD
- Looking ahead, highlights include US ADP Employment Change, DoEs and the UK...
07 Mar 2017, 06:58
- Asian equities saw a mixed session with the Nikkei 225 tracking fluctuations in USD/JPY with newsflow relatively light overnight
- AUD was a key focus for FX markets after the RBA kept rates unchanged as expected and struck a neutral tone in their statement
- Looking ahead, highlights include US Trade Balance, API Inventories and a US 3yr Auction
06 Mar 2017, 06:53
- Asian equities pared some of their opening losses that were triggered by China lowering their GDP target and North Korean led geopolitical tensions
- FX price action was relatively light with USD nursing some losses against counterparts, although still remained subdued from last Friday’s Yellen comments
- Looking ahead, highlights include US Factory Orders, Durable Goods and Fed’s Kashkari (not set so speak...
03 Mar 2017, 06:53
- Asian equities finished the week mostly lower after the recent Wall St. rally paused for breath yesterday
- USD pared some gains but ultimately remained firmer with the USD-index above 102.00
- Looking ahead, highlights include UK and US services PMI, Fed’s Evans, Powell, Yellen and Fischer
02 Mar 2017, 06:56
- Asian bourses traded higher after yet another record day for Wall St. as financials continue to remain supported by the prospects of a Fed March hike
- USD was once again bolstered by central bank comments with Fed’s Brainard adding to the recent hawkish rhetoric
- Looking ahead, highlights include EU CPI, U.S Initial Jobless Claims, Canadian GDP, Fed's Powell and ECB'S...
01 Mar 2017, 07:06
- US President Trump revealed some of the details of his upcoming plans, although left markets slightly disappointed over the lack of specifics
- Asian equities traded mostly higher amid upbeat data, while USD was firmer amid hawkish Fed rhetoric
- Highlights include the German jobs report, UK mfg PMI, German CPI, US Personal Income, BoC rate decision, construction...