Asia Day Ahead: China’s PMI Mixed, BOJ Minutes Well-Received by Nikkei
The softening in US August core PCE inflation failed to drive a sustained rebound in Wall Street last Friday. China and Hong Kong markets are closed today.
Asia Day Ahead: Gold at March 2023 low, USD/JPY Hovers Below Key 150.00 Level
A slight breather in the Treasury yields rally allowed Wall Street to turn in a positive session overnight, while VIX retraced for the second straight day.
Asia Day Ahead: Nikkei at Near-Term Support, Brent Crude Eyeing September High
Wall Street managed to stabilise overnight from its recent sell-off, despite another climb in Treasury yields and a pull-ahead in the US dollar.
Asia Day Ahead: AUD/USD Stuck in a Range, Silver Eyes retest of Trendline Support
Elevated Treasury yields, higher oil prices and a gridlock in the US government funding bill serve as prevailing risks for markets to digest.
Asia Day Ahead: Risk mood remains cautious, USD/SGD at nine-month high
Major US indices attempted to bounce off their respective near-term support last Friday, but gains failed to sustain into the latter half of the session as selling pressures dominate
Asia Day Ahead: Risk-off Sentiment in place, BoJ Meeting on the Radar
Major US indices are finding themselves at a critical juncture, with the S&P 500 and the Nasdaq 100 back to retest their respective key support levels.
Asia Week Ahead: Fed’s Hawkish Takeaway Pushes Up USD, Weighs on AUD/USD, Gold
A high-for-longer rate outlook was the clear takeaway from the recent Fed meeting, as US Treasury yields found the validation to push on further with their 16-year highs.
Asia Day Ahead: Sentiments on hold for Fed meeting, China’s loan prime rate in focus
Further de-risking took hold of Wall Street, as the usual caution persisted ahead of the FOMC meeting. Treasury yields resumed their ascent to retest their multi-year highs.
Gold Price Gains Amid Risk Aversion Ahead of Fed, BoE and BoJ. Higher XAU/USD?
Spot gold made headway today with China’s property sector revisiting its debt profile as markets contemplate central bank actions this week. Will XAU/USD break the range?
Asia Day Ahead: Eyes on US CPI ahead, Brent crude prices at new 10-month high
Focus for US CPI will be on whether a softer core inflation read will be sufficient for the Fed to keep rates on hold ahead, despite a resurgence in headline pricing pressures.