Asia Day Ahead: Mixed Showing in Asia as Markets Digest NFLX, TSLA Earnings
After-market earnings releases from Netflix and Tesla have brought about a mixed showing in US equity futures this morning.
Catch-up Gain in Value Sectors Overnight, Focus Remains on US Earnings: DJIA, NZD/USD,GBP/USD
Better-than-expected earnings results from major US banks provided the go-ahead for the Wall Street rally to continue, with some catch-up gains in the value sectors.
Euro Ekes Out Gains as the US Dollar Reins in the Bears for Now. Where to for EUR/USD?
The Euro printed a new high despite the US Dollar pausing in its descent going into Tuesday’s session with next week’s ECB and Fed meetings moving into view. Will EUR/USD reverse?
Sentiment Awaiting Cues from Key US Earnings Releases Ahead: Brent crude, AUD/JPY, Natural Gas
Wall Street started the new trading week on a positive footing, as risk appetite rose ahead of several key earnings releases this week.
US Dollar Finds Traction While China GDP Misses Estimates. Where to for USD?
The US Dollar consolidated to start the week while soft Chinese GDP numbers highlight growing concern for the economic recovery there. With the Fed in a blackout, where to for USD?
Asia Day Ahead: Subdued Start to the Week Ahead of Key China Data
Earnings results from major US banks were somewhat mixed to end last week, with the Financial Select Sector SPDR Fund having formed a bearish engulfing candle on its daily chart.
Asia Day Ahead: US Mega-Cap Tech Build on Gains; Singapore Avoids Technical Recession
Following a downside surprise in the recent US CPI data, the release of US June producer prices overnight further reinforces the narrative of abating inflation risks.
Asia Day Ahead: Promising US Inflation Progress Drives Upbeat Market Mood
Lower-than-expected read in US inflation suggests that the tightening cycle from the Fed thus far are having its desired effect in moderating pricing pressures.
US Dollar Slips While Japanese Yen Rallies Ahead of US CPI. New Lows for USD?
The US Dollar descent continued going into today’s much anticipated US CPI data point. The Japanese Yen has moved into the box seat with speculation of the BoJ shifting gears.
Gold Price Firms While US Dollar Eases as Treasury Yields Dip. Where to for XAU/USD?
The gold price is inching higher while the US Dollar slides going into Tuesday despite several Fed speakers getting hawkish, mostly. Will Wednesday’s US CPI hold the keys to XAU/USD direction?