Data released today showed that existing home sales rose 1.9% during October. Lower mortgage rates continue to boost sales, which are up 4.6% over the
AUD/USD is currently trading at 0.6787 and oscillates between a range of 0.6785 and 0.6814 on the day so far. Trade wars and the RBA are the main them
Despite weaker economic fundamentals, analysts at CIBC expect the British pound to appreciate into year-end on the back of domestic politics, and furt
Trump Weighs a new trade investigation to justify tariffs on EU, in an article written in the Politico. Introduction paragraph Trump administration of
The EUR/USD pair continued to decline during the American session and bottomed at 1.1055, slightly above yesterday’s low. Earlier today the pair reach
US House Democrat Neal: No deal on USMCA today... Key comments: Progress was made. Could be discussed later in year. FX implications: More to come...
The Global Times Chief in Editor, Hu Xijin , as crossed the wires via Twitter with the following statement: "The US has the upper hand in US-China tra
The USD/JPY pair rose modestly in the last hour boosted by the improving market sentiment and was last seen trading at 108.65, adding 0.05% on a daily
Euro/Dollar, on the daily chart, is trading in a bear trend below downward sloping 100 and 200-day simple moving averages (DMAs). This Thursday, the market re
United States 10-Year Note Auction: 0.149% vs previous 1.809%
EUR/JPY is trading in a bear trend below its 200-day simple moving average (DMA). The market is currently in correction mode after the October bull run as the
Oil prices have been trading on the bid over the past twenty-four hours, with West Texas Intermediate crude, (WTI), rising from a low of $56.59 to a h
Commenting on Bank of Canada (BOC) Governor Stephen Poloz's comments on Thursday, "Governor Poloz surprised markets with a relatively hawkish tone in
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, said the business investment will pick up if there are resolutions in trade wars
Cleveland Fed President Loretta Mester said that she would re-evaluate the monetary policy if there were signs of weakness in hiring or consumer spend
After advancing to its highest level in more than a month at 1.3327 earlier in the day, the USD/CAD pair came under strong bearish pressure during the
DXY (US Dollar Index) is trading in an uptrend above its 200-day simple moving average (DMA). This Thursday, the market is stabilizing in the 97.70-98.00 price
Commenting on the European Central Bank's (ECB) October meeting accounts, "the assessment of the economy and discussions about the risks surrounding t
United States 4-Week Bill Auction: 1.55% vs previous 1.565%
The GBP/USD pair dropped from the highest level since Monday at 1.2969 to 1.2912, slightly above Asian session lows. The reversal took place amid a st
EUR/USD, on the daily chart, is trading in a downtrend below downward sloping 100 and 200-day simple moving averages (DMAs). The market is rejecting the 1.110
The SCMP is reporting that a high-profile signing ceremony of the Hong-Kong bill may anger China. EUR/USD and GBP/USD are on the back foot. More comin
United States EIA Natural Gas Storage Change came in at -94B below forecasts (18B) in November 15
Bitcoin Price Loses $8,000 Support Bitcoin (BTC) fell below $8,000 on Nov. 21, after several days of downward price pressure finally cost the cryptocurrency
Wall Street's main indexes started the day modestly lower on Thursday as investors continue to assess the latest developments surrounding the United S
European Monetary Union Consumer Confidence came in at -7.2, above forecasts (-7.3) in November
United States Existing Home Sales (MoM) came in at 5.46M below forecasts (5.47M) in October
United States Existing Home Sales Change (MoM) came in at 1.9%, above expectations (1.4%) in October
Gold: failure to capitalize on momentum may disappoint bulls The failure of gold to push ahead in its recovery momentum will come as a disappointment
Euro/dollar, on the daily chart, is trading in a bear trend below its downward sloping 100 and 200-day simple moving averages (DMAs). The market is trapped in
The US Dollar Index (DXY), which tracks the buck vs. a bundle of its main competitors, alternates gains with losses on Thursday around the 97.80/90 ar
Aurora Cannabis Incorporated (ACB), the Edmonton-based company, has leaped by over 12% on Wednesday and closed at a price of $3.50. Its recent rises d
While speaking at an event organized by the Ontario Securities Commission in Toronto on Thursday, Bank of Canada (BOC) Governor Stephen Poloz said tha
According to analysts at Nordea Markets, the ECB will ease policy again next year as the October monetary policy account indicates that the Governing
After advancing to a fresh daily high of 0.6815 in the early trading hours of the American session, the AUD/USD pair lost its traction and erased its
USD/JPY is still seen testing the 108.00 area in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “Expectation for USD
In view of FX Strategists at UOB Group, a move to the 0.6465 level in NZD/USD seems to have lost momentum as of late. Key Quotes 24-hour view: “Our ex
Buying interest around the British pound picked up some pace in the last hour and pushed the GBP/USD pair back above mid-1.2900s, closer to the top en
EUR/USD keeps the firm note so far in the second half of the week and managed to advance to fresh weekly highs in levels just shy of the 1.1100 mark e
Belgium Consumer Confidence Index climbed from previous -8 to -6 in November
According to FX Strategists at UOB Group, there is still room for Cable to advance beyond the key 1.30 mark in the near term. Key Quotes 24-hour view:
The Sterling is clinging to the November highs approaching the 1.3000 handle while above its main daily simple moving averages (DMAs).
In opinion of FX Strategists at UOB Group, EUR/USD is seen extending the consolidative phase in the next weeks. Key Quotes 24-hour view: “Expectation
The economic activity in the Third Federal Reserve District's manufacturing sector expanded at a stronger pace than expected in November with the Phil
Gold seems to have stalled its recent corrective bounce from three-month lows and witnessed a modest pullback from previous support, now turned resist
Canada ADP Employment Change came in at -22.6K below forecasts (53.3K) in October
United States Philadelphia Fed Manufacturing Survey came in at 10.4, above forecasts (7) in November
United States Continuing Jobless Claims registered at 1.695M above expectations (1.685M) in November 8
United States Initial Jobless Claims above expectations (219K) in November 15: Actual (227K)
United States Initial Jobless Claims 4-week average registered at 221K above expectations (218.182K) in November 15
The USD/JPY pair gained traction in the last hour after the latest headlines surrounding the United State (US)-China trade conflict triggered fresh ri
South Africa SARB Interest Rate Decision in line with forecasts (6.5%)
The United States could opt-out to delay the tariff hike that is scheduled to go into effect on December 15th even if a trade deal with China is not c
Russia Central Bank Reserves $ down to $540.1B from previous $541.1B
Prakash Sakpal – Asian Economist at ING – offered his take on the ongoing US-China trade disputes and its impact on China's economic growth. Key Quote
Analysts at TD Securities (TDS) offered a brief preview of some second-tier US economic releases on Thursday, though the market will continue to look
A plea was made for patience to allow the measures taken in September to work through the economy, supporting a wait and see posture at the current ju
The index is now prolonging the consolidation after the recent failure to extend the march north beyond the key barrier at 98.00 the figure. Immediate
The USD/CAD pair consolidated its recent gains to multi-week tops and was seen oscillating in a narrow trading band, around the 1.3300 handle through
The price action in EUR/JPY continues to struggle with the 21-day SMA in the vicinity of 120.50. The persistent inability of the cross to surpass this
Following the publication of its general election manifesto on Thursday, British opposition Labour Party's leader, Jeremy Corbyn, said that another Sc
Analysts at TD Securities (TDS) provided a brief insight over Thursday's key event, a scheduled speech by the BoC Governor Poloz, due later during the
Support for the British Prime Minister Boris Johnson's Conservative Party in the upcoming election increased by three points to 44%, an opinion poll c
Prakash Sakpal – Asian Economist at ING – offered his take on the Indian economy and what could be expected from the next Reserve Bank of India (RBI)
The NZD/USD pair tested the 0.6400 mark for the second straight day on Thursday but didn't have a difficult time reversing its direction. As of writin
The referendum on Brexit will be legally binding and EU nationals will be granted the automatic right to continue living and working in the United Kin
The Organization of the Petroleum Exporting Countries (OPEC) has so far no plans to deepen the current oil output cuts during the December meeting, Re
China will not resort to a "flood-style" strong stimulus, China's Premier Li Keqiang noted on Thursday and added that they are confident about achievi
The AUD/USD pair jumped to fresh session tops in the last hour, albeit seemed struggling to extend the momentum further beyond the 0.6800 round-figure
China's chief trade negotiator has invited trade negotiators of the United States for in-person talks, reported The Wall Street Journal's Lingling Wei
Spain 5-y Bond Auction up to -0.106% from previous -0.199%
Spain 10-y Obligaciones Auction up to 0.409% from previous 0.3%
In its updated economic growth forecasts, the Organisation for Economic Co-Operation and Development (OECD) said the global growth is expected to be 2
In its latest report published on Thursday, the global rating agency, Moody’s Investors Service, revised down its 2022 outlook on the Emerging Markets
WTI fades bounce to 200-day EMA following an escalation in US-China tussle With the trade/political jitters between the world’s top two economies lik
WTI (oil futures on NYMEX) struggles to regain the 57 handle, as the bears retain control amid looming trade risks that keep the sentiment around the
additional important levels Overview Today last price 71.8225 Today Daily Change 0.0435 Today Daily Change % 0.06% Today daily open 71.779 Trends Dai
The USD/INR pair continued with its struggle to build on its attempted moves beyond the 72.00 handle and remained confined well within a three-day-old
United Kingdom Public Sector Net Borrowing above expectations (£8.6B) in October: Actual (£10.509B)
Analysts at Australia and New Zealand Banking Group (ANZ) offer their quick reaction to the Indonesian monetary policy decision announced earlier this
The USD/CAD pair held steady near multi-week tops, just above the 1.3300 handle, with bulls still awaiting a sustained breakthrough a 5-1/2 month-old
The latest data compiled for Reuters from the Federal Statistics Office showed on Thursday, the German exports to the US jumped in the third quarter o
Gold prices have been holding steady on Thursday above $1470 supported by concerns that U.S. legislation in Hong Kong could increase tensions between the Unite
Suan Teck Kin, CFA, Head of Research at UOB Group, reviewed the recent move in the Chinese Loan Prime Rate (LPR). Key Quotes “China’s Loan Prime Rate
Edward Lee – Chief Economist ASEAN and South Asia at Standard Chartered Bank – offered his take on Singapore’s final GDP report, which confirmed that
In view of Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, the pair still looks offered as long as it trades below the 0.9963
EUR/USD maintains the sideline theme in the upper end of the weekly range in the 1.1080/90 band amidst a steady greenback. EUR/USD focused on trade, E
Hong Kong SAR Consumer Price Index came in at 3.1%, below expectations (3.3%) in October
The USD/JPY pair reversed an early dip to one-week lows and climbed to fresh session tops in the last hour, albeit lacked follow-through. The pair ext
A senior Chinese diplomat Wang Yi was out with some comments in the last hour, reiterating that China resolutely opposes US lawmakers passing the Hon
The latest Reuters poll showed that the bearish sentiment on the Asian currencies resurfaced over the past two weeks, as expectations of an interim US
Switzerland Industrial Production (YoY) up to 8% in 3Q from previous 4.8%
France Business Climate meets forecasts (100) in November
According to the analysts at Deutsche Bank the ECB monetary policy account and Fed speak will be closely watched among second-tier US macro releases i
Sean Callow, Senior Currency Strategist at Westpac offered his take on the recent escalation of the US-China trade disputes, which might keep a lid on
China’s Foreign Ministry spokesman Geng Shuang came out on the wires, via Reuters, urging the US to prevent the HK bill from turning into law.
Gold edged lower through the Asian session on Thursday and is currently placed near the lower end of its daily trading range, around the $1470 region.
Indonesia Bank Indonesia Rate meets forecasts (5%) in November
At its November monetary policy meeting on Thursday, Indonesia’s central bank, Bank Indonesia (BI), left its 7-day reverse repo rate unchanged at 5.00
The latest statement is out from China’s Commerce Ministry on the US-China trade talks and likely trade deal. Key Quotes: Trade teams will continue to
GBP/USD has been gradually recovering from the downfall it suffered after the televised debate between the leaders of Britain's largest parties. How i
Turkey Consumer Confidence increased to 59.9 in November from previous 57
Denmark Consumer Confidence dipped from previous 1.7 to 1.4 in November
The US-based global rating agency, Moody’s Investors Service, revised down their outlook on the German banking system, with the key highlights found b
CME Group’s advanced data for JPY futures markets noted open interest rose for the second consecutive session on Wednesday, now by around 1.4K contrac
Here is what you need to know on Thursday, November 21: Trade: Chinese Vice Premier Liu He has said that he is cautiously optimistic about reaching Ph
In light of flash data for GBP futures markets from CME Group, investors added just 646 contracts to their open interest positions on Wednesday, rever
The ING Bank analysts noted that Thailand’s “accelerated trade decline in October tells us more about past history than the current trend, which alrea
According to Danske Bank analysts, Thursday's key focus will be on the incoming US-China trade-related headlines and the release of the minutes from t
Petroleum Association of Japan (PAJ) President Takashi Tsukioka was on the wires earlier on Thursday, via Reuters, OPEC and other producers are likely
UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting assessed the recently published inflation figures in Malaysia. Key Quotes “Headlin
FX option expiries for Nov 21 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0950 684m 1.1000 1.2bn 1.1025 605m
According to Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, the pair could still move to the 1.1180 region if clears the area
Open interest in EUR futures markets rose for the second consecutive session on Wednesday, this time by around 1.7K contracts according to preliminary
The greenback, when tracked by the US Dollar Index (DXY), is struggling for direction in the proximity of 97.90 on Thursday. US Dollar Index focused o
The risk-off sentiment remained at full steam in Asia this Thursday, mainly in response to the reports of a potential delay in the US-China trade deal
With the global ire over the US-China trade differences beating equities from the front and the center, Asian stocks keep the red.
Netherlands, The Consumer Spending Volume rose from previous 1.4% to 2.2% in September
Netherlands, The Unemployment Rate s.a (3M) unchanged at 3.5% in October
Netherlands, The Consumer Confidence Adj down to -2 in November from previous -1
While failure to break 200-bar SMA and 50% Fibonacci retracement speaks loudly of the USD/CHF pair’s weakness, a month-old symmetrical triangle is in focus.
GBP/USD recovers as Tory supporters ignore the previous day’s ITV debate, not to forget a surprise turnaround in the opposition Labour party loyalist.
Reuters reports the latest comments from the former People’s Bank of China (PBOC) Governor Zhou Xiaochuan, as he says that China still has room for fu
The Nordea Markets analysts offer their afterthoughts on the US Federal Reserve (Fed) Oct meeting minutes released on Wednesday. Key Quotes: “The FOMC
With the mixed sentiment surrounding the US-China deal keeping the USD on the front-foot, USD/INR finds it hard to extend earlier gains.
Japan All Industry Activity Index (MoM) registered at 1.5% above expectations (-0.2%) in September
In its latest tweet, the Chinese news outlet Global Times, highlighted the looming risks for the US should President Trump signs the Hong Kong bill in
According to Iris Pang, Economist, Greater China at ING Bank, there could be more monetary policy moves by the People’s Bank of China (PBOC) in the pi
EUR/USD is looking heavy ahead of the minutes of the European Central Bank's (ECB) October policy meeting, which are expected to show the members stan
The NZD/USD pair’s declines below 23.6% Fibonacci retracement pushes sellers to look for confirmation of the bearish chart pattern.
AUD/USD has recovered from session lows, but the bulls are not out of the woods yet as a bearish pattern on the 4-hour chart is still valid. The curre
Speaking at an event in Beijing, the new International Monetary Fund Managing (IMF) Director Kristalina Georgieva noted that “we should move from trad
Although the United States’ (US) support for Hong Kong protesters favors the broad risk-off momentum, the mixed response from Chinese diplomats troubles Gold.
We are strongly opposed to the passage of the Hong Kong bill in the House. US bills will not help to ease the social unrest. Sends the wrong signal to
Chinese economy has maintained stable performance this year We are confident we will achieve the main social and economic targets this year China will
USD/JPY eked out moderate recovery from the 200-day moving average support after China's Vice Premier and trade negotiator Liu He noted that he is "ca
According to an Economist at a Chinese Think Tank, the Hong Kong issue is definitely a negative factor in the US-China trade talks.
The Australian Financial Review (AFR) reports the latest comments from Moody's Senior Credit Officer John Manning after the global rating agency downg
Oil prices on both sides of the Atlantic are flashing red amid warning US-China trade optimism and the resulting risk-off tone in the global markets.
China’s Vice-Premier Liu: "Cautiously optimistic" about reaching a trade deal
On Thursday, the German Finance Ministry, in its monthly report, highlighted the risks of global economic slowdown and ongoing trade war while expecti
EUR/USD's recovery rally from recent lows below 1.10 has stalled around the key Fibonacci level and a pullback could be in the offing. The currency pa
Amid all the pessimism surrounding Asian economies, mainly due to the trade war between the United States (US) and China, Standard Chartered stand outs.
The Goldman Sachs analysts, in their latest client note, said that they believe the global economic growth to pick up in response to easier financial
US Defence Secretary, Esper, is crossing the wires and has said that the response from North Korea was not a positive one, touching on the matter of U
Gold is currently reporting marginal gains, but will likely come under pressure during the day ahead, according to technical charts. The yellow metal
Analysts at the Australia and New Zealand Banking Group (ANZ) are of the opinion that the European Union (EU) requires a drastic thought process.
Following its lower high formation since Monday, AUD/JPY tests the key support confluence while taking rounds to 73.60 during Thursday’s Asian session.
Clubbed between the US-China trade angst and a less likely offer of the fifth rate cut from BI, the USD/IDR pair takes rounds to 14,100.
Chinese Vice President Wang is crossing the wires, saying that the 'International Order Is Under Attack' ... Additional comments Must make sensible de
The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0217, beating the expected fix of 7.0209 and up from Wednesday's fix of 7.0118.
The Bank of Japan (BOJ) now holds a staggering 43.5% of all outstanding Japanese government debt, Jeroen Blokland, Portfolio Manager for the Robeco Mu
U.S. HOUSE INTELLIGENCE COMMITTEE, ALONG PARTY LINES, VOTES DOWN REPUBLICAN REQUEST TO COMPEL TESTIMONY BY IMPEACHMENT WHISTLEBLOWER AND HUNTER BIDEN
The People's Bank of China (PBOC) is expected to announce the daily Yuan fix at 7.0209 per US Dollar on Thursday, having set the reference rate at 7.0
Extending its sustained run-up beyond 200-day SMA and a descending trend line since May-end, USD/CAD is all set to challenge 1.3340/50 supply-zone.
China's offshore Yuan (CNH) is losing ground in Asia, possibly on fading trade optimism. A US-China trade deal is unlikely to happen this year, source
USD/JPY is on the back foot in a risk-off climate following the news that the US Senate unanimously approved a bill to place trade pressure on Hong Ko
Singapore Gross Domestic Product (QoQ) meets expectations (2.1%) in 3Q
With the trade/political jitters between the world’s top two economies likely challenging global energy demand, WTI stops the recent recovery below 200-day EMA.
Spot gold is currently trading at $1,473.51 at the time of writing, slightly off -0.08% having moved within a $12 range between $1,466.02 and $1,478.8
Singapore Gross Domestic Product (YoY) in line with forecasts (0.5%) in 3Q
With it’s yet another U-turn from 10-day EMA, USD/INR takes the bids to 72.00 during Thursday’s Asian session.
Japan Foreign Bond Investment down to ¥119.4B in November 15 from previous ¥528.8B
Japan Foreign Investment in Japan Stocks fell from previous ¥569.5B to ¥110.3B in November 15
Adding to the previous disagreements over phase one deal, the US Hosue of Representatives’ approval to the Hong Kong bill offers further weigh on AUD/JPY.
With the US House of Representatives passing the Hong Kong Bill, coupled with the President Trump’s trade-negative statements, AUD/USD remains on the back foot.
Global rating giant Moody’s recently crossed wires while spreading analysis of Australia economy. The rating major previous cut down Australian economy.
US Pres Trump Is Expected To Sign The Hong Kong Bill Into Law, According To Someone Familiar With The Matter... More to come
Following the Senate’s approval to the Hong Kong bill, the US House of Representatives passes it.
The United States (US) President Donald Trump crosses wires, via Reuters, while giving further negative signals surrounding the phase one deal with China.
Magnifying the uncertainty surrounding the phase one deal between the United States (US) and China, CNBC’s Kayla Tausche recently crossed wires.