Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Flat, Crude Oil Up, Stocks Mixed In Asia Gold: Gold prices held steady Friday after rising above $1,280 in Thursday’s session. Spot gold was steady at $1,283.56 oz by 0415 GMT, US gold futures for June were down 0.2% at 1,283.10. Gold has found a […]

Australia: S&P/ASX 200 (.AXJO) shares closed lower, weighed by the major banks

Australia: S&P/ASX 200 (.AXJO) shares closed lower, weighed by the major banks

Australia: S&P/ASX 200 (.AXJO) shares closed lower, weighed by the major banks Australian shares ended a six day advance on Thursday despite rallying through the session, as the local market recorded its first loss since the Federal election on Saturday. The S&P/ASX 200 Index fell 18.9 points, or 0.3 per cent, to 6491.8 while the […]

Australian Dollar: USD/AUD (AUD=X) can’t find a way out of the darkness

Australian Dollar: USD/AUD (AUD=X) can’t find a way out of the darkness

Australian Dollar: USD/AUD (AUD=X) can’t find a way out of the darkness The Australian dollar can’t find a way out of the darkness. The AUD has been falling since January 2019 and it seems that the situation only worsens. Let’s see what factors will affect the currency in the middle term. On the daily chart of AUD/USD, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Up, Crude Oil Down, Stocks Down Notes: Investors bet most Asian currencies will come under further pressure, a Reuters poll showed, with trade tensions between the United States and China firmly dominating headlines once again. US Crude Oil inventories rose last week, hitting their […]

Australian Dollar: USD/AUD (AUD=X) indicators pointed lower

Australian Dollar: USD/AUD (AUD=X) indicators pointed lower

Australian Dollar: USD/AUD (AUD=X) indicators pointed lower AUD/USD has posted small losses on Wednesday. Currently, the pair is trading at 0.6875, down 0.12% on the day. On the release front, Australian indicators pointed lower. The MI Leading Index dropped 0.1%, while the Construction Index declined 1.9%, much weaker than the estimate of a 0.1% gain. […]

Australia: S&P/ASX 200 (.AXJO) relief rally and rotation in equities sparked by the election outcome was given a further boost

Australia: S&P/ASX 200 (.AXJO) relief rally and rotation in equities sparked by the election outcome was given a further boost

Australia: S&P/ASX 200 (.AXJO) relief rally and rotation in equities sparked by the election outcome was given a further boost Australian shares closed higher for a sixth straight session on Wednesday, as the market rebounded from a loss during morning trade for the second time in as many days and extended its 11-year high. The […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Up, Crude Oil Down, Stocks Down Notes: Gold is now more than 5% below its late-February 2019 high at $1,346.73 oz. Investors await the release of the Fed’s mins at 1800 GMT, which is expected to provide insights into the 1 May meeting by […]

Australian Dollar: USD/AUD (AUD=X) support underneath at the 0.68 level

Australian Dollar: USD/AUD (AUD=X) support underneath at the 0.68 level

Australian Dollar: USD/AUD (AUD=X) support underneath at the 0.68 level The Australian dollar fell hard during the trading session on Tuesday, breaking down to the gap, showing extreme negativity. Quite frankly at this point I would be hesitant to buy this market, at least after what we have seen over the last 24 hours or so. […]

Australia: S&P/ASX 200 (.AXJO) banking sector continues to drive this positivity

Australia: S&P/ASX 200 (.AXJO) banking sector continues to drive this positivity

Australia: S&P/ASX 200 (.AXJO) banking sector continues to drive this positivity After rising 1.74% on May 20 on the back of a surprise election victory for the incumbent, Scott Morrison, Australia’s S&P/ASX 200 gained again on May 21. The index fell in early trading but maintained a positive trajectory thereafter. With markets anticipating a rate […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Up, Crude Oil Up, Stocks Up Notes: President Trump Monday threatened Iran with “great force” if it attacked US interests in the Middle East. This came after a rocket attack in Iraq’s capital Baghdad, which Washington suspects to have been organized by militia with […]

Australian Dollar: USD/AUD (AUD=X) RBA minutes and Lowe speech threaten AUD’s gains

Australian Dollar: USD/AUD (AUD=X) RBA minutes and Lowe speech threaten AUD’s gains

Australian Dollar: USD/AUD (AUD=X) RBA minutes and Lowe speech threaten AUD’s gains The Australian Dollar was riding high at the top of the G10 league table Monday following a surprise win for the coalition government in Sunday’s general election, although analysts are saying that gains for the Antipodean currency could prove short-lived. Australia’s Liberal Party […]

Australia: S&P/ASX 200 (.AXJO) gains are thanks solely to the financial sector

Australia: S&P/ASX 200 (.AXJO) gains are thanks solely to the financial sector

Australia: S&P/ASX 200 (.AXJO) gains are thanks solely to the financial sector The S&P/ASX 200 has closed 1.7 per cent higher at 6476, the highest since 14 December, 2007. The gains are thanks solely to the financial sector, which had multiple negative overhangs removed with the Coalition’s victory on Saturday. Financial stocks gained 5.6 per cent […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Unch, USD Up, Crude Oil Up, Stocks Up Notes: United Arab Emirates (UAE) Energy Minister Suhail al-Mazrouei earlier told reporters that producers were capable of filling any market gap and that relaxing supply cuts was not “the right decision.” President Trump Tweeted that a conflict […]

Australian Dollar: USD/AUD (AUD=X) rise in the unemployment rate in April and China dashing hopes the trade spat would be ended soon

Australian Dollar: USD/AUD (AUD=X) rise in the unemployment rate in April and China dashing hopes the trade spat would be ended soon

Australian Dollar: USD/AUD (AUD=X) rise in the unemployment rate in April and China dashing hopes the trade spat would be ended soon Australia’s dollar jumped at the market open after the nation’s center-right government clung to power in a surprise election victory at the weekend. The Aussie was indicated 0.8 percent stronger in early trading at 69.26 […]

Australia: S&P/ASX 200 (.AXJO) Banking sector continues to weaken as New Zealand bites ANZ

Australia: S&P/ASX 200 (.AXJO) Banking sector continues to weaken as New Zealand bites ANZ

Australia: S&P/ASX 200 (.AXJO) Banking sector continues to weaken as New Zealand bites ANZ One was a continued weakness in the banking sector, particularly after the Reserve Bank of New Zealand (RBNZ) came down particularly hard on ANZ (ASX: ANZ) for not complying correctly with reserve capital requirements. Under the New Zealand – and Australian […]

Bob Hawke, Australia’s 23rd prime minister and Labor Party legend, has died at the age of 89

Bob Hawke, Australia’s 23rd prime minister and Labor Party legend, has died at the age of 89

Key points: Bob Hawke was prime minister from 1983 to 1991, making him the longest-serving Labor PM He is survived by wife Blanche d’Alpuget, and his three children — Susan, Stephen and Rosslyn Current party leader Bill Shorten said Mr Hawke was the labour movement’s “greatest son” Bob Hawke, one of Australia’s greatest prime ministers, […]

Australia: S&P/ASX 200 (.AXJO) recovering from early weakness

Australia: S&P/ASX 200 (.AXJO) recovering from early weakness

Australia: S&P/ASX 200 (.AXJO) recovering from early weakness The Australian share market has recovered from early weakness to finish higher, with every sector rising except banking as Westpac traded ex-dividend. The benchmark S&P/ASX200 index hit its highest level in the final minutes of trade to close up 43.6 points, or 0.69 per cent, to 6,327.8 […]

Australian Dollar: USD/AUD (AUD=X) now the most important domestic data release when it comes to the outlook for RBA policy rates

Australian Dollar: USD/AUD (AUD=X) now the most important domestic data release when it comes to the outlook for RBA policy rates

Australian Dollar: USD/AUD (AUD=X) now the most important domestic data release when it comes to the outlook for RBA policy rates In what’s fast becoming a familiar theme, the Aussie weakened against all major crosses except the British pound during the session, failing to garner any support despite a further modest improvement in investor risk […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Flat, USD Flat, Crude Oil Up, Stocks Mixed Notes: Long term prospects for EUR are not bright, given the region’s soft economic fundamentals. But the news on the auto tariff delay is helping the single currency establish support at $1.1200 Growth in China’s industrial output slowed […]

Australian Dollar: USD/AUD (AUD=X) remains pressured despite a modest improvement in investor risk appetite

Australian Dollar: USD/AUD (AUD=X) remains pressured despite a modest improvement in investor risk appetite

Australian Dollar: USD/AUD (AUD=X) remains pressured despite a modest improvement in investor risk appetite The Australian dollar remains pressured with traders paying scant regard to a modest rebound in stocks and commodities on Tuesday. With the exception of the Japanese yen and British pound, the movements in the AUD elsewhere were negligible despite renewed confidence […]

Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves

Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves

Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves Australian shares rebounded firmly on Wednesday, recovering almost all their losses from the previous session, as upbeat comments from US President Donald Trump soothed investors’ nerves. The S&P/ASX 200 Index rose 44.3 points, or 0.7 per cent, to 6284.2 while the broader […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Steady, Crude Oil Off, Stocks Up Notes: The FX (foreign exchange) market showed little reaction to worse-than-expected growth in Chinese industrial output and retail sales for April that underlined the need for Beijing to roll out more stimulus measures to support the world’s 2nd-largest […]

Australia: S&P/ASX 200 (.AXJO) plummeted after renewed concerns about US-Chinese trade tensions

Australia: S&P/ASX 200 (.AXJO) plummeted after renewed concerns about US-Chinese trade tensions

Australia: S&P/ASX 200 (.AXJO) plummeted after renewed concerns about US-Chinese trade tensions The Australian share market has plummeted after renewed concerns about US-Chinese trade tensions led to large losses on Wall Street overnight. The benchmark S&P/ASX200 index was down 57.7 points, or 0.92 per cent, to 6,239.9 points at 1615 AEST on Tuesday, while the […]

Australian Dollar: USD/AUD (AUD=X) could weaken further

Australian Dollar: USD/AUD (AUD=X) could weaken further

Australian Dollar: USD/AUD (AUD=X) could weaken further Vastly improved downward momentum suggests AUD could weaken further but 0.6910 could be just out of reach for now. The anticipated weakness in AUD exceeded our expectation as it not only cracked 0.6970 but also the strong level of 0.6950 (overnight low of 0.6941). The vastly improved downward […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

2$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Flat, Crude Oil Up, Stocks Down Notes: President Trump increased pressure on China to reach a trade deal, as he hiked US tariffs on $200-B worth of Chinese goods, and now targets $325-B more. Middle East focus: Saudi Arabia Monday said that 2 […]

Australia: S&P/ASX 200 (.AXJO) banks went ex-dividend and housing finance approvals came in weaker than expected

Australia: S&P/ASX 200 (.AXJO) banks went ex-dividend and housing finance approvals came in weaker than expected

Australia: S&P/ASX 200 (.AXJO) banks went ex-dividend and housing finance approvals came in weaker than expected The Australian share market has closed lower, pulled down by the financial sector as two banks went ex-dividend and housing finance approvals came in weaker than expected. The benchmark S&P/ASX200 index finished down 13.3 points, or 0.21 per cent, […]

Australian Dollar: USD/AUD (AUD=X) falling back into key support level

Australian Dollar: USD/AUD (AUD=X) falling back into key support level

Australian Dollar: USD/AUD (AUD=X) falling back into key support level AUD/USD has been in consolidation mode over the past fortnight, with the pair exhibiting lower highs and largely flatlining lows during that time. We are seeing a return to that $0.6962 support level this morning, with the reaction to that level likely to prove key to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

2$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Flat, Crude Oil Mixed, Stocks Down Notes: President Trump increased pressure on China to reach a trade deal, as he hiked US tariffs on $200-B worth of Chinese goods, and now targets $325-B more. The UAE said Sunday that 4 commercial vessels were […]

Australia: S&P/ASX 200 (.AXJO) poised to start Monday trade on a positive note

Australia: S&P/ASX 200 (.AXJO) poised to start Monday trade on a positive note

Australia: S&P/ASX 200 (.AXJO) poised to start Monday trade on a positive note The sharemarket is poised to start Monday trade on a positive note ahead of what is likely to be a volatile week dominated by the renewed US-China trade skirmish and the release of key unemployment data. Futures markets suggest the benchmark S&P/ASX […]

Australian Dollar: USD/AUD (AUD=X) prices are stalling

Australian Dollar: USD/AUD (AUD=X) prices are stalling

Australian Dollar: USD/AUD (AUD=X) prices are stalling China remains gripped in a slowdown, which is bad news for Australia, as the Asian giant is China’s largest trading partner. Chinese manufacturing PMI dropped to 50.1 in April, pointing to stagnation. Building approvals swung wildly, falling 15.5% in March, after a gain of 19.1% a month earlier. […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Firm, USD Down, Crude Oil Steady, Stocks Mixed Notes: President Trump has increased pressure on China to reach a trade deal, as he hiked US tariffs on $200-B worth of Chinese goods 12:01a Friday, and targets $325-B more.. China Vice Premier Liu He is in […]

Australia: S&P/ASX 200 (.AXJO) poised to open lower

Australia: S&P/ASX 200 (.AXJO) poised to open lower

Australia: S&P/ASX 200 (.AXJO) poised to open lower Australian shares are poised to open lower, dragged down by Wall Street with attention focussed on the US-China trade talks in Washington. For local investors, the focus is on the RBA which will release its Statement on Monetary Policy at 11.30am AEST, in which it is expected […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Down, Crude Oil Down, Stocks Down Notes: And again, President Trump has increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods tat 12:01a Friday, and targets $325-B more.. China wants the tariffs […]

Australian Dollar: USD/AUD (AUD=X) psychologically important level

Australian Dollar: USD/AUD (AUD=X) psychologically important level

Australian Dollar: USD/AUD (AUD=X) psychologically important level The Australian dollar went back and forth during the trading session on Wednesday, as we continue to see a lot of back-and-forth trading, and choppiness to say the least. The Australian dollar of course is highly sensitive to the Chinese situation, which is currently being driven by the US/China […]

Australia: S&P/ASX 200 (.AXJO) President Donald Trump’s tariff hikes looms

Australia: S&P/ASX 200 (.AXJO) President Donald Trump’s tariff hikes looms

Australia: S&P/ASX 200 (.AXJO) President Donald Trump’s tariff hikes looms Australian shares fell to a two-week low on Wednesday after sentiment surrounding US-China trade negotiations swung suddenly from positive to negative in Northern Hemisphere trading. The S&P/ASX 200 Index slid 26.6 points, or 0.4 per cent, to 6269.1 while the broader All Ordinaries fell 31.7 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

FLASH: Gold Firmed, USD Off, Crude Oil Up, Stocks Down Notes: Again, President Trump has increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods tat 12:01a this Friday, and targets $325-B more.. China wants the tariffs to be lifted, while President Trump wants to […]

Australian Dollar: USD/AUD (AUD=X) sellers struggle to sustain momentum after touching 4-month lows

Australian Dollar: USD/AUD (AUD=X) sellers struggle to sustain momentum after touching 4-month lows

Australian Dollar: USD/AUD (AUD=X) sellers struggle to sustain momentum after touching 4-month lows The Australian Dollar turned lower anew after a brief corrective upswing against its US counterpart, as expected. Sellers have struggled to gain ground beyond reversing the relief rally from April lows however. A drop to four-month lows failed to find lasting follow-through, […]

Australia: S&P/ASX 200 (.AXJO) poised to drop at the open, as selling accelerated on Wall Street

Australia: S&P/ASX 200 (.AXJO) poised to drop at the open, as selling accelerated on Wall Street

Australia: S&P/ASX 200 (.AXJO) poised to drop at the open, as selling accelerated on Wall Street Australian shares are poised to drop at the open, as selling accelerated on Wall Street ahead of trade talks between the US and China later this week. ASX futures were 58 points or 0.9 per cent lower at about […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Flat, Crude Oil Off, Stocks Up Notes: President Trump Sunday increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods tat 12:01a this Friday, and targets $325-B more.. China wants the tariffs to be lifted, while President Trump wants to keep […]

Australia: S&P/ASX 200 (.AXJO) poised to open higher

Australia: S&P/ASX 200 (.AXJO) poised to open higher

Australia: S&P/ASX 200 (.AXJO) poised to open higher Australian shares are poised to open higher as Wall Street pared most of its opening loss on concern about the US/China trade talks. RBA ahead. “Global markets open with massive selling pressure” this week, Shayne Heffernan said in a client note. The close today will be quite […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Flat, Crude Oil Off, Stocks Down Notes: President Trump Sunday increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods this Friday, and targets $325-B more soon. The President’s aggressive strategy drew bi-partisan support from US Senate Democratic leader […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Off, Stocks Flat (May Day Holiday) Notes: Investors await US employment figures due later today, which is forecast to show 185,000 net new jobs were added in April and the unemployment rate steady at 3.8% Reflecting investor sentiment in gold, holdings of SPDR Gold Trust, the world’s largest […]

Australia: S&P/ASX 200 (.AXJO) expected to open lower

Australia: S&P/ASX 200 (.AXJO) expected to open lower

Australia: S&P/ASX 200 (.AXJO) expected to open lower The Australian share market opened lower following mixed leads from Wall Street and is now tracking 0.6 per cent lower at noon. Woolworths (ASX:WOW) shares saw a rise throughout the morning as they reported saw food sales improve in its third quarter by 4.2 per cent. AMP (ASX:AMP) shares have […]

Australian Dollar: USD/AUD (AUD=X) rebounds after sharp decline

Australian Dollar: USD/AUD (AUD=X) rebounds after sharp decline

Australian Dollar: USD/AUD (AUD=X) rebounds after sharp decline AUD/USD saw a sharp decline yesterday, bringing the pair into the 76.4% Fibonacci retracement support level. We are currently seeing a rebound from that support level and thus there is a good chance we will see further upside over the short term. A break through $0.707 would be […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Up, Crude Oil Off, Stocks Flat (May Day Holiday) Note: USD consolidated in Asia Thursday after recovering from a brief spill overnight when markets were whipsawed by mixed messages on policy from the Fed. There was little immediate reaction to a report the United States and China were nearing a trade […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Down, Crude Oil Off, Stocks Flat (May Day Holiday) Note: China and the United States began their latest talks in Beijing on Wednesday aimed at ending a bitter trade dispute, after US Treasury Secretary Steven Mnuchin said he had a “nice” working dinner the night before with China Vice Premier […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Down, Stocks Down Note: The quiet start to the week in global equity markets comes ahead of a 2-day meeting of the policy-setting FOMC. The committee is set to release its latest statement at 2:00p EDT (1800 GMT) Wednesday. We have now turned from sentiment where this […]

Australia: S&P/ASX 200 (.AXJO) shares dip

Australia: S&P/ASX 200 (.AXJO) shares dip

Australia: S&P/ASX 200 (.AXJO) shares dip Australian shares pulled back from a more than 11-year high on Monday, as a slump in oil prices weighed on energy stocks and investors remained cautious ahead of bank earnings later this week. The S&P/ASX 200 index dropped 0.3 percent, or 21.4 points, to 6,364.2 by 0059 GMT and […]

Australian Dollar: USD/AUD (AUD=X) traders could also be reacting to optimistic news over U.S.-China trade negotiations

Australian Dollar: USD/AUD (AUD=X) traders could also be reacting to optimistic news over U.S.-China trade negotiations

Australian Dollar: USD/AUD (AUD=X) traders could also be reacting to optimistic news over U.S.-China trade negotiations Australian traders could also be reacting to optimistic news over U.S.-China trade negotiations. According to a New York Times report, trade talks between the U.S. and China are now in the final stages, said U.S. Treasury Secretary Steven Mnuchin, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Off, Stocks Up Note: We have now turned from sentiment where this stock rally was 1 where professionals did not take part in, to a fast paced entry where hedge funds and investors are chasing markets they have been betting against. While the strong US GDP data […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Up, Crude Oil Off, Stocks Down Notes: China, the world’s biggest buyer of Iranian oil, this week formally complained to the United States over its unilateral Iran sanctions. Crude Oil output in the United States, which turned into the world’s Top producer last year, last week edged back to its […]

Australian Dollar: USD/AUD (AUD=X) weak consumer inflation report

Australian Dollar: USD/AUD (AUD=X) weak consumer inflation report

Australian Dollar: USD/AUD (AUD=X) weak consumer inflation report Sparking the sell-off in the AUD/USD on Wednesday was a weak consumer inflation report. The consumer price index (CPI) showed that core inflation at 1.4 percent had drifted to its lowest level in at least 16 years. Furthermore, inflation has been stuck below the RBA’s 2-3 percent […]

Australia: S&P/ASX 200 (.AXJO) hit their highest level in 11 years

Australia: S&P/ASX 200 (.AXJO) hit their highest level in 11 years

Australia: S&P/ASX 200 (.AXJO) hit their highest level in 11 years Shares may have hit their highest level in 11 years but analysts say the rally, which has seen the benchmark S&P/ASX 200 index rocket 16 per cent from its December lows, may have more legs. The S&P/ASX 200 rose 62.7 points, or 1 per […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Lower, USD Up, Crude Oil Down, Stocks Down Notes: The International Energy Agency (IEA), a watchdog for Crude Oil consuming countries, said in a statement Tuesday that markets are “adequately supplied” and that “global spare production capacity remains at comfortable levels.” US Secretary of State Mike Pompeo announced “that as of May 2, […]

Australian Dollar: USD/AUD (AUD=X) Support at 0.70

Australian Dollar: USD/AUD (AUD=X) Support at 0.70

Australian Dollar: USD/AUD (AUD=X) Support at 0.70 The Australian dollar fell significantly during the trading session on Tuesday, slicing through the 50 day EMA. Beyond that, we are testing the 0.71 handle, but at the end of the day I’m a buyer of the Aussie dollar. I think that we will find support underneath, given enough […]

Australia: S&P/ASX 200 (.AXJO) best session since 7 February

Australia: S&P/ASX 200 (.AXJO) best session since 7 February

Australia: S&P/ASX 200 (.AXJO) best session since 7 February The market closed 0.9 per cent higher at 6319 today, a rise of nearly 60 points. It is the best session since 7 February and puts the index within spitting distance of a fresh ten-year high. The last ten-year high was 6352 in August 2018. Altogether 157 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Lower, USD Up, Crude Oil Up, Stocks Higher Notes: US Secretary of State Mike Pompeo announced “that as of May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian Crude or condensate.” US Treasury Secretary Steve Mnuchin told reporters trade negotiations between the […]

Mixed-to-Better News Can’t Save the Australian Dollar: USD/AUD (AUD=X)

Mixed-to-Better News Can’t Save the Australian Dollar: USD/AUD (AUD=X)

Mixed-to-Better News Can’t Save the Australian Dollar: USD/AUD (AUD=X) The Australian Dollar reacted to mixed economic news by posting a choppy, two-sided trade before setting lower for the week. The Aussie edged lower shortly after the Reserve Bank released the minutes of its April meeting that indicated a dovish tone in the policy review. The […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Down Notes: Following the Good Friday holiday, markets in Britain, Germany and France will remain closed for Easter Monday, while those in the United States will reopen. Brent and US Crude futures surged to 6-month highs on reports that US Secretary of State Mike Pompeo […]

Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected

Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected

Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected The Australian Dollar is advancing on Wednesday after a government report showed China’s economy grew more than expected. The Aussie is benefitting because it often acts as a proxy for the Chinese economy. The news helped reverse some of […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Up, Stocks Up Notes: US Crude Oil inventories fell by 3.1-M bbls in the week ended 12 April to 452.7-M, compared with analysts’ expectations for an increase of 1.7-M bbl, according to data from the American Petroleum Institute (API) released Tuesday. The Organization of the Petroleum Exporting […]

Australia: S&P/ASX 200 (.AXJO) failing to push on past its previous significant high

Australia: S&P/ASX 200 (.AXJO) failing to push on past its previous significant high

Australia: S&P/ASX 200 (.AXJO) failing to push on past its previous significant high ASX bulls will probably still have cause to hope as long as the current broad range holds up through earnings season. However, a break through it will put focus on deeper falls, perhaps toward the 6064.7 mark. That is still only be […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Up Notes: The Organization of the Petroleum Exporting Countries and its allies including Russia, known as OPEC+, will meet in June to decide whether to continue withholding supply. That comes after they previously agreed to crimp output by 1.2-M BPD from 1 January for 6 months. […]

Australia: S&P/ASX 200 (.AXJO) unable to join in with a pan-Asia rally as gold miners weighed and several fund managers lost ground

Australia: S&P/ASX 200 (.AXJO) unable to join in with a pan-Asia rally as gold miners weighed and several fund managers lost ground

Australia: S&P/ASX 200 (.AXJO) unable to join in with a pan-Asia rally as gold miners weighed and several fund managers lost ground Australian shares steadied at the start of a holiday-shortened week, with the benchmark unable to join in with a pan-Asia rally as gold miners weighed and several fund managers lost ground. The S&P/ASX […]

Australian Dollar: USD/AUD (AUD=X) market continues to look bullish

Australian Dollar: USD/AUD (AUD=X) market continues to look bullish

Australian Dollar: USD/AUD (AUD=X) market continues to look bullish The Australian dollar did very little during the day on Monday, but that’s not a huge surprise considering how bullish the move on Friday was. Overall, the market continues to look bullish in general, but we should also keep in mind that there are external factors […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Eased, Crude Oil Down, Stocks Up Note: Again this week the world’s investors are focused on big bank earnings. Among positive catalysts in the market are a better-than- expected credit and export growth figures from China, a positive kick-off to the earnings season in the United States and hopes of […]

Australian Dollar: USD/AUD (AUD=X) markets will be keeping a close eye on the RBA minutes

Australian Dollar: USD/AUD (AUD=X) markets will be keeping a close eye on the RBA minutes

Australian Dollar: USD/AUD (AUD=X) markets will be keeping a close eye on the RBA minutes AUD/USD showed volatility and gained about 1.0% last week. The markets will be keeping a close eye on the RBA minutes, Australian employment data and Chinese GDP. Here is an outlook for the highlights of this week and an updated technical analysis for […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Flat, USD Down, Crude Oil Up, Stocks Down Note: This week the world’s investors are focused on big bank earnings. Comments from Fed Vice Chairman Richard Clarida that the U.S. economy is in a “good place” but reemphasizing the Fed’s patience on rate hikes, also helped to reassure investors Thursday ahead of […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Eased Note: This week the world’s investors are focused on geopolitical events and big bank earnings. President Trump threatened to impose tariffs on $11-B worth of European Union products, heightening tensions over a long-running transatlantic Airbus subsidy dispute. European Union leaders gave Britain six more months to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Firm,Stocks Eased Note: This week the world’s investors are focused on geopolitical events and big bank earnings, as the S&P 500 ends 8 day rally with a Fibo recap. Investors will also focus on a European Central Bank (ECB) meeting Wednesday. President Donald Trump threatened to impose […]

Australian Dollar: USD/AUD (AUD=X) drifting higher

Australian Dollar: USD/AUD (AUD=X) drifting higher

Australian Dollar: USD/AUD (AUD=X) drifting higher The Australian dollar rose against most major currency pairs on Monday, helped by firmer commodity prices and broad based US dollar weakness. After finishing last week at .7105, the AUD/USD rose to as high as .7131 during the session before eventually closing at .7126. Modest gains were also seen […]

Australia: S&P/ASX 200 (.AXJO) very volatile

Australia: S&P/ASX 200 (.AXJO) very volatile

Australia: S&P/ASX 200 (.AXJO) very volatile Extending overnight gains, the Australian dollar rose US0.4¢ to US71.30¢ after the rise in mortgage financing delayed expectations for a domestic rate cut ,while government 10-year bond yields rose 2.6 points to 1.90 per cent. Keeping bullish sentiment in check, “very volatile” business business lending slumped 11.4 per cent […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Up Note: This week the world’s investors are focused on geopolitical events and big bank earnings as the S&P 500 continues to drive North Eastern forces Monday were advancing on the Libyan capital Tripoli in the latest of a cycle of warfare since Muammar Gaddafi’s fall in […]

Australian Dollar: USD/AUD (AUD=X) remains range-bound, dull and directionless

Australian Dollar: USD/AUD (AUD=X) remains range-bound, dull and directionless

Australian Dollar: USD/AUD (AUD=X) remains range-bound, dull and directionless Not even the release of US non-farm payrolls data for March could wake the Aussie dollar from its slumber on Friday, initially rising in the wake of the report before giving back ground towards the close. “March US payrolls growth beat expectations, but market reaction was […]

Australia: S&P/ASX 200 (.AXJO) advances following a strong session on Wall Street on Friday

Australia: S&P/ASX 200 (.AXJO) advances following a strong session on Wall Street on Friday

Australia: S&P/ASX 200 (.AXJO) advances following a strong session on Wall Street on Friday Australian shares rebounded from a loss in the back-end of last week on Monday, following a strong session on Wall Street on Friday as stocks rose on the back of a solid US employment report. The S&P/ASX 200 Index rose 40.1 points, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Up Note: The world’s nvestors are now focused on geopolitical events and big bank earnings. In Asia Gold: Gold prices rose to a 1-week high Monday as USD edged lower, while investors awaited minutes of the Fed’s March FOMC meeting Wednesday. Spot gold gained about 0.4% […]

Australia: S&P/ASX 200 (.AXJO) investors focusing on the upcoming election

Australia: S&P/ASX 200 (.AXJO) investors focusing on the upcoming election

Australia: S&P/ASX 200 (.AXJO) investors focusing on the upcoming election There appears to be no rational reason why the positive sentiment around the Australian stock market evaporated at the end of this week. Investors just got a bout of the yips. There was no particularly negative economic news, no big corporate disappointments – just a […]

Australian Dollar: USD/AUD (AUD=X) likely to continue to trade rangebound

Australian Dollar: USD/AUD (AUD=X) likely to continue to trade rangebound

Australian Dollar: USD/AUD (AUD=X) likely to continue to trade rangebound Friday’s close fell inside a 50% level at .7079 and a resistance zone at .7150 to .7153. Trader reaction to these levels will set the tone for the week. Trading inside .7079 to .7153 will indicate a neutral market. The AUD/USD is likely to continue […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Down, Crude Oil Down, Stocks Steady Note: Investors are now awaiting the US jobs numbers for more signals on the strength of the economy. Reuters reported Saudi Arabia is threatening to sell its Crude Oil in currencies other than USDs if Washington passes a bill exposing OPEC members to US […]

Australian Dollar: USD/AUD (AUD=X) may drift a little bit lower

Australian Dollar: USD/AUD (AUD=X) may drift a little bit lower

Australian Dollar: USD/AUD (AUD=X) may drift a little bit lower The Australian dollar broke down a bit slightly during the trading session on Thursday, but quite frankly we are in a reasonable range to follow, so at this point we may drift a little bit lower but it should end up being a buying opportunity for […]

Australia: S&P/ASX 200 (.AXJO) poised to dip at open

Australia: S&P/ASX 200 (.AXJO) poised to dip at open

Australia: S&P/ASX 200 (.AXJO) poised to dip at open Shares in Asia were mixed on Thursday as investors watched ongoing negotiations between the U.S. and China, with the two economic powerhouses reportedly closer to striking a deal to end a protracted trade dispute. Mainland Chinese markets closed higher, with the Shanghai composite adding 0.94% to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Mixed, Stocks Up Note: The Chinese RMB Yuan will hold its recent gains Vs USD, and likely make a move forward from current marks over the coming year, as optimism about a US-China trade deal offsets anxiety over weak domestic economic growth, a Reuters poll showed. In Asia […]

Australian Dollar: USD/AUD (AUD=X) Reserve Bank turns ‘dovish’ on economy

Australian Dollar: USD/AUD (AUD=X) Reserve Bank turns ‘dovish’ on economy

Australian Dollar: USD/AUD (AUD=X) Reserve Bank turns ‘dovish’ on economy It was buying 70.69 US cents at 7:15am (AEDT), a significant drop from yesterday’s 71.11 US cents. The dollar also experienced steep falls to 53.83 British pence (-0.6 pc), 63.09 euro cents (-0.5 pc), and 78.72 Japanese yen (-0.6pc). Currency traders sold the Australian dollar […]

Australia: S&P/ASX 200 (.AXJO) climbed for a seventh straight session

Australia: S&P/ASX 200 (.AXJO) climbed for a seventh straight session

Australia: S&P/ASX 200 (.AXJO) climbed for a seventh straight session S&P/ASX 200 has climbed for a seventh straight session on easing global growth concerns, closing 42.6 points or 0.68% higher at 6285 points. Recent economic data from China and the US have seen better than expected results while US-China trade tensions are easing and moving […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Down, Crude Oil Up, Stocks Up Note:  3 of 8 countries granted waivers by Washington to import Crude Oil from Iran have cut the imports to Zero, the improved global market conditions would help reduce Iranian exports further. UK  Prime Minister Theresa May said Tuesday she would seek another BREXIT […]

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair The Australian dollar fell significantly during the trading session on Tuesday, as we continue to reach down towards the 0.7050 level. Underneath there, the 0.70 level is the beginning of massive support that should continue to have a major influence on […]

Australia: S&P/ASX 200 (.AXJO) rallied on the back of positive data from the world’s two largest economies

Australia: S&P/ASX 200 (.AXJO) rallied on the back of positive data from the world’s two largest economies

Australia: S&P/ASX 200 (.AXJO) rallied on the back of positive data from the world’s two largest economies Australian shares have moved higher for a sixth straight day, as markets around the world rallied on the back of positive data from the world’s two largest economies. The benchmark S&P/ASX200 index ended up 25.4 points, or 0.41 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Note: China’s PMI number was the most significant monthly increase since Y 2012, which should ease concerns around a potential threat to Crude Oil demand. In Asia Gold: Gold prices declined to a more than 3-week lows Tuesday as waning global economic slowdown concerns lifted […]

Australia: S&P/ASX 200 (.AXJO) shares advanced as solid economic data from China temporarily allayed fears of a global economic slowdown

Australia: S&P/ASX 200 (.AXJO) shares advanced  as solid economic data from China temporarily allayed fears of a global economic slowdown

Australia: S&P/ASX 200 (.AXJO) shares advanced as solid economic data from China temporarily allayed fears of a global economic slowdown Overall, the bias in prices is: Upwards. The projected upper bound is: 6,317.44. The projected lower bound is: 6,130.05. The projected closing price is: 6,223.75. Candlesticks A white body occurred (because prices closed higher than […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Up Note: USD off 0.1% Vs Key rivals, after hitting its highest since 11 March Friday, while Asian stocks rallied as positive Chinese factory data and signs of progress in US-China trade talks supported sentiment. In Asia Gold: Gold prices up Monday as USD backed off […]

Australian Dollar: USD/AUD (AUD=X) RBA will be under pressure to indicate a similar shift in monetary policy

Australian Dollar: USD/AUD (AUD=X) RBA will be under pressure to indicate a similar shift in monetary policy

Australian Dollar: USD/AUD (AUD=X) RBA will be under pressure to indicate a similar shift in monetary policy The Australian and New Zealand Dollars finished mixed last week with the Aussie clawing back from early weakness and the Kiwi closing off its lows after a dovish signal from the Reserve Bank of New Zealand (RBNZ) fueled […]

Australia: S&P/ASX 200 (.AXJO) Investors are questioning whether markets can move higher

Australia: S&P/ASX 200 (.AXJO) Investors are questioning whether markets can move higher

Australia: S&P/ASX 200 (.AXJO) Investors are questioning whether markets can move higher A dovish turn from the world’s central banks helped stockmarkets to huge gains in the first quarter of the year and the Australian market is set to extend that advance at the start of a week where the federal budget will take centre stage. Futures […]

Australia: S&P/ASX 200 (.AXJO) stocks shrugged off the warnings amid a number of economists globally dismissing the recession signal from bond markets

Australia: S&P/ASX 200 (.AXJO) stocks shrugged off the warnings amid a number of economists globally dismissing the recession signal from bond markets

Australia: S&P/ASX 200 (.AXJO) stocks shrugged off the warnings amid a number of economists globally dismissing the recession signal from bond markets A slump in government bond yields sparked a rebound from the red on the Australian sharemarket led by the major banks and high-dividend paying stocks as quarter-end window dressing got off to an […]

Australian Dollar: USD/AUD (AUD=X) plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar

Australian Dollar: USD/AUD (AUD=X) plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar

Australian Dollar: USD/AUD (AUD=X) plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar The Australian Dollar is trading slightly higher on Thursday after plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar. Sellers hit the Kiwi hard after the Reserve Bank of New […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Flat, USD Up, Crude Oil Down, Stocks Flat Note: China has made unprecedented proposals in talks with the United States on a range of issues including forced technology transfer as the 2 sides work to overcome remaining obstacles to a deal to end their trade dispute, US officials said Wednesday. In Asia Gold: […]

Australian Dollar: USD/AUD (AUD=X) plenty of support at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) plenty of support at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) plenty of support at the 0.70 level The Australian dollar rolled over just a bit during the beginning of the Wednesday session, breaking through the 50 day EMA. Looking at the Australian dollar, we can see that there is plenty of support at the 0.70 level, an area that continues to be […]

Australia: S&P/ASX 200 (.AXJO) expected to open slightly higher

Australia: S&P/ASX 200 (.AXJO) expected to open slightly higher

Australia: S&P/ASX 200 (.AXJO) expected to open slightly higher The ASX is set to open slightly higher but the slide in world sharemarkets deepened. Bonds rallied after traders turned their focus to the economic outlook. The $A dropped. Treasury 10-year yields fell to the lowest since December 2017, and rates on benchmark German bunds sank further […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Mixed Notes: UK Prime Minister Theresa May will address Conservative Party lawmakers, possibly to set out a timetable for her departure, to win support for her 2X-rejected BREXIT deal as the Parliament prepares to vote on a variety of possible options. A senior International Monetary Fund […]

Australia: S&P/ASX 200 (.AXJO) economists and central bankers attempted to downplay the significance of a bond yields

Australia: S&P/ASX 200 (.AXJO) economists and central bankers attempted to downplay the significance of a bond yields

Australia: S&P/ASX 200 (.AXJO) economists and central bankers attempted to downplay the significance of a bond yields The Australian sharemarket managed a tentative bounce today as bulls, economists and central bankers attempted to downplay the significance of a bond yields “inverting” across developed economies and $US10 trillion of bonds trading at negative yields. The S&P-ASX […]

Australian Dollar: USD/AUD (AUD=X) 0.70 level underneath offering significant support

Australian Dollar: USD/AUD (AUD=X) 0.70 level underneath offering significant support

Australian Dollar: USD/AUD (AUD=X) 0.70 level underneath offering significant support The Australian dollar has rallied slightly during the trading session on Tuesday as we are now above the 50 day EMA. However, we have broken above that EMA more than once so I don’t think of this as a major event. This simply shows that we […]

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