SCOTIABANK: USD/CNY IS EXPECTED TO CLOSE 2016 AT 6.70...
TAIWAN STOCKS CLOSE DOWN 1.2 PCT AT 8,947.06 POINTS...
Producer prices in Japan logged the biggest monthly drop since the month of April, recording the smallest annual contraction in six months. Moreover, prices remained weaker than what markets had initially anticipated. Producer prices in Japan were down 0...
The Australian government bonds plunged Monday as the United States Federal Reserve rate hike speculation gathered steam following hawkish comments from the Fed policymakers...
AUD/USD is extending downside after rejection at major trendline resistance at 0.7732 in Thursdays trade last week. As mentioned in our previous call (), the pair has hit 20-DMA. The major has broken supports at 20-DMA (0.7602) and then 50-DMA (0.7582) on Fridays trade...
India’s consumer price inflation is expected to have eased significantly in August following a sharp rise in the previous month. CPI inflation is likely to have slowed to 5 percent year-on-year after reaching a 23-month high of 6...
FTSE SEEN OPENING DOWN 1.4 PCT , DAX DOWN 2.2 PCT, CAC 40 DOWN 1.9 PCT - FINANCIAL BOOKMAKERS...
FTSE SEEN OPENING DOWN 96 POINTS , DAX DOWN 231 PTS, CAC 40 DOWN 84 PTS - FINANCIAL BOOKMAKERS...
CITIBANK: GOLD PRICE MAY BE UNDERPINNED ON WEAKER USD AND LOWER PROBABILITY OF A RATE HIKE IN SEPTEMBER...
Canada’s employment growth normalized in August. The nation added a total of 26.2k jobs in the month. With the labor force growing, the jobless rate reached 7 percent in August. On six month moving average basis, employment grew 7.8k, widely consistent with the trend seen so far in 2016...
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming: China: FDI details for August will be reported at 5:30 GMT. Money supply and loans statistics may get released today...
Machinery orders in Japan unexpectedly rose for the second straight month in a row in July, releasing a preliminary sign that the ailing economy is on a gradual path of improving demand, leading to higher corporate spending. Japan’s core machinery orders increased at a seasonally adjusted 4...
S.KOREA C.BANK SAYS SELLS 91-DAY MONETARY STABILISATION BONDS AT YIELD OF 1.28 PCT...
BOJ offers to lend Y 1.6374 trln of JGBs on spot basis through 9/13 as a secondary source of JGBs (Offer in the afternoon...
USD/INR is currently trading around 66.87 marks. It made intraday high at 66.92 and low at 66.85 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.05 marks. Key resistances are seen at 66.92, 67.05, 67.16, 67.28, 67.52, 67.71, 67.84, 67.95, 68.02, 68...
20-YEAR JGB YIELD RISES ABOVE 0.465 PERCENT, HITS HIGHEST LEVEL SINCE MID-MARCH...
10-YEAR U.S. TREASURY YIELD AT 1.666 PERCENT VS U.S. CLOSE OF 1.671 PERCENT ON FRIDAY...
EUR/GBP trades a narrow range in the Asian session, finds strong support at 0.8440 (converged 5&10 DMA). Violation there could see next major support by cloud top at 0.8431. EUR/GBP has bounced off from major trendline support on Sept 6th trade...
XAG/USD is currently trading around $18.92 marks. It made intraday high at $19.12 and low at $18.76 levels. Intraday bias remains bearish till the time pair holds key resistance at $19.27 levels. A daily close below $18.76 will take the parity down towards key supports at $18.68, $18.44, $18...
TOKYO'S NIKKEI SHARE AVERAGE EXTENDS FALL, DOWN 2.00 PCT...