Roberto Jacobs / Blog
Asian Markets Turn Positive on Oil Gains, Gold Hovers Around $1252 All the major Asian indices are trading on a positive note on Wednesday and erases previous losses. The core reason behind the upward movement is the sharp rise in oil prices, which improves global sentiment...
Improved Tone in Global Markets - NAB Research Team at NAB, suggests that there was an improved tone in global markets this month...
FXWIREPRO: USD/KRW Hovers Around Key Support at 1142, Intraday Bias Remains Neutral USD/KRW is currently trading around 1143 levels. It made intraday high at 1144 and low at 1142 levels. Intraday bias remains neutral for the moment...
Inflation Could Splinter FX Gains - Nomura Bilal Hafeez, Research Analyst at Nomura, suggests that the core inflation is on the rise in the US, which may mean the Fed is falling behind the curve, and oil prices have been having a major impact on CPI measures that central banks target...
ASX200 Breaks Major Resistance 5000, Targets 5130 Major support 4900 ASX200 has broken major resistance 5000 and jumped till 5040. It is currently trading at 5036. Short term trend is slightly bullish as long as support 4965 (200 day HMA) holds...
Gold Under Pressure in Asia on Improved Risk Sentiment Gold extended its overnight retreat in the Asian session, and now consolidates near the lower band of today’s daily range as risk-on trades pick up pace. Gold moves-off fresh four-week tops Currently, gold trades 0.11% lower at 1252...
Sell GBP/USD and USD/CAD Strength, Buy NZD/USD on Dips – Westpac Research Team at Westpac, suggests that the GBP/USD remains high on their sell list. Key Quotes “We sell GBP/USD at 1.4450, stop 1.4610...
AUD/JPY Consolidating the Upside Below 84 Post-China Trade The AUD/JPY cross extended its winning streak into a fourth day today and reversed Thursday’s entire slide as the bulls were bolstered by improved risk appetite as well as strong China’s exports and imports data...
Asian Stocks Through the Roof, Oil Rally, China Trade Underpin The stocks on the Asian bourses joined the global risk-on rally this Wednesday, taking the positive lead from strong gains seen in the black gold yesterday, which buoyed the sentiment around the energy and resource stocks...