Market Overviews

Sentiments Stabilized on China Stimulus Hope, Yen Falls on Political Pressure

Yen is under broad based selling pressure today as sentiments somewhat improved with expectations of more stimulus from China to counter the impact of Wuhan coronavirus outbreak. Additionally, Japanese Prime ...
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Markets Stabilized as Focus Turns to FOMC Minutes, Dollar Resilient

Yen, Swiss Franc and Dollar weaken mildly today as risk markets stabilized. On the other hand, commodity currencies recover generally. But the movements are so far limited. Investors remain vigilant ...
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Euro Tumbles Again as Economic Sentiments Deteriorates Sharply, Markets Stays Risk-Off

Markets remain in risk-off mode today after Apple’s warning that China’s Wuhan coronavirus outbreak would hurt sales. Deep deterioration in German economic sentiment also reflect the impact on confidence. Investors ...
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Risk-off after Apple Warning, Euro Extending Decline ahead of German ZEW

Markets are back in risk off mode in Asia after Apple’s warning. While Wuhan coronavirus cases in China might appear to have slowed, investors remain vigilant. More risks lie ahead ...
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Markets Quiet With US on Holiday, Investors Shrug PBoC Stimulus

Markets are generally quite today with US on holiday. PBoC’s stimulus measure might have boosted Chinese stocks higher. Reactions from other markets are rather muted. Investors remain generally cautious as ...
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Yen and Nikkei Lower on GDP Contraction, Pessimistic Outlook

Asian markets are mixed as another week starts. Nikkei weakens, together with Yen, as data showed the Japan economy suffered worst contraction in six years. Singapore Strait Times is also ...
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Euro Collapsed on Coronavirus Spillover Fears, Next Two Weeks Crucial

While China’s Wuhan coronavirus outbreak remained a major focus last week and triggered much volatility. But overall, stocks investors seemed not too bothered, with US indices continuing record runs. Other ...
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Dollar Mixed after Shrugging Off Retail Sales, Euro Trying to Recover

Economic data released today are generally ignored by the markets. Dollar is mixed, paying little attention to US retail sales. Euro recovers mildly today on short profit taking ahead of ...
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Euro Selloff Deepens on Growth Concern, No Sign of Bottoming Yet

Euro remains the weakest one for the week as selloff deepens. It seems that markets believe the coronavirus outbreak in China would hurt Eurozone’s economy more, in particular the export ...
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Risk Off Again as China Reports Confusingly Large Wuhan Coronavirus Cases, Sterling Jumps on Cabinet Shuffle

Global stock markets tumble today after China reported a strong daily increase of 15152 Wuhan coronavirus cases on February 12. That was a huge difference from 2015 new cases reported ...
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Euro Breaks Key Support Against Dollar, More Broad Based Weakness Likely

Dollar surges to highest level against Euro as helped by rebound in US treasury yields overnight, as well as extended record runs in stocks. Nevertheless, sentiments in Asian turn back ...
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Dollar Weakens Further as Markets Remains Risk On

Risk appetite stays strong in the global markets, with European indices registering solid gains. US futures also point higher open for extending recent record runs. Yen is under some selling ...
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