Market Overviews

Asian Markets Lower as US Gives Up Easter Coronavirus Target, Yen Firmer

Asian markets open the week generally lower as there is no sign of even a slowdown in coronavirus pandemic. The US has also given up hope for returning to normal ...
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As Recovery in Stocks Lose Momentum, Could Dollar Strike Back?

While the coronavirus pandemic continued to worsen globally, investor sentiment somewhat stabilized after governments and central banks rushed to push out tighter lockdown measures, fiscal stimulus and monetary easing. Dollar ...
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Markets in Profit Taking Retreat, Yen and Dollar Recovering Grounds

European stocks and US futures turn softer today, apparently on pre-weekend profit taking again. FTSE is additionally pressured, possibly as Prime Minister Boris Johnson was tested positive for coronavirus. In ...
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US Coronavirus Infections and Stocks Surge, Dollar Weakens

Dollar is set to end the week as the week as the worst performing as corrections in the financial markets extend. Asian indices are generally higher following another day of ...
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Dollar Stays Soft after Shocking Jobless Claims, BoE Stands Pat

Dollar softens mildly again today as consolidation extends. The shock delivered by initial jobless claims is actually rather well expected. The greenback dips slightly after Fed chair Jerome Powell’s comments, ...
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Risk Rebound Fades as Focus Turns to Jobless Claims and BoE

Asian markets turn softer today as boost from US stimulus package fades very quickly. Focus will instead turn to BoE rate decision and US jobless claims. In particular, the latter ...
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Markets Turned Mixed after Stimulus Rally, Dollar Staying in Consolidations

The stimulus deal in US Congress gave markets just a very brief lift. European indices turned mixed after initial rally while US futures are essentially flat. Trading in the currency ...
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Sentiments Boosted By US Stimulus Deal, Dollar, Yen and Swiss Soften

Asian markets generally strengthen today and are given another lift after US politicians finally agreed to a USD 2T coronavirus stimulus deal. Australian Dollar leads other commodity currencies higher. On ...
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Markets Shrug Disastrous PMIs, Continue to Digest Recent Moves

PMI data released together generally showed a disastrous picture in the service sectors around the world, due to coronavirus pandemic and the measures to contain it. Nevertheless, these data are ...
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Dollar Softens on Fed QE Infinity, Global PMIs in Focus

While Fed’s QE infinity gave no apparent boost to US stocks, Asian markets are responding rather positively. Strong gains are seen in major indices. Dollar has turned broadly weak, followed ...
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Sentiments Take a U-Turn as Fed Goes QE Unlimited

Market sentiments take a u-turn today after Fed surprised the markets with another emergency announce. Now, the targets for asset purchases are removed and Fed is going into QE unlimited ...
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Risk Aversion Continues, RBNZ Cut, NZ & AU Lockdown, US to See Surge in Unemployment

Markets are back in risk averse mode as another week starts, after Spain and Italy suffered the worst days of coronavirus pandemic over the weekend. US Senate failed to advance ...
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