Market Overviews

Sentiments Stabilized after German Confidence Data, Brexit to Take Spotlight Again

Market sentiments generally stabilized today after initial selloff in Asia. While major European indices are still in red, losses are so far very limited. German 10-year bund yield even managed ...
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Risk Aversion Continues With Focus on German Ifo and Brexit

Risk aversion dominates in the Asian markets today as recession fears spread. But the currency markets are steady though. Major pairs and crosses are bounded inside Friday’s range at the ...
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Sentiments Turned Very Fragile as Recession Fears Intensified

After the much more dovish than expected Fed economic projections and shockingly poor Eurozone manufacturing data, it looks like major world economies are at the brink recessions. German 10-year bund ...
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Euro Dives as German Data Prompts Recession Fear, 10-Year Bund Yield Turned Negative

Fears of global recession intensify after shockingly poor German manufacturing data. Major European indices are all trading in red while DOW is down more than 100 pts at initial trading ...
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Sterling Paring Losses as Brexit Cliff Edge Delayed for Two Weeks

After some roller coaster rides, Sterling is trading broadly higher for today after EU approved a short Brexit extension for UK. But overall, the Pound remains the weakest one for ...
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Dollar Recovering Post FOMC Loss, BoE and SNB Shrugged

Dollar is trying to recover some of the steep losses triggered by much more dovish than expected FOMC economic projections. The greenback is now trading mixed for the day, and ...
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Dovish Fed, Recession Risks, Prolonged Trade War, Brexit Fatigue

Dollar tumbled sharply overnight as FOMC economic projected turned out to be much more dovish than expected. Selling continues today, in particular against the Japanese Yen, which is lifted broadly ...
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Sterling Dives as Markets Disapprove May’s Short Brexit Extension, Dollar Mixed ahead of FOMC

Sterling suffers another round of selloff today as the markets clearly disapprove of UK Prime Minister Theresa May’s next step on Brexit. In short, she’s just seeking a short delay ...
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Dollar Higher But Gain Limited by Risks of FOMC Dovishness

Dollar trade generally higher today as markets await FOMC rate decision. But gain is very limited as traders are guarding against unexpected dovishness in Fed. In particular, such dovishness could ...
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German ZEW Lifts Stocks & Yield But Not Euro, Sterling Still Range Bound

The forex markets are having no clear direction for the moment. In particular, positive data from Europe were generally ignored by currencies even though yields and stocks are lifted. At ...
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Sterling Confused by Brexit Chaos, Australian Dollar Lower on House Price

The financial markets are generally quiet in Asian session today, with stock indices stuck in tight range. Sterling turned mixed after knee-jerk reactions to new Brexit chaos overnight. The Pound ...
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Sterling Softens as Traders Await Brexit Clarity, Aussie Lost Momentum after Initial Rally

Sterling is trading as the weakest one for today so far after suffering some selling in European session. No support is seen for the Pound even though high profile Brexiteer ...
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