Market Overviews

Yen and Dollar Broadly Lower, Markets on Risk on Mode as Trade War Fear Temporarily Relieved

Japan Yen and, to a slightly lesser extent, Dollar suffer broad based selloff today as global markets return to risk seeking mode. Major European indices are generally higher with DAX ...

Asian Markets Shrugged Off US Selloff; FOMC Minutes, NAFTA and Trade War Watched This Week

Asian markets open positively this week in spite of the sharp selloff in the US on Friday. At the time of writing, Nikkei is trading up 0.55%. China is back ...

Dollar Mixed as Markets Pared Back Expectations of Fed Hikes Slightly, after NFP and on Trade War

US-China trade war was the dominant theme in the financial markets last week. US started by announcing the list of 1300 product lines to be tariffed under Section 301 actions ...

Dollar Supported by Wage Growth Despite NFP Miss, No Drama from China’s Brief Press Briefing

Reactions in the financial markets to the escalation in US-China trade tensions remain rather mild. Nikkei closed down just -0.36% today. European indices are in red at the time of ...

As Trump Seeks Attentions With Trade Tensions Escalation, Markets are Looking Forward to Non-Farm Payrolls Instead

Trade war comes back to headline as US President Donald Trump announced his intention to triple down on the tariffs on Chinese imports. But so far, market reactions are muted ...

Stocks Staged Massive Rebound as Trade War Development Takes a Rest For Now

While the initial selloff in US stocks were steep, they quickly recovered and didn’t look back. DOW made a massive 700 pts come back from session low at 2523.16 to ...

Euro Selling Gathers Momentum against Dollar and Canadian, EUR/USD Breaks 1.2285 Finally

EUR/USD finally breaks 1.2285 support with some momentum in early US session. That could be seen as a sign that the forex traders are finally back from holiday, and starting ...

Yen Pared Gains as Asian Markets Stabilized, Australian Dollar Steady after RBA

US equities suffered steep selling overnight with DOW losing -1.9%, S&P 500 losing -2.23%. NASDAQ was worst hit as tech rout continued and closed down -2.74%. While Asian equities opened ...

Dollar Attempts to Extend Rebound on ISM Price Paid, But Failing So Far

Some volatility is finally see in early US session even though there is still a lack of follow through momentum. US equities open lower with DOW losing over 150 pts, ...

Forex Markets Stay Quiet on Holiday Mood. RBA, ISM and NFP ahead

The forex markets are rather quiet today as most countries are still on holiday. Yen is trading generally lower but loss is limited so far. Japan Tankan survey posted some ...

Markets Tread Water as Traders’ Minds are Already on Holiday

The forex market are starting to ignore economic data release today and tread water, just ahead of long weekend. Dollar is trading in black across the board for the week ...

Dollar Rebound Lacks Conviction, Except Versus Aussie and Possibly Yen

Dollar jumps broadly overnight but it’s rally is starting to lose steam again in Asian session. Instead, while Yen remains the weakest one for the week, it’s starting to regain ...

Risk On Again as Stocks Futures Rebound on Facebook, Yen and Swiss Franc Dive

The pattern of risk on/risk off continues today. After opening lower, European indices pare back much losses with FTSE now back in black at the time of writing. US futures ...

Euro Stays Strong after Volatility in Thin Holiday Markets

There was some volatility seen yesterday in the forex markets. But as dusts settled, Euro is staying as the strongest one for the week, followed by New Zealand Dollar and ...

Dollar Rebounds as Quarter End Position Squaring Starts, Stocks Lifted by Receding Trade War Fear

After being pressured initially, Dollar staged a strong come back European session. The greenback is now trading as the strongest one for day, followed by Canadian Dollar and then Yen ...

EUR/USD to Look into Confidence Indicators for Guidance, as Risk Aversion Eased

The financial markets responded positively to news that US and China are back on the table for trade negotiation. At least for now, the fear of further escalation in tension ...

Yen Lower as Trade War Fears Recede, Euro and Sterling Surge

Risk sentiments stabilized as markets reacted positively to the possibility of a trade deal between US and China. Major European indices are trading higher even though gains are only at ...

Global Stock Market Crashed, Dollar Tumbled after Episode 1 of US-China Trade War

Global stock markets suffered steep selloff last week as US President Donald Trump has finally declare the start of trade war with China. Dollar was under broad based pressure with ...

Canadian Dollar Lifted by CPI, Markets Stabilizing after Panic Selloff

After steep selloff in the Asian markets, sentiments stabilized mildly in European markets. At the time of writing, DAX is trading down -1.45%, CAC down -1.2 and FTSE down only ...

Yen Steals the Show on Trade War Worries, Sterling Reversed after Brief BoE Spike

Sterling attempts to rally after BoE rate decisions but failed to sustain gain. On the other hand, Yen is quietly stealing the show on risk aversion. Investors are worried that ...