Portal Komuniti Informasi Malaysia Terkini
BTCClicks.com Banner
Hello There, Guest! Register Login with Facebook

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
FirewoodFX - Daily Market News
Asia Roundup:
Antipodeans rebound as geopolitical tensions ease, greenback gains as U.S. likely to impose more China tariffs if Trump-Xi talks fail, Asian shares rally –
Tuesday, October 30th, 2018







Market Roundup

U.S. plans more China tariffs if Trump-Xi meeting fails -Bloomberg

U.S. restricts exports to Chinese semiconductor firm Fujian Jinhua

UK austerity ending, as long as Brexit deal gets done – Hammond

China factory growth seen cooling further as U.S. tariff impact mounts

Major Chinese banks seen swapping yuan for dollars in forwards – traders

China's securities regulator to enhance market liquidity, encourage share buybacks

Brazil's far-right president-elect eyes close U.S. ties

Mexican president-elect pulls plug on new airport; markets sink

Japan Sep Jobs/Applicants Ratio, 1.64, 1.63 f’cast, 1.63 prev

Japan Sep Unemployment Rate, 2.3%, 2.4% f’cast, 2.4% prev

Australia Sep Building Approvals, 3.3%, 3.0% f’cast, -9.4% prev, -8.1% rvsd



Economic Data Ahead

(0455 ET/0855 GMT) Germany Oct Unemployment Chg SA, -12k f’cast, -23k prev

(0455 ET/0855 GMT) Germany Oct Unemployment Rate SA, 5.1% f’cast, 5.1% prev

(0600 ET/1000 GMT) EZ Q3 GDP Flash Prelim YY, 1.8% f’cast, 2.1% prev

(0600 ET/1000 GMT) EZ Q3 GDP Flash Prelim QQ, 0.4% f’cast, 0.4% prev

(0600 ET/1000 GMT) EZ Oct Business Climate, 1.14 f’cast, 1.21 prev

(0600 ET/1000 GMT) EZ Oct Economic Sentiment, 110.0 f’cast, 110.9 prev

(0600 ET/1000 GMT) EZ Oct Industrial Sentiment, 3.8 f’cast, 4.7 prev

(0600 ET/1000 GMT) EZ Oct Services Sentiment, 14.0 f’cast, 14.6 prev

(0600 ET/1000 GMT) EZ Oct Consumer Confid. Final, -2.7 f’cast, -2.7 prev



Key Events Ahead

(0415 ET/0815 GMT) Norway Central Bank Deputy Governor Jon Nicolaisen gives a speech at a conference in Oslo

(0930 ET/1330 GMT) ECB Chief Economist Peter Praet to chair a policy panel at the ECB conference in Frankfurt

(1530 ET/1930 GMT) Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn Wilkins to appear before House of Commons Standing Committee on Finance in Ottawa



FX Beat

DXY: The dollar index gained on news that Trump and his Chinese counterpart are due to meet on the sidelines of the Group of 20 leaders summit in Argentina at the end of November. The greenback against a basket of currencies trades up at 96.69, having touched a high of 96.86 on Friday, its highest since August 15. FxWirePro's Hourly Dollar Strength Index stood at 59.86 (Bullish) by 0500 GMT.

EUR/USD: The euro edged up, recovering some of its previous session losses, on news that German Chancellor Angela Merkel would not seek re-election as head of her Christian Democrats (CDU) party. The European currency traded 0.1 percent up at 1.1378, having touched a low of 1.1335 on Friday, its lowest since August 1.6 FxWirePro's Hourly Euro Strength Index stood at 29.95 (Neutral) by 0500 GMT. Investors’ attention will remain on a series of data from the eurozone economies, and EZ economic sentiment indicator, ahead of the U.S. home price indices. Immediate resistance is located at 1.1432 (October 25 High), a break above targets 1.1493 (October 23 High). On the downside, support is seen at 1.1335 (October 26 Low), a break below could drag it till 1.1301 (August 15 Low),.

USD/JPY: The dollar surged to a near 1-week peak after data released yesterday showed U.S. consumer spending rose for a seventh straight month in September. The major was trading 0.3 percent up at 112.68, having hit a low of 111.37 on Friday, its lowest since September 13. FxWirePro's Hourly Yen Strength Index stood at -134.52 (Highly Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. home price indices. Immediate resistance is located at 112.98 (September 25 High), a break above targets 113.28 (October 10 High). On the downside, support is seen at 112.08 (October 24 Low), a break below could take it lower 111.62 (September 15 Low).

GBP/USD: Sterling consolidated near 2-month lows after UK Finance minister Philip Hammond held out the prospect of an end to Britain's long spending crunch provided the government secures a Brexit deal with the European Union. The major traded 0.1 percent up at 1.2802, having hit a low of 1.2777 on Friday; it’s lowest since August 20. FxWirePro's Hourly Sterling Strength Index stood at -100.41 (Highly Bearish) 0500 GMT. Investors attention will remain on UK CBI Distributive Trades Survey, ahead of U.S. fundamental drivers. Immediate resistance is located at 1.2876 (September 4 High), a break above could take it near 1.2933 (September 3 High). On the downside, support is seen at 1.2777 (October 6 Low), a break below targets 1.2729 (August 20 Low). Against the euro, the pound was trading flat at 88.88 pence, having hit a low of 89.00 on Monday, it’s lowest since October 3.

AUD/USD: The Australian dollar rebounded from recent lows after data showed domestic building permits surged 3.3 percent in September from previous months reading of -9.1 percent. The Aussie trades 0.5 percent up at 0.7087, having hit a high of 0.7108 on Monday; it’s highest since October 22. FxWirePro's Hourly Aussie Strength Index stood at 62.66 (Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7021 (October 4 Low), a break below targets 0.7000. On the upside, resistance is located at 0.7125 (October 22 High), a break above could take it near 7159 (September 17 High).

NZD/USD: The New Zealand dollar rallied to a near 1-week peak on hopes of a U.S.-China trade resolution ahead of a meeting of the two leaders next month. The Kiwi trades 0.4 percent up at 0.6549, having touched a high of 0.6555 on Monday, its highest level since October 24. FxWirePro's Hourly Kiwi Strength Index was at 159.38 (Highly Bullish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6628 (October 1 High), a break above could take it near 0.6696 (September 26 High). On the downside, support is seen at 0.6502 (October 25 Low), a break below could drag it below 6465 (October 26 Low).



Equities Recap

Asian shares gained after U.S President Donald Trump said he would want to make a deal with China, easing geopolitical tensions.

MSCI's broadest of Asia-Pacific shares outside Japan surged 0.1 percent.

Tokyo's Nikkei surged 1.5 percent to 21,457.70 points, Australia's S&P/ASX 200 index rallied 1.3 percent to 5,805.10 points and South Korea's KOSPI gained 1.3 percent to 2,022.48 points.

Shanghai composite index rose 1.3 percent to 2,575.29 points, while CSI300 index traded 1.6 percent up at 3,125.87 points.

Hong Kong’s Hang Seng traded 0.4 percent lower at 24,714.97 points. Taiwan shares added 0.1 percent to 9,526.11 points.



Commodities Recap

Crude Oil prices surged, ahead of looming sanctions on Iran's crude exports, while signs of rising global supply limited upside. International benchmark Brent crude was trading 0.4 percent up at $77.13 per barrel by 0529 GMT, having hit a low of $75.09 on Wednesday, its lowest since August 24. U.S. West Texas Intermediate was trading 0.7 percent up at $67.16 a barrel, after rising as high as $67.92 on Monday, its highest since October 23.

Gold prices edged down as the U.S. dollar gained on worries over slowing economic growth and concerns the U.S.-China trade war could intensify again. Spot gold was down 0.1 percent at $1,227.64 an ounce at 0531 GMT, having touched its highest since July 17 at $1,243.32 on Friday. U.S. gold futures were up 0.2 percent at $1,229.30 an ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
Reply
Thanks given by:
Asia Roundup:
Aussie off 1-week peak on soft CPI, dollar at 16-month high on robust U.S. economic data, Asian shares rebound –
Wednesday, October 31st, 2018







Market Roundup

China factory growth weakest in over 2 yrs, slump in export orders deepens

Japan's central bank holds fire, cuts inflation f'cast

Trump targets U.S. birthright citizenship as elections loom

Merkel says stepping down as CDU leader will not weaken her on world stage

S&P warns 'no-deal' Brexit likely to tip UK into long recession

Countering global protectionism, Pacific trade pact to start at end-2018

Investors hedge their faith in China's faltering yuan

U.S. says gravely concerned by any non-peaceful means of deciding Taiwan's future

U.S. charges Chinese intelligence officers for jet engine data hack

India cenbank governor may consider resigning after rift with govt – CNBC TV18

Japan Sep Industrial Output Prelim MM SA, -1.1%, -0.3% f’cast, 0.2% prev

Great Britain Oct GfK Consumer Confidence, -10, -10 f’cast, -9 prev

Australia Q3 RBA Trimmed Mean CPI YY, 1.8%, 1.9% f’cast, 1.9% prev



Economic Data Ahead

(0345 ET/0745 GMT) France Oct CPI (EU Norm) Prelim YY, 2.6% f’cast, 2.5% prev

(0500 ET/0900 GMT) Italy Sep Unemployment Rate, 9.9% f’cast, 9.7% prev

(0600 ET/1000 GMT) Italy Oct CPI (EU Norm) Prelim YY, 1.8% f’cast, 1.5% prev

(0600 ET/1000 GMT) Italy Oct Consumer Price Prelim YY, 1.7% f’cast, 1.4% prev

(0600 ET/1000 GMT) EZ Oct HICP Flash YY, 2.2% f’cast, 2.1% prev

(0600 ET/1000 GMT) EZ Oct HICP-X F&E Flash YY, 1.2% f’cast, 1.1% prev

(0600 ET/1000 GMT) EZ Sep Unemployment Rate, 8.1% f’cast, 8.1% prev

N/A DE Sep Retail Sales YY Real, 0.9% f’cast, 1.6% prev



Key Events Ahead

(0400 ET/0800 GMT) German Deputy Finance Minister Joerg Kukies speaks at the 2018 Financial Stability Conference in Berlin

(0500 ET/0900 GMT) ECB policymaker Ewald Nowotny speaks at an economic reporters' club in Vienna

(0505 ET/0905 GMT) ECB Supervisory Chief Daniele Nouy speaks in Berlin

(0600 ET/1000 GMT) Swedish Central Bank Governor Stefan Ingves talks about Basel III at Banco de Portugal in Lisbon

(0700 ET/1100 GMT) Riksbank Governor Stefan Ingves will visit Banco de Portugal and discuss the road to Basel III in Lisbon

(0815 ET/1215 GMT) Norway Central Bank Governor Oystein Olsen gives a speech to students at The Norwegian University of Life Sciences in Oslo

(1030 ET/1430 GMT) Fed Board holds meeting to discuss proposed rules that would modify the enhanced prudential standard framework for large banking organizations in Washington

(1100 ET/1500 GMT) Bank of Spain's Governor, Hernandez de Cos to speak at Economy Commission in Parliament in Madrid

(1315 ET/1715 GMT) Swiss National Bank Chairman Thomas Jordan gives speech on “Protectionism makes monetary policy difficult” in Bern

(1615 ET/2015 GMT) Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn Wilkins to appear before for Standing Senate Committee on Banking, Trade and Commerce in Ottawa



FX Beat

DXY: The dollar index surged to 16-month highs, bolstered by stronger than expected U.S. economic data and continued rate increases by the Federal Reserve. The greenback against a basket of currencies trades up at 97.03, having touched a high of 97.06, its highest since June 26. FxWirePro's Hourly Dollar Strength Index stood at 46.26 (Neutral) by 0500 GMT.

EUR/USD: The euro declined, extending losses for the third straight session, as the greenback surged across the board. Moreover, data showing the eurozone economy grew less than expected in the third quarter continued to weigh on investor sentiment. The European currency traded 0.05 percent down at 1.1342, having touched a low of 1.1335 on Friday, its lowest since August 1.6 FxWirePro's Hourly Euro Strength Index stood at 4.35 (Neutral) by 0500 GMT. Investors’ attention will remain on a series of data from the eurozone economies, and EZ prelim consumer price index, ahead of the U.S. ADP employment change, employment cost index. Immediate resistance is located at 1.1387 (October 30 High), a break above targets 1.1432 (October 25 High). On the downside, support is seen at 1.1301 (August 15 Low), a break below could drag it till 1.1264.

USD/JPY: The dollar rallied to a fresh 3-week peak after data showed U.S. consumer confidence rose to an 18-year high in October, driven largely a robust labour market, indicating strong economic growth could persist in the near term. The major was trading 0.2 percent up at 113.30, having hit a high of 113.32 earlier, its highest since October 9. FxWirePro's Hourly Yen Strength Index stood at -100.76 (Highly Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. ADP employment change, employment cost index. Immediate resistance is located at 113.71 (September 28 High), a break above targets 114.10 (October 5 High). On the downside, support is seen at 112.82 (October 8 Low), a break below could take it lower 112.35 (October 22 Low).

GBP/USD: Sterling steadied above the 1.2700 handle after falling to a 2-1/2 month low in the previous session on concerns about Britain's departure from the European Union and worries over the lack of progress on issues including the Irish border. The major traded 0.1 percent up at 1.2711, having hit a low of 1.2695 on Tuesday; it’s lowest since August 16. FxWirePro's Hourly Sterling Strength Index stood at -46.22 (Neutral) 0500 GMT. Investors attention will remain on U.S. fundamental drivers, amid a lack of data from the UK docket. Immediate resistance is located at 1.2754 (August 16 High), a break above could take it near 1.2791 (August 13 High). On the downside, support is seen at 1.2664, a break below targets 1.2640. Against the euro, the pound was trading flat at 89.22 pence, having hit a low of 89.39 on Tuesday, it’s lowest since September 26.

AUD/USD:
The Australian dollar declined below the 0.7100 handle, retreating from a 1-week peak after data showed domestic consumer prices stayed moderate last quarter while core inflation eased, cementing views central bank policy will remain accommodative for a long time to come. The Aussie trades 0.2 percent down at 0.7091, having hit a high of 0.7122 on Tuesday; it’s highest since October 22. FxWirePro's Hourly Aussie Strength Index stood at 76.44 (Slightly Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7055 (October 23 Low), a break below targets 0.7021 (October 4 Low). On the upside, resistance is located at 0.7125 (October 22 High), a break above could take it near 7159 (September 17 High).

NZD/USD: The New Zealand dollar slumped from a 1-week peak despite a monthly survey of business confidence showing a slight improvement in sentiment for October from the previous month although firms remained pessimistic. The Kiwi trades 0.05 percent down at 0.6552, having touched a high of 0.6572 on Tuesday, its highest level since October 22. FxWirePro's Hourly Kiwi Strength Index was at 122.50 (Highly Bullish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6628 (October 1 High), a break above could take it near 0.6696 (September 26 High). On the downside, support is seen at 0.6502 (October 25 Low), a break below could drag it below 6465 (October 26 Low).



Equities Recap

Asian shares rebounded from 20-month lows, boosted by a bounce back on Wall Street, while the greenback surged to multi-month peaks on robust U.S. economic data.

MSCI's broadest of Asia-Pacific shares outside Japan surged 0.8 percent.

Tokyo's Nikkei surged 2.2 percent to 21,920.46 points, Australia's S&P/ASX 200 index rallied 0.4 percent to 5,830.30 points and South Korea's KOSPI gained 0.7 percent to 2,028.79 points.

Shanghai composite index rose 1.2 percent to 2,597.50 points, while CSI300 index traded 1.2 percent up at 3,146.45 points.

Hong Kong’s Hang Seng traded 0.9 percent higher at 24,811.25 points. Taiwan shares added 2.9 percent to 9,802.13 points.



Commodities Recap

Crude Oil prices surged for the first time in three days, however, rising supply and concerns over the outlook for demand limited the upside. International benchmark Brent crude was trading 0.1 percent up at $76.32 per barrel by 0504 GMT, having hit a low of $75.09 on Tuesday, its lowest since August 24. U.S. West Texas Intermediate was trading 0.1 percent up at $66.36 a barrel, after falling as low as $65.37 on Tuesday, its lowest since August 21.

Gold prices slumped to a 3-week low as the greenback touched multi-month highs on robust U.S. economic data and on concerns over an escalation in the U.S.-China trade war. Spot gold was down 0.4 percent at $1,217.43 an ounce at 0510 GMT, having touched a low of $1,215.45 earlier, its lowest since Oct. 11. U.S. gold futures fell 0.3 percent to $1,222.20 an ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
Reply
Thanks given by:
Asia Roundup:
Aussie rallies on better-than-expected trade surplus, sterling rebounds as PM May secures Brexit deal on financial services, Asian shares surge –
Thursday, November 1st, 2018







Market Roundup

UK, EU agree tentative Brexit deal on financial services- the Times

Britain says no date set for end of Brexit talks after Raab hints at November deal

Trump campaigns for Florida Republicans as poll shows Democratic gains

More U.S. tariffs on China goods not 'set in stone' -White House adviser

U.S.-China trade battle shows deepening economic impact across Asia

Pompeo says U.S. trying to convince China 'to behave like a normal nation'

Germany, France urge China to level business playing field

China plans more tax cuts to spur consumption -vice finance minister

Bank of Canada repeats that interest rates will need to keep rising

Brazil holds rates as far-right victory allays fears of FX sell-off

Japan Oct Nikkei Mfg PMI, 52.9, 53.1 prev

China Oct Caixin Mfg PMI Final, 50.1, 49.9 f’cast, 50.0 prev

Australia Sep Trade Balance G&S (A$), 3,017 mln, 1,700 mln f’cast, 1,604 mln prev, 2,342 mln rvsd



Economic Data Ahead

(0300 ET/0700 GMT) Great Britain Oct Nationwide house price mm, 0.2% f’cast, 0.3% prev

(0300 ET/0700 GMT) Great Britain Oct Nationwide house price yy, 1.9% f’cast, 2.0% prev

(0530 ET/0930 GMT) Great Britain Oct Markit/CIPS Mfg PMI, 53.0 f’cast, 53.8 prev

(0800 ET/1200 GMT) Great Britain Nov BOE Bank Rate, 0.75% f’cast, 0.75% prev

(0800 ET/1200 GMT) Great Britain Nov GB BOE QE Gilts, 435 bln f’cast, 435 prev



Key Events Ahead

(0505 ET/0905 GMT) Norway Central Bank Deputy Governor Jon Nicolaisen gives a speech at Finance Norway's payments conference in Fornebu, Norway

(0630 ET/1030 GMT) Norway Central Bank Governor Oystein Olsen gives a speech to Bergen Chamber of Commerce and Industry in Bergen, Norway

(0800 ET/1200 GMT) Bank of England announces rate decision and publishes the minutes of the meeting, after the rate decision in London

(0800 ET/1200 GMT) Bank of England to release Inflation Report in London

(1010 ET/1410 GMT) Fed New York Executive Vice President Kevin Stiroh speaks at Financial Times U.S. Banking Forum in New York

(1115 ET/1515 GMT) Swiss National Bank (SNB) Executive Board member Fritz Zurbrügg speaks at the NZZ conference in Interlaken, Switzerland

(1300 ET/1700 GMT) Bank of Canada Deputy Governor Carolyn A. Wilkins gives speech at McGill University Montreal

(1330 ET/1730 GMT) Bank of Canada Deputy Governor Lawrence Schembri gives introductory remarks at the John Kuszczak Memorial Lecture in Ottawa

(1500 ET/1900 GMT) Bank of Canada Deputy Governor Timothy Lane moderates a panel discussion on Revisiting the Merits of the Inflation Targeting Policy Framework and its Alternatives in Ottawa



FX Beat

DXY: The dollar index eased, after rallying to a 16-month peak in the previous session on the ADP national employment report that showed U.S. private-sector payrolls increased by the most in eight months in October, reinforcing expectations for continued rate increases by the Federal Reserve. The greenback against a basket of currencies trades 0.3 percent up at 96.86, having touched a high of 97.20, its highest since June 26. FxWirePro's Hourly Dollar Strength Index stood at 29.25 (Neutral) by 0500 GMT.

EUR/USD: The euro rebounded after falling to a 2-1/2 month low in the previous session on weak eurozone economic data as well as Italian budget worries. The European currency traded 0.3 percent up at 1.1342, having touched a low of 1.1302, its lowest since August 15. FxWirePro's Hourly Euro Strength Index stood at -65.18 (Neutral) by 0500 GMT. Investors’ attention will remain on the U.S. unemployment benefit claims, prelim nonfarm productivity, manufacturing PMI from both Markit and ISM and construction spending. Immediate resistance is located at 1.1387 (October 30 High), a break above targets 1.1432 (October 25 High). On the downside, support is seen at 1.1264., a break below could drag it till 1.1219.

USD/JPY: The Japanese yen surged, extending previous session rebound after data showed Japanese manufacturing activity expanded at the fastest rate in four months in October as new export orders returned to growth. The major was trading 0.05 percent down at 112.89, having hit a high of 113.38 on Wednesday, its highest since October 9. FxWirePro's Hourly Yen Strength Index stood at -75.59 (Slightly Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. unemployment benefit claims, prelim nonfarm productivity, manufacturing PMI from both Markit and ISM and construction spending. Immediate resistance is located at 113.71 (September 28 High), a break above targets 114.10 (October 5 High). On the downside, support is seen at 112.35 (October 22 Low), a break below could take it lower 112.01 (October 17 Low).

GBP/USD: Sterling rallied to a 1-week peak on a report that UK Prime Minister Theresa May has secured a deal with Brussels on financial services. Investors now await the Bank of England monetary policy meeting outcome later in the day, where it is expected to keep interest rates steady and detail conditions necessary for policy tightening. The major traded 0.7 percent up at 1.2851, having hit a low of 1.2695 on Tuesday; it’s lowest since August 16. FxWirePro's Hourly Sterling Strength Index stood at 18.94 (Neutral) 0500 GMT. Investors attention will remain on UK nationalwide housing prices, Markit manufacturing PMI, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.2901 (August 27 High), a break above could take it near 1.2962 (September 6 High). On the downside, support is seen at 1.2700, a break below targets 1.2664. Against the euro, the pound was trading 0.4 percent up at 88.29 pence, having hit a high of 88.13, it’s highest since October 23.

AUD/USD: The Australian dollar rose to a 2-week peak after data showed domestic trade surplus surged to a near two-year peak in September, boosted by a jump in resource exports. The Aussie trades 0.7 percent up at 0.7122, having hit a high of 0.7133 earlier; it’s highest since October 19. FxWirePro's Hourly Aussie Strength Index stood at 86.60 (Slightly Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7055 (October 23 Low), a break below targets 0.7021 (October 4 Low). On the upside, resistance is located at 0.7159 (October 17 High)., a break above could take it near 0.7200.

NZD/USD: The New Zealand dollar advanced to an over 1-week peak, boosted by better-than-expected Chinese manufacturing PMI and weakness in the greenback. The Kiwi trades 1.01 percent up at 0.6582, having touched a high of 0.6586, its highest level since October 22. FxWirePro's Hourly Kiwi Strength Index was at 155.80 (Highly Bullish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6628 (October 1 High), a break above could take it near 0.6696 (September 26 High). On the downside, support is seen at 0.6502 (October 25 Low), a break below could drag it below 6465 (October 26 Low).



Equities Recap

Asian shares surged, boosted by another robust Wall Street session, while Aussie rallied on the back of better-than-expected trade surplus.

MSCI's broadest of Asia-Pacific shares outside Japan surged 0.9 percent.

Tokyo's Nikkei fell 1.1 percent to 21,687.65 points, Australia's S&P/ASX 200 index rallied 0.2 percent to 5,840.80 points and South Korea's KOSPI declined 0.2 percent to 2,026.37 points.

Shanghai composite index  rose 0.1 percent to 2,606.22 points, while CSI300 index traded 0.7 percent up at 3,176.00 points.

Hong Kong’s Hang Seng Hong Kong’s Hang Seng traded 1.6 percent higher at 25,377.65 points. Taiwan shares added 0.4 percent to 9,844.74 points.



Commodities Recap

Crude Oil declined, amid signs of rising supply and growing concerns that demand might weaken on the prospect of a global economic slowdown. International benchmark Brent crude was trading 0.05 percent down at $74.58 per barrel by 0436 GMT, having hit a low of $74.57 earlier, its lowest since August 23. U.S. West Texas Intermediate was trading 0.1 percent up at $64.91 a barrel, after falling as low as $64.83 on Wednesday, its lowest since August 16.

Gold surged, recovering from a 3-week low hit in the previous session as the U.S. dollar retreated from multi-month peaks. Spot gold up 0.3 percent at $1,218.02 an ounce by 0512 GMT, having touched a low of $1,211.87 on Wednesday, its lowest since Oct. 11. U.S. gold futures rose 0.2 percent to $1,217.8 an ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
Reply
Thanks given by:
Asia Roundup:
Antipodeans at multi-week peak as U.S.-China trade tensions ease, dollar rebounds against yen as risk sentiment improves, Asian shares rally –
Friday, November 2nd, 2018







Market Roundup

Trump, Xi upbeat on U.S.-China trade; U.S. targets more Chinese firms

EU floats new Irish border compromise in tentative Brexit plan -FT

Japan's PM says he won't force sales tax hike if shock hits economy

U.S. job growth seen accelerating; strong annual wage gain expected

Pompeo says 'handful more weeks' before U.S. responds to Khashoggi killing

China lifts yuan midpoint by most in over 2 mths amid signs of easing trade tensions

Poll-Euro rebound still on cards but conviction starting to waver

U.S. fund investors bail on bonds in final week of October -Lipper

Foreign CB US debt holdings -$19.802 bln to $3.414 tln Oct 31 week

Treasuries -$18.145 bln to $3.042 tln, agencies -1.636 bln to $305.424 bln

Australia Q3 Retail Trade, 0.2%, 0.4% f’cast, 1.2% prev, 1.0% rvsd

Australia Q3 PPI YY, 2.1%, 1.5% prev



Economic Data Ahead

(0300 ET/0700 GMT) Germany Import Prices YY, 4.6% f’cast, 4.8% prev

(0445 ET/0845 GMT) Italy Oct Markit/ADACI Mfg PMI, 49.6 f’cast, 50.0 prev

(0450 ET/0850 GMT) France Oct Markit Mfg PMI, 51.2 f’cast, 51.2 prev

(0455 ET/0855 GMT) Germany Oct Markit/BME Mfg PMI, 52.3 f’cast, 52.3 prev

(0500 ET/0900 GMT) EZ Oct Markit Mfg Final PMI, 52.1 f’cast, 52.1 prev

(0530 ET/0930 GMT) Great Britain Oct Markit/CIPS Cons PMI, 52.0 f’cast, 52.1 prev



Key Events Ahead

(0430 ET/0830 GMT) Swedish Central Bank Minutes from the Monetary Policy to be published in Stockholm

(0900 ET/1300 GMT) Fed New York hosts public Town Hall meeting related to the Federal Reserve System's Strategies for Improving the U.S. Payment System initiative in New York



FX Beat

DXY: The dollar index declined to a 1-week low after U.S. President Donald Trump and Chinese President Xi Jinping expressed optimism about resolving the trade disputes ahead of a planned meeting at the end of November in Argentina. The greenback against a basket of currencies trades 0.05 percent down at 96.26, having touched a low of 96.19, its lowest since October 24. FxWirePro's Hourly Dollar Strength Index stood at -112.07 (Highly Bearish) by 0500 GMT.

EUR/USD: The euro steadied near a 1-week peak, on expectations the European Central Bank will end its quantitative easing (QE) programme in December and raise interest rates in the second half of 2019.The European currency traded 0.1 percent up at 1.1423, having touched a low of 1.1302 on Wednesday, its lowest since August 15. FxWirePro's Hourly Euro Strength Index stood at 56.12 (Bullish) by 0500 GMT. Investors’ attention will remain on series of data from the Eurozone economies, ahead the U.S. nonfarm payroll, unemployment data, trade balance and factory orders. Immediate resistance is located at 1.1432 (October 25 High), a break above targets 1.1476 (October 24 High). On the downside, support is seen at 1.1368 (5-DMA), a break below could drag it till 1.1302 (October 31 Low).

USD/JPY: The dollar surged, halting a 2-day losing streak, as investors awaited U.S. payroll figures, which are expected to have risen 190,000 in October from 134,000 in the previous month, with average hourly earnings seen increasing 0.2 percent in October after recording a 0.3 percent gain the previous month. The major was trading 0.3 percent up at 112.96, having hit a high of 113.38 on Wednesday, its highest since October 9. FxWirePro's Hourly Yen Strength Index stood at -178.34 (Highly Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. nonfarm payroll, unemployment data, trade balance and factory orders. Immediate resistance is located at 113.71 (September 28 High), a break above targets 114.10 (October 5 High). On the downside, support is seen at 112.35 (October 22 Low), a break below could take it lower 112.01 (October 17 Low).

GBP/USD: Sterling held gains after rising to an over 1-week peak in the previous session on report that UK is close to secure a financial services deal with Brussels, and as the Bank of England kept interest rates steady but indicated future interest rate hikes would be slightly faster if Brexit goes smoothly. The major traded 0.1 percent up at 1.3010, having hit a low of 1.2695 on Tuesday; it’s lowest since August 16. FxWirePro's Hourly Sterling Strength Index stood at 34.30 (Neutral) 0500 GMT. Investors attention will remain on UK Markit construction PMI, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3103 (October 19 High), a break above could take it near 1.3192  (October 17 High). On the downside, support is seen at 1.2936 (October 23 Low), a break below targets 1.2867 (October 24 Low). Against the euro, the pound was trading 0.2 percent down at 87.85 pence, having hit a high of 87.57 on Thursday, it’s highest since October 16.

AUD/USD: The Australian dollar rallied to an over 1-month peak on the back of better-than-expected domestic producer price index and a strong rally in risk assets globally.  The Aussie trades 0.5 percent up at 0.7244, having hit a high of 0.7250 earlier; it’s highest since September 23. FxWirePro's Hourly Aussie Strength Index stood at 189.27 (Highly Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7164 (October 13 Low), a break below targets 0.7112 (October 16 Low). On the upside, resistance is located at 0.7275 (September 19 High)., a break above could take it near 0.7300.

NZD/USD: The New Zealand dollar advanced to a 1-month peak, on signs that a trade war between China and the United States could be contained. The Kiwi trades 0.4 percent up at 0.6677, having touched a high of 0.6689, its highest level since September 26. FxWirePro's Hourly Kiwi Strength Index was at 163.58 (Highly Bullish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6727 (August 28 High), a break above could take it near 0.6750. On the downside, support is seen at 0.6630 (September 25 Low), a break below could drag it below 6599 (October 1 Low).



Equities Recap

Asian shares rallied after the U.S. and Chinese presidents raised hopes of a thaw in trade tensions, while the greenback eased ahead of highly influential U.S. jobs report.

MSCI's broadest of Asia-Pacific shares outside Japan surged 1.4 percent.

Tokyo's Nikkei gained 2.6 percent to 22,243.66 points, Australia's S&P/ASX 200 index rallied 0.2 percent to 5,849.20 points and South Korea's KOSPI advanced 3.5 percent to 2,095.16 points.

Shanghai composite index  rose 2.5 percent to 2,670.94 points, while CSI300 index traded 3.3 percent up at 3,280.16 points.

Hong Kong’s Hang Seng traded 3.5 percent higher at 26,292.54 points. Taiwan shares added 0.6 percent to 9,906.59 points.



Commodities Recap

Crude Oil prices rose, supported by concerns from the start of U.S. sanctions next week against Iran's petroleum exports. International benchmark Brent crude was trading 0.1 percent up at $72.82 per barrel by 0453 GMT, having hit a low of $74.44 earlier, its lowest since August 21. U.S. West Texas Intermediate was trading 0.1 percent up at $63.57 a barrel, after falling as low as $63.15 on Thursday, its lowest since April 9.

Gold prices declined, after rising about 1.5 percent in the previous session, as the dollar surged ahead of the U.S. payrolls data due later in the day. Spot gold was trading percent down at $1,232.98 per ounce by 0457 GMT, having touched a low of $1,211.87 on Wednesday, its lowest since Oct. 11. U.S. gold futures were down 0.4 percent at $1,233.8 per ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
Reply
Thanks given by:
Asia Roundup:
Antipodeans off highs, greenback steadies after China's Xi Jinping promises lower tariffs and more imports, Asian shares slump –
Monday, November 5th, 2018







Market Roundup

Britain's Raab wants right to scrap Irish backstop after three months – media

All-UK customs Brxt deal report 'speculation' -PM May's office

Trump, Obama tout clashing visions of U.S. as elections near

Kuroda concedes BOJ's easy policy hurting banks, but rules out rate hike

China's Xi Jinping promises lower tariffs, more imports

Minority Australian government confirmed as critical by-election result announced

China Caixin Services PMI, 50.8, 53.1 prev

Japan Services PMI, 52.4, 50.2 prev



Economic Data Ahead

(0530 ET/0930 GMT) EZ Sentix Index, 10.1 f'cast, 11.4 prev

(0530 ET/0930 GMT) Great Britain Markit/CIPS Serv PMI, 53.3 f'cast, 53.9 prev



Key Events Ahead

N/A ECB’S Coeure and Nouy speak in Brussels

(0900 ET/1300 GMT) ECB Vice President Guindos speaks at Brussels

(0910 ET/1310 GMT) Bank of Canada Governor Poloz speaks in London

(1000 ET/1400 GMT) Euro Zone finance ministers convene in Brussels



FX Beat

DXY: The dollar index steadied after easing to an over 1-week low in the previous session, following China's President Xi Jinping comments,, citing that China will lower import tariffs and continue to broaden market access. The greenback against a basket of currencies trades flat at 96.50, having touched a low of 95.99 on Friday, its lowest since October 24. FxWirePro's Hourly Dollar Strength Index stood at -52.56 (Bearish) by 0500 GMT.

EUR/USD: The euro consolidated within narrow ranges, as investors expect the European Central Bank to lower its growth forecasts at its December policy meeting. The European currency traded flat at 1.1387, having touched a low of 1.1302 on Wednesday, its lowest since August 15. FxWirePro's Hourly Euro Strength Index stood at 67.31 (Bullish) by 0500 GMT. Investors’ attention will remain on series of data from the Eurozone economies, ahead the U.S. service PMI from both the Markit and ISM. Immediate resistance is located at 1.1432 (October 25 High), a break above targets 1.1476 (October 24 High). On the downside, support is seen at 1.1372 (5-DMA), a break below could drag it till 1.1302 (October 31 Low).

USD/JPY: The dollar rose, extending previous session gains, as investors shift focus back to expectations for tighter U.S. monetary policy following stronger-than-expected economic data late last week. The major was trading 0.05 percent up at 113.22, having hit a high of 113.38 on Wednesday, its highest since October 9. FxWirePro's Hourly Yen Strength Index stood at -157.11 (Highly Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. service PMI from both the Markit and ISM. Immediate resistance is located at 113.71 (September 28 High), a break above targets 114.10 (October 5 High). On the downside, support is seen at 112.35 (October 22 Low), a break below could take it lower 112.01 (October 17 Low).

GBP/USD: Sterling held gains near a 2-week peak on growing hopes of a smooth Brexit. The major found support after a Sunday Times report that an all-UK customs deal will be written into the agreement governing Britain's withdrawal from the European Union. The pair traded 0.2 percent up at 1.2985, having hit a low of 1.2695 on Tuesday; it’s lowest since August 16. FxWirePro's Hourly Sterling Strength Index stood at 88.05 (Slightly Bullish) 0500 GMT. Investors attention will remain on UK Markit service PMI, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3103 (October 19 High), a break above could take it near 1.3192  (October 17 High). On the downside, support is seen at 1.2936 (October 23 Low), a break below targets 1.2867 (October 24 Low). Against the euro, the pound was trading 0.1 percent up at 87.68 pence, having hit a high of 87.41, it’s highest since October 11.

AUD/USD: The Australian dollar declined from more than 1-month highs ahead of the Reserve Bank of Australia meeting on Tuesday, where it is widely expected to keep interest rates unchanged at 1.50 percent for the 27 consecutive policy meetings. The Aussie trades 0.1 percent down at 0.7192, having hit a high of 0.7258 on Friday; it’s highest since September 27. FxWirePro's Hourly Aussie Strength Index stood at 90.95 (Slightly Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7164 (October 13 Low), a break below targets 0.7112 (October 16 Low). On the upside, resistance is located at 0.7275 (September 19 High)., a break above could take it near 0.7300.

NZD/USD: The New Zealand dollar eased from recent peaks, as the Reserve Bank of New Zealand is seen as all but certain to hold its policy rate at a record low 1.75 percent at its meeting on Thursday.  The Kiwi trades 0.1 percent down at 0.6639, having touched a high of 0.6689 on Friday, its highest level since September 26. FxWirePro's Hourly Kiwi Strength Index was at 132.54 (Highly Bullish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6727 (August 28 High), a break above could take it near 0.6750. On the downside, support is seen at 6599 (October 1 Low), a break below could drag it below 6560.



Equities Recap

Asian shares slumped, weighed down by concerns of faster rate hikes in the United States and uncertainty around the U.S.-China trade war.

MSCI's broadest of Asia-Pacific shares outside Japan dropped 1.8 percent.

Tokyo's Nikkei declined 1.4 percent to 21,946.33 points, Australia's S&P/ASX 200 index slumped 0.5 percent to 5,818.10 points and South Korea's KOSPI plunged 1.3 percent to 2,068.99 points.

Shanghai composite index  fell 0.9 percent to 2,652.27 points, while CSI300 index traded 1.3 percent down at 3,248.27 points.

Hong Kong’s Hang Seng traded 2.3 percent lower at 25,869.16 points. Taiwan shares shed 0.2 percent to 9,889.81 points.



Commodities Recap

Crude Oil prices declined as the start to U.S. sanctions against Iran's fuel exports was softened by waivers that will allow major buyers to temporarily import Iranian crude. International benchmark Brent crude was trading 0.2 percent down at $72.38 per barrel by 0426 GMT, having hit a low of $74.20 on Friday, its lowest since August 21. U.S. West Texas Intermediate was trading 0.3 percent down at $62.67 a barrel, after falling as low as $62.45 earlier, its lowest since April 9.

Gold prices declined as the dollar steadied against a basket of currencies, while investors await the U.S. congressional elections on Tuesday. Spot gold tradig0.5 percent down at $1,232.23 per ounce by 0432 GMT, having touched a low of $1,211.87 on Wednesday, its lowest since Oct. 11. U.S. gold futures was up 0.1 percent at $1,234.6 per ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
Reply
Thanks given by:
Asia Roundup:
Aussie gains as RBA appears bullish on economic outlook, greenback consolidates ahead of U.S. mid-term elections, Asian shares edge down –
Tuesday, November 6th, 2018







Market Roundup

Dollar treads water ahead of U.S. midterm elections, RBA holds steady

Frost thaws in U.S.-China ties ahead of G20 meeting

EU to offer Irish border compromise in Brexit talks -The Times

U.S. reimposes Iran sanctions, Tehran decries 'bullying'

UK consumer spending edges up after sluggish September – industry data

S.Korea govt think tank calls for central bank to refrain from rate hikes

Toyota assuming USD/JPY at 110, EUR/JPY at 130 FY H2

Australia RBA Cash Rate, 1.50%, 1.50% f'cast, 1.50% prev

Japan All Household Spending (y/y), -1.6%, 1.6% f'cast, 2.8% prev



Economic Data Ahead

(0200 ET/0700 GMT) Germany Industrial orders (m/m), -0.6% f'cast, 2.0% prev

(0345 ET/0845 GMT) Italy Markit/ADACI Svcs PMI, 52.0 f'cast, 53.3 prev

(0350 ET/0850 GMT) France Markit Serv PMI, 55.6 f'cast, 55.6 prev

(0350 ET/0850 GMT) France Markit Comp PMI, 54.3 f'cast, 54.3 prev

(0355 ET/0855 GMT) Germany Markit Services PMI, 53.6 f'cast, 53.6 prev

(0355 ET/0855 GMT) Germany Markit Comp Final PMI, 52.7 f'cast, 52.7 prev

(0400 ET/0900 GMT) EZ Markit Serv Final PMI, 53.3 f'cast, 53.3 prev

(0400 ET/0900 GMT) EZ Markit Comp Final PMI, 52.7 f'cast, 52.7 prev

(0500 ET/1000 GMT) EZ Producer Prices (y/y), 4.2% f'cast, 4.2% prev

(0500 ET/1000 GMT) EZ Retail Sales (y/y), 0.7% f'cast, 1.8% prev



Key Events Ahead

N/A ECB Vice President Luis de Guindos speaks in Brussels

(0230 ET/0730 GMT) ECB board members Peter Praet speaks in Brussels

(0300 ET/0800 GMT) EU finance ministers convene at Brussels

(0415 ET/0915 GMT) Norway Central Bank Governor Oystein Olsen gives a speech on Oslo

(0615 ET/1115 GMT) ECB Board Member Benoit Coeure speaks in Brussels

(0700 ET/1200 GMT) Guest speech by ECB board members Sabine Lautenschlager at Frankfurt

(1015 ET/1515 GMT) Riksbank Governor Stefan speaks in Stockholm



FX Beat

DXY: The dollar index consolidated within narrow ranges as investors counted down to the U.S. midterm vote, the first major electoral test of President Donald Trump's big tax cuts and aggressive trade policies. The greenback against a basket of currencies trades flat at 96.35, having touched a low of 95.99 on Friday, its lowest since October 24. FxWirePro's Hourly Dollar Strength Index stood at 11.35 (Neutral) by 0500 GMT.

EUR/USD: The euro slightly edged down, as Eurozone finance ministers called on Italy overnight to change its 2019 budget to conform with European Union rules before a deadline set for next week. The European currency traded 0.5 percent down at 1.1403, having touched a low of 1.1302 on Wednesday, its lowest since August 15. FxWirePro's Hourly Euro Strength Index stood at 14.05 (Neutral) by 0500 GMT. Investors’ attention will remain on a series of data from the Eurozone economies and EZ producer price index, ahead of the U.S. JOLTS Job Opening data. Immediate resistance is located at 1.1432 (October 25 High), a break above targets 1.1476 (October 24 High). On the downside, support is seen at 1.1371 (5-DMA), a break below could drag it till 1.1302 (October 31 Low).

USD/JPY: The dollar rallied to a 1-month peak, as the U.S. congressional election is widely expected to boost the Democratic Party, which has a strong probability of winning control of the House of Representatives, with Republicans seen likely to keep the Senate. The major was trading 0.2 percent up at 113.41, having hit a high of 113.41, its highest since October 8. FxWirePro's Hourly Yen Strength Index stood at -119.87 (Highly Bearish) by 0500 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. JOLTS Job Opening data. Immediate resistance is located at 113.71 (September 28 High), a break above targets 114.10 (October 5 High). On the downside, support is seen at 112.35 (October 22 Low), a break below could take it lower 112.01 (October 17 Low).

GBP/USD: Sterling surged to a 2-week peak after a media report suggested the European Union and Britain may be inching closer to an orderly Brexit. The major traded 0.1 percent up at 1.3053, having hit a low of 1.3067 earlier; it’s highest since October 22. FxWirePro's Hourly Sterling Strength Index stood at 48.62 (Neutral) 0500 GMT. Investors attention will remain on the U.S. fundamental drivers, amid a lack of data from the UK docket. Immediate resistance is located at 1.3103 (October 19 High), a break above could take it near 1.3192 (October 17 High). On the downside, support is seen at 1.2936 (October 23 Low), a break below targets 1.2867 (October 24 Low). Against the euro, the pound was trading 0.1 percent up at 87.35 pence, having hit a high of 87.30, it’s highest since October 11.

AUD/USD: The Australian dollar rose, extending previous session gains, after the Reserve Bank of Australia left rates at 1.50 percent in a widely expected move and signalled policy will stay there for some while yet, but painted a bullish economic outlook. The Aussie trades 0.2 percent up at 0.7223, having hit a high of 0.7258 on Friday; it’s highest since September 27. FxWirePro's Hourly Aussie Strength Index stood at 103.01 (Highly Bullish) by 0500 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7164 (October 13 Low), a break below targets 0.7112 (October 16 Low). On the upside, resistance is located at 0.7275 (September 19 High)., a break above could take it near 0.7300.

NZD/USD: The New Zealand dollar consolidated within narrow ranges, ahead of the country's third-quarter employment report, which would provide some indication on the health of the economy. The Kiwi trades flat at 0.6661, having touched a high of 0.6689 on Friday, its highest level since September 26. FxWirePro's Hourly Kiwi Strength Index was at 71.69 (Bullish) by 0500 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6727 (August 28 High), a break above could take it near 0.6750. On the downside, support is seen at 6599 (October 1 Low), a break below could drag it below 6560.



Equities Recap

Asian shares declined, weighed down by a fall in and Chinese stocks and technology shares, while the greenback consolidated within narrow ranges ahead of the U.S. midterm elections.

MSCI's broadest of Asia-Pacific shares outside Japan dropped 0.1 percent.

Tokyo's Nikkei rose 1.2 percent to 22,147.75 points, Australia's S&P/ASX 200 index gained 0.9 percent to 5,875.20 points and South Korea's KOSPI surged 0.5 percent to 2,086.43 points.

Shanghai composite index  fell 0.9 percent to 2,652.27 points, while CSI300 index traded 1.3 percent down at 3,248.27 points.

Hong Kong’s Hang Seng traded 0.1 percent higher at 25,964.92 points. Taiwan shares shed 0.6 percent to 9,824.95 points.



Commodities Recap

Crude Oil oil prices surged, despite exemptions from Washington that will allow Iran's biggest oil customers to keep buying from Tehran. International benchmark Brent crude was trading 0.3 percent up at $72.85 per barrel by 0538 GMT, having hit a low of $72.56 on Friday, its lowest since August 21. U.S. West Texas Intermediate was trading 0.5 percent up at $62.95 a barrel, after falling as low as $62.56 on Monday, its lowest since April 9.

Gold prices declined as the dollar strengthened, while investors awaited U.S. midterm election results for market direction. Spot gold was 0.1 percent down at $1,229.85 per ounce at 0542 GMT, having touched a low of $1,211.87 on Wednesday, its lowest since Oct. 11. U.S. gold futures fell 0.2 percent to $1,230.5 per ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
Reply
Thanks given by:
Asia Roundup:
Kiwi at 3-month peak as unemployment rate declines, greenback eases as Democrats likely to gain U.S. House majority, Asian shares surge –
Wednesday, November 7th, 2018







Market Roundup

Democrats capture U.S. House majority in rebuke to Trump

Democrats pick up U.S. governorships but lose Florida, Ohio

India central bank governor could resign on Nov 19 – report

Smaller UK factories expect dip in output before Brexit – CBI

New Zealand HLFS Unemployment Rate, 3.9%, 4.5% f'cast, 4.5% prev



Economic Data Ahead

N/A China Forex Reserves (monthly), 3.060 trln f’cast, 3.087 trln prev

(0200 ET/0700 GMT) Germany Industrial Output (m/m), 0.1% f'cast, -0.3% prev

(0330 ET/0830 GMT) Great Britain Halifax House Prices (m/m), 0.3% f'cast, -1.4% prev

(0500 ET/1000 GMT) EZ Retail sales (y/y), 0.7% f'cast, 1.8% prev



Key Events Ahead

N/A U.S. Federal Reserve's Federal Open Market Committee begins its two-day meeting in Washington

N/A ECB governing council non-monetary policy meeting in Frankfurt

(1130 ET/1630 GMT) Riksbank Deputy Governor Martin Flodén

(1500 ET/2000 GMT) Reserve Bank of New Zealand announces Official Cash Rate in Wellington

(1850 ET/2350 GMT) Bank of Japan releases a summary of Oct 30-31 meeting



FX Beat

DXY: The dollar index slumped to a 2-week low as results from the U.S. midterm elections showed Republicans close to losing their hold on Congress.  The greenback against a basket of currencies trades 0.3 percent down at 96.02, having touched a low of 95.90, its lowest since October 23. FxWirePro's Hourly Dollar Strength Index stood at -126.65 (Highly Bearish) by 0400 GMT.

EUR/USD: The euro surged to a 2-week peak after the EU's economics commissioner stated that the European Commission could impose sanctions on Italy as the last resort if they cannot reach an agreement over Rome's rule-breaking budget, however, Brussels wants to avoid that alternative. The European currency traded 0.3 percent up at 1.1464, having touched a high of 1.1473, its highest since October 24. FxWirePro's Hourly Euro Strength Index stood at 76.53 (Slightly Bearish) by 0400 GMT. Investors’ attention will remain on a series of data from the Eurozone economies and EZ retail sales, ahead of the U.S. consumer credit change data. Immediate resistance is located at 1.1493 (October 23 High), a break above targets 1.1550 (October 22 High). On the downside, support is seen at 1.1382 (10-DMA), a break below could drag it till 1.1302 (October 31 Low).

USD/JPY: The dollar retreated from a 1-month peak as investor turned caution ahead of the U.S. midterm election results for implications on Washington's broader economic and political agenda. The major was trading 0.2 percent down at 113.20, having hit a high of 113.81, its highest since October 8. FxWirePro's Hourly Yen Strength Index stood at -111.22 (Highly Bearish) by 0400 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. consumer credit change data. Immediate resistance is located at 114.10 (October 5 High), a break above targets 114.55 (October 4 High). On the downside, support is seen at 112.35 (October 22 Low), a break below could take it lower 112.01 (October 17 Low).

GBP/USD: Sterling rallied to a 3-week peak on growing hopes of a Brexit deal breakthrough after a cabinet meeting. The major traded 0.3 percent up at 1.3142, having hit a high of 1.3148 earlier; it’s highest since October 17. FxWirePro's Hourly Sterling Strength Index stood at 59.47 (Bullish) 0400 GMT. Investors’ attention will remain on the UK Halifax House prices, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3181 (October 15 High), a break above could take it near 1.3257 (October 12 High). On the downside, support is seen at 1.3011 (October 19 Low), a break below targets 1.2936 (October 23 Low). Against the euro, the pound was trading 0.1 percent up at 87.27 pence, having hit a high of 87.11, it’s highest since May 30.

AUD/USD: The Australian dollar advanced to a 2-1/2 month peak as investors are awaiting the Reserve Bank of Australia's (RBA) quarterly statement on monetary policy due on Friday, where it will also issue updated forecasts for growth and inflation. The Aussie trades 0.4 percent up at 0.7269, having hit a high of 0.7272; it’s highest since September 26. FxWirePro's Hourly Aussie Strength Index stood at 128.97 (Highly Bullish) by 0400 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7164 (October 13 Low), a break below targets 0.7112 (October 16 Low). On the upside, resistance is located at 0.7275 (September 19 High)., a break above could take it near 0.7300.

NZD/USD: The New Zealand dollar rose to a 3-month peak, as the country's unemployment rate unexpectedly dropped to a 10-year low and reduced the already-low chance of a rate cut. The Kiwi trades 0.5 percent up at 0.6773, having touched a high of 0.6778, its highest level since August 2. FxWirePro's Hourly Kiwi Strength Index was at 155.16 (Highly Bullish) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6792 (August 2 High), a break above could take it near 0.6832 (July 31 High). On the downside, support is seen at 6687 (July 3 Low), a break below could drag it below 6634 (August 30 Low).



Equities Recap

Asian shares surged, while the greenback eased as investors expect the Democrats to gain a majority in the House and, as a result, remain skeptical about Trump's agenda.

MSCI's broadest of Asia-Pacific shares outside Japan gained 0.3 percent.

Tokyo's Nikkei gained 0.6 percent to 22,270.25 points, Australia's S&P/ASX 200 index advanced 0.3 percent to 5,893.00 points and South Korea's KOSPI surged 0.4 percent to 2,098.28 points.

Shanghai composite index  rose 0.3 percent to 2,666.28 points, while CSI300 index traded 0.4 percent up at 3,256.62 points.

Hong Kong’s Hang Seng traded 1.2 percent higher at 26,427.31 points. Taiwan shares added 0.8 percent to 9,902.70 points.



Commodities Recap

Crude Oil prices surged despite rising output and U.S. sanction waivers that allow Iran's biggest buyers to keep buying from Tehran. International benchmark Brent crude was trading 0.4 percent up at $71.94 per barrel by 0411 GMT, having hit a low of $71.16 on Tuesday, its lowest since August 16. U.S. West Texas Intermediate was trading 0.3 percent up at $61.89 a barrel, after falling as low as $61.34 on Tuesday, its lowest since Mar. 19.

Gold prices rebounded amid a weaker dollar, with investors waiting for the outcome of U.S. midterm elections that could see Republicans lose their grip on Congress. Spot gold was 0.2 percent up at $1,228.65 per ounce at 0415 GMT, having touched a low of $1,222.93 earlier, its lowest since Nov. 1. U.S. gold futures climbed 0.3 percent to $1,229.7 per ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
Reply
Thanks given by:
Asia Roundup:
Kiwi steadies as RBNZ warns of growth risks, Aussie gains on stronger-than-expected Chinese trade balance, Asian shares advance –
Thursday, November 8th, 2018







Market Roundup

U.S. to impose new duties on Chinese aluminum sheet products

Trump ousts Sessions, vows to fight Democrats if they launch probes

BOJ debated room for future tweaks to easy policy in October

UK house price indicator drops to six-year low – RICS

New Zealand central bank shifts to neutral tone, warns of growth risks

Australia launches $1.5 bln Pacific fund to counter China's influence

U.S., China should ensure G20 talks go well – senior Chinese diplomat

China Trade Balance USD, 34.01 bln, 35.00 bln f'cast, 31.69 bln prev

China Exports (y/y), 15.6%, 11.0% f’cast, 14.5% prev

China Imports (y/y), 21.4%, 14.0% f’cast, 14.3% prev

Japan Current Account NSA JPY, 1,821.6 bln, 1,722.6 bln, 1,838.4 bln prev

Japan Machinery Orders (y/y), -7.0%, 7.7% f'cast, 12.6% prev



Economic Data Ahead

(0200 ET/0700 GMT) Germany Trade Balance, EUR, SA, 18.0 bln f'cast, 18.3 bln prev



Key Events Ahead

(0915 ET/1415 GMT) Keynote speech by ECB Board Member Benoit Coeure at conference in Dublin

(1020 ET/1520 GMT) ECB President Mario Draghi speaks in Dublin

(1100 ET/1600 GMT) ECB's governing council member Ewald Nowotny speaks in Frankfurt

(1400 ET/1900 GMT) U.S. Federal Reserve's FOMC announces its decision on interest rates



FX Beat

DXY: The dollar index surged as the central bank's Federal Open Market Committee (FOMC) is due to release its latest policy decision after a two-day meeting. The greenback against a basket of currencies trades 0.05 percent up at 96.21, having touched a low of 95.68 on Wednesday, its lowest since October 22. FxWirePro's Hourly Dollar Strength Index stood at -92.48 (Slightly Bearish) by 0400 GMT.

EUR/USD: The euro consolidated within narrow ranges, as investors remained cautious over Italy's budget deficit and concerns over Europe's slowing economic growth. The European currency traded flat up at 1.1424, having touched a high of 1.1499 on Wednesday, its highest since October 22. FxWirePro's Hourly Euro Strength Index stood at 26.77 (Neutral) by 0400 GMT. Investors’ attention will remain on a series of data from the Eurozone economies, EZ economic bulletin, and European Commission's economic growth forecasts, ahead of the U.S. unemployment benefit claims and Fed policy meeting outcome. Immediate resistance is located at 1.1529 (October 8 High), a break above targets 1.1550 (October 22 High). On the downside, support is seen at 1.1382 (10-DMA), a break below could drag it till 1.1302 (October 31 Low).

USD/JPY: The dollar rallied toward a 1-month peak, as investors turned their focus to the Federal Reserve's monetary tightening path. The Fed has increased interest rates three times this year as the U.S. economy strengthened and inflation picked up momentum. The central bank has signalled a rate rise in December, with two more hikes by mid-2019. The major was trading 0.2 percent down at 113.70, having hit a high of 113.81 on Wednesday, its highest since October 8. FxWirePro's Hourly Yen Strength Index stood at -143.01 (Highly Bearish) by 0400 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. unemployment benefit claims and Fed policy meeting outcome. Immediate resistance is located at 114.10 (October 5 High), a break above targets 114.55 (October 4 High). On the downside, support is seen at 113.07 (November 5 Low), a break below could take it lower 112.35 (October 22 Low).

GBP/USD: Sterling steadied near a 3-week peak on growing hope that Britain is close to securing a deal with the European Union less than five months before it is due to exit the bloc. The major traded flat at 1.3124, having hit a high of 1.3174 on Wednesday; it’s highest since October 17. FxWirePro's Hourly Sterling Strength Index stood at 81.43 (Slightly Bullish) 0400 GMT. Investors’ attention will remain on the U.S. fundamental drivers, amid a lack of economic data from the UK docket. Immediate resistance is located at 1.3181 (October 15 High), a break above could take it near 1.3257 (October 12 High). On the downside, support is seen at 1.3011 (October 19 Low), a break below targets 1.2936 (October 23 Low). Against the euro, the pound was trading 0.05 percent down at 87.05 pence, having hit a high of 87.00 earlier, it’s highest since May 30.

AUD/USD; The Australian dollar held gains near a 2-1/2 month peak after data showed China exports surged 15.6 percent from a year earlier in October, while imports expanded 21.4 percent, both beating expectations. The Aussie trades 0.05 percent up at 0.7273, having hit a high of 0.7299 on Wednesday; it’s highest since September 26. FxWirePro's Hourly Aussie Strength Index stood at 162.96 (Highly Bullish) by 0400 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7236 (September 25 Low), a break below targets 0.7164 (October 13 Low). On the upside, resistance is located at 0.7300, a break above could take it near 0.7345.

NZD/USD: The New Zealand dollar extended gains for the fourth straight session, after the Reserve Bank of New Zealand kept the official cash rate at 1.75 percent, as widely expected, and signalled the need for rates to stay there until 2020. The Kiwi trades 0.05 percent up at 0.6784, having touched a high of 0.6814, its highest level since August 1. FxWirePro's Hourly Kiwi Strength Index was at 81.39 (Slightly Bullish) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6832 (July 31 High), a break above could take it near 0.6850 (July 26 High). On the downside, support is seen at 0.6720 (August 3 Low), a break below could drag it below 0.6687 (July 3 Low)



Equities Recap

Asian shares rallied to a 1-month peak, boosted by stronger-than-expected data from China, while the greenback bounced from 2-1/2-week lows ahead of the Federal Reserve's Federal Open Market Committee policy meeting outcome.

MSCI's broadest of Asia-Pacific shares outside Japan gained 0.5 percent.

Tokyo's Nikkei gained 1.9 percent to 22,513.29 points, Australia's S&P/ASX 200 index advanced 0.5 percent to 5,928.20 points and South Korea's KOSPI surged 1.6 percent to 2,112.82 points.

Shanghai composite index  rose 0.3 percent to 2,649.84 points, while CSI300 index traded 0.3 percent up at 3,230.62 points.

Hong Kong’s Hang Seng traded 0.8 percent higher at 26,325.99 points. Taiwan shares added 0.4 percent to 9,945.43 points.



Commodities Recap

Crude Oil prices surged despite record U.S. crude output heightened concerns of a return of global oversupply. International benchmark Brent crude was trading 0.1 percent up at $72.04 per barrel by 0406 GMT, having hit a low of $71.21 on Tuesday, its lowest since August 16. U.S. West Texas Intermediate was trading 0.2 percent up at $61.70 a barrel, after falling as low as $61.23 on Wednesday, its lowest since Mar. 16.

Gold prices declined, extending losses for the fifth straight session, while the dollar surged and investors turned their attention to the Federal Reserve meeting for clues on future interest rate hikes. Spot gold was 0.2 percent down at $1,223.64 per ounce at 0410 GMT, having touched a low of $1,222.93 on Wednesday, its lowest since Nov. 1. U.S. gold futures were down 0.2 percent to $1,226.6 per ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
Reply
Thanks given by:
Asia Roundup:
Antipodeans ease on diverging monetary policies, greenback rallies on Fed's hawkish stance, Asian shares tumble –
Friday, November 9th, 2018







Market Roundup

Fed leaves rates unchanged, says U.S. economy strong

Recounts, runoffs loom over high-profile elections in Florida, Georgia

POLL-Chance of no-deal Brexit holds firm at one-in-four as clock ticks

EU wants customs border in Irish sea in case of no-deal Brexit-Times, citing May letter

Australia central bank upbeat on economy, but trade war a “material risk”

U.S. ambassador expects 'frank' exchanges in China dialogue on Friday

Australia Housing Finance, -1.0%, -1.0% f'cast, -2.1% prev

China PPI (y/y), 3.3%, 3.3% f'cast, 3.6% prev

China CPI (y/y), 2.5%, 2.5% f'cast, 2.5% prev

U.S. fund investors pull most cash in three weeks from stocks -Lipper

Foreign CB US debt holdings +$639 mln to $3.415 trln Nov 7 week

Treasuries +$185 mln to $3.042 trln, Agencies +$614 mln to 306. 038 bln



Economic Data Ahead

(0245 ET/0745 GMT) France Industrial Output (m/m), -0.3% f'cast, 0.3% prev

(0430 ET/0930 GMT) Great Britain GDP Estimate (y/y), 1.5% f'cast, 1.5% prev

(0430 ET/0930 GMT) Great Britain Industrial Output (y/y), 0.4% f'cast, 1.3% prev

(0430 ET/0930 GMT) Great Britain Manufacturing Output (y/y), 0.4% f'cast, 1.3% prev

(0430 ET/0930 GMT) Great Britain Goods Trade Balance GBP, -11.25 bln f'cast, -11.20 bln

(0430 ET/0930 GMT) Great Britain GDP Prelim (y/y), 1.5% f'cast, 1.2% prev

(0430 ET/0930 GMT) Great Britain Business Invest (m/m), 0.2% f'cast, -0.7% prev



Key Events Ahead

(0400 ET/0900 GMT) Randal Quarles, the Federal Reserve's vice chair for supervision, speaks in Washington

(0500 ET/1000 GMT) ECB board member Benoit Coeure speaks in Frankfurt

(0830 ET/1330 GMT) Federal Reserve Bank of New York President John Williams speaks in New York

(0845 ET/1345 GMT) Federal Reserve Bank of Philadelphia President Patrick Harker speaks in New York

(0930 ET/1830 GMT) Andy Haldane, Bank of England Chief Economist, speaks in London



FX Beat

DXY: The dollar index rallied to a 1-week peak, boosted by Fed's largely upbeat economic outlook and its intent to keep tightening monetary policy. The greenback against a basket of currencies trades 0.1 percent up at 96.77, having touched a high of 96.60, its highest since November 1. FxWirePro's Hourly Dollar Strength Index stood at 109.58 (Highly Bullish) by 0400 GMT.

EUR/USD: The euro declined after quarterly economic forecasts released yesterday, showed Eurozone growth is expected to slow in the coming years and predicted a protracted slowdown until 2020. The European currency traded 0.2 percent down at 1.1346, having touched a low of 1.1341 earlier, its lowest since November 1. FxWirePro's Hourly Euro Strength Index stood at -118.26 (Highly Bearish) by 0400 GMT. Investors’ attention will remain on a series of data from the Eurozone economies, ahead of the U.S. producer price index and Fed's Quarles speech. Immediate resistance is located at 1.1420 (October 26 High), a break above targets 1.1550 (October 22 High). On the downside, support is seen at 1.1302 (October 31 Low), a break below could drag it till 1.1264.

USD/JPY: The dollar eased on profit-taking after rising to a 1-month month peak in the previous session as the U.S. Federal Reserve kept interest rates steady but reaffirmed its monetary tightening stance. The major was trading 0.1 percent down at 113.89, having hit a high of 114.08 on Thursday, its highest since October 5. FxWirePro's Hourly Yen Strength Index stood at -48.51 (Neutral) by 0400 GMT. Investors’ will continue to track the broad-based market sentiment, ahead of the U.S. producer price index and Fed's Quarles speech. Immediate resistance is located at 114.55 (October 4 High), a break above targets 115.00. On the downside, support is seen at 113.52 (October 3 Low), a break below could take it lower 113.07 (November 5 Low).

GBP/USD: Sterling eased, extending previous session losses, as British Prime Minister Theresa May stepped up attempts to court European support for a Brexit deal. The major traded 0.1 percent down at 1.3047, having hit a high of 1.3174 on Wednesday; it’s highest since October 17. FxWirePro's Hourly Sterling Strength Index stood at 27.59 (Neutral) 0400 GMT. Investors’ attention will remain on the UK prelim gross domestic product, manufacturing production, industrial prod, and trade balance data, ahead of U.S. fundamental drivers. Immediate resistance is located at 1.3106 (November 6 High), a break above could take it near 1.3181 (October 15 High). On the downside, support is seen at 1.3011 (October 19 Low), a break below targets 1.2936 (October 23 Low). Against the euro, the pound was trading flat at 86.96 pence, having hit a high of 86.91 earlier, it’s highest since Apr. 27.

AUD/USD: The Australian dollar dropped as the RBA upgraded its growth forecasts for the next couple of years but still did not see a strong case for a near-term rate rise as inflation is expected to remain subdued. The Aussie trades 0.2 percent down at 0.7243, having hit a high of 0.7302 on Thursday; it’s highest since September 26. FxWirePro's Hourly Aussie Strength Index stood at 11.36 (Neutral) by 0400 GMT. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7205 (November 6 Low), a break below targets 0.7164 (October 13 Low). On the upside, resistance is located at 0.7300, a break above could take it near 0.7345.

NZD/USD: The New Zealand dollar fell after the Federal Reserve underlined the diverging monetary policies between the United States and New Zealand. The Kiwi trades 0.2 percent down at 0.6740, having touched a high of 0.6814 on Wednesday, its highest level since August 1. FxWirePro's Hourly Kiwi Strength Index was at 92.64 (Slightly Bullish) by 0400 GMT. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6832 (July 31 High), a break above could take it near 0.6880. On the downside, support is seen at 0.6720 (August 3 Low), a break below could drag it below 0.6687 (July 3 Low)



Equities Recap

Asian shares  tumbled, while the greenback surged as the Fed held interest rates steady but remained on track to continue gradually raising borrowing costs, indicating to healthy economic prospects.

MSCI's broadest of Asia-Pacific shares outside Japan slumped 1.1 percent.

Tokyo's Nikkei declined 0.9 percent to 22,296.95 points, Australia's S&P/ASX 200 index eased 0.1 percent to 5,921.80 points and South Korea's KOSPI slipped 0.1 percent to 2,090.08 points.

Shanghai fell 0.9 percent to 2,609.75 points, while CSI300 index traded 1.0 percent up at 3,180.63 points.

[b]Hong Kong’s Hang Seng
traded 2.1 percent lower at 25,683.69 points. Taiwan shares shed 1.2 percent to 9,830.01 points.


Commodities Recap

Crude Oil prices declined as rising supply and concerns of an economic slowdown dented market sentiment, with U.S. crude down about 20 percent since early October. International benchmark Brent crude was trading 0.2 percent down at $70.78 per barrel by 0412 GMT, having hit a low of $70.44 earlier, its lowest since August 16. U.S. West Texas Intermediate was trading 0.3 percent down at $60.59 a barrel, after falling as low as $60.34, its lowest since Mar. 14.

Gold prices eased as the dollar steadied after the U.S. Federal Reserve kept interest rates steady with a fourth hike for this year expected next month. Spot gold eased 0.4 percent at $1,218.02 per ounce at 0417 GMT, having touched a low of $1,217.74 earlier, its lowest since Nov. 1 and was down about 0.9 percent for the week and on track to post its biggest weekly fall since August. U.S. gold futures was down 0.2 percent to $1,223 per ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
[/b]
Reply
Thanks given by:
Asia Roundup:
Japanese yen trades marginally lower after corporate goods price data, Asian markets slightly up, gold stabilizes below $1,210 mark –  
Monday, November 12, 2018







Market Roundup

Softly, softly for now, British PM May's enforcers gear up for big Brexit vote.

Change Brexit course or face total surrender – Britain's Boris Johnson.

Four UK ministers on verge of quitting, EU rejects latest plan.

Europe may not be happy with Italy's budget response – Deputy PM Salvini.

Japan PM Abe calls for public works spending plan to help economy.

Singapore calls for closer S.E. Asia, says multilateralism under threat.

Saudi Arabia to ship less oil in Dec as it floats cut talks possibility.

Japan Oct Corp Goods Price (mm), 0.3%, 0.1% forecast, 0.3% previous.

Japan Oct Corp Goods Price (yy), 2.9%, 2.7% forecast, 3.0% previous.



Economic Data Ahead

No major economic event scheduled for the day.



Key Events Ahead

(0400 ET/0900 GMT) Speech by Danièle Nouy, the head of ECB's supervisory board, at the Communicators Conference in Frankfurt, Germany.

(0500 ET/1000 GMT) Keynote speech by ECB Vice President Luis de Guindos at opening conference of 21st Euro Finance Week in Frankfurt, Germany.

(0600 ET/1100 GMT) Deputy Governor Martin Flodén will discuss the economic situation and monetary policy at Sparbanken Skåne, Sweden.

(0630 ET/1130 GMT) Sam Woods, BOE Deputy Governor for Prudential Regulation and CEO of the Prudential Regulation Authority, to moderate a panel at Chatham House Conference in London.

(0900 ET/1400 GMT) German Finance Minister Olaf Scholz speaks to the foreign press association on a range of issues in Berlin.

(1030 ET/1530 GMT) ECB bank supervisors Danièle Nouy and Sabine Lautenschläger speak to students in a Youth Dialogue in Frankfurt, Germany.

(1430 ET/1930 GMT) Federal Reserve Bank of San Francisco President Mary Daly speaks on the economic outlook before the Regional Economic Development for Eastern Idaho at Idaho.

(1730 ET/2230 GMT) A speech by RBNZ Deputy Governor and Head of Financial Stability Geoff Bascand in Wellington.



FX Beat

USD: The dollar index gained 0.12 percent on Monday, changing hands at 97.02, sitting a little below its 16-month high of 97.2 hit on Oct 31. The dollar index has strengthened four weeks in row, gaining 0.37 percent last week.

EUR/USD: The euro traded at $1.1322 on Monday, down 0.11 percent. The single currency lost ground versus the dollar in the previous three trading sessions as investor confidence weakened due to the standoff over Italy's budget. The European Commission(EU) rejected Italy's 2019 budget last month, saying it flouted a previous commitment to lower the country's deficit. The EU gave Rome until Tuesday to present a revised version of the budget. The EU also cut its forecasts for Italian growth last week, adding to investor concerns over Italy's debts and economic outlook. A consistent close below $1.1335 will drag the parity down towards key supports around $1.1185 and $1.1080 levels respectively. Alternatively, reversal from key support will drag the parity higher towards key resistances around $1.1432, $1.1550, $1.1620, $1.1738 and $1.1852 marks respectively.

USD/JPY: The Japanese yen trades marginally lower in early Asia and jumps above 114.00 mark. Pair was currently trading around 114.01 marks. It made intraday high at 114.03 and low at 113.77 levels. A sustained close above 114.06 is required to take the parity higher towards key resistances around 114.55, 115.25 and 117.98 marks respectively. Alternatively, a daily close below 113.79 will drag the parity down towards key supports around 112.60, 110.98, 110.27, 109.24, 108.72 and 107.90 marks respectively.

GBP/USD: The sterling falls more than 0.5 pct to $1.2901 on Brexit uncertainty. Sterling extended its losses on Friday after Johnson resigned from Prime Minister Theresa May's government over her “delusional” Brexit plans and called for another referendum on Britain's EU membership. The pound's initial drop was slow, as the news came towards the end of the European trading day when liquidity can be tight. It also weakened 0.3 percent to 87.32 pence versus the euro, a session low. A sustained close below $1.2972 requires for dragging the parity down towards key supports around $1.2817, $1.2662 and $1.2498 mark respectively. On the other side, key resistances are seen at $1.3017, $1.3187, $1.3215, $1.3362 and $1.3490 levels respectively.

AUD/USD: The Australian dollar eased again on Monday as concerns about global growth resurfaced, weighing on risk-sensitive assets including equities. The currency was also dragged down by a broadly stronger U.S. dollar after the Federal Reserve last week reaffirmed its plans to raise interest rates in December and beyond. The Australian dollar hit a one-week trough of $0.7211, slipping from Friday's $0.7227. It went as high as $0.7303 on Thursday, a level not seen since late September but it failed to build on those gains. The pair made intraday high at $0.7237 and low at $0.7214 levels. Immediate support and resistance levels were seen at $0.7160 and $0.7303 mark respectively.

NZD/USD: The New Zealand dollar was last at $0.6733, drifting further away from a more than three-month high of $0.6814 touched last week. Major support is down at $0.6424, with resistance around $0.6850. Pair made intraday high at $0.6750 and low at $0.6723 levels. A sustained close above $0.6735 is required to take the parity higher towards $0.6814 and $0.7050 mark respectively. Alternatively reversal from key resistance will take the parity down towards key supports around $0.6402 levels.



Equities Recap

Tokyo's Nikkei was trading 0.12 pct higher at 22,280.50 points.

Shanghai composite index fell 0.9 percent to 2,609.75 points, while CSI300 index traded 1.0 percent up at 3,180.63 points.

Hong Kong’s Hang Seng to open down 0.2 pct at 2,593.20 points and China's CSI300 index to open down 0.2 pct at 3,160.25 points.



Commodities Recap

Crude Oil rose by about one percent on Monday after top exporter Saudi Arabia announced a cut in supply for December, seen as a measure to halt a market slump that had seen crude decline by 20 percent since early October. International benchmark Brent crude oil futures were at $71.11 per barrel at 0051 GMT, up 93 cents, or 1.3 percent from their last close. U.S. West Texas Intermediate (WTI) crude oil futures were at $60.73 per barrel, up 54 cents, or 0.9 percent from their last settlement.

Gold prices were steady on Monday, having dipped to a one-month low in the previous session after the U.S. dollar firmed on the Federal Reserve's plans to gradually keep tightening borrowing costs. Spot gold was little changed at $1,209.57 per ounce at 0121 GMT. On Friday, prices fell to their lowest since Oct. 11 at $1,206.13 per ounce. U.S. gold futures were up 0.3 percent at $1,211.7 per ounce.













DAPATKAN INFO TERKINI DAILY MARKET NEWS SETIAP HARI DI FIREWOODFX

http://www.firewoodfx.com/category/forex-market-news/





.
Reply
Thanks given by:


Forum Jump:


Users browsing this thread: 1 Guest(s)