December 3, 2019
Snap Chart – Emerging Market Currencies
Why The Japanese Yen Matters
FX Rundown: November 12, 2019
Singles Day Recap: Chinese Consumers Alive & Kicking
Asian equities had a surprisingly strong day following yesterday’s selloff as virtually all of the markets rebounded. Hong Kong rebounded despite protests in the financial district yesterday afternoon. Some companies let employees leave work early which led to them getting caught up in the mayhem.
November 6, 2019
Technical Analysis Heading into Wednesday’s Open: Nov. 6, 2019
Australia’s Currency Reflects Rise in Risk Appetite
FX Rundown: October 24, 2019
Five Best-Performing Transport-Linked Plays Returned 50% in YTD
Sensex Ends Flat; Banking and Power Stocks Witness Selling
October 24, 2019
Technical Analysis Heading into Thursday’s Open: October 24, 2019
EURJPY Consolidating Above Weekly Chart Downtrend Resistance
MSCI Responds to Rubio, New Orient Education (EDU) Earnings Exceed Expectations
Asian equity markets had a strong day except for India, which was an outlier by declining on the day, and Japan, which was closed. Hong Kong and Mainland China had the dual tailwinds of continued positive coverage of trade talks and the PBOC’s injection of liquidity into the interbank market. It was a fairly quiet day with Vice Foreign Minister Le Yucheng providing positive trade talk commentary.
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FX Rundown: October 17, 2019
The Stock Market May Be Poised For A Big Break Out on October 17
Early Look: Thursday, October 17, 2019
Stock futures are rising, tracking gains in Europe after leaders in Europe said the UK and EU reached a deal on Brexit. The British Pound jumps over 0.5% topping the 1.29 level, its highest levels since mid-May, while the euro also rises against the dollar. In Asian markets, The Nikkei Index fell -21 points to 22,451. the Shanghai Index was little changed at 2,977 and the Hang Seng Index rose 184 points to 26,848.
AUDJPY Breaking Daily Chart Triangle Resistance
Why Global Investors Want Access To China’s Gold Market
FX Rundown: October 15, 2019
Trading Around the World
Prepare FX Hedges For USD Bear Market Risk
China Last Night: October 15, 2019
Asian equities were predominantly up with Japan playing catch up after yesterday’s holiday while South Korea, Taiwan, India, Thailand and Indonesia were up. China, Malaysia and Singapore were down today while Hong Kong was basically flat despite China’s mainland media confirming trade talks had made “substantial progress”. Yesterday’s Bloomberg article on the lack of media mention was the latest negative spin on the positive steps taken by both sides.
October 15, 2019
Technical Analysis Heading into Tuesday’s Open: October 15, 2019
FX Rundown: October 14, 2019
Fundamentals: Risk assets found broad support to finish last week as President Trump paraded an interim trade deal. Mounting positivity surrounding Brexit and soft U.S inflation data brought additional tailwinds to help the Euro settle Friday at the highest level since September 19th. The tables quickly turned coming out of the weekend though, cold water was poured over progress on each U.S-China and Brexit. Still, the Euro is clinging to gains in a low volatility atmosphere ahead of a crucial German ZEW Sentiment read tomorrow morning. The economic data has not gotten any better, Chinese Trade Balance last night showed Exports and Imports both contracted more than expected and tomorrow we hear the IMF’s revised growth estimates. We continue to believe rallies in the Euro are sell opportunities and if ZEW misses at 4:00 am CT tomorrow, look for follow through from today’s session to the downside.
Chart View: Why China’s Currency Will Not Be Weaponized…
China Last Night: October 10, 2019
The latest round of trade negotiations begins today in Washington. It was a Jekyll & Hyde session as news flow swung from positive (US China FX deal, truce/not deal feasibility, US Huawei exemptions) to bad (little progress on Monday/Tuesday US China lower level trade dialogue, NBA, visas) back to positive leading to a mixed overnight session as Japan, HK and China gained while Korea and India were down on the day with Taiwan closed for holiday.