ANZ's indicator of price trends for New Zealand's 17 main commodity exports -0.2% m/m and -3.0% y/y In local currency terms the index fell 1.3% m/m and -6.4% y/y

Yen is trading with an undertone today despite mixed risk markets. Treasury yield is a factor weighing on Yen again, with US 10-year yield staying firm around 0.73 handle. Germany 10-year is also back above -0.4% handle. US stocks open slightly lower, following mild weakness in Europe, but that’s ju

Photo: Bloomberg Morgan Stanley has agreed to pay a fine of $175,000 in order to settle charges from the Financial Industry Regulatory Authority (FINRA) regarding short-term trades of corporate bonds. In particular, according to a document signed on the 12th of August 2020 seen by Finance Magnates

NZD/USD consolidates RBNZ-led losses near one-month low. Sellers are in command but catching a breather following four-day losing streak. Bulls will have to cross 0.6700 to regain the market’s confidence. NZD/USD extends the post-RBNZ pullback while taking rounds to 0.6550, intraday low of 0.6524,

EUR/USD attracted some dip-buying on Thursday amid the emergence of some fresh USD selling. Growth concerns, fiscal impasse, a steep decline in the US bond yields weighed heavily on the buck. The strong move up extended through the Asian session on Friday and pushed the pair to 1.1900. The EUR/USD

The most important release this week will be second quarter GDP growth in Czechia. We expect the flash estimate to be deeply negative, even showing a double-digit y/y contraction, driven by the economic lockdown in April. In Croatia and Serbia, June retail trade and industrial output will be publish

Photo: FM The Financial Conduct Authority (FCA) today issued several warnings to local investors highlighting unauthorized firms known to have been soliciting customers in the UK jurisdiction. The regulator also pointed out that some of the brokers highlighted in the latest flurry against unauthor

The University of Michigan consumer sentiment index fell to 73.2 from 78.1 in July. However, this data has a short-lived impact on the market. Talking over middleterm, we have a good setup in this market – commercials are long, the evaluation index shows the dollar is undervalued, but time matters a

Here is what you need to know on Friday, July 10: Risk-off: Stocks have been falling and the dollar recovering amid worrying US coronavirus figures and also concerns about the policies of Joe Biden, who is challenging President Donald Trump. Additional COVID-19 updates, Canada's jobs report, and US

In the view of the analysts at JP Morgan, the US stock markets, including the S&P 500 index, looks bullish in the short to medium term. Key quotes “1. Positioning remains light around macro and systematic investors. Seasonality over summer should help the volatility spike continue to fade, which

EURJPY created a spike above the 20-day simple moving average (SMA), but the bias remains bearish in the short-term, as the price is trading well below the 13-month peak of 124.42. Further backing this short-term view are the Ichimoku lines and the 20-day SMA, which is reversing down. However, for

FX option expiries for June 29 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1165 760m 1.1200 855m 1.1270 989m 1.1300 888m - USD/JPY: USD amounts          108.00 431m  - USD/CAD: USD amounts 1.3720 562m