Risk-on sentiments continue in Asian session today with Nikkei hitting 30-year higher, while oil prices are also back at pre-pandemic level. Yen and Swiss Franc are currently the weakest one, together with Euro. On the other hand, commodity currencies are leading the way up naturally. Dollar and Sterling are mixed in between. Technically, EUR/USD is
Dollar pushes slight gains across the board to start the day EUR/USD has eased from 1.2045 to a session low of 1.2025 but still keeping within its key hourly moving averages for the time being, as the dollar gains some slight ground across the board on the back of higher Treasury yields. Elsewhere, the greenback
Latest data released by the SNB – 8 February 2021 Domestic sight deposits CHF 640.2 bn vs CHF 637.4 bn prior Prior week’s release can be found here. Overall sight deposits ease a little in the past week as the SNB appears to have taken its foot off the pedal in recent weeks. The more
SINGAPORE: Oil prices rose on Monday to their highest in just over a year, with Brent futures nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further US economic stimulus measures to boost demand. Brent crude for April touched an intraday high of $60.06 a barrel, the highest since
People volunteer for Covid-19 surveillance testing using the Quest Diagnostics self administered PCR test on on July 12, 2020 in Livingston, Montana. William Campbell | Getty Images Quest Diagnostics said Thursday that continued high demand for Covid-19 testing helped drive record revenues and earnings for the company in the fourth quarter and full year 2020.
AUD/USD begins the week with a 10-pip gap to the south despite Friday’s heavy run-up. Market sentiment stays positive amid stimulus hopes, vaccine developments even as Friday’s US employment came in mixed. Wall Street benchmarks flirted with record top, US 10-year Treasury yields rose to 11-month high. No major data/events in Asia keeps risk catalysts
Ups and downs continue in the NZDUSD pair The NZDUSD has tilted the bias back to the upside after moving back above the 50% of the range (going back to January 20) and the 100 and 200 hour MAs. Those three technical levels are between 0.7176 and 0.71809. The lows today tested the low from Tuesday
What’s happening in the FX market EUR/USD -6 pips to 1.2040 USD/JPY -6 pips to 105.33 GBP/USD -16 points to 1.3719 USD/CHF -2 pips to 0.8992 USD/CAD +9 pips to 1.2765 AUD/USD -16 pips to 0.7662 NZD/USD -5 pips to 0.7192 These are early levels and can change once liquidity improves. The early theme is
The Anon Powered development team has announced today the launch of Premia, the latest decentralized finance (DeFi) options platform live on Ethereum. In an interview with Cointelegraph, the group of semi-anonymous developers behind Anon Powered — who collectively requested that they be referred to as “members of the Premia Republic,” the name for Premia’s forthcoming
Nickel prices rose by 1.52 per cent to Rs 1,301.70 per kg in futures trade on Friday as speculators built fresh positions on a rising demand from alloy makers in spot market. On the Multi Commodity Exchange, nickel contracts for February delivery gained Rs 19.50, or 1.52 per cent, to Rs 1,301.70 per kg in
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images Kohl’s on Thursday released preliminary fourth-quarter results, anticipating sales to be down about 10% year over year, and same-store sales dropping 11%. Its shares were up about 1% in premarket trading. Chief Executive Michelle Gass said digital sales represented more than
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German DAX falls slightly breaking the 4 day win streak. Italy and Spain have risen for 5 consecutive days The European shares are ending the session with mixed results. Italy and Spain led the way today and in this week. Each of their indices increased every day this week. A look at the provisional closes
Oil up nearly 20% year-to-date Is there a more-overlooked asset than oil this year? It’s been written-off for dead with investment fleeing the sector but oil inventories will be rapidly drawn down in the months ahead. OPEC+ will face increasingly tough decisions about what to do and the March decision could be the difference between