News
Considering the economic news regularly would help investors to catch opportunities on time. Before proceeding, make sure to check for any news that may affect the value of the positions you are interested in by following this page.
Australian PM Morrison: Continue to be concerned about issues in Hong Kong
At a press briefing on Wednesday, Australian Prime Minister (PM) Scot Morrison hinted at further restrictions on the travel while voicing his concern
Japan’s Suga: Further easing on July 10 will proceed as planned
Japan’s Chief Cabinet Secretary Yoshihide Suga said on Wednesday, the further easing of restrictions on July 10 will proceed as planned. This comes de
AUD/JPY: Aussie policymakers’ actions battle virus-led risk-off below 75.00
AUD/JPY recedes from the intraday high of 74.83 to 74.68 during the early Wednesday. The pair snapped a three-day winning streak on Tuesday but the fo
Gold ETFs post seventh straight month of inflows – WGC
According to the latest World Gold Council (WGC) report, gold-backed exchange-traded funds (ETF) recorded their seventh consecutive month of positive
EUR/CHF Price Analysis: Downside appears more compelling below 1.0620
EUR/CHF is consolidating the drop to 1.0620, posting small gains in Asia so far. The bulls look to the Swiss Jobless Rate data for the recovery to pic
EUR/USD Price Analysis: Short-term rising channel keeps buyers hopeful below 1.1300
EUR/USD trims the early-day gains while taking rounds to 1.1270/75 amid Wednesday’s Asian session. The major pair recently bounced off an immediate ri
AUD/USD: Bulls pulling commitments below weekly highs
AUD/USD is currently trading at 0.6947 and virtually flat n the day having stuck to a relatively tight 0.6932/50 range for the Asian session so far. U
GBP/USD Price Analysis: 200-day EMA lures the bulls beyond 1.2550
GBP/USD takes the bids near 1.2565 amid the initial hours of Tokyo trading on Wednesday. The pair crossed 61.8% Fibonacci retracement of March month m
Japan’s Nishimura: Need to deal with coronavirus countermeasures with a sense of urgency
Japanese Economy Minister Yasutoshi Nishimura said in a statement on Wednesday, expressed his concerns on the rising number of new coronavirus cases i
Coronavirus update: Victoria reports 134 new infections, 860 active cases
The no. 2 most populous Australian state of Victoria, the COVID-19 hotpot, reported 134 new infections on Tuesday, down from Monday’s jump of 191. Of
S&P 500: Futures part ways from Wall Street despite grim headlines
S&P 500 Futures recovers from a two-day low while taking the bids near 3,147, up 0.30% on a day, during Wednesday’s Asian session. The US equity gauge
PBOC sets Yuan reference rate at 7.0207
On Wednesday, the People's Bank of China (PBOC) has set the yuan reference rate at 7.0207 versus Tuesday's fix at 7.0310. The Chinese central bank ski
USD/CAD Price Analysis: Buyers target multi-day-old resistance line above 1.3600
USD/CAD rises to 1.3610 amid the initial Asian session on Wednesday. In doing so, the pair escalates Tuesday’s pullback from 1.3525 to print a four-da
USD/JPY eyes 108.00 as Tuesday’s recovery moves gains momentum
USD/JPY ticks up to 107.65 amid the initial hour of Tokyo trading on Wednesday. In doing so, the yen pair stretches the previous day’s recovery moves
US coronavirus cases rise to over 3 million: Are global markets finally seeing the Grim Reaper?
In a Reuters tally, the US coronavirus cases rose to over 3 million total on Tuesday, the largest outbreak in the world. There is little coincidence t
WTI Price Analysis: Fades upside momentum beyond $40.00
WTI takes rounds to $40.50/40 as the Tokyo session opens for Wednesday. The energy benchmark repeated failures to cross $41.00 so far during the curre
Japan Trade Balance - BOP Basis up to ¥-556.8B in May from previous ¥-966.5B
Japan Trade Balance - BOP Basis up to ¥-556.8B in May from previous ¥-966.5B
Japan Bank Lending (YoY) below forecasts (7.2%) in June: Actual (6.2%)
Japan Bank Lending (YoY) below forecasts (7.2%) in June: Actual (6.2%)
Japan Current Account n.s.a. came in at ¥1176.8B, above expectations (¥1088.2B) in May
Japan Current Account n.s.a. came in at ¥1176.8B, above expectations (¥1088.2B) in May
NZD/USD consolidates pullback from monthly top near mid-0.6500 area
NZD/USD seesaws around 0.6550 during the early Asian session on Wednesday. The kiwi pair took a U-turn from the early-June top, also the highest since
GBP/JPY Price Analysis: Struggles to confirm inverse Head-And-Shoulders on 4-hour chart
GBP/JPY seesaws around 135.00 amid the pre-Tokyo open trading on Wednesday. The pair stepped back from a multi-day high after piercing the neckline of
US Pres. Trump aides weigh proposals to undermine Hong Kong’s dollar peg – Bloomberg
US Secretary of State Mike Pompeo joins some of the top advisers in the Trump administration to consider using the Hong Kong dollar’s peg with the US
Australia upgrades travel warning for China – Sydney Morning Herald
Early Wednesday morning in Asia, Australia’s Depart of Foreign Affairs and Trade (DFAT)warned that their citizens living in and traveling to China may
Gold Price Analysis: XAU/USD bulls eye $1,800 threshold as virus-led risk-off fade equities’ rally
Gold prices ease from the multi-year top to $1,794 amid the initial Asian session on Wednesday. The bullion probed November 2011 top the previous day
US Sec. of State Pompeo announces visa restrictions for some Chinese officials over Tibet
During Tuesday night in the US, Reuters came out with the news suggesting escalation in the Sino-American tussle. The reason is the Trump administrati
AUD/NZD Price Analysis: Bears attack 1.0600 to revisit two-month-old support area
AUD/NZD remains on the back foot around 1.0610 amid the early Wednesday morning in Asia. The pair snapped a two-day winning streak the previous day wh
AUD/USD: Coronavirus woes slow down bulls below 0.7000
AUD/USD kick-starts Wednesday’s trading session by struggling to extend the latest recovery moves from 0.6938 while taking rounds to 0.6950. The quote
UK Chancellor Sunak is reported to announce GBP 2bn funding for thousands of jobs
The economic recovery post-Covid was always going to difficult, but Boris Johnson and Rishi Sunak are offering none of the progressive elements that m
Wall Street Close: Investors start to doubt the economic recovery playbook
Wall Street has buckled mid-week following a long weekend and mounting bad news with respect to the spread of the coronavirus. US confirmed cases are
API inventory data produces a build of 2 million but there is a draw in gasoline stocks
In the latest weekly API inventory data, the crude stockpiles rose around 2million barrels and storage levels at Cushing Oaklahoma also rose 2.219mln