Asian equities trade lower across the board as Italian political woes and trade concerns grip sentiment overnight Cottarelli and Mattarella failed to reach an agreement on forming a government but will continue talks. ANSA report that failure to reach a…
Asia traded mostly subdued as region lacked impetus following the market closures in US and UK. Political uncertainty in Italy and Spain added to the cautious tone In FX markets, the risk averse tone spurred flows into the safe-havens with…
Asian equity markets traded mostly higher on warming geopolitical ties with prospects of the US-North Korea summit back in play Italy PM-designate Conte reportedly gave up on efforts of forming a government after Italian President Mattarella rejected Eurosceptic Paolo Savona…
Key Events Monday: US and UK Market Holiday Tuesday: Japan Labour Market Wednesday: Sweden GDP, German Labour Market, ADP Employment Change, US GDP (2nd reading), BoC Rate Decision Thursday: Australian CAPEX, China Official PMIs, Swiss GDP, EZ CPI, EZ Unemployment,…
Asia cautious after US President Trump’s cancellation of the NK summit, albeit Trump has left the door open for the summit to take place in the future FX markets quiet with the USD recovering some of the lost ground from…
FOMC Minutes stated that most felt it would soon be appropriate to raise rates again if outlook remained intact. Minutes contained little that changes the current ‘gradual hikes’ script Asian equity markets traded subdued after US President Trump ordered the…
Sentiment soured in Asia after Trump cast doubts over NK summit and expressed dissatisfaction regarding trade talks with China In FX, JPY was a beneficiary of safe-haven flows. USD flat. TRY experienced a ‘flash crash’ which saw the currency drop…
Asian stocks traded mostly subdued amid holiday closures and a lack of fresh catalysts. DXY was sideways around 93.50 following its recent pullback from YTD highs Italy’s President Mattarella reportedly expressed concerns with the 5SM/League fiscal plan and is said…
Asian equity markets traded mostly positive with sentiment underpinned following the conclusion of the 2nd round of US-China trade talks China agreed to purchase more goods to avoid a trade war. Mnuchin announced that tariffs on China would be placed…
Key Events Monday: NZ Retail Sales Tuesday: UK/EU Brexit Talks Wednesday: Eurozone PMIs (Flash), UK CPI, FOMC Minutes Thursday: NZ Trade Balance, German GDP, UK Retail Sales, ECB Minutes, Eurogroup Meeting Friday: Tokyo CPI, UK GDP (2nd reading), US Durable…
