Forexlive European FX news wrap 28 Aug - An uneventful session
Japan's Trade Ministry eyes 2.3596 trillion yen for FY2025/26 budgetUS MBA mortgage applications w.e. 23 August 0.5% vs -10.1% priorWang Yi urges US to treat China as equal and halt suppression in trade and techJP Morgan joins other banks looking for more USD downsideWTI gives up all the Libya gains and trades below $75Knowing election results in advance doesn't give an investing edgeIsraeli US Egyptian Qatari negotiators meet in Doha for Gaza ceasefire talksSwiss investor sentiment -3.4 vs 9.4 priorEurozone Money M3 annual growth 2.3 vs 2.7% expectedWhat to expect from Nvidia's report?Citi predicts zinc to reach $3100/t by 4Q with aluminium also set for gainsLibya's Sarir oil field nears shutdown as production is haltedFrench consumer confidence 92 vs 92 expectedWhat are the main events for today?Today's FX option expiry levels for the NY cutSwedish trade balance 6.5B vs 8.7B priorBoJ Himino says there is no set timeframe for economic stabilitySentiment mostly mixed across major asset classesConsumer confidence data shows further cooling in the labour marketInteresting reaction in the AUD to today's CPI dataWith Aussie CPI out of the way the calendar ahead is another quiet oneMarkets:USD leads, EUR lags on the dayEuropean equities higher; S&P 500 futures flatUS 10-year yields down 2 bps to 3.806% Gold down 0.77% to $2,505WTI crude down 1.97% to $74.04Bitcoin up 1.03% to $60,047It was yet another quiet session with no market moving data. There wasn’t even any notable news release. It was hard not to fall asleep. In the markets, there’s been very little movement. The only notable mover has been crude oil as it extended the drop below the Monday’s spike level on Libyan oil production halt news.Looking ahead, we just have Nvidia reporting earnings after the close. This article was written by Giuseppe Dellamotta at www.forexlive.com.
- Japan's Trade Ministry eyes 2.3596 trillion yen for FY2025/26 budget
- US MBA mortgage applications w.e. 23 August 0.5% vs -10.1% prior
- Wang Yi urges US to treat China as equal and halt suppression in trade and tech
- JP Morgan joins other banks looking for more USD downside
- WTI gives up all the Libya gains and trades below $75
- Knowing election results in advance doesn't give an investing edge
- Israeli US Egyptian Qatari negotiators meet in Doha for Gaza ceasefire talks
- Swiss investor sentiment -3.4 vs 9.4 prior
- Eurozone Money M3 annual growth 2.3 vs 2.7% expected
- What to expect from Nvidia's report?
- Citi predicts zinc to reach $3100/t by 4Q with aluminium also set for gains
- Libya's Sarir oil field nears shutdown as production is halted
- French consumer confidence 92 vs 92 expected
- What are the main events for today?
- Today's FX option expiry levels for the NY cut
- Swedish trade balance 6.5B vs 8.7B prior
- BoJ Himino says there is no set timeframe for economic stability
- Sentiment mostly mixed across major asset classes
- Consumer confidence data shows further cooling in the labour market
- Interesting reaction in the AUD to today's CPI data
- With Aussie CPI out of the way the calendar ahead is another quiet one
Markets:
- USD leads, EUR lags on the day
- European equities higher; S&P 500 futures flat
- US 10-year yields down 2 bps to 3.806%
- Gold down 0.77% to $2,505
- WTI crude down 1.97% to $74.04
- Bitcoin up 1.03% to $60,047
It was yet another quiet session with no market moving data. There wasn’t even any notable news release. It was hard not to fall asleep.
In the markets, there’s been very little movement. The only notable mover has been crude oil as it extended the drop below the Monday’s spike level on Libyan oil production halt news.
Looking ahead, we just have Nvidia reporting earnings after the close. This article was written by Giuseppe Dellamotta at www.forexlive.com.
