Market Information In the present day – USD holds near 3-mth highs (USDIndex 93.10) on safe-haven bid. Equities bounce again (+1.5%; however VIX +8.00% as we speak! 21.60). Yields stay pressured however off 5-month lows (10yr 1.21%). Virus issues weigh. In a single day – Shares in Asia adopted US greater, Netflix posted sturdy progress & plans to supply video games on-line, however the important thing subscriber numbers & outlook had been poor. JPY exports higher than anticipated, AUD Retail Gross sales (June) dived (-1.8%) resulting from lockdowns.
European Open – DAX & FTSE 100 futures at present up 0.1% & US futures additionally posting slight good points, although NASDAQ is struggling after a blended session throughout Asia-Pacific area. Markets stay cautious, conserving a cautious eye on virus developments. ECB is anticipated to strengthen ahead steering at tomorrow’s assembly & setbacks on the virus entrance are more likely to preserve central banks in wait & see mode for now as a extra gradual restoration will even scale back demand facet inflation pressures.
In the present day – EIA Oil Inventories, provide from Germany & US. Earnings from Daimler, Novartis, Verizon, Johnson & Johnson, Coca-Cola.
Greatest FX Mover @ (06:30 GMT) AUDJPY (-0.50%). Bounced from 6-mth low beneath 80.00 yesterday to 80.67 highs earlier. Declined to 80.15 following in a single day knowledge. Breached 21EMA earlier, sooner MAs aligned decrease, RSI 41 and falling, MACD sign line & histogram on 0 line and weak. H1 ATR 0.130, Each day ATR 0.845.
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