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Asian stocks fall amid concern about Georgia Senate vote

TOKYO (Reuters) -Asian shares fell on Tuesday amid uncertainty about Senate runoffs in Georgia, which could have a big impact on incoming U.S. President Joe Biden’s economic policies. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.34%, pulling back from a record high hit in the pr

Singapura: Produksi Industri Terlihat Sehat – UOB

Ekonom Senior UOB Group Alvin Liew memberikan pendapatnya terhadap rilis data terbaru di Singapura. Kutipan Utama “Produksi industri (PI) Singapura mengalahkan ekspektasi pasar dengan rebound solid 17,9% y/y (+7,2% m/m sa) di November… Selain itu, penurunan Oktober direvisi sedikit ke -0,8% y/y, dar

USD/TRY: Neutral while below 8.0287/0530 – Commerzbank

Analysts at Commerzbank, consider the USD/TRY pair is set to oscillate further around the 200-day moving average at 7.3169, stabilizing in the short-term Key Quotes: “USD/TRY’s recent decline has taken it to the 200 day moving average at 7.3169 around which we expect the currency pair to now short-t

Euro Punches Past 1.23

The euro has started the New Year in positive territory. Currently, EUR/USD is trading at 1.2297, up 0.66% on the day. In the eurozone, there were no surprises from the manufacturing PMIs for December. The manufacturing sector continues to point to expansion across the bloc. Germany led the way with

NZD/USD retreats to 0.7200 as DXY rebounds modestly

NZD/USD lost its traction after rising to 0.7230. US Dollar Index recovered above 89.50 ahead of US data. Wall Street's main indexes look to open in the positive territory. The NZD/USD pair edged higher during the first half of the day and closed in on the multi-year high it set at 0.7242 last week.

EUR/USD Double Divergence Warning Signal For Strong Uptrend

EUR/USD is showing double bearish divergence within the strong uptrend. What does the divergence on the 4 hour indicate for the start of the new trading year in 2021? This article reviews the expected wave and chart patterns plus key targets and support and resistance levels. The EUR/USD double dive

USD/JPY Price Analysis: Dives to fresh multi-month lows, closer to descending channel support

USD/JPY witnessed some fresh selling on Monday and dived to fresh multi-month lows. The formation of descending channel points to a well-established downward trajectory. The USD/JPY pair continued losing ground through the first half of the European session and dropped to fresh multi-month lows, aro

Ethereum Crosses $1150 after 30% Jump, Bitcoin Consolidates

Photo: AFP Ethereum, the world’s second-largest cryptocurrency recorded significant gains over the weekend as the ETH price reached $1,150, its highest level in nearly 3 years. Bitcoin is currently consolidating near $32,000 after breaching the $34,000 mark on Sunday. The cryptocurrency market gaine

USD to weaken if Democrats takes two US Senate seats in Georgia – MUFG

As economists at MUFG Bank note, the main event risk for financial markets at the start of the New Year is tomorrow’s run-offs for the two Senate seats in Georgia which will prove pivotal for the balance of power in Congress. Democrats need to win both contests to obtain effective control of the upp

US stocks close at record highs to end tumultuous 2020

A person with the 2021 sign in Times Square on December 21. Alexi Rosenfeld/Getty Images US stocks went out with a bang on Thursday, the last trading day of 2020.The Dow Jones industrial average and the S&P 500 both closed at record highs, while the tech-heavy Nasdaq had its best year since 2009

Tesla short-sellers lost $38 billion throughout the automaker's colossal 2020 rally

Elon Musk. Maja Hitij/Getty Images Tesla short-sellers saw $38 billion in mark-to-market losses throughout 2020, Bloomberg reported Thursday, citing S3 Partners data. Short interest in the company's shares plunged to less than 6% of Tesla's float from nearly 20% at the start of last year. The losses

US Senate Race To Be Decisive

Market movers today We start off a busy week with a fairly quiet day with regard to economic releases, so market focus will be on possible new restrictions following the spreading of the coronavirus variant and US politics with the senate run-off tomorrow. Tomorrow, the run-off for the two US senate

Mild Upside Predicted For Singapore Stock Market

Ahead of the long weekend break for New Year's day, the Singapore stock market had snapped the modest two-day winning streak in which it had gained almost 30 points or 1 percent. The Straits Times Index now sits just above the 2,840-point plateau and it's expected to remain in that neighborhood agai

UPDATE 2-UK stocks fall as Britain tightens curbs over virus fears

* UK imposes more lockdowns * AstraZeneca COVID-19 vaccine gets UK nod * Brexit deal passes parliament vote * British house prices rise the most in six years * FTSE 100 falls 0.7%, FTSE 250 down 0.9% (Updates to market close) Dec 30 (Reuters) - British stocks ended lower on Wednesday, reversing earl

Pull-up Update