The South Korea stock market has finished higher in two straight sessions, gathering more than 20 points or 0.9 percent along the way. The KOSPI now rests just beneath the 2,400-point plateau and it figures to remain in that neighborhood again on Monday.
The global forecast for the Asian markets is
USD/JPY probes weekly high flashed on Wednesday after recently bouncing off 106.12.
Japan’s Chief Cabinet Secretary Yoshihide Suga is up for running as a national leader, suggesting a long future of the Abenomics.
BOJ’s Wakatabe also suggested further easing the previous day.
Risk catalysts remain m
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of y
The US bond yields jumped on Tuesday, pushing gold lower.
While the 10-year nominal yield ticked higher, the real yield remained near record lows.
The yield on the US 10-year Treasury note jumped by most in more than two months on Tuesday, as positive vaccine news boosted risk sentiment, weakening
USD/JPY's 15-minute chart shows a bearish channel.
A breakout would open the doors for a re-test of Wednesday's high.
USD/JPY is trapped in an expanding descending channel, as seen on the 15-minute chart.
A convincing move above the channel hurdle, currently at 105.57, would confirm the breakout
Market movers today
COVID-19 cases where certain states set record-high numbers, earnings reports and the ECB policy meeting are in focus today.
At the ECB meeting today (decision at 13:45 CEST and press conference at 14:30 CEST), we expect a repetition of recent comments from various governing cou
Despite the country succeeding in combating the coronavirus outbreak, New Zealand (NZ) Prime Minister (PM) Jacinda Ardern warned on Wednesday that they must be prepared for new outbreaks as the pandemic spreads globally.
Key quotes (via Reuters)
“Will not drop its elimination strategy if community t
Global Times editor Hu Xijin said in his latest tweet, “based on what I know, China will announce reciprocal restrictions on US media branches in China. It’s regrettable that deteriorating China-US ties have harmed work of media outlets of both sides. I strongly urge that the US not to escalate supp
AUD/JPY is forming a defending triangle on the 4H looking to break down It has touched the downwards trend line 3 times and is now looking to break the strong support level and start a strong bearish trend The pair has already broke the upwards trend line and retested it
The Indonesia stock market has finished higher in four straight sessions, advancing more than 125 points or 2.7 percent along the way. The Jakarta Composite Index now sits just above the 4,640-point plateau and it's called higher again on Thursday.
The global forecast for the Asian markets is upbeat
The Thai stock market moved higher again on Monday, one session after it had ended the two-day winning streak in which it had advanced almost 20 points or 1.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,270-point plateau and it may see additional support on Tuesday.