Tag: CNH

Geopolitical risks and yields dominate proceedings

Monday October 15: Five things the markets are talking about Following a weekend of warnings on global economic fragility from G10 finance leaders at an IMF meeting in Bali, has global equities starting this new week on the back foot, with regional bourses in Asia and Europe seeing red, while U.S equity futures are pointing […]

Daily Markets Broadcast – 2018-10-15

2018-1-15 Wall Street suffers biggest weekly fall since March US indices rebounded Friday but still faced hefty losses in the week. Buoyant earnings reports from some banks on Friday failed to prevent the weekly decline. Warnings from global finance chiefs on the fragile state of the global economy, specifically mentioning the trade war, at an […]

US Retail Sales to Support Dollar


The US dollar was higher against major pairs on Friday, but not enough to end up the week on positive territory. A stock market rout took its toll on the greenback and the subsequent rebound in stock prices supported the currency ahead of the weekend. Strong US data and a clear interest rate hike path […]

Friday’s relief rally in full swing

Friday October 12: Five things the markets are talking about Volatility, in particular, for equities, has notched aggressively higher this week, now that sovereign bond yields are beginning to price out cheap money. Stronger than expected U.S economic data and weak European underlying inflation in key countries is being blamed as the specific trigger for […]

Canada: Building permits, August 2018

Canadian municipalities issued $8.1 billion worth of building permits in August, up 0.4% from July. Strength in the non-residential sector drove the increase, while the residential sector declined for the third consecutive month. Non-residential sector: High value projects drive the increase In the non-residential sector, $3.2 billion worth of permits were issued in August, up […]

U.S producer prices increase for first time in three months

U.S. producer prices rose for the first time in three months amid a surge in gauges reflecting airfares and rail-transportation costs, a Labor Department report showed Wednesday in Washington. HIGHLIGHTS OF PRODUCER PRICES (SEPTEMBER) Producer-price index rose 0.2% m/m (matching est.) after a 0.1% drop in prior month; up 2.6% y/y (est. 2.7%) after 2.8% […]

Dollar gains pause, but probably not for long

Wednesday October 10: Five things the markets are talking about U.S treasury yields are largely stable, after declining from their seven-year high print yesterday. Euro equities are on the back foot after Asia stocks managed to break a multi losing session. Elsewhere, the ‘big’ dollar has stalled temporarily after U.S President Trump said the Fed […]

OANDA Trading podcast : CNH and IDR insights with MONEYFM 89.3

Currency insights with Stephen Innes Head of Trading Asia What’s driving the Chinese yuan and Indian rupee lower, and oil prices higher? And will the Singapore dollar weaken after the MAS meets on Friday? Michael Switow asks Oanda’s head of trading, Stephen Innes. MONEYFM 89.3

Yuan has the doomy 7 in sights

(Bloomberg) — Bets are mounting that China’s currency will slide to a level not seen since the global financial crisis, as the government tries to shield the economy from a trade war. The notional value of new options betting the yuan will weaken past the psychological milestone of 7 per dollar is at the highest […]

Trump Says China Not Ready to Reach Deal on Trade

President Donald Trump on Tuesday repeated his threat to impose tariffs on $267 billion worth of additional Chinese imports if China retaliates for the recent levies and other measures the United States has taken in the countries’ escalating trade war. Trump, speaking to reporters in the Oval Office, also said China is not ready to […]