We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bullish
Bitcoin
Mixed
More View more
Real Time News
  • 🇪🇺 EUR Euro-Zone ZEW Survey (Economic Sentiment) (DEC), Actual: 11.2 Expected: N/A Previous: -1.0 https://www.dailyfx.com/economic-calendar#2019-12-10
  • 🇪🇺 EUR German ZEW Survey Expectations (DEC), Actual: 10.7 Expected: 1.1 Previous: -2.1 https://www.dailyfx.com/economic-calendar#2019-12-10
  • 🇪🇺 EUR German ZEW Survey Expectations (DEC), Actual: 10.7 Expected: 0 Previous: -2.1 https://www.dailyfx.com/economic-calendar#2019-12-10
  • 🇪🇺 EUR German ZEW Survey Current Situation (DEC), Actual: -19.9 Expected: -22.1 Previous: -24.7 https://www.dailyfx.com/economic-calendar#2019-12-10
  • LIVE IN 30 MIN: Currency Strategist @PaulRobinsonFX keeps you updated with the latest movements and trends during the London session for the FX and CFDs Market here - https://www.dailyfx.com/webinars/243785867?CHID=9&QPID=917720
  • Heads Up:🇪🇺 EUR Euro-Zone ZEW Survey (Economic Sentiment) (DEC) due at 10:00 GMT (15min), Actual: N/A Expected: N/A Previous: -1 https://www.dailyfx.com/economic-calendar#2019-12-10
  • Heads Up:🇪🇺 EUR German ZEW Survey Current Situation (DEC) due at 10:00 GMT (15min), Actual: N/A Expected: -22.1 Previous: -24.7 https://www.dailyfx.com/economic-calendar#2019-12-10
  • Interesting listen ahead of this week's FOMC and ECB meetings https://t.co/yneLGTSJOE
  • 🇬🇧 GBP Trade Balance (OCT), Actual: -£5188m Expected: -£2700m Previous: -£1922m https://www.dailyfx.com/economic-calendar#2019-12-10
  • 🇬🇧 GBP Trade Balance Non EU GBP/Mn (OCT), Actual: -£5200m Expected: -£3500m Previous: -£1900m https://www.dailyfx.com/economic-calendar#2019-12-10
Asian Shares Gain, Still Eye Delayed US Healthcare Vote

Asian Shares Gain, Still Eye Delayed US Healthcare Vote

2017-03-24 06:56:00
David Cottle, Analyst
Share:

Talking Points

  • Asian markets managed to shrug off a weak US lead and gain on Friday
  • Both the Nikkei and the ASX added nearly 1% apiece
  • The US Dollar got up off the mat

Asian markets were mostly stronger on Friday, despite Wall Street’s week lead which came in turn as a key Congressional healthcare vote was delayed in the US.

Australia’s ASX 200 rose 1%, with broad gains across the board except for the gold miners. They slipped back as the US Dollar ticked up and US yields rose, although the gold price itself was steady. The Nikkei also added 1%, it almost always responds well to a stronger greenback. A snapshot of Japan’s manufacturing index found it expanding at a slower pace in March, but gave investors no cause for concern.

Mainland Chinese stocks and their counterparts in Hong Kong were close to flat as their sessions wound down.

The dollar edged up against both Yen and Euro on Friday, rising from its recent lows, but gains were capped as investors focused on Washington and the healthcare bill.

Gold prices barely moved through the Asian session, but crude oil prices edged up. News of a fall in Saudi exports to the United States was cited, but oversupply concerns still weigh heavily on this market. Both US crude and international Brent benchmark rose by about ten cents a barrel.

The week is almost over but there’s plenty of life left in the economic-news schedule. Friday will bring service-sector Purchasing Managers Indexes from around the Eurozone, along with a final look at French growth in the last quarter of 2016. The British Bankers’ Association’s home-loan snapshot is also due, as are Canadian consumer price data. The US offers durable goods orders- they always draw the market crowds- and a good geographic spread of Federal Reserve Speakers. Chicago’s Charles Evans, St. Louis’s James Bullard and New York’s William Dudley are all on the roster.

Would you like to know more about trading the financial markets? DailyFX’s trading guide would be a great first stop.

--- Written by David Cottle, DailyFX Research

Contact and follow David on Twitter:@DavidCottleFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.