News & Analysis at your fingertips.

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. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Real Time News
  • 🇵🇭 Inflation Rate YoY (JUL) Actual: 4% Expected: 3.9% Previous: 4.1%
  • Heads Up:🇵🇭 Inflation Rate YoY (JUL) due at 01:00 GMT (15min) Expected: 3.9% Previous: 4.1%
  • The Australian Dollar may face swelling selling pressure from souring risk appetite over the COVID-19 delta variant and escalating tension with China. Get your $AUD markt update from @ZabelinDimitri here:
  • (ASEAN Tech) US Dollar Outlook Bearish: Thai Baht Still at Risk as SGD, PHP, IDR Outperform #USD $USDSGD $USDIDR $USDTHB $USDPHP
  • 🇯🇵 Foreign Bond Investment (31/JUL) Actual: ¥225.6B Previous: ¥-1083B
  • Heads Up:🇯🇵 Foreign Bond Investment (31/JUL) due at 23:50 GMT (15min) Previous: ¥1087.4B
  • Natural gas continues to look higher, as hot weather and drought conditions across the United States and Europe, help fuel the already strong demand narrative for the commodity. Get your market update from @FxWestwater here:
  • 9 out of 11 S&P 500 sectors ended lower, with 76% of the index’s constituents closing in the red. Energy (-2.93%), industrials (-1.37%) and consumer staples (-1.26%) underperformed, whereas communication services (+0.23%) and information technology (+0.19%) ended higher.
  • The Japanese Yen could rise against the US Dollar and Australian Dollar as retail investors increase upside exposure in USD/JPY and AUD/JPY. What are key technical levels to watch? Get your market update from @ddubrovskyFX here:
  • 🇧🇷 Interest Rate Decision Actual: 5.25% Expected: 5.25% Previous: 4.25%
Asian Markets Slip, French Election Relief Rally Lacks Followthrough

Asian Markets Slip, French Election Relief Rally Lacks Followthrough

David Cottle, Analyst

Talking Points

  • Asian shares wilted, seeming to want a new theme
  • Wall Street didn’t give them one and French election relief wore off
  • The Dollar was flat and oil inched higher

Would you like to know more about trading the Asian markets? DailyFX’s trading guide should be your first stop.

Asian stock markets inched down Tuesday following a lackluster Wall Street close and as the boost from Emmanuel Macron’s always-likely French Presidential Election win failed to last.

In Tokyo the Nikkei 225 slipped 0.3% after an impressive advance on Monday. Australia’s ASX was down by a similar amount. South Korean markets were closed Tuesday for a general election widely expected to see Liberal Moon Jae-in win the Presidency, filling the gap left by disgraced former leader Park Geun-hye.

Mainland Chinese stocks were again hit by worries about tighter market regulation while their Hong Kong counterparts rose.

The day’s Asian data found a familiar picture of wage weakness in Japan, and rather more surprising miss for Australian retail sales. UK retail seems to have had a wonderful April, but traders still fear more baleful Brexit effects ahead.

It was a quiet Asian session in the currency markets with the US Dollar about flat against the Japanese Yen and the Euro steady after giving back many of its Monday advance.

Crude oil prices managed very small gains, the usual hope for output cuts is vying with equally usual worries about increased US supply. Gold recovered from Monday’s seven-week lows, but not by very much. Gains were of the order of 0.1%.

The rest of the global session will offer investors news of Canadian building permits and US wholesale inventories. The occasionally diverting Job Openings and Labor Turnover Survey (JOLTS) will also see daylight. Dallas Federal Reserve President Robert Kaplan and Boston’s usually hawkish Eric Rosengren are scheduled to speak.

--- 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.