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.

0

Notifications

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

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
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
Wall Street
Bearish
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
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Build you crude oil strategy with some basic key insights. Hone your trading skills here: https://t.co/ekflhEeXRX https://t.co/f0JRsJeebc
  • 🇿🇦 Inflation Rate YoY (MAR) Actual: 3.2% Expected: 3.2% Previous: 2.9% https://www.dailyfx.com/economic-calendar#2021-04-21
  • 🇵🇱 Employment Growth YoY (MAR) Actual: -1.3% Expected: -1.3% Previous: -1.7% https://www.dailyfx.com/economic-calendar#2021-04-21
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.68%, while traders in EUR/USD are at opposite extremes with 65.66%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/cscTNspIcj
  • Heads Up:🇿🇦 Inflation Rate YoY (MAR) due at 08:00 GMT (15min) Expected: 3.2% Previous: 2.9% https://www.dailyfx.com/economic-calendar#2021-04-21
  • Heads Up:🇵🇱 Employment Growth YoY (MAR) due at 08:00 GMT (15min) Expected: -1.3% Previous: -1.7% https://www.dailyfx.com/economic-calendar#2021-04-21
  • German Court rejects EU recovery package-related injunction $EUR
  • Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize negative slippage, while potentially maximizing positive slippage. Learn about FX slippage here: https://t.co/Blrl0uF2Ct https://t.co/riBqX0OXx2
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Silver: 0.76% Gold: 0.33% Oil - US Crude: -0.42% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/vj2dFf16E2
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.19% 🇳🇿NZD: 0.12% 🇯🇵JPY: 0.07% 🇦🇺AUD: -0.04% 🇬🇧GBP: -0.05% 🇪🇺EUR: -0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/RYCSlw7ZWw
Asian Stocks Mixed, Narrow As Investors Mull Fed Minutes

Asian Stocks Mixed, Narrow As Investors Mull Fed Minutes

David Cottle, Analyst

Talking Points

  • Asian stocks were mixed into Thursday’s close with no major index moving far
  • Investors were busy looking over the latest set of Fed meeting minutes, but not learning much
  • Australian trade headlines looked very good for exporters, but the detail was a bit less so

Get live coverage of all major Asia/Pacific economic numbers with the DailyFX Webinars

Asian markets were mixed and a little directionless Thursday, despite Wall Street’s better close the day before, as oil prices steadied after a sharp fall.

The release of minutes from the US Federal Reserve’s last monetary policy meeting saw investors little the wiser about likely interest rate action ahead or, indeed, when the Fed’s vast balance sheet might start to be pared back. Japan’s Nikkei 225 was down 0.4%, with Australia’s ASX near flat. Stocks in Seoul and Shanghai were very marginally higher.

The local economic schedule was light with only Australia’s trade balance numbers to attract attention. These put in a very strong headline performance, coming nearly two and a half times stronger than the A$1 billion expected. However, news of downward revisions to previous months tempered market cheer.

The US Dollar didn’t move far against a basket of its more widely-traded rivals but was softer against the Japanese Yen. Its Australian cousin also slipped back a little.

Gold prices were steady through the Asian session having hit eight-week lows on Wednesday after those Fed minutes found the central bank split on how inflation might affect the rate-hiking process. Higher US rates make non-yielding gold relatively less attractive.

The rest of the day’s data slate will probably be dominated by the US service-sector snapshot from the Institute for Supply Management. Swiss consumer price numbers are due, as are various European PMIs. The “account” of the European Central Bank’s last monetary policy meeting will be published, as will news of US jobless claims, mortgage applications and crude oil inventory. Canadian Dollar fans, and indeed foes, will want to keep an eye on building-permit data which are also coming up.

--- 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