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
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
Bearish
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • Heads Up:💶 Industrial Sentiment (JAN) due at 10:00 GMT (15min) Expected: -7.2 Previous: -7.2 https://www.dailyfx.com/economic-calendar#2021-01-28
  • Heads Up:💶 Consumer Confidence Final (JAN) due at 10:00 GMT (15min) Expected: -15.5 Previous: -13.9 https://www.dailyfx.com/economic-calendar#2021-01-28
  • Heads Up:💶 Economic Sentiment (JAN) due at 10:00 GMT (15min) Expected: 89.5 Previous: 90.4 https://www.dailyfx.com/economic-calendar#2021-01-28
  • Is it really a retail-driven short squeeze that's at the heart of this market rout? Let's just say I'm dubious... More here: US Dollar Aims Higher as Liquidation Sweeps Global Stock Markets - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/01/28/US-Dollar-Aims-Higher-as-Liquidation-Sweeps-Global-Stock-Markets-.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #Gamestop #Dollar #StockMarket https://t.co/ngmBEYpp8p
  • Break of range support at 0.768 - 0.7640 has propelled $AUDUSD to its lowest levels since late 2020, with the RSI registering its first intraday oversold readings since October. Symmetrical Triangle measured move suggests price could be poised to challenge the 0.7500 mark https://t.co/xuuW7NFy48 https://t.co/KisfWhYKzM
  • The London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session overlaps with the New York session. Learn about trading the London forex session here: https://t.co/dWaWQ0MK1V https://t.co/OoHOJCWtdl
  • 🇮🇹 Business Confidence (JAN) Actual: 95.1 Expected: 95.6 Previous: 96.0 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇮🇹 Consumer Confidence (JAN) Actual: 100.7 Expected: 100.5 Previous: 101.1 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇮🇹 Business Confidence (JAN) Actual: 95.1 Expected: 95.6 Previous: 95.9 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇮🇹 Consumer Confidence (JAN) Actual: 100.7 Expected: 100.5 Previous: 102.4 https://www.dailyfx.com/economic-calendar#2021-01-28
Asian Stocks Mixed, Washington And Korea In Investors' Sights

Asian Stocks Mixed, Washington And Korea In Investors' Sights

David Cottle, Analyst

Talking Points

  • Asian stocks lacked direction as the week got under way
  • Worried glances at White House staffing started the session following Steve Bannon’s exit
  • The start of US military exercises in South Korea kept investors nervy

Trade the data. Join our analysts live and interactive for all the main Asia Pacific economic numbers at the DailyFX webinars

Asian markets were mixed Monday, in a subdued start to the week, with investors watching political developments in Washington DC and military ones on the Korean peninsula.

Steve Bannon became the latest in a string of White House leavers at the end of last week when he vacated the role of chief strategist to President Donald Trump, only adding to market worries about the US executive structure. Closer to home a series of heavyweight joint military drills between the US and South Korea have begun. They are due to last for ten days.

In this rather jittery environment, and with the Jackson Hole economic symposium looming at week’s end, the Nikkei lost 0.4%, with Australia’s ASX and South Korea’s Kospi both lower as well. Chiense stocks bucked the trend with both Shanghai and Hong Kong posting small gains

Local economic numbers were second-tier and light on market impact. New Zealanders got their credit cards out in some force in July, but Japanese department-store sales erased their previous month’s gains. Japan’s all-industry activity index came in as expected for June, rising 0.4%. The US Dollar started the session on the back foot against the Japanese Yen but steadied a little as the session went on.

In the commodity space gold prices were little changed and close to eight-month highs. Meanwhile crude oil prices were steady too, but largely clinging to last Friday’s sizeable gains which came in turn on hopes for a tighter US markets.

--- 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