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
  • Forex sentiment analysis can be a useful tool to help traders understand and act on price behavior. Learn how to get the most out of understanding trader sentiment here:
  • (Sentiment Weekly) S&P 500, Dow Jones Forecast: Retail Investors Intensify Bearish Exposure, Now What? *And recording of today's webinar in the article link below! #SP500 #DowJones
  • 🇯🇵 Coincident Index Final (MAY) Actual: 92.1 Previous: 95.3
  • 🇯🇵 Leading Economic Index Final (MAY) Actual: 102.6 Previous: 103.8
  • Heads Up:🇯🇵 Leading Economic Index Final (MAY) due at 05:00 GMT (15min) Previous: 103.8
  • Heads Up:🇯🇵 Coincident Index Final (MAY) due at 05:00 GMT (15min) Previous: 95.3
  • Crude Oil Prices Risk Forming a “Lower High” on Viral Concerns, Stockpiles Fall
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 94.37%, while traders in Wall Street are at opposite extremes with 75.02%. See the summary chart below and full details and charts on DailyFX:
  • What is your forex trading style? Take the quiz and find out:
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.14% 🇳🇿NZD: 0.04% 🇪🇺EUR: 0.04% 🇦🇺AUD: -0.02% 🇨🇭CHF: -0.03% 🇬🇧GBP: -0.03% View the performance of all markets via
Most Asian Equities Track Stronger Wall St Higher, Shanghai Lags

Most Asian Equities Track Stronger Wall St Higher, Shanghai Lags

David Cottle, Analyst

Talking Points:

  • Most Asia-Pacific stock markets made Friday gains
  • News of the first subpoena issued to Donald Trump’s election campaign knocked risk appetite
  • Currency markets were subdued by a lack of local data

Join our analysts to trade the economic data live and interactive at the DailyFX Webinars

Asian stocks were mostly higher Friday following gains in Europe and the US in the session before.

US tax reform remained very much in focus. House Republicans passed a bill Thursday to cut what both businesses and individuals pay, the biggest step yet in plans to reform the system. However a similar bill must still pass the Senate, which may prove trickier given the electoral math. The Nikkei was hit earlier by a report saying that Donald Trump’s election team had received a subpoena requesting documents from the special investigative team looking in to possible collusion with Russia. However the index seemed to have bounced back from this into the close.

The Japanese index ended up 0.2% with stocks also higher in Sydney, Hong Kong and Seoul. The Shanghai Composite again bucked the trend and looks set to end lower on the day.

There wasn’t a lot of action in the Asia-Pacific foreign exchange space as a lack of data weighed. The Yen got a modest boost as that US subpoena story hit risk appetite, and the US Dollar was generally a little weaker through the session.

Gold prices got their customary risk-aversion gain while crude oil prices look set for their first weekly fall in six as oversupply worries again dog the market.

The rest of Friday’s session promises Canadian Consumer Price Index data and news of US housing-start and building-permit levels for October. European Central Bank President Mario Draghi will speak in Frankfurt.

--- 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.