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
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
More View more
Real Time News
  • Heads Up:🇨🇳 Industrial Profits (YTD) YoY (AUG) due at 01:30 GMT (15min) Previous: 57.3%
  • RT @FxWestwater: Australian Dollar Forecast: $AUDUSD Action May Swing on Chinese Industrial Profits Link: https://…
  • Central banks often deem it necessary to intervene in the foreign exchange market to protect the value of their national currency. Learn how central bank intervention can impact your trading here:
  • The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels. Learn how to better understand CPI here:
  • *Reminder: Weekly Strategy Webinar tomorrow morning at 8:30am ET on DailyFX!
  • (Weekly Fundy) Crude Oil May Rise as Covid Case Growth Slows. WTI Eyes OPEC Outlook, Evergrande #CrudeOil #WTI #OPEC #Evergrande
  • Recessions can devastate the economy and disrupt the fortunes of individuals, businesses, and investors. But economic decline in the business cycle is inevitable, and your trading can be defined by how you respond to crisis. learn how to prepare here:
  • We are heading into the final trading days for the month of September and event risk thins out amid the $SPX's rebound. This is what history says for the 39th week of the year and here is my take on the variable factors:
  • Further your forex knowledge and gain insights from our expert analysts on AUD with our free guide, available today:
Asian Stocks Gain As US Dollar Firms, Fed Minutes Keenly Awaited

Asian Stocks Gain As US Dollar Firms, Fed Minutes Keenly Awaited

David Cottle, Analyst

Talking Points:

  • Asian stocks were broadly higher
  • The US Dollar firmed as Treasury yields made gains
  • Much hawkishness is expected from forthcoming Federal Reserve minutes

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

Japanese stocks led Asia upwards on Wednesday as a stronger US Dollar stoked demand for the Nikkei 225’s plentiful exporter names.

It was a choppy session, however, which saw many indexes start weak only to perk up later. The Nikkei ended in the green, up by 0.2%, with the ASX up just 0.05% at the close. The Hang Seng did better with financials in the lead after HSBC’s satisfactory profit reading in the previous session.

The US Dollar posted broad if modest gains as investors look toward the release of miunutes from the Federal Reserve’s last Open Markets Committee Meeting, which will be released later on Wednesday (Thursday morning for Asia). A hawkish tinge is expected to the commentary, and it is this forecast which seems to be supporting the greenback. The Fed is widely expected to raise interest rates once more next month.

Local economic data were sparse, but the Australian Dollar got a little lift from official wage figures which managed to beat forecasts despite remaining historically low.

Gold prices hit a one-month low on that stronger US Dollar, while oil prices slipped on reports that already-rampant US supply is set to rise.

Still to come Wednesday, various Purchasing Managers Indexes from around Europe along with official employment and public-borrowing numbers out of the UK. From the US will come PMI released for February along with exiting home-sales rates. Central bank watchers can look forward to multiple Bank of England speakers from London including Governor Mark Carney.

--- Written by David Cottle, DailyFX Research

Follow David on Twitter:@DavidCottleFX or us the Comments section below to get in touch

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