Back-to-back risk-off days
Overnight Headlines *US stocks suffer another day of losses, futures flat for today’s session *USD steadied amid geopolitical concerns but improving European vaccine outlook *Gold pushing higher aiming for $1790 US equities sustained back-to-back losses as renewed worries about rising Covid-19 …
Buy the dip?
Overnight Headlines *Wall Street slips off record highs, Asian markets mixed *USD hits six and a half week lows, even as yields pick up *UK unemployment dips despite winter lockdown US equities closed in the red to start the week, off …
Bitcoin bounces, earnings and ECB ahead
Overnight Headlines *Asian stocks follow Wall Street higher after record closes Friday *USD turning lower this morning, support at 91.49 on USDX *Bitcoin rebounds from Sunday’s 14% plunge US equities closed at record highs thanks to better-than-expected retail sales and weekly …
Stocks march higher
Overnight Headlines *Record closes on Wall Street, Dow moves above 34,000 *USD unmoved by largest gain in retail sales in 10 months *Chinese Q1 GDP 18.3% versus 19.0% expected US equities closed at record highs thanks to more solid earnings and …
US Retail Sales to help struggling dollar?
Overnight Headlines *USD sets four-week low as dovish Fed messaging continues *Asian stocks mixed after weak Nasdaq close *Bumper Australia jobs report helps ASX200 *US Retail Sales in focus US equities were mixed with the Dow and its cyclicals rising …
Bullish stocks ignore vaccine woes
Overnight Headlines *USD hits three-week lows as bond yields fall *Global stocks and Bitcoin make fresh record highs *RBNZ stands pat on policy as expected, NZD leading major *First quarter bank earnings in focus USD fell to three-week lows after traders …
All eyes on US inflation
Overnight Headlines * Fed’s Rosengren sees risks on both sides of inflation outlook * Fed’s Bullard: 75% vaccinations would allow for a taper debate * Treasury Secretary Yellen plans to spare China from currency manipulator label US equities edged modestly lower …
Quiet start to a busy week
Overnight Headlines * Fed’s Powell: Economy poised for stronger growth, virus a risk * Alibaba shares up 5% in Hong Kong as China ends antitrust probe * Australia abandons vaccine rollout target amid blood clot fears US equities hit new record …
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