A glance at overnight markets
28 December, 2015
Key Quotes:
"After rallying last week, oil prices are off 2%, base and precious metals lower. No end to the political uncertainty in Spain, but Spanish 10-year bonds are matching regional performance.
Equities have a heavier bias. Asian shares were mixed.
The Nikkei rose 0.6% while the Shanghai Composite fell 2.6%. Reports suggest that the anticipation of the end of the sales ban on large investors and a new IPO regime, weighed on Chinese sentiment. This is the biggest decline in a month for Chinese shares. Weak industrial profits, especially among state-owned enterprises (-9.5%) also took a toll.
"The US dollar is mixed. European currencies are a little firmer while the dollar-bloc is softer.
Last week, the dollar eased against the Chinese yuan every day on a closing basis, but bounced back smartly today after the PBOC fixed it higher. The close (CNY6.4873) represents a new four-year high. "
Source link
Related materials
Brexit uncertainty, Turkish contagion fears leave the higher-yielding GBP vulnerable. Attention turns to Tuesday UK jobs report amid empty docket today...
The commodity extended last week's rejection slide from $1235 horizontal resistance and remains within striking distance of an important horizontal...
Gold has fallen to a yearly low, as it lost around 4% in June itself (end-of period prices), contrasting sharply with the above $13000/oz. price performance in the early part...
Fading German political uncertainty lifts EUR and prompts some weakness. Flattening of the US yield curve further collaborates to the weaker tone...
At this point, it would be extremely surprising were the Committee to forego a rate hike. Economic data have indicated accelerating activity over the...
Fails to benefit from the ongoing USD retracement slide and escalating trade tensions. Fading safe-haven demand/rising US bond yields/ECB QE...
The greenback held on the defensive at the start of 2018, with the key US Dollar Index languishing near its lowest level in over three months...
2017 may have been extraordinary in terms of the political influences on G10 FX markets, but central banks have stolen a fair share of market...
Gold came under some renewed selling pressure on Wednesday and eroded majority of its previous session's recovery move from near 5-month lows...
Top Brokers offering Daily Forex Market Reviews
Forex Currencies Forecasts
Top 10 Forex Brokers 2018
| # | Broker | Review | |
|---|---|---|---|
| 1 |  | easyMarkets | 89% |
| 2 |  | FXTM | 87% |
| 3 |  | HYCM | 85% |
| 4 |  | FxPro | 80% |
| 5 |  | FIBO Group | 77% |
| 6 |  | FXCM | 73% |
| 7 |  | AvaTrade | 68% |
| 8 |  | HotForex | 67% |
| 9 |  | Alfa-Forex | 66% |
| 10 |  | XM | 66% |