HotForex - Forex Market Analysiss

HotForex
Brexit Battle Finally Gets Underway

Asian stock markets are narrowly mixed in tepid markets, as oil prices stalling below USD 43 per barrel. Fed speakers...

HotForex
BoE Spooks Markets

After BoE and Fed spooked markets, the BoJ’s decision to keep policy on hold and maintained its promised for ongoing stimulus...

HotForex
US reports revealed modest upside surprises for December trade

Asian stock markets mostly moved higher overnight, with Nikkei and Topix was trading close to levels last seen in December 2015 as the Yen weakened...

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The global stock rally continued in Asia overnight

Reuters reported, the fast-growing financial technology (Fintech) sector could hold big “systemic risks” for the banking sector and the broader economy which need to be addressed by bank regulators around the world, Bank of England Governor Mark Carney said on Wednesday...

Too-strong a dollar may hurt the economy

Japanese stock markets moved higher, led by Japanese bourses as the country managed to snap a 14-month long run of falling exports, which helped the Nikkei to close with a 1.4% gain...

Dollar found its feet after declining over the last day

Asian stock markets were mixed overnight, with Japanese bourses still under pressure (Nikkei closed down 0.55%). despite a dip in the Yen, as USD stabilised. Uncertainty over Trump’s regulatory and trade policies continues to weigh on investor sentiment...


The dollar has settled moderately lower

Asian stock markets were mixed overnight, after U.S. and European shares closed in the red Thursday. Japan and mainland China bourses managed to move higher (Chinese GDP beat expectations at 6.8%)...

HotForex
Stock markets continued to stabilise

German HICP confirmed at 1.7% y/y, as expected, with prices up 1.0% m/m. The sharp acceleration from just 0.7% y/y in November was mainly due to base effects from lower energy prices and the breakdown showed that prices for heating oil jumped 21.9% y/y in December...

ECB policy was focused on avoiding deflation trap

Asian stock markets were mixed, with Japan and ASX heading south amid reports that U.K. Prime Minister May will announce plans for a hard Brexit at today’s keynote speech. Yen strength is also continuing to put pressure on the Japanese markets...

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HotForex
U.S. markets are closed Monday

U.S. markets are closed Monday for Martin Luther King Day. This will be a busy week for traders, with the inauguration of president-elect Trump on Friday headlining...

The dollar is trading softer into the London open

Aftershocks from President-elect Trump’s campaign-like press conference, which had weighed on global stock markets and yields started to recede late in the U.S. session and U.S. equities managed to recover part of their losses...

Forex markets have been hunkering down

Asian markets managed to move higher, with Hong Kong outperforming as stronger metals boosted miners. The Yen retreated, which helped to underpin gains in Japan, while mainland China underperformed...


The dollar has traded steady-to-softer

Asian stock markets were down, with Japan under pressure (closed down -0.79%at 19,301) as the Yen strengthened. The ASX is also in the red, while the Hang Seng outperformed ahead of economic data out of China later in the week...

US Stocks and Oil swing wildly

Asian stock markets are mostly higher, led by Japan, where the Nikkei closed with a 2.5% gain after an upward revision to the manufacturing PMI reading and underpinned by catch up trades, after yesterday’s holiday...

Eurozone stock markets already started the year with modest gains

Asian stock markets outside of Japan moved higher after a stronger than expected China Caixin manufacturing PMI. Eurozone stock markets already started the year with modest gains yesterday in very quiet trade...

The U.S. data slate is heavy

Final PMI readings are not expected to bring any real surprises and are expected to confirm manufacturing confidence for the Eurozone (Monday) remains healthy with the index at 54.9. ESI economic sentiment indicator (Friday) is expected to rise to 106.9 versus 106.5 in November...

Overnight the Yen rose strongly

Asian stock markets were mostly down, led by a slump in Japan, as the Yen rose across the board. The weakness in Asia followed a decline on Wall Street yesterday set off by disappointing U.S. data that sent the USD into retreat...

The 2017 Oil-Led U.S. Factory Rebound is Already Underway

Asian stock markets moved mostly higher overnight after gains on Wall Street and in quiet trade. Japan was a notable exception and the Nikkei closing with a -0.26% loss as the Yen bounced back and strengthened across the board...


The rally on Wall Street took a breather

The recent decisions by the FOMC to tighten policy and the ECB to extend stimulus reflect the widening divergences of monetary policy. And the uncertainties over the macroeconomic outcomes from government and central bank actions, along with geopolitical tensions...

The global stock market rally

The global stock market rally, which was underpinned by further ECB stimulus measures yesterday and a rise in oil prices, continued in Asia overnight, with most markets moving higher...

HotForex
GBP falls as industrial & manu. production miss

The pound has come under pressure in London trading today. EURGBP buying has been a driver, with the cross rallying some 0.5% to a peak of 0.8510, since ebbing to around 0.8490. Gains failed to sustain above the 20-day moving average, which is at 0.8503...


Equities headed broadly south in Asia overnight

Revealed a solid 53.2 November ISM reading and a 0.5% October construction spending rise that followed big upward Q3 revisions, both of which lifted prospects for GDP. We also saw a 17k Thanksgiving week spike in claims that reversed the remarkably tight 333k Veteran's Day figure...

HotForex
U.K. can't have Brexit A La Carte

Asian stock markets headed broadly lower, as investors remain focused on the earnings season, with Canon Inc. the biggest drag on the index...

HotForex
Revealed a larger than expected consumer confidence drop to 98.6

Asian stock markets are mostly down, with Japan a notable outperforming (closing up and indices holding on to modest gains as the Yen continued to decline against the Dollar...


HotForex
US flash Markit PMI jumped 1.7 points to 53.2 in October

Asian stock markets are mostly down, as the positive confidence indicators out of Europe and the U.S. yesterday were overshadowed by weak GDP numbers from South Korea, which weighed on most markets. Topix and Nikkei outperformed, with a weaker Yen underpinning exporters...

HotForex
Decisions on QE Postponed until December

Asian stock markets are narrowly mixed, with Japanese bourses managing marginal gains as the Yen falls against the Dollar. Stock futures in the U.S. are down...

HotForex
Asian stock markets mostly moved higher

Governor Poloz said they actively discussed adding more monetary stimulus before deciding to leave the policy rate unchanged...


HotForex
Year on Year GDP confirmed at 6.7%

Better earnings reports from the likes of Goldman Sachs, Bank of America, Netflix, and Johnson & Johnson bolstered Wall Street overnight. European bourses rallied upwards of 1.25% as well, expecting no let up anytime soon of central bank stimulus...

HotForex
Low rates could threaten financial stability

Asian stock markets are broadly higher, with Hong Kong outperforming as developers and casinos rebound. Japanese markets are slightly higher after fluctuating through the session as investors mull the U.S. rate outlook and await corporate earnings reports...

Gold little change near 4-month minimums

On Monday, gold prices were little changed close to four-month minimums, as a broadly stronger American dollar kept dampening demand for the precious metal...


  


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