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Asia ignores Non-Farm Payrolls

5/10/2021 4:41:28 AM GMT Fridays gigantic Non-Farm Payrolls miss, payrolls rose by only 266,000 jobs, is quickly being dismissed as an anomaly. The signs were already there in New York, with US 10-year yields plunging to 1.45% before rising back to 1.57% at the close. Stock markets rallied while the US Dollar was pummelled. All very much global recovery behaviour with a dash of nagging inflation doubts. Asian stock markets are off to a positive start today, but the commodity space is the real e...
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Header image Asia ignores Nonfarm Payrolls

Header image Asia ignores Nonfarm Payrolls Following Fridays gigantic Non-Farm Payrolls miss, payrolls rose by only 266,000 jobs, is quickly being dismissed as an anomaly. The signs were already there in New York, with US 10-year yields plunging to 1.45% before rising back to 1.57% at the close. Stock markets rallied while the US Dollar was pummelled. All very much global recovery behaviour with a dash of nagging inflation doubts. Asian stock markets are off to a positive start today, but th...
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EUR/GBP struggles to find direction, trades flat around mid-0.8600s

Apr 19, 2021 13:06 GMTFXStreet News EUR/GBP stays in a consolidation phase at the start of the week. Investors await UK  jobs report and ECB’s policy announcements. Following the sharp upsurge witnessed earlier in the month, the EUR/GBP pair closed the previous week virtually unchanged and continues to have a difficult time finding direction on Monday. As of writing, the pair was down 0.05% on a daily basis at 0.8652. Earlier in the day, the data published by Eurostat showed that the Constru...
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Yields remain in focus; UK Jan GDP beats expectations

- - - u-blox [UBXN.CH] -14% (earnings) - ECBs Villeroy (France) reiterated stance of no danger at this time of overheating in Europe on growth or inflation. To maintain accommodative monetary policy for as long as necessary. Had no discussion on size of PEPP envelope - ECBs Vasiliauskas (Lithuania) stated that was difficult to see economy turning a corner before autumn. Turning point for PEPP purchases was when the economy can breathe on its own - ECB’s Muller (Estonia) reiterated Coun...
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Reflation speculation drives yield higher

- 05:30 ((DE) Germany to sell €4.0B in 6-month BuBills - 06:00 (CL) Chile Jan CPI M/M: 0.5%e v 0.3% prior; Y/Y: 2.9%e v 3.0% prior - 06:00 (IL) Israel to sell bonds - 06:45 (US) Daily Libor Fixing - 06:25 (BR) Brazil Central Bank Weekly Economists Survey - 06:30 (CL) Chile Jan Trade Balance: No est v $1.4B prior; Total Exports: No est v $7.1B prior; Total Imports: No est v $5.7B prior; Copper Exports: No est v $3.8B prior - 06:30 (CL) Chile Jan International Reserves: No est v $39.2B prior - ...
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Europe Roundup: Euro dips against dollar as recovery concerns resurface, European stocks inches lower, Gold gains, Oil slips as Chinese lockdowns, U.S. unemployment data temper gains-January 15th,2021

©Elmin Media . All Rights Reserved. Europe Roundup: Euro dips against dollar as recovery concerns resurface, European stocks inches lower, Gold gains, Oil slips as Chinese lockdowns, U.S. unemployment data temper gains-January 15th,2021 Friday, January 15, 2021 12:29 PM UTC Market Roundup •UK GDP (MoM) -2.6%,0.4% previous •UK Index of Services 3.7%,9.7% previous           •UK Monthly GDP 3M/3M Change 4.1%,10.2...
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