Trading Day in one Post 06.07.2016

Markets in Asia were sharply lower on Wednesday, as investors scurried into safe-haven plays on global growth concerns, sending bond yields to record lows.

Nikkei 225 tumbled 3.16 percent on the back of fresh yen strength. ASX 200 was down 1.48 percent, Kospi dropped 1.79 percent, while Hong Kong's Hang Seng indextumbled 2.1 percent and Shanghai composite off 0.43 percent.
The British pound dropped to a fresh 31-year low early Wednesday amid Brexit concerns, trading at $1.2848 as of 10:07 a.m. HK/SIN, after dropping as low as $1.2796 earlier.

09:00 Germany - German Factory Orders

10:00 Europe - ECB President Draghi Speaks

10:30 Australia - RBA Assist Gov Debelle Speaks

15:15 USA - ADP Nonfarm Employment Change

15:30 Canada - Trade Balance (May)

15:30 USA - Trade Balance (May)

16:45 USA - Services PMI (Jun)

17:00 USA - ISM Non-Manufacturing PMI

21:00 USA - FOMC Meeting Minutes

JPY - Yen Today overtake all its crosses, renewed uncertainty around Brexit makes investors again turn their attention to their shelters.

GBP - Sterling tumbled reaching a 31 year low - weakening monetary policy in the UK after the vote for Brexit continues to exert strong pressure on sterling.

CAD - The weakening oil price continues to exert a negative impact on the Canadian currency, places for short positions we could look after correction.

AUD - The Australian dollar is under pressure because of political uncertainty. It is still unknown what will be the new party and this is very negative for the Australian currency.

EUR - Sentiment on the euro remained negative for leaving the UK from the EU. Short positions can look at the currencies EUR/JPY and EUR/USD.

Commodities - Gold and silver continue to rise as uncertainty in the markets, makes investors to look for safe havens where to invest your money until you pass the fear in the markets.

Indices - Adverse events in Europe have a negative impact on the euro which pressure European indexes down relatively strong dollar and yen also negatively affect the share price. Overall sentiment is negative and we can use any correction for new short positions.