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- Trading day in one post 30.01.2017
Trading day in one post 30.01.2017
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Loading...Asian shares were lower on Monday as investors eye the international backlash against U.S. President Donald Trump's immigration policy, which has added pressure on the dollar.
Nikkei 225 fell 0.62 percent, ASX 200 closed down 0.92 percent or 54.5 points at 5,661.5. Markets in China are shut for public holidays.
Oil prices fell in Asian session to 52.92 dollars per barrel.
10:00 Switzerland - KOF Leading Indicators
12:00 Europe - Business Climate
12:00 Europe - Consumer Confidence
12:00 Europe - Consumer Inflation Expectation
12:00 Europe - Services Sentiment
12:00 Europe - Industrial Sentiment
15:00 Germany - CPI
15:30 USA - Core PCE Price Index
15:30 USA - Personal Spending
17:00 USA - Pending Home Sales
USD - Dollar was trading lower during the Asian session as immigration curbs implemented by US puts pressure on the greenback. Today we expect data from US. If data better than expected we can see appreciation of the dollar.
EUR - The euro remains stable waiting for the ECB to begin tightening monetary policy. Today we expect data from Europe which could have a favorable impact on the common currency.
JPY - The yen received support after the President of the BoJ Kuroda said there will be no increase in rates until they approach the desired goal of 2 percent inflation. On the other hand the uncertainty surrounding the dollar redirect capital to the yen.
CAD - The drop in oil prices has a negative impact on the Canadian currency because of the strong correlation between the 2 instruments. In the short term are possible short positions in Canadian.
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