AUDUSD Archives - Page 2 of 2 - The Industry Spread

GBPUSD at 28 Months Low, AUDUSD Testing 0.639

July 29, 2019

Asian stocks start the week lower today as investors await the first interest rate cut in a decade from the Fed, and U.S. trade negotiators will likely visit China next week for their first face-to-face talk with Chinese officials since the G20 meeting. The Nikkei225 ended 0.37 percent lower at 21,577, the Hang Seng finished 1.20 percent lower at 28,056. The Shanghai Composite ended 0.14 percent lower to 2,940, while in Singapore the FTSE Straits Times index finished 0,63 percent lower to 3,343. Australian equities trading lower, The ASX 200 is trading near record highs as the ASX200 is gaining 0.14% to 6803.5. 

Crude Oil Breaks Below $77, AUDUSD Higher on Better Trade Balance

July 3, 2019

Asian indices finished lower today as investors turn cautious after the U.S. agreed last weekend to halt additional tariffs on China and to start the negotiations again. The Nikkei225 finished 0.53 percent lower at 21,638; the Hang Seng slipped 0.07 percent at 28,855. The Shanghai Composite finished 0.94 percent lower to 3,015, while in Singapore, the FTSE Straits Times index finished 0.12 percent lower to 3,366. Australian equities rose for a third consecutive day with the ASX200 inching 0.50 percent higher at 6,685.  

Australia’s Economy Slowed Sharply in second half of 2018, AUDUSD Down to Two-Month Lows

March 6, 2019

Asian indices finished mostly higher today following a mute session yesterday with Chinese stocks rising sharply since January, reversing much of the underperformance against other Asian indices over the last year. With trade negotiations frontier quiet, traders have to evaluate the more positive stimulus talks from China and continuing poor economic data globally to derive next trading moves.

Global Growth Worries Send Asian Stocks Lower

January 22, 2019

Asian indices dropped Tuesday as global growth worries are on the headlines again. Japan’s Nikkei225 index shed 0.5%, while Hong Kong’s Hang Seng lost 0.9% and Shanghai Composite index fell 0.7%, Australian stocks have snapped a five session winning streak with the ASX 200 declining by 32 points or 0.5% to 5859. The Aussie dollar has also fallen to its lowest levels in a fortnight as it eased throughout the local session. Australian 10-year bond yields fell one basis point to 2.30%. Ten-year Treasury yields lost 3 basis points to 2.75%.

Global Markets Start a Tough Week

December 10, 2018

In Tokyo the Nikkei225 ended lower by 2.12% at 21,218.50, Hang Seng index was down 1.4% and the Shanghai Composite index lower by 0.8%.

European Markets Slide After Wall Street Sell-Off

December 5, 2018

Asian stocks dropped on Wednesday after Mr. Trump posted a series of messages on Twitter warning that a fragile cease-fire in the trade war between the United States and China could be derailed