Tag Archives: USD/CNY
The Global Macro Pulse
Overnight Price Action Equities generally weakened in Asian trading post FOMC.
The Global Macro Pulse
Overnight Price Action The dollar rally continued in Asia, albeit with less momentum in the majors. AUSDUSD dipped to a low of 0.9459, but popped back up to 0.9479.
The Global Macro Pulse
Overnight Price Action FX generated the main excitement in Asian trading, although equity markets generally fell.
The Global Macro Pulse
Overnight Price Action Asian markets have traded with a bullish risk/bearish USD tone. S&P futures are up 0.4%,
China Economic Comment
As the Chinese economy enters a transitional phase in its development, many are now questioning what this will mean for its future economic performance.
The Global Macro Pulse
Overnight Price Action Asian stocks sold off, led by 1.5% falls in both the Nikkei and Shenzhen.
The Global Macro Pulse
Overnight Price Action Equities pared losses after a better-than-expected China flash PMI but markets remained nervous on signs of further tightening in China’s interbank liquidity.
Global growth outlook unaffected by US political drama
* We have left our global economic growth forecasts unchanged at 2.8% for 2013 and 3.6% for 2014.
The Global Macro Pulse
Overnight Price Action A bounce of profit taking and concerns on China big banks’ debt write-offs caused heavy equity selloffs.
The Global Macro Pulse
Overnight Price Action S&P futures fell 0.9%. The US 10yr yield is flat to the New York close at 2.6014%.
The Global Macro Pulse
Overnight Price Action Equities have rallied in Asia even as rates markets have drifted and the USD has risen slightly.