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Tag Archives: Canada

FX Daily, July 6: New Record Number of Covid Cases Doesn’t Curtail Appetite for Risk

Swiss Franc The Euro has risen by 0.07% to 1.064 EUR/CHF and USD/CHF, July 6(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A new daily high number of contagions globally has been reported, but the risk-appetites have been stoked. Chinese stocks have been on a tear. The Shanghai Composite rallied 5.7% today to bring the five-day advance to 13.6%. Most other regional markets, including Hong Kong, rallied as well...

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FX Daily, June 25: Contagion Growth and Calendar-Effect Saps Investor Enthusiasm

Swiss Franc The Euro has fallen by 0.17% to 1.0644 EUR/CHF and USD/CHF, June 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Given the huge run-up in risk assets this quarter, and the technical indicators warning of corrective forces, concerns over the new infections is pushing on an open door. The S&P 500 gapped lower yesterday and fell 2.6%, led by energy and airlines. The NASDAQ snapped an eight-day...

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FX Daily, May 8: Jobs and Negative Fed Funds Futures

Swiss Franc The Euro has fallen by 0.09% to 1.0528 EUR/CHF and USD/CHF, May 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 closed near its session lows for the third day running yesterday but failed to deter the bulls in Asia-Pacific, where most markets rose by more than 1%. Taiwan, Korea, and Australia lagged a bit though closed higher.  Europe’s Dow Jones Stoxx 600 is firm, and the modest...

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FX Daily, May 4: Monday Blues

Swiss Franc The Euro has fallen by 0.11% to 1.054 EUR/CHF and USD/CHF, May 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The constructive mood among investors in April has given way to new concerns as May gets underway. Japan and China are still on holiday, but most of the other markets in Asia fell, led by 4.5%-5.5% declines in Hong Kong and India, and more than 2% in most other local markets. Australia...

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FX Daily, April 16: Markets Brace for another Jump in US Weekly Jobless Claims

Swiss Franc The Euro has fallen by 0.06% to 1.0513 EUR/CHF and USD/CHF, April 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equity losses in the US appeared to drag most Asia Pacific markets lower today, with China and India the notable exceptions. European bourses are higher, and the only energy sector is a drag on the Dow Jones Stoxx 600, which is around 1% higher in late morning turnover, while US shares...

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FX Daily, March 12: Trump Dump as Market Turns to ECB

Swiss Franc The Euro has fallen by 0.06% to 1.057 EUR/CHF and USD/CHF, March 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After the Bank of England and the UK Treasury announced both monetary and fiscal support, the focus turns to the ECB, but the proximity of the US Congressional recess (next week) without strong fiscal measures being in place sucked the oxygen away from other issues. President Trump’s...

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FX Daily, March 06: Panic Deepens, US Employment Data Means Little

Swiss Franc The Euro has fallen by 0.40% to 1.0581 EUR/CHF and USD/CHF, March 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The sharp sell-off in US equities and yields yesterday is spurring a mini-meltdown globally today. Many of the Asia Pacific markets, including Japan, Australia, Taiwan, and India, saw more than 2% drops, while most others fell more than 1%. The MSCI Asia Pacific Index snapped the...

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FX Daily, January 22: Fragile Stability in Capital Markets even as SARS Comparisons Grow

Swiss Franc The Euro has risen by 0.08% to 1.0741 EUR/CHF and USD/CHF, January 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 lost less than 0.3% yesterday, even as the first case of the Wuhan Virus was found in the US. The relative subdued US reaction may have helped stabilize the capital markets today. Nearly all the major markets in the Asia Pacific regions rose, including more than a 1%...

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FX Daily, January 21: New Respiratory Illness Saps Risk-Taking Appetites

Swiss Franc The Euro has risen by 0.05% to 1.0743 EUR/CHF and USD/CHF, January 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The spread of a new respiratory illness in China has spurred a wave of profit-taking in equities and risk assets more generally. All of the markets in the Asia Pacific region tumbled, with Hong Kong hit the hardest (-2.8%) after posting a key reversal yesterday. The sell-off continued...

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FX Daily, January 10: Jobs Friday: Asymmetrical Risks?

Swiss Franc The Euro has risen by 0.06% to 1.0813 EUR/CHF and USD/CHF, January 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The first full week of 2020 is ending on a quiet note, pending the often volatile US jobs report. New record highs US equities on the back of easing geopolitical anxiety is a reflection of greater risk appetite that is evident across the capital markets. Asia Pacific equities mostly...

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