Monday , February 6 2023
Home / Tag Archives: Oil (page 3)

Tag Archives: Oil

FX Daily, May 19: Now What Does Bitcoin say About the Dollar and the US?

Swiss Franc The Euro has risen by 0.27% to 1.0999 EUR/CHF and USD/CHF, May 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A setback in commodities and technology are roiling equity markets today. The inability of US equities to sustain yesterday’s rally provided an initial headwind to trading in the Asia Pacific region today. Hong Kong and South Korea markets were closed for holidays, but most of the...

Read More »

FX Daily, March 11: Risk Extends Gains Ahead of the ECB

Swiss Franc The Euro has fallen by 0.18% to 1.1065 EUR/CHF and USD/CHF, March 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Even though the NASDAQ closed lower yesterday and the reception of the 10-year Treasury auction did not excite, market participants are growing more confident. Led by China, the major markets in the Asia Pacific region rallied. The Shanghai Composite’s 2.35% gain not only snaps a...

Read More »

FX Daily, February 15: Sterling Continues to Run Higher and US Winter Storm Gives Oil Another Boost

Swiss Franc The Euro has fallen by 0.07% to 1.0792 EUR/CHF and USD/CHF, February 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: US and Greater Chinese markets are closed today, but the markets are moving. Equities are bid. The Nikkei led the Asia Pacific region with a 2% gain and pushed above 30000 for the first time since 1990. Korea’s Kospi advanced 1.5%, and Australia’s ASX tacked on 1%. The Dow Jones...

Read More »

FX Daily, February 10: China’s Expansion Does not Prevent Deflation

Swiss Franc The Euro has fallen by 0.13% to 1.0796 EUR/CHF and USD/CHF, February 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Despite a soft close in US indices yesterday, global shares are on the march again today. Led by China and Hong Kong, most large markets in the Asia Pacific region advanced today. Officials gave approval for a new game from Tencent, which helped lift the Hang Seng. Europe’s Dow...

Read More »

FX Daily, February 8: Limited Follow-Through Dollar Selling to Start the Week

Swiss Franc The Euro has risen by 0.05% to 1.0832 EUR/CHF and USD/CHF, February 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar has drifted higher against the major currencies and most of the freely accessible emerging market currencies, paring the losses seen before the weekend in response to the disappointing employment report. Easing pressure from the pandemic as the surge in cases after the...

Read More »

FX Daily, February 4: Negative Rates and the Bank of England: Having Your Cake and Eating it Too

Swiss Franc The Euro has risen by 0.01% to 1.0817 EUR/CHF and USD/CHF, February 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The euro has been sold through $1.20 for the first time since December 1 and has now given back roughly half of the gains scored from the US election (~$1.16) to the early January high (~$.1.2350). More broadly, the greenback is bid against most of the major currencies, with the...

Read More »

FX Daily, January 6: High Drama Weighs on the Greenback and Lifts Yields

Swiss Franc The Euro has risen by 0.23% to 1.0823 EUR/CHF and USD/CHF, January 6(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview:  One of the two Georgia Senate contests remains too close to call, but the market appears to be pricing in a Democrat sweep. The 10-year yield has punched above 1% but has offered the greenback little support. Yesterday, the dollar-bloc currencies rose to highs since early Q2 2018 and...

Read More »

Oil market outlook: Land in sight but rough seas ahead

In November, new vaccines showed great promise in fighting Covid-19, and the exhilaration was clear in markets around the world. However, the enthusiasm was not sustained. Many experts and political leaders rushed to warn that while a vaccine could mean the end of the health crisis, the economy – and oil markets in particular – are still in for a rough ride. The previous mechanism whereby the virus drove the economy,...

Read More »

FX Daily. October 29: Markets Continue to Struggle

Swiss Franc The Euro has fallen by 0.11% to 1.0681 EUR/CHF and USD/CHF, October 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The spreading virus that is shutting down large parts of Europe, while the US is reluctant to return to lockdowns and refuses to have a nationwide requirement for masks in public hit risk assets yesterday. The S&P posted its largest decline in four-months yesterday (~3.5%), and...

Read More »

FX Daily, September 30: Nervous Calm

Swiss Franc The Euro has risen by 0.05% to 1.0798 EUR/CHF and USD/CHF, September 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Quarter and month-end considerations could be overwhelming other factors today. Turnaround Tuesday saw early gains in US equities fade. Asia Pacific shares were mixed, with the Nikkei (-1.5%) and Australia (-2.3%) bear the brunt of the selling, while China, Hong Kong, Taiwan, and...

Read More »