Market News – 19 Dec 2019

0

This post is also available in: فارسی (Persian)

 

By: Stuart Cowell

GOOD MORNING – Episode 9 – 19/12/19 – May the Pips be with you. – BUSY Day-ahead and overnight…

TRUMP impeached – non-market moving, NZD GDP better than expected, AUD jobs much better than expected & BOJ no change but Kuroda talks up “easing if necessary” USD holds up, Equities flat, AUD gets a lift, JPY gets a dent.

USDIndex – rally foray over 97.0 was brief – back to 96.90 PP

EUR – found support 200MA 1.1120 – recovered to PP at 1.1125

JPY – Ran to R1 109.65 – cooled to 109.55 – PP 109.50 remains key

GBP – fall stalled at 1.3070 – pp now 1.3080 – R! 1.3120

AUD – rallied on jobs data – from 0.6845 to R2 at 0.6880

NZD – spiked over 0.6600 following GDP – trades at 0.6595

CAD – holds 10 pips north of 1.3100

Equities – closed down 1 pt – at 3191 – FUTS – 3194

GOLD – slipped to 1472 – back to 1477 again this morning

USOIl – continued its bid, spent an hour or 2 over $61.00, – trades at $60.80 (Inventory drawdown less than expected)

TODAY – BOE (No change & Carney swansong begins) plus UK Retail Sales & details of the new Parliament in the Queens Speech. – Later weekly claims, the Philly Fed Index, Leading Indicators and Existing Home Sales

Biggest Mover overnight @ (07:00 GMT) AUDUSD (+0.43%)


Risk Warning: Trading-Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investment objectives and level of experience, before trading, and if necessary, seek independent advice.

LEAVE A REPLY

Please enter your comment!
Please enter your name here