x
Visit our new Mobile Website next time you access NetDania with your mobile device
Netdania News
America’s roundup: Dollar gains ahead of U.S.-China trade deal, Wall street dips ,Gold slips, Oil edges up after five days of losses ahead of U.S.-China trade pact-january 15th,2020

Source FxWire Pro - Media Round Ups Tuesday, 14 Jan, 2020 22:57:09 GMT
Back

Market Roundup 

• US Dec Core CPI (MoM)  0.1%, 0.2% forecast, 0.2% previous  
 
• US Dec Core CPI (YoY) 2.3%,2.3% forecast, 2.3% previous

• US Dec Core CPI Index 265.92, 265.62    previous

• US Dec CPI (YoY)  2.3% , 2.3% forecast, 2.1% previous 
   
• US Dec CPI (MoM) 0.2%,0.3% forecast, 0.3% previous    

• US Dec CPI Index, n.s.a.  256.97, 257.17 forecast, 257.21 previous
    
• US Dec Real Earnings (MoM)  -0.1%,0.1% previous

• US Redbook (MoM) -0.2%,-2.6%previous

• US Redbook (YoY) 5.0% , 7.2% previous

• US IBD/TIPP Economic Optimism 57.4, 57.3 forecast, 57.0 previous

• US Dec Cleveland CPI (MoM) 0.2%,0.2% previous

• US Dec Federal Budget Balance  -15.0B, -209.0B previous

Looking Ahead - Economic Data (GMT)  
 
• 21:45 New Zealand Dec FPI (MoM)  -0.7% previous    

• 23:50 Japan M2 Money Stock (YoY) 2.7%, 2.8% previous

• 06:00 Japan Machine Tool Orders (YoY) -37.9% previous  
         
Looking Ahead - Economic Data (GMT)  
 
• 00:30 Japan BoJ Governor Kuroda Speaks  

• 16:00 US FOMC Member Harker Speaks   
   
• 16:00 US FOMC Member Kaplan Speaks  
    
Currencies Summaries

EUR/USD: The euro edged lower against the U.S. dollar on Tuesday, as rise in consumer prices and the expected signing of a trade deal between the United States and China increased demand for dollar. Consumer prices rose slightly less than expected in December and monthly underlying inflation pressures retreated, which could allow the Federal Reserve to keep interest rates unchanged at least through this year. The euro was down 0.1 percent at $1.1121.Immediate resistance can be seen at 1.1136 (Jan 13th High), an upside break can trigger rise towards 1.1150 (9 DMA).On the downside, immediate support is seen at 1.1091 (50 DMA), a break below could take the pair towards 1.1000 (Psychological level).

GBP/USD: The British pound recouped some losses after dropping to its lowest in weeks on Tuesday amid concerns about the state of the economy and talk of a possible cut in interest rates this month. The pound fell versus the dollar before recovering some ground as investors scaled back expectations for further monetary easing at the next Bank of England policy meeting on Jan. 30. Money markets are now pricing in a 43% chance for a 25 basis point cut in rates at the end of this month from the current level of 0.75%. Immediate resistance can be seen at 1.3059 (5 DMA), an upside break can trigger rise towards 1.3098 (11 DMA).On the downside, immediate support is seen at 1.2961 (50 DMA), a break below could take the pair towards 1.2900 (Psychological level).

USD/CAD: The Canadian dollar weakened against its U.S. counterpart on Tuesday as the greenback broadly climbed, but the loonie stuck within its recent trading range ahead of the expected signing this week of a trade deal between the United States and China. A Chinese delegation arrived in Washington ahead of Wednesday's scheduled signing of a Phase 1 trade agreement, seen as likely calming a dispute that has upended the world economy. At (22:21 GMT), the Canadian dollar    was trading 0.1% lower at 1.3071 to dollar. Immediate resistance can be seen at 1.3071 (21 DMA), an upside break can trigger rise towards 1.3169 (50 DMA).On the downside, immediate support is seen at 1.3051 (5 DMA), a break below could take the pair towards 1.3000 (Psychological level).

USD/JPY: The dollar edged lower against the Japanese yen on Tuesday, as investors took a breather following a record rally on trade optimism on trade deal between the United States and China. The United States and China, the world's two biggest economies, are just a day away from signing a Phase 1 trade agreement The yen weakened as much as 110.2, the most yen per dollar since May 23, before gaining back to 110.0. It last stood at 109.97 yen. Strong resistance can be seen at 110.17 (Jan 14th high), an upside break can trigger rise towards 110.61 (Higher BB).On the downside, immediate support is seen at 109.78 (5 DMA), a break below could take the pair towards 109.05  (50 DMA). 

Equities Recap

European shares were little changed on Tuesday as investors locked in some gains after a recent record-setting rally ahead of the signing of an initial U.S.-China trade truce.

UK's benchmark FTSE 100 closed up by 0.06 percent, Germany's Dax ended up by 0.04 percent, France’s CAC finished the day up by 0.08 percent.

The S&P 500 eased from record levels on Tuesday, as technology stocks handed back gains made on hopes of a preliminary U.S.-China trade deal and Wells Fargo slid in a mixed start to big banks’ quarterly earnings.

Dow Jones closed up by 0.11 percent, S&P 500 ended down  by 0.15 percent, Nasdaq finished down by 0.24 percent.

Treasuries Recap

U.S. Treasury yields were little changed on Tuesday as investors took stock of a moderate rise in consumer prices and the expected signing of a trade deal between the United States and China.

The benchmark 10-year yield was down less than a basis point in morning trading at 1.8406%.

Commodities Recap

Gold fell on Tuesday ahead of the much awaited signing of an interim U.S.-China trade deal that dampened the appeal of bullion, while palladium notched a record high on sustained supply deficit.

Spot gold dipped 0.3% to $1,542.83 an ounce by 10:52 a.m. EST (1552 GMT) after touching their lowest since Jan. 3 at $1,535.63. U.S. gold futures dropped 0.5% to $1,543.50.     

Oil prices edged higher on Tuesday after five days of declines as the United States and China prepared to sign a preliminary trade deal and as Middle East tensions eased.

Brent futures gained 29 cents, or 0.5%, to settle at $64.49 a barrel, while U.S. West Texas Intermediate (WTI) crude  ended 15 cents, or 0.3%, higher at $58.23.        
 

© FxWire Pro 2020. All rights reserved. The FxWire Pro content received through this service is the intellectual property of FxWire Pro or its third party suppliers. Republication or redistribution of content provided by FxWire Pro is expressly prohibited without the prior written consent of FxWire Pro, except for personal and non-commercial use. Neither FxWire Pro nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon.
Find a Top Broker
Global
Forex
29231.05
-119.5
-0.41%
3312.14
-12.52
-0.38%
9121.32
-39.9
-0.44%
8665.01
21.88
0.25%
13509.00
-57.41
-0.42%
23883.50
-173
-0.72%
3069.08
-26.71
-0.86%
7652.85
-29.9
-0.39%
28272.00
-449
-1.56%
7052.10
-41.3
-0.58%
12224.55
-127.8
-1.03%
1566.18
4.92
0.32%
65.04
-0.072
-0.11%
1.10952
0.00084
0.08%
109.988
-0.185
-0.17%
1.30024
-0.00013
-0.01%
0.68613
-0.00142
-0.21%
1.30580
0.00124
0.10%
122.03500
-0.218
-0.18%
0.85329
0.00258
0.30%
143.00700
-0.259
-0.18%
0.96774
-0.00066
-0.07%
1.07374
-0.00083
-0.08%
0.66018
-0.00048
-0.07%
97.59100
-0.015
-0.02%
Top Gainers
Name
Last
+/-
%
4.48
1.33
42.22%
0.04
0.01
33.67%
0.33
0.08
33.60%
1.60
0.35
28.00%
1.07
0.23
27.08%
1.60
0.33
25.98%
0.78
0.14
21.91%
5.74
0.96
20.08%
0.35
0.06
19.83%
4.43
0.65
17.20%
Top Losers
Name
Last
+/-
%
0.00
0.00
-66.67%
0.01
-0.01
-40.13%
38.18
-14.60
-27.66%
3.30
-1.16
-26.01%
0.02
0.00
-24.62%
2.02
-0.49
-19.52%
0.02
0.00
-17.83%
1.11
-0.20
-15.27%
0.70
-0.12
-14.63%
40.15
-6.85
-14.57%
NetDania does not guarantee the accuracy of data contained on this website, nor do we guarantee that data is real-time. Data on this website may be provided from OTC market sources and market makers, and not necessarily from exchanges. The provided price data is indicative and may not be appropriate for trading or decision making purposes. NetDania does not assume any responsibility for any losses incurred from the use of the provided data.
NetDania does not endorse or promote any broker or financial service. NetDania is a pure technology provider offering its software with broker integration. Any user of NetDania software must be an existing client of one of our supported brokers. NetDania showcases NetDania technology for the purpose of demonstrating it towards brokers and other institutions looking to white label the technology on a software subscription contract. No financial services are offered, promoted or recommended. NetDania is compensated as a technology provider by its institutional clients including its integrated brokers. It is the sole responsibility of any recipient employing or requesting an offering to comply with all applicable legislation or regulation affecting it.

Persons or entities including approved brokers not belonging to the NetDania Group may advertise on the NetDania and its Group’s websites, through links, banners or otherwise. We have not taken any steps to verify the accuracy, quality or reliability of any products, information or services provided by third parties that have links on our website. We accordingly provide no warranties with regard to and disclaim responsibility for any such products, information or services and exclude all liability in this regard to the fullest extent permitted by relevant laws and regulations. If a user of the NetDania Group’s websites decides to act upon any such advertising, such user does so entirely at its own risk.

NetDania’s website may be accessed worldwide. The Information provided on its website is however only intended for use by recipients located in countries where such use does not constitute a violation of applicable legislation or regulations. None of the offerings services referred to on this website are available to recipients residing in countries where the provision of such offerings would constitute a violation of mandatory applicable legislation or regulations. It is the sole responsibility of any recipient employing or requesting an offering to comply with all applicable legislation or regulation.

HIGH RISK INVESTMENT WARNING:
End-users of the NetDania software that make use of the trading integration features as direct clients of integrated brokers, should be aware of the level of risk carried by trading in financial markets. Trading foreign exchange and or other financial instruments on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or more of your initial investment, and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from your broker and or an independent financial advisor if you have any doubts. Anyone opening a live trading account needs to adhere to the laws of their local country as such laws may differ from country to country.
NetDania expressly disclaims any liability for any lost principal or profits which without limitation may arise directly or indirectly from the use of or reliance on information on our website or the use of our software with broker integration.
Copyright © 1998 -2020 NetDania Creations ApS, Bredgade 30, 1st floor, DK-1260 Copenhagen K, Denmark, +4536980409, Contact NetDania by email, CVR-nr.27976670 Terms And Conditions and Privacy Policy