The new strain of covid spreading in south-east England has made many European markets nervous in the runup to Christmas. This final preview of 2020 looks at cable, Brent and euro-yen.
The pound has been somewhat volatile today after lacklustre job data this morning as trade negotiations continue into the end of the year. This TA covers GBPJPY H4.
‘Risk on’ continues so far this week with improving demand around the world shown from record Chinese exports. Here’s a look ahead to data affecting AUDJPY and others this week.
Sentiment continues to be generally positive so far this week with various Asian and European shares posting gains after good Chinese data. Data this week centre on inflation and core inflation.
Much like gold, the yen has posted losses against most currencies as the ‘risk on’ mood returns. This post looks at the four-hour chart of USDJPY.
Shares have generally started the week positively after data revealed China’s economic recovery from the pandemic. Earnings of major corporations are key this week.
Good data on retail sales this morning from the eurozone gave the euro and most European shares a boost. Markets look ahead to trade data around the world this week.
This week’s most important regular release is claimant count change tomorrow morning, but eyes are also on the meetings of the FOMC and BoE on Wednesday and Thursday.
The Aussie dollar has lost strength in some of its pairs since yesterday after GDP data indicated a bigger contraction than expected. Today’s TA looks at AUDJPY H4.
This morning’s Japanese GDP data indicated the worst quarterly drop in at least 40 years, but Chinese shares have made gains today. Our preview looks ahead at the week’s key releases.
Trading CFDs is risky. This material is considered as a marketing communication and does not contain and should not be construed as containing investment advice or an investment recommendation, or, an offer of or solicitation for any transactions in financial instruments. This material must not be reproduced or further distributed without the prior permission of Exness.