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JP equities lead while KR majors' Q4 prelim profits underperform

Asia market update: JP equities lead while KR majors’ Q4 prelim profits underperform; Tokyo CPI in-line while household spending falls further, JP bond yields soft; CN equities attempt to recover recent losses; US CPI in focus on Thurs night. ....

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Asian markets down in quiet start to week – HK and CN continue fall

Asia market update: Asian markets down in quiet start to week - HK & CN continue fall; US lawmakers urge more action against CN chips; Boeing and suppliers look ahead to Monday post-Alaskan Air door blow-out. ....

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Australian Dollar Outlook: AUD/USD Eyes Trade Data - Rebound or Breakdown?

Australian Dollar Outlook: AUD/USD Eyes Trade Data - Rebound or Breakdown?
2021-02-04 00:00:00
Thomas Westwater,
Analyst
Treasury Yield Curve, Australia Balance of Trade, AUD/USD – Talking Points
Wall Street rally cools but energy sector strength bolsters small-cap stocks
US fiscal stimulus developments push Treasury yield curve to highest level since 2015
AUD/USD subject to movement ahead of Australia’s balance of trade data
Wall Street moved higher for a third consecutive day on Wednesday as traders focused on the economic recovery following upbeat economic data. Upside momentum seen earlier in the week ebbed, however, as technology stocks moved lower despite better-than-expected earnings from Alphabet and Amazon after yesterday’s closing bell. The Nasdaq Composite cut early gains going into the close and put in a 0.01% loss. ....

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