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Economic data drives markets higher in Asia

Asia market update: Economic data drives markets higher in Asia; Hang Seng rallies ....

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Nadal struggles at times during 4-set win at Australian Open

Nadal struggles at times during 4-set win at Australian Open
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Gold and USD gain as risk off sentiment comes back into the market

Asia Market Update: Markets reverse on report that Ukraine fires on Luhansk People's Republic, gold and USD gain as risk off sentiment comes back into ....

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Mixed Aussie data fails to make shakes in AUD/USD

3/4/2021 12:35:40 AM GMT
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By Ross J Burland
Australian data dump arrived showing that the January Retail Sales +0.5% missed expectation of a Reuters poll +0.6% month on month and that the Australia Jan balance goods and services arrived at A$+10,142 mln vs a Reuter s poll of A$+6,500 mln.
Exports +6 pct MoM.
Imports -2 pct MoM.
The Aussie data is being watched closely as the forex space outs their bets on the commodity complex to outperform in a reflation trade environment.
Reuters explained that emerging market currencies of commodity-exporting nations are set to firm over the next 12 months as the world recovers from the coronavirus pandemic - and despite recent rises in US Treasury yields, a Reuters poll found on Thursday. ....

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