Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi
Thanks to a new way of accounting. 8 00 a. M. Across the emirates. Im Tracy Alloway in dubai. E welcome to Bloomberg Markets middle east. The oil surprise that saudi it looksistered like maybe we are now near overbought territory. Tracy thats exactly right. I thought they would bring a little pessimism entire tuesday show this morning, a little bit of a reality check and some technical analysis. Take a look at this chart. This shows the price of oil, the white line, but more interesting for our purposes is the white line on the bottom half of the screen. That is the relative value index, a technical indicator that looks like the speed and degree of movement of particular asset price. You can see it is now above 70. When that reaches about 70, traditionally it is viewed as an overbought indicator. It suggests to some that the rally in crude may have gone too far, too fast. Fast well, too far, too looks like it may be more sideline action right now across the asiapacific trade seen. Lets
Consumers are under immense pressure given that the average mortgage repayment in the country is now A$15,000, or around $9,900, higher per year than what it was when interest rates were cut to.
Week Ahead for FX, Bonds : U.S. and Eurozone -2- marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Below are the most important global events likely to affect FX and bond markets in the coming week starting April 15. Investors will continue to scrutinize U.S. data, including retail sales and.