London opening news digest
|The anti-risk Japanese Yen and Swiss Franc are aiming higher on fading hopes US/China trade war de-escalation after the arrest of Huawei CFO Wanzhou Meng.|
|Nikkei 225 headed for worst performance in about six weeks amidst US China trade war relief pessimism. Wall Street likely to gap lower as Yen|
|OPEC delegates, on the sidelines a closely watched meeting, said the cartel is waiting to hear how much oil output Russia will cut before deciding its|
|The European affairs minister Pierre Moscovici crossed the wires in the last hour and said that said that real dialogue with Italy has commenced. We a|
|According to preliminary figures for GBP futures markets from CME Group, investors trimmed their open interest positions by just 633 contracts on Wedn|
|According to Sean Callow, Research Analyst at Westpac, Australia’s national accounts can be game-changers for financial markets, with Q3 GDP reported|
|The sentiment around the single currency appears deteriorated early in the European morning and is now dragging EUR/USD to fresh daily lows in the 1.1|
|Reuters reports the latest comments by the Northern Irish Democratic Unionist Party (DUP) member Sammy Wilson, as he reiterates that the party will vo|
|Analysts at Danske Bank suggest that oil prices are being weighed down by the souring risk sentiment, which blurs the picture of what is priced into o|
|China’s Commerce Ministry was out with a statement in the last hour, saying that front-loading amongst exporters were not the main drivers for China’s|
|Karen Jones, Analyst at Commerzbank, suggests that the GBP/USD is sitting near the bottom of its 4 month trading range and will find initial resistanc|
|FX option expiries for Dec 6 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
– EUR/USD: EUR amounts
|Analysts at Danske Bank suggest that OPEC will meet today to discuss potential production cuts in 2019 and will be a key event for today’s session.
|Open interest in EUR futures markets dropped by nearly 9.5K contracts on Wednesday vs. Tuesday’s final 545,537 contracts, according to advanced figure|
|• A fresh wave of global risk-aversion trade underpins JPY’s safe-haven status.
• US bond yield inversion weighing on USD and adds to the s
The past two weeks show the Fiber forming into a rough sideways channel, and deviations are continuing to favour a return to t
|Germany Factory Orders n.s.a. (YoY) dipped from previous -2.2% to -2.7% in October|
|Germany Factory Orders s.a. (MoM) registered at 0.3% above expectations (-0.4%) in October|
|According to the latest report released by Fitch Ratings on Thursday, the US-based rating agency expects the Indian National Rupee (INR) to weaken to|
The past two weeks have seen the Cable moving in a sluggish downtrend, marked by consolidation periods separated by rough chop
|Matthew Hassan, Research Analyst at Westpac, points out that Australian retailers reported a 0.3% lift in sales in October, in line with market expect|
|Karen Jones, Analyst at Commerzbank, suggests that the EUR/USD market is relatively neutral after it has remained side lined near term as the pair is|
|According to the latest headlines carried by various Italian daily newspapers, the nation’s PM Conte is likely to present the budget plan to the EU’s|
|Risk-off sentiment remains the main underlying theme in Asia across the financial markets this Thursday, mainly driven by the renewed tensions between|
|As reported by Bloomberg, tensions are back on the rise between the US and China following the Canadian arrest of Huawei’s global CFO, who is set to b|
|According to analysts at Bank of America Merrill Lynch, US earnings growth is likely to slow in 2019, even though the near-term outlook remains somewh|
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