12 Jun 2015
Market Movers: DXY unchanged in Asia – TDS
FXStreet (Barcelona) - Prashant Newnaha, Strategist at TD Securities, summarizes the financial market performance during the Asian trading session.
Key Quotes
“Today’s price action reveals there is no real conviction amongst investors heading into the weekend, and it was a data and event vacuum. The DXY was unchanged for most of Asian trade but it got a mild bid on recirculated news from yesterday’s mid afternoon US session *GERMAN GOVERNMENT PREPARES FOR GREEK DEFAULT, BILD REPORTS.”
“The CAD and JPY are unchanged, but the EUR and AUD are down close to 0.2%.”
“The moves are fairly muted in equities, Japan flat, and other markets –0.2%, while China is up close to 0.5%. ACGBs and NZGBs have rallied today, taking their cue from the sharp moves overnight, ACGB 3yrs –7bps, 10yrs –15bps with NZGBs trailing, 2yrs –6bps and 10yrs –10bps. Commodities are close to unchanged.“
Key Quotes
“Today’s price action reveals there is no real conviction amongst investors heading into the weekend, and it was a data and event vacuum. The DXY was unchanged for most of Asian trade but it got a mild bid on recirculated news from yesterday’s mid afternoon US session *GERMAN GOVERNMENT PREPARES FOR GREEK DEFAULT, BILD REPORTS.”
“The CAD and JPY are unchanged, but the EUR and AUD are down close to 0.2%.”
“The moves are fairly muted in equities, Japan flat, and other markets –0.2%, while China is up close to 0.5%. ACGBs and NZGBs have rallied today, taking their cue from the sharp moves overnight, ACGB 3yrs –7bps, 10yrs –15bps with NZGBs trailing, 2yrs –6bps and 10yrs –10bps. Commodities are close to unchanged.“