Berita & Penelitian

Penelitian & Informasi Pasar

Penelitian & Informasi Pasar

Land-FX analyst Ioan Mihalachi

  • Head of European Market Strategy and Education Department
  • Market research experience with over 7 years of comprehensive understanding of Financial Markets.
  • Investment management using the combination of fundamental and technical market analysis.

28 March 2017

powered by Land-FX

 

 

 

Currency Markets the dollar limped off multi-month lows against major peers on Tuesday, with much of the lift from the "Trump trade" now gone. The dollar fell 0.1 percent to 110.605 yen following its slide to 110.110 overnight, its lowest since Nov. 18. The euro was a shade higher at $1.0865, after scaling$1.0906 in the previous session, its loftiest peak since Nov. 11. The pound added 0.1 percent to $1.2568 after rising almost one percent to $1.2615 overnight, its highest since Feb. 2. The Australian was slightly higher on the day at $0.7620 while the New Zealand dollar was slightly lower at $0.7042. The dollar index edged up 0.1 percent to 99.212, after plumbing a trough of 98.858 overnight, its lowest level since Nov. 11.

 Commodities Markets oil prices rose on Tuesday, supported by a weak dollar, but crude continued to be weighed down by rising U.S. production and uncertainty over whether an OPEC-led supply cut is big enough to rebalance the market. Prices for front-month Brent crude futures had gained 20 cents from their last close to $50.95 per barrel. In the United States, West Texas Intermediate crude futures were up 24 cents at $47.97 a barrel. Spot gold was mostly unchanged at $1,253.66 per ounce and spot silver fell 0.4 percent to $17.99 per ounce. Platinum climbed 0.3 percent to $965.90 per ounce. On Monday, it marked its highest since March 6 at $982.60. Palladium fell 0.7 percent to $787.55 per ounce.

 

US Equity Markets  the S&P 500 cut earlier losses on Monday to end slightly lower, while the Dow declined for an eighth straight session, as investors assessed how the defeat of President Donald Trump's first major legislative action would impact the rest of his agenda. The Dow Jones Industrial Average fell 0.22 percent, to 20,550.98, the S&P 500 lost 0.10 percent, to 2,341.59 and the Nasdaq Composite added 0.2 percent, to 5,840.37.  The telecoms sector fell 0.7 percent while financial stocks lost 0.5 percent. Healthcare climbed 0.4 percent, helped by hospital stocks after the healthcare bill's failure. In corporate news, Snap Inc shares jumped 4.8 percent after several of the Snapchat owner's IPO underwriters gave it "buy" ratings.

 

Bond Markets U.S. long-dated Treasury yields fell to one-month lows on Monday, weighed down by growing doubts about the Trump administration's ability to deliver on its campaign promise to bolster the economy. In late trading, benchmark 10-year note price gained 8/32 to yield 2.367 percent, down from Friday's 2.4 percent. U.S. 30-year bond prices rose 15/32, yielding 2.976 percent.

 

Asian Equity Markets Japan's Nikkei index rebounded from more than a six-week low on Tuesday morning due to a pause in the yen's strong trend, with most sectors rose to positive territory.  MSCI's broadest index of Asia-Pacific stocks outside Japan added 0.6 percent. Japan's Nikkei jumped 1 percent, its biggest one-day gain in more than two weeks, while Australian stocks were up 1.1 percent. Hong Kong's main Hang Seng added 0.6 percent. China's market was one of the region's underperformers, with the CSI 300 index about 0.2 percent lower and the Shanghai Composite down 0.4 percent.