6 Mar 2015
Markets quiet, AUD best performer – TDS
FXStreet (Barcelona) - Prashant Newnaha, Asia-Pacific Macro Strategist at TD Securities, summarizes the market performance in the Asian trade.
Key Quotes
“It was a very quiet session with the data vacuum in Asia and payrolls today keeping participants sidelined. The USD index hit a new high in the US session but is unchanged in Asia.”
“The AUD is the best G10 performer today, +0.2% at US$0.7800, the Yen is +0.1% at ¥120.05 with the EUR and NZD –0.1% weaker—US$1.1020 and US$0.7475 respectively.”
“Equities are mixed, but no real standouts. The Nikkei is +1% at fresh highs, but price action is fairly muted across other indices, with Chinese equities mildly in the red, ditto Australia while the Kospi is +0.7%."
“US 10yrs are aggressively unchanged, same with ACGBs and NZGBs.”
“Gold is flirting with but just below US$1200, iron ore futures –1%, copper futures unchanged while brent futures are +0.7% to US$60.95.”
Key Quotes
“It was a very quiet session with the data vacuum in Asia and payrolls today keeping participants sidelined. The USD index hit a new high in the US session but is unchanged in Asia.”
“The AUD is the best G10 performer today, +0.2% at US$0.7800, the Yen is +0.1% at ¥120.05 with the EUR and NZD –0.1% weaker—US$1.1020 and US$0.7475 respectively.”
“Equities are mixed, but no real standouts. The Nikkei is +1% at fresh highs, but price action is fairly muted across other indices, with Chinese equities mildly in the red, ditto Australia while the Kospi is +0.7%."
“US 10yrs are aggressively unchanged, same with ACGBs and NZGBs.”
“Gold is flirting with but just below US$1200, iron ore futures –1%, copper futures unchanged while brent futures are +0.7% to US$60.95.”