Market Update – August 16 – Sentiment, USD, Equities Yields slip on weaker Chinese data

Market News Today

USD Index میں تیزی Yields (10yr 1.248), (USD Index 92.50) میں کمی. Asian markets میں کمی. Wall Street پر UoM کا دوسرا بڑا Miss ہوا. DAX Futures اب 16k سے اوپر پہلی بار. Overnight weaker data آیا China سے. Japan میں Record Covid-19 cases,اورMelbourne میں نئے Covid cases . افغانستان کی خبریں سب سے اہم. JPY سے بہتر Data.USOIL .NZD(Better PMI’s) نیچے $67.00 پر. Gold$1775 پر.

Week AheadFED Minutes, RBA Minutes, RBNZ Rate Decision, EUR GDP, US Retail Sales, Global CPI data,

European Open

Bailey & Lagarde اس ماہ Jackson Hole میں نہیں جائیں گے. US,JPY,China سے Weak Data نے Global recovery کو نقصان دیا ہے.

Today – NY Fed Manufacturing (Empire State).

Biggest Mover

AUDJPY(-0.58%) (GMT 06:30) نے Support 81.00 کو Break کیا Friday close 80.75 . Weak sentiment پر مزید نیچے. 80.20 کو Test.Faster MA  اور MACD line  اور Histogram نیچے. RSI 22, H1 ATR 0.108, Daily ATR 0.530.

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Stuart Cowell

Head Market Analyst

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