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Compared with its overnight high that is. Another early continuation move here in the Asian morning. No fresh news nor data to drive it. Meanwhile, cable has slipped further …. the story so far:
Light calendar day to end the week Equities in general are doing well, with the Nikkei leading gains up by 2% currently – and that’s continuing to keep yen pairs underpinned ahead of European markets open. There isn’t much on the data front to change the trading landscape so today it’ll be all about the…
Apple to invest $300m in China along with 10 suppliers – Into a clean energy fund – Investment over the next four years ForexLive
Forex and Bitcoin news for Asia trading Friday 13 July 2018 Friday the thirteenth can often be a bit subdued here during the Asian time zone but today we got some market-moving input beginning early in the session.
Earlier headlines (a few hours ago) are here from a UK newspaper interview with president Trump: And follow up here: In a nutshell Mr T wants a hard Brexit and warns there will be no US / UK trade deal if he doesn’t get his way.
Ths of notable size not too far from spot EUR/USD – 1.1650 EUR 1.2bn – 1.1700 868m USD/JPY – 112.50 $ 610m GBP/USD – 1.3250 GBP 857m – 1.3255 238m USD/CAD
Kiwi dropping a few tics, the PMI at its lowest since December of last year Of the 5 sub indexes, 4 fell – Production sub index lower – A bit of a concern is the employment sub index, which is under 50 again this month (two months in a row for those counting)
Reuters have run the numbers and have come up with that little factoid – Highest ever for any one month – Reuters basing it data back to 2008 LOL
Bloomberg report that Steve Cohen has invested in a hedge fund focusing on cryptocurrencies and blockchain-based companies – The piece cites “according to a person familiar with the matter” Here is the link to for more