Market Brief

The Usd was slightly weaker in the star of the new trading week. The G20 meeting of financing ministers over the weekend didnt generate anything earth shaking. The G20 failed in their final communication failed to mention FX. The lack of any language regarding currencies was dropped to avoid any divisive comment at a time when unity is needed. However financial ministers did commit to increasing funding to the IMF for EM countries which is helping risk sentiment and weighing on the greenback.

Snap Shot

Global indexes Current level % Change
Nikkei 225 Index7,704.15+ 1.24
Hang Seng Index12,776.57+ 2.00
Shanghai Index2,241.61+ 1.15
FTSE futures3,748.50+ 0.34
DAX futures4,013.00+ 0.42
CAC futures2,748.50+ 0.23
DJIA futures7,162.00- 0.10

World markets Current level % Change
Gold926.3-0.41
Silver13.06-1.17
Crude wti44.6-3.1

Todays calender Estimates Previous Country / GMT
HICP0.4,1.2%y-0.8,1.1%EZ / 10:00
Empire State Manufactoring Survey-32.0-34.7US / 12:30
Industrial Production-1.2%-1.8&US / 13:15


Currency Tech

AUDUSD
R 3: 0.6850
R 2: 0.6799
R 1: 0.6643
CURRENT: 0.6589
S 1: 0.6402
S 2: 0.6307
S 3: 0.628

EURJPY
R 3: 129.69
R 2: 128.55
R 1: 127.64
CURRENT: 1.2700
S 1: 122.13
S 2: 121.75
S 3: 119.39

USDSGD
R 3: 1.5653
R 2: 1.5594
R 1: 1.5528
CURRENT: 1.5369
S 1: 1.5252
S 2: 1.5130
S 3: 1.5036

  • S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot