Asian week ahead – Fed FOMC, NFP and PMI updates
A week that saw markets mostly caught between rising bond yields and late tech optimism had resulted in a mostly mixed performances across global markets.
Asian markets certainly remain in anticipation of the results between the two Koreas’ meeting, one for risk sentiment.
Side-lined ahead of next week’s key US eco data
KBC Market Research DeskKBC Bank
Global core bonds managed to eke out gains yesterday following six straight trading days suffering losses. The main move occurred in the run-up to and after the ECB meeting.
U.S. Oil Exports Are Only Heading Higher
By Nick Cunningham – Apr 26, 2018, 6:00 PM CDTBy
Last week, the U.S. averaged 2.3 million barrels per day in crude oil exports, the highest average for any week on record.
The surge in exports is being driven by several factors. The most obvious is the rapid growth in U.S. shale production, with shale drillers adding new supply at a blistering rate. Record production is leading to record exports.
APRIL 27, 2018 / 4:01 AM / UPDATED 11 HOURS AGO
PRECIOUS-Gold stays near 5-wk lows,
set for biggest weekly fall in 4
3 MIN READ
BENGALURU, April 27 (Reuters) – Gold prices languished near five-week lows on Friday, set for a weekly decline of more than 1 percent on a stronger dollar, higher U.S. Treasury yields and
easing geopolitical concerns.
For Key Events this week, please refer to our economic calendar.
Remember, we are in a time where Technical Data alone will not be good enough. Remember to factor in the Fundamentals!