Morning Report

Get this report in your inbox with rate sheet and technical analysis

Contact now

Asian shares battled to extend a global rebound on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, dampening risk appetite across the region.
Japan’s Nikkei managed to edge up 0.4 percent, but MSCI’s broadest index of Asia-Pacific shares outside Japan was all but flat.
The Dow ended Monday up 1.46 percent, while the S&P 500 gained 1.55 percent and the Nasdaq 2.06 percent.

That put trade-sensitive currencies, including the Australian dollar on the defensive, while the dollar lost some ground on the safe haven yen to 113.47

The euro edged up a shade to $1.1333 and the dollar index dipped to 97.038 against a basket of currencies.


Oil prices had climbed nearly 3 percent on Monday in what was seen as largely a technical correction after weeks of losses.

Early Tuesday, U.S. crude was off 4 cents at $51.59 a barrel. Brent crude LCOc1 futures had closed up $1.68 at $60.48 a barrel.

Source : Reuters

Published by prashanti forex

Prashanti Forex is managed by a certified treasury professional with an experience of more than 15 years in Finance and Advisory Business. His expertise come from various organisations, where he has gained knowledge and deep understanding of financial environment. His Principle Objective is providing customised advise with excellent service, committing a relationship based on integrity, understanding, honesty and trust. We are glad to offer you a boutique of services which will enable your organisation to enhance the profitability and efficiently manage the business risks. Our Services are : Treasury & Risk Management Solutions Trade Finance Wealth Management

Leave a comment

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: