EUR Futures: neutral/bearish near term

In light of advanced data for EUR futures markets from CME Group, open interest reversed two consecutive daily builds and went down by around 1.5K contracts at the beginning of the week. On the other hand, volume rose for the second session in a row, this time by nearly 13.8K contracts.

EUR/USD faces some consolidation ahead of extra losses

The bearish note in EUR/USD has intensified on Monday following poor PMI prints in Euroland. Shrinking open interest warns against the probability of a deeper retracement for the time being, while the area of YTD lows near 1.0920 is seen offering strong support.

Sep 24, 2019

Thailand: BoT to cut rates tomorrow? – ING

Prakash Sakpal, economist at ING, believes that the Bank of Thailand is likely to cut rates at its policy meeting tomorrow with weak data driving anot

Asian stocks register modest gains as trade optimism confront geopolitical/growth fears

Although trade positive sentiment welcomes Japanese trades after an extended holiday, Asian stocks couldn’t rise much as traders weigh geopolitical challenges.