Category: Asian Market

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Hang Seng, Kospi, Topix Setups

Hang Seng, Kospi, Topix Setups

HANG SENG, KOSPI, TOPIX – Price Action:The Hang Seng Index, Kospi, and Topix have rebounded from key support despite the latest escalation in geopolit [...]
Gold at March 2023 low, USD/JPY Hovers Below Key 150.00 Level

Gold at March 2023 low, USD/JPY Hovers Below Key 150.00 Level

Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy A slight breather in the Trea [...]
Risk mood remains cautious, USD/SGD at nine-month high

Risk mood remains cautious, USD/SGD at nine-month high

Major US indices attempted to bounce off their respective near-term support last Friday, but gains failed to sustain into the latter half of the sessi [...]
Fed’s Hawkish Takeaway Pushes Up USD, Weighs on AUD/USD, Gold

Fed’s Hawkish Takeaway Pushes Up USD, Weighs on AUD/USD, Gold

The Federal Reserve (Fed) kept rates on hold (5.25%-5.5%) at its latest meeting, but delivered a hawkish hold as what markets were anticipating – or r [...]
Weak US Data Cooled Rate Bets; Australia inflation Below Expected

Weak US Data Cooled Rate Bets; Australia inflation Below Expected

Wall Street took comfort from several downside surprises in US macro data overnight, with the data taming some rate hike bets and saw US Treasury yiel [...]
Heavy-Lifting from US Tech Overnight as Nvidia Results in Focus

Heavy-Lifting from US Tech Overnight as Nvidia Results in Focus

The US 10-year Treasury yields touched a new 15-year high overnight, but the Nasdaq managed to shrug it off for now (+1.6%), tapping on renewed tracti [...]
Elevated Yields, Weaker Wall Street Handover Keeps Wait-and-See in Place

Elevated Yields, Weaker Wall Street Handover Keeps Wait-and-See in Place

Recommended by IG Forex for Beginners Market RecapDespite a resilient start to the week, Wall Street did not manage to [...]
SPDR S&P Semiconductor, Nikkei 225, Silver

SPDR S&P Semiconductor, Nikkei 225, Silver

Foundational Trading Knowledge Macro Fundamentals Recommended by Jun Rong Yeap Market RecapMarket participants piled back into tech stocks [...]
Hawkish Tilt in Fed Minutes, While Trade Data in Asia Weakened: Gold, USD/SGD, US Dollar

Hawkish Tilt in Fed Minutes, While Trade Data in Asia Weakened: Gold, USD/SGD, US Dollar

Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast It was another down day in Wall Street, as sta [...]
S&P 500 Below 50-day MA, VIX up 11% as Market Caution Persists: S&P 500, NZD/USD, GBP/USD

S&P 500 Below 50-day MA, VIX up 11% as Market Caution Persists: S&P 500, NZD/USD, GBP/USD

Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast The pull-ahead in US retail sales yesterday pr [...]
US Dollar, Nikkei 225, AUD/JPY

US Dollar, Nikkei 225, AUD/JPY

Recommended by Jun Rong Yeap Get Your Free Equities Forecast Market RecapEarnings from Netflix and Tesla have triggered [...]
Mixed Showing in Asia as Markets Digest NFLX, TSLA Earnings

Mixed Showing in Asia as Markets Digest NFLX, TSLA Earnings

Discover what kind of forex trader you are Wall Street eked out further gains (DJIA +0.31%; S&P 500 +0.24%; Nasdaq +0.03%) to en [...]
Subdued Start to the Week Ahead of Key China Data

Subdued Start to the Week Ahead of Key China Data

Discover what kind of forex trader you are Initial gains in Wall Street last Friday failed to find much follow-through, with the DJI [...]
US Mega-Cap Tech Build on Gains; Singapore Avoids Technical Recession

US Mega-Cap Tech Build on Gains; Singapore Avoids Technical Recession

Discover what kind of forex trader you are Following a downside surprise in the recent US consumer price index (CPI) data, the relea [...]
Lighter Start to the Week but Risk-On Prevails

Lighter Start to the Week but Risk-On Prevails

The second quarter has concluded with a further pull-ahead in risk sentiments last Friday, with the S&P 500 closing at its highest level in 14 mon [...]
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