Fundamental Outlook: CAD/JPY
During the Asia-Pacific session, Australian Capex data added to the recent slew of poor Australian data, missing on expectations at -4.0% q/q versus -3.0% expected. Chinese Manufacturing PMI beat expectations at 51.7 versus 51.0 expected with Caixin Manufacturing PMI printing in-line with expectations at 50.9.…
]]>
Fundamental Outlook: CAD/JPY
During the Asia-Pacific session, Australian Capex data added to the recent slew of poor Australian data, missing on expectations at -4.0% q/q versus -3.0% expected. Chinese Manufacturing PMI beat expectations at 51.7 versus 51.0 expected with Caixin Manufacturing PMI printing in-line with expectations at 50.9.…
]]>
Fundamental Outlook: CAD/JPY
There was no tier 1 economic data or news of note from over the weekend, resulting in an overall quiet session with most pairs relatively rangebound. The notable outperformer has been the Canadian dollar which has benefitted from substantial strength in oil prices as WTI has rallied over 3% since Friday’s close.…
]]>
Fundamental Outlook: CAD/JPY
There was no tier 1 economic data or news of note from over the weekend, resulting in an overall quiet session with most pairs relatively rangebound. The notable outperformer has been the Canadian dollar which has benefitted from substantial strength in oil prices as WTI has rallied over 3% since Friday’s close.…
]]>
Fundamental Outlook: CAD/JPY
During the Asia-Pacific session, the main release was Australian Trade Balance which beat estimates at -2.01bln versus expectations of -2.32bln. Risk sentiment has once again improved with an uptick in energy prices supporting sentiment. Coming up in today’s London session will be the ECB Monetary Policy Meeting Accounts.…
]]>
Fundamental Outlook: CAD/JPY
During the Asia-Pacific session, the main release was Australian Trade Balance which beat estimates at -2.01bln versus expectations of -2.32bln. Risk sentiment has once again improved with an uptick in energy prices supporting sentiment. Coming up in today’s London session will be the ECB Monetary Policy Meeting Accounts.…
]]>
Fundamental Outlook: CAD/JPY
The main focus throughout the Asia-Pacific session remained on the announcement that OPEC has agreed on a production limit range of between 32.5mln and 33mln barrels per day, with Iran, Libya and Nigeria to be exempt from the agreement.…
]]>
Fundamental Outlook: CAD/JPY
The main focus throughout the Asia-Pacific session remained on the announcement that OPEC has agreed on a production limit range of between 32.5mln and 33mln barrels per day, with Iran, Libya and Nigeria to be exempt from the agreement.…
]]>
Fundamental Brief (CAD/JPY)
Focus remained on oil prices following yesterday’s report by the IEA which forecasts the crude oil market rebalancing over the coming months, following excessive supply for the last 2 years. Consequently, WTI has continued to strengthen throughout the Asia-Pacific session with price now just below $44 per barrel.…
]]>
Fundamental Brief (CAD/JPY)
Focus remained on oil prices following yesterday’s report by the IEA which forecasts the crude oil market rebalancing over the coming months, following excessive supply for the last 2 years. Consequently, WTI has continued to strengthen throughout the Asia-Pacific session with price now just below $44 per barrel.…
]]>