Tuesday, July 9, 2013

FX News with Richard Nunes


DXY- 84.348 +.158
EUR- 1.2864 -.0006
TYU3 125-07 -.02
RXU3 142.06 +.12 (Bunds)
SPU3 1640.50 +5.00
VGU3 2657.00 +10.00 (Euro Stoxx)
CLQ3 103.06 -.08 (WTI)
COQ3 107.25 -.17 (Brent)
XAU 1248.54 +11.57
 
Markets;
Asian equity markets were higher as the US earnings season kicked off and Alcoa beat earnings estimates. The MSCI Asia Pacific index was up a strong 1.6% and the Nikkei jumped 2.6% as the yen weakened further. The Kospi was up 0.7%, the Hang Seng +0.5%, and the Shanghai Composite + 0.4% driven by gains in the cement and utilities sectors. The Indian Sensex was up 0.6% the INR rebounded from a record low. Europe equities are mostly higher up 0.4% (Euro Stoxx). The September S&P futures point to a 0.2% gain at the open.
Treasuries are selling off across the curve as 10-year yields have risen 2bp to 2.65% and 30-year yields have increased 1bp to 3.64%. UK gilts have decreased 2bp to 2.46% and German bunds have fallen 1bp to 1.69%.
The dollar is stronger versus a basket of the major currencies. The DXY is up 0.1%.
Commodities are mixed. August WTI crude oil prices are a tad bit lower down 16 cents to $107.25 a barrel. Gold prices have increased $11.57 to $1,248.54 an ounce.
 
 
http://sweetfutures.com/2013/fx-news-with-richard-nunes-2/ 


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