Welcome to our daily market update. If you have any questions or would like anything further explained, please don’t hesitate to reach out to your account manager or email info@cafx.com
Forex Market
General Market
- Dow Jones: +0.6% → 46,516
- S&P 500: +1.6% → 6,710
- Nasdaq: +2.7% → 22,867
- VIX: -12.0% → 20.61
- ASX 200: +1.3% → 8,525
- Nikkei: -2.4% → 48,626
- Shanghai Comp: Flat → 3,837
- FTSE: -0.1% → 9,535
- DAX: +0.6% → 23,239
- CAC: -0.3% → 7,960
Headlines to Watch
- Retail sales and PPI data came in softer than expected, pressuring USD
- Consumer confidence plunged, raising growth concerns
- Fed Beige Book may highlight rising uncertainty
- Yields continue to drift below key levels
- Early weakness reversed as EUR/USD and GBP/USD pushed to fresh highs
- Reports of Ukraine agreeing to peace terms boosted EUR
- UK CBI sales missed expectations
- Asian equities climbed, led by China and Hong Kong
- AUD and NZD gained on broad USD weakness
- RBNZ decision now in focus
Mid-market rates
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