Wall Street Soft, Asian and European Markets Mixed Ahead of Key Economic Data

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 

USD Softens as Wall St. Trades Lower; AUD Remains Range-Bound

Wall Street saw modest losses to start the week, with the Nasdaq down -0.5%, the S&P 500 -0.2%, and the Dow Jones -0.1% late in the session. U.S. 10-year yields were steady at 4.18%, while Brent crude fell 1.0% to $60.50/bbl.
AUD/USD traded within a narrow 0.6632 – 0.6657 range, settling around 0.6640/45 ahead of the Asian open, reflecting subdued risk appetite.
The USD softened through the NY session following a sharp decline in U.S. Empire Manufacturing, with EUR/USD and GBP/USD pushing to session highs while USD/JPY dipped below 155.00. AUD/USD edged modestly higher during NY trade before easing late, remaining confined to recent ranges as markets await key U.S. labour data.

General Market

Wall Street

  • Dow Jones: -0.2% → 48,352
  • S&P 500: -0.1% → 6,823
  • Nasdaq: -0.4% → 23,091
  • VIX: +4.3% → 16.41

Asia-Pacific

  • ASX 200: -0.7% → 8,635
  • Nikkei: -1.3% → 50,168
  • Shanghai Composite: -0.6% → 3,868

Europe

  • FTSE: +1.1% → 9,751
  • DAX: +0.2% → 24,230
  • CAC: +0.7% → 8,125

 

 

Headlines to Watch 

China

  • A full slate of November activity data to gauge the strength of the economic recovery and the effectiveness of recent policy support measures.

Canada

  • November CPI release following mixed inflation signals in October, with implications for the Bank of Canada’s medium-term policy outlook.

United States

  • Q3 GDP and Core PCE data in focus as markets assess growth and inflation dynamics ahead of future Fed policy decisions.

Mid-market rates

Currency PairMid-market Rate
AUD/USD0.6643
AUD/NZD1.1481
AUD/JPY102.97
AUD/CNY4.6790
AUD/EUR0.5651
AUD/GBP0.4964
AUD/HKD5.1695

 

 

 

 

Disclaimer:

The market update provided by Corporate Alliance FX (CAFX) is for reference only and does not constitute a bid, levy, offer or invitation to offer for the financial product, the basis for any contract or commitment, a recommendation for the purchase or sale of any investment instruments, financial, legal, tax, investment advice, investment advice or other opinions. It will not be legally liable for any consequences or losses caused by the information or content involved.
Corporate Alliance Group Pty Ltd T/A Corporate Alliance FX (CAFX) (ABN 58 167 119 226, AFSL 523351) (i.e. CAFX), CAFX independently holds the Australian Financial Services licence no. 523351 (AFSL), so CAFX is regulated by the Australian Securities and Investment Commission (ASIC) and, and although ASIC is a strictly regulatory body, it does not endorse a specific financial product. ASIC’s regulation of CAFX applies to all services under the financial licence held by CAFX, including the issuance of foreign exchange settlement, foreign exchange payments, foreign exchange risk control, hedging, market making and providing financial advice.3

Facebook
LinkedIn

Corporate Alliance Group Pty Ltd (ABN: 58 167 119 226) trading as Corporate Alliance FX (“CAFX”) holds an Australian Financial Services License (AFSL No: 523351) issued by the Australian Securities and Investments Commission, and is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as an independent remittance dealer (Registration No – IND100697688-001).

Corporate Alliance Payments Pty Ltd (ABN: 66 650 245 382) trading as CAPAY is an ASIC AR 001295931 of Corporate Alliance Group Pty Ltd (ABN 58 167 119 226), and is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a remittance dealer (Registration No IND100792739-001), and a Remittance Network Provider (RNP) (Registration No. RNP100792739-001).

Corporate Alliance Pty Ltd (ABN: 51 644 169 148) trading as Corporate Alliance Finance (“CAFIN”) is an ASIC AR 001297733 of Corporate Alliance Group Pty Ltd (ABN 58 167 119 226), which holds an Australian Financial Services Licence issued by the Australian Securities and Investments Commission (AFSL No: 523351).

DISCLAIMER:  The information contained on this website and in any accompanying documents or communications is provided for general information purposes only. It is not intended as a solicitation for funds, nor should it be considered a recommendation or advice to trade.  The contents do not consider your personal objectives, financial situation, or individual needs. You should seek independent financial advice before making any investment or trading decisions.

Corporate Alliance Group, along with its associated or related entities, accepts no liability for any loss or damage—whether direct, indirect, consequential, or otherwise—arising from any action taken or not taken based on the information provided on or through this website.

©2025. Corporate Alliance Group. All Rights Reserved.

Security & Regulation
Legal & Compliance
Privacy Policy
Support SLA