Wed. Oct 27th, 2021

Market news todayUSD (USDIndex 92.70) is again higher, due to risk aversion to the virus (particular. NZ which will enter a new blockade at the national level) and weigh the news from Afghanistan. Yields (10 years 1.25%) Asian and lower markets after ATH closes back on Wall Street (US 500 4479) even after a major setback for the Empire State Manu. Index. During the nightRBA minutes weighs AUD “We would be willing to act in response to new bad health news in the event that it leads to a more significant setback for economic recovery.” Better JPY data (a great pace for service activity) USOil from the rise below 65.50 to $ 66.70 and the gold concentrations of 1770 $ 1790. UK Better working days than expected.

European Open – The future of the Bund at 10 years in September is slightly higher, while, although it has a lower yield than the treasuries, which have continued to be backed by risk aversion, as virus developments and developments geopolitics weighs on the feeling and appetite of sap risk. DAX and FTSE 100 futures fall -0.03% and -0.18% respectively. US futures are performing lower and in foreign exchange markets the demand for the dollar is. The EURUSD retreated to 1.1770, although the EUR remained consistently higher than most other currencies. The pound is struggling harder and Cable fell to 1.3821.

Today – GDP EZ (2nd), Retail Sales in the USA, Industrial Production, Fed Powell, Caixkari, Earnings – Walmart.

The largest engine @ (06:30 GMT) NZDUSD (-1.22%) Blocking news has added to RBA concerns across the Tasman Sea earlier in the day and the safe haven offer in USD. Locked since 0.7025 a open i 0.7060 maximums last week at 0.6920 now. Fastest aligned MA, MACD signal line and histogram below and significantly below 0, RSI 17.80; SO but it still falls. H1 ATR 0.0014, daily ATR 0.0058.

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Stuart Cowell

Lead market analyst

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