The global economy facilitates the fluid movement of products and They did this through foreign exchange (forex) market purchases of.
Table of contents
- Economic Factors That Affect the Forex Market
- 11 Important Forex Economic Indicators - Admiral Markets - Admirals
- More from Election
- IMF, FOREX, and International Business in Emerging Markets
Dollar slides on improving European, U. Taiwan punishes Deutsche Bank, others in currency speculation case. Dollar extends rebound as U. Dollar bounce from low continues after U. Pound climbs against weaker euro, gains seen as temporary.
Economic Factors That Affect the Forex Market
New year but old themes to weigh heavily on the dollar. Dollar up from lows on economic hopes, euro profit-taking. Sterling stutters as UK negative rates speculation swirls. Georgia sued for third time over voting restrictions as Delta, Coke face boycott calls. White House announces new measures to counter anti-Asian violence. Biden expected to end Trump ban on temporary foreign workers. There was little progress made during the UK-EU talks on a post-Brexit trade deal but UK Prime Minister Boris Johnson has pledged not to ask for an extension to prevent the UK from concluding the transition period at the year-end without a trade agreement.
11 Important Forex Economic Indicators - Admiral Markets - Admirals
The deadline for the UK to ask for an extension is June The yen weakened by 1. The Asia ex-Japan currencies strengthened across the board against the weaker dollar.
- The gains consolidate the dollar's strength after a topsy-turvy end to last month..
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- The Effect Of Forex Trading On An Global Economy.
The rupiah came in as the outperformer for the week, rising 3. Notable gains were also seen in the South Korean won, appreciating 1.
More from Election
Meanwhile, the ringgit appreciated 1. The US Treasuries curve bear steepened, rising The selling pressure came after investors grew increasingly optimistic on the US economic recovery as states eased business lockdown measures as well as a slightly less grim jobs report. As at noon Friday, the 2-, 5-, and year benchmark UST yields stood at 0.
Activities in the local bond market picked up this week as many market participants returned from the long Hari Raya holidays. Tracking the global yields, sell-offs were firmer with the MGS segment rising 3—11bps across the curve while the GII market added 2—31bps. Focus was on the RM4. As at noon Friday, the 3-, 5-, 7-, , , and year benchmark MGS yields settled at 2. The IRS was seen rising 5.
The 3-month Klibor eased 1bps to 2. Elsewhere, the five-year CDS fell Globally, investors bet on a quick reopening of the economy while shrugging off the violent protests in cities across the United States and the escalating US-China tensions. Locally, investors chased up glove, tourism-related and banking stocks.
In particular, glove stocks experienced heightened volatility as certain brokers in town imposed credit tightening to curb excessive speculation. Despite the buoyant market performance, foreign investors remained net sellers in the local market. On a brighter note, the selling was well absorbed by local institutional and retail investors, with a participation rate of Meanwhile, as foreign investors took a back seat, their participation rate fell to During the week, 12 out of 13 sectors tracked by Bursa Malaysia recorded gains.
IMF, FOREX, and International Business in Emerging Markets
In the coming week, investors will keep a close eye on:. For FX enquiries, please contact: ambank-fx-research ambankgroup. Global Forex Market.
Forex Saturday, 06 Jun Related News. Markets 20h ago Positive lift awaits debt market. Forex 8h ago Ringgit slips to 4. Nation 20h ago Ramadan and Hari Raya shopping kicks off. Malaysian Bond Market Activities in the local bond market picked up this week as many market participants returned from the long Hari Raya holidays.