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Economic News

QUICK MARKET UPDATE 21TH JUNE

QUICK MARKET UPDATE 21TH JUNE

 

 

AUD and NZD both moved substantially higher (for an Asian range day) with AUD/USD up around 40 points from its lows while NZD/USD up a similar amount circa +40 points. Fresh news and data were light only.

EUR didn’t do too much, yen and GBP added on a few points against the big dollar. Oil traded higher still, CAD added a few points.
US yields dropped during the Asian session here, the 10 years and 30-year USTs to lows not seen since early March and February respectively. Dropping yields gave gold a bit of a spark, up a little more than 10USD from its low.