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Friday, March 14, 2025

Asia Market Movers: A look back at the lessons from the Davos divergence

A look back at the lessons from the Davos divergence

EURUSD daily Greg Ip this week made a notable point about the divergence between US and global stocks. "Looks like the divergence began right around Davos when everyone (me included) had concluded Eur... 

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Shanghai Composite climbs to the highs of the year

Shanghai Composite Index Chinese stock markets are a hot spot to start the year and money is flowing back in today after a dip mid-week. Shanghai Composite +1.2% Hang Seng +1.5% CSI300 +1.8% For Shang... 

Australian dollar "increasingly immobilised" -- Westpac

AUDUSD daily Westpac writes today that the AUD/USD is caught between opposing forces: Chaotic US policy increasingly hurting USD growth risks versus global market deleveraging pressures. From today's... 

Bessent: Hopefully we don't get a recursive Biden-flation

We're very vigilant about inflation, it could happen again Before we can bring down inflation, we also want to help affordability As we bring down inflation, we want to bring the absolute price level... 

Lutnick releases statement after meeting Canadian officials (spoiler, it doesn't say much)

Canadian officials were upbeat after meeting with US Commerce Secretary Howard Lutnick but the only thing that was announced was another meeting next week. Lutnick released a readout from the meeting... 

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Latest Forex Orders

FX option expiries for 13 March 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first ones are for EUR/USD at the 1.0850-60 levels. They don't offer too much in terms of technical significance but could h... 

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