Yesterday’s US stocks fell sharply, by rock down due to the re-spread of COVID-19 infection, DJIA plummeted and fell by more than 900 USD. European stocks also plummeted.
Forex market was is a typical risk off mood, with safe haven JPY and USD bought. EURUSD temporarily fell to 1.1717, ending near 1.175. USDJPY ended around 104.31 after falling to 104.11 on the weekly pivot. The depreciation of cross yen such as AUDJPY is becoming wider. Today we have the ECB’s policy announcement.
It seems that USDJPY will fall below 104.
Yesterday’s currency strength
US market yesterday
DJIA: 26,519.95 (-943.24 -3.43%)
NASDAQ: 11,004.87 (-426.48 -3.73%)
S&P 500: 3,271.03 (-119.65 -3.53%)
GOLD: 1,878.2 (-1)
OIL: 37.63 (+0.24)
US 10-YR: 0.784 (+0.003)
VIX: 40.28 (+6.93)
Asian market today
Nikkei: 23,247~ (-147)
CME Dow future: 26,652~（+132 Dow）
Economic indicators today
GMT 03:00 (JP) BOC policy statement
GMT 12:30 (US) GDP, Personal consumption
GMT 12:30 (US) New jobless claim
GMT 12:45 (EU) ECB policy statement
GMT 13:00 (Germany) CPI