The euro and the New Zealand dollar fell amid political instability

The rate of the New Zealand dollar fell when the ruling National Party won the most votes in the last elections, however, without gaining an absolute majority.

Now there is an opportunity to form a coalition. The euro also fell when Germany’s Chancellor Angela Merkel won the election in Germany, remaining for the fourth term, confronted with the problem of parliamentary instability due to the increased popularity of the ultra-right. Continue reading

Oil is traded without a definite dynamics on the eve of the publication of stocks this week

Uncertainty of the markets contributed to the indecisiveness of Asian investors, who are waiting for the Fed meeting and clues regarding the future monetary policy of the United States.

The MSCI index rose slightly higher after its fall during the Asian session, as well as the session on Wall Street. DJIA reached its historic high at the close of the fifth session in a row, and the S & P 500 closed the second session in a row at a record high, as the growth of yield on Treasury bonds contributed to the growth of shares in the financial sector. The Japanese Nikkei index, also following the global positive trend, rose 1.2% at the beginning of trading against a weak yen, as the Tokyo Stock Exchange opened today after a holiday weekend. Continue reading

Asylum assets are gaining momentum after North Korea’s test of a hydrogen bomb

North Korea tested the nuclear bomb on Sunday, which immediately provoked investors to switch to safe haven assets.

Asian stocks fell while gold, sovereign bonds and the yen rose during the Asian session, although the losses in the capital were modest amid expectations that the outbreak would be rapid.

The greatest decrease was observed in Japan and South Korea, while in other regions there was a more moderate reaction. Continue reading