USD/CHF and EUR/CHF rose to tactical highs. What's next?
Taiwan stocks inch up at close of trade
On Monday, Taiwan stocks soared after the close, as revenues in the Glass, Paper & Pulp, as well as Information Services sectors, brought stocks up.
The Taiwan Weighted tacked on 0.72% to achieve a fresh 52-week peak.
On the Taiwan Weighted the best performance was shown by Chipmos, Bright Led and Inventec Besta. They grew 9.96%, 9.93%, and 9.83% respectively.
Formosa Hotel, Infodisc Tech and Billion turned to be the worse performers of the trading session. They slid 6.10%, 4.99%, and 4.44% respectively.
Jumping shares outclassed declining ones on the Taiwan Stock Exchange by 576 to 210, while 95 didn’t change.
Stock in Formosa Hotel dived to 3-years minimums, declining 6.10% to 154.00. Stocks in Bright Led soared to 52-week peaks, growing 9.93% to 16.60. Additionally, stocks in Inventec Besta leaped to 52-week peaks, soaring 9.83% to 12.85.
The currency pair USD/TWD declined 0.29%, being worth 30.603, while TWD/CNY inched up 0.22%, hitting 0.2269.
Eurozone, France, and Germany will publish the flash services and manufacturing PMIs on February 19, from 10:15 to 11:00 MT time
Australia will publish the employment change and unemployment rate on February 18, at 02:30 MT time.
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
The European Central Bank publishes its monetary policy statement that includes an announcement of the interest rate on March 11, at 14:45 MT time.