Fundamental analytics

On the last day of January, European markets failed to display a certain dynamics, despite the attempts of the markets to win back Tuesday significant losses.

Cryptocurrencies

Thursday’s trading saw a marginal recovery for bitcoin and the overall cryptocurrency market from recent hard-hitting news before Facebook came into the picture with news that extended recent losses.

Asian equity indexes were mostly in green territory on Thursday, regaining positions following a previous session sell off in the light of major losses in Wall Street.

Asia: China’s Caixin services PMI for January is due for release as of 01:45 GMT.

Today, USD dollar lost yesterday's gains, as the yield of US bonds is decreasing.

AUDUSD

The Australian dollar lost 0.07 percent to reach 1.7517 per pound on Wednesday after suffering a bigger loss to 1.7567 per pound earlier today, a level last seen on January 26.  

On Tuesday, European equity markets moved to a correction decline. 

Cryptocurrencies

Cryptocurrency traders remained bearish on Wednesday following a week of unfavorable news for the world of digital assets, including a hack that led to the biggest theft in the history of virtual currencies. 

Asian stock indexes were mixed on Wednesday, trying to cap losses following Wall Street’s overnight plunge in the light of a softer-than-expected State of the Union speech in Congress.

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