Markets alert – Page 12

June 28
2018

US Crude Oil Price Hits 3½-Year High, More Gains Expected

US crude oil price news and analysis: – The US crude oil price continues to surge and a further advance seems likely, perhaps after a short period of consolidation. – Lower inventories and developments in Canada, Libya and Iran are all pushing prices upwards. Check out the IG Client Sentiment data to help you trade […]

June 28
2018

NZDJPY Selling Attractive on Dovish RBNZ and Trade Wars

NZD Analysis and News RBNZ Remain Dovish as Trade Wars Cloud Outlook NZDJPY Selling Attractive as Trade War tensions escalate A cloud of uncertainty for the RBNZ Overnight, the RBNZ announced its latest monetary policy decision, in which the central bank had been had kept the Official Cash Rate at 1.75%, while also providing a […]

June 28
2018

US AM Digest: GBP Slips Ahead of EU Summit, NZD Down on Dovish RBNZ

US Market Snapshot via IG: DJIA -0.3%, Nasdaq 100 -0.1%, S&P 500 -0.1% Major Headlines German Inflation 2.1% vs. Exp. 2.1% (Prev. 2.2%) US Q1 Final GDP reading misses expectations at 2% RBNZ Remains Dovish, BoC Governor Provides Mixed Messages for July Rate Decision USD: Yet again the USD has rejected a firm move above […]

June 28
2018

Asian Stocks Mixed As Trade Woes Simmer On, US GDP Coming Up

ASIAN STOCKS TALKING POINTS Asian stocks were mixed again US trade relations with China continue to occupy investors The Reserve Bank of New Zealand left interest rates alone as expected Join our analysts for live coverage all major Asia Pacific economic data, including Japan’s unemployment numbers on Friday, at the DailyFX Webinars Asian stocks were […]

June 28
2018

GBPUSD Price Analysis: King Dollar Running the Show

GBPUSD Prices, News and Analysis Sterling hits a multi-month low against a resurgent US dollar. Technical analysis sees 1.27780 hove into view. IG Client Sentimentshows 73.8% of traders are net-long with the ratio of traders long to short at 2.82 to 1 – giving us a strong bearish contrarian trading bias. GBPUSD Price Action Driven […]

June 28
2018

Ethereum Analysis: Sub-$400 Beckons if Downtrend Remains Intact

Ethereum – Updated Price Analysis and Chart – The cryptocurrency space remains heavy with tokens struggling to make any upside in a low volume market. – ETH may retest the $360-$400 zone if the current bearish sentiment continues. IG Client Sentimentshows retail clients are 92.2% net-long of ETH but recent positional changes give us a […]

June 28
2018

EURUSD Price at Risk of Further Heavy Fall

EURUSD price, news and analysis: – EURUSD is in danger of major losses as German Chancellor Angela Merkel faces a tough political battle over migration. – At the same time, the EURUSD price chart shows the pair at a key support level; if it breaks, further downside will beckon. Check out the IG Client Sentiment […]

June 28
2018

EUR on Backfoot as Easing German Inflation Reinforces ECB Caution

EUR Analysis and Talking Points Easing German Inflation keeps Euro under pressure Eurozone economic sentiment slips amid rising trade war uncertainty. Easing German Inflation Reinforces ECB Caution The Euro remains under pressure as the USD regains its allure, alongside this, a slew of regional German inflation figures have shown both the M/M and Y/Y readings […]

June 28
2018

Trump Takes Aim at Harley Davidson for Trade War Production Plans

Talking Points: The US motorcycle manufacturer has faced criticism from consumers and the President alike Shares of Harley Davidson have lost 25% since the beginning of the Trump administration The ‘Hog’-producer is one of many US companies that have faced criticism over plans to move production Stay up to date with important economic data with […]

June 28
2018

RBNZ Holds at 1.75 Percent As Expected, Frets About Trade Wars

Talking Points: The RBNZ last changed its Official Cash Rate in November 2016, lowering it 25 basis points to 1.75% The New Zealand Dollar suffered significant losses to the greenback ahead of the rate decision No change is anticipated at their next decision in August, but it brought up concerns on trade wars Stay up […]