Current Developments – USD, JPY, Oil Rise as NZD and CAD Fall The US Dollar appreciated against its major counterparts towards the second half of Wednesday’s trading session. There, commentary from Donald Trump’s Economic Adviser Larry Kudlow sunk sentiment after risk trends recovered during the European session. Mr. Kudlow said that the US president is […]
Read moreEURUSD Analysis and Talking Points Italian Consumer and Business Confidence Stabilises Amid Reduced Political Uncertainty French Consumer Confidence Falls to Lowest in 2yrs Italian Consumer and Business Confidence Stabilises The Euro and FTSE MIB were largely unmoved following the release of the latest Italian consumer and business confidence surveys. With regard to the consumer survey, […]
Read moreEURJPY news, prices and analysis: – The EURJPY cross could come under increasing pressure in the coming days. – The Euro is struggling with a fractious political situation in Germany while the Yen is benefiting from risk-averse sentiment in the markets. Check out the IG Client Sentiment data to help you trade profitably. German politics […]
Read moreCrude oil price, news and analysis: – US President Donald Trump is calling on other countries to end their imports of crude oil from Iran. – Meanwhile, US crude oil inventories are falling and the combination could boost the price of crude oil further. Check out the IG Client Sentiment data to help you trade […]
Read moreRipple Price, Analysis and Chart – A tortuous grind lower with further losses expected. – Retail remain heavily long XRP from much higher levels. Ripple (XRP) – Losses Continue to Rack-Up The third-largest crypto token by market capitalization continues to leak lower and changes hands at levels last seen nearly three months ago. After rallying […]
Read moreBitcoin (BTC), Ethereum (ETH), Ripple (XRP) News and Talking Points – Little news but the market sheds around $30 billion. – Two-month losses of around 50% are commonplace. IG Client Sentimentshows how clients are currently positioned in a wide range of cryptocurrencies and how positioning has changed over the last week- and cryptos are overwhelmingly […]
Read moreUS Market Snapshot via IG: DJIA 0.2%, Nasdaq 100 0.3%, S&P 500 0.2% Major Headlines President Trump backs off imposing restrictions on Chinese investment CNY continues its free fall, now at lowest since 2017 WTI Crude finds another boost from largest API crude stock drawdown since 2016 USD: The US Dollar alongside equities pushed to […]
Read moreASIAN STOCKS TALKING POINTS: Asian stocks were mixed thanks to trade worries and oil price gains New Zealand exports were revealed to have put in a strong performance Chinese May industrial profits just failed to match the previous month’s vigor Get trading hints and join our analysts for live, interactive coverage of all major economic […]
Read moreEURUSD – The Main Market Points and Analysis – German politics coming to a head shortly and Chancellor Merkel is under pressure. – US-EU trade wars likely to get worse with the Automobile industry under fire. – EURUSD looking at fresh multi-month lows. As latest rebound fails. The latest IG Client Sentiment Indicator shows retail […]
Read moreCurrent Developments – Crude Oil, US Dollar Rallies The US Dollar spent most of its time on Tuesday rising against its major peers, with its appreciation picking up pace following the end of the Asian trading session. Gains were accompanied with decreasing US bond yields as stocks fell, suggesting a bid for safety given the […]
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