Markets alert – Page 15

June 26
2018

Chicago Fed National Activity Index Surprise Suggests Slower Growth in May

Talking Points: The Chicago Fed’s index fell to -0.15 in May from +0.42 in April, missing the forecasted +0.30 Forty-three indicators improved in the month’s reading while forty-two declined Employment related indicators contributed +0.13 to the index, up from +0.12 in April The index’s three-month moving average decreased to +0.18 from +0.43 Stay up to […]

June 26
2018

Asia AM Digest: Navarro Helped S&P Bottom, Nikkei 225 May Not Fall

Current Developments – US Trade Adviser Helps Bottom Stock Route The S&P 500’s largest decline since April 6th (-1.4%) could have ended up far worse on Monday. Losses in stocks were not limited to the US, but were spread out through Asia and Europe as well. The downturn in sentiment, which followed EU retaliatory threats […]

June 25
2018

Looking at Brent and WTI Crude Oil after OPEC

Take a look at the WTI and Brent crude oil prices after OPEC IG analyst, Shaun Murison, takes a look at the Brent and WTI crude oil price charts in the wake of the decision by OPEC and some non-OPEC oil producers to raise output by 1 million barrels a day. Oil markets react to […]

June 25
2018

Australian Dollar Outlook Bearish on Rising Trade War Tensions

AUD Analysis and News AUD Outlook Dampened by Rising US-China Trade War Tensions AUD Short Bets at the Highest Level Since December 2015 Escalating Trade War Tensions Dampens AUD Outlook Increasing concerns over a full-blown trade war between the US and its largest trading partners (China and the EU) have been at the forefront of […]

June 25
2018

DAX 30 – US Trade Fears and Auto Blues

DAX 30 News and Talking Points – Trade tariff fears continue to weigh on the DAX 30 – Daimler in US President Trump’s sight. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make more informed trading decisions. DAX 30 Nearing Important Fibonacci Support The […]

June 25
2018

UK Week Ahead: Brexit and Risk in Control of GBP and FTSE | Webinar

The latest ramp-up by the US in the trade disputes with China and more recently the EU has sent market participants to the sidelines with risk-off trades favored by those interested in trading. Sterling remains weak against the US dollar, but this isn’t helping the FTSE 100 which is down around 1%. EURGBP remains stuck […]

June 25
2018

US AM Digest: JPY Gains Amid Heightened Trade War Uncertainty

US Market Snapshot via IG: DJIA -0.6%, Nasdaq 100 -0.7%, S&P 500 -0.4% Major Headlines President Trump announces plan to restrict Chinese Investments CFTC Data shows USD position switch to net long German business confidence falls on trade war concerns -IFO JPY:Global trade tensions continue to linger with the US drawing up plans to limit […]

June 25
2018

SGD, IDR May Fall as Trade War Fears Boost USD – ASEAN Weekly

ASEAN Outlook Talking Points: Despite an end of week US Dollar pullback, MYR, IDR and SGD depreciated IDR looks to rate hike but may keep falling with others as USD rise resumes USD/SGD downside reversal warning sign has faded, faces key resistance Trade all the major global economic data live and interactive at the DailyFX […]

June 25
2018

Asian Stocks Mixed As Trade Worries Dominate, EUR Holds Up

Talking Points: Asian stocks were mixed on Monday with no index moving far Local data were scant leaving investors to gnaw old trade worries The Euro held up against the US Dollar What makes the very best traders stand out from the rest? We’ve been looking hard at the numbers, trying to isolate the Traits […]

June 25
2018

USDJPY Hit by Trade War Rhetoric; Technical Indicators Collide

USDJPY News and Talking Points – USDJPY gets a political bid as the US ramps up action against China and the EU. – Recent uptrend breaks as technical indicators collide. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make more informed trading decisions. USDJPY […]