Markets alert – Page 22

June 15
2018

Oil Prices to Leak Lower as OPEC Look to Switch On Supply Taps

Fundamental Forecast for Crude Oil Price: Bearish Crude Oil Analysis and Talking Points: Saudi Arabia and Russian Set to Turn the Supply Taps on OPEC likely to relax production quota’s question is, by how much? OPEC Preview: A Crude Awakening OPEC’s 174th ordinary meeting is set to take place on June 22nd with the JMMC […]

June 15
2018

S&P 500, DAX & FTSE – Fed and ECB Over With, BoE Next

Talking Points: FOMC raised 25-bps, light calendar next week; S&P could test support line ECB sparked big volatility in euro and stocks; DAX difficult to get a handle on BoE on Thursday; FTSE range has traders scratching their heads for directional cues For forecasts, trade ideas, and educational guides, check out the DailyFX Trading Guides. […]

June 15
2018

US Consumer Sentiment Rises in June, Unfazed by Trade Wars

Talking Points: The UofM measure of consumer sentiment clocked in at 99.3 versus 98.0 for May Confidence was buoyed by strong economic growth and low unemployment among other factors Trade wars remain an important factor influencing consumer confidence, despite this month’s increase Learn the number one mistake traders make when trading. Download our Traits of […]

June 15
2018

Chart Setups for Next Week – Bitcoin, Ether, Ripple, Litecoin

Bitcoin, Ripple, Ether, Litecoin – Charts, Prices and News – US Justice Department continues to investigate illegal practices in the cryptocurrency market. – Bitcoin and Ether are not securities says the SEC. Cryptocurrency Market Continues to Sag Despite SEC Announcement After a negative week, the crypto-market got a short-term reprieve after the SEC decided that […]

June 15
2018

US Dollar Shrugs Off US-China Trade War Escalation for Now

USD – Trade War News and Talking Points – $50 billion of new trade tariffs expected to be announced by the US today. – The US dollar remains strong despite dispute escalation. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are availableto download to help you make more informed trading decisions. […]

June 15
2018

US AM Digest: USD Dips from YTD Highs as Trade War Uncertainty outweighs ECB-Fed Policy Divergence

US Market Snapshot via IG: DJIA -0.7%, Nasdaq 100 -0.5%, S&P 500 -0.5% Major Headlines President Trump approves $50bln tariffs on Chinese goods BoJ stands pat on monetary policy and cuts inflation assessment USD: The greenback had printed fresh 2018 highs on the back of the diverging monetary policy stance between the ECB and Fed. […]

June 15
2018

Asian Shares Mixed on Tariff Fears, USD/JPY Rise at Risk Post BoJ

Asian Stocks Talking Points: Asian shares mixed as trade war fears rose, Bank of Japan downgraded CPI assessment Us to go ahead with $50b in Chinese import tariffs, USD may rise on consumer confidence USD/JPY rising in ascending channel, it faces critical resistance ahead which could hold Just getting started trading the Japanese Yen? See […]

June 15
2018

Bitcoin, Ethereum Rally on SEC News; Charts Remain Negative

Cryptocurrency News and Talking Points – SEC classification say that Bitcoin (BTC) and Ethereum (ETH) are not securities. – Market rally flounders as technical resistance remains in place. IG Client Sentimentshows how clients are currently positioned in a wide range of cryptocurrencies and how positioning has changed over the last week – and positioning continues […]

June 15
2018

EUR Bears to Remain in Control on Possible German Snap Election

EURUSD Analysis and Talking Points Rift over immigration policy could spell the end for Merkel Snap election likely to weigh on the Euro See our Q2 EUR forecast to learn what will drive the currency through the quarter. End for Merkel? If there is one thing that had been made apparent by yesterday’s 2 big […]

June 15
2018

Asia AM Digest: Markets Eye Sentiment Instead of BoJ Post ECB Jolt

Current Market Developments – ECB Rocked Markets Thursday’s European Central Bank monetary policy announcement generated large amounts of volatility in the FX and stock spectrum. In short, the ECB followed through with confirming QE tapering bets by announcing that the programme will be cut in September and run until the end of the year. However, […]