Markets alert – Page 27

June 9
2018

Brazilian Real Rallies Despite Emerging Market Tumble Amid Intervention, Hike Rumors

Talking Points: Brazilian Real surged 4.35% versus the Dollar Friday, bucking a 6-day streak of losses Brazil’s central bank offered intervention for a fourth day after a trucker protest slowed the economy The protest’s added to inflation views and prompted speculation of a rate hike from the central bank Learn the number one mistake traders […]

June 8
2018

S&P 500, DAX & FTSE – Fed, ECB in Spotlight Next Week

Talking Points: FOMC expected to raise rates on Wednesday; S&P 500 sluggishly bullish ECB could be a market-mover on Thursday; DAX between support and resistance UK CPI on the docket next week, FTSE may be in for more weakness For the intermediate-term technical and fundamental outlook, check out the DailyFX Q2 Forecasts. S&P 500 Looking […]

June 8
2018

GBP Muted as Inflation Expectations are Left Unchanged; Eyes on Next Weeks CPI

GBPUSD Analysis and News Inflation Expectations Among Public Remain Above BoE’s 2% Target GBP May Rise on Higher Than Expected Inflation For a more in-depth analysis on Sterling, check out the Q2 Forecast for GBP/USD Public Forecasts Inflation to Remain Above BoE’s 2% Target Bank of England/TNS Inflation attitudes survey for May showed that inflation […]

June 8
2018

USD/CAD Hits Fresh Daily High after May Canadian Jobs Disappoint

Talking Points: – May Canadian jobs growth comes in at -7.5K, well below the expectation of +23.5K. – Despite the drop in jobs, the unemployment rate stayed on hold at 5.8%. – The Canadian Dollar turned lower following the data, with USD/CAD rising from 1.2979 to as high as 1.3073, at the time this report […]

June 8
2018

Canadian Jobs Report: CAD Slips as Canadian Jobs Fall In May | Webinar

If you missed this webinar and would like to know about future events, you can see the full DailyFX webinar schedule here. Canadian Jobs Slip in May Weighing on CAD Canadian Employment Change showed a surprise decline of 7.5k against expectations of a gain of 23.5k. This had primarily been led by full time jobs […]

June 8
2018

Chinese Australian Imports Rise but AUD Does Not, May Fall Rather

Market Alert: AUD/USD, China Trade Balance, G-7 Leaders Summit Chinese Australian imports increased 22.4% y/y, but Aussie Dollar declined Fears ahead of the G-7 leaders summit concerned traders as Trump tweeted AUD/USD was unable to push above critical resistance and may head lower Find out what retail traders Australian Dollar buy and sell decisions say […]

June 8
2018

Asian Stocks Slip On Emerging Market Worries, Fractious G7 Looms

ASIAN STOCKS TALKING POINTS: Asian stocks were lower across the region The US Dollar also retreated against the Euro Chinese trade numbers missed forecasts Find out what the #1 mistake that traders make is and how you can avoid it. Asian stocks were in broad retreat Friday afternoon as investors fretted about both emerging markets […]

June 8
2018

Asia AM Digest: Sentiment Falls Before G7, NK Summit. Yen May Gain

Current Developments – Sentiment Falls Apart At the Last Minute Risk appetite fell apart towards the end of Thursday’s trading session as comments from the White House appeared to have spooked the markets. US President Donald Trump, ahead of his summit with North Korean Leader Kim Jong Un, said that there will be no deal […]

June 7
2018

Preview: Can the Turkish Central Bank Deliver Delightful Boost to Turkish Lira on Surprise Rate Hike?

TRY Analysis and Talking Points Turkish Lira Likely to Find Near-Term Support on Surprise Rate Hike However, a Decision to Stand-Pat Could See TRY Pressured in Run up to Election Can the Turkish Central Bank Regain its Credibility? Today marks a moment for the Turkish Central Bank to restore its credibility. After its emergency meeting […]

June 7
2018

Ripple (XRP) Price Battles with Technical Resistance; Where Next?

Ripple (XRP) – News and Talking Points – XRP is finding the 200-day moving average an obstruction. – Cryptocurrency support levels are holding. To see how retail traders are currently positioned in Ripple and what it means for traders looking forward, you can download the IG Client Sentimentpage for free for updated retail positioning. Ripple […]