Markets alert – Page 29

June 6
2018

US AM Digest: EUR up on ECB Taper Talk, AUD Lifted by Firm GDP

US Market Snapshot via IG: DJIA 0.5%, Nasdaq 100 0.3%, S&P 500 0.3% Major Headlines ECB Governors confirm that the ECB will discuss QE exit next week Australian Q1 GDP beats expectations (3.1% vs. Exp. 2.8%) US and Canadian Trade Deficit narrows. AUD: The Australian Dollar is on the front foot this morning following a […]

June 6
2018

Asian Stocks Mixed Despite Nasdaq Record. GDP Beat Lifts AUD

ASIAN STOCKS TALKING POINTS: Asian stocks were mostly a little higher Wednesday A strong Nasdaq showing helped Australian growth figures were impressive New to foreign exchange trading? Try the DailyFX Beginners’ Guide Asian stock markets traded mixed on Wednesday with a new record high for the Nasdaq in the previous session lifting confidence, although trade […]

June 6
2018

Australian Dollar Jumps On Resounding GDP Growth Beat

AUSTRALIAN GDP TALKING POINTS: Australian GDP grew by 1% in the first quarter, ahead of market forecasts The economy seems to be performing pretty well across the board Still, interest rate rises remain quite far off, according to market pricing Join our analysts for live coverage of all major Australian economic data releases at the […]

June 6
2018

Ether vs Bitcoin Price Spread: Bullish Ascending Triangle?

Ether and Bitcoin Spread Trade – Ether has outperformed Bitcoin in the last week. – Ascending triangle formation hints at further upside for the pair. If you are new to trading cryptocurrencies, or are just looking to refresh your trading knowledge, please see the DailyFX ‘Guide to Day Trading Bitcoin and other Cryptocurrencies’. ETH vs […]

June 6
2018

Asia AM Digest: EUR Impedes USD Rally, AUD May Fall on GDP Miss

Current Developments – Euro Rises and Impedes US Dollar Rally The US Dollar was unable to capitalize in the aftermath of a better-than-expected ISM service sector survey. This reading offers an insight into the key segment of the US economy, consumption, and can carry longer-term implications for growth. More positive outcomes can lead to higher […]

June 5
2018

Asian Shares Trim Prior Gains, AUD/USD At Pivotal Point Post RBA

Asian Stocks Talking Points: Asian stocks trim prior gains given a lack of catalysts to fuel a recovery in sentiment The RBA left rates unchanged at 1.50% as expected, offered slight Aussie weakness AUD/USD still remains at a pivotal point as it faces barriers for a lasting reversal Find out what retail traders’ Australian Dollar […]

June 5
2018

GBPUSD to Come Under Renewed Pressure on Brexit Concerns

GBP talking points: – The UK government’s Brexit White Paper may be delayed until after an EU Summit at the end of June. – With UK political worries rising again, this month’s mini rally in GBPUSD could well be reversed. Check out the IG Client Sentiment data to help you trade profitably. And for a […]

June 5
2018

EURUSD Chart: Ominous Death-Cross Portends Lower Prices

EURUSD News and Talking Points – EURUSD chart looks weak and the downtrend remains intact. – US Treasury yields edging back towards recent highs. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make more informed trading decisions. EURUSD Remains Weak with Further Losses Likely […]

June 5
2018

GBPUSD Cheers Hat-trick of PMI Surveys Signaling UK GDP Rebound

GBPUSD Analysis and News UK Services Rises to Best Level Since December, BoE rate hike expectations lifted PMI Surveys Indicate UK Q2 GDP at 0.3-0.4% UK PMIs Signal Rebound in UK Growth GBP rose to its best levels of the day against the USD to 1.3378 from 1.3332 following the latest UK Services PMI report, […]

June 5
2018

Gold Price Continues to Battle the Downtrend; G7 Ahead

Gold Price News and Analysis – Gold’s chart points to lower prices. – Retail investors remain heavily long of the precious metal – are they right? The DailyFX Q2 Gold Forecast is now available to help traders navigate the market. The latest IG Retail Sentiment Indicatorshows that traders are 81.2% net-long of the precious metal […]