Talking Points: NATO Secretary General Stoltenberg agreed uneven spending exists within the alliance US President Donald Trump informally proposed members spend 4% of GDP up from 2% Currently, only 5 of 29 members meet the 2% GDP guideline President Trump questioned energy imports from Russia by NATO members Gain insight on market moving events from […]
Read moreUS-China trade war headlines: The US has threatened 10% tariffs on $200 billion of Chinese imports; China has warned it will respond. That has led to a flow of funds into safe havens from risky assets. However, the movement has been modest, implying that trader confidence remains relatively buoyant and that the downside for ‘risk […]
Read moreGold Price News and Analysis Gold respecting support for now as political risk returns. Renewed US dollar strength may weigh on any rally. The DailyFX Q3 Gold Forecast is now available to help traders navigate the market. The latest IG Retail Sentiment Indicatorshows that traders are 88.5% net-long of the precious metal but recent changes […]
Read moreAUD Analysis and News AustralianDollar sells off after the Trump administration announces $200bln worth of tariffs AUDbears look to make a move towards the 2018 Our trading forecasts for Q3 have just been published; you can find them here. President Trump Fires Another Round of Tariffs Overnight, the Trump administration stated that they will impose […]
Read moreGBPUSD price, news and analysis: A speech by Bank of England Governor Mark Carney today will likely determine the near-term direction of GBPUSD. He is due to talk at 1535 GMT in Cambridge, Massachusetts and markets will be listening out for hints on whether UK interest rates will be increased next month. Our trading forecasts […]
Read moreUS Market Snapshot via IG: DJIA 0.8 %, Nasdaq 100 0.8%, S&P 500 0.7% Major Headlines US President Donald Trump announced new tariffs on $200 billion worth of Chinese goods ECB divided on timing of first rate hike – sources US PPI rises at the fastest pace in since 2011 For a more in-depth analysis […]
Read moreBitcoin, Ripple, Ether, Litecoin Price Analysis The cryptocurrency market needs some fundamental drivers to push prices higher. Ripple (XRP) remains a binary SEC play and movement either way likely to be volatile. Low volumes but Tether (USDT) pair trading noticeable. IG Client Sentimentshows how retail clients are currently positioned in a wide range of cryptocurrencies […]
Read moreASIAN STOCKS TALKING POINTS: Asian stocks fell across the board News that the US was mulling further sanctions on Chinese imports set the gloomy tone The US Dollar was mixed, falling aginast the Yen but rising against the Aussie The DailyFX Third-Quarter Fundamental and Technical Forecasts are out now, Trade worries returned to the foreground […]
Read moreUS-China Trade War – Market News and Technical Analysis US-China trade war escalates further. Safe haven assets unchanged for now. President Trump expected to rattle EU over NATO spending commitments. The DailyFX Q3 Forecasts have just been released and cover all the major asset classes. USDJPY and Gold Not Reflecting Political Upheavals The US-China trade […]
Read moreWe just released our 3Q forecasts for currencies like the anti-risk Japanese Yen in the DailyFX Trading Guides page Current Market Developments – Lull in Trade War Updates Ends as S&P 500 Futures Tumble It was another solid day in global stock markets as indexes generally rose in Europe and in the US on Tuesday […]
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