Markets alert – Page 30

June 5
2018

Risk Appetite Revives, But Only Modestly | Webinar

Market sentiment analysis and talking points: – Market confidence is improving as traders look to the global economy rather than trade wars. – However, so far, the move from safe havens into more risky assets has been relatively light. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices are now availabletodownload to […]

June 5
2018

US AM Digest: GBP Outperforms After PMI, Oil Slips as the US Pressure OPEC to Raise Production

US Market Snapshot via IG: DJIA 0.01%, Nasdaq 100 0.2%, S&P 500 0.01% Major Headlines RBA maintains interest rate at 1.5%, sticks to neutral stance US is said to have asked OPEC to raise oil production UK Services PMI reaches best level since December GBP: The Pound is the best performer in the G10 FX […]

June 5
2018

Asia AM Digest: Sentiment Up. AUD May Fall on Status Quo RBA

Current Developments – Sentiment Recovers, USD Last Minute Recovery Despite threats from China to call off trade deals with the US, sentiment rebounded on Monday as stocks rose. Investors appeared to have welcomed continued global economic growth prospects following the beat in last week’s US jobs report. However, most of the gains were realized via […]

June 4
2018

GBPUSD Price Action to be Impacted by Slew of BoE Speakers

GBPUSD Analysis and News BoE speakers in focus for near-term GBP direction August rate hike seen at a 34% chance See how retail traders are positioning in GBPUSD as well as other major FX pairs on an intraday basis using the DailyFX speculative positioning data on the sentiment page. BoE Speakers in Focus for GBP […]

June 4
2018

US AM Digest: AUD Sees Largest Rise Since August 2017; USD Underperforms

US Market Snapshot via IG: DJIA 0.55%, Nasdaq 100 0.3%, S&P 500 0.34% Major Headlines US-China end trade talks without deal AUD Rises on Strong Data; Focus on RBA Tonight UK Construction PMI Beats Expectations at 52.5 (Exp. 52) AUD: The Australian Dollar is the clear outperformer this morning (biggest one-day gain since August 2017), […]

June 4
2018

PHP, MYR & SGD Look to Sentiment, USD/IDR Falling – ASEAN Weekly

ASEAN Outlook Talking Points: Indonesian Rupiah put in a comeback versus the US Dollar as anticipated ASEAN bloc currencies like PHP, MYR and SGD look to risk trends ahead USD/IDR is making downside progress amidst Bank of Indonesia rate hikes Trade all the major global economic data live and interactive at the DailyFX Webinars. We’d […]

June 4
2018

Gold Price Remains Stuck in a Downtrend

Gold Price News and Analysis – Gold’s outlook remains negative as US yields inch higher. – Little in the way of technical or fundamental drivers. The new DailyFX Q2 Gold Forecast is now available to help traders navigate the market. The latest IG Retail Sentiment Indicatorshows that traders are 80.4% net-long of the precious metal […]

June 4
2018

Trade Wars and Italian Political Concerns Sees Eurozone Investor Confidence at October 2016 Lows

EUR Analysis and Talking Points Eurozone Sentix falls to the lowest level since October 2016 Investor morale deteriorates amid concerns over US trade policies and Italian politics. See our Q2 EUR forecast to learn what will drive the currency through the quarter. Trade Wars and Italian Politics Weigh on Investor Morale Eurozone Sentix Investor Confidence […]

June 4
2018

Asia AM Digest: G-7 Stressed Trade Tensions, Will Sentiment Fall?

Weekend Developments – China May Call off Trade Deals with US, G-7 Meeting Concludes News from Xinhua News Agency on Sunday that China may call off trade deals with the US if tariffs are imposed had an initial impact on currencies. As a reminder, last week the US moved ahead with roughly $50b in import […]

June 4
2018

Australian Dollar Steady On Retail Beat, RBA, GDP in Firm Focus

AUSTRALIAN RETAIL SALES, TALKING POINTS: Australian retail sales inched up past forecasts in April Corporate profits rose too However the Australian Dollar clearly has more pressing concerns Get live interactive coverage of all major Australian economic news, including Tuesday’s interest-rate decision, at the DailyFX Webinars The Australian Dollar showed muted reaction Monday to some quite […]