Markets alert – Page 31

June 4
2018

Asian Stocks Gain As US Jobs Blockbuster Puts Fed Hikes In Focus

ASIAN STOCKS TALKING POINTS: Asian stocks rose across the board The US Dollar was supported anew by good economic news from its homeland The Australian Dollar market looked to the Reserve Bank Find out what the #1 mistake that traders make is and how you can avoid it. Asian stocks rose on Monday, apparently reacting […]

June 3
2018

Trade is ’First and Foremost’ at G-7 Meetings Ahead of Summit

Talking Points: Trade talks overshadow discussion on harmonized growth and monetary policy Finance ministers continue to express concerns over recently imposed steel and aluminum tariffs This weekend’s meeting was the first for Federal Reserve Chair Jerome Powell at a G-7 summit Learn the number one mistake traders make when trading. Download our Traits of Successful […]

June 2
2018

Title: Crude Falls On Boost In U.S. Production, Anticipated OPEC Supply

Fundamental Forecast for : Neutral Crude Oil Price ForecastTalking Points The ONE Thing: Short-term pain may be in store, but long-term gain remains likely. The global economic drivers continue to show impressive economic growth and the US continues to show an economy that is growing above trend. While recent news of increased US and likely […]

June 1
2018

S&P 500, DAX & FTSE – Buyers Stepping In On Pullbacks, So Far

Talking Points: NFPs beat expectations on Friday, light calendar next week; S&P price action in limbo Light calendar ahead; response to DAX decline could be telling BoE BoE/TNS Inflation on Friday; FTSE being tested after failed breakout For the intermediate-term technical and fundamental outlook, check out the DailyFX Q2 Forecasts. S&P 500 On Friday, we […]

June 1
2018

Technical Chart Analysis – Bitcoin, Ether, Ripple, Litecoin

News and Talking Points – Bitcoin, Ripple, Ether, Litecoin – Prices ending the week higher in low turnover. – If chart support levels hold, further gains may be on the cards. To see how retail traders are currently positioned in cryptocurrencies and what it means for the market looking forward, download the IG Client Sentimentpage. […]

June 1
2018

US Dollar Edges Higher as May US Jobs Report Mostly Beats

Talking Points: – Headline jobs growth comes in at +223K, while the net two-month revision was +15K. – US wage growth increases to+2.7% y/y asthe unemployment rate dropped to 3.8%, a new cycle low. – The US Dollar turned higher following the data, with the DXY Index rising from 94.16 to as high as 94.34, […]

June 1
2018

GBPUSD Sees Limited Reaction as UK Manufacturing PMI Rebounds From 17-Month Low

GBPUSD Analysis and News UK Manufacturing PMI sees modest lift from 17-month lows, however underlying concerns remain. GBPUSD remains south of 1.33, GBP traders look for next week’s Construction and Services PMI Mild Uptick Masks Underlying Concerns UK Manufacturing PMI pointed to a limited pick up to 54.4 in May from 17-month lows of 53.9, […]

June 1
2018

EURUSD: Italian Risk Remains, NFPs Loom

EURUSD News and Talking Points – Italian risk lowered but not removed. – EURUSD may weaken further on a strong US non-farm payroll print. 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 Under Pressure Italian financial markets […]

June 1
2018

Asia AM Digest: Metal Tariffs Dwarf Italy News, Risk Trends Eyed

Current Market Developments – US Metal Tariffs Revive Trade War Fears, CAD Down The relief in sentiment from the markets on Wednesday did not last long as the Trump administration confirmed that the US will move on with imposing metal tariffs on the EU, Mexico and Canada. Not surprisingly, this development sent stocks lower on […]

June 1
2018

Asian Stocks Mixed, Narrow On Trade Woes, US Payrolls Up Next

ASIAN STOCKS TALKING POINTS: Asian stocks traded mixed Friday US trade policy is again under scrutiny as investors worry about a more protectionist White House Nonfarm payroll data are likely to dominate the remainder of Friday Find out what the #1 mistake that traders make is and how you can avoid it. Asian stocks were […]