Markets alert – Page 32

May 31
2018

EURUSD Unfazed by Rising Inflation Amid Uncertainty Over Italian and Spanish Politics

Euro Analysis and Talking Points EURUSD saw a muted reaction following the release of the better than expected Eurozone CPI report. Focus remains on Italian and Spanish Politics For a more in-depth analysis on the EUR, check out the Q2 Forecast for EUR Eurozone Inflation boosted by higher energy prices Euro-Area consumer price inflation rose […]

May 31
2018

Further EURUSD Losses Likely to be Limited as Political Concerns Fade

EURUSD analysis and talking points: – EURUSD has been hit hard by political turmoil in Italy and Spain, as well as possible US tariffs on EU steel and aluminum. – However, after the initial adjustment lower, a period of relative stability is likely as markets tend to settle after an initial strong move downwards. Check […]

May 31
2018

USD Gains Moderate as Rate Expectations Decline, Eyes on PCE and NFP

USD Analysis and Talking Points USD Slips as the Prospect of 4 2018 Rate Hikes Decline US Data Remains Key for Monetary Policy Outlook, While Concerns Rise Over Trade Wars For a more in-depth analysis on the USD, check out the Q2 Forecast for USD USD Slips as the Prospect of 4 2018 Rate Hikes […]

May 31
2018

US AM Digest: CAD Gains Fade on Soft GDP, Trade Concerns Rise as US Look to Impose Tariffs

US Market Snapshot via IG: DJIA 0.03%, Nasdaq 100 0.17%, S&P 500 0.05% Major Headlines Eurozone Inflation surges to 1.9% (Exp. 1.6%) on higher energy prices US PCE Holds at FOMC’s 2% target US Set to Impose Tariffs on EU, Canada and Mexico EUR: Another morning of Euro buying as Italy’s League and 5 Star […]

May 31
2018

Gold Price Grapples with Down Trend; Eyes US Jobs, Wages Data

Gold Price News and Analysis – Gold stuck on the down trend as political jitters calm. – Friday’s US data calendar, including non-farm payrolls, may spark a move. The new DailyFX Q2 Gold Forecast is now available to help traders navigate the market. The latest IG Retail Sentiment Indicatorshows that traders are 79.4% net-long of […]

May 31
2018

US Dollar Stable as Trump Administration Greenlights Tariffs

Talking Points: – The Trump administration has decided that trade negotiations have proven fruitless and will go ahead with imposing tariffs on imported aluminum and steel from Canada, Mexico, and the EU. – The imposition of tariffs will begin June 1; NAFTA negotiations are ongoing and exemptions for key trade partners could still be made […]

May 31
2018

Asian Stocks Gain On Italian Political Hopes, Trade Worries Linger

ASIAN STOCKS TALKING POINTS: Asian stocks made broad gains Thursday Worries about political turmoil in Italy abated a little but remain front and centre The Euro got a little respite too Have you ever felt you’d like to know more about Bitcoin? The free DailyFX guide is for you. Asian stocks made broad gains Thursday, […]

May 31
2018

EURUSD Chart Highlights Upcoming Cluster of Resistance

EURUSD News and Talking Points – Euro-Zone inflation is likely to beat expectations due to higher oil prices. – EURUSD mini-rally may be impeded by chart resistance. 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 Nears Resistance, Heavyweight […]

May 31
2018

Asia AM Digest: Stocks, CAD Up and Italy Fears Abate. Yen at Risk

Current Market Developments – Italy Fears Abate, BOC Readying for a Hike as CAD Soars After a very rocky start these to these past few days, the markets finally took a breather as Italian political fears ebbed and sentiment rebounded. On Wednesday, the populist Five Star Movement called for the Eurosceptic Savona (their candidate for […]

May 31
2018

Aussie Dollar May Have More Room to Fall Post China PMI, AU Capex

Market Alert: AUD/USD, China Manufacturing PMI, Australia Capex Data The Australian Dollar was falling in morning Asia trade as sentiment soured Chinese Manufacturing PMI and local Capex data added fuel to its descent AUD/USD is showing signs that it may turn lower, negative RSI divergence Find out what retail traders Australian Dollar buy and sell […]