Markets alert – Page 35

May 26
2018

Yuan May Benefit from Capital Inflows, Trade Talks and Chinese PMI

Fundamental Forecast for CNH: Bullish A surge of capital inflows driven by MSCI’s inclusion could continue around the effective day. A detailed trade deal may be reached in the 3rd round talks; long-term outlook remains uncertain. May PMI manufacturing gauges may improve and add evidence to a sustainable recovery. How to trade news? Learn with […]

May 26
2018

S&P, Dow, DAX & FTSE – A Cautionary Pause Begins to Show

Talking Points: Next week is big for the US markets after the Monday holiday . US Equity markets remain in a state of consolidation as we approach the June rate decision out of the FOMC. European and British markets, however, have both posed reversals that carry the potential for more. Are you looking for longer-term […]

May 26
2018

Crude Spills on Saudi’s Proposed Increase, Short-Term Top Likely

Fundamental Forecast for USOIL: Neutral Talking Points: The ONE Thing:Saudi turning on the spigots may lead to lower prices, but bullish environment remains. OPEC rhetoric is rightly center stage as oil traded notably weaker toward week’s end. Saudi Arabia’s oil minister, Ali-Falih, said he sees a ‘likely’ oil supply boost in H2 2018. Per BHI, […]

May 25
2018

Technical Analysis: Bitcoin, Ether, Ripple, Litecoin

News and Talking Points – Bitcoin, Ripple, Ether, Litecoin – Talk that the US Justice Department is investing illegal practices in the cryptocurrency market. – Charts continue to look negative and fresh 2018 lows beckon. Another bad week in the crypto-space with the market currently over $50 billion lower from its high print on Monday. […]

May 25
2018

GBPUSD Consolidating After Tepid Q1 UK Growth Confirmed

GBPUSD News and Talking Points – The UK economy barely expanded in the first quarter of 2018. – US dollar strength weighing on GBPUSD. The IG Client Sentiment Report shows that traders are just under 69% long GBPUSD – a bearish contrarian signal – although recent changes suggest GBPUSD may trend higher. Sterling Struggles as […]

May 25
2018

CHF Has Scope to Rise Amid Risk of Potential Short Squeeze

CHF Analysis and Talking Points CHF Finds Support on Dampened Risk Sentiment Extreme Bearish CHF Positioning Risks Possible Short Squeeze See our Q2 CHF forecast to learn what will drive the currency through the quarter. Safe-Haven Currencies Supported by Dampened Risk Sentiment Much like the Japanese Yen (JPY article here ), the Swiss Franc has […]

May 25
2018

Brent Crude: Prices Fall on Demand Moderation Talk

Oil Price News and Analysis – Demand for oil may be pared back next year. – OPEC and Russia discuss supply boost to offset producer disruptions. The new DailyFX Q2 Oil Forecast is now available to help traders navigate the market. Brent Crude Price Slips but Underpinned at Lower Levels The price of Brent crude […]

May 25
2018

US AM Digest: CAD Softer on Possible OPEC Oil Production Increase

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA -0.2%, Nasdaq 100 -0.01%, S&P 500 -0.3% Major Headlines Russian and Saudi Energy Ministers say possible production increases may be announced in June Spanish Opposition put forward vote of no-confidence […]

May 25
2018

Asia Stocks Slip As US Dumps N Korea Talks, Fed Speech Eyed

ASIAN STOCKS TALKING POINTS: Asian stocks were mostly lower Friday Risk aversion slipped on news that the US had backed off from talks with North Korea However the hermit kingdom said it was still open to a meeting What makes the best traders stand out from the rest? Check out the DailyFX deep, deep dive […]

May 25
2018

EURUSD Weakness Continues as Italian Yields Spell Danger

EURUSD News and Talking Points – Rising Italian bond yields highlight mounting government risk. – USD rally getting back on track after a period of consolidation. 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 Under Increasing Downside Pressure […]