Markets alert – Page 38

May 23
2018

Asia AM Digest: CHF Outpaced JPY, AUD May Fall on RBA Lowe Speech

Current Market Developments – Sentiment Declines, CHF Stands Tall News that China plans to cut import tariffs on autos to 15% from 25%, which briefly improved sentiment earlier today, failed to offer a lasting response as Wall Street finished the day in the red. Indeed, the S&P 500 and Dow Jones declined 0.31% and 0.72% […]

May 22
2018

EURUSD Looks Oversold But Further Falls Lie Ahead

EURUSD News and Talking Points – Italian bond yields highlight real EUR risk. – USD pauses before the next move higher. 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 Pauses for Breath Ahead of Further Falls. A combination […]

May 22
2018

GBP Nudges Higher as BOE Policy MakersTestify

GBP Moving Higher From Depressed Levels Four senior members of the Bank of England’s monetary policy committee are discussing the last UK Inflation Report in Parliament and GBP has picked up a touch on early commentary. Early talk from Gertjan Vlieghe pushed GBP when the economist said that UK interest rates are likely to rise […]

May 22
2018

USDJPY Bulls in Driving Seat Amid Reduced Trade War Concerns

USDJPY Analysis and Talking Points USDJPY supported from easing trade war concerns Falling trendline resistance from the 2015,2016 and 2017 highs may cap gains See our Q2 JPY forecast to learn what will drive the oil prices through the quarter. Impact of Trade Wars click here Easing Trade War Concerns Support USDJPY Yesterday, trade talks […]

May 22
2018

Market Sentiment Data: Bearish Signals for GBP, Gold and Bitcoin

Market sentiment talking points: – The dominant themes in the markets at present are a strong US Dollar and a buoyant oil price. – However, both CAD and AUD are holding their ground as EUR and GBP suffer. – In this webinar, DailyFX Analyst and Editor Martin Essex looked at market sentiment, confidence and positioning […]

May 22
2018

US AM Digest: GBP Rises on Hawkish Vlieghe, EUR Dips as MS5/League Seek EU Critic as Economy Minister

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 +0.4%, S&P 500 +0.2% Major Headlines China slashes import tariffs on autos BoE’s Vlieghe sees 1 or 2 rate hikes per year as appropriate Italy’s 5 Star […]

May 22
2018

Asian Stocks Decline, ASX 200 May Fall More. GBP Awaits BOE Speak

Asian Stocks Talking Points: Asian stocks were mostly down as the markets focused on tightening global credit conditions The anti-risk Japanese Yen appreciated as BoJ’s Governor Kuroda appeared in parliament ASX 200 might be putting in a reversal of a prior uptrend after several warning signs passed Not sure how these developments impacted the markets? […]

May 22
2018

USD Rebound Likely After Two Days of Falls, US-China Trade War in Focus

USD talking points: – Optimism that the US and China have reached at least a temporary ceasefire in their trade war should boost USD. – Higher oil prices will likely lift US inflation and keep the chances high of several more US interest rate increases this year. Check out the IG Client Sentiment data to […]

May 22
2018

Asia AM Digest: JPY, AUD Await Risk Trends as USD Reverses Gains

Current Market Developments – USD Reverses Prior Gains The US Dollar was initially on its way to close at a new high this year until it put in a reversal towards the second half of the day. Perhaps some profit taking weighed on the currency given a lack of crucial economic event risk. The greenback […]

May 21
2018

US National Activity Index Shows Growth with Tailwinds from Trade Ahead

Talking Points: Fifty of the eighty-five economic indicators made positive contributions in April Production related indicators contributed with a bump to 0.27 for the index, up from 0.19 The seemingly resolved US-China trade war has dominated headlines and market action Learn the number one mistake traders make when trading. Download our Traits of Successful Traders […]