Markets alert – Page 40

May 18
2018

Muted EURUSD Response to Larger Trade Surplus

EUR Analysis and Talking Points Muted reaction in the Euro after a wider than previous surplus. Falling imports and exports suggest trade tensions are holding back global activity. See our Q2 EUR forecast to learn what will drive the currency through the quarter. Trade Tensions Holding Back Global Trade The Euro and the Dax saw […]

May 18
2018

US AM Digest: CAD Underperforms After Inflation Slows

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA (unch), Nasdaq 100 -0.4%, S&P 500 -0.1% Major Headlines Canadian Inflation slows to 2.2% vs. Expected of 2.3% Five Star and League agree on government programme China denies reports over […]

May 18
2018

Asia AM Digest: CAD Down, Yen Awaits CPI and Stocks May Rise

A Look Ahead – Japanese Yen Faces Potential Local CPI Miss The Bank of Japan removed any precise mention in regards to the timing for reaching two percent inflation in its most recent monetary policy announcement. This comes ahead of April’s Japanese CPI report which is due early into Friday’s Asia trading session. On the […]

May 18
2018

Kuroda May Not Like CPI Miss More Than Yen, JPY Eyes Risk Trends

USD/JPY CPI Data Talking Points: The Japanese Yen was cautiously weaker on a local inflation miss in April Persistent disinflation may irk BoJ’s Governor Kuroda, look for his reaction USD/JPY remains in ascending channel and could test a trend line from 2015 Find out what the #1 mistake that traders make is and how you […]

May 18
2018

Asian Stocks Mixed, Narrow With China/US Trade Talks In Focus

ASIAN STOCKS TALKING POINTS: Most Asian stocks were broadly higher, if not by very much Investors have reduced expectations of trade talks between China and the US The US Dollar remains in the ascendant, weak inflation weighed on the Japanese Yen What’s the #1 mistake that all traders make? Asian stocks were mixed on Friday […]

May 17
2018

GBPUSD Is Not Yet Ready To Rally

GBP talking points: – First it was reported that the UK is ready to stay in the EU customs union beyond 2021. – Then UK Prime Minister Theresa May denied the report. – The lack of response in GBPUSD suggests that a move higher to recover a substantial percentage of the past month’s losses is […]

May 17
2018

Oil Price Forecast Remains Bullish as Saudi Arabia Hits $80 Price Target

Oil Price Analysis and News Brent crude futures hit Saudi Arabia’s $80 target. Rising geopolitical tensions to keep oil prices elevated CADJPY offers upside value, EURNOK selling attractive For a more in-depth analysis on Oil Prices, check out the Q2 Forecast for Oil Saudi Arabia Hits $80 Price Target A month on from when the […]

May 17
2018

Trade War: No Respite for EURUSD as US-China Trade Talks Resume

Trade talking points: – The potential for a trade war continues to be a major influence on the FX markets as US-China trade talks resume in Washington. – So far, that has done little to help EURUSD, which could well extend its recent losses. Check out the IG Client Sentiment data to help you trade […]

May 17
2018

US AM Digest: Oil Prices Rise to $80 for the First Time Since 2014

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA -0.1%, Nasdaq 100 -0.4%, S&P 500 -0.2% Major Headlines Brent Oil hits $80 for the first time since November 2014 UK press reports that UK is considering remaining in Custom […]

May 17
2018

Australian Dollar Still Stuck Despite Strong Employment Data

Australian Dollar, Labour Market Data, Talking Points Australian employment levels overall beat forecasts for April Full-time positions grew strongly while part-time ones shrank Still, Aussie rates aren’t forecast to move for many months yet Find out what retail foreign exchange traders make of the Australian Dollar’s prospects right now at the DailyFX Sentiment Page The […]