Asian Stocks Talking Points: Asian stocks were mixed Thursday with Japanese shares higher and Chinese ones lower On the FX side of things, the US Dollar continued declining at the expense of other ones Risk trends may continue driving markets. IDR awaits a possible Bank of Indonesia hike Not sure how these developments impacted the […]
Read moreGlobal trade has been increasingly vilified over the past five years from the global leaders to the distant emerging markets. This criticism comes with many unflattering labels: from isolationism to protectionism to nationalism. All are either direct result or inevitable consequence of the same preoccupying belief that trade is in some way undermining the health […]
Read moreA Look Ahead – Can Australia Jobs Report Offer Lasting AUD Response? The Australian Dollar will look to April’s local jobs report during Thursday’s Asia trading session. However, follow through potential could be lacking if the data does not significantly alter RBA monetary policy expectations. This could be the case given that the central bank […]
Read moreEUR talking points: – So far, Euro traders have paid little attention to Italian politics. However, looking ahead, a modest risk premium will likely have to be priced in. – Italian government bonds and Italian stocks will also likely suffer. Check out the IG Client Sentiment data to help you trade profitably. And for a […]
Read moreJPY Analysis and Talking Points The Japanese Yen is likely to find support from rising political tensions EURJPY attractive on the downside as YTD lows come into focus See our Q2 JPY forecast to learn what will drive the currency through the quarter. Geopolitical Risks Keep JPY Elevated Whether its trade wars between China and […]
Read moreCryptocurrency News and Talking Points – Little heavyweight news to drive any of the tokens. – Trading ranges may be being formed. IG Client Sentimentshows how clients are currently positioned in a wide range of cryptocurrencies and how positioning has changed over the last week. Cryptocurrency Market Heads South – is Support Close? It seems […]
Read moreReceive 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 (unch), S&P 500 -0.1% Major Headlines Italian Assets underperform over Italian political concerns Geopolitical tensions rise as North Korea abruptly cancels South Korean summit EUR: Investors have […]
Read moreAustralian Dollar FX Options Talking Points: Australian Dollar is priced in for some volatile price action in the days ahead Options-derived support may catch AUD/USD if it falls on a local jobs report Ebbing downside momentum on the other hand signals that prices may rise Just started trading AUD/USD? Check out our beginners’ FX markets […]
Read moreASIAN STOCKS TALKING POINTS: Asian stocks were mostly lower Tuesday afternoon Japanese GDP data registered a shock contraction The US Dollar continues to gain Find out what retail foreign exchange traders make of the currencies you like, and those you loathe, at the DailyFX Sentiment Page Asian stock markets were mostly lower Wednesday afternoon as […]
Read moreEURUSD Talking Points – US Treasury yields remain near multi-year highs. – Growing Italian political fears will continue to weigh on the Euro. Check out our new Trading Guides: they’re free and have been updated for the second quarter of 2018. IG Client Sentiment data show 55.4% of traders are net-long EURUSD with the ratio […]
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