Markets alert – Page 44

May 12
2018

S&P 500, DAX & FTSE – Rally More, or Due for a Test of Strength?

Talking Points: Light economic calendar next week; S&P trying to put thoughts of a top to rest German & Eurozone GDP, ZEW figures due out; can the rally last? BoE held on rates, FTSE rallied; record highs lie ahead For the intermediate-term technical and fundamental outlook, check out the DailyFX Q2 Forecasts. S&P 500 Next […]

May 12
2018

US Consumer Confidence Fends Off Expected Further Retreat From Record High

Talking Points: The sentiment report beat expectations of 98.3, reading 98.8 for the second consecutive month The measure hit its highest level in 14 years in March, reading 101.4 Survey respondents overwhelmingly confident of future interest rate hikes by the Federal Reserve Learn the number one mistake traders make when trading. Download our Traits of […]

May 11
2018

Cryptocurrency Market’s Heavy Losses; Ripple (XRP) Price Slump

Cryptocurrency & Ripple News and Talking Points – Cryptocurrency market a sea of red as sellers take control. – Ripple slides through support with ease. Cryptocurrency Market Hit by a Wave of Selling A warning that future sales to the cryptocurrency mining community from GPU giant Nvidia has seemingly sparked a heavy sell-off in the […]

May 11
2018

AUDNZD to Find Support From Diverging RBA and RBNZ Stance

AUD & NZD Analysis and News RBNZ Sees lower for longer interest rates, RBA remains adamant of a hike AUDNZD primed for further lift amid diverging monetary policy See how retail traders are positioning in AUD and NZD as well as other major FX pairs on an intraday basis using the DailyFX speculative positioning data […]

May 11
2018

Asian Stocks Mostly Gain After US Inflation Miss, ECB Draghi Eyed

ASIAN STOCKS TALKING POINTS: Most Asian stocks rose Friday on a day short of local economic cues Weaker US inflation seems to have reassured investors that the pace of rate hikes won’t accelerate The US Dollar edged back from its recent highs What’s the #1 mistake that all traders make? Most Asian stock markets traded […]

May 11
2018

EURUSD Remains Fragile as Italian Risk Continues to Rise

EURUSD News and Talking Points – A Five Star Movement/Northern League tie-up will ring alarm bells in Brussels. – USD pauses before the next move higher. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now available to download to help you make more informed trading decisions. EURUSD Likely to Come […]

May 11
2018

Asia AM Digest: PHP, SGD Await HK GDP. USD Uptrend Holds Post CPI

Current Market Developments – US Dollar Still in Uptrend Post CPI After the US Dollar accelerated its decline as local core inflation missed expectations, it rose as sentiment picked up. The S&P 500 rallied and finished the day 0.94% higher, probably due to the CPI miss reducing the potential for tightening credit conditions. However, the […]

May 11
2018

Philippine Peso Dropped on Dovish BSP Hike, Eyes Hong Kong GDP

Philippine Peso Talking Points: Philippine Peso declined despite a rate hike from the country’s central bank The BSP hinted that their move may have been a one-off adjustment for now USD/PHP could be volatile on the upcoming Hong Kong Q1 GDP release Trade all the major global economic data live and interactive at the DailyFX […]

May 10
2018

Italian Stocks Fall, Bond Yields Rise as Political Worries Increase

Italy talking points: – In Italy, the anti-establishment 5-Star movement and the anti-immigrant League now seem likely to form the next government. – That has sent 10-year Italian government bond yields to their highest for seven weeks and knocked Italian stock prices lower. Check out the IG Client Sentiment data to help you trade profitably. […]

May 10
2018

GBPUSD Weaker After Bank of England Neutral Hold

GBPUSD Analysis and News GBP falls following the Bank of England’s 7-2 neutral hold; Inflation and GDP forecasts lowered Market Pricing for an August Rate Hike Falls to 42% from 62% prior to announcement For a more in-depth analysis on Sterling, check out the Q2 Forecast for GBP/USD GBP Bulls Left Disappointed GBP Bulls left […]