Markets alert – Page 46

May 9
2018

Crude Oil Prices Hit Resistance, Next Move May Be Lower

Crude oil talking points: – Both Brent and US crude oil prices have hit trendline resistance after Trump’s decision to pull out of the nuclear deal with Iran. – Now, they look likely to slip back. Check out the IG Client Sentiment data to help you trade profitably. And for a longer-term outlook take a […]

May 9
2018

USD Rally Continues As US Bond Yields Rise Unabated

USD Analysis and Talking Points – US Treasury yields point to further USD strength. – Any slip back in USD strength should be temporary. Check out our new Trading Guides: they’re free and have been updated for the second quarter of 2018. IG Client Sentiment data show traders are long of EUR and GBP against […]

May 9
2018

Bullish CAD Outlook Over Long Term Amid Rising Oil Prices; However, NAFTA Presents Biggest Risk

CAD Analysis and Talking Points CAD Bulls likely to cheer rising oil prices, which trade at 4yr highs. Strong Canadian Data Supports BoC rate hikes, however, NAFTA will ultimately decide whether the BoC hikes See our Q2 CAD forecast to learn what will drive the currency through the quarter. Rising Oil Prices Provides Support for […]

May 9
2018

EUR, GBP and Gold All Punished by Strong USD

USD talking points: – The Dollar continues to show all-round strength as high US inflation makes further US interest rate rises this year ever more likely. – That’s weakening many other currencies, as well as gold. Check out the IG Client Sentiment data to help you trade profitably. And for a longer-term outlook take a […]

May 9
2018

Cryptocurrency Price Analysis – Ether and Ripple on Edge | Webinar

The IG Client Sentiment Indicator is an essential trader’s tool for keeping in touch with market positioning and changes. Ether (ETH) and Ripple (XRP) on Guard Ahead of SEC Developments The cryptocurrency market is currently building a trading range, with a slight upside bias, testing and breaking resistance levels along the way. Volatility and volume […]

May 9
2018

US AM Digest: Oil Price surges after President Trump withdraws from Iran Nuclear Deal

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA +0.35%, Nasdaq 100 +0.24%, S&P 500 +0.3% Major Headlines Oil prices surge higher by over 2% following Trump’s decision to exit Iran Nuclear Deal UK BRC sales sees sharpest drop […]

May 9
2018

NZD/USD May Rise to Options-Derived Resistance on RBNZ

New Zealand Dollar Talking Points: New Zealand Dollar is priced in for some intense price action over the coming days The currency may rise on the RBNZ rate decision before falling on April’s US CPI NZD/USD downside momentum is slowing warning that prices may turn higher next Just started trading NZD/USD? Check out our beginners’ […]

May 9
2018

Asian Stocks Mixed As Investors Mull US Iran Deal Pullout

ASIAN STOCKS TALKING POINTS: Asian Stocks put in a mixed performance The US decision to pull out of a nuclear deal with Iran was front and centre Japanese wages showed some vigor at last Find out what the #1 mistake that traders make is and how you can fix it! Most Asian stock markets were […]

May 9
2018

Ripple (XRP) Chart Breakdown Points to Further Losses

Ripple (XRP) News and Talking Points – Chart support looks weak, highlighting market fragility. – Will the SEC decide that XRP is a non-compliant security. IG Client Sentimentshows that traders are overwhelmingly long of Ripple. Download our free guide to see current client positioning and recent changes and what this means for traders. Ripple Looks […]

May 9
2018

Asia AM Digest: Oil Swings on US Iran Deal Exit, MYR Eyes Election

To get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – Crude Oil Prices Swing on US Exit from Iran Accord Crude oil prices at one point on Tuesday declined about 3 percent as a report from CNN crossed the wires that US President Donald Trump was to announce that he […]