Markets alert – Page 47

May 8
2018

Crude Oil Off its Highs Ahead of Trump Decision on Iran

Crude oil talking points: – The price of Brent crude oil has slipped back from its highs but remains above the $75/barrel mark. – Its underlying strength is based on concerns that if Trump pulls out of the nuclear deal with Iran it could disrupt oil supplies. Check out the IG Client Sentiment data to […]

May 8
2018

EURUSD Continues to Break Lower; US CPI Looms

EURUSD News and Talking Points – A lack of any data over the next couple of days leaves EURUSD at risk of moving lower. – Recent sentiment data highlights retail remains long of the pair. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make […]

May 8
2018

Bearish EURUSD Outlook as Correction Looks to Continue

EURUSD Analysis and Talking Points EURUSD selling looks set to continue amid the recovery in the USD, coupled with poor Eurozone data. Net longs head for the exit, posing downside risks for the Euro. See our Q2 EUR forecast to learn what will drive the currency through the quarter. USD Recovery and Poor EZ Data […]

May 8
2018

Mixed Messages From Market Sentiment Indicators as USD Strength Persists

Market sentiment talking points: – Indicators of market confidence are sending mixed signals, with AUD/JPY falling but Wall Street stable and the FTSE 100 strengthening. – That leaves traders free to concentrate on trending assets like the USD, EUR, GBP and oil. – In this webinar I took a look at market sentiment, confidence and […]

May 8
2018

US AM Digest: Oil Prices Retreat Ahead of President Trump’s Iran Nuclear Deal Announcement

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 -0.2%, S&P 500 -0.2% Major Headlines Chinese Trade Balance returns to a surplus in April Fed’s Powell says the market is reasonably well aligned with the Fed […]

May 8
2018

Gold Price Under Selling Pressure; Will Tech Support Hold?

Gold Price News and Analysis – Gold price falters just above the 200-day moving average. – Prices may get support if US President Trump plays hardball with Iran. The new DailyFX Q2 Gold Forecast is now available to help traders navigate the market. The latest IG Retail Sentiment Indicatorshows that traders are heavily long of […]

May 8
2018

Asian Stocks Mostly Higher, US Dollar Holds Up, Fed’s Powell Eyed

ASIAN STOCKS TALKING POINTS Asian stocks rose almost across the board Local data were mixed, with weak retail sales hitting the Australian Dollar The Fed and Iran remain on the day’s economic agenda Find out what the #1 mistake that traders make is so that you never have to join them! Asian stocks managed gains […]

May 8
2018

Ether (ETH) Price Stall; Rattled by Ongoing SEC Talk

Ethereum (ETH) News and Talking Points – Ether’s recovery from April 1 low continues – outperforms other crypto heavyweights. – Talk that the SEC may label ETH, and Ripple, a security is weighing on the token. IG Client Sentimentshow clients remain heavily long ETH but recent changes give a mixed view for traders going forward. […]

May 8
2018

Asia AM Digest: NZD Awaits CPI Expectations as Crude Oil Falls

To get the Asia AM Digest every day, SIGN UP HERE A Look Ahead – AU Retail Sales, NZ 2-Year Inflation Expectations During Tuesday’s Asia session, we will get Australian retail sales figures. Growth here is expected to slow which could undermine the Australian Dollar in the near-term. However, with the RBA patient on monetary […]

May 8
2018

Can AUD/USD Sustain Decline on Worse-Than-Expected Retail Sales?

Australian Dollar Talking Points: Australian Dollar declined on worse-than-expected local retail sales data Keep an eye out for Chinese trade data and Trump’s decision on Iran deal AUD/USD may turn higher as chart shows slowing momentum to downside Find out what the #1 mistake that traders make is and how you can fix it! The […]