CHINA TRADE DATA, AUSTRALIAN DOLLAR TALKING POINTS: China’s trade surplus ran ahead of expectations for last month Imports and exports both surged, despite rising trade tensions with the US The Australian Dollar seemed more focused on local matters Find out what the #1 mistake that traders make is and how you can fix it! An […]
Read moreTalking Points: The report revealed a seasonally adjusted annual increase of 3.6% Revolving credit, mainly credit cards, fell 3% marking the second consecutive drop Markets remain driven by geopolitical concerns but excess leverage remains a risk Learn the number one mistake traders make when trading. Download our Traits of Successful Traders Guide in the Beginner […]
Read moreEUR Analysis and Talking Points Eurozone Sentix falls to the lowest level since February 2017 Investor morale deteriorates amid concerns over US trade policies. See our Q2 EUR forecast to learn what will drive the currency through the quarter. Eurozone Sentix Investor Confidence fell for a 4th consecutive month to its lowest level since February […]
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 +0.4%, Nasdaq 100 +0.5%, S&P 500 +0.3% Major Headlines Oil prices surge to 4-year highs with WTI and Brent above $70 and $75/barrel respectively German Industrial Orders post surprise drop […]
Read moreTo sign up for the ASEAN weekly outlook and stay updated on coverage for currencies like the Malaysian Ringgit and Philippine Peso, click here ASEAN Outlook Talking Points: A week full of event risk may bring some volatile price action for ASEAN bloc currencies The Malaysian Ringgit awaits a general election, the Philippine Peso a […]
Read moreASIAN STOCKS TALKING POINTS: Most Asian markets managed gains Monday The Nikkei 225 was an exception but it only fell by a whisker The US Dollar was a little more wobbly after Friday’s mixed employment numbers Join our analysts for live coverage of all the major Asian market-moving data at the DailyFX Webinars Most Asian […]
Read moreTo get the Asia AM Digest every day, SIGN UP HERE A Look Ahead – The Oil Conundrum Crude oil prices may succumb to some volatile price action as the new week gets under way. Over the weekend, Iran came out against higher oil prices. Deputy Oil Minister Amir Hossein Zamaninia said that a “suitable […]
Read moreAUSTRALIAN DOLLAR, NAB BUSINESS CONFIDENCE TALKING POINTS: Australian businesses felt better in April The NAB barometer also showed assessments of business conditions on the rise The Australian Dollar ticked up but the market is focused on tomorrow’s Federal budget Find out what retail foreign exchange traders think of the Australian Dollar’s chances right now at […]
Read moreFundamental Forecast for CNH: Neutral The US and China still hold “big differences” in trade despite of the high-level meetings. China may have less incentive to support the Yuan while exports and trade balance worsen. Warmer China-Japan relations may ease investors’ concerns in holding Yuan assets. How to trade news? Learn with DailyFX Free Trading […]
Read moreFundamental Forecast for USOIL: Bullish Talking Points: The ONE Thing: Bets are rising that Trump will exit the Iran Accord on May 12 after Israeli PM Netanyahu called Iran liars, only to have Iran call Trump a bully. It seems like Trumps style is catching on. The popular move is to talk about how much […]
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