Markets alert – Page 51

May 2
2018

Trade the News: Weak Euro-Zone GDP to Keep EUR Under Pressure

EURUSD talking points: – Euro-Zone GDP data are not usually a major market mover but the numbers are expected to be weak and that would do nothing to arrest the decline in EURUSD. – Perhaps the greatest risk is of a sharper than forecast slowdown that would accelerate the pair’s downtrend. Check out the IG […]

May 2
2018

Asia AM Digest: NZD Faces Jobs Report, AUD Looks to Caixin PMI

To get the Asia AM Digest every day, SIGN UP HERE A Look Ahead – NZ Jobs and Caixin Manufacturing PMI New Zealand’s first quarter jobs report will cross the wires early into Wednesday’s Asian trading session. The unemployment rate is expected to tick down to 4.4% from 4.5%. Meanwhile, average hour earnings are also […]

May 2
2018

NZ Dollar at the Mercy of the Fed After Jobs Data Rally Fizzles

TALKING POINTS – NEW ZEALAND DOLLAR, UNEMPLOYMENT, RBNZ New Zealand Dollar briefly surges as Q1 data shows sharp wages increase Gains unable to hold as markets digest participation drop, slower job growth Spotlight on the FOMC rate decision as the RBNZ continues to be sidelined Join a DailyFX webinar to track the impact of key […]

May 2
2018

Japanese Yen Steady On Service PMI, Market Looks Forward To Fed

JAPANESE YEN TALKING POINTS: Japan’s service sector PMI gained pace in April The economy remains in robust recovery mode However monetary policy remains stuck and extremely accommodative Find out what the #1 mistake that traders make is and how you can fix it! The Japanese Yen was steady against the US Dolllar Wednesday following the […]

May 2
2018

Aussie Dollar May Fall Post Rise on Caixin Manufacturing PMI Beat

Australian Dollar Talking Points: Australian Dollar appreciates on April’s Caixin Manufacturing PMI beat Upcoming FOMC monetary policy announcement could take those back AUD/USD fell below a channel and key support, are more losses ahead? Find out what retail traders’ Australian Dollar buy and sell decisions say about the coming price trend! The Australian Dollar showed […]

May 1
2018

Market Sentiment: Positive Towards USD, Negative For GBP

Market sentiment talking points: – The dominant theme in the markets at present is the weakness of EURUSD as the Dollar benefits from high yields while the Euro suffers from poor economic data. – Another important theme is the continuing weakness of the British Pound. – In this webinar I looked at the factors affecting […]

May 1
2018

US AM Digest: DXY Surges Before Fed Meeting; GBP Underperforms on Manufacturing PMI Miss

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA -0.3%, Nasdaq 100 -0.2%, S&P 500 -0.15% Major Headlines RBA left the cash rate unchanged at 1.50% and reiterated a steady policy US President Trump extended tariff relief for EU […]

May 1
2018

ISM Manufacturing Tanks to 9-Month Low, Yet DXY Climbs Higher

ISM Manufacturing Talking Points: – ISM manufacturing composite missed estimates at 57.3% vs 58.5% expected – Supply chains remain strained despite robust demand – DXY climbed to the highest level since January ignoring today’s bearish ISM report – See the DailyFX Economic Calendar for upcoming economic data and for a schedule of live coverage see […]

May 1
2018

Brent Crude Oil Struggles to Breach $75 Mark

Crude oil talking points: – Oil prices are firm in the wake of the Israeli prime minister’s claim that he has proof of a secret Iranian nuclear program. – However, Brent crude – the global benchmark – is struggling to break through the $75/barrel level. Check out the IG Client Sentiment data to help you […]

May 1
2018

GBPUSD Falls to 4-Month Low After Weak UK Manufacturing PMI

GBPUSD Analysis and News UK Manufacturing PMI falls to a 17-month low. GBPUSD breaks below 1.3700 for the first time since January. Underlying Weak UK Growth Reduces Rate Hike Expectations UK Manufacturing PMI fell to a 17-month low in April at 53.9, dropping below expectations of 54.8, while the previous month had been revised lower […]