Markets alert – Page 56

April 24
2018

Most Asian Stocks Bounce Back Despite Oil Gains, USD In Focus

Talking Points: Asian stocks were mostly higher A stronger Dollar helped the region’s plentiful exporters Oil prices remained elevated by recent standards New to trading? The DailyFX Beginners’ Guide was written for you Asia Pacific stock markets rose broadly Tuesday, despite a lukewarm Wall Street lead, with a stronger US Dollar apparently overcoming any growth […]

April 24
2018

Asia AM Digest: Australian Dollar Faces CPI Amidst Stronger USD

To get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – Alphabet Earnings, Poloz Speech Towards the end of Monday’s session, Google’s parent company Alphabet reported first quarter earnings after US market close. EPS and revenue ex-TAC beat estimates. Meanwhile, Bank of Governor Stephen Poloz testified to the Finance Committee. He […]

April 24
2018

Australian Dollar Weathers CPI Miss, Inflation Remains Below Target

Talking Points: Australian inflation remained stubbornly low in the first quarter It also remained a whisker below the RBA’s target band The Australian Dollar didn’t mind much, but has already been hit hard Discover the #1 mistake that traders make so that you never have to copy them The Australian Dollar wobbles sligthly on Tuesday […]

April 23
2018

Business Orders Soar Along With Price Pressures, But Employment Growth Fell Flat

Talking Points: – US Manufacturing Purchasing Managers’ Index rose to 54.8 from 54.2 previously – US Services PMI exhibited strength at 54.4 beating the expected 54.1 figure; manufacturing followed suit at 56.5 versus 55.2 expected – DXY rises above 90.80 – See the DailyFX Economic Calendar for upcoming economic data and for a schedule of […]

April 23
2018

Singapore Dollar and Indonesian Rupiah Face Renewed Fed Hike Bets

ASEAN Weekly Outlook Talking Points Renewed Fed rate hike bets put pressure on ASEAN bloc currencies like the Indonesian Rupiah The markets face this week’s US GDP report which has high expectations. Risk trends as well USD/SGD has made a push higher after a reversal warning sign, but it faces key resistance now Just getting […]

April 23
2018

Asian Stocks Wilt On Higher US Yields, AUD/USD Looks To CPI

Talking Points: Asian stocks were broadly lower Monday Only the ASX 200 managed gains and they were modest enough The US Dollar was supported by higher Treasury yields What’s the secret ingredient? Why do some traders stand out? Find out in the DailyFX deep, deep dive into The Traits of Successful Traders Asian stocks were […]

April 23
2018

Ether (ETH) Breakout Continues; Bitcoin’s Dominance Falls

Ethereum News and Talking Points – Fibonacci resistance nears but ETH boosted by 200-day moving average. – Bitcoin’s dominance falls back to 38%, the lowest level in one month. IG Client Sentimentshows retail are 92.8% net-long of Ethereum (ETH) but recent changes cloud the outlook. Download the data for free. We discuss a range of […]

April 23
2018

EURUSD Pressured as Eurozone PMI Stays in Lower Gear

EUR News and Talking Points EURUSD slipped after Manufacturing PMI fell to 14-month low. Recent soft economic data may suggest increasing downside risks to upcoming ECB meeting. See our Q2 EUR forecast to learn what will drive the currency through the quarter. Eurozone PMI Maintains Narrative of Euro-Area Growth Levelling Off Eurozone flash PMI readings […]

April 23
2018

UK and US GDP After ECB Policy Announcement | Webinar

Sterling News and Talking Points: Sterling has taken a leg lower as UK rate hike calls now look 50/50. GBPUSD under pressure as higher US bond yields support the greenback. ECB President Mario Draghi has a tricky policy announcement on Thursday. The DailyFX Q2 Trading Forecasts for GBP, USD and EUR are now available. What […]

April 23
2018

US AM Digest: DXY Gains Gather Pace as US 10yr Yield Closes in on 3%

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here USD: Gains in the USD-index have continued to gather pace as the US 10yr treasury yield looks to hit 3%, reaching a high of 2.996%. This had been led EURUSD and USDJPY, in which the latter […]