Markets alert – Page 59

April 18
2018

Bitcoin Chart Analysis: Bulls to Return as Prices Edge Higher

Bitcoin News and Talking Points – Support level sets up token for further gains. – A break and close above $9,400 may encourage more buyers back into the space. IG Client Sentimentshows retail are 71.6% long Bitcoin, but recent positional changes may herald higher prices. Bitcoin (BTC) Likely to Move Higher in The Short-Term After […]

April 18
2018

Asia AM Digest: CHF Falls, JPY Not So Much. Japan Trade Data Due

To get the Asia AM Digest every day, SIGN UP HERE The anti-risk Swiss Franc was overall the worst performing major on Tuesday as sentiment improved. It fell as the S&P 500 and Nikkei 225 rose during the second half of the day. Meanwhile, the higher-yielding US Dollar outperformed while similar-yielding Australian and New Zealand […]

April 18
2018

Singapore Dollar Likes Japan Trade Data More Than Yen for Now

Talking Points: Japanese Yen fails to hold on to gains on largest trade balance surplus since Feb. 2017 It fell soon after when the Nikkei 225 rose at Tokyo open, more focused on risk trends Singapore Dollar liked the news more, but USD/SGD could be at risk of rising soon Find out what the #1 […]

April 17
2018

Asian Markets Mixed After China GDP, UK Data In GBP Sights

Talking Points: Asian stocks put in a narrow, mixed session Chinese growth data met expectations, and retail sales exceeded them Industrial production however underwhelmed Find out what makes the best traders stand out from the rest with the DailyFX guide to the Traits of Successful Traders Asian markets put in a mixed showing Tuesday, with […]

April 17
2018

GBPUSD Slips Despite Record Employment Figures

Talking Points GBPUSD slipped after Claimant Count rose above economist forecasts Employment Rate rises to record level while wages outstrip inflation Today’s UK Employment report has slightly taken the shine out of GBPUSD, which saw a modest dip to the mid-1.4300, while the FTSE 100 saw a slight reprieve to move above 7200. The Claimant […]

April 17
2018

EURGBP Nudges Higher; Ignores Weak EZ Sentiment Data

EURGBP News and Talking Points – EURGBP pulls back marginally after hitting an eleven-month low. – UK and EZ inflation data will be closely eyed on Wednesday. The DailyFX Q2 Trading Forecasts for all major currencies,commodities and indices, are now availableto download to help you make more informed trading decisions. EURGBP Bounces Off Low But […]

April 17
2018

US AM Digest: GBP Falls as Wages Miss Expectations; Momentum Remains Bullish

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here Improving sentiment as tensions ease with focus beginning to shift towards the latest corporate financial updates, see US equity futures pointing to another positive open (NASDAQ 100 +1%, DJIA +0.9%, S&P 500 +0.6%). Banking heavyweight Goldman […]

April 17
2018

TIC Data Shows Chinese Appetite for US Assets Rose Before Tariffs

Talking Points: Chinese holdings of US treasuries increased in February by the most in six months Japanese holdings of US treasuries declined, falling to $1.06 Trillion The overall drop in TIC flows creates some downward pressure for the Dollar Learn the number one mistake traders make when trading. Download our Traits of Successful Traders Guide […]

April 17
2018

Asia AM Digest: Trump Sinks USD, Singapore Dollar Faces China GDP

To get the Asia AM Digest every day, SIGN UP HERE Monday was a day of overall US Dollar weakness as US President Donald Trump accused China and Russia of devaluing their currencies. The attack came at a time when the two largest economies are trying to compromise on tariff negotiations. Things were looking good […]

April 17
2018

Australian Dollar May Recover Losses on Chinese First Quarter GDP

Talking Points: Aussie Dollar declines on in-line Chinese GDP, softer industrial production The RBA seems unlikely to act on the data, it’s in no rush to raise rates as is AUD/USD has pushed above a bullish reversal pattern, it may keep climbing Trade all the major global economic data live and interactive at the DailyFX […]