Markets alert – Page 61

April 14
2018

S&P 500, DAX & FTSE – Can the Bounce Sustain?

Talking Points: Economic calendar light, but key headline risk exists; S&P 500 technicals still unclear German & Eurozone ZEW figures due out; DAX has resistance ahead UK CPI data on Wednesday; FTSE will try and continue impressive rally For the intermediate-term technical and fundamental outlook, check out the recently released DailyFX Q2 Forecasts. S&P 500 […]

April 13
2018

Citibank, JPMorgan, Wells Fargo Start Earnings Season with a Beat

Talking Points: The US 1Q earnings season starts off strong, as US equities look to close out the week positive Despite better-than-forecasted numbers, the bank stocks have since seen their shares drop Bank earnings season continues next week with Bank of America and Charles Schwab on Monday Learn the number one mistake traders make when […]

April 13
2018

US-EU Trade Tensions Unlikely to Ease Amid Growing Trade Surplus

Euro News and Talking Points – EUR/USD and DAX see muted reaction despite growing Eurozone trade surplus – US-EU trade tensions unlikely to ease given rising trade surplus against the US A muted reaction seen in EURUSD and the DAX after the Eurozone’s trade surplus for February grew to €18.9bln from €16.1bln a year earlier. […]

April 13
2018

US AM Digest: GBPUSD Eyes Post-Brexit High

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US equities set to close the week on a high as bank earning get off to a stronger start. This morning JP Morgan, Wells Fargo and Citi all posted better than expected results, adding to the […]

April 13
2018

Trade Woes Catches Up With Consumers As Sentiment Sours

Talking Points: – The preliminary figure of U. of Michigan Sentiment survey in April was 97.8, erasing two-month of gains in the index – Inflation expectations were revised up by 0.4% – Consumers’ shift expectations and now anticipate growth to slow with higher interest rates – US Dollar Index sees little benefit from consumer surveys […]

April 13
2018

Asia AM Digest: Markets Await US Syria Action, AUD Could Reverse

To get the Asia AM Digest every day, SIGN UP HERE After a rather rough few days, the US Dollar outperformed on Thursday rising by the most since a week ago. Not only was its appreciation accompanied with rising local bond yields, but also it gained with stocks throughout the day. This was in-part thanks […]

April 13
2018

Singapore Dollar Could Still Fall Despite Relatively Hawkish MAS

Talking Points: Singapore Dollar appreciates after relatively hawkish MAS policy announcement The MAS expects upward pressure on prices, though trade disputes remain a risk USD/SGD is attempting to push above a falling resistance line from October 2017 Find out what the #1 mistake that traders make is and how you can fix it! The Singapore […]

April 13
2018

Australian Dollar Rides Out Broadly Stronger China Trade Data

Talking Points: Chinese trade data came in broadly stronger However market reaction was muted The trade spat with Washington may have rendered these numbers too historic to be of interest Find out what the #1 mistake that traders make is and how you can fix it! The Australian Dollar showed little reaction to a broadly […]

April 13
2018

Asian Stocks Gain As Risk Appetite Holds Up, US Stock Open Eyed

Talking Points: China posted its first Dollar-terms trade deficit for over a year Singapore tightened monetary policy for the first time in six Asian stocks got a strong US tailwind Would you like to know more about Bitcoin? The DailyFX Beginners’ Guide is all yours Asian Stocks were mostly higher Friday as risk appetite continued […]

April 13
2018

EURGBP Support Break Highlights Further Weakness

EURGBP News and Talking Points – EURGBP trades at a ten-month low as the single currency continues to struggle against Sterling. – Trade Weighted Sterling at post-Brexit high. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now available to download to help you make more informed trading decisions. EURGBP Chart […]