Talking Points: Asian stocks put in a mixed performance Wednesday The Nikkei and ASX sold off a little, but Chinese stocks made gains, possibly after the PBOC chief offered the prospect of more financial liberalization The US Dollar held up against the Yen but lost out to its Australian and New Zealand cousins Ever felt […]
Read moreGBP TALKING POINTS: – UK figures for industrial production, manufacturing output, trade and construction are all due this session. – As always, better-than-expected numbers would give GBP a lift; poor data would weaken it. – While trade figures are always important, the manufacturing numbers are probably the ones most likely to have an impact on […]
Read moreGBP News and Talking points Sterling falls through 1.4200 after soft production figures, construction output drop UK trade deficit widens due to decline in non-EU goods exports Eyes on BoE speech with Governor Carney and Broadbent set to speak tomorrow The new DailyFX Q2 Trading Forecasts are now available to help you make more informed […]
Read moreSterling Talking Points: Industrial production and manufacturing output both missed market expectations. GBP slipped back as attention turns to UK Q1 GDP. UK-EU trade deficit widened in the three months to February. The DailyFX Q2 Trading Forecast for GBP is now available. How are Retail Traders Currently Positioned in GBPUSD and why does it matter? […]
Read moreBitcoin (BTC), Ripple (XRP), Ether (ETH) News and Analysis – Bitcoin and Ether are showing bears have been absent in the last week. – Consolidation is good but market confidence is still needed – Sentiment indicators can help traders gain market color. We recently released A Guide to Day Trading Bitcoin & Other Cryptocurrencies to […]
Read moreTalking Points: – Headline CPIrose by 2.4% YoY in March, in line with expectations – Core inflation followed suit also coming in as expected at 2.1% – Energy prices lagged while shelter and transportation prices tried to pick up slack – US Dollar mute as Federal Reserve is given more reason for a rate hike […]
Read moreReceive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US equity futures pointing to losses of 1% with the DJIA set to open lower by as much as 200 points. This follows the rising geopolitical tensions surrounding Syria, in which President Trump’s latest comments noted […]
Read moreTo get the Asia AM Digest every day, SIGN UP HERE The anti-risk Japanese Yen was the best performing major on Wednesday as the threat of conflict between the US and Syria rose. About halfway into the session US President Donald Trump, in a tweet, taunted Russia saying to ‘get ready’ because missiles will be […]
Read moreTalking Points: The Australian Dollar declined after local inflation expectations fell to 3.6% With the RBA on hold, focus is how sentiment unfolds on geopolitical risks AUD/USD is stuck in a bullish reversal pattern but is at critical resistance Just getting started trading the Australian Dollar? See our beginners’ guide for FX traders to learn […]
Read moreTalking Points: Asian stocks fell broadly on Thursday Uncertainty over what western nations- led by the US- will do in Syria clouded the session The Kospi was the only standout gainer Would you like to know more about Bitcoin? The DailyFX Beginners’ Guide was written for you Asian Stocks drifted lower in the main Thursday, […]
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