The fear in bond yields’ surge this past week has cooled, but concern over China and Italy have readily filled in the sentiment gap.
Monday, 8 October 2018
China Markets and Yuan Revive Trade War Fears, Italy Inflames Europe
AUD/USD Risks Larger Rebound as RSI Flops Ahead of Oversold Territory
AUD/USD bounces back from the 2018-low (0.7041), with recent developments in the RSI pointing to a larger recovery as the bearish momentum appears to be abating.
Yuan Slid after China Cut Reserve Requirement, Eyes on PBOC Next
The USD/CNH broke above 6.90 after PBOC announced a RRR cut. The regulator’s guidance will continue to weigh on the pair.
EURUSD Elliott Wave : Ready for Launch
EURUSD reached our target of 1.1450-1.1500. Minimum expectations are met for the dip and a bull rally may begin from nearby levels.
Crude Oil Weekly Technical Outlook– WTI Reverses from Multi-Year Highs
Crude is trading near multi-year highs with prices approaching key technical resistance levels early in the quarter. Here are the levels that matter on the WTI weekly chart.
Oil Prices Cling to Bullish Formation, Iran Warns of Crude Shortage
Oil clings to the bullish trend carried over from August, but recent price action raises the risk for further losses as crude carves a series of lower highs & lows.
Strategy Webinar: US Dollar Rally Extends into First Major Hurdle
Webinar highlighting featured setups we’re tracking into the start of the week. Here are the updated targets & invalidation levels that matter on the USD Majors.
DXY Index Holds Gains; Quiet Trading Expected with Bond Market Closed
The closing of European financial markets means liquidity conditions will be constrained, already so due to the bond market being closed in the US.
EUR/USD Rate Outlook Remains Bearish Despite Less-Dovish ECB Rhetoric
EUR/USD remains under pressure even as ECB officials soften their dovish tone, with the exchange rate at risk for further losses as it initiates another bearish series.
Weekly Fundamental Forecast: Dow Looks to Reconcile with Global Risk Trends, FX Markets Deal with Systemic Themes
The US equity indices have diverged widely from global peers and other risk trends through recent months. Will this incredible disparity balloon even further or perhaps start to converge in the week ahead as trade wars, monetary policy and political risk crowd the headlines?
CHF and JPY Outperform on Safe Haven Flow, BRL Cheers Election - US Market Open
Safe haven currencies are outperforming this morning as concerns continue to mount in the EU over Italy’s budget.
US Dollar, Yen Gain as Euro Risk Aversion Remains
Euro and US Dollar trends are continuing to run into a fresh week, and a light macro calendar is ahead. Yen strength has re-appeared as risk aversion remains into the fresh quarter.
UK Week Ahead: Brexit Talk Remains Key | Webinar
EU/UK negotiations are at an advanced stage ahead of next week’s EU Summit and may throw up a few market moving headlines throughout the week.
Weekly CoT Update for the Euro, Japanese Yen, Gold & Other Major Contracts
Generally bullish USD theme remains, with the most noteworthy change seen in the Japanese yen over the past two weeks.
Ripple (XRP) Price Stuck in a Short-Term Downtrend
Ripple remains constrained in a short-term downtrend and may have further to fall before support appears.
Crude Oil Price Analysis: Risk Premiums Unwind as US Mulls Waivers
Brent crude futures are trading with losses of 1.4% shedding over $1 following reports that the Trump administration are actively mulling waivers on Iranian sanctions
EURUSD Remains Under Selling Pressure as Italian Bond Yields Jump
EURUSD continues to trade wither side of 1.1500 and is set to make the next move lower, as Italian bond yields hit fresh multi-year highs while the US dollar keeps pushing ahead.
Canadian Dollar Echoes Crude Oil Price Fall, Pound Backtracking
The Canadian Dollar fell alongside retreating crude oil prices while the British Pound backtracked following explosive Brexit-linked gains last week.
Sunday, 7 October 2018
Asian Stocks Lower As China Cuts Reserve Requirement Again
Worries about the effects of current trade tensions with the US weighed on Asian stock markets as a new week got under way. Shanghai’s mainboard was down nearly 3%.
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