S&P 500, Dow Face Critical Support as a Cavalcade of Key Events Rumbles On

The markets absorbed another shock of volatility this past week, but the critical technical milestones in holdout risk benchmarks (S&P 500 and Dow) held back the bearish tide. Will trade wars, yields, Euro-area crisis or other spark override these restraints?

Yuan May Extend Loss on China’s Q3 GDP, Eyes on PBOC for Reference

China’s weak economic growth could add more bearish momentum to the Yuan; at the same time, Chinese regulators may try to avoid extreme volatility.

ETF Flows Highlight Pressured Sectors During the S&P 500, Dow Rout

This week’s drastic decline in US equities dominated headlines, but ETF flows reflect the underlying sentiment of investors.

FX Week Ahead: US Retail Sales, FOMC Minutes, CPI from NZ, UK, & Japan

After a relatively quiet week on the data front, the economic calendar is back in full force with a smattering of important data releases around the globe.

S&P 500, Dow Rebound as Q3 Earnings Season Kicks off with Banks

The first round of big bank earnings were released Friday, delivering a smorgasbord of results. The reports offer market insight as the S&P 500 rebounded after two days of severe decline.


from DailyFX - Feeds all https://ift.tt/2QMRLpP
via IFTTT

GBP: Heightened Risk Doesn’t Reward Position-Taking This Week

It may be uncomfortable but sitting on the fence is the best place to be ahead of next week’s Brexit updates and EU Summit.


from DailyFX - Feeds all https://ift.tt/2ITRJK6
via IFTTT

US Dollar May Find Renewed Strength in FOMC Meeting Minutes

The US Dollar may find renewed strength after last week’s confounding drop as minutes from September’s FOMC meeting signal officials’ intent to press on with rate hikes.


from DailyFX - Feeds all https://ift.tt/2QP0Xdv
via IFTTT

Australian Dollar Held Up Last Week, May Not Do So Again

The Australian Dollar held up quite well to the intensification of one or two factors which have stymied it this year. Don’t rely on that continuing


from DailyFX - Feeds all https://ift.tt/2QMuu7l
via IFTTT

USD/JPY Clings to Bull Trend, Fed’s Evans Warns of Above Neutral Rate

The recent selloff in USD/JPY appears to be losing steam ahead of the weekend as the exchange rate clings to the upward trend carried over from August.


from DailyFX - Feeds all https://ift.tt/2OoBM4H
via IFTTT

US Dollar Bounces from 95.00, Global Stocks Attempt to Build Support

This week's global equity sell-off appears to have finally found some semblence of support, with the Dow bouncing off of 25k. The big question for next week: Can it last?


from DailyFX - Feeds all https://ift.tt/2RIIbpj
via IFTTT

US Dollar Eyes Key Level, GBP and EUR Dip - US Market Open

After the largest intra-day drop since September 20th, the US Dollar has seen a slight reprieve, while FOMC rate projections have also remained relatively stable despite the sell-off in equity markets


from DailyFX - Feeds all https://ift.tt/2EeDUXO
via IFTTT

Bitcoin (BTC) Price Breakdown Signals Further Losses

A lack of any bounce back after recent heavy losses confirms that Bitcoin’s outlook remains negative, with the daily chart looking increasingly ominous.


from DailyFX - Feeds all https://ift.tt/2CE9kFJ
via IFTTT

Global Equities Corrected, Will the USD Follow?

Crowded USD long positioning facing the strain from Trump’s persistent criticism of the Fed, while the recent sell-off in equity markets has also been met with USD selling.


from DailyFX - Feeds all https://ift.tt/2yyaMol
via IFTTT

Charts for Next week – EUR/USD, GBP/USD, GBP/JPY, Gold Price & More

After failing to break lower out of a range, the euro is shifting higher along with cable; GBP/JPY is triangulating while gold finally breaks shows life.


from DailyFX - Feeds all https://ift.tt/2ISZXlw
via IFTTT

EUR/USD Rate Risks Larger Rebound as Bullish Sequence Unfolds

Recent price action in EUR/USD raises the risk for a larger recovery as the exchange rate extends the bullish sequence from the monthly-low (1.1432).


from DailyFX - Feeds all https://ift.tt/2PpUGUZ
via IFTTT

EURUSD Outlook: Remains Elevated but Italian Budget Face-Off Nears

EURUSD continues to nudge higher, aided by a weaker US dollar, but next week brings the next instalment of the EU/Italy Budget showdown.


from DailyFX - Feeds all https://ift.tt/2QQCXqr
via IFTTT

EURGBP Short: GBP Dependent on Brexit Outcome, Italian Risk Remains

from DailyFX - Feeds all https://ift.tt/2A6BXbW
via IFTTT

Gold Finally Shakes off the Rust, Breaks Range with Silver Following its Lead

Precious metals finally emerged from there multi-week slumber as stocks gyrate and dollar weakens; but can it follow through?


from DailyFX - Feeds all https://ift.tt/2CGvOWB
via IFTTT

Yen May Fall Further in Risk-On Trade But Follow-Through Suspect

The Japanese Yen may continue to backtrack as risk appetite recovers across global financial markets but betting on follow-through is probably premature.


from DailyFX - Feeds all https://ift.tt/2OT9a2H
via IFTTT

Gold Prices May Pull Back as Crude Oil Gains Amid Risk Recovery

Gold prices may pull back after yesterday’s explosive gains while crude oil prices rise amid a market-wide recovery in risk appetite.


from DailyFX - Feeds all https://ift.tt/2QMThZg
via IFTTT