Wednesday, 14 November 2018

EUR Resilient Despite German Slowdown, OPEC Inspires Oil Bounce - US Market Open

Volatility is here to stay for the Pound with headline risk remaining elevated. EUR dismisses German GDP contraction, while timely OPEC sources lift oil prices.


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US Dollar Losses Hit Pause after October CPI; Focus Remains on Brexit

The DXY Index is off the lows, and rates markets are continuing to price in December for another rate hike from the Fed.


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Bitcoin Cash Hard Fork Causing Market Ripples | Webinar

The cryptocurrency market has lost round $12 billion week-on-week with part of the losses stemming from a sell-off in Bitcoin Cash (BCH).


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Uptick in U.S. Consumer Price Index (CPI) to Curb EUR/USD Rebound

Updates to the U.S. Consumer Price Index (CPI) may undermine the recent rebound in EUR/USD as the headline reading for inflation is expected to climb 2.5% in October.


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S&P 500 & FTSE 100 Outlook: Crucial Supports Curbs Further Losses For Now

The FTSE 100 rides the Brexit storm, while cyclical stock underperformance relative to defensive stocks suggests further downside for the S&P 500.


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Crude Oil Analysis: Oil Bounces on OPEC Verbal Intervention, However, Oil Glut is Coming

Oil prices have extended its record losing run, having dropped for a 12th consecutive session with yesterday seeing the biggest price decline (Over 7%) since 2014.


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Eurozone Debt Crisis: How to Trade Future Disasters

If there is to be another Eurozone sovereign debt crisis, trading it will be difficult. However, the crisis that began in 2009 provides plenty of pointers on how to survive it and potentially even thrive from it.


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EURUSD Analysis: Negative German Growth, Italy Sticks to its Budget Plan

EURUSD weakness is likely to continue after the latest German GDP report shows the Euro-Zones largest economy contracting, while Italy sticks stubbornly to its original budget plan.


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Pound, Euro May Overlook UK CPI and EZ GDP with Politics in Focus

The British Pound and the Euro may overlook UK CPI and Eurozone GDP data with a fragile Brexit deal as well as political turmoil in Italy and Sweden in focus.


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Brexit Latest: Deal or No Deal Will Seal Sterling’s (GBP) Fate

UK PM Theresa May will today continue to try and persuade her Cabinet to agree a new draft Brexit agreement with the EU with her political future at risk if the deal is rejected.


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Can the Riksbank Save the Krona Amid Political Turmoil?

The Krona is likely to suffer as political gridlock continues in the Riksdag. A hawkish Riksbank may be able to save the Krona from the impact of political fragmentation.


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Tuesday, 13 November 2018

Asian Stocks Mostly Down On Trade Growth Fears, Oil Price In Focus

Asian markets were pressured by lower crude oil prices as investors fretted an oversupplied market despite promised Saudi production cuts coming at year-end


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Gold Prices May Fall on US CPI Uptick, Hawkish Powell Comments

Gold prices may decline as US inflation data and hawkish comments from Fed Chair Jerome Powell boost rate hike bets and send the US Dollar upward.


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What Would Signal a Panic-Low for Crude Oil?

Has crude’s tumble moved too far too fast? On aggressive market moves, the probability of an overshoot and snap back can be high. What is the current state of oil and what are the cues to follow on risk and opportunity?


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USD/MYR May Drop Next as Dominant Trends in IDR and PHP Continue

Multiple bearish signals in USD/MYR warn that that Malaysian Ringgit may appreciate against the US Dollar next. Meanwhile the dominant trends in USD/IDR and USD/PHP may continue.


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EURUSD Bounces Despite Break, Brexit Hopes Prop Pound, Oil Hits the Gas

So much for the clear risk and EURUSD bear trends. Both moves would stall this past session despite the fundamental drums continuing. Meanwhile, Brexit rumors added to Sterling volatility and Oil continues to burn.


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Australian Dollar Steady On Mixed China Data, Employment Up Next

The Australian Dollar didn’t move very far on Tuesday’s Chinese data dump in which retail sales underwhelmed and industrial production did not


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NZD/USD Technical Analysis: NZ Dollar Rally Ready to Resume?

The New Zealand Dollar may struggle to find upside follow-through against its US namesake despite seemingly bullish near-term technical positioning.


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Brexit Headlines Driving GBP Prices Up, OPEC Sinks Crude Oil Hard

Wall Street little changed despite reduced US China trade war fears, Crude Oil fell by the most since 2016 on OPEC news. Brexit headlines pushing GBP higher, Asia stocks may rise.


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Upbeat Australia Wage Price Index (WPI) to Fuel AUD/USD Rebound

Updates to Australia’s Wage Price Index (WPI) may fuel the recent rebound in AUD/USD as household earnings are projected to pick up in the third-quarter of 2018.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...