Monday, 3 December 2018

US Dollar Holds Trend-Line Support Ahead of Powell, US NFP’s

It was a big weekend for US stocks and prices have gapped-higher to start December trade. A busy week of headlines remains, and US markets will be closed on Wednesday.


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

AUD Tests Resistance on Trade War Truce, CAD and Oil Surges - US Market Open

AUD outperforms as President Trump and Xi call a truce. Canadian oil production cuts boost CAD. GBP remains plagued by Brexit concerns.


from DailyFX - Feeds all https://ift.tt/2zyUM75
via IFTTT

Sterling (GBP) Week Ahead: Brexit Weighs Heavily on GBP | Webinar

A range of Brexit concerns continue to drag Sterling lower and there is no respite expected ahead of next week's vote in Parliament.


from DailyFX - Feeds all https://ift.tt/2DYMQ1R
via IFTTT

Weekly Fundamental Forecast: Markets Start a New Month with G20, Brexit, Euro-Area Stability and Fed Policy All Under Scrutiny

Though the capital and forex markets generally held back from systemic trends this past month, volatility was practically overflowing through the period. The typical ‘quiet December’ assumption will be put to the test against a laundry list of critical, unresolved fundamental threats. Traders should not be complacent.


from DailyFX - Feeds all https://ift.tt/2U4MXyF
via IFTTT

S&P 500 and Dow Jones Outlook: US-China Trade War Truce Sparks Rally

Risk sentiment has been buoyed amid the trade war truce between the US and China, following the G20 summit.


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

US Crude Oil Price Breaks Higher, May Rally Further

The price of US crude oil has clambered out of a downward channel in place on the daily chart since early October; a positive signal after a series of constructive developments for the commodity.


from DailyFX - Feeds all https://ift.tt/2Q95co5
via IFTTT

Weekly CoT Update for Gold, GBP/USD, and Other Major Markets

No real jump-off-the-page one-week changes, but it is worth noting that large speculators are covering GBP into weakness at an unusual rate, while gold traders remain relatively bearish by historical standards.


from DailyFX - Feeds all https://ift.tt/2Q8I6hu
via IFTTT

Brexit Latest: Sterling Weakens as MPs Demand Full Legal Brexit Disclosure

MPs from both sides of the House are demanding that UK PM May release the full legal advice of her Brexit deal to allay fears that the UK may be trapped within the EU’s custom union.


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

CAD Soars as Canada Announces Unprecendented Measures

The Canadian Dollar has surged as Canada announces unprecendented measures, while US-China trade truce also buoys risk appetitie.


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

AUSUSD: Trade Tariff Rally Brings Resistance into View

AUSUSD jumps at the start of the European session after the US dials back tariff threats and announces a 90-day trade ceasefire.


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

USD Price Dip on US-China Trade Ceasfire Could be Brief

The US Dollar is modestly weaker in Europe Monday on the truce in the US-China trade war but it could well rally in the days ahead as traders ponder whether hostilities have really ended.


from DailyFX - Feeds all https://ift.tt/2Eay4Gc
via IFTTT

Sunday, 2 December 2018

Asian Stocks Gain On US, China G20 Trade Breakthrough, Oil Soars

Asian equities loudly cheered the 90-day trade ceasefire announced by the US and China at their G20 meet in Argentina. The two countries must now deliver though, if these gains are to stick


from DailyFX - Feeds all https://ift.tt/2Ed0RtC
via IFTTT

Crude Oil Prices Gap, Rise. Russia, Saudi Arabia Eye Output Cuts

Crude Oil prices gapped higher and extended gains after news of Russia and Saudi Arabia’s plan to cut oil production in 2019 crossed the wires over the weekend at the G20 Summit.


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

G20 Drives Australian Dollar Trade Despite Plentiful Local Data

The Australian Dollar market remained focused on the trade thaw negotiated between China and the US, to the clear exclusion of Monday’s regional data


from DailyFX - Feeds all https://ift.tt/2E0wNjY
via IFTTT

Risk Assets Cheer G20 Trade Ceasefire But Need Lasting Trade Peace

Equity markets and growth currencies like the Australian Dollar look set to gain on the good news from Argentina, but the trade truce between China and the US is only a start


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

Equities, AUD Set to Gap Higher On US-China Trade Truce at G-20

The Australian Dollar rallied against the greenback on news that the US and China reached a trade agreement at the G-20 summit, with stocks following suit.


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

Stocks, FX Eye G20 US China Trade Talks. Deep Volatility May Come

December trading may begin with intense volatility if hopes of a G20 US China trade resolution shatter, igniting risk aversion. Otherwise, AUD, NZD and stocks could gain as USD falls.


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

Gold Forecast: Bulls and Bears Continue to Tussle - Key Levels

The recent sharp drop in energy prices undermines a key appeal of Gold in the near-term.


from DailyFX - Feeds all https://ift.tt/2Pc3ixT
via IFTTT

Euro Forecast: After G20 Summit, Attention Returns to Italy’s Budget

With only one ‘high’ rated event on the economic calendar this week, attention will be mainly centered around developments in the Italian debt crisis.


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

Weekly Fundamental Forecast: Markets Start a New Month with G20, Brexit, Euro-Area Stability and Fed Policy All Under Scrutiny

Though the capital and forex markets generally held back from systemic trends this past month, volatility was practically overflowing through the period. The typical ‘quiet December’ assumption will be put to the test against a laundry list of critical, unresolved fundamental threats. Traders should not be complacent.


from DailyFX - Feeds all https://ift.tt/2QuQ5Vl
via IFTTT

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...