US stocks extend their 5 day gain after another volatile trading session, but the lingering government shutdown still poses risk to sentiment, economic growth.
from DailyFX - Feeds all http://bit.ly/2BWF1Hu
via IFTTT
Wednesday, 2 January 2019
FTSE 100, ASX 200 Notch Largest Intraday Recoveries since 2016
The FTSE 100 equity index posted the largest lower wick since the election of President Donald Trump to start the New Year off with a strong recovery into a green close.
from DailyFX - Feeds all http://bit.ly/2RrKI9Z
via IFTTT
from DailyFX - Feeds all http://bit.ly/2RrKI9Z
via IFTTT
Stronger Bitcoin-Bearish: Most Traders Stay Net-Long
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Bitcoin-bearish contrarian trading bias.
from DailyFX - Feeds all http://bit.ly/2SwnNaX
via IFTTT
from DailyFX - Feeds all http://bit.ly/2SwnNaX
via IFTTT
S&P 500 May Reverse Higher As Sentiment Shifts
Recent changes in sentiment warn that the current US 500 price trend may soon reverse higher despite the fact traders remain net-long.
from DailyFX - Feeds all http://bit.ly/2GRChAW
via IFTTT
from DailyFX - Feeds all http://bit.ly/2GRChAW
via IFTTT
EUR/USD Hits 2-week Lows, Outlook Bearish
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.
from DailyFX - Feeds all http://bit.ly/2TpjmP1
via IFTTT
from DailyFX - Feeds all http://bit.ly/2TpjmP1
via IFTTT
GBP/USD: Cable Crumbles After Year-End Rally Falls Short of Dec Highs
Bears are back in the British Pound, as the year-end rally in GBP/USD has given way to another test below the 1.2600-handle.
from DailyFX - Feeds all http://bit.ly/2SABN3q
via IFTTT
from DailyFX - Feeds all http://bit.ly/2SABN3q
via IFTTT
Crude Oil Price 2019 & Insights from Daniel Lacalle
Best-selling author and chief economist, Daniel Lacalle reveals how a hedge fund manager will be trading in 2019 and beyond.
from DailyFX - Feeds all http://bit.ly/2LK5pZq
via IFTTT
from DailyFX - Feeds all http://bit.ly/2LK5pZq
via IFTTT
DJIA: Dow Challenges Confluent Resistance After 38.2% Retracement
The Santa Rally didn't arrive until the day after Christmas, but after erasing 38.2% of the December sell-off, are US equity bulls back in control?
from DailyFX - Feeds all http://bit.ly/2AtLOIH
via IFTTT
from DailyFX - Feeds all http://bit.ly/2AtLOIH
via IFTTT
Gold Price Forecast: Bullish Series Keeps June-High on Radar
Topside targets remain on the radar for gold, with the price for bullion eyeing the June-high ($1309) as it extends the bullish series from the previous week.
from DailyFX - Feeds all http://bit.ly/2RrJDPn
via IFTTT
from DailyFX - Feeds all http://bit.ly/2RrJDPn
via IFTTT
EUR/USD Fails at 1.1500 as the USD Jumps from Test of Two-Month Lows
The US Dollar is catching a vigorous bounce after a test of the November low, helping EUR/USD to fall after a re-test of the 1.1500 psychological level.
from DailyFX - Feeds all http://bit.ly/2Sx4QVH
via IFTTT
from DailyFX - Feeds all http://bit.ly/2Sx4QVH
via IFTTT
GBP & AUD Plunge, Risk Off Tone Sparks JPY Surge - US Market Open
A new year, however, the same problems persist for the Australian Dollar. GBP fails to receive a bid from firm Mfg. PMI. JPY surges on haven demand.
from DailyFX - Feeds all http://bit.ly/2TrDAbf
via IFTTT
from DailyFX - Feeds all http://bit.ly/2TrDAbf
via IFTTT
AUDUSD Price Downtrend May Resume on Weak China Economy
The AUDUSD price could fall further on a combination of Chinese weakness and a slowing domestic economy.
from DailyFX - Feeds all http://bit.ly/2AB5E51
via IFTTT
from DailyFX - Feeds all http://bit.ly/2AB5E51
via IFTTT
FTSE 100 Index Set to Suffer From Weak Chinese Demand
The FTSE 100 index of leading London-listed stocks is looking particularly vulnerable to the weakness of the Chinese economy because of its large mining and energy components.
from DailyFX - Feeds all http://bit.ly/2Qit8R5
via IFTTT
from DailyFX - Feeds all http://bit.ly/2Qit8R5
via IFTTT
JPY Bulls Dominate Amid Growth Slowdown and Wrongfooted Speculators
The Japanese Yen made advances throughout the Asian session after stocks took a hit following the latest China data. More losses expected in USDJPY.
from DailyFX - Feeds all http://bit.ly/2Sxe982
via IFTTT
from DailyFX - Feeds all http://bit.ly/2Sxe982
via IFTTT
Sterling (GBP) Slips Lower Despite Strong Manufacturing PMI Headline
The British Pound picked up a bid at the lower level after the latest UK Manufacturing PMI release beat expectations but faded lower as markets digested the data breakdown.
from DailyFX - Feeds all http://bit.ly/2CJnl3v
via IFTTT
from DailyFX - Feeds all http://bit.ly/2CJnl3v
via IFTTT
EURUSD Price: Short-Term Rally May Struggle to Find Traction
EURUSD starts the year pointing higher and may test the early November 2018 high at just over 1.1500 which may open the door to 1.1622 in the near-term.
from DailyFX - Feeds all http://bit.ly/2s6Y2Ch
via IFTTT
from DailyFX - Feeds all http://bit.ly/2s6Y2Ch
via IFTTT
Tuesday, 1 January 2019
Asian Stocks Fade As Yet More Chinese Data Comes Up Short
Stock markets got back to more normal trading levels on Wednesday but cheer was in short supply as investors worried about a global slowdown
from DailyFX - Feeds all http://bit.ly/2R5gqdY
via IFTTT
from DailyFX - Feeds all http://bit.ly/2R5gqdY
via IFTTT
Australian Dollar Wilts As Caixin PMI Adds To Chinese Economic Gloom
The Australian Dollar faltered as December stood revealed as the worst month since May, 2017 for China’s private manufacturers
from DailyFX - Feeds all http://bit.ly/2BRxOIE
via IFTTT
from DailyFX - Feeds all http://bit.ly/2BRxOIE
via IFTTT
Subscribe to:
Posts (Atom)
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...
-
The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...