Gold prices may rise if a revised set of second-quarter US GDP data reveals a larger downgrade than expected, stoking recession fears and pulling down Treasury bond yields.
from DailyFX - Feeds all https://ift.tt/348aMKU
via IFTTT
Wednesday, 28 August 2019
US Dollar May Rise if US GDP Data Reinforces Recession Fears
The US Dollar may rise if US GDP data undershoots forecasts and reinforces growing recession fears, driving demand for liquidity and haven assets.
from DailyFX - Feeds all https://ift.tt/2ZqC94c
via IFTTT
from DailyFX - Feeds all https://ift.tt/2ZqC94c
via IFTTT
Stocks Slip As US Yield Curve Continues To Stoke Recession Fears
Asia Pacific equity markets failed to capitalize on Wednesday’s Wall Street gains as US yield curve inversion and Brexit worries continued to dominate.
from DailyFX - Feeds all https://ift.tt/2UbDk1o
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UbDk1o
via IFTTT
No Dollar Assurances in Treasury Downplaying Intervention, Absorbing Headlines for Later
Trade wars threaten to escalate to new territory as the US government references exchange rate intervention – suggesting it is net yet ready to go that route. Meantime, key themes are churning but liquidity is obscuring.
from DailyFX - Feeds all https://ift.tt/327V40z
via IFTTT
from DailyFX - Feeds all https://ift.tt/327V40z
via IFTTT
AUD/USD Technical Analysis: Sellers Take Aim Below 0.67 Figure
The Australian Dollar looks poised to revisit its 2019 bottom below 0.67 against its US counterpart after prices broke range support. The long-term view looks still more ominous.
from DailyFX - Feeds all https://ift.tt/2Pki5vJ
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Pki5vJ
via IFTTT
Yen Strength Amid Market Tumult to Keep BOJ Target Out of Reach
The Yen’s traditional haven role has seen it boosted by trade war and recession fears. However, with domestic inflation decelerating again, it’s gains put the Bank of Japan is in a very tricky spot.
from DailyFX - Feeds all https://ift.tt/2NIYR0t
via IFTTT
from DailyFX - Feeds all https://ift.tt/2NIYR0t
via IFTTT
Crude Oil Prices Stuck in Monthly Range Despite Waning US Inventories
The price of oil may continue to track the monthly range amid the string of failed attempts to test the August-high ($57.99).
from DailyFX - Feeds all https://ift.tt/2U9OSlY
via IFTTT
from DailyFX - Feeds all https://ift.tt/2U9OSlY
via IFTTT
Nasdaq 100 Technical Forecast for the Week Ahead
The Nasdaq 100 has etched a series of higher lows but has been unable to stay afloat above September 2018 highs. With the assistance of an ascending trendline, can the tech-heavy index continue higher?
from DailyFX - Feeds all https://ift.tt/2zs1ZW3
via IFTTT
from DailyFX - Feeds all https://ift.tt/2zs1ZW3
via IFTTT
GBP/USD, GBP/JPY, EUR/GBP Reverse as UK PM Johnson Suspends Parliament
Concerns about a no-deal, “hard Brexit” continue to swirl. The GBP-crosses can’t avoid the maelstrom - or can they?
from DailyFX - Feeds all https://ift.tt/2Zn5kFk
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Zn5kFk
via IFTTT
Oil Price Targets: Crude Recovery Eyes August Highs– WTI Trade Levels
Oil prices have surged nearly 5% this week with the advance now targeting downtrend resistance. Here are the trade levels that matter on the WTI weekly chart.
from DailyFX - Feeds all https://ift.tt/2ZyNf26
via IFTTT
from DailyFX - Feeds all https://ift.tt/2ZyNf26
via IFTTT
FTSE 100 Price Outlook: Weak Price Action Continues
The FTSE remains a weak spot across global markets, with it trading near recent lows; continued pressure anticipated.
from DailyFX - Feeds all https://ift.tt/2Ud2cpq
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Ud2cpq
via IFTTT
Turkish Lira Price: Bullish Signals Suggest USD/TRY May Move Higher
Since Mid-August US Dollar has been firming against Turiksh Lira. How USD/TRY may perform in the few coming days?
from DailyFX - Feeds all https://ift.tt/2znXL1I
via IFTTT
from DailyFX - Feeds all https://ift.tt/2znXL1I
via IFTTT
Gold Prices Begin Next Leg Higher - Breakout Target Levels for XAU/USD
Gold prices have been lagging their silver counterpart in recent days, but it may be gold’s turn to breakout higher amid another drop in US real yields.
from DailyFX - Feeds all https://ift.tt/2zsZfHS
via IFTTT
from DailyFX - Feeds all https://ift.tt/2zsZfHS
via IFTTT
GBP/USD Drops on Brexit Latest, Crude Oil Prices Surge - US Market Open
The Pound is on the backfoot, while modest gains are seen in the US Dollar. Italian assets breach a milestone. Oil prices surge of declining crude oil inventories.
from DailyFX - Feeds all https://ift.tt/2Lbo1St
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Lbo1St
via IFTTT
World Trade & the Global Economy | Marc Ostwald | Podcast
Economist and market strategist Marc Ostwald discusses the ‘deep visceral fear’ of market psychology in our latest podcast.
from DailyFX - Feeds all https://ift.tt/2HvCOpZ
via IFTTT
from DailyFX - Feeds all https://ift.tt/2HvCOpZ
via IFTTT
USD/JPY Bounce from Two-Year-Lows - is the Breakdown Near?
USD/JPY continues to show themes of risk aversion and earlier this week bounced from a fresh two-year-low. Sellers don't appear done yet.
from DailyFX - Feeds all https://ift.tt/2Ptk2ps
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Ptk2ps
via IFTTT
DAX 30 & CAC 40 Technical Outlook
The German and French benchmarks are trying to find their footing, but big-picture technical posturing won’t improve much even with short-term strength.
from DailyFX - Feeds all https://ift.tt/2MH9bGo
via IFTTT
from DailyFX - Feeds all https://ift.tt/2MH9bGo
via IFTTT
USD/CHF, EUR/CHF Forecast: Price U-Turns Eying a Test of the Weekly Resistance
How USD/CHF and EUR/CHF buyers could take advantage of seller’s signs of weakness?
from DailyFX - Feeds all https://ift.tt/2UcGphD
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UcGphD
via IFTTT
Canadian Dollar Price Outlook: USD/CAD Breakout Not Yet Confirmed
USD/CAD is at an important technical price point and needs to break decisively before the next move can be confirmed.
from DailyFX - Feeds all https://ift.tt/2zw1DgV
via IFTTT
from DailyFX - Feeds all https://ift.tt/2zw1DgV
via IFTTT
How Boris Johnson Can Suspend Parliament by Using the Queen’s Speech
Boris Johnson looks to suspend parliament by up to a month using the Queen’s speech in mid-October. No-deal risks rise as opposition parties are given less time to block such an outcome.
from DailyFX - Feeds all https://ift.tt/2HxpOQO
via IFTTT
from DailyFX - Feeds all https://ift.tt/2HxpOQO
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...
-
The US Dollar soared against the Indonesian Rupiah, with USD/IDR eyeing its best month since the 1997 Asia financial crisis amid the coronav...