Monday, 7 October 2019

Asia Stocks Gain as China Markets Return, US-China Trade Hopes Endure

There was plenty of green around Asia Pacific stock markets as mainland China returned from holiday and investors hoped for at least some progress in Washington this week.

from DailyFX - Market News https://ift.tt/2odXxbC
via IFTTT

Crude Oil Prices, Gold Eye Powell Speech as Recession Fears Rise

Crude oil prices along with gold will be closely watching a speech by Fed Chairman Jerome Powell after a week of dismal economic data and rising trade war tensions.

from DailyFX - Market News https://ift.tt/2It8qNq
via IFTTT

Trade-Focused AUD Shrugs As Business Confidence Returns To Zero

The Australian Dollar didn’t seem too worried about a key indicator’s slide back to lows last seen in March. This week’s US-China trade talks are running the table.

from DailyFX - Market News https://ift.tt/2p06Ewn
via IFTTT

Gold Susceptible to Larger Correction as Bearish RSI Pattern Persists

Failure to preserve the monthly opening range may spur a larger correction in the price of gold as the RSI continues to track the bearish pattern carried over from June.

from DailyFX - Market News https://ift.tt/30ZVLrX
via IFTTT

US Dollar Turns on Support as US-China Trade News Sours Markets

The US Dollar rose as near-term support turned it towards resistance as the latest US-China trade news sent the S&P 500 lower. Ahead, the pro-risk Australian Dollar may weaken.

from DailyFX - Market News https://ift.tt/2LWj01C
via IFTTT

US Dollar Price Volatility Report: EUR/USD & USD/CNH In Focus

Trade war rhetoric will be front and center for US Dollar price action this week, which sets EURUSD & USDCNH in the spotlight.

from DailyFX - Market News https://ift.tt/2LUqXEB
via IFTTT

Stock Market Forecast: Nasdaq 100 Outlook Dims on Trade War Impasse

The Nasdaq 100 could fall under pressure in the coming days after the Chinese Commerce Ministry said China is unwilling to negotiate on matters of intellectual property protection.

from DailyFX - Market News https://ift.tt/31XwnEu
via IFTTT

FX Week Ahead - Top 5 Events: Q2'19 US GDP Report & USD/JPY Rate Forecast

The September China Caixin PMIs are due on Tuesday, October 8 at 1:45 GMT, bringing the impact of the US-China trade war back in focus.

from DailyFX - Market News https://ift.tt/2Miz9gO
via IFTTT

Canadian Dollar Price Outlook: USD/CAD Rally Stalls at Resistance

The Canadian Dollar is trading near monthly lows against the US Dollar with price stalling near range extremes. Here are the levels that matter on the USD/CAD charts.

from DailyFX - Market News https://ift.tt/2LSEiNG
via IFTTT

USD/TRY: Turkish Lira Drops on Trump Tweet, Bitcoin (BTC) Gains

The Turkish Lira is coming under increased selling pressure as tensions in the Middle East heat up as Trump threatens Erdogan not to invade Northern Syria. EM capital flight could fuel bitcoin pric...

from DailyFX - Market News https://ift.tt/2MmCVFV
via IFTTT

Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.

from DailyFX - Market News https://ift.tt/2Tox1r4
via IFTTT

Euro's Strong Start to October Comes as Attention Shifts to Brexit, US-China Trade War

No news may be good news for the Euro over the coming days, given how generally disappointing economic data releases have been otherwise.

from DailyFX - Market News https://ift.tt/35dGgzD
via IFTTT

US Dollar Price Outlook: Q4 Pullback, EUR/USD Resistance Test

The US Dollar continues to pullback and this has helped EUR/USD to recover to a key area of potential resistance.

from DailyFX - Market News https://ift.tt/2VqZEVt
via IFTTT

Euro's Strong Start to October Comes as Attention Shifts to Brexit, US-China Trade War

No news may be good news for the Euro over the coming days, given how generally disappointing economic data releases have been otherwise.

from DailyFX - Market News https://ift.tt/2ARSgZW
via IFTTT

Gold Price Technical Outlook: Gold Holds at Key Resistance

The US Dollar turned around the Q4 open, helping to buoy Gold prices. But can Gold bulls continue to push?

from DailyFX - Market News https://ift.tt/2OoD3Y2
via IFTTT

Sterling (GBP) Price Action Dominated by Brexit Narrative - Webinar

The Brexit clock is ticking down to zero hour with little, if any, progress made. And PM Johnson may be bound by a court ruling to delay Brexit or face the consequences.

from DailyFX - Market News https://ift.tt/30VYXVc
via IFTTT

AUD/USD and NZD/USD Suffer on US-China Trade War Latest - US Market Open

Safe-havens on the front foot as China casts doubts over potential interim trade agreement. AUD & NZD suffer.

from DailyFX - Market News https://ift.tt/2ANYhGK
via IFTTT

EURUSD Price Outlook Remains Weak After Fresh Bearish Data

The latest economic data from Germany and the Eurozone continues to point to ongoing economic weakness in the zone, leaving the single currency further biased to the downside.

from DailyFX - Market News https://ift.tt/2VmrMc9
via IFTTT

Crude Hold Above 2019-Low as OPEC Pledges to Stabilize Oil Prices

The price of oil has bounded back ahead of the 2019-low ($50.52), with the Organization of the Petroleum Exporting Countries (OPEC) pledging to stabilize crude prices.

from DailyFX - Market News https://ift.tt/2pNc4et
via IFTTT

Sunday, 6 October 2019

Euro May Fall vs US Dollar if German Factory Orders Spook Markets

The Euro may suffer vs the US Dollar if German factory orders data falls short of forecasts and fuels concerns about the Eurozone’s growth prospects.

from DailyFX - Market News https://ift.tt/2Om5dmG
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...