Tuesday, 10 March 2020

Dow Jones & Nasdaq 100 Forecast: Airlines, Banks and Shale at Risk

Stocks moved cautiously higher on Tuesday as traders sifted through the wreckage of Monday’s decline, but early gains met resistance, and three sectors remain particularly vulnerable.

from DailyFX - Market News https://ift.tt/3cXbTSa
via IFTTT

Recession Risk Intensifies as Crude Crashes & Coronavirus Festers

Recession risk could be ratcheting even higher after the price of crude oil crashed over 20% in a single day, which is likely exacerbating economic stress initially sparked by coronavirus concerns.

from DailyFX - Market News https://ift.tt/3aNuqy7
via IFTTT

DAX 30, FTSE 100, CAC 40 Outlook Cautious Despite Relief Rally

A relief rally across global equity markets with US equity futures firmly in the green and briefly hitting limit up.

from DailyFX - Market News https://ift.tt/2TBR3Qz
via IFTTT

Market Sentiment: How to Avoid Volatility | Webinar

Trader confidence has picked up markedly Tuesday after the recent tumble in stock markets and oil prices. This webinar also looks at the assets that might be of interest to traders looking for less...

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

Euro May Turn Lower vs US Dollar as Markets Digest Fed Outlook

The Euro may soon reverse lower after hitting a 13-month high against the US Dollar as markets move to absorb bets on a dramatically dovish turn in Fed policy.

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

Crude Oil Price Turns Higher, Fear of Further Sell-Off Remains

Oil is pulling back a small portion of its recent losses, but a huge gap remains on the chart which will take a substantial rally to fill it.

from DailyFX - Market News https://ift.tt/334XxKQ
via IFTTT

British Pound (GBP) Latest: Sterling Providing Refuge Amid Market Mayhem

The British Pound and the Euro are proving useful for traders and investors seeking relative stability as the markets for stocks, bonds and oil swing wildly.

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

Euro Outlook Bullish vs USD While DAX Index Eyes 4-Year Low

The Euro may continue to surge against the US Dollar amid the market-wide selloff in global equities with the German DAX index plunging over 20 percent as it eyes four-year lows.

from DailyFX - Market News https://ift.tt/2QhEV5l
via IFTTT

Monday, 9 March 2020

Gold Prices Turn as Trump Stimulus Eyed, Crude Oil Bounces Near 2016 Low

Gold prices fell towards support after U.S. President Donald Trump hinted possible stimulus to combat the coronavirus. Crude oil aims for the best day since September. Will these moves last?

from DailyFX - Market News https://ift.tt/2wKntz8
via IFTTT

Crude Oil Prices Stare at Abyss as USD/NOK Surges to 35-Year High

Crude oil prices may continue to face severe liquidation pressure along with the petroleum-linked Norwegian Krone as it trades against the US Dollar at its weakest point since 1985.

from DailyFX - Market News https://ift.tt/3aGdwBB
via IFTTT

Dollar, Gold, Yen: What are the Top Safe Havens of 2020?

It seems the markets are riding high, but risk is always lurking around the corner. Consider your escape plan before you find yourself in collapsing market. What are the top havens for different co...

from DailyFX - Market News https://ift.tt/37C54Sr
via IFTTT

Japanese Yen, Dow Jones Forecast Turn to Trump Fiscal Stimulus Hype

The Japanese Yen fell, pausing JPY’s rise on resistance as US President Donald Trump hyped fiscal stimulus. The Dow Jones and S&P 500 are fast approaching bear market territory.

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

Recession Risk Intensifies as Crude Crashes & Coronavirus Festers

Recession risk could be ratcheting even higher after the price of crude oil crashed over 20% in a single day, which is likely exacerbating economic stress initially sparked by coronavirus concerns.

from DailyFX - Market News https://ift.tt/2Q2XASd
via IFTTT

USD/MXN Price Outlook: US Dollar vs Mexican Peso- Breakout Stalls

Mexican Peso has plunged with the Coronavirus price breakout taking USD/MXN to fresh record intraday highs. Here are the levels that matter on the USD/MXN weekly chart.

from DailyFX - Market News https://ift.tt/38CfotV
via IFTTT

What Markets are Rising as the Dow Jones and Oil Collapse?

Volatility ravaged capital markets on Monday as crude oil plummeted to levels not seen since early 2016 and stocks collapsed. As risk appetite evaporates and valuations drop, what assets may gain?

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

Gold Price Pierces $1,700 But Pressured by Stock Market Rout

Gold prices leapt to a fresh high earlier today, but the precious metal has since receded amid a widespread stock market selloff and dash for cash. Where is spot gold (XAU/USD) headed next?

from DailyFX - Market News https://ift.tt/3321Whu
via IFTTT

Canadian Dollar: Loonie Decimated, USD/CAD Gaps to Two-Year-Highs

The US Dollar has gotten slammed of recent, but the Canadian Dollar has been hit even harder; and with the plunge in Oil prices, that pain may be set to continue.

from DailyFX - Market News https://ift.tt/2vPhid2
via IFTTT

Dow Jones, Oil Wobble on Virus. Gold Prices, Yen Soar. Fiscal Support Eyed

The Dow Jones gave up most upside progress as emergency easing from the Fed and BoC failed to materially soothe investors. Gold prices and the Japanese Yen soared as crude oil suffered. Amid the co...

from DailyFX - Market News https://ift.tt/3cL5jxJ
via IFTTT

British Pound (GBP) Rallies, FTSE 100 Collapses - UK Markets Webinar

Sterling pushed higher against a range of currencies, while the FTSE 100 slumped into bear market territory in early turnover on the ongoing spread of the coronavirus and an oil complex roiled by S...

from DailyFX - Market News https://ift.tt/2v5d4xC
via IFTTT

Dow Jones, S&P 500, Nasdaq 100 Crash, US Recession Ahead?

The spread of coronavirus and an oil price war raises the risk that the US could fall into a recession. Global equities tumble.

from DailyFX - Market News https://ift.tt/2Ivsq1o
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...