Thursday, 14 May 2020

Euro Stoxx 50, IBEX-35 Price Outlook: Bulls Retreat as Virus Risks Resurface

European stocks move lower this week as coronavirus risks reemerge on worries that the economy may have to endure a longer than previously thought shutdown

from DailyFX - Market News https://ift.tt/2yW1RBu
via IFTTT

S&P 500 Outlook: US-China Tensions Puts S&P 500 at Risk of a Breakdown

Key levels to watch for the S&P 500. US-China tensions add to concoction of bearish catalysts.

from DailyFX - Market News https://ift.tt/3cw50qn
via IFTTT

Euro Latest - EURUSD Continues to Press Down on Support

The Euro remains under pressure against the US dollar after Fed Chair Jerome Powell closed the door on negative interest rates in the US, boosting the value of the greenback.

from DailyFX - Market News https://ift.tt/2Apxt2J
via IFTTT

Crude Oil Outlook - CFTC Advises Vigilance Over Possible Negative Pricing

The US Commodity Futures Trading Commission has sent out an advisory notice to exchanges warning that the price of WTI crude futures could turn negative again as the June expiry date nears.

from DailyFX - Market News https://ift.tt/3btd6yn
via IFTTT

British Pound (GBP) Latest: GBP/USD to Drop to April Low?

GBP/USD is in danger of falling to the low at 1.2166 reached on April 6 as concerns about a second wave of coronavirus infections drive traders towards safe havens such as the US Dollar.

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

US Dollar May Rise on Jobless Data as Fed Warns of Long-Term Impact

The US Dollar may rise if demand for liquidity in times of unprecedented uncertainty is amplified after US jobless data is published following Fed Chairman Jerome Powell’s warning.

from DailyFX - Market News https://ift.tt/2T3chpM
via IFTTT

Wednesday, 13 May 2020

Gold Prices Slip Back After Early Gains On Hopes For US Stimulus

Gold prices couldn’t hang on to early gains made as the US Federal Reserve Chairman reminded markets that they could be facing the worst economic downturn since World War Two.

from DailyFX - Market News https://ift.tt/2y1iJGD
via IFTTT

NZD/USD Levels to Watch as RBNZ Expands Large Scale Asset Purchases

NZD/USD may continue to give back the advance from the April low (0.5843) as the Reserve Bank of New Zealand (RBNZ) expands its Large Scale Asset Purchase (LSAP) program.

from DailyFX - Market News https://ift.tt/35XJ2tB
via IFTTT

Australian Dollar Stumbles As Covid Sees 594,000 Jobs Lost In April

The Australian Dollar was braced for terrible employment news, and duly got it. More jobs were lost than expected last month although the unemployment rate did not rise as sharply as had been feared.

from DailyFX - Market News https://ift.tt/2LqCE4P
via IFTTT

EUR/USD Rebound Fizzles as Fed Chairman Powell Tames Bets for NIRP

EUR/USD may trade within a more defined range in the days ahead as Federal Reserve Chairman Jerome Powell tames speculation for a negative interest rate policy (NIRP).

from DailyFX - Market News https://ift.tt/2yJg2db
via IFTTT

S&P 500 at Tipping Point? Fed Chair Powell Crushed Negative Rate Bets

The S&P 500 may be facing a tipping point as Fed Chair Jerome Powell struck down negative rate expectations. This could leave the Australian Dollar at risk as it follows Wall Street.

from DailyFX - Market News https://ift.tt/2zx2bqq
via IFTTT

US Dollar, VIX Index Pop as S&P 500 Price Plummets Post-Powell

Fed Chair Powell echoed opposition to negative interest rates and highlighted the lasting damage faced by the global economy due to the coronavirus, which boosted the US Dollar and VIX Index but pu...

from DailyFX - Market News https://ift.tt/35Ysl1k
via IFTTT

Euro Stoxx 50, IBEX-35 Price Outlook: Bulls Retreat as Virus Risks Resurface

European stocks move lower this week as coronavirus risks reemerge on worries that the economy may have to endure a longer than previously thought shutdown

from DailyFX - Market News https://ift.tt/35XcTT3
via IFTTT

DAX 30 Forecast: Index Threatens Range Break Out, Awaits GDP

The DAX 30 has traded sideways since early April, establishing little progress in either direction. Trading near the topside of its range, can the index break out?

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

Dow, S&P Continue Pullback - Are Bears Brewing for Another Push?

US equities have struggled this week after a really strong seven-week stretch. Are bears making a reappearance or is this a mere pullback in a bullish trend?

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

Stock Market Forecast: Should I Sell in May and Go Away?

Will the ‘sell in May and go away’ stock market anomaly come to fruition this year amid coronavirus recession risk and rekindled US-China trade war tension? Or will Fed balance sheet growth and fis...

from DailyFX - Market News https://ift.tt/3cw1CeP
via IFTTT

US Recession Watch, May 2020 - US Yield Curve Hides the Truth

The Federal Reserve’s extraordinary stimulus efforts have had an understandable impact on the US Treasury yield curve – which has lost some utility.

from DailyFX - Market News https://ift.tt/2T2vBU7
via IFTTT

S&P 500, Gold, Oil : Index & Commodity Charts to Watch & More

Stocks look like they could roll over here soon, gold continues to coil up, while oil has a pattern that suggests a move could be near.

from DailyFX - Market News https://ift.tt/35TbgG4
via IFTTT

Gold Struggles With Trend Resistance Ahead of Key Fed Speech

Gold continues to battle a narrowing trading range set-up over the last month. Will Fed Chair Jerome Powell’s speech later today spark a breakout?

from DailyFX - Market News https://ift.tt/35Uhc1u
via IFTTT

Euro Latest: EUR/USD Could Break Lower, Powell Speech in Focus

EUR/USD is in danger of breaking below trendline support as the markets wait for a 1300 GMT speech on current economic conditions by US Federal Reserve Chair Jay Powell.

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