Sunday, 28 June 2020

Hang Seng Index, US Equity Futures at Risk as Covid-19 Cases Surge

APAC stocks may fall at the open after Wall Street trade ended a downbeat note last Friday. Surging virus cases around are world reinforcing the fear of another Covid-19 wave.

from DailyFX - Market News https://ift.tt/3dHzc1o
via IFTTT

NZD/USD Consolidation Generates Drop in Net-Short Interest

The range bound price action in NZD/USD appears to be generating profit-taking behavior as the IG Client Sentiment report reveals a drop in net-short interest.

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

S&P 500, Crude Oil Prices, Energy ETFs: Relations and Correlations

The outlook for the S&P 500 seems to have become more important than the price of crude oil for some energy sector ETFs. Will this dynamic last and what are the risks ahead?

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

Canadian Dollar Trading: US Economic Growth Takes Center Stage

A macro forex trading guide exploring the US-Canada relationship and how to trade the Canadian Dollar through the prism of the Core-Perimeter model.

from DailyFX - Market News https://ift.tt/3icKEW8
via IFTTT

AUD, APAC Stocks May Extend Losses on Growing Covid-19 Cases

AUD and Asia-Pacific stock markets may extend their losses versus the haven-linked US Dollar as growing Covid-19 cases continues to spoil risk appetite.

from DailyFX - Market News https://ift.tt/2YEun4w
via IFTTT

Markets Week Ahead: Dow Jones, US Dollar, Gold Prices, Rising Virus Cases

The Dow Jones and the S&P 500 ended this past week in a position to perhaps set up a recovery for anti-risk assets like the US Dollar and Japanese Yen. Gold is appearing to breakout higher as finan...

from DailyFX - Market News https://ift.tt/386nXOU
via IFTTT

S&P 500 and FTSE 100 Forecasts for the Week Ahead

Global equity markets at risk from rising coronavirus cases. UK assets remain unloved over Brexit

from DailyFX - Market News https://ift.tt/3ibz51q
via IFTTT

Saturday, 27 June 2020

USD/MXN Outlook: Banxico Steps in but Risk Sentiment Continues as Main Driver

As new virus cases increase at an undesirable rate worldwide, risk-on assets like the Peso continue to be at the mercy of risk sentiment

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

Euro Forecast: Choppy Trading Likely in EUR/USD on Quarter-End Flows

The coming week sees the start of a new month and a new quarter, when portfolio rebalancing could result in turbulent trading in major assets, including EUR/USD and the Euro crosses.

from DailyFX - Market News https://ift.tt/2NCVyX8
via IFTTT

Gold Price May Ride the Tailwind of Virus Uncertainty, Soft US Dollar

Gold prices may rise as global virus uncertainty boosts demand for safety. US Dollar weakness amid accommodative central bank policy could provide added support.

from DailyFX - Market News https://ift.tt/3i9sDIg
via IFTTT

US Dollar May Rise: Non-Farm Payrolls, Jobless Claims, FOMC Minutes Eyed

The US Dollar may rise as initial jobless claims stabilize at historically elevated levels. Non-farm payrolls may surprise higher, but FOMC minutes could sink the S&P 500 and boost USD.

from DailyFX - Market News https://ift.tt/2Zbm1k0
via IFTTT

Friday, 26 June 2020

Crude Oil Prices May Fall on Rising Virus Cases. Growth Outlook at Risk?

Crude oil prices may come under pressure as the number of Covid-19 cases in the world’s largest economy continue to surge and threaten to derail the already-dented growth outlook.

from DailyFX - Market News https://ift.tt/2BLGQu8
via IFTTT

Australian Dollar Outlook Bearish as Coronavirus Cases Spike

The Australian Dollar may come under increasing downside pressure as local coronavirus cases spike and tensions with China escalate.

from DailyFX - Market News https://ift.tt/3eDv9Vc
via IFTTT

GBP/USD, AUD/JPY & More – Charts For Next Week

Cable has a clean chart to work with, along with a few of the JPY cross-rates (AUD/JPY in focus).

from DailyFX - Market News https://ift.tt/387v3To
via IFTTT

Crude Oil Prices May Fall as a Double Top Takes Shape

Crude oil prices look to be carving out a double top below the $44/bbl figure, hinting that a downturn is ahead. Gold prices ‘ scope for gains capped by US Dollar.

from DailyFX - Market News https://ift.tt/2Nw0UU3
via IFTTT

British Pound Latest (GBP) - GBP/USD Coiling for a Breakout

GBP/USD bracing for another round of intensive negotiations between the UK and EU, while concerns mount over US tariffs.

from DailyFX - Market News https://ift.tt/2Nx1SiU
via IFTTT

GBP/USD, S&P 500 Stall as Coronavirus Concerns Eat at Market Sentiment

The S&P 500 stock index stalled alongside GBP/USD as coronavirus cases surged, boosting haven USD demand. Germany's DAX 30 bounced as the ECB announced a new lending facility.

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

Thursday, 25 June 2020

How China-ASEAN Relations Impact SGD, IDR, MYR, PHP

Learn about the ASEAN-China relationship and how to trade ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using the Core-Perimeter model.

from DailyFX - Market News https://ift.tt/3i1VY7B
via IFTTT

S&P 500, Crude Oil Prices, Energy ETFs: Relations and Correlations

The S&P 500 outlook seems to have become more important for certain energy sector ETFs rather than the price of crude oil. Will this dynamic last and what are the risks ahead?

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

Hang Seng Eyes Resistance, Stocks May Wobble on Virus Woes, US-HK Bill

APAC stocks may rise after equities rose on Wall Street. Still, virus concerns and a newly approved US sanction bill over Hong Kong’s autonomy will likely weigh on sentiment.

from DailyFX - Market News https://ift.tt/3849geZ
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...