TALKING POINTS – YEN, AUSSIE DOLLAR, EURO, STOCKS, ITALY, PMI, RETAIL SALES Aussie Greenback struggles to make good on a second day of upbeat information stream Yen could prolong good points as bellwether inventory index futures trace at risk-off bias EZ and US information stream, political jitters in Italy could bitter...
TALKING POINTS – GLOBAL GROWTH, US-CHINA TRADE WAR, FED, YEN, US DOLLAR Aussie Greenback up on Chinese language GDP, NZ Greenback down on CPI knowledge Sentiment might bitter on Fed Beige Guide, Morgan Stanley 1Q report Fed quantitative tightening probably behind slowing world progress ASIA PACIFIC TRADING SESSION RECAP The Australian and Canadian...
The warnings of a slower economic system and higher elementary dangers to the monetary system relayed to the market by the IMF and main central banks this previous week appear to have been firmly ignored. Are the favorable tendencies in danger urge for food strong sufficient to revive...
TALKING POINTS – US DOLLAR, YEN, BANK OF AMERICA, ZEW, S&P 500 Downbeat RBA assembly minutes set off risk-off G10 FX response German ZEW, US industrial manufacturing, BofA outcomes due forward S&P 500 firms’ earnings on tempo to fall within the first quarter A downbeat tone in minutes from April’s RBA meeting...
The warnings of a slower economic system and better elementary dangers to the monetary system relayed to the market by the IMF and main central banks this previous week appear to have been firmly ignored. Are the favorable tendencies in threat urge for food strong sufficient to revive...
NORDIC FX, NOK, SEK WEEKLY OUTLOOK Swedish Krona, Norwegian Krone in danger from higher-than-usual volatility Development-sensitive occasion threat out of Europe, China, US to affect NOK, SEK Nordic information docket: Sweden unemployment charge and Norway commerce stability See our free information to discover ways to use economic news in your trading strategy! The...
Euro (EUR) Speaking Factors: EURUSD again above 1.1300 for the primary time in almost three weeks. Information could show supportive however worries stay over the energy of the Euro-Zone financial system. The DailyFX Q2EUR Forecast is on the market to obtain together with our short- and medium-term have a look at...
CRUDE OIL PRICE FORECAST – TALKING POINTS: Crude oil has climbed practically 40 % to this point this yr in response OPEC slashing manufacturing to revive provide and demand imbalances with additional cuts nonetheless on the desk Downward revisions to world financial progress forecasts proceed to mount, nonetheless, which threatens...
Oil Value Speaking Factors Crude struggles to carry its floor amid the weakening outlook for demand, and up to date value motion raises the danger for a bigger pullback because the Relative Power Index (RSI) seems to be on the cusp of flashing a textbook promote sign. Oil Costs...
Asia Pacific Market Open Speaking Factors EUR/USD extends its bullish reversal regardless of cautious Draghi US Greenback features on FOMC minutes, not sufficient to trim losses AUD/USD might climb on Chinese language CPI as equities rally in Asia Discover out what the #1 mistake that traders make is and how one can...