Forex News
Medtronic reported a nearly 20% drop in quarterly profit on Thursday, hurt by lower sales in its cardiac and vascular business that makes heart valves and stents. Read More: Medtronic posts Q4 profit beat on surgical instruments business strength
Best Buy beat estimates for quarterly same-store sales, as the consumer electronics retailer sold more wearables and tablets. Read More: Best Buy sees solid second quarter as tech services boost profit margin
Yesterday at this time the tone was much different US House Speaker is on the wires saying that:Yesterday of course, Pres Trump held a press conference saying infrastructure would not go on as long as the Dems were investigating him. Read More: Pelosi: Trump said in a letter that infrastructure must wait for USMCA
Lowers GDP estimate for 2Q growth The NY Fed will also update their GDP estimate tomorrow. Last week, there estimate came in at 1.8% down from 2.2% in the previous week. Read More: Goldman Sachs cuts 2Q GDP tracker to 1.5% from 1.6%
Read More: The Fed Seems to Want Markets to Suspend Disbelief on Inflation
Read More: Forex – U.S. Dollar Sustains Highs on Strong Labor Data, Fed Minutes
Read more on https://www.fxstreet.com Read More: EUR/USD bounces sharply and turns positive as US Dollar tumbles
Read more on https://www.fxstreet.com Read More: AUD/USD technical analysis: Dead-cat-bounce vs. Bottom on the Aussie
It’s unusual to see both gold and the US Dollar trade in tandem – unless a wave of risk aversion is sweeping across global financial markets. Read More: Gold Prices Turn Higher Alongside US Dollar Breakout – Will it Last?
Crude oil prices have plummeted more than 11% form the yearly high with the sell-off now eyeing initial support targets. Here are levels that matter on the WTI charts. Read More: Oil Price Outlook: Crude Crushed – Trade Levels to Know for WTI
Prepared by Jeff Halley, Senior Market Analyst Sell May and go away The old stock investing adage of “sell in May and go away” took a distinctively British turn last night, with UK Prime Minister Theresa May’s tenure on its last legs after her latest Brexit proposal was shot down in flames by all […]
WTI hits nine-day low The huge increase in crude oil inventories as at May 17 reported last night by the Energy Information Administration (EIA) was enough to send crude oil prices crashing. The 4.74 million barrels added to stockpiles was well above the near 600,000 analysts had expected and could imply a slackening in […]
Forex news for Asia trading Thursday 23 May 2019 Some movement today in yen crosses, lower and then a retrace pretty much sums it up on a session without much in the way of market-moving news nor data. Read More: ForexLive Asia FX news wrap: yen crosses the movers, not large
Read More: U.S. Treasury backs away from plan for Harriet Tubman on bill next year
Read More: Forex – Pound Falls Amid Brexit Concerns; U.S. Dollar Inches Up After Fed Minutes
Read more on https://www.fxstreet.com Read More: EUR/USD: Data-heavy day ahead, European election uncertainty may restrict gains
Read more on https://www.fxstreet.com Read More: GBP/USD heads back towards 4-month lows amid growing UK political risks
Gold prices hold a narrow range following the FOMC Minutes, but the RSI offers a bearish signal as the oscillator threatens the upward trend carried over from April. Read More: Gold Price Forecast: RSI Offers Bearish Signal Following FOMC Minutes
The upcoming EU parliamentary elections will be the most consequential vote in the transnational organization’s history and could have devastating consequences for Europe and the Euro. Read More: EURUSD at Risk on 2019 European Parliamentary Elections
-Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1-Visit DailyFX: https://www.dailyfx.com Welcome to DailyFX where subscribers get access to actionable and authoritative views on global financial markets. Why subscribe?-Cutting edge real-time insight on actionable market developments-Clearly explained videos to help you build your forex trading strategy and market knowledge-Access to self-serve market information for traders to apply and enhance their […]
Stocks could struggle again soon, crude oil and precious metals too; technical considerations highlighted across several markets. #dowjones #crudeoil #silver #dax -Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1-Visit DailyFX: https://www.dailyfx.com Welcome to DailyFX where subscribers get access to actionable and authoritative views on global financial markets. Why subscribe?-Cutting edge real-time insight on actionable market developments-Clearly explained videos to […]
U.S. Treasury Secretary Steven Mnuchin on Wednesday urged Congress to raise the U.S. debt ceiling as soon as possible, saying the U.S. government was expected to exhaust its borrowing authority around late summer. “I haven’t given an exact date, but I would say it’s late summer,” Mnuchin told a hearing of the House of Representatives […]
USD/JPY has posted slight losses on Wednesday. In the North American session, the pair is trading at 110.29, down 0.18% on the day. In economic news, Japan released strong numbers. Core Machinery Orders climbed 3.8%, crushing the estimate of o.0%. This marked a 5-month high. Japan’s trade deficit declined by JPY 11.0 trillion, beating the […]
Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the year, as higher costs weighed on results. Read More: Lowe's shares crater as higher costs lead to earnings miss and slashed forecast
Apparel maker VF Corp exceeded Wall Street's quarterly sales expectations, boosted by higher demand for its Vans sneakers and outdoor wear brand North Face. Read More: VF Corp's 2020 forecast disappoints as demand for Vans sneakers slows
Lots of Political risks Democrat leaders Pelosi and Schumer will hold a news conference at noon as the mudslinging is underway. Stocks dipped a little but are near prior levels. Read More: Pelosi and Schumer to hold news conference at noon
The Dems respond to the Pres. press conference – We wanted to give this President a signature infrastructure project – Trump may have lacked confidence to work with Democrats on infrastructure Schumer: Read More: Pelosi, Schumer respond LIVE
Read More: Asian Central Banks Move to Curb Rapid Currency Declines
Read More: Forex – Pound Falls After Reports of Pressure on May to Resign
Read more on https://www.fxstreet.com Read More: Oil technical analysis: Huge EIA build sends WTI plummetting towards .00 a barrel