Forex News
Here is why I think that’s wrong China has now confirmed 56 deaths and 1,975. For reference to total number of global SARS cases were 8089 and it cut around 1 percentage point from Chinese GDP. That pandemic also moved much more slowly. To me, this will undoubtedly be worse. Read More: Number of China […]
Shantou, a city of 5.5m on the southern coast will go on lockdown The city of Shantou on the southern coast of China in Guangdong province has announced it will be the first outside of Hubei province to go on lockdown. Read More: A city 1000km from Wuhan just declared a full lockdown
A rise of 15 from the last official estimate. CNBC is reporting that the death toll from the coronavirus has been raised to 41 in China. That is up from 26 previously (a gain of 15). Read More: Confirmed death total now 41 in China (from 26 previously)
The number of deaths surge as well Wuhan city reports that another 15 people died on Friday, bringing the death toll to 41. China also reported today that a relatively healthy young man was killed by the virus. That raises the risk that it might be more deadly that previously believed. Read More: China's says […]
Crude oil prices have plunged amid fears that a coronavirus outbreak will derail a cautious rebound in global economic growth. They may not rise much if that risk abates. Read More: Crude Oil Prices May Struggle Even if Coronavirus Fears Abate
There are a few charts of interest to watch as we head into next week across a few of the major asset classes, with emphasis on FX. -Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1 -Visit DailyFX: https://www.dailyfx.com/tv?CHID=9&QPID=30474-Twitter: https://twitter.com/DailyFX-Facebook: https://www.facebook.com/DailyFX/-LinkedIn: https://www.linkedin.com/company/dailyfx-com #DailyFX Welcome to DailyFX where subscribers get access to actionable and authoritative views on global financial markets. Why […]
-Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1-Visit DailyFX: https://www.dailyfx.com #DailyFXLive #DailyFX 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 […]
Coronavirus developments closely monitored What a start to the year it’s been. There was so much that could have gone wrong in the opening weeks of 2020 and yet, it’s been the completely unexpected that’s rocked the markets. This week it was the spread of Coronavirus that’s making investors nervous. We’re not in full panic […]
OANDA Senior Market Analysts in London and New York, Craig Erlam and Ed Moya, discuss the latest business and market news with Jazz FM Business Breakfast presenter Jonny Hart. On this week’s podcast, Jonny and Craig discuss the outbreak of Coronavirus and its impact on the markets, the ECB and next week’s Bank of England […]
Read More: Forex – Dollar Gains as U.S. Services Activity Hits Highest Since March
Read More: How the Euro Could Defy Analysts and Options Market Ahead of Fed
Read more on https://www.fxstreet.com Read More: EUR/USD Price Analysis: Euro ends the week below 1.1039 resistance
Read more on https://www.fxstreet.com Read More: Gold Price Analysis: XAU/USD ends the week above the 70/oz level
The stock market enjoyed an incredible rally in 2019 despite a string of warranted concerns. While many have been resolved, some of the most worrisome remain. Will they cause a stock market crash i… Read More: Will the Stock Market Crash in 2020?
The Australian Dollar has been hit by the risk-appetite pullback occasioned by the spread of Wuhan-strain coronavirus. This week may see some domestic focus return, if headlines allow, with key inf… Read More: Australian Dollar Heavy, Eyes CPI As Last Big Clue Before RBA
The coronavirus outbreak is intensifying, and Beijing is scrambling. Outrage is growing as local officials failed to address the contagion risks earlier. Millions of Chinese are unable to travel to see their families to celebrate the Lunar New Year, which is the equivalent of the Thanksgiving and Christmas holiday combined. China has the highest emergency […]
U.S. stocks climbed on opening Friday, with equity benchmarks set to end the week mostly higher, despite anxieties around a fast-moving Asia flu outbreak that has seen death tolls rise in China. Investor optimism following quarterly results buoyed shares of companies like Intel Corp. and American Express. How are benchmarks performing? The Dow Jones Industrial […]
Intel grew revenue 8% in the fourth quarter even as it faced greater competition from AMD. Read More: Intel's stock jumps 7% on better-than-expected earnings and revenue
American Express said its stronger-than-forecast profit was driven in large part by a “well-balanced mix” in fee, spending and lending revenues. Read More: American Express earnings beat expectations on strong card fee revenues, shares rise
Mnuchin spoke to Reuters in Davos The US announced it would issue 20-year bonds this year as it copes with a deficit at 5% of GDP. ForexLive Read More: Mnuchin says he expects China to issue more tariff waivers
Back to pre-Iran attack levels Gold is catching a safe-haven bid in a quick rally to $1574 from $1559 at the start of US trading. The market is divided at the moment. There is a big cohort of people who continue to buy dips in stocks while a second cohort is bidding up safe assets […]
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Read More: Stocks – Wall Street Drifts, While Intel Surges on Strong Earnings
Read more on https://www.fxstreet.com Read More: US: Markit Manufacturing PMI drops to 51.7 in January vs. 52.5 expected
Read more on https://www.fxstreet.com Read More: Risk of AUD/USD dropping toward 0.65 on a 12-month view – Rabobank
UK PMI surge should see the Bank of England refrain from cutting interest rates next week. Euro eyes Italy risk, while crude oil plunges. Read More: GBP/USD Forecast: Levels to Watch, Crude Oil Prices Plunge – US Market Open
The US Dollar has pushed up to a fresh six-week-high, testing a big zone of resistance. Can USD bulls continue to push? Read More: US Dollar Tests Fibonacci Resistance at Fresh Six-Week-Highs
Daily Markets Broadcast 2020-01-24 Stocks mixed as corona virus causes concerns US indices started weakly but recovered into the close as the global spread of the corona virus continues. Oil prices hit the lowest in 2-1/2 months. US30USD Daily Chart Source: OANDA fxTrade The US30 index hit a 9-day low yesterday amid escalating concerns […]
Death toll rises The latest news out of China reports that 10 cities in Hubei province (where Wuhan is situated) have suspended some public transport as the number of victims falling to the virus has risen to 25 with a total of 830 other cases reported as at yesterday. China press has reported that […]
Southwest Airlines profits tumbled more than 20% after the 737 Max drove up costs. Read More: Southwest Airlines profits tumble after Boeing 737 Max grounding drove up costs