CFD Trading vs Share Dealing
Source: CFD Trading vs Share Dealing
Source: Brexit Debate | Possible outcomes for the UK Economy
Source: Range, Break or Trend Conditions for Dollar, Euro, Pound?
Source: UK Q4 GDP – Brexit Worries Hitting UK Economy
• The pair extended its recent bearish trajectory and remained under some selling pressure for the sixth straight session, also marking the seventh day of losses in the previous eight. • The momentum dragged the pair below the 1.1300 handle for the first time in just over two weeks, though bears took a […]
Source: Russia Foreign Trade registered at .856B, below expectations (.25B) in December
Cristian Maggio, head of emerging markets strategy at TD Securities, notes that the rating agency Moody's raised Russia's ratings to investment grade (IG) on Friday, 8 February, for the first time since 2015. Key Quotes “Moody's now assigns Russia's debt a Baa3 rating and stable outlook.” “Moody's has joined S&P and Fitch, which both assign […]
Crude oil prices may continue to fall after hitting a three-week low if disappointing UK GDP data amplifies fears about a global slowdown in economic growth. Source: Crude Oil Price Drop May Continue if UK GDP Data Disappoints
Sentiment-linked currencies like the Japanese Yen may find more market movement than the British Pound if UK GDP data disappoints, stoking global slowdown fears. Source: Japanese Yen May Move More than British Pound on UK GDP Data
Sean Callow, analyst at Westpac, notes that the AUD/NZD has started this year drifting higher, reducing what Westpac estimates to be its prolonged undervaluation, but this rally was punctured on 23 January by New Zealand’s firmer than expected Q4 inflation data. Key Quotes “Relative commodity prices remain a key source of support for AUD/NZD. While […]
Analysts at Rabobank lists down the key economic releases and events for the markets for the week ahead. Key Quotes “Today is a Japanese holiday but saw China’s FX reserves data, which had the usual frozen-in-aspic-but-don’t-ask-how aspect of staying over USD31. Trillion (which is too low as the economy continues to grow, or claims to, […]
EUR/USD fell for the first day straight on Friday and closed below the important 200-week moving average (MA) support. On Friday, the 10-year bund yield fell to lowest level since October 2016 and could slide even further on German growth concerns. EUR/USD risks falling to January lows near 1.1290 today. The EUR/USD pair could extend […]
The DAX had its lowest close in over three weeks after dismal French, Italian data. The S&P 500 still pulled through. The stall in the Nikkei 225 is quickly turning into a descent. Source: Soft French, Italian Data Sours Sentiment. Nikkei 225 May Fall.
Stocks look more vulnerable, opening the door to US Dollar gains versus ASEAN currencies. Sentiment-linked crude oil prices may fall with weak demand, benefiting the Philippine Peso. Source: ASEAN FX Eye Stock Losses, USD Gains. Crude Oil Fall May Boost PHP
"When it comes to the story of sluggish wage growth, the Groundhog Day we've been seeing since June last year has finally changed its tune," argues ING's chief international economist, James Knightley. "January saw wage growth finally pick-up for full-time workers, and we don't expect this to just be a temporary relief." Key quotes "After the hiring […]
Falling T-bond yields weigh on financials. Energy extends decline as WTI loses nearly 5% this week. Global growth concerns and the U.S.-China trade conflict hurt the market sentiment. After starting the day deep in the negative territory, major equity indexes in the U.S. gained traction toward the end of the session and closed the day […]
EUR/USD daily chart EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA). EUR/USD suffered the worst weekly decline since September 2018. EUR/USD 4-hour chart EUR/USD is trading below its main SMAs suggesting bearish momentum in the medium-term. EUR/USD 30-minute chart EUR/USD is evolving below the 100 and 200 SMA suggesting […]