October 17, 2018 at 12:10AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/uk-wont-lower-food-standards-to-win-postbrexit-trade-deals–minister-1647111 Selected by fonecable.com Search Web: UK won’t lower food standards to win post-Brexit trade deals – minister Advertisements
Westpac’s leading index indicator for the Australian economy -0.06% for the month’s change – prior revised to +0.03% from +0.06% These monthly changes are barely registering. Continue Reading:… Search Web: Australia […]
October 17, 2018 The improvement in markets mood amidst US earnings lifted S&P 500 and Dow Jones prices as AUD/USD lined itself up for a potential reversal to the descending trend line […]
You may recall my post last week on Chna’s hidden debts: Yeah … well now Standard and Poors rating agency have caught on: – Off-balance-sheet borrowings by Chinese local governments could be […]
What a horrible story this is, the murder of Saudi journalist Jamal Khashoggi A restrained statement given the weight of evidence coming to light the poor man has been murdered on Saudi […]
Li Keqiang says Q3 growth will be in a reasonable range Headlines via Bloomberg ForexLive Continue Reading:… Search Web: China Premier Li says confident to achieve economic goals this year
Brazil’s presidential candidate Jair Bolsonaro Just a post for the BRL traders, given Bolsonaro is a front runner (by far) in polls ForexLive Continue Reading:… Search Web: BRL: Brazil Bolsonaro says if […]
October 16, 2018 at 11:30PM Tuesday saw the Dow and S&P 500 stage a stellar rebound to recover slightly from last week’s rout as Netflix shattered earnings. Equities look strong heading into […]
RBA Deputy Governor Debelle spoke earlier, now the Q&A – Says the drag on the economy from lower house prices is still unclear Continue Reading:… Search Web: More from RBA’s Debelle: […]
Uber reckons it’ll be going public within 12 months, the investment banks are lining up valuations north of 100 billion US dollars And yet, the company is issuing bonds for a (relatively) […]
October 16, 2018 at 09:50PM Continue Reading… Author: Bloomberg https://www.investing.com/news/forex-news/dollars-are-out-euros-are-in-as-us-sanctions-sting-venezuela-1646949 Selected by fonecable.com Search Web: Dollars Are Out, Euros Are In as U.S. Sanctions Sting Venezuela
RBA Dep Gov Debelle speech on the labour market in Australia full text: The point about Debelle’s comments here is he doesn’t doesn’t see rising wages, which would be a precondition (so […]
Yeah, especially when it goes back through the rook like it did today More: – Financial conditions and fiscal stimulus are among the tailwinds for the economy Continue Reading:… Search Web: More […]
October 16, 2018 at 10:00PM The recent pickup in volatility keeps the topside targets on the radar for gold as the correction appears to be accompanied by an adjustment in speculative positions. […]
Forex news for NY trading on October 16, 2018 In other markets as the day moves toward the close: – Spot gold is down -$3.30 or -0.27% at $1224 – WTI crude […]
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: Continue Reading:… Search […]
October 16, 2018 at 09:45PM The US Treasury released Treasury International Capital flows for August Tuesday afternoon, revealing some major holders of US debt reduced their holdings. Continue Reading… From: Peter Hanks […]
Mary Daly, President of the Federal Reserve Bank of San Francisco Speaking in a Q&A session Comments along the lines we have to come expect from most Fed officials now. Continue Reading:… […]
Oil prices extending gains on this – Consensus expectations centred on a circa 2mln barrel build So much for that. The number is around 2mln barrels, but a draw not a build. […]
EU chief Brexit negotiator Barnier says he is open to a one year extension – if Theresa May accepts a "two-tier" backstop to avoid a border in Ireland Please, no. Not another year […]
All 11 sectors close higher The US stocks surged higher in trading today. You can point to earnings. You can point to JOLTs. Look for more tomorrow as Netflix is up about […]
Private inventory data survey due ahead of the official data Wednesday morning US time Reuters polling shows analysts expect US crude stock rose last week by around 2.2 million barrels Continue Reading:… […]
Data just out on Treasury holdings China down 5.9bn USD in August, to $1.17tln more to come ForexLive Continue Reading:… Search Web: China’s holdings of US Treasuries fell in August
Apart from the central banks, not a lot else 2015 GMT Mary Daly, President of the Federal Reserve Bank of San Francisco speaking in a Q&A 2120 Reserve Bank of Australia Deputy […]
Trump again touches on the Fed The story isn’t what he’s saying here and whether it’s true or not. The story is that when things dip or sag or go badly, he’s […]
100 hour MA stalled the fall for the second day The AUDUSD has traded in an down and up range, and trades nearer the highs for the day, but the last 4-5 […]
Bitfinex cut off by HSBC Bitfinex and Tether have banking problems. Wells Fargo had been a corresponded for Bitfinex’s Taiwan-based accounts until last year when it all fell apart after Wells refused […]
October 16, 2018 at 08:10PM Global equities put in a bounce from a key area of support today. But now the big quesiton is whether that can hold or whether another wave […]
NZD/JPY turns NZD/JPY is the best-performing FX trade today, in percentage terms. It’s up nearly a full percentage point to 73.92 from 73.20. The chart is also compelling. Continue Reading:… Search Web: […]
Powell speaks at FSOC meeting ForexLive Continue Reading:… Search Web: Fed’s Powell: Worried about the spillover from hard Brexit
up $0.14 or 0.20% on the day US crude oil futures are settling the day at $71.92 up $0.14 or 0.20% The high reached $72.27. The low extended to $71.02. Continue Reading:… […]
Fresh reports from CNN and Al Jazeera: Daily Sabah Washington correspondent Ragip Soylu on some of the gruesome details of Khashoggi’s murder at the Saudi consulate in Turkey. Continue Reading:… Search Web: Khashoggi […]
Pair stays above the MA level. The EURUSD made it to the 100 hour MA and stalled. That MA comes in at 1.1570 now (and moving higher). Earlier in the day the […]
Americans think renting is cheaper than owning Collective beliefs have a habit of coming self-fulfilling prophecies. If everyone thinks Bitcoin is the future of money, the price will go up an order […]
Nasdaq up 2.42% The US stocks continue the run higher with the S&P up 1.8% now and the Nasdaq up an even greater 2.42%. Looking at the hourly chart of the Nasdaq, […]
A tale of two currencies pegged to the dollar Tether rumors continue to swirl in the crypto community as it trades below par. Meanwhile, the newer stable coin from the Winklevoss brothers […]
USD/JPY breaks support The Turkish lira chart is suddenly a bit more interesting. Since August 4, USD/TRY has fallen more than 8% and just fell below the August 16 low. Continue Reading:… […]
Slow Brexit The European Commission has offered Britain the option to stay in the EU beyond December 2020, according to Germany’s FAZ newspaper. ForexLive Continue Reading:… Search Web: Britain given offer to […]
October 16, 2018 at 06:17PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–dollar-off-lows-on-upbeat-us-job-openings-weaker-yen-1646552 Selected by fonecable.com Search Web: Forex – Dollar off Lows on Upbeat U.S. Job Openings, Weaker Yen
Barnier says December can work after all The word ‘deadline’ lost all meaning in politics a long time ago but through the European debt crisis, Greek restructuring and now Brexit negotiations, EU […]
The hangup may be what causes a hard Brexit If you look at the big picture, negotiators in the EU and UK have done a great job on the meat of a […]
Also back above 100 week MA The EURGBP moved lower on the back of better wage data today (mostly). That move, took the price of the pair back below its 200 hour […]
October 16, 2018 at 05:30PM Price has carved out a clear weekly-opening range just above yearly slope support. Here are the targets & invalidation levels that matter on the USD/JPY charts this […]
Hopes for November summit slipping Both sides in the Brexit deal wanted an backstop agreement to be mapped out this week with a deal in November but now there is chatter the […]
Big gains in European (US stock markets) today The European shares have ripped higher as better earnings and stronger growth are negating the negatives from the trade and Brexit and future inflation […]
Stocks on a rip The S&P 500 has launched off the 200-day moving average and is up 40 points, or 1.5%, to 2791. That hasn’t spilled over into gains in USD/JPY but […]
EUROPEAN CLOSING REPORT: TUESDAY – 16TH – OCTOBER – 2018 EUROPEAN CLOSING REPORT TUESDAY – 16TH – OCTOBER – 2018 European cash equity markets have advanced this afternoon with most bourses […]
October 16, 2018 at 04:23PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex-us-dollar-inches-down-as-pound-rises-1646340 Selected by fonecable.com Search Web: Forex- U.S. Dollar Inches Down as Pound Rises
October 16, 2018 at 04:00PM GBP/USD remains bid ahead of the fresh updates to the U.K.CPI, but failure to test the September-high (1.3299) may undermine the recent rebound in the exchange rate. […]
Tether holding reserves at Deltec Tether continues to trade at a 2%-5% discount to the US dollar, breaking the peg as rumors about Bitfinex and banking problems continue. Continue Reading:… Search Web: Reports […]
October 16, 2018 at 03:25PM While risk aversion appears to be on hold, bulls have yet to make a convincing push off of the lows, and this could continue to carry impact […]
Job openings hit record 7.136 million in August … CNBC Job openings hit record 7.136 million in August By Jeff Cox Job openings hit a fresh record in August, indicating companies could […]
October 16, 2018 at 02:42PM Sterling rose to session highs after the latest employment report with UK wages beginning to show some signs of life. The Kiwi is flying high this morning […]
US industrial production increased for a 4th-straight month, but momentum slowed sharply in the third quarter … CNBC US industrial production increased for a 4th-straight month, but momentum slowed sharply in the […]
October 16, 2018 at 02:30PM US stocks have dug-into support and futures are showing a bounce ahead of the US open. Will bulls be able to push higher to erase last week’s […]
Canada: Foreign investment in Canadian securities slowed to $2.8 billion in August … FXSTREET Canada: Foreign investment in Canadian securities slowed to $2.8 billion in August By Eren Sengezer “Foreign investment in […]
Senior Ministers Back UK PM May Ahead of EU Summit: May’s Spokesman … REUTERS Senior Ministers Back UK PM May Ahead of EU Summit: May’s Spokesman LONDON (REUTERS) – Senior British ministers […]
October 16, 2018 at 01:45PM US Dollar bounces in recent days have been shallow, a sign that traders are becoming more eager to sell. Continue Reading… From: Christopher Vecchio, CFA https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx_headlines/2018/10/16/US-Dollar-Losses-Resume-as-Italy-Secures-Budget-Deal-Brexit-News-Lingers.html Selected […]
EU’s Barnier: more time needed for Brexit deal … ABC EU’s Barnier: more time needed for Brexit deal The European Union’s chief Brexit negotiator, Michel Barnier, says a deal with Britain […]
Goldman Sachs top estimates … MARKETWATCH Goldman Sachs top estimates By Liz Hoffman Goldman Sachs Group Inc. said Tuesday that its third-quarter profit rose from a year ago as the Wall […]
Morgan Stanley tops estimates with profit up 20% … MARKETWATCH Morgan Stanley tops estimates with profit up 20% By Liz Hoffman Morgan Stanley said Tuesday its third-quarter profit rose 20%, as […]
October 16, 2018 at 12:20PM Trading sentiment remains poor in the financial markets after the recent drop in stock prices, with safe havens benefiting. Continue Reading… From: Martin Essex, MSTA https://www.dailyfx.com/forex/market_alert/2018/10/16/Risk-Aversion-Still-Dominating-Markets-Webinar.html Selected […]
October 16, 2018 at 12:00PM A sharp snap rally on Monday was soon sold off after fears that stable coin Tether (USDT) was causing problems on a major exchange. Later in the […]
October 16, 2018 at 11:56AM The euro has a tentatively bullish outlook within the multi-month chop, EUR/AUD is generally constructive, while gold looks to trade towards first area of targeted resistance. Continue […]
Eurozone exports jumped in August … MARKETWATCH Eurozone exports jumped in August By Paul Hannon Eurozone exports of goods to the rest of the world rose sharply in August, helping to […]
Walmart cuts its 2019 earnings forecast … CNBC Walmart cuts its 2019 earnings forecast Waverly Colville CNBC.com Walmart lowered its fiscal year 2019 forecast for earnings per share, the company announced […]
October 16, 2018 at 11:00AM Signs of an easing in tensions between the US and Saudi Arabia over the death of Saudi journalist Jamal Khashoggi have helped weaken crude oil prices. Continue […]
Berlin Coalition Emerges Even Weaker After Bavaria Election … DER SPIEGEL Berlin Coalition Emerges Even Weaker After Bavaria Election By Christian Teevs It was an historic defeat for both the center-right […]
October 16, 2018 at 10:07AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–pound-touches-days-highs-on-strong-wage-growth-figures-1645494 Selected by fonecable.com Search Web: Forex – Pound Touches Day’s Highs on Strong Wage Growth Figures
October 16, 2018 at 10:07AM GBPUSD rose to session highs after strong wage figures with the ex-bonus reading hitting the highest level since January 2009. Continue Reading… From: Justin McQueen https://www.dailyfx.com/forex/market_alert/2018/10/16/GBPUSD-Boosted-on-Highest-Wage-Growth-Since-2009.html Selected […]
October 16, 2018 at 09:27AM Sterling has edged higher after soothing words from EU leaders who still believe that a Brexit agreement can be struck if flexibility is shown. But closer to […]
UK Wage growth fastest in almost 10 years … MARKETWATCH UK Wage growth fastest in almost 10 years By Jason Douglas LONDON–Wage growth in the U.K. accelerated over the summer at […]
Finland Economic Output Growth Accelerates … RTT Finland’s Economic Output Growth Accelerates In August By RTTNews Staff Writer Finland’s economic output grew at a faster pace in August, Statistics Finland reported […]
German Import Price Inflation Steady At 4.8% … RTT German Import Price Inflation Steady At 4.8% By RTTNews Staff Writer Germany’s import prices rose at a steady pace in August, figures […]
October 16, 2018 at 08:58AM The DAX is trading around important pattern support and above long-term trend-line, while the CAC is bouncing from 14-month levels. Continue Reading… From: Paul Robinson https://www.dailyfx.com/forex/technical/home/analysis/ger30/2018/10/16/DAX-30-and-CAC-Technical-Outlook-Long-term-Support-in-Play-PRtech.html Selected […]
October 16, 2018 at 08:45AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–dollar-rebounds-from-1month-lows-against-yen-1645432 Selected by fonecable.com Search Web: Forex – Dollar Rebounds From 1-Month Lows against Yen
October 16, 2018 at 07:30AM The British Pound is hoping for signs of a Brexit breakthrough while the Euro eyes comments from Italian premier Conte amid worries of a looming clash with […]
DUP threat over Brexit backstop deal … BBC DUP threat over Brexit backstop deal By Enda McClafferty BBC News The Democratic Unionist Party’s deputy leader has threatened to paralyse the government’s […]
Oil prices rise on signs Iranian crude exports are falling further … RTRS Oil prices rise on signs Iranian crude exports are falling further in October * Iran’s exports of 1.33 […]
EU MORNING BULLETS : 16TH-OCTOBER-2018 * Asian equity markets staying positive this morning, the Nikkei +0.9%, Hang seng +0.1% and the ASX +0.6%. * BoJ branch managers will likely report limited regional […]
October 16, 2018 at 06:12AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–dollar-rebounds-after-us-retail-sales-misses-expectations-1645336 Selected by fonecable.com Search Web: Forex – Dollar Rebounds After U.S. Retail Sales Misses Expectations
China consumer inflation jumps to 7-month high … MARKETWATCH China consumer inflation jumps to 7-month high By MarketWatch BEIJING–China’s consumer inflation accelerated to a seven-month high in September, driven by faster […]
October 16, 2018 The New Zealand Dollar’s near-term uptrend against its US counterpart, bolstered by local headline inflation data, could pick up pace should the RBNZ’s core measure of prices follow suit. […]
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