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
FL: Australia Westpac Leading Index for September: -0.06% m/m (prior +0.06%) October 17, 2018 at 12:30AM
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 […]
Dow Jones Price Gain to Fuel AUD/USD Reversal to Chart Trend Line?
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 […]
FL: S&P on China local government $5.8 trillion “debt iceberg with titanic credit risks” October 17, 2018 at 12:13AM
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 […]
FL: G7 issue statement on disappearance of Khashoggi October 17, 2018 at 12:01AM
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 […]
FL: China Premier Li says confident to achieve economic goals this year October 16, 2018 at 11:46PM
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
FL: BRL: Brazil Bolsonaro says if elected central bank will remain independent October 16, 2018 at 11:39PM
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 […]
S&P 500 Posts Best Performance Since March, Netflix Shatters Earnings
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 […]
FL: More from RBA’s Debelle: Drag on economy from lower house prices is unclear October 16, 2018 at 11:13PM
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: […]
FL: UBER said to be worth +100 billion USD … will issue 500mln debt at 7.5%? Go figure October 16, 2018 at 11:00PM
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) […]
Dollars Are Out, Euros Are In as U.S. Sanctions Sting Venezuela
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
FL: RBA’s Debelle says unemployment cold fall further before wages pick up October 16, 2018 at 10:21PM
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 […]
FL: More Fed’s Daly: Stock market correction not necessarily a worrisome thing October 16, 2018 at 10:09PM
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 […]
Gold Risks Larger Correction Amid Adjustment in Speculative Position
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. […]
FL: Forexlive Americas FX news wrap: JOLTs data jolts the US stocks higher October 16, 2018 at 10:01PM
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 […]
FL: Trade ideas thread – Wednesday 17 October 2018 October 16, 2018 at 09:50PM
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 […]
USD Unmoved Following Robust August TIC Data
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 […]
FL: Fed’s Daly: Inflation effectively at target, beyond full employment, growth robust October 16, 2018 at 09:42PM
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:… […]
FL: OIL – private inventory data shows surprise draw in headline stocks October 16, 2018 at 09:31PM
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. […]
FL: FT report that Barnier open to possibility of a 1-year extension of Brexit transition October 16, 2018 at 09:14PM
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 […]
FL: Stocks surge. Gains of over 2% across the board. October 16, 2018 at 09:09PM
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 […]
FL: Oil – heads up for the inventory data due around the bottom of the hour October 16, 2018 at 09:07PM
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:… […]
FL: China’s holdings of US Treasuries fell in August October 16, 2018 at 09:01PM
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
FL: Here is what’s on the economic calendar in Asia today – Fed, RBA speakers October 16, 2018 at 08:59PM
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 […]
FL: Trump: My biggest threat is the Fed October 16, 2018 at 08:39PM
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 […]
FL: The AUDUSD hangs near highs in down and up session October 16, 2018 at 08:38PM
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 […]
FL: Bitfinex continues its quest for a bank account; reportedly finds one in Hong Kong October 16, 2018 at 08:21PM
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 […]
US Dollar Price Action Setups: USD Tests 95 as Dow, S&P Bounce
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 […]
FL: NZD/JPY held the lows in the market rout, now it’s turned higher October 16, 2018 at 08:06PM
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: […]
FL: Fed’s Powell: Worried about the spillover from hard Brexit October 16, 2018 at 07:43PM
Powell speaks at FSOC meeting ForexLive Continue Reading:… Search Web: Fed’s Powell: Worried about the spillover from hard Brexit
FL: US crude oil futures settle at $71.92 October 16, 2018 at 07:39PM
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:… […]
FL: Khashoggi was beaten and drugged before he was killed (and there are recordings) October 16, 2018 at 07:35PM
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 […]
FL: EURUSD reaches 100 hour MA…stalls October 16, 2018 at 07:25PM
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 […]
FL: This is a bad sign for the US housing market October 16, 2018 at 06:59PM
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 […]
FL: Stocks continue their run higher. S&P up 1.80% October 16, 2018 at 06:55PM
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, […]
FL: The flipside of Tether is the Gemini dollar October 16, 2018 at 06:51PM
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 […]
FL: USD/TRY falls to the lowest since August 10 October 16, 2018 at 06:41PM
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:… […]
FL: Britain given offer to remain in EU beyond Dec 2020 – report October 16, 2018 at 06:38PM
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 […]
Forex – Dollar off Lows on Upbeat U.S. Job Openings, Weaker Yen
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
FL: Europeans are the world champions of shifting deadlines October 16, 2018 at 06:29PM
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 […]
FL: Ireland issues might be better in a separate agreement rather than Brexit doc October 16, 2018 at 06:09PM
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 […]
FL: EURGBP corrects higher lower levels. Above 100 and 200 hour MAs October 16, 2018 at 06:01PM
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 […]
USD/JPY Technical Outlook: Price Testing Yearly Up-Trend Support
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 […]
FL: December EU Brexit summit will leave a tight timeline October 16, 2018 at 05:00PM
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 […]
FL: European shares rip higher October 16, 2018 at 04:48PM
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 […]
FL: S&P 500 extends gain to 40 points October 16, 2018 at 04:31PM
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 October 16, 2018 at 04:34PM
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 […]
Forex- U.S. Dollar Inches Down as Pound Rises
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
GBP/USD Rebound Vulnerable to Slowing U.K. Consumer Price Index (CPI)
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. […]
FL: Reports about Tether’s new bank could help put the rumors to rest October 16, 2018 at 04:05PM
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 […]
EUR/JPY, GBP/JPY Primed as Risk Aversion Themes Yet to Abate
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 October 16, 2018 at 03:27PM
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 […]
NZD Firms on Inflation Jump, Strong Wages Buoy GBP – US Market Open
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 October 16, 2018 at 02:40PM
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 […]
US Dollar Dips Below 95.00; Dow, S&P Attempt to Recover From Support
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 October 16, 2018 at 02:20PM
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 October 16, 2018 at 02:15PM
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 […]
US Dollar Erases Gains as Italy Secures Budget Deal, Brexit News Looms
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 October 16, 2018 at 01:35PM
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 October 16, 2018 at 12:46PM
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 October 16, 2018 at 12:42PM
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 […]
Risk Aversion Still Dominating Markets | Webinar
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 […]
Bitcoin (BTC) Price: Driven by Fidelity and Tether (USDT)
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 […]
Trading Outlook for EUR/USD, EUR/AUD, EUR/JPY, Gold Price & More
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 October 16, 2018 at 11:43AM
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 October 16, 2018 at 11:40AM
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 […]
US Crude Oil Price Dips as US-Saudi Tensions over Khashoggi Ease
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 October 16, 2018 at 10:20AM
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 […]
Forex – Pound Touches Day’s Highs on Strong Wage Growth Figures
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
GBPUSD Boosted on Highest Wage Growth Since 2009
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 […]
Brexit Latest: PM May Needs Support From a Fractured Cabinet
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 October 16, 2018 at 09:47AM
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 October 16, 2018 at 09:25AM
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 October 16, 2018 at 09:23AM
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 […]
DAX 30 and CAC Technical Outlook: Long-term Support in Play
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 […]
Forex – Dollar Rebounds From 1-Month Lows against Yen
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
Pound Awaits Brexit Deal News, Euro Eyes Italian PM Conte Speech
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 October 16, 2018 at 08:02AM
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 October 16, 2018 at 07:27AM
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 October 16, 2018 at 07:07AM
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 […]
Forex – Dollar Rebounds After U.S. Retail Sales Misses Expectations
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 October 16, 2018 at 06:28AM
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 […]
NZD/USD Price Uptrend Picks Up on NZ CPI, RBNZ Core Inflation Eyed
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. […]