Forex news for trading on December 31, 2018. In other markets as the year comes to an end: – Crude oil futures settled the year at $45.41. That was down 24% from […]
FL: It’s a wrap. Good riddance 2018. Major indices end the day with gains/down on year December 31, 2018 at 09:15PM
Dow leads the way today. Major indices close the year in the red after a dismal December The major indices scratched out smallish gains on the last trading day of the year. […]
FL: US crude oil futures settle at $45.41 at the end of the year December 31, 2018 at 08:09PM
Up $0.08 or -0.18% For the year, the price of crude futures fell 24.8% from the 2017 close. That is a big loss in what was probably expected to be a good […]
FL: The biggest FX mover for the year? The JPY takes the prize. December 31, 2018 at 07:34PM
The major currency biggest winner is the JPY If you were to take the % changes of the major currencies vs. each other and added up those % changes, the winner for […]
FL: The big January seasonal trade once again got started in December December 31, 2018 at 06:58PM
Gold is always a great way to start the year One of the best seasonal trends in any market is already under way. There is a major tailwind for gold early in […]
FL: There is good volatility and there is bad volatility December 31, 2018 at 06:13PM
Stanley Druckenmiller on how markets have changed When Stanley Druckenmiller complains, you know it’s tough. He’s a billionaire and undoubtedly one of the greatest traders of all time. Continue Reading:… Search Web: […]
FL: USDJPY trades to new session low. December 31, 2018 at 04:23PM
Trades at lowest level since June 26 The USDJPY has traded to a new session low at 10968. The low took out the August low at 109.75 and traded to the lowest […]
FL: Dallas Fed December manufacturing index -5.1 vs +15.0 expected December 31, 2018 at 03:32PM
Dallas-area manufacturing survey And that’s your final US economic data point of the year. It’s a huge miss. The regional manufacturing numbers in December have been all over the place. Richmond was […]
The unexpected moneymaker in 2018: euro zone government bonds
December 31, 2018 at 03:25PM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/the-unexpected-moneymaker-in-2018-euro-zone-government-bonds-1733846 Selected by fonecable.com Search Web: The unexpected moneymaker in 2018: euro zone government bonds
FL: The GBP is the strongest while the NZD is the weakest today December 31, 2018 at 02:40PM
A snapshot of the strongest and weakest A look at the strongest and weakest currencies on the last day of the calendar year is showing that the GBP is the strongest, while […]
FL: US stock markets set for gain on US-China trade progress December 31, 2018 at 02:18PM
S&P 500 futures up 17.5 points US markets are slated to end the final trading day of the year on a good note. S&P 500 futures are up 17.5 points to 2503 […]
FL: ForexLive European morning FX news wrap: Pound gains as markets steady ahead of the new year December 31, 2018 at 12:05PM
Forex news from the European morning session – 31 December 2018 Headlines: Markets: – GBP leads, NZD lags on the day – European equities mixed, a little higher mostly; E-minis up 0.8% […]
FL: Sterling extends gains as dollar loses some ground on the day December 31, 2018 at 11:52AM
Cable rises to a high of 1.2779 on the day ForexLive There aren’t any fresh headlines driving the jump in sterling today but clearing resistance from the 200-bar MA on the 4-hourly […]
Global Stocks Rise to End Volatile Year; Oil Jumps: Markets Wrap
December 31, 2018 at 11:20AM Continue Reading… Author: Bloomberg https://www.investing.com/news/forex-news/global-stocks-rise-to-end-volatile-year-oil-jumps-markets-wrap-1733626 Selected by fonecable.com Search Web: Global Stocks Rise to End Volatile Year; Oil Jumps: Markets Wrap
FL: China’s Xi says that economy stayed within reasonable range in 2018 December 31, 2018 at 11:11AM
China president Xi Jinping delivers his annual new year’s eve address ForexLive Continue Reading:… Search Web: China’s Xi says that economy stayed within reasonable range in 2018
FL: US equity futures hold steady ahead of North American trading December 31, 2018 at 10:47AM
Risk sentiment is holding up so far on the day ForexLive E-minis are trading about 0.8% higher at the moment and European stocks are also posting decent gains in the morning so […]
WTI Wave Analysis – 31 December , 2018
December 31, 2018 at 10:48AM WTI reversed from support area Further gains are likely WTI continues to rise after the earlier upward reversal from the support area lying between the long-term support […]
GBPCHF reversed from support level 1.2400
December 31, 2018 at 10:46AM GBPCHF reversed from support level 1.2400 Further gains are likely GBPCHF recently reversed up from the key support level 1.2400 (which also reversed the previous impulse wave […]
FL: US shutdown: Impasse looks set to continue indefinitely December 31, 2018 at 10:13AM
No signs of progress as Democrats get ready to take over the House ForexLive Democrats will take control of proceedings at the House starting this Thursday and their first order of business […]
FL: Unhappy with Theresa May’s version of Brexit? Try and find out if you can do better… December 31, 2018 at 09:29AM
One for the giggles and familiarising with the possible scenarios here It took me 9 steps to reach a conclusion on a hard Brexit but I reckon that’s one of the easier […]
FL: SNB total sight deposits w.e. 28 December CHF 574.2 bn vs CHF 575.5 bn prior December 31, 2018 at 09:08AM
Latest data released by the Swiss National Bank – 31 December 2018 – Domestic sight deposits CHF 479.0 bn vs CHF 474.5 bn prior Sight deposits actually declining over the past few […]
FL: USD/JPY nears test of 110 handle despite optimistic risk sentiment December 31, 2018 at 08:51AM
A hint of caution again, perhaps? ForexLive Equities are still doing decently for the most part – spurred by Trump’s upbeat comments over the weekend – with European equities trading marginally higher […]
Stocks Advance to End Tumultuous Year; Oil Jumps: Markets Wrap
December 31, 2018 at 08:20AM Continue Reading… Author: Bloomberg https://www.investing.com/news/forex-news/stocks-advance-to-end-tumultuous-year-oil-jumps-markets-wrap-1733551 Selected by fonecable.com Search Web: Stocks Advance to End Tumultuous Year; Oil Jumps: Markets Wrap
FL: USD/JPY nears test of 110 handle despite optimistic risk sentiment December 31, 2018 at 08:51AM
A hint of caution again, perhaps? ForexLive Equities are still doing decently for the most part – spurred by Trump’s upbeat comments over the weekend – with European equities trading marginally higher […]
FL: Oil posts decent gains as risk holds steady, but set for first yearly drop since 2015 December 31, 2018 at 07:36AM
Oil is up 1.5% on the day but will end the year lower for the first time since 2015 ForexLive Oil’s rise higher today is helping to give the loonie an added […]
FL: ECB’s Lautenschlaeger sees possible rate hike next year on inflation December 31, 2018 at 07:04AM
ECB executive board member, Sabine Lautenschlaeger, spoke in an interview with Deustchlandfunk radio over the weekend – Hopes and expects that there will be a rate change in 2019 ForexLive Continue Reading:… […]
FL: Can gold keep up its good run into the new year? December 31, 2018 at 06:46AM
Gold is up by nearly 5% in the month of December ForexLive And that owes much to the weakness in the dollar this month as traders continue to digest the implications of […]
FL: Aussie leads as equity gains lift sentiment ahead of European markets open December 31, 2018 at 06:31AM
Currencies are following the mood set out by equities ForexLive Asian equities have held up well and posted decent gains following . That helped to give a push higher in the aussie […]
Asian Stocks End Mixed, Most Bourses Down For 2018 Overall
December 31, 2018 at 05:57AM Many regional indexes were closed, or closed early, for New Year’s Eve. Those that were open put in a mixed performance following news that Chinese manufacturing wilted […]
FL: Not much on the economic calendar today in the European trading session December 31, 2018 at 05:10AM
SNB sight deposits data the only notable release ForexLive 0900 GMT – SNB total sight deposits w.e. 28 December Your weekly check of the deposits kept at the SNB by Swiss banks. […]
FL: A happy NYE to all! (Party hard people!) December 31, 2018 at 04:17AM
To al ForexLive traders who is celebrating New Years Eve in the hours ahead – have a fantastic time and stay safe! I am heading off soon, so I’ll take this opportunity […]
FL: ForexLive Asia FX news wrap: Weekend Trump tweet lifts AUD a bit December 31, 2018 at 04:11AM
Forex news for Asia trading Monday 31 December 2018 US President Trump tweeted that trade talks with China were ‘moving along very well’ and Italy’s parliament passed the country’s budget. Apart from […]
USD Flat In Asia As US-China Trade Talks Progress
December 31, 2018 at 04:31AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/usd-flat-in-asia-as-uschina-trade-talks-progress-1733488 Selected by fonecable.com Search Web: USD Flat In Asia As US-China Trade Talks Progress
USD/PHP Eyes CPI. Asia Markets Await US Shutdown News, Jobs & Fed
December 31, 2018 at 04:30AM US Dollar weakness boosted ASEAN currencies. The Philippine Peso eyes domestic inflation data. Asia markets await key US new around jobs, the shutdown and Fed Chair Jerome […]
NOK/SEK Technical Analysis: Bearish Forecast for 2019
December 31, 2018 at 04:30AM NOK/SEK will both likely fall in 2019 amid forecasts of economic and political turmoil, but the Krone’s connection to crude oil may be an additional vulnerability that […]
FL: ForexLive Asia FX news wrap: Weekend Trump tweet lifts AUD a bit December 31, 2018 at 04:11AM
Forex news for Asia trading Monday 31 December 2018 US President Trump tweeted that trade talks with China were ‘moving along very well’ and Italy’s parliament passed the country’s budget. Apart from […]
FL: China PMIs today a mixed result – recap December 31, 2018 at 03:34AM
Official China PMIs for December results were out earlier, the data is here: For the more closely watched manufacturing PMI; – New export orders contracted for a seventh straight month, to 46.6 […]
Technical Analysis: Where to Get Started and How it Can Help
December 28, 2018 at 09:00PM There are a lot of ways to decide what to buy or sell and how to do it; but key for long-term consistency is the incorporation of […]
FL: El-Erian: Possibility of 1,000-point daily swings in DJIA is the “new reality” for a while December 31, 2018 at 03:01AM
Mohamed El-Erian is Allianz SE’s chief economic adviser and ex of PIMCO (and a smart cookie indeed) Speaking On Fox, Bloomberg have the highlights: Comments on the Fed; Continue Reading:… Search Web: […]
FL: Significant forex option expiries for Monday 31 December 2018 December 31, 2018 at 02:59AM
Only one of note on the FX options expiring calendar for today – EUR/USD – amount is 770m euro – strike price is 1.1480 – for the 10am New York cut ForexLive […]
Technical Analysis: Where to Get Started and How it Can Help
December 28, 2018 at 09:00PM There are a lot of ways to decide what to buy or sell and how to do it; but key for long-term consistency is the incorporation of […]
FL: UK press: Tory and Labour MPs to force Brexit delay if May’s deal is voted down December 31, 2018 at 02:27AM
UK newspaper the Observer report that MPs from both the Tory and Labour sides are planning to force a delay to Brexit by several months to avoid a no-deal outcome if Theresa […]
FL: UK press: Tory and Labour MPs to force Brexit delay if May’s deal is voted down December 31, 2018 at 02:27AM
UK newspaper the Observer report that MPs from both the Tory and Labour sides are planning to force a delay to Brexit by several months to avoid a no-deal outcome if Theresa […]
FL: The top 3 FX trades for 2019 December 31, 2018 at 01:50AM
A snippet from the top forex trades for the coming year via UBS: They nominate #1 as long AUD and NOK versus short CAD and USD UBS like EUR/USD but prefer long […]
Australian Dollar Down As China’s Manufactruing PMI Stumbles
December 31, 2018 at 01:20AM The Australian Dollar took only a modest hit Monday in response to the shock news that China’s manufacturing sector contracted in December for the first time since […]
Dollar steady; Aussie gains on U.S.-China trade developments
December 31, 2018 at 01:00AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/dollar-steady-aussie-gains-on-uschina-trade-developments-1733439 Selected by fonecable.com Search Web: Dollar steady; Aussie gains on U.S.-China trade developments
FL: China December Manufacturing PMI: 49.4 (vs. expected 50.0) December 31, 2018 at 01:00AM
Official PMI data from China for December 2081 Manufacturing PMI comes in at – expected 50.0, prior 50.0 For the non manufacturing,: China Non-manufacturing PMI for December: 53.8 (vs. expected 53.2) Continue […]
FL: China Non-manufacturing PMI for December: 53.8 (vs. expected 53.2) December 31, 2018 at 12:59AM
Official China Non-manufacturing PMI for December 2018 in at 53.8 – expected 53.2, prior 53.4 more detail on separate post here: ForexLive Continue Reading:… Search Web: China Non-manufacturing PMI for December: 53.8 (vs. […]
FL: Australia Private Sector Credit for November: 0.3% (expected 0.3% m/m) December 31, 2018 at 12:30AM
Credit growth has been losing some momentum, that continues: 0.3 % m/m, which is in line with expected but down from October – expected 0.3%, prior 0.4% 4.4 % y/y Continue Reading:… […]
FL: The weekend tweet (from you-know-who) giving opening stock markets a boost December 31, 2018 at 12:14AM
US overnight Globex equity market futures are higher following positive comments from US President Trump. Adam had the breaking earlier: It is in the interests of both sides to get to an […]
First Quarter 2019 Technical Forecasts for the Dollar, Pound, Gold, Equities, and More
December 30, 2018 at 11:00PM The fourth quarter of 2018 produced key technical progressions across multiple asset crosses, setting up what should be a significant first quarter of 2019. Continue Reading… From: […]
FL: 2019 will bring more Fed Chair unscripted remarks than ever before. Peachy. December 30, 2018 at 11:46PM
In a new development for 2019 each Federal Open Market Committee (FOMC) meeting is to be followed by a news conference from Chair Jerome Powell. The dates, to print out and stick […]
Can China Manufacturing PMI Miss Fuel Risk Aversion in Thin Trade?
December 31, 2018 The US Dollar fell as the markets priced out even one Fed rate hike in 2019. Holiday trade still makes for volatile conditions. China Manufacturing PMI contraction may trigger […]