Equities stay firm into US Employment report A positive “risk onâ€? tone across global equity markets this week has been reinforced by US equity averages again moving to new 2019 highs at yesterday’s… [Read More...]

Squawk: Will gold formed a bottom? wil it hit 1230 abv…
Will gold formed a bottom? wil it hit 1230 abv again? find out here…. https://www.fxstreet.com/analysis/daily-inverted-head-and-shoulder-pattern-takes-gold-to-form-a-bottom-at-1212-201811271646 … [Read More...]
Traders pile into bets on Fed interest-rate cuts this year
The Federal Reserve is just about done being patient. That was the view of traders in short-term interest rate futures Friday, after a government report showed U.S. employers sharply slowed hiring in May. Traders jumped on the report as a sign of a cooling labor market that would force the Fed to start cutting its policy rate in July and reduce it twice more by the end of the year. Bets for two rate cuts had been priced into the market, mostly in reaction to mounting trade tensions that are expected to slow economic growth. The U.S. central bank, which raised interest rates four times last year, signaled earlier this year it is on hold for the rest of 2019, saying it will be patient … [Read More...]
Squawk: Wednesday May 8 #FX technical sentiment: #NZDJPY ?(CONTRARIAN) #NZDCAD ?…
Wednesday May 8 #FX technical sentiment: #NZDJPY ?(CONTRARIAN) #NZDCAD ? #EURNZD ? #MOFuturesFX [Read More...]
Squawk: W19 #FX daily update: #JPY 1.52 %? #USD 0.30 %?…
W19 #FX daily update: #JPY 1.52 %? #USD 0.30 %? #CHF 0.08 %? #EUR 0.03 %? #GBP -0.04 %? #CAD -0.39 %? #AUD -0.61 %? #NZD -0.89 %? #MOFuturesFX [Read More...]
Big Earnings, Rate Decisions and US GDP once markets return from holiday
The US dollar ended the week higher after mixed data and earnings reports provided a slightly optimistic tone for the US economy. With thin conditions persisting due to the observance of Easter, choppy price moves could be expected over the next couple of sessions. All eyes will be on a barrage of US data with the focus on Friday’s advance reading of first quarter GDP. Earnings season also enters high gear with results from Boeing, Caterpillar, Microsoft, Tesla, Amazon and Exxon. The Bank of Canada is also expected to keep rates unchanged at the Wednesday meeting. The Bank of Japan is also expected to keep policy unchanged while providing small cuts to their economic forecasts. Earnings season enters high gear – 150 companies on S&P 500 report US … [Read More...]
Dollar Rises on Strong US Jobs Data
The US dollar is higher across the board against major pairs on Friday. The greenback got a boost from the March U.S. non-farm payrolls (NFP) report that showed the economy added 196,000 jobs and an upward revision to the February numbers. The wage component did not do as well with a lower than expected gain at 0.1 percent that validates the dovish stance of the U.S. Federal Reserve. The central bank has taken off the board all interest rate hikes that were forecasted last year. The immediate market reaction after the report triggered a rise in risk appetite with investors selling the dollar after President Trump once again pressured the Fed to lower rates. The Fed will release the minutes from its March FOMC meeting on … [Read More...]
OANDA Market Insights podcast (episode 55)
OANDA Senior Market Analyst Alfonso Esparza previews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. Tune in below and don’t forget to subscribe to the podcast on iTunes and Android. [Read More...]
Squawk: Equities stay firm into US Employment report A positive “risk…
Equities stay firm into US Employment report A positive “risk on” tone across global equity markets this week has been reinforced by US equity averages again moving to new 2019 highs at yesterday’s… [Read More...]
Markets Rise After Strong US Jobs Growth with Fed Talking Down Rate Hikes
The US dollar had a tough first week of 2019. The greenback is lower against most major pairs as market optimism of two rate hikes from the U.S. Federal Reserve have virtually evaporated. Mixed economic indicators and a neutral to dovish Fed Chair Powell put downward pressure on the USD. Inflation data will be released on Friday, January 11 with investors also keeping an eye on trade negotiations improving between China and the US. The Bank of Canada (BoC) will publish its rate statement on Wednesday, January 9. The central bank is expected to keep rates unchanged amid global growth uncertainty, but is still expected to hike once in the first quarter of 2019 if Canadian inflationary pressures keep up. Bank of Canada (BoC) to hold rates at 1.75% Fed … [Read More...]
Squawk:…
https://www.tradingview.com/chart/BTCUSD/6PhCPLk3-Bitcoin-Possible-Trend-Reversal/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish [Read More...]
FX Update: Bracing for new tariff impact
The comment period for President Trump’s tariffs on $200 billion in Chinese imports expired yesterday leaving markets uneasy and bracing for the implementation plan and China’s response. Trade wars continue to wear on risk appetite keeping emerging markets volatile and driving a fresh bout of yen strength. [Read More...]