Tag Archives: Crude Oil
FX Daily
Key news – Lower-than-expected China PMI pushes Asian equity markets lower. – US equity markets closed with decent gains – S&P500 up 0.5%.
Technical Alert
Some further dollar strengthening progress, JPY weakness hesitating, AUD selling seen drying up for at least a pause and Scandies on a weakening path.Bonds in demand so lower yield.
Technical Alert
The dollar staged a comeback late last week with the $ index coming very close to a bullish key week reveral (Friday however printed a bullish key day reversal).
Central banks turn softer on fragile global recovery
Market Movers ahead – Fed is expected to scale down rhetoric as the economy enters a soft patch. – In the US April non-farm payrolls are expected to show only a modest increase.
FX Daily
Focus today. The election of the new Italian president will attract attention again as lawmakers failed to reach an agreement in the first and second round of voting yesterday.
Technical Alert
Yesterday turned out to be mainly a day of congestion and consolidation except for the Scandies that continued to weaken.
FX Daily
– Italy’s centrist parties seem to have reached last-minute deal on presidential candidate – Weidmann comments add to odds for an ECB rate cut
Technical Alert
Big stop loss day in the Swedish krona post the Riksbank, USD more pieces of evidence of an ended correction, equities and commodites still on a slippery slope.
FX Daily
– IMF lowers its growth forecasts for most major economies. – Focus on Chinese local authority debt intensifies.
Technical Alert
EUR/USD Unexpected bullish U-turn, EUR/JPY The recent high is exposed again, EUR/GBP Looks staged to add some gains, EUR/SEK Small bid into Riksbank meeting,
FX Daily
Key news – Financial markets’ response to possible terrorist attack in Boston has been calm