Tag Archives: Gold
Technical Alert
EUR/USD: The break above 1.3130 triggered the expected buying spree, pushing above also the mid April high, 1.3202,
FX Daily
Key news – Fed opens door slightly for increase in asset purchases – Stocks lower despite upward surprise in ISM
Technical Alert
EUR/USD: The break above 1.3130 triggered the expected buying spree, pushing above also the mid April high, 1.3202,
FX Daily
Key news – US S&P500 closes at new high again. EUR/USD higher while oil drops. – China NBS PMI fell in April, confirming the economy stayed soft into Q2.
FX Daily
Key news – Italian government scraps tax increases and signals less fiscal austerity. – Japanese data weaker than expected but still suggest a recovery has started.
FX Daily
Key news – In Italy a broad three-party coalition was sworn in on Sunday. – Bank of Cyprus has converted 37.5% of deposits above EUR100,000 into equity.
FX SENTIMENT REPORT
– Traders continue to hold a net long USD position of $16.6bn, with short positions in CAD, JPY, EUR and GBP and long positions in AUD, NZD, MXN and CHF.
FX Daily
Key news – Global macro data continue to disappoint – Korean GDP being today’s exception. – US markets closed flat but with defensives down – Asian markets are higher.
FX Daily
Key news – US equity markets closed higher and Asian bourses are trading with gains. – Economic data continue to point to a period of slower global growth.
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%.
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.