Tag Archives: S&P
Technical Alert
Dollar a tad weaker since yesterday, commodities recovering and accordingly commodity currencies the best performers. EURUSD erratic moves around 1.30 continued/s and
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.
Technical Alert
USD/Scandies in an impulsive take off! EUR/USD A non sustained break, USD/JPY Downside spike points up, AUD/USD Still a correction case, EUR/SEK Broke above the 233d ma,
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