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Results: 901 to 910 of 1,000
Results: 901 to 910 of 1,000
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Intraday Market Thought: Oil Tests Trump & Powell Resolve
by Adam Button | Sep 17, 2019 13:24
The latest rise in oil prices may jeopardize the already complicated....Yet, the US administration continues to send signals about reprisals against....US crude oil is currently trading at $62 (from an earlier $63...38), while Brent is at $68...10 (from $71...95 earlier)....CAD loses half of its gains as US equity futures head into the red...EUR is the strongest of the day after better than expected ZEW sentiment....Data points on Tuesday include US industrial production and homebuilder....The Premium JPY trade was stopped out, leaving only 1 trade in progress...A new trade shall be issued ahead of the US opening bell...Oil finished Monday with an astounding $8 rally in the largest percentage climb....The attack on Iran sets in motion a wild amount of possibilities, including war....Trump's response has pointed the finger at Iran but stopped short of....So far in his Presidency, he has largely ignored the drums of war and his firing....Not to mention the fact, Congress is will unlikely authorise a strike on Iran...Feel free to participate in this open discussion about oil, Trump, Fed &....This time, he's hinting that action may be in order but his tepid response....That may mean a further escalation down the line but if so, the market will....On that front, reports vary widely with some suggesting nearly all of it could....Oil Complicates Fed Odds....Expect oil headlines to be a major factor in the days ahead but the Fed....The odds of a cut fell to 95% from 100% a week ago...The oil jump complicates the decision because it creates a series of pros and....Higher gasoline prices for consumers and geopolitical uncertainty are negatives,....Ultimately, it's more of a reason to cut 25 bps as anticipated while....Also, pay attention to the dissent and whether St Louis Fed president Bullard..
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Intraday Market Thought: One Month Until Brexit
by Adam Button | Sep 30, 2019 13:10
Euro tumbles below 1...09 amid softer than expected German CPI...Global indices are recovering from Friday's late session selloff after....Weekend comments from the DUP hinted at progress on Brexit as Johnson faces the....The Canadian dollar was the top performer last week while the pound....Loonie outperformance came at the same time as CAD-longs were racing to the....Since the start of the Asia Monday session, all currencies are down against....nbsp; A 5th Premium trade was opened on Friday...There are currently 3 trades in indices, 1 in commodities and 1 in FX...nbsp;....The ebb and flow of Brexit news has completely dominated GBP trading trading....Stepping back, it's left semi-permanent investment gaps in the UK and....The longer it lasts, the larger the risk that there is a structural impairment....Currently, the bigger question is whether there is a political impairment....Boris Johnson has held steadfast in promises to take the UK out of the EU on....One glimmer of hope came on Sunday from the DUP's Foster who said there has....If the DUP can be convinced of supporting a deal, it would bring many....As for the broader deal, Michael Gove on Sunday said it would have to be....That's a tall order given the tight deadline...He also alluded to the prospect of the EU having to negotiate with yet-another....Elsewhere, note that China Monday was the only trading day this week in China...The market is closed through the weekend for holidays...That could bring calm to markets but festivities will include many speeches....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR -61K vs -69K prior...GBP -81K vs -86K prior...JPY +13K vs +24K prior...CHF -11K vs -5K prior...CAD +5K vs +20K prior...AUD -47K vs -54K prior...NZD -36K vs -30K prior....The erosion in oil prices following the Saudi spike and the looming election....In terms of overall moves, the dollar bid strengthened modestly but there as....That underscores the broad wait-and-see theme in markets.
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Intraday Market Thought: Trudeau Wins, Brexit Threats Mount
by Adam Button | Oct 22, 2019 14:23
Canadian Prime Minister Justin Trudeau held onto power Monday but his party was....Later in the day, CAD traders turn focus to the BoC's business survey (15:30....nbsp; GBP dropped by a full cent on reports the govt theratened to pull the....US Sep existing home sales are due next, exp -0...7% from +1...3%....All 3 Premium Insights trades currently in the green...A new trade will be released before the London close...Care to guess the analog mystery chart below?....Canada's governing Liberals will fall about a dozen seats short of the....Trudeau will now try to govern with a minority and he's likely to cobble....This also means none of the opposition parties will have any appetite to bring....Trudeau is safe for at least 12 months and has a good chance of finishing the 4-....The market reaction so far has shown that Canada is one of the dwindling....There are true differences in the parties but nothing so meaningful that....One exception is oil and gas...The market will be watching closely for signs on how a minority government will....In the short term there are some downside risks for the Canadian dollar....Downing Street Threatens Elections ....GBP traders were fixated on parliament as it holds a first vote on the Brexit....Barring any fresh last-minute amendments or changes, the vote will take place at....The latest indications show that Johnson may have a majority by fewer than 5..
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Intraday Market Thought: Brexit Extension and China Watch
by Adam Button | Oct 28, 2019 14:30The S&P500 has hit new all time high of 3041, while the DOW30 is 200 pts....All indications suggest the EU will extend the Brexit deadline to January 31....GBP is the day's best perfomer as cable hits 1...2877...Signals from a high level political meeting in China this week could have....This week's major events include: Johnson's efforts to call for an....France has been grandstanding about blocking the Brexit extension but Macron....A draft declaration cited by reporters extends the deadline to Jan 31 but....The EU meeting will take place shortly before a planned vote in UK parliament....That effort appears as though it will fall short of the necessary two-thirds....If it all unfolds as expected, we will find out if Johnson will redouble....A deal push would be more-positive for the pound...On the weekend, data showed the extent of the slowdown in the Chinese economy...Industrial profits were down 5...3% y/y in September, an acceleration from -2...0% in August...Reports on Friday indicated that the text of the US-China deal is largely....This week, risks may be on Beijing's side with the annual four—day....This is largely a political meeting and a draft communique focused on casting....That sounds like it's more of a defensive posture and it's a closed door....The weekend surge in cryptocurrencies has been attribute to Beijing'....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR -51K vs -75K prior...GBP -52K vs -73K prior...JPY -18K vs +7K prior...CHF -11K vs -13K prior...CAD +33K vs +13K prior...AUD -48K vs -48K prior...NZD -40K vs -40K prior....Pound shorts had been stubbornly hanging in over the past two weeks but cracks....Still, there is plenty of space for a squeeze...The other standout is the contrast between the Canadian dollar and the....It's tough for them to diverge for any significant period of time. -
Intraday Market Thought: Biggest USD Drop in 21 Months, NFP Next
by Adam Button | Nov 1, 2019 11:34
The US dollar continued its post-Fed slide on Thursday as economic data....On the day the yen was the top performer while the US dollar lagged, registering....Non-farm payrolls are due up next (more below)....Renewed doubts with the continuity of the US-China talks are weighing on....Each of the 4 existing premium trades is currently in the green...إدارة الصفقات الخمسة (فيديو للمشتركين)....Dueling forces worked to pull USD/JPY notably weaker on Thursday...The Fed pause and accompanying message highlights that it will take a '....Ostensibly that's positive for the dollar but it's negative for risk....The problem was highlighted in a couple reports on Thursday...The PCE report showed spending at +0...2% compared to +0...3% expected and inflation numbers also slightly softer...The Chicago PMI also fell to 43...2 from 47...1...That was probably a result of the now-ended GM strike but the numbers both....At the same time, the long-term message from the Fed was that hikes are off the....That sent Treasury yields decidedly lower and highlights that US yield....The next move will hinge on Friday's jobs report...Non-farm payrolls are forecast to rise a modest 85K, down from 136K in September...After the Chicago PMI, there are growing worries that the auto strike could lead....If so, expect it to be a short-lived dip because those jobs have returned...A look at the October monthly moves:....The pound led the way with a 5% rally against the dollar and 5...7% against the yen (which was the laggard)....It was the worst monthly decline for the USD in over 20 months...In the stock market, most of the world put up gains in the 2-4% range including....The FTSE 100 was slightly lower but that's a side effect of currency....Gold was up modestly and entirely due to the rally on Wed-Thurs.
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Intraday Market Thought: GBP Rides on Uncertain Polls
by Adam Button | Nov 25, 2019 15:00
China appears to be making an earnest effort to bridge trade deal gaps as....GBP is the only gainer vs USD since Asia's Monday open as opinion polls....JPY and gold are the weakest over the last 17 hours of trading...CFTC positioning data showed a CAD-longs covering on murky messages from the....The chart below shows the weekly performance of Invesco's high beta....The recent rotation towards industrials and cyclical sectors was largely behind....nbsp;....While most GBP bulls appear to be anticipating a Tories majority victory,....An unlikely Labour-Conservatives coalition would be GBP-negative, while a....A Labour-LibDem outcome would be the worst of these ouctomes...nbsp;....Risk trades are higher early in the week after China published guidelines for....The announcement was vague but points to genuine action from China, likely in....On Friday, there was more evidence that the US economy is stabilizing...The Markit PMIs and the final U Mich consumer sentiment survey were all....In Canada, retail sales also beat the consensus...The market has clearly voted that lower interest rates outweigh any trade....The week ahead will feature the same hot-and-cold game on trade and tariffs...We hope for some kind of definitive news but with the US week effectively....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR -63K vs -58K prior...GBP -32K vs -28K prior...JPY -35K vs -35K prior...CHF -16K vs -15K prior...CAD +29K vs +42K prior...AUD -47K vs -41K prior...NZD -35K vs -36K prior....The speculative market was whipsawed by the Bank of Canada in the past week...The market mis-read comments from Poloz and Wilkins who intended to convey that....On Thursday, the loonie rebounded when Poloz said he was comfortable with rates..
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Intraday Market Thought: EoY Competition مسابقة نهاية السنة
by Ashraf Laidi | Dec 10, 2019 14:05What's happening in currency markets that we have not seen since 1996...Pls read the box below carefully...A big hint is found here...يمكن إستعمال الرابط للوصول على الإجابة الصحيحة.. -
Intraday Market Thought: Bazooka or Nuclear Stimulus
by Adam Button | Feb 14, 2020 10:35It's far too early to declare anything about the coronavirus epidemic but the....The pound was the top performer Thursday while the kiwi lagged...Stocks retreated slightly lower after the Fed announcd it was reducing the....Silver and CAD are at the top of the day's performers...US retail sales are due up next...4,823 additional coronavirus cases were reported in Hubei, suggesting that the....nbsp; Will be crucial to see if markets pullback late on Friday and Sunday ....Risk trades dipped again Thursday and once again the dip was bought...Looking back at the past month, not once did US stocks finish a day on the lows....It's remarkable how well equity markets have held up facing a near-complete....With another 5000 cases reported on Friday, perhaps that's the wrong....The trio of central banks promising to keep rates low indefinitely,....Greek bonds are now trading under 1%, need we say anymore?....Having said, take a look at what's going on market internals in Ashraf'....Ultimately, inflation or currency debasement will spark a re-think but the....On Thursday, US CPI rose 2...5% y/y, up from 2...3% a month earlier but that will surely unwind in February with the cratering of....In the short-term, we warn (as we did last week) that Fridays are a tough day....AUD/USD has fallen an average of 0...53% in the past three Fridays...Also watch out for the January retail sales report at 1330 GMT...The consensus is for a 0...3% rise, matching the December number, which could also be revised. -
Hot-Chart: Forex Brokers' Share Price YTD & Since 2019
by Ashraf Laidi | Feb 19, 2020 11:43
CMC Markets' share price performance maintains the lead among major forex....CMC Markets' share price is +48% since Jan 2019, followed by Swiss Quote&....Year-to-date 2020 presents a different picture as Swiss Quote leads with 29%....XTB, IG Markets, GainCapital and Plus500 are all in the red so far this year...Year-to-date: XTB (-1%), IG (-2%), Plus500 (-5%), Gain Capital (-12%..
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Intraday Market Thought: Forex Brokers' Share Price Performance
by Ashraf Laidi | Feb 19, 2020 12:17
Since our last update 6 weeks ago on Forex brokers' share price....What about this year? Who is up 29% over the last 49 days? And who's down 12%....Full analysis here...nbsp;....nbsp;..
