Iran Sanctions Waivers Hit Sentiment in Asia
Speculation that the US is about to announce the end to the Iran sanctions waivers later today boosted oil prices and took the shine off risk appetite that had remained buoyant into the close of trading last week. Oil prices...
Canadian Dollar Pulled Higher by Oil, But Cautious ahead of BoC
Canadian Dollar open the week generally higher, as helped by strong rally in oil price, on supply concern. Though, the Loonie is generally bounded in range only. BoC rate decision and statement this week will be crucial to the next...
EUR/USD Showing Signs of Weakness Below 1.1300
Key Highlights The Euro failed to break the 1.1325 resistance and declined sharply against the US Dollar. EUR/USD traded below a crucial bullish trend line with support at 1.1290 on the 4-hours chart. The US Housing Starts in March 2019...
Tesla investigating apparent explosion of parked car in Shanghai
Tesla said Monday it immediately sent a team to investigate an apparent explosion of one of its cars that occurred in Shanghai on Sunday evening local time. There are no known casualties at this time, the electric car company said...
USDCHF Faces Risk Of Price Extension On Bullishness
USDCHF faces risk of price extension on bullishness following its past week strength. Resistance stands at the 1.0150 level. A break of there will clear the way for a run at the 1.0200 level. Above here, resistance lies at the...
BlackRock’s Larry Fink says there are no signs of global recession in the next 12 months
There are no signs that the global economy is sliding toward a recession in the next 12 months, BlackRock’s Chief Executive Larry Fink said in remarks published on Saturday. In an interview with German business daily Handelsblatt, Fink warned, however,...
A former Abu Dhabi investing official thinks ethics are going to play a bigger role in market decisions
Investors will soon apply environmental, social and governance standards to global governments as the role of ethics grows in the investing world, according to Paul O’Brien, the former deputy CIO of the Abu Dhabi Investment Authority, which manages more than...
Weekly Economic and Financial Commentary: Trade to Buoy U.S. GDP…at Least in the First Quarter
U.S. Review Outlook for Q1 GDP Is Brighter, But Can it Be Sustained? Two indicators this week turned the tables on what to expect out of next week’s GDP report. We now look for an annualized growth rate of 2.6%...
Can US Stock Markets Continue to Defy Gravity?
US equity markets have been on a tear in 2019, reclaiming lost ground to come within breathing distance of their all-time highs. The rally has been fueled mainly by the Fed putting its rate-hike plans on ice, though easing trade...
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...
Signal2forex.com - Best Forex robots and signals




