US-China Trade: 60% Probability of Interim Deal Next Week
US and China meet for high-level trade negotiations next week, sources say 10-11 October. Below is a quick overview. We put a 60% probability of an interim trade deal, which should help to de – escalate the trade war. However,...
AUD/USD Hits Lowest Level in a Decade – More to Come?
For many traders, yesterday’s abysmal ISM Manufacturing PMI reading led to a “sell first, ask questions later” response in risk assets. Everything from global equities to oil to growth-sensitive currencies have fallen sharply as markets increase bets on a coordinated...
ASX200 Mean Reversion Could (Finally) Be Underway
We’ve been monitoring the potential for an inflection point on the ASX200 for the past couple of weeks and it appears cracks are now appearing at recent highs. There’s no denying it remains within a long-term uptrend trend on the...
Pound Prediction After Brexit With Deal/No Deal | Philip Shaw | Podcast
Pound Prediction Post Brexit, Outlook for UK Assets and More – Coming Up in Our Podcast This Time: Pound Prediction: Will the UK reach a deal? European bonds: Is the spread between Italian bonds and German bonds coming down? European...
Dollar Regains Control With Job Data, But Yen Much Stronger
Dollar regains some control and stays firm after ADP job report. Though, it’s outshone clearly by Yen which is lifted by risk aversion. New Zealand Dollar comes in as second strongest as it’s paring some of recent losses. On the...
Your first trade for Wednesday, October 2
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Qudian. Tim Seymour was a buyer of Disney. Karen Finerman was a seller of iShares iBoxx $ High Yield Corporate Bond ETF. Dan...
September private payrolls report shows the pace of hiring is slowing
The private sector created more jobs than expected in September, but the pace slowed amid growing signs that the labor market is getting tighter, according to a report Wednesday from ADP and Moody’s Analytics. Companies hired 135,000 more workers in...
European Update – PMI, Economy, Brexit, Gold, Oil
Markets lower on renewed growth fears Sentiment is fragile after a series of weak PMI readings this week, with the US ISM number particularly shocking investors and sending stock markets tumbling. – advertisement – Naturally, Trump was quick to point...
Gold Spot Bullish Bias Above 1474.00
Pivot (invalidation): 1474.00 Our preference Long positions above 1474.00 with targets at 1482.00 & 1487.00 in extension. Alternative scenario Below 1474.00 look for further downside with 1470.00 & 1464.00 as targets. – advertisement – Comment Even though a continuation of...
Dollar Rally Halted, Focus Turns to ADP Job First
The forex markets are trephining in rather tight range today. Dollar turned mixed overnight after poor ISM manufacturing data. Chance of another Fed cut in October, as priced in by fed fund futures, rose to 63.1%. But outlook could change...
Signal2forex.com - Best Forex robots and signals




