Key data could end or defend recession fears as stocks notch best quarter in a decade
Stocks head into the second quarter propelled by the best quarter in nearly a decade as the long tepid IPO market starts to simmer again. But the markets also face a reality check in the week ahead with some key...
Here are the winners and losers from the stock market’s first quarter of 2019
The first quarter has been a banner period for Wall Street. The S&P 500 rose 13.1 percent this quarter and notched its best start to a year since 1998. The broad index also posted its biggest one-quarter gain since 2009....
Investors shun stock funds amid the market’s best start to a year since 1998
This quarter is one for the Wall Street history books — stocks are on track to post their best quarter since 2009 and best start to a year in more than two decades. However, investors shrugged it off. While the...
Struggling Euro Shifts Focus to Flash Eurozone CPI
While the Brexit drama continues to keep investors busy in Europe, holding the euro and the pound in check, the Eurozone preliminary inflation readings for the month of March are expected to steal attention on Monday at 0900 GMT. Consensus...
RBA Meets; Might Struggle to Stay Neutral
The Reserve Bank of Australia made a major shift in policy in February by signalling that a rate cut was just as likely as a rate hike, abandoning its long-held tightening bias. However, investors have gone a step further and...
GBP/USD Outlook: Sterling Cracked Key Supports after UK Lawmakers Rejected Brexit Plan Again
Cable collapsed below 1.30 on Friday and cracked key supports (200SMA/bull-channel support trendline and also pressured the top of thick daily cloud) after UK parliament rejected PM May’s deal for the third time. Lawmakers voted 344 against vs 286 for...
How IG Will Bring New Opportunities to Trading the Foreign Exchange Market | Podcast
Key points covered in this podcast – Why DailyFX parent company IG is entering the US market – How you can enjoy tighter spreads and superior service when trading FX – Why FX is one of the most flexible asset...
China Weekly Letter: a A US-China Trade Deal is Moving Closer
Report of ‘unprecedented proposal’ from China as new talks kick off in Beijing. Profit growth falls sharply on weak economy, more monetary stimulus is coming. EU’s Jean-Claude Juncker says calling China ‘rival’ is a compliment at meeting with Xi Jinping....
Forward Guidance: Friday Jobs Reports to Highlight the Week
Friday jobs reports to highlight the week – Canada’s headline employment growth due for a payback but better weather could boost hours worked Canadian and US jobs reports on Friday will highlight the week’s economic indicators. We are assuming the...
Week Ahead – RBA to Mull Dovish Shift; Resilient Dollar Eyes US Jobs Report
Bond markets will remain on edge in the coming week as the Reserve Bank of Australia could become the next central bank to switch to a dovish stance and possibly amplify the flight to safety, which has sent sovereign bond...