The changing face of FX quants
Sell-side firms offer innovative FX algos to attract clients to use their platforms, usually on an agency basis, where they are paid by commission. From a bank’s perspective, this is a low-risk activity driven by investment in low-latency technology as...
Market close to hitting ‘all-clear’ signal that could mean upside ahead: Wall Street bull Tony Dwyer
The market is close to hitting an “all-clear” signal that could mean there is more upside ahead, one of Wall Street’s biggest bulls told CNBC on Friday. Tony Dwyer, chief market strategist at Canaccord Genuity, is looking at the S&P...
Trump-Xi trade talks could spark ‘explosion’ higher for stocks like Apple – or lead to a bear market
Wall Street is convinced a ‘deal’ of sorts will be announced after President Donald Trump meets with Chinese President Xi Jinping Saturday night to discuss the trade war that is creating issues for both nations’ economies. But the potential outcome...
ISM Manufacturing PMI to Tick Up in November
The ISM manufacturing index, a closely watched indicator for US factory activity and thus a growth barometer will come into the light on Monday at 1500 GMT. The figure is expected to show that manufacturers regained some lost ground in November, retaining the streak of overall robust growth...
Elliott Wave Analysis: Correction on USDCHF Points Lower
USDCHF is trading in a corrective wave b, which is unfolding a three-wave a)-b)-c) move with wave c in play. Wave c is a motive wave, which means it must unfold five legs, before we may label it as completed....
Week Ahead – Spotlight on US Jobs Report after ‘Powell Put’; RBA and BoC Meet
The coming week will be significant both in terms of data releases as well as for central bank meetings. November nonfarm payrolls out of the US will likely be the most anticipated report but it’s going to be a big...
Australia & New Zealand Weekly: Q3 GDP Preview, Housing Slowing Amidst Overall Robust Conditions
Week beginning 3 December 2018 Australia: Q3 GDP preview, housing slowing amidst overall robust conditions. RBA: policy decision and Deputy Governor Debelle speaking. Australia: Q3 partials and GDP, dwelling approvals and prices, retail, trade balance. NZ: terms of trade, building...
Weekly Focus – Growth Weakness ahead of Trade Talks
Market Movers ahead The meeting between Donald Trump and Xi Jinping this weekend could be a turning point in the trade war and there is a good chance of a deal despite more sabre rattling this week. Markets have reacted...
WTI OIL Outlook: Extended Consolidation Awaits for a Catalyst to Establish in Fresh Direction
WTI oil stands at the back foot on Friday but holding above psychological $50 support, which was cracked on Thursday’s dip to $49.40. Failure to eventually close below $50 trigger, kept the price in extended consolidation during this week. Long-legged...
Your first trade for Friday, November 30
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Haliburton. Karen Finerman was a buyer of the Emerging Markets ETF. Dan Nathan was a buyer of Box. Guy Adami was a...
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