Strong Employment Report Makes Powell’s Job Harder to Turn Cautious
Employment remains robust for the US economy. The non-farm payroll report for December beat expectations with a 312,000 reading, way above the 184,000 forecast and the prior reading which was revised higher to 176,000. Wages are stellar, also rising to...
Pressure Grows For US And China To Resolve Trade Dispute
The strong fundamentals of the US economy are starting to show more than a chink in it’s armor, while the PBOC’s recent efforts have done little to stem the recent slump in Chinese data. The US continues to post robust...
Dollar Looks To NFP For Fundamental Strength
The US dollar is mixed against major pairs on Thursday. The Flash crash that hit the currency markets boosted the JPY and the CAD against the USD. The greenback is higher against all other majors ahead of the release of...
DAX Slides as Apple Warning Spooks Investors
The DAX has posted sharp losses in the Thursday session, wiping out the gains seen on Wednesday. Currently, the index is at 10,437, down 1.35% since the Wednesday close. On the release front, eurozone monetary data was within expectations. On...
Apple Cutting Revenue Guidance Fuels Risk Off Sentiment
Extreme market turbulence that ruled at the end of 2018 and most notably in December looks set to stay for another session. Whilst weakness in Chinese manufacturing was to blame in the previous session, Apple cutting its guidance has hit...
Currencies In Apparent Flash Crash As Risk Sours
USD/JPY collapses to 10-month low Thin markets and a scramble to cover positions or seek safe havens meant risk-focused currencies tumbled early in the Asian trading session today. USD/JPY collapsed more than three big figures in a matter of minutes,...
Oil Continues To Rise As OPEC Output Falls Most In 2 Years
Oil is having a positive start to the year as OPEC appears to be delivering on their pledge of production cuts. Earlier in Asia, crude prices were heavy as disappointing data from China confirmed weakness in the second largest economy...
Poor Start for Dollar Bears and US Stocks
2019 is not off to a great start for dollar bears and US stocks. With liquidity starting to flow back into the markets, risk aversion especially hit the bond markets as yields continue to slide. The 10-year yield on US...
Growth Concerns Stalk Traders into the New Year
It might be a new year, but the concerns are anything but new. The growth fears that weighed on sentiment across the second half of 2018 and most notable in December wasted no time is rearing their head once again...
Risk Appetite Hit As 2019 Gets Underway
Activity muted on the first trading day of the year Asian equity markets started the new year on a negative note, unable to build on Wall Street’s gains on the last trading day of 2018. A holiday in Japan added...
Signal2forex.com - Best Forex robots and signals




