DAX in Red as investors Seeing Blue
The DAX index continues to trade in red territory. The pair has posted sharp losses in the Wednesday session and is trading at 12,234, down 1.00% on the day. There are no major events on the schedule. On Thursday, Germany...
US: Retail Sales Indicated Solid Start to Q3 Consumer Spending
Despite worries about spending fatigue after a strong Q2 and hand-wringing about auto sales, the July retail sales report was solid in most areas. Still, rising prices are a headwind, evident in gas sales’ outsized gains. No Signs of Third...
Markets Digest Turkish Troubles With Heightened Risk Over Next 24-Hours
Wednesday August 15: Five things the markets are talking about Global equities traded mixed overnight as market risk appetite continues to be tested by Turkey’s induced turmoil. U.S Treasuries prices have climbed a tad, while the greenback trades atop its...
Turkish Lira Currency Rebounds For A 2nd Straight Session, UK CPI Data In-Line
Notes/Observations Turkey Lira currency continues its retracement from recent record lows; risk of the Turkish crisis spreading to other emerging markets appears limited for now Indonesia Central Bank hikes its key rate for the 4th straight time and maintains its...
Mid-US Session Update: Dollar resumes rally against EUR, GBP, AUD; European Indices closed in red
Dollar surges broadly in the first half of US session. EUR/USD, GBP/USD and AUD/USD all resumes recent fall after brief consolidations. Dollar is trading in red against Canadian and New Zealand Dollar. But we can disregard Kiwi as it’s just...
Lira, EM Currencies Calmer; UK Wages Disappoint and EZ GDP Beats
The markets were a little calmer in the first half of today’s session as the Turkish lira finally stopped falling, while the pound staged a short-lived bounce in the aftermath of mixed-bag UK data. The dollar was little-changed, rising most...
Don’t Look At The Bad Side Of Gold | What Is Supporting Oil Price?
Dark clouds are back again but look further than this The greenback is way overbought Oil price is firmly holding on to its gain The perfect definition of tapering means that it keeps all the bull rallies for gold in...
TRY Bounces Back As Risk Sentiment Stabilises
Turkey’s bounce As emerging-market currencies quake, now could be an opportunity to bargain hunt. Turkey has bounced back: the market has lost its appetite for pushing TRY further, as USD/TRY 1 month at-the-money volatility stands at a whopping 60. Argentina,...
Eurozone Industrial Production and German ZEW Economic Sentiment Could be Next to Drive the Euro
While Eurostat’s second GDP growth estimate is expected to confirm on Tuesday that the bloc’s economic growth slowed down in the second quarter, eurozone’s industrial production is anticipated to have picked up steam in June. At the same time in...
S&P 500 Near January Peak as Record-Setting Earnings Season Winds Down
Sparkling. Spectacular. Stellar. – advertisement –
Sterling. Stupendous. Super. …and those are just the adjectives starting “Sp” through “Su” that describe Q2 earnings season for the S&P 500. Through Friday, 91% of the companies in the S&P 500 had...
Signal2forex.com - Best Forex robots and signals




