EURUSD – Up EURUSD trading plan: Good and bad news for the Euro. The closely watched IFO German confidence index unexpected rose this month, as did a measure of expectations. The increase comes as executives wait to see if authorities can get the outbr…
Revised quarterly national accounts data from Germany is due on Tuesday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland is slated to publish monthly unemployment data for January.
The US Dollar may rise against the Malaysian Ringgit after Prime Minister Mahathir Mohamad resigned. Bank of Malaysia may cut rates on coronavirus fears with fiscal stimulus uncertain.
Unless you were living on Mars – and in these days of connectivity that’s no excuse – you could not have missed the carnage that swept across financial markets overnight, driving by potential coronavirus pandemic fears. Equity, commodity and energy prices were crushed, bond yields sank, the US Dollar, Swiss Franc and Japanese Yen all […]
Bitcoin and Ethereum have retreated from multi-month highs and are both entering trend-defining compression zones while Ripple inches closer to support after its impressive rally.
The one topic driving sentiment in markets these days is the spread of the CoVid-19 virus beyond China’s borders. Safe-haven assets are in demand, boosting gold, the US dollar and US Treasuries, but hurting industrial metals and oil. The agricultural sector is trading mostly softer amid fears China’s buying of US produce may slow […]
Gold prices struggled despite Wall Street’s terrible Monday as stock futures flagged a stronger start for both Europe and the US.
The ASX 200 stock index hit record highs this year but those days seem unlikely to return anytime soon as even equity buckles before the coronavirus outbreak.
Daily Markets Broadcast 2020-02-25 Wall Street hit by virus rout US indices slumped dramatically yesterday as the virus spread outside of China continued. Meanwhile, the WHO has confirmed that China’s data on virus cases are genuine as some provinces report a reduction in totals. The organization also said the spread is not a […]
NZD/USD may struggle to retain the rebound from the monthly low (0.6303) as New Zealand is expected to post a trade deficit in January.