Global equity markets, dollar edge higher ahead of first meeting between Trump and China’s Xi

Stocks staged a cautious fight back on Thursday before a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping, the first between the two world leaders. Risk appetite stabilized, having been soured by signs the Federal Reserve might start paring asset holdings later this year and that the chances of early U.S. fiscal stimulus may be evaporating…

Dollar rally could potentially destabilize the global financial system: BIS official

The dollar is now the best barometer of global investor risk appetite and financial market leverage, making its current surge potentially destabilizing for the global financial system, a senior BIS official said on Tuesday. Hyun Song Shin, head of research at the Basel-based Bank for International Settlements, said in a speech that “when the dollar is strong, risk appetite is weak”…

Dollar rallies for third straight weekly gains

The dollar cruised to its third straight week of gains on Friday as stock and commodity markets showed signs that they might be able to manage another U.S. interest rate hike in the coming months. With risk appetite gradually returning after bumpy few days, European shares opened up 1.2 percent and sterling topped the leaderboard of weekly currency winners on fading Brexit bets…

UK corporate sector risk appetite falls to 3-year low amid eurozone worries

Worries about the eurozone and shaky prospects for the wider global economy have dented confidence among bosses of the UK’s biggest companies, according to a survey. After a tumultuous 2015, when a downturn in China and sharp slowdown in global trade prompted big businesses to scale back spending plans, the year ahead will be marked by even more caution, a poll of chief financial officers (CFOs) suggests…

Fed-driven global stock rally runs out of steam, bond yields hit record lows

(Reuters) – Concerns about lackluster growth in world economies sent Wall Street and other world stock markets lower on Thursday, reversing a Federal Reserve-sparked rally a day earlier. The dollar gave up some recent gains and U.S. benchmark bond yields touched lows last seen more than a year ago…

Upbeat U.S. data, ECB easing expectations fuel risk appetite

(Reuters) – Strong economic data in the United States shored up Asian stocks to one-year highs on Wednesday, with another record close for the S&P 500 underpinning risk appetite and sending safe-haven gold to 3-1/2 month lows…

Daily Forex Market Review 05/22/14 (+52.5 pips)

Today’s Trade Result: +52.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Daily Forex Market Review 04/29/14 (+77.5 pips)

Today’s Trade Result: +77.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

U.S. dollar steady on upbeat job growth, Aussie and Loonie drop on China data

(Reuters) – The U.S. dollar held steady against major currencies on Monday, supported by hopes U.S. job growth would pick up in the wake of last week’s mildly encouraging report on hiring and as tension over Ukraine remained contained. Meanwhile, the Australian and Canadian dollars lost as much as half a percent against the…

Daily Forex Market Review 11/15/13 (+25 pips)

Today’s Trade Result: +25 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Fundamental Analysis Review And Forex Calendar For May 5 ~ 10, 2013

Weekly Fundamental Analysis Review Fundamental Analysis review for the week shows that market is optimistic after the Nonfarm Payroll on Friday along with the two extremely positive back months revisions which puts the last 3-month average Nonfarm Payroll releases at around 210K, or just under 200K for 2013.  The implication of this new data not only brought speculations […]

Post January FOMC Statement Analysis

Post January FOMC Statement Analysis Here’s is an comparative analysis of the January FOMC Statement along with the December Statement, note the bold languages: Information received since the Federal Open Market Committee met in December suggests that growth in economic activity paused in recent months, in large part because of weather-related disruptions and other transitory […]

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