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emerging markets
Markets Little Changed on Low Volumes; DAX Trades at 6175 Resistance
Markets were little changed during the Asian session with no major headlines to guide traders and this was combined with a relatively directionless meeting statement from the latest G10 Summit. ...
July 26, 2014
BY
Richard Cox
French Bond Auction Seen as Gauge of Investor Sentiment; GBP/USD Pressures Range Support
Markets have been confined in ranges for the past few sessions and this trend continued in Asia, with ...
July 26, 2014
BY
Richard Cox
Markets Look to US Non Farm Payrolls for Direction; S&P 500 Approaching 1285 Resistance
The Euro is maintaining its long term downtrend, falling to new 15 month lows against the US Dollar ...
July 25, 2014
BY
Richard Cox
Euro Lower on Negative Greek Headlines; S&P 500 Continues to Pressure 1285
News headlines over the weekend helped put pressure on the Euro during the Asian session as newspapers in ...
July 25, 2014
BY
Richard Cox
Markets Modestly Higher on Improved Macro Data; FTSE Bounces from 5560 Support
Risk sentiment is seeing a moderate lift after the Asian session on improved trade figures out of China ...
July 25, 2014
BY
Richard Cox
Federal Reserve Policy Speeches Weigh on Equity Markets; DAX Pressures 6175
Equity markets headed lower overnight and the US Dollar recovered some of this week's losses as news outlets ...
July 25, 2014
BY
Richard Cox
All Eyes on Today’s ECB Monetary Policy Meeting; GBP/USD Falls Below 1.53
The high yielding currencies have stabilized after recent losses against the US Dollar as markets are weary of ...
July 25, 2014
BY
Richard Cox
Markets Higher After Upbeat ECB Comments; S&P 500 Continues to Pressure Resistance Levels
Equity markets reached their highest levels in nearly two months and commodities were also driven higher and improved ...
July 25, 2014
BY
Richard Cox
Euro Hits New 2012 Lows on S&P Credit Downgrades; S&P 500 Finds Fibonacci Support
The Euro is holding steady at its lows from last week and Asian trade was mostly quiet after ...
July 25, 2014
BY
Richard Cox
Risk Assets Higher after Chinese GDP Release; USD/JPY Trades at Range Support
Risk currencies moved higher during the Asian session after fourth quarter GDP in China beat consensus estimates and ...
July 25, 2014
BY
Richard Cox
Markets Drift Higher as Sentiment Improves; FTSE 100 Focused on 5760
The Euro made some modest gains overnight on news that Greece is close to reaching a deal with ...
July 25, 2014
BY
Richard Cox
US Corporate Earnings and Macro Data to Guide Sentiment; S&P 500 Remains Caught in Uptrend Channel
The Euro gave up some of yesterday's gains overnight as the market waits for the Greek government to ...
July 25, 2014
BY
Richard Cox
Trading Volumes Lower as Asia Prepares for Holiday; S&P 500 Pushes to New Highs
Trading volumes in Asia trailed off to close the week as investors pack up shop before next week's ...
July 25, 2014
BY
Richard Cox
Markets Sideways with End of Week Event Risks in Focus; FTSE 100 Approaches Major Resistance
Most of the major stock indices across the globe finished last week higher, and the Euro STOXX 50 ...
July 25, 2014
BY
Richard Cox
Political Protests in Italy to Effect Risk Sentiment; EUR/USD Remains Vulnerable above 1.30
Political events in Italy are getting some of the market's attention as protestors in Italy show dissatisfaction with ...
July 25, 2014
BY
Richard Cox
Currency Markets in Focus as Fed Meeting Expectations Weigh on Japanese Yen; S&P 500 Faces Double Top Resistance at 1315
Currency markets saw some of the biggest moves in the previous session with weakness in the Japanese Yen ...
July 25, 2014
BY
Richard Cox
Bernanke Comments Push Equities and Commodities Prices Higher; Oil Trades above $100 per Barrel
Equity markets in Asia were seen rallying overnight and posted fresh three month highs after the Chairman of ...
July 25, 2014
BY
Richard Cox
Corporate Earnings and Greek Event Risks Send Stocks Lower; NZD/USD Pressures Major Resistance
Equity markets posted new highs for the week and then reversed their gains earlier this morning as traders ...
July 25, 2014
BY
Richard Cox
Fitch Downgrades Long Term Credit in 5 EU Nations; NZD/USD Fails at Critical Resistance Levels
Late on Friday, markets were hit with some risk negative headlines as Fitch elected to downgrade the credit ...
July 25, 2014
BY
Richard Cox
Markets Push Higher on Greek Debt Progress; S&P 500 Tests 1315 Resistance
Asian stock and risk currencies are higher as we start trading in Europe on positive news from Greece ...
July 25, 2014
BY
Richard Cox
Chinese Manufacturing Data Helps Asian Markets Reverse Losses; S&P 500 Still Focused on 1315 Resistance
Equity markets in Asia were higher for the most part on the back of positive manufacturing data out ...
July 25, 2014
BY
Richard Cox
Positive Eurozone Manufacturing Data Supports Markets Before US Non Farm Payrolls; FTSE 100 Seen Stalling at Range Highs
Risk assets managed to make a run higher yesterday as markets received a positive surprise from European manufacturing ...
July 25, 2014
BY
Richard Cox
Central Bank Intervention a Possibility as Markets Await US Non Farm Payrolls; USD/JPY Hovers above 75.50 Support
The overnight session was market by very quiet trade as no headlines emerged out of the Eurozone and ...
July 25, 2014
BY
Richard Cox
Markets Higher on Strong US Non Farm Payrolls; S&P 500 Presses to New Highs at 1340
Equity markets finished last week in positive territory as risk sentiment was stoked by the very strong Non ...
July 25, 2014
BY
Richard Cox
Aussie Dollar Rallies as RBA Leaves Interest Rates on Hold; AUD/USD Breaks above 1.08
Markets experienced a jolt overnight as the Reserve Bank of Australia surprised markets at its latest monetary policy ...
July 25, 2014
BY
Richard Cox
Euro Higher on Positive Greek Headlines; Nikkei 225 Pushes above Psychological Levels at 9000
The Euro moved higher last night against most of the majors as markets were encouraged by the latest ...
July 25, 2014
BY
Richard Cox
ECB Monetary Policy Meeting to Set Today’s Trading Tone; S&P 500 Continues to Pressure 1350
The Euro continues to press higher ahead of today's ECB monetary policy meeting where most of the attention ...
July 25, 2014
BY
Richard Cox
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