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emerging markets
Markets Lower as Greece Fails to Implement Austerity Measures; FTSE 100 Vulnerable above 5860
Equity markets and high yielding currencies moved lower overnight on news stories that European finance ministers failed to pass its latest loan tranche of 130 billion Euros due to the ...
July 25, 2014
BY
Richard Cox
Market Volumes and Technical Indicators Signal Possible Bear Reversal; FTSE 100 Falls Below 5810
Markets continue to experience a hangover from the holiday-thinned volume conditions seen earlier this year and equity markets ...
July 25, 2014
BY
Richard Cox
Bank of Japan Injects Market Volatility with New Inflation Target; NZD/USD Showing Short Term Reversal Signals
Markets were injected with some renewed volatility overnight as the Bank of Japan (BoJ) concluded its latest monetary ...
July 25, 2014
BY
Richard Cox
Markets Higher on Positive Chinese Comments; GBP/USD Fails at 1.59
Equity markets were higher overnight on improved risk sentiment after the Governor of the central bank in China ...
July 25, 2014
BY
Richard Cox
Markets Lower as Greek Teleconference Shows Little Progress; EUR/USD Falls Back Below 1.30
Risk sentiment was lower in Asian trading as markets are starting to price-in the possibility that Greece will ...
July 25, 2014
BY
Richard Cox
Volatility Slows as Markets Await Monday’s European Finance Ministers Meeting; Oil Approaches Major Resistance at 103.50
Market volatility has slowed as investors await the results of the next meeting with European finance ministers (set ...
July 25, 2014
BY
Richard Cox
Risk Assets Move Higher as European Finance Ministers Meet on Greece; S&P 500 Moves above 1360
Risk assets are moving higher to start the week as markets are expecting European leaders to release a ...
July 25, 2014
BY
Richard Cox
Sentiment Improves as Second Bailout Loan is Disbursed in Greece; EUR/USD Tests 1.3290 Resistance
The Euro is trading on a firm footing on Tuesday after the meeting between European finance ministers came to ...
July 25, 2014
BY
Richard Cox
Markets Drift Higher on Lack of Negative European News; FTSE 100 Still Seen Failing at 5390
Safe haven assets are seeing some modest selling ahead of macro data out of the US. Today's reports ...
July 25, 2014
BY
Richard Cox
Volatility Drops as Markets Look for Next Fundamental Driver; Oil Trades above 105.40
Volatility slowed during the Asian session as markets consolidate the latest rallies and investors look for the next ...
July 25, 2014
BY
Richard Cox
Markets Look Ahead to Weekend G20 Meeting; AUD/JPY Targets 87.60
Risk assets were supported in overnight trading, with the exception of the Euro, which was modestly weaker on ...
July 25, 2014
BY
Richard Cox
Corporate Earnings in Focus with Little Macro Data Scheduled for Today; Nikkei 225 Hits Resistance at 9715
The Euro is trading near it closing level from last Friday with the next regional event coming with ...
July 25, 2014
BY
Richard Cox
S&P 500 Closes-In on Highest Print Since Lehman Collapse; EUR/USD Trades Comfortably above 1.34
Stock futures in the US are pointed toward a higher open with the S&P 500 indicating that we ...
July 25, 2014
BY
Richard Cox
Markets Push Higher Ahead of Bernanke Congressional Testimony; FTSE 100 Seen Vulnerable above 5900
Equity markets and high yielding currencies moved higher overnight as traders focus on the European Central Bank's (ECB) ...
July 25, 2014
BY
Richard Cox
Global Manufacturing Data to Guide Today’s Trading Sentiment; S&P 500 Focused on 1375 Resistance
Risk assets and high yielding currencies are recovering some of yesterday's losses ahead of macro data out of ...
July 25, 2014
BY
Richard Cox
Bonds Rise after Negative Retail Sales Report in Germany; Nikkei 225 Seen Testing Support at 9630
German bonds rose for the first time this week after macro data showed that Retail Sales were weaker ...
July 25, 2014
BY
Richard Cox
Eurozone Retail Sales to Determine Sentiment in Equities; FTSE 100 to Test 5840
Selling in the Euro helped to drag down the other high yielding currencies to start the week as ...
July 25, 2014
BY
Richard Cox
Markets Lower Ahead of Eurozone GDP Figures; EUR/USD Poised for Test of 1.30
Risk aversion is the main theme in markets today, with the Euro trading lower ahead of some key ...
July 25, 2014
BY
Richard Cox
Australian and Eurozone GDP Figures Weigh on Sentiment; FTSE 100 Falls Through Critical Support
GDP figures out of Australia showed that growth slowed in the previous quarter, coming in at a rise ...
July 25, 2014
BY
Richard Cox
ECB, BoE and BoC Policy Meetings to Guide Trading Today; USD/CAD Heads for Test of 0.99
Macro data out of Australia overnight came in negatively (for the second time this week) as jobs data ...
July 25, 2014
BY
Richard Cox
Markets Steady Ahead of Today’s Heavy Data Calendar; DAX Trades at Long Term Resistance
The Euro is coming off of yesterday's highs ahead of regional data out of Germany and France. This ...
July 25, 2014
BY
Richard Cox
Markets Open Lower Despite Strong US Non Farm Payrolls; Nikkei 225 Approaches Long Term Resistance
The main event to close trading last Friday was the release of the US Non Farm Payrolls figures, ...
July 25, 2014
BY
Richard Cox
Greek Bailout Approval Sends Risk Assets Higher; Oil Remains Firm Above 106
The Bank of Japan monetary policy was the main story overnight and a later-than-scheduled response led to speculation ...
July 25, 2014
BY
Richard Cox
US and Japanese Central Bank Meetings Show Diverging Policies; Gold Targets 1630
Volatility was seen in US bond markets yesterday, after the policy statement following the latest FOMC meeting brought ...
July 25, 2014
BY
Richard Cox
Norges Bank Surprises Markets by Cutting Base Rate to 1.5 Percent; FTSE 100 Remains Focused on 6080 Level
The Swiss National Bank held its monetary policy meeting yesterday and affirmed its foreign exchange price floor relative ...
July 25, 2014
BY
Richard Cox
Volatility Slows as Markets End Mixed; EUR/JPY Trades Near Yearly Resistance
Volatility overnight slowed with both equities and currencies markets showing mixed results. There were some headlines relative to ...
July 25, 2014
BY
Richard Cox
US Equity Markets Push Higher after Stress Tests for Private Banks; S&P 500 Breaks above 1400
Equity markets finished higher for the 5th week in a row after the US Federal Reserve upwardly revised ...
July 25, 2014
BY
Richard Cox
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