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inflation
German GDP and IFO Reports Today’s Main Focus; USD/JPY Shows Burgeoning Uptrend
The Euro remains heavy on its lows with little bounce seen overnight after the negative response to the German Bond auction conducted yesterday. Germany's inability to attract treasury investors is ...
July 27, 2014
BY
Richard Cox
Volatility Slows as Holiday Week Comes to an End; FTSE Approaching Psychological 5000 Level
The Euro continues to trade lower against the majors as event risk continues to favor weakness in equities ...
July 27, 2014
BY
Richard Cox
Credit Downgrades in Belgium Inject Additional Market Uncertainty; S&P 500 Bounces from Critical Support
The Euro was broadly lower last week on holiday-thinned volumes, with the EUR/USD carving out new trading ranges ...
July 27, 2014
BY
Richard Cox
Markets Modestly Higher Despite Additional Downgrade Rumors; GBP/USD Fails at Previous Support Levels
Risk sentiment remained stable during the Asian session after news that sovereign credit downgrades would be receiving additional ...
July 27, 2014
BY
Richard Cox
Market Attention Turns Back to Macro Data; S&P 500 Approaches Resistance at 1200 Level
Markets saw a lift in sentiment overnight as European Finance Ministers were able to reach agreements relating to ...
July 27, 2014
BY
Richard Cox
Central Bank Policy Coordination Brings Buyers to Risk Assets; S&P 500 Rallies to 1250
Markets saw a huge increase in volatility overnight as the news of joint central bank coordination to lower ...
July 27, 2014
BY
Richard Cox
Markets Quiet in Anticipation of Friday’s US Non Farm Payrolls Release; FTSE 100 Stable Ahead of 5630
Risk assets saw a slow drift lower overnight as traders square positions ahead of Friday's critical data releases. ...
July 26, 2014
BY
Richard Cox
Markets Brace for Week of Central Bank Meetings; DAX Pressures Resistance at 6130
Market rumors have started to circulate to start the week, with some European newspapers discussing the possibility that ...
July 26, 2014
BY
Richard Cox
S&P Places 15 Eurozone Nations on Long Term Credit Watch; AUD/USD Fails at 1.0330
The Euro is moving lower against most of its major counterparts after news that Standard & Poor's has ...
July 26, 2014
BY
Richard Cox
ECB, BoE and RBNZ Policy Meetings to Take Center Stage; S&P 500 Pushes Through 1250
Markets are currently in preparation mode for the next three central bank meetings this week as the ECB, ...
July 26, 2014
BY
Richard Cox
Central Bank Rate Cuts and Policy Statements to Guide Today’s Trading; S&P 500 Approaches 1265 Resistance
Today is the beginning of the EU Summit meeting and the main question on traders' minds will be ...
July 26, 2014
BY
Richard Cox
Dollar Gains as ECB Decisions Lack Optimism; S&P 500 Drops to 1230 Support
Equity markets and high yielding currencies continue to push lower as comments from Eurozone officials fail to inspire ...
July 26, 2014
BY
Richard Cox
Euro Reverses Gains as Markets Assess EU Policy Stance; EUR/USD Focused on 1.3280 Support
The Euro is posting a strong reversal from the Friday close (when we saw strong rallies in equities ...
July 26, 2014
BY
Richard Cox
Today’s FOMC Meeting to Guide Trading Bias; DAX Pressures Support at 5760
Equity markets and risk currencies fell another leg lower overnight as traders continue to show skepticism for the ...
July 26, 2014
BY
Richard Cox
Euro Lower as Markets Focus on Bond Auctions in Germany and Italy; EUR/USD Tests New Yearly Lows
The Euro is trading at 11 month lows (even testing 1.30 at one stage) ahead of key regional ...
July 26, 2014
BY
Richard Cox
Markets Watchful of Possible French Downgrades; GBP/USD Tests Support at 1.5430
Equity markets and risk currencies continue to trade lower as global growth concerns are sending investors back into ...
July 26, 2014
BY
Richard Cox
Markets Drift Higher Despite Multiple Bank Downgrades; S&P 500 Faces 1230 Resistance
The US Dollar gave up some of its recent gains in overnight trading after improvements in global macroeconomic ...
July 26, 2014
BY
Richard Cox
French Credit Downgrades Fuel Another Round of Market Uncertainty; DAX Focused on Support at 5610
Markets are continuing their overriding trends that were in place last week, with the US Dollar holding onto ...
July 26, 2014
BY
Richard Cox
Equity Markets Lower on Holiday-Thinned Liquidity Levels; GBP/USD Pushes Toward 1.5770 Resistance
Equity markets saw a slow drift lower on holiday-thinned liquidity and a general lack of market interest as ...
July 26, 2014
BY
Richard Cox
Housing Data Fuels Surge in US Equities; S&P 500 Focused on 1250 Level
Equity markets and high yielding currencies are seeing major advances higher as improved housing data in the US ...
July 26, 2014
BY
Richard Cox
Equity Markets Supported on Lower Volatility; Oil Bounces Off Key Support Levels
Trading ranges seen in equity markets have moved higher with the S&P 500 finding resistance at the 1250 ...
July 26, 2014
BY
Richard Cox
Traders Look to FOMC for Next Year’s Economic Outlook; FTSE Headed for 5490 Resistance
Order flows dropped during the Asian session as traders square positions into the close of the week. Japanese ...
July 26, 2014
BY
Richard Cox
Stock Markets Higher on End of Year Optimism; USD/JPY Targets Psychological 80 Level
Risk sentiment was higher during Asian trading, with the MSCI World Index showing gains for the last 5 ...
July 26, 2014
BY
Richard Cox
Markets Reverse Ending Three Days of Gains; DAX Seen in Tightening Range
Equity markets are lower on Tuesday (snapping a three day bullish run) after the Bank of Japan monetary ...
July 26, 2014
BY
Richard Cox
Italian Bond Auction to Guide Trader Sentiment; FTSE Trades above 5500
European equity markets are seeing declines in volatility but still managing to post gains for the week ahead ...
July 26, 2014
BY
Richard Cox
Markets Lower after Tepid Bond Auction in Italy; EUR/JPY Falls to 10-Year Lows
Equity markets in Asia are showing losses for the third day in a row and this is putting ...
July 26, 2014
BY
Richard Cox
Euro Lower on Anticipated Manufacturing Slowdown; USD/CHF Trades Below 0.94
The Euro continues to lose strength against most of its major counterparts before manufacturing data scheduled for release ...
July 26, 2014
BY
Richard Cox
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