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interest rates
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 sentiment is weaker on expectations that today's Eurozone Retail Sales figures will ...
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
Range Trading the Main Theme for Monday’s Open; DAX Uptrend Remains Firmly in Place
Range trading was the predominant theme overnight but gains in safe haven assets have been limited by the ...
July 25, 2014
BY
Richard Cox
Risk Sentiment Aided by Greek Bailout Approval; GBP/USD Seen in Topping Formation
The Euro is modestly higher against the rest of its counterparts on the optimism generated by the parliamentary ...
July 25, 2014
BY
Richard Cox
Euro Moves Higher Ahead of Key PMI Reports; Gold Targets 1620
Rick sentiment relative to the Euro was improved overnight on analyst expectations of an improved PMI report (both ...
July 25, 2014
BY
Richard Cox
Asian Equities Post Biggest Weekly Decline of 2012; FTSE 100 Failing Ahead of Long Term Resistance
Equity markets in Asia dropped on the session and have now posted the biggest weekly decline this year, ...
July 25, 2014
BY
Richard Cox
Markets Steady Ahead of German IFO Report; Key S&P 500 Level Seen at 1400
The Euro is rolling over from the highs posted at the end of last week as traders square ...
July 25, 2014
BY
Richard Cox
Bernanke Comments Lift US Equity Markets; EUR/USD Faces 1.34 Resistance
The US Dollar is higher against most of the majors in early trading after comments from the Federal ...
July 25, 2014
BY
Richard Cox
Euro Lower as Traders Square Positions; USD/CHF Support seen at 0.8940
Markets lacked guidance overnight with little in the way of market moving headlines coming over the wires and ...
July 25, 2014
BY
Richard Cox
Asian Markets Lower after US Durable Goods Disappoint; Oil Seen Supported at 104.20
Asian equity markets were lower for the second day in a row, creating the first monthly decline since ...
July 25, 2014
BY
Richard Cox
Markets Higher Ahead of Next European FinMin Meeting; Nikkei 225 Pressuring Major Resistance at 10,205
Equity futures in Europe are following the Euro currency higher as sentiment rises prior to regional finance ministers ...
July 25, 2014
BY
Richard Cox
Positive Chinese PMI Lifts Australian Dollar; S&P 500 Targets Support at 1385
Over the weekend, the main macro story was the Manufacturing Purchasing Manager's Index (PMI) report out of China, ...
July 25, 2014
BY
Richard Cox
RBA Leaves Interest Rates Unchanged at 4.25 Percent; Gold Seen Struggling below 1680
The Reserve Bank of Australia (RBA) concluded its monetary policy meeting on Tuesday by leaving interest rates unchanged ...
July 25, 2014
BY
Richard Cox
Equity Markets Drop as FOMC Signals End to QE Program; EUR/USD Fails at Trend Line Resistance
European equity markets continue to post declines for the week after the US Federal Reserve signaled that its ...
July 25, 2014
BY
Richard Cox
Spanish Bond Auctions Weigh on Risk Sentiment; S&P 500 Targets 1380 Support
European equity markets continue to post weekly declines, with the Europe Stoxx 600 benchmark showing its biggest drop ...
July 25, 2014
BY
Richard Cox
SNB Credibility Called into Question as EUR/CHF Breaks Price Floor; EUR/USD Approaches 1.30 Level
The big story in forex markets was seen with the Swiss Franc this week as traders test the ...
July 25, 2014
BY
Richard Cox
Dollar Volatility Generated by Disappointing Non Farm Payrolls; S&P 500 Breaks Key Short Term Support
The US Dollar saw a modest rally to start the week, after losses seen on the release of ...
July 25, 2014
BY
Richard Cox
Bernanke Comments Suggest Slow Recovery in the US; Gold Set for 1620 Break
The US Dollar lost some ground overnight after Federal Reserve Chairman Ben Bernanke's latest congressional speech provided a ...
July 25, 2014
BY
Richard Cox
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