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S&P 500
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, which beat expectations coming in at 53.1 (estimates were looking for a ...
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
Markets See Modest Lift on Positive Alcoa Earnings; DAX Targets Support Seen at 6610
European equity markets bounced from their lowest levels in 2 months, following the positive close in the US ...
July 25, 2014
BY
Richard Cox
Australian Employment Data Lifts Markets; GBP/USD Seen Testing 1.6060
Australian employment figures brought a lift to markets overnight, as the much stronger figure surprised traders with a ...
July 25, 2014
BY
Richard Cox
Lower Chinese GDP Weighs on High Yielders; FTSE 100 Focused on 5495 Support
Markets are trading mostly sideways with safe haven assets seeing a slightly bid tone after disappointing GDP data ...
July 25, 2014
BY
Richard Cox
Safe Haven Assets Higher to Start the Week; S&P 500 Caught in Downtrend Channel
Risk assets were lower to start the week on Monday after a relatively quiet week of trading as ...
July 25, 2014
BY
Richard Cox
Markets Higher Ahead of UK Inflation Data; USD/JPY Targets Sub-80 Test
Equity markets in Europe were higher for the second consecutive day, reversing some early session losses ahead of ...
July 25, 2014
BY
Richard Cox
Markets Lower on Corporate Earnings and Central Bank Decisions; S&P 500 Faces 1390 Resistance
Equity futures in the US are seeing some selling pressure as declines in earnings at Intel and IBM ...
July 25, 2014
BY
Richard Cox
Equity Markets Stall Despite Strong Performance in Financials; Nikkei 225 Maintains Weekly Downtrend Targeting 9395
US equity markets are opening with some light selling pressure despite some positive stories out of Europe. During ...
July 25, 2014
BY
Richard Cox
GE and Microsoft Earnings Keep Markets Supported; Euro Rises to 1.3210 Resistance
Risk currencies and equity markets are rising at the start of the US session (breaking two consecutive days ...
July 25, 2014
BY
Richard Cox
Political Risks and Macro Data Send Euro Lower; Gold Pressures Support at 1620
The Euro was broadly lower to start the week as political risks and weakness in macro data weighed ...
July 25, 2014
BY
Richard Cox
Today’s Earnings Report from Apple Likely to be a Key Driver of Sentiment; AUD/USD Targets 1.0120
Asset markets are trading mixed overnight, with Asian equities closing lower and European index futures seeing gains ahead ...
July 25, 2014
BY
Richard Cox
Apple and Boeing Beat Analyst Estimates and Keep Markets Supported; USD/CAD Vulnerable Below 0.9840
Equity futures in the US (suggesting a second consecutive day of gains) after Apple (AAPL) released corporate earnings ...
July 25, 2014
BY
Richard Cox
RBNZ Leaves Interest Rates Steady with Positive Outlook; FTSE Focused on Test of 5600
The Reserve Bank of New Zealand (RBNZ) conducted its monetary policy meeting overnight and left its base rates ...
July 25, 2014
BY
Richard Cox
Asian Market Lower Despite BoJ Pledge to Inject Stimulus; EUR/JPY Seen Targeting 97.50
Equity markets in Asia are lower on the day breaking two consecutive days of gains as the main ...
July 25, 2014
BY
Richard Cox
Consumer Price Inflation in Europe Seen Moderating; DAX Targets 6930 Test
Consumer price inflation (CPI) in Europe dropped during the month of April, as the latest release showed that ...
July 25, 2014
BY
Richard Cox
RBA Surprises Markets and Cuts Interest Rates to 3.75 Percent; AUD/USD Targets 1.0240
The Reserve Bank of Australia (RBA) reduced is base interest by 50 basis points to the lowest level ...
July 25, 2014
BY
Richard Cox
Markets Higher on Positive Manufacturing Data from US and China; S&P 500 Headed for 1420 Test
Equity markets in Europe and Asia are pushing higher, encouraged in large part by the latest upside surprise ...
July 25, 2014
BY
Richard Cox
Negative Sentiment Driven by Surge in New Zealand Unemployment Rate; DAX Seen Dropping into Low 6500s
Equity markets in Asia were lower overnight, along with a drop in both Gold and the New Zealand ...
July 25, 2014
BY
Richard Cox
Markets Await European Election Results and US NFPs; S&P 500 Headed for 1375 Test
Equity markets in Europe were lower as traders pare back positions ahead of the next regional event risk. ...
July 25, 2014
BY
Richard Cox
Latest Elections Install Anti-Austerity Candidates in Both France and Greece; EUR/USD Falls Through 1.30
Equity markets in Europe gapped lower to start the week after weekend headlines centered on the election outcomes ...
July 25, 2014
BY
Richard Cox
Political Gridlock in Greece Brings Sellers to European Equity Markets; USD/JPY Headed for 79.05 Test
Equity markets in Europe are trading back to the downside after yesterday's late session rally on negative sentiment ...
July 25, 2014
BY
Richard Cox
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