High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Religious nutjobs are everywhere – Sydney (Australia) church stabbing a terrorist attack
Over the weekend a mentally ill man stabbed and killed six people, mainly women, in an attack in a major Sydney shopping mall. this was not a terror incidident.However, police have confirmed that a stabbing attack on Monday in a Sydney church was a terrorist attack. A...
Bank of Japan to place less emphasis on inflation rate when setting monetary policy
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
JP Morgan says earnings beats don’t mean prices higher this season
Analsyts at JP Morgan expect companies to beat in earnings, but that's not necessarily enough to send prices higher. “The likely earnings beats do not necessarily mean that equities will advance during the reporting season,” JPM argue that weighing on prices are:the...
Research shows impact of geopolitical events “have tended to lead to short-sharp selloffs”
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Goldman Sachs warns trend following hedge funds could sell up to US$42bn over next month
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Forexlive Americas FX news wrap 15 Apr: Stocks lower/yields w/ geopolitical &strong growth
Today, a combination of higher rates after stronger than expected Retail Sales for March and geopolitical fears on the back of the weekend military aggression from Iran on Isreal sent yields higher and stocks lower. The reports that Isreal would look to retaliate was...
US stocks close with sharp declines. Higher yields/geopolitical risk weighs on the indices
The US stocks are closing with sharp declines as higher yields and geopolitical risks weighed on the indices. The NASDAQ index is the biggest decline with a fall of over -1.7%. The S&P index fell by over -1.1%.The final numbers are showing:Dow industrial average...
Iran says it will respond to a a possible Israeli retaliatory attack ‘within seconds’
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Economic calendar in Asia Tuesday, 16 April 2024
'Activity' data from China is due, for March, along with GDP for Q1. The March data is expected to show slowing from February for retail and IP but a slight pick up in investment. Yesterday we had the People's Bank of China hold the MLF rate unchanged and not...
Trade ideas thread – Tuesday, 16 April, insightful charts, technical analysis, ideas
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
AUDUSD breaks lower. Below trend line and low of swing area
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Earnings releases this week. Netflix, TSMC, American Express, Bank of America
The earnings calendar was unofficially kicked off on Friday after J.P. Morgan, Wells Fargo, Citigroup reported. This week, the elder gets a little bit more varied. What are some of the bigger names scheduled and when this week?Tuesday before the open:Bank of America,...
Crude oil futures settle at $85.41
Crude oil futures are settling a day at $85.41. That's down $0.25 or -0.29%. The high price reached $86.11. The low price was at $84.05. That was a multi-week low. The drop earlier today came despite continuous geopolitical tensions and the potential for an...
The NASDAQ tumble continues with the index currently down near 1.5%
The selling has intensified in the NASDAQ index. It currently trades down around 1.51% at 15931.81. The low price reached 15909.20. That took the price to the lowest level since March 5.Technically, the March 5 low comes in at 15925.91, and would be the next target...
Bitcoin trades to a new session low. What next?
So much for a safe haven? Or store of value?The price of bitcoin is trading below the $64,000 level again. The low price for the day reached $63,696. Over the weekend, the price moved down to a low of $61,308. That was the lowest level since March 20. In the trading...
AUDUSD trades up and back down. Tests a swing area target between the 0.6442 and 0.6455.
The AUDUSD moved higher in the Asian session as sell the rumour, buy the fact price action after the Iran attack on Isreal over the weekend. HOwevet, the price has moved back to the downside over the last few hours of trading, as is really suggest another retaliatory...
Israel’s response to Iranian attack may be imminent
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
NASDAQ index now down -0.50%
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Atlanta Fed GDPNow Q1 growth 2.8% after stronger retail sales
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...