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,...
Risk aversion bites harder, US dollar rises to the best levels of the day
The US dollar is at the best levels of the day as S&P 500 futures extend declines to 32 points, or 0.7%.Risk aversion is creeping in with yields rising 7 bps at the front end. Gold is now down 1.2% after rising to a recorder earlier. EUR/USD is down 63 pips and is...
JP Morgan Private Bank says it’s time to lock in the long end
US 10 year yieldsJP Morgan Private Bank is out with its outlook for 2024 and they mostly paint between the lines, seeing inflation coming down and equities headed to new highs. If you're looking for optimism1. Inflation's Cooling, but Stay Sharp: "Inflation will...
Factory orders highlight the US economic calendar, the Fed is now in the blackout
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 European FX news wrap: Dollar steady, gold erases early spike higher
Headlines:Markets:JPY leads, AUD lags on the dayEuropean equities lower; S&P 500 futures down 0.4%US 10-year yields up 3.1 bps to 4.254%Gold down 0.1% to $2,069.43WTI crude down 0.6% to $73.62Bitcoin up 7.4% to $41,675Gold and Bitcoin are the early movers to start...
US futures ease lower ahead of the open later
There's not much in terms of headlines driving the early market moves this week but equities are perhaps looking to consolidate gains ahead of the major events in the coming two weeks. US futures are pointing to a lower start, after five straight weeks of gains. So,...
German businesses retain pessimistic view towards the year ahead – survey
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,...
Dollar keeps steady to start the new week
The dollar is keeping steadier so far in European trading, as risk sentiment is looking a bit nervy to start the new week. The greenback is mostly higher across the board, only down marginally against the Japanese yen. In the bond market, Treasury yields are a touch...
Market Outlook for the Week of 4-8 December
Last week was marked by the RBNZ's decision to maintain its official cash rate, which was interpreted as a hawkish stance by the market. Furthermore, they revised their rate projections, indicating that "if inflationary pressure were to be stronger than anticipated,...
Market Recap: Cryptos Rise; Oil & Gold Down; Stocks Steady
The holidays got a little cheerier amid signs that the major central banks have come to the end of their aggressive tightening postures. Despite protestations from policymakers to the contrary, the markets are now building in the start of rate cuts in 1H 2024. Those...
Eurozone December Sentix investor confidence -16.8 vs -16.4 expected
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,...
SMN total sight deposits w.e. 1 December CHF 474.1 bn vs CHF 473.7 bn prior
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,...
ECB’s de Guindos: Recent inflation data is good news
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,...
BDSwiss Introduces Dynamic Leverage and Zero-Spread Account
Continuing its dedication to providing an enhanced trading experience, BDSwiss announced the launch of its upgraded account offerings, featuring the Dynamic Leverage tool and the innovative Zero-Spread Account. Rolled out on October 31st, Dynamic Leverage is available...
Gold peaking too early in the cycle?
Gold (XAU/USD) daily chartGold surged to a fresh all-time high in thin trading earlier today, touching $2,148 but has now dropped by more than $80 in a stunning reversal as we get into European trading. The fall sees gold sit 0.4% lower on the day to $2,062 and slumps...
European equities hint at a more tepid mood at the open
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,...
Switzerland November CPI +1.4% vs +1.7% y/y expected
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,...
FX option expiries for 4 December 10am New York cut
There are a couple to take note of for the day, as highlighted in bold.The first being for EUR/USD at 1.0860, though the level doesn't really hold much technical significance. Trading sentiment will still largely rely on the bond market and overall risk mood but all...
Germany October trade balance €17.8 billion vs €17.1 billion expected
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,...
China-EU Summit to take place on Thursday this week
This will be the first in-person summit between China and EU leaders since 2019. We will see Charles Michel, Ursula von der Leyen and Josep Borrell representing the EU while China will be represented by Xi Jinping and Li Qiang.The summit is expected to last for two...