Weekly Trading Forecast: US and China Ensure Trade Wars, Dollar and Pound Look for Guidance

Risk trends were remarkably sanguine this past week in the face of confirmed tariffs placed by the US and China on each other. Don’t expect risk trends or benchmark FX currencies to simply ignore the growing risks going forward. See what live coverage is scheduled to cover key event risk for the FX and capital […]

Bounce Over for Cryptocurrencies? A look at Ethereum, Ripple & Litecoin

The other day we highlighted the weekend reversal bars carved out across the cryptocurrency spectrum, making note of how it should lead to further upside in the short-term. However, we are already seeing those bounces fizzle and the likes of Ethereum, Ripple, and Litecoin look headed towards taking out their respective key-reversal daily lows. If […]

Crude Oil Prices Look to API Inventory Data for Direction

Talking Points: Crude oil prices drop, seemingly correcting after Friday’s surge Gold prices rise amid pre-positioning for Friday’s Yellen speech API inventory flow report, Trump rally in Arizona now in focus Crude oil prices dropped even as Libya halted delivers from the Shahara field, its largest. Compliance with the OPEC-led production cut accord reportedly weakened […]

Asian Stocks Gain As Investors Look to Trump/Xi Summit

Talking Points Asian stocks managed gains despite a degree of geopolitical uncertainty President Trump meets President Xi on Thursday, and North Korea fired another missile The US Dollar crept lower, losing early gains Asian stocks largely gained Wednesday although their session was overshadowed by concerns about what will transpire when US President Donald Trump meets […]

Asian Stocks Gain, Look Hopefully to US Tax Plans

Talking Points Most Asian markets ended a quiet Monday session in the green The ASX was an exception, weighed down by the energy and industrial sub-sectors, which returned some recent gains With the US out for holiday, action could be slight through the European session Asian markets were generally higher on Monday, with investors reportedly […]

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Euro Traders Look to US Dollar for Next Major Moves

Fundamental Forecast for Euro: Neutral The Euro surged to multi-month highs versus the US Dollar despite a fairly uneventful week for both Europe and the US. And indeed the release of official minutes from both from both the European Central Bank and US Federal Reserve’s recent meetings did little to alter market outlook. A fairly […]