Market News
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Crude Oil Weekly Price Outlook: WTI Rally
Fizzles Ahead of Resistance
by Michael Boutros, Currency Strategist on January 22, 2019 at 4:30 pm
Crude oil prices are vulnerable near-term after rallying more than 18% YTD to fresh six-week highs. Here are the levels that matter on the WTI weekly chart. […]
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DXY Index Continues Push High on Back of
EUR/USD Weakness
by Christopher Vecchio, CFA, Sr. Currency Strategist on January 22, 2019 at 2:30 pm
Weak German ZEW data coupled with more hopes of avoiding a no deal, ‘hard Brexit’ outcome have led the Euro lower and the British Pound higher on Tuesday. […]
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US Dollar, Yen Rally May Continue as All Eyes
Turn to Davos
by Ilya Spivak, Sr. Currency Strategist on January 22, 2019 at 7:30 am
The US Dollar and the Japanese Yen may rise further as a worried tone emerging form the World Economic Forum in Davosstokes safety-seeking capital flows. […]
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Crude Oil Prices May Fall if Dour Mood in
Davos Spooks Markets
by Ilya Spivak, Sr. Currency Strategist on January 22, 2019 at 5:00 am
Crude oil prices may fall as a dour mood at the World Economic Forum getting underway in Davos, Switzerland weighs on market-wide risk appetite. […]
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FX Week Ahead: Brexit Progress; NZ CPI;
Aussie Jobs; BOJ & ECB Rate Decisions
by Christopher Vecchio, CFA, Sr. Currency Strategist on January 21, 2019 at 8:08 pm
The week ahead will feature UK PM May on the Brexit hot seat, ECB President Draghi massaging 2019 rate hike expectations, and US President Trump mired in the US government shutdown. […]
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Weekly Fundamental Forecast: Trade Wars,
Chinese GDP and Rate Decision Bridge Themes and Event
Risk
by David Song, Currency Analyst;Daniel Dubrovsky, Junior Analyst;Nick Cawley, Analyst;Ilya Spivak, Sr. Currency Strategist;Rich Dvorak, Junior Analyst;Christopher Vecchio, CFA, Sr. Currency Strategist;Peter Hanks, Junior Analyst on January 21, 2019 at 1:30 pm
Risk appetite continues to gain a foothold across the market spectrum, but where is this enthusiasm coming from? […]
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Euro Forecast: Dour Mood Expected at ECB
Meeting; PMIs on Wednesday
by Christopher Vecchio, CFA, Sr. Currency Strategist on January 21, 2019 at 1:30 pm
A busier week on the economic calendar should bring more attention back to the Euro, although the European Central Bank meeting on Thursday is the obvious top ticket item of the week. […]
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British Pound May Rise if Alternative Brexit
Deal Also Crumbles
by Ilya Spivak, Sr. Currency Strategist on January 21, 2019 at 7:30 am
The British Pound may rise if opposition to UK Prime Minister May’s latest Brexit deal attempt looks insurmountable on hopes that a second referendum is up next. […]
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Crude Oil Price Rise May Stall as Gold Eyes
US Shutdown, Brexit
by Ilya Spivak, Sr. Currency Strategist on January 21, 2019 at 4:00 am
Crude oil prices may struggle for follow-through on Friday’s spirited advance as a holiday closure in the US saps market-wide liquidity levels. […]
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China GDP Menacing Markets, Trade War End
Would Come with Costs
by Daniel Dubrovsky, Junior Analyst on January 21, 2019 at 12:00 am
Disappointing Chinese GDP data may spook investors. An end to the US-China trade war might come with hidden costs for financial markets. […]
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Dow Holds on to Trade War Hopes and Earnings,
Others to China GDP
by Peter Hanks, Junior Analyst on January 20, 2019 at 10:00 am
The US stock market will look to trade war developments and earnings season while other global equity markets will keep an eye on Chinese GDP figures. […]
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Gold Weekly Fundamental Outlook: Will USD
Gains and Returning Optimism Fade?
by Rich Dvorak, Junior Analyst on January 19, 2019 at 8:00 pm
Gold price action faltered last week due to returning optimism in the markets, but is the reversal in trader sentiment here to stay? […]
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Gold Weekly Fundamental Outlook: Will USD
Gains and Returning Optimism Fade?
by Rich Dvorak, Junior Analyst on January 19, 2019 at 8:00 pm
Gold price action faltered last week due to returning optimism in the markets, but is the reversal in trader sentiment here to stay? […]
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US Dollar May Find Support as Global Outlook
Worries Mount
by Ilya Spivak, Sr. Currency Strategist on January 19, 2019 at 1:00 pm
The US Dollar may continue to find support in haven-seeking capital flows as key data from China, the EU and the IMF darken the outlook on global growth. […]
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GBP Fundamental Forecast: Bulls Taking
Control of Sterling
by Nick Cawley, Analyst on January 19, 2019 at 6:00 am
Sterling rallied after PM May’s contentious Brexit bill was shot down in flames in the House of Commons and that leaves a No Deal Brexit increasingly unlikely. […]