Uncategorized

Talking Points: ISM Manufacturing Index softens to lowest level since November 2016 Business activity continues to expand, but at much lower levels Downbeat reading worsens US selloff The ISM Manufacturing Index falls short of expectations for December with a reading of 54.1 compared to survey estimates of 57.5. While the report lists the overall economy
0 Comments
Despite the US government shutdown, we are still expecting the release of the US Non-Farm Payroll data at 8:30 EST (14:30 CET), along with its accompanying myriad of important employment data. Is the downturn in the stock market just an issue with the market, or are there underlying economic problems? Analysts will be turning to
0 Comments
A pesar del cierre parcial del gobierno estadounidense, seguimos esperando la publicación de los datos de empleo agendada para las 7:30 hora de México (14:30 hora de Madrid). ¿Es la caída de la bolsa sólo un problema del mercado, o es una señal de problemas más profundos? Analistas estarán mirando de cerca estos datos para
0 Comments
AUDUSD price, news and analysis: Further signs of a slowing Chinese economy, the US-China trade war and domestic economic weakness will likely put the AUDUSD price under further downward pressure. The 2016 lows for the pair are now a possible target. AUDUSD price weakness may resume After a short period of relative stability, the AUDUSD
0 Comments
FTSE 100 price, news and analysis: The FTSE 100 index of London-listed stocks reflects global economic conditions rather than the UK economy, and that makes it particularly susceptible to a global slowdown. In particular, the heavy weighting of mining and energy stocks could lead to underperformance against other major stock indexes. China slowdown puts FTSE
0 Comments
Asian Stocks Talking Points: Equity indexes lost ground across the board Chinese data flow continues to cause concern, with another weak print coming in from the manufacturing sector Haven currencies found favor Find out what retail foreign exchange investors make of your favorite currency’s chances right now at the DailyFX Sentiment Page Most Asian indexes
0 Comments
Setting up long-term trades is quite a bit different than seeking out short-term setups or swing trades. While shorter-term charts will offer nearby support or resistance levels to use in pre-trade plans, longer-term setups generally require better incorporation of fundamental themes and considerably more projection; because, after all, the trader would be looking at a
0 Comments
Australian Dollar, China Manufacturing PMI Talking Points: The Australian Dollar slid a little on news that China’s manufacturing sector contracted in December The official Purchasing Managers Index came in below 50 for the first time since the middle of 2016 Trade détente with the US is becoming pressing for the Chinese economy First-quarter technical and
0 Comments
Asia Pacific Market Wrap – China Industrial Profits, Nikkei 225, Shanghai Composite Generally, most Asia Pacific benchmark indexes traded higher after climb on Wall Street FX reveals a different story, risk-off mood was amplified by dismal China industrial profits Nikkei 225 has more room to go until resistance breached, US consumer confidence next Find out
0 Comments