Flattish tones observed in early trades German DAX futures +0.1% French CAC 40 futures 0.1% UK FTSE futures -0.1% ForexLive Equities sentiment isn’t really signalling solid risk-on tones for the time being but with the S&P 500 close to record high and US futures also up, it could buoy sentiment later on in the trading
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Risk sentiment in the market was somewhat quiet amid a lack of data. Minor reports on the US-China trade deal did not bring much cheer. Equities were up only slightly, while safe-haven assets were on the back foot. The Brexit saga continues after the UK parliament rejected the Brexit deal over the weekend. However, the
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Statistics Canada will be releasing the monthly retail sales report. This will be one of the last few economic reports that will feed into the Q3 GDP. Canada will be officially releasing the final third-quarter GDP estimate in a week’s time. Currently, Q3 GDP estimates are around 1.8%. A slightly higher retail sales report could
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Trade positive headlines keep Antipodeans firm. GBP/USD stays firm ahead of another key day for Brexit. Early polls indicate Canadian PM Trudeau to form a minority government. Forex today carries the previous risk-on forward, mainly backed by trade-positive comments from the US and China while Brexit headlines, being fewer, failed to disappoint the British Pound
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EUR/USD TECHNICAL ANALYSIS: BEARISH Euro on the upswing vs US Dollar, eyeing resistance above 1.12 Overall trend still bearish but prices threatening 17-month hurdle Confirmation, improved risk/reward needed for actionable setup Get help building confidence in your EUR/USD strategy with our free trading guide! The Euro extended higher after clearing resistance guiding it lower against
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A snippet via BNZ on the Australian and New Zealand dollars overnight: there has been some small outperformance of commodity currencies The NZD … A key line of resistance is at 0.6450, which was the mid-September peak.  AUD found some resistance at 0.6880 Also this on the central banks: Reduced global risks are seeing pricing
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US Dollar Chart Analysis, USD/KRW, South Korean Won –TALKING POINTS USD/KRW has broken 8-month rising support; what next? Weekly chart shows pair is challenging critical 2018 floor Longer-term outlook suggests bearish reversal is evolving Learn how to use political-risk analysis in your trading strategy! Last week, USD/KRW broke through eight-month rising support and is now
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AUD/USD pulls back from five-week high despite upbeat ANZ-Roy Morgan Consumer Confidence. Traders await fresh clues to extend the previous risk-on amid an absence of major data/events on the economic calendar. News will keep the bright spot amid a light economic calendar through the US session. Although weekly consumer confidence data flashed positive signs for
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Senator Elizabeth Warren (D-MA), a 2020 US Presidential hopeful, speaks during the ‘We The People’ Summit at the Warner Theatre April 1, 2019, in Washington, DC. Brendan Smialowski | AFP | Getty Images One Wall Street economist on Monday warned clients about the tax proposals touted by Democratic presidential hopefuls Elizabeth Warren and Bernie Sanders,
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FILE PHOTO: Kenneth Fisher, the founder, chairman, and Chief Executive Officer of Fisher Investments, speaks at the Reuters Investment Outlook Summit in New York, December 5, 2011. REUTERS/Brendan McDermid BOSTON (Reuters) – Fidelity Investments has dropped Fisher Investments as a money manager, a Fidelity spokesman said on Monday, the latest in an accelerating series of
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