European investors aren’t perturbed by what’s happening in the bond market German DAX futures +0.1% French CAC 40 futures +0.3% UK FTSE futures +0.4% Are equities being complacent again as they were yesterday? I remain a bit skeptical on the gains here unless bond yields start turning the corner. As long as the latter remains
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Asian Stocks Talking Points: Wednesday proved a mixed session, with momentum probably to the downside overall Lower US Treasury yields kept growth worries simmering New Zealand business confidence remained woeful Find out what retail foreign exchange investors make of your favorite currency’s chances right now at the DailyFX Sentiment Page Asia Pacific stock markets put
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China’s flexibility China has reportedly given larger concessions on the topic of technology transfer, according to a Reuters report citing un-named officials, but there still remain a number of tough points for negotiation. Other area under discussion include cyber theft, intellectual property rights, services, currency, agriculture and non-tariff barriers to trade. In an interview with
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Prepared by Jeff Halley, Senior Market Analyst The Turkish delight that bites Yesterday’s Turkish travails are hinting at the pressure emerging markets may face later in the year as the global economy slows. The cost of borrowing Turkish Lira (TRY) for offshore parties rose to over 1000% as the Turkish central bank squeezed TRY sellers
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New Zealand Dollar, ANZ Business Confidence Talking Points: ANZ’s sentiment measure wilted again Weak confidence remains entrenched and will likely hit investment going forward The Reserve Bank’s new caution may enhance the currency impact of soft data Join our analysts for live, interactive coverage of all major economic data at the DailyFX Webinars. We’d love
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“NORDIC NOIR” crime fiction portrays the dark underbelly of societies which appear on the surface to be staid, comfortable and law-abiding. The region’s financial systems, too, have a surprisingly seedy side. The long-held notion that Scandinavian banks are among the world’s least susceptible to financial crime has been shattered in recent months, as big banks
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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, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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Yields -Continue to slide on economic concerns Brexit – May offers resignation in exchange for Brexit deal EM currencies – Turkey measures have investors selling other EM currencies Oil – Crude stockpiles rise Gold – Slides on profit-taking Bitcoin – Rises as volatility eases Yields Right now, bonds are driving the move with all asset
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Dow Jones Outlook Talking Points: Dow Jones Outlook: Index Awaits US GDP on Shaky Ground The Dow Jones will look to Thursday’s release of the finalized GDP data from the United States. While the initial fourth quarter figure – which often has a larger market reaction – was released a month ago, the final yearly
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