Crude Oil Slumped over -3% on Inventory BuildCrude oil prices slumped as US inventory soared last week. The front-month WTI contract declined for a third consecutive day, losing -3.56%, to settle at 44.7. The Brent contract also fell -2.75% to c…
British Pound May Rise if Upbeat PMI Cools BOE Easing SpeculationThe British Pound may rise if Augusts’ Manufacturing PMI data tops economists’ forecast, cooling speculation about a further expansion of BOE stimulus efforts. from DailyFX - Forex Market News https:/…
As of September 01, 2016 at 03:05AM, 1 EUR equals 1.4823 AUD.from http://finance.yahoo.com/q/bc?s=EURAUD=X …
Crude Oil Drops Most in a Month as Inventories SwellCrude oil prices posted the largest drawdown in a month as EIA inventories data showing a larger-than-expected swell in stockpiles overshadowed supportive OPEC commentary. from DailyFX - Forex Market …
China’s Market News: Yuan Weakens, While Yield ElevatesThe PBOC continued to guide Yuan rates as well as onshore borrowing rates. from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/08/31/…
AUDUSD Searches for Support as NFPs Take Center StageA string of economic data over the next 48hrs highlights Aussie into the monthly open. Here are the updated targets & invalidation levels that matter heading into the release. from DailyFX - Forex Mar…
USD/CAD Eyes Topside Hurdles Following Dismal Canada GDP ReportUSD/CAD may continue to take out the topside targets following the dismal GDP report as the pair carves a near-term series of higher highs & lows. from DailyFX - Forex Market News https://www.dailyfx.…
Macro Digest: SEC's new money market rules = liquidity crisisWhy October 14 2016 is an absolutely crucial data. The SEC is introducing new money market rules and a byproduct might very well be a liquidity risk. from Steen Jakobsen - Authored content https://www…
Squawk: WTI crude oil is holding above support at $45.75 ahead...WTI crude oil is holding above support at $45.75 ahead of the Weekly Petroleum Status Report from the EIA. The record increase in net-long positions during the past couple of weeks are posing a... fro…
USDOLLAR at Key Resistance; Euro Hurt by Slipping Inflation DataThe US Dollar has been on a nice little run, but today's data could easily shake confidence ahead of Friday's NFP report. from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/dai…
Gold resilient despite strong dollar rate hike oddsGold is heading for its first monthly decline since May after falling victim to a stronger dollar on renewed speculation that the next US rate hike could be seen as soon as September. Sideways trading…
USD/CAD to Extend Bullish Pattern on Dismal Canada GDP ReportA sharp contraction in Canada 2Q GDP may fuel the near-term advance in USD/CAD as it puts pressure on the BoC to further support the real economy. from DailyFX - Forex Market News https://www.dailyfx.…
A chance for GDX to fight back?The bull run in the mining complex has seen a correction that puts the tape in a favourable risk/reward situation for longs. from Tools feed https://www.tradingfloor.com/posts/a-chance-for-gdx-to-figh…
Why I’m trading EuroStoxx: LucasSteve Lucas of 3cAnalysis is planning to trade SEP'16 EuroStoxx. from Tools feed https://www.tradingfloor.com/posts/why-im-trading-eurostoxx-lucas-8028464?utm_medium=tf4-feed&utm_source=extract …
US Dollar Looks to Fed Comments, ADP Data to Inform Policy BetsThe US Dollar remains focused on comments from Fed officials to guide rate hike speculation. Augusts’ ADP labor-market data is also due to cross the wires. from DailyFX - Forex Market News https://www…
Crude and Distillate Stock Builds Weighed Further on Energy PricesEnergy prices remain under pressure as a report shows US inventory rose sharply last week. The front-month WTI crude contract fell for a second day, by -1.34% to 46.35, the lowest in 2 weeks, at close…
Gold Prices Hit Two-Month Low as US Dollar Gains on Fed OutlookGold prices sank to a two-month low as the US Dollar surged following hawkish comments from Federal Reserve Vice Chair Stanley Fischer. from DailyFX - Forex Market News https://www.dailyfx.com/forex/f…
Central Banks are NOT ordinary Gold Investorsfrom 24hGold.com RSS Feed - 24hGold Precious Metals commentaries only http://www.24hgold.com/english/news-gold-silver-central-banks-are-not-ordinary-gold-investors.aspx?article=2838500424G10020&redir…
As of August 31, 2016 at 03:01AM, 1 EUR equals 1.4829 AUD.from http://finance.yahoo.com/q/bc?s=EURAUD=X …
Could the Japanese Yen Finally Break Down?The Japanese Yen fell versus the US Dollar for the first week in five on the heels of a US Federal Reserve-led Dollar surge. from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/…
USD/CAD Rally to Face Canada GDP- Support at 1.2965The advance is approaching near-term resistance ahead of key data tomorrow. Here are the updated targets & invalidation levels that matter heading into the release. from DailyFX - Forex Market News ht…
China’s Market News: Mid-Year Reports Reveal Financial Sectors OutlookChinese banks, securities companies and real estate firms have all published their semi-annual reports. Here are the highlights: from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamen…
EUR/USD Risks Further Losses as Shift in Retail Positioning ContinuesEUR/USD stands at risk for further losses and may share a similar fate to back in May as retail sentiment comes off of the 2016 extreme. from DailyFX - Forex Market News https://www.dailyfx.com/forex/…
What is going on with central banks?: JakobsenThe Jackson Hole symposium showed no clear indication as to where the Federal Reserve is heading according to Saxo Bank chief economist Steen Jakobsen. He says that it is important to see how the Euro…
Fedspeak Drives Dollar Higher, but Will FOMC Actually Hike in 2016?The saga of Federal Reserve rate-hike expectations continues to drive global markets. With a recent increase in hawkishness, are markets looking at a rate hike in the near-term? from DailyFX - Forex M…
USDOLLAR Index Technicals Turning - EUR/USD, USD/JPY KeyFX markets remain on the quiet side, but that doesn't mean significant shifts are developing. from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top…
'Limited need for Opec action': HansenSpeculative talk about an Opec production cap or freeze remains a factor in crude oil markets but the idea may have passed its sell-by date. from Ole Hansen - Authored content https://www.tradingfloor…
From the Floor: Head in the cloudsA broadly positive Asian session coupled with strong German import price data has risky assets enjoying stronger sentiment this morning while the USD rally now rests on rate hike hopes alone. from Ole…
Crude Oil Dropped as Oversupply Concerns ReemergeCrude oil prices declined on Monday, as USD strengthened and Iraq confirmed that it will continue to increase production. This offset Genscape's estimate that Cushing stockpile fell -0.28 mmb in the w…
US Dollar Looks to Fed’s Fischer for Fuel to Resume AdvanceThe US Dollar is looking to comments from Fed Vice Chair Fischer for fuel to continue last week’s advance on the back of swelling rate hike speculation. from DailyFX - Forex Market News https://www.da…
Slowing U.K. Mortgage Applications to Stoke Larger GBP/USD PullbackAnother marked slowdown in U.K. Mortgage Applications may spur a larger pullback in GBP/USD as it puts pressure on the BoE to implement additional monetary support. from DailyFX - Forex Market News ht…
Crude Oil Prices Sink to Range Floor on Cooling OPEC Deal HopesCrude oil prices retreated to range support amid doubts about the likelihood of an accord to freeze output emerging out of next month’s informal OPEC meeting. from DailyFX - Forex Market News https://…
As of August 30, 2016 at 03:05AM, 1 EUR equals 1.4766 AUD.from http://finance.yahoo.com/q/bc?s=EURAUD=X …
New NCCN Imaging AUC released for eight new cancersThe National Comprehensive Cancer Network, a Centers for Medicare & Medicaid Services-approved provider-led entity for imaging appropriate use criteria, continues to build its library of AUC and has p…
GBPJPY at Key Resistance Hurdle Ahead of UK Mortgages- 133.14 SupportThe advance has come into significant Fibonacci resistance to start the week. Here are the updated targets & invalidation levels that matter heading into the release. from DailyFX - Forex Market News …
China’s Market News: USD/CNH Surges to Key Resistance Ahead of G20The big question for USD/CNH this week will be how price action performs around the vaulted 6.7000 psychological level. from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily…
Yellen Triggers Near-Term USD/JPY Breakout- Retail Sentiment FollowsUSD/JPY retail sentiment has pulled back from 2016 extremes as the pair breaks out of a near-term bearish formation following the Fed Economic Symposium. from DailyFX - Forex Market News https://www.d…
Webinar: Post-Yellen USD Advance at Risk into Monthly Close / NFPWebinar highlighting featured setups we’re tracking on SB Trade Desk. Here are the updated targets & invalidation levels that matter this week. from DailyFX - Forex Market News https://www.dailyfx.com…
UPDATE. #SaxoStrats: Gold facing near-term correction riskFollowing the Jackson Hole speech on Friday gold has made another attempt to break lower this time supported by a stronger dollar. from Ole Hansen - Authored content https://www.tradingfloor.com/posts…
FOMC Feedback Loop Takes a Hawkish Turn, USD/JPY RipsNumerous FOMC members were giving hawkish commentary for almost two weeks leading into Jackson Hole. Markets finally responded on Friday, and USD strength continues to run. from DailyFX - Forex Market…
US Dollar Posture Improves as December Rate Hike Odds JumpTechnical conditions have shifted rather dramatically across USD-pairs over the past week. from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx…
#SaxoStrats: More weakness ahead for WTIUS light sweet crude looks set for another September slump as the commodity is exposed following a dramatic jump in speculative longs. from Ole Hansen - Authored content https://www.tradingfloor.com/p…
$46.50/b could be line in the sand: HansenAccording to Saxo Bank's head of commodity strategy Ole Hansen oil has come down since we saw verbal intervention from key Opec producers earlier in August. WTI is currently trading in a $46.50-$48.50…
Trading tips week 35 - technical analysis: KimJames Kim sales trader at Saxo Capital Markets Australia looks at trading strategies during week 35 in a technical analysis of charts for forex indices and commodities. from Tools feed https://www.tra…
COT: Funds cut dollar exposure ahead of Jackson HoleHedge funds reduced bullish dollar bets against eight IMM currency futures by more than one-third in the run-up to last Friday’s Jackson Hole speech by Fed chair Janet Yellen. from Ole Hansen - Author…
COT: Oil bears exiting at the fastest pace on recordIn just two weeks hedge funds have increased bullish bets on WTI crude oil by a record 142 million barrels. But with 87% of the increase being driven by short-covering some concerns may now resurface …
Gold and Silver Fundamentals Upfrom 24hGold.com RSS Feed - 24hGold Precious Metals commentaries only http://www.24hgold.com/english/news-gold-silver-gold-and-silver-fundamentals-up.aspx?article=9092768148H11690&redirect=false&cont…
Yen Drops on Dovish Kuroda Comments. Is the Euro Next?The Japanese Yen fell after BOJ Governor Kuroda hinted more stimulus may be on the way. Similar remarks from the ECB’s Benoit Coeure may pressure the Euro. from DailyFX - Forex Market News https://www…
Swedish SOBI fighting to get back into the rangeSwedish healthcare company SOBI appears range bound and recent attempts to break lower have failed. Instead they have produced fierce throwbacks. A pop back into the range appears likely and the curre…
Fischer Anchors Rate Hike Hopes, Non-farm Payrolls in FocusUSD index retreated modestly on Monday, following the rally last Friday as Fed Chair Janet Yellen noted that the chance of additional rate hike has strengthened. Risky assets continued to retreat. Wit…
Gold, Crude Oil Prices Still at the Mercy of Fed Rate Hike BetsGold and crude oil prices remain at the mercy of Fed rate hike speculation after last week’s fireworks as the US central bank’s favored PCE inflation data crosses the wires. from DailyFX - Forex Marke…
As of August 29, 2016 at 03:03AM, 1 EUR equals 1.4851 AUD.from http://finance.yahoo.com/q/bc?s=EURAUD=X …
The Millennium Starfrom 24hGold.com RSS Feed - 24hGold Precious Metals commentaries only http://www.24hgold.com/english/news-gold-silver-the-millennium-star.aspx?article=2229324668G10020&redirect=false&contributor=Famo…
As August Winds Down, Euro’s Weaknesses Come to LightEUR/USD crashed lower on Friday, posting a significant bearish outside engulfing bar. Recent shifts in market pricing and economic data may justify further weakness. from DailyFX - Forex Market News h…
Weekly Fundamentals - Fed Rate Hike Hopes Soars after Yellen's SpeechRisk appetite softened a tad last Friday after Fed Chair Janet Yellen's relatively more hawkish comments in the Jackson Hole symposium. As Yellen suggested, "in light of the continued solid performanc…
As of August 28, 2016 at 03:01AM, 1 EUR equals 1.4764 AUD.from http://finance.yahoo.com/q/bc?s=EURAUD=X …
Gold Weekly Technical OutlookGold's consolidative trading continued and outlook is unchanged. At this point, further rise cannot be ruled out with 1308.2 support intact. But we'll be cautious on topping around long term fibonacci…
Silver Weekly Technical OutlookSilver's corrective fall from 21.22 extended lower last week. While further decline could be seen, at this point, we'd expect strong support from 38.2% retracement of 13.62 to 21.22 at 18.32 to contai…
Crude Oil Weekly Technical OutlookCrude oil engaged in sideway trading in tight range last week. With 45.84 minor support intact, near term outlook stays bullish for a test on 51.67 resistance. Break will resume whole rally from 26.05…