News
-
-
Weekly Technical Forecast: EURUSD and Equities Held Off Critical Breaks in November, Will they Manage the Same in December?
November has come to a close and many benchmark assets have ended the period staving off critical technical breaks. The Dow held an increasingly overt 2018 support now around 24,000 while EURUSD has maintained 1.1200 as a floor. Will this restriction on progress – both the critical break and the commanding reversal – continue into […]
-
Gold Forecast: Bulls and Bears Continue to Tussle – Key Levels
The recent sharp drop in energy prices undermines a key appeal of Gold in the near-term.
-
Weekly CoT Update for Gold, GBP/USD, and Other Major Markets
No real jump-off-the-page one-week changes, but it is worth noting that large speculators are covering GBP into weakness at an unusual rate, while gold traders remain relatively bearish by historical standards.
-
S&P 500 and Dow Jones Outlook: US-China Trade War Truce Sparks Rally
Risk sentiment has been buoyed amid the trade war truce between the US and China, following the G20 summit.
-
XE Market Analysis: Europe – Dec 03, 2018
A risk-on theme drove the higher beta currencies higher, such as the Dollar bloc and emerging market currencies, while weighing on the Yen and Dollar. This came on news that the Trump and Xi came to a truce, with China has agreeing to “reduce and remove” tariffs below 40% on imports of U.S. vehicles, according […]
-
XE Market Analysis: North America – Dec 03, 2018
The Dollar has traded mixed, recovering from intraday losses against the Euro and Sterling, among other currencies, while reversing an Asia-opening gap higher in the case against the Yen, and losing ground to the Dollar bloc and most emerging-market currencies, which outperformed strongly as risk appetite was revived by news that the U.S. and China […]
-
-
-
-
-
-
-
-
-
-
Dollar Feigns Confidence but Depends on Liquidity to Save Its Bull Trend
The Dollar has maintained its general bullish bias of the past 10 months, but progress has been fraught with indecision. Course setting and perhaps even full trend may now ride on the level of liquidity and volatility in the markets through December.
-
Technical Forecast for Dow, S&P 500, FTSE 100, DAX and Nikkei
US stocks put in recovery moves this week as the book was closed on November trade. But can that enthusiasm remain into the final month of a volatile 2018?
-
EUR/USD Weekly Technical Forecast: Euro Price Action Contraction
The Euro has been an indecisive animal and that looks set to continue as a triangle pattern looks to be in the works before making a move (likely down…).
-
Sue 1MDB's ex-bosses, auditors – DAP lawmaker
KUALA LUMPUR (Dec 2): The new management of 1Malaysia Development Bhd (1MDB) can take a leaf from the multiple suits brought by plantation giant FGV…
-
Malaysia Airlines' operational progress in line with recovery plan, says CEO
KUALA LUMPUR (Dec 2): Although relatively little is being said and publicised about Malaysia Airlines Bhd’s recovery plan, a substantial amount of progress has actually…
-
Govt must prioritise bread and butter issues, says PKR lawmaker
PETALING JAYA (Dec 2): While institutional reform is needed in the country, the “basic bread and butter economic issues” must be prioritised to prevent backlash…
-
-
-
-
-
-