Dollar Stuck in Range As China Trade Deal Pushed Back


The dollar is settling into a tight range early Friday in Europe ahead of the all-important U.S. employment report,due at 08:30 AM ET (12:30 GMT). The U.S. currency received only a short-lived boost from statements by President Donald Trump which indicated that a trade agreement is still at least four weeks away and gave no details … Continue reading Dollar Stuck in Range As China Trade Deal Pushed Back

Advertisements

Top things to know today :Wednesday


1. Futures Set to Open Higher U.S. markets are set to open higher after a strong set of surveys of the services sector in China and Europe. The Caixin Services PMI rose to a 14-month high, well above expectations, suggesting that China’s economy is emerging from the doldrums. IHS Markit’s euro zone services PMI, meanwhile, hit its highest … Continue reading Top things to know today :Wednesday

Yen gains as global economic worries drive risk aversion


TOKYO (Reuters) - The yen gained against its peers on Monday, touching a six-week peak versus the dollar, as fears in markets of a global economic slowdown fueled demand for the Japanese currency. The yen, a perceived safe-haven which attracts demand times of market turmoil and political tensions, was 0.15 percent higher at 109.79 to … Continue reading Yen gains as global economic worries drive risk aversion

Spring Heralds Smaller Natural Gas Draws; Price-Guessing Intensifies


Spring’s here—and like the ritual cleaning that comes with the season, it’s time to dust the natural gas trading books of positions, as well as projections, that didn’t or aren’t quite likely to make it. But first, there’s another weekly dataset and inventory draw to get out of the way. The U.S. Energy Information Administration is likely … Continue reading Spring Heralds Smaller Natural Gas Draws; Price-Guessing Intensifies


Things to Know in The Market on Wednesday © Reuters. Investing.com - Here are the top five things you need to know in financial markets on Wednesday, March 20 1. Markets Await Fed Announcement, Powell The Federal Reserve is not expected to take action on interest rates at the conclusion of its two-day policy meeting … Continue reading

Commodities Week Ahead: More OPEC Oil Cuts Mantra? Gold Bugs Look Luckier


Cuts, cuts and more cuts—that’s what the oil market is likely to hear of between now and OPEC’s next meeting, with data showing the world still has more crude than it needs and $80 per barrel remaining a wishful Saudi target despite 1.2 million barrels per day—or more—of supply being taken out. Gold, on the … Continue reading Commodities Week Ahead: More OPEC Oil Cuts Mantra? Gold Bugs Look Luckier

Futures slightly higher ahead of inflation data


(Reuters) - U.S. stock index futures inched higher on Tuesday, taking cues from global stocks which rose after last-minute tweaks to Britain's deal to leave the European Union that eased some fears of a no-deal Brexit, and as investors waited for inflation data. European Commission head Jean-Claude Juncker said he agreed to an updated Brexit … Continue reading Futures slightly higher ahead of inflation data

The Impact of the Trade War on the Financial Markets


U.S. politics and the trade war that has emerged in recent months offer multiple trading opportunities, but there are 3 or 4 instruments that are highly relevant to traders. The most directly affected instrument is probably stocks, which tend to move down upon news that trade tariffs are to be introduced or that talks are … Continue reading The Impact of the Trade War on the Financial Markets

Wall Street’s major indexes slumped on Monday after a weak U.S. construction spending report


Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 25, 2019. REUTERS/Brendan McDermid Wall Street's major indexes slumped on Monday after a weak U.S. construction spending report, as investors took advantage of optimism over a U.S.-China trade deal to lock in profits after the market's strong run … Continue reading Wall Street’s major indexes slumped on Monday after a weak U.S. construction spending report

Trump Complains About Stronger Dollar


Trump Complains About Stronger Dollar President Donald Trump renewed criticism of the Federal Reserve and said the U.S. central bank's tight monetary policy was contributing to a strong dollar and hurting the United States' competitiveness. "We have a gentleman that likes a very strong dollar at the Fed," Trump said at the annual Conservative Political … Continue reading Trump Complains About Stronger Dollar

Dollar goes Higher as because of strong GDP, China Bounce gives positiveness


Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid The dollar is drifting higher against other major currencies in early trading in Europe Friday, after a broadly upbeat reading for U.S. gross domestic product was followed by a surprise bounce in Chinese factory … Continue reading Dollar goes Higher as because of strong GDP, China Bounce gives positiveness