Tags : USA

Stocks and Indices

USD Index outlook

  By: Ahura Chalki USD managing to break resistance levels! Among all negative news from the largest economies in the world, like China, Japan, the UK, EU zone and Germany specifically, the US economy still has reasonable data. Actually, analysts believe that in the short term there is nothing to worry about unless the external […]Read More

Fundamental

China vs US

  By: Andria Pichidi Three reasons why China may be confident in going toe-to-toe with Trump. Beijing would have the high ground in any currency war. The evidence so far in the trade war is that it has inadvertently boosted foreign demand for Treasuries — the world’s biggest, most liquid market for risk-free assets, and […]Read More

Forex

FX Update | 31 July 2019

  By: Andria Pichidi EURUSD has settled lower, back under 1.1150, after earlier eking out a 4-session high at 1.1162. The 25-month low seen last week at 1.1101 remains in scope. The asset turned lower ahead of the Fed decision but also due to the weak Eurozone data earlier. Eurozone GDP growth slowed to 0.2% q/q in […]Read More

Fundamental

The FOMC is front and center

  By: Andria Pichidi In the US, the FOMC is front and center this week and is universally seen delivering a rate cut Wednesday. Even though hopes for a 50 bp reduction have been discouraged by Fed commentary, by stronger US data, and by encouraging fiscal and trade developments, the markets could be disappointed nonetheless, mirroring […]Read More

Fundamental

Could American Express extend further ahead of Q2?

By: Andria Pichidi AMEX, Daily and Weekly American Express’ second Quarter earnings for 2019 will be reported before the US Market opens today.  The consensus recommendation for the company is  “neutral to buy” corresponding to the majority of the consensus recommendation for the Online Services peer group , as 15 out of 30 Analyst Firms […]Read More

Forex

AUDUSD re-takes 0.70000

By: Stuart Cowell AUDUSD, H4 The USD traded softer heading into the London interbank open, retracing from the gains seen yesterday following a near 10 bp spike in the 10-year US T-note yield, which touched a one-month high at 2.143%. This came as the S&P 500 and DJIA hit record highs. The narrow trade-weighted USDIndex ebbed to […]Read More

Uncategorized

Downside Risk Abounds

By: Andria Pichidi The focus today is squarely on the release of the June US employment report. The downside risk abounds for June US Employment. The June Nonfarm payroll is expected to rise by 160K, after the disappointing 75k increase in May. Meanwhile, a steady jobless rate is expected alongside gains of 0.2% for hours-worked and […]Read More

Commodities

Crude Oil analysis – 21 Jun 2019

Does the Middle East drive the Oil? By: Ahura Chalki In the last months, several times Iranian have threatened that if they cannot export the Oil, nobody else can, especially from the “Hormuz” strait in the Persian Gulf. Whatever we saw in the last two-three weeks, starting from Tanker explosions and ending (For now) with […]Read More

Forex

FeD: Is time for “Patient” word to be replaced

By: Andria Pichidi Stock markets remain cautious ahead of central banks, with Fed and BoE decisions, but also the ECB’s annual conference in Sintra coming into view. Fed outlooks led the charge, with the futures pricing in a cut as soon as July, thanks to rising tensions in the Middle Ease, elevated uncertainties over a US-China […]Read More

Commodities

Gold analysis – 10 Jun 2019

End of the rally? By: Ahura Chalki Why pullback? The first question that can come into the minds by checking the chart in the new trading week. Last week generally market and especially Gold had a very volatility week, rose up when most traders waiting for bearish or vice-versa. The price more than to show […]Read More