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FXA

Guggenheim CurrencyShares Australian Dollar Trust

Fxa

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Summary

The investment objective of the fund is for the Shares to reflect the price in USD of the Australian Dollar. The Shares are intended to provide institutional and retail investors with a simple, cost-effective means of gaining investment benefits similar to those of holding Australian Dollars. The costs of purchasing Shares should not exceed the costs associated with purchasing any other publicly-traded equity securities.

Market Cap: 133 Million

Primary Exchange: NYSE Arca

Website: http://www.currencyshares.com

Shares Outstanding: 1.65 Million

Float: 1.65 Million

Dividend: 0.62767 (0.78%)

Beta: 0.645898

Sector:

Industry:

Short Interest (Jan 15, 2013): 1.69 Million

Ethical Flags

Longest drawdown: 1789 trading days

From: 2013-01-10 To: 2019-09-13

Lowest Point:

Financial Statecraft Or Whack-A-Mole

via: SeekingAlpha at 2019-06-13 05:29:33:000

Overview After roiling the markets by threatening escalating tariffs on Mexico, US President Trump has threatened China that if Xi does not meet him and return to the positions that the US claims it had previously, he will follow through on imposing tariffs to the remaining goods the US buys… read more...

Anxiety Ticks Up, Risks Pared

via: SeekingAlpha at 2019-06-12 03:26:02:000

Overview The S&P 500 snapped a five-day advance yesterday and set the heavier tone for equities today. Continued protests in Hong Kong were not shrugged off as they have been in the last couple of sessions. The Hang Seng's nearly 1.9% decline was the largest in a month and led the region… read more...

Central Banks Provide A Silver Lining To The Escalating Trade War

via: SeekingAlpha at 2019-06-12 00:10:57:000

Posted by Kristina Hooper, Chief Global Market Strategist on June 10, 2019, in Market & Economic Weekly Market Compass: US cancels its tariffs on Mexico, China warns against traveling to the US, and central banks appear more open to accommodation A collective sigh of reli… read more...

Markets Take Another Small Step Away From The Edge

via: SeekingAlpha at 2019-06-11 03:58:25:000

Overview: The recovery in equities continues today in light news day. Nearly all the bourses in the Asia Pacific region rose, led by a 2.6% gain of the Shanghai Composite. The MSCI Asia Pacific Index rose for a third session. European equity benchmarks are rising for the sixth time in the pa… read more...

FX Weekly: Preparing For Easing Policies

via: SeekingAlpha at 2019-06-11 01:32:05:000

Macro News Global: To the exception of global equities, it is clear now that most of the asset classes are pricing in a significant slowdown in the economic activity in the next few quarters to come. We saw last week the strong outflows in global equities, which totaled almost $140bn sin… read more...

Collective Sigh Of Relief Lifts Equities, Yields, And The Dollar

via: SeekingAlpha at 2019-06-10 03:04:39:000

Overview: A global sigh of relief that the US will not tariff all its imports from Mexico. Equities are all higher, and the weekend demonstrations in Hong Kong over a bill allowing extraditions to the mainland for the first time did not deter investors from bidding up the Hang Seng over 2.3%… read more...

A Look At The Charts

via: SeekingAlpha at 2019-06-09 21:36:33:000

The US dollar fell against all the major currencies last week, and the technical indicators warn that further losses are likely. Market speculation that the Federal Reserve will be forced to cut rates more than once this year has strengthened. It is outpacing the expectations that the ECB and … read more...

Jobs Data And Tariffs Dominate

via: SeekingAlpha at 2019-06-07 04:00:04:000

Overview Global equities continue to recover from the recent slide. Chinese and Hong Kong markets were on holiday today, but the MSCI Asia Pacific Index eked out a minor gain and ensured that its four-week slide ended. Europe's Dow Jones Stoxx 600 is up about 0.7% through the European mornin… read more...

Jobs Data And Tariffs Dominate

via: SeekingAlpha at 2019-06-07 04:00:04:000

Overview Global equities continue to recover from the recent slide. Chinese and Hong Kong markets were on holiday today, but the MSCI Asia Pacific Index eked out a minor gain and ensured that its four-week slide ended. Europe's Dow Jones Stoxx 600 is up about 0.7% through the European mornin… read more...

Jobs Data And Tariffs Dominate

via: SeekingAlpha at 2019-06-07 04:00:04:000

Overview Global equities continue to recover from the recent slide. Chinese and Hong Kong markets were on holiday today, but the MSCI Asia Pacific Index eked out a minor gain and ensured that its four-week slide ended. Europe's Dow Jones Stoxx 600 is up about 0.7% through the European mornin… read more...

U.S. Tariff Threats On Mexico Compete With ECB For Attention

via: SeekingAlpha at 2019-06-06 03:06:08:000

Overview The implications of President Trump's assessment that there has not been "nearly enough" progress in negotiations with Mexico that would avert the tariff on June 10 competing for investors' attention, which had been squarely today's ECB meeting. Minutes before Trump spoke, Fitch cut… read more...

Australian Stock Market - Tradable Seasonal Pattern

via: SeekingAlpha at 2019-06-05 09:49:11:000

The purpose of this article is to assess the macro-fiscal flows for Australia and determine what effect these flows will have on the stock market and the economy. Three macro flows influence the markets and economy, and these are national government spending, the current account, and bank cr… read more...

Is The USD About To Roll Over? Gold Up, Oil Down

via: SeekingAlpha at 2019-06-05 03:29:28:000

By Dean Popplewell Wednesday June 5: Five things the markets are talking about Global stocks have surged overnight, rebounding sharply from their recent declines after Fed Chair Powell hinted that the central bank could lower interest rates if the economy slows in response to escalatin… read more...

Dollar Remains On Back Foot

via: SeekingAlpha at 2019-06-05 03:18:05:000

Overview The Federal Reserve's patience never excluded a rate cut, should conditions warrant. The acknowledgment of this without signaling a change in its stance is being seized to justify aggressive pricing of rates. At the same time, there has some tempering of trade anxiety on the margin … read more...

Nervous Calm Settles Over Markets

via: SeekingAlpha at 2019-06-04 04:05:46:000

Overview The global capital markets are stabilizing today after taking a body blow of broadening the use of US tariffs (in migration dispute with Mexico), threatening the ratification of NAFTA 2.0, still-escalating hostile rhetoric between the US and China, and the threat of anti-trust actio… read more...

AUD/JPY Is Flashing A Big Risk-Off Signal For Stocks

via: SeekingAlpha at 2019-06-03 23:27:32:000

Buying shares in a company is like purchasing an unsecured claim on the assets of a company at the bottom of its capital structure. It is a high-risk, high-reward game. The value of shares lies in a potential (but often deeply uncertain) option-like payoff, in which the value of the company's … read more...

Australia cuts rates to record lows

via: SeekingAlpha at 2019-06-03 23:26:40:000

Australia overnight lowered its key cash rate to a record low of 1.25%, marking the first cut in almost three years and the latest in a swing by central banks around the world toward looser monetary policies. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dol… read more...

Dollar Direction To Be Dictated By Week's Events

via: SeekingAlpha at 2019-06-03 04:22:32:000

By Dean Popplewell Monday June 3: Five things the markets are talking about Global stocks are under pressure along with bond yields in the first session of a new month, as investors continue to digest the impact of President Trump's threat to introduce fresh tariffs on imports from Mex… read more...

June Monthly

via: SeekingAlpha at 2019-06-01 10:59:11:000

The tariff truce came to an abrupt end via presidential tweets on May 3. Until those tweets, US officials had been indicating that progress was being made and there was hope that at the sidelines of the G20 meeting that Trump and Xi would agree on a trade deal. The end of the tariff truce mark… read more...

June Monthly

via: SeekingAlpha at 2019-06-01 10:59:11:000

The tariff truce came to an abrupt end via presidential tweets on May 3. Until those tweets, US officials had been indicating that progress was being made and there was hope that at the sidelines of the G20 meeting that Trump and Xi would agree on a trade deal. The end of the tariff truce mark… read more...

U.S. Struggles To Build Physical Wall, Tries Tariff Wall On Mexico

via: SeekingAlpha at 2019-05-31 03:39:17:000

Overview: The US announcement to lay a 5% tariff on all goods coming from Mexico (starting June 10) until it stops the flow of "illegal migrants" spurred sharp losses in the Mexican peso and general risk-off move that strengthened the yen. The tariffs are set to rise every month until reachi… read more...

Economic Terrorism Has Equities And Bond Yields Under Pressure

via: SeekingAlpha at 2019-05-30 03:49:06:000

By Dean Popplewell Thursday May 30: Five things the markets are talking about Euro equities are trading a tad higher along with US futures following a mixed session in Asia overnight as investors continue to assess all the warning signals for global growth amid the latest trade develo… read more...

Kill Bull: Intermission

via: SeekingAlpha at 2019-05-30 03:07:53:000

Overview: After significant moves in equities and interest rates, investors are taking a collective breath, waiting for fresh developments. A nervous calm has settled over the capital market. China, Japan, and Australian equities leaked lower, but other bourses in the region, including Korea… read more...

Equity Slump Deepens While Yields Plunge

via: SeekingAlpha at 2019-05-29 04:19:48:000

Overview: The slump in equities continues after the poor showing in the US yesterday. Nearly all bourses in Asia Pacific and Europe are lower. Indonesia is the notable exception as domestic operators re-position after the election. Foreign investors have been notable sellers of Korean and Ta… read more...

FX Weekly: Preference For Safe Havens

via: SeekingAlpha at 2019-05-28 21:21:22:000

Macro News European Elections: For the first time since the inception of the European Parliament, the two centre parties - the European People Party ((EPP)) and Socialists and Democrats (S&D) - have lost their combined majority on the back of a strengthening nationalist, liberal and gr… read more...

Risk Appetites Curbed, U.S. Leadership Awaited In FX

via: SeekingAlpha at 2019-05-28 07:41:29:000

Overview: The euro initially reacted positively to the EU Parliament elections. The populists did not do quite as well as many expected. The two main groupings failed to secure a majority, but with the help of the Liberals, and possibly the Greens, that did well throughout Europe, a new Euro… read more...

Dollar Rallies From Multi-Week Lows

via: SeekingAlpha at 2019-05-28 03:45:44:000

By Dean Popplewell Tuesday May 28: Five things the markets are talking about On the whole, global equities have advanced in the overnight session along with US equity futures as investors and traders return from a US and a UK bank holiday. The 'big' dollar has found some traction wi… read more...

If Stocks Go Cold, Which Currencies Benefit Most?

via: SeekingAlpha at 2019-05-28 00:37:43:000

By Kathy Lien At a Glance Market-sensitive currencies like euro and pound sterling tend to perform better when stock markets rally The U.S. dollar could be the ultimate winner if trade war news sends stocks lower Stocks hit record highs in April, but for the past few weeks, it ha… read more...

Currency Market Round-Up: Dovish RBA, Theresa May Throws In Towel

via: SeekingAlpha at 2019-05-27 08:30:15:000

Currency Market Round-up - Safe-havens Outperform, Antipodeans Underperform Looking at the USD's ( UUP ) ( UDN ) ( USDU ) performance against fellow G10 currencies in the past month, we can see that the strongest performers have been the safe-haven currencies - JPY ( FXY ) ( JPYS ) and CHF… read more...

How Durable Of A Dollar Top?

via: SeekingAlpha at 2019-05-27 03:07:30:000

After pushing higher in the first part of last week, the US dollar reversed lower and saw follow-through selling ahead of the weekend. The reversal saw all the major currencies but the British pound gain on the greenback last week. Although the ineptitude of Prime Minister May has weighed on… read more...

Stocks In Free-Fall, U.S. Dollar Is King, Yields Lower

via: SeekingAlpha at 2019-05-23 03:44:55:000

By Dean Popplewell Thursday May 23: Five things the markets are talking about US equity futures and European bourses are again under pressure, following Asian stocks lower, as Sino- US trade tensions show little sign of easing. The street is now officially worried that what started as… read more...

Stocks In Free-Fall, U.S. Dollar Is King, Yields Lower

via: SeekingAlpha at 2019-05-23 03:44:55:000

By Dean Popplewell Thursday May 23: Five things the markets are talking about US equity futures and European bourses are again under pressure, following Asian stocks lower, as Sino- US trade tensions show little sign of easing. The street is now officially worried that what started as… read more...

Stocks In Free-Fall, U.S. Dollar Is King, Yields Lower

via: SeekingAlpha at 2019-05-23 03:44:55:000

By Dean Popplewell Thursday May 23: Five things the markets are talking about US equity futures and European bourses are again under pressure, following Asian stocks lower, as Sino- US trade tensions show little sign of easing. The street is now officially worried that what started as… read more...

Sterling Can't Get Out Of Its Own Way

via: SeekingAlpha at 2019-05-22 04:28:19:000

Overview: There is a nervous calm in the capital markets. Yesterday's rally in US shares failed to excite global investors. China, Hong Kong, and Taiwan markets fell, while Japan was mixed. Foreign investors continued to sell Korean shares, but the Kospi rose. European shares narrowly mixed,… read more...

Sterling Trades At Five Month Lows On Brexit Worries

via: SeekingAlpha at 2019-05-21 03:33:05:000

By Dean Popplewell Tuesday May 21: Five things the markets are talking about European equities along with U.S. futures are trading a tad higher following a mixed session in Asia overnight as the Sino- US trade-war rhetoric and actions continue. The 'big' dollar remains better bid in a … read more...

Equities Find Some Traction While The Dollar Firms

via: SeekingAlpha at 2019-05-21 03:23:28:000

Overview: Equities are paring some of their recent losses. The MSCI Asia Pacific Index is posting its first back-to-back gain in a month, led by a more than 1% rally in China. Heightened prospects for an Australian rate cut in a few weeks helped extend the run in the local equity market to a… read more...

Top 5 Charts: Jobs Boom, Fake Doom, Iron Aussie, EM Value, Long Time USD

via: SeekingAlpha at 2019-05-21 01:50:41:000

Here are some of the standout charts on my radar. I aim to pick a good mix of charts covering key global macro trends, and ones which highlight risks and opportunities across asset classes. Hope you enjoy them as much as I do. 1. Developed Markets - Unemployment Rate: This series comes fro… read more...

RBA considers cutting rates in June

via: SeekingAlpha at 2019-05-20 23:19:43:000

Australia's central bank will consider the case for lower interest rates at its June policy meeting as the country fights to go 28 years without a recession. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, Aberdeen Australia Equity Fund, News o… read more...

FX Weekly: Uncertainty Versus Growth

via: SeekingAlpha at 2019-05-20 18:39:50:000

Macro News Global: Risk eased globally in the end of last week with the VIX falling below 20, the US 10Y stabilizing around 2.40% and the Japanese yen starting to depreciate against most of the major currencies. However, price volatility remains elevated in China as weakening fundamentals … read more...

The Australian Dollar Is Telling Us A Different Equity Story

via: SeekingAlpha at 2019-05-20 06:07:43:000

A slowing housing market Over the past few years, many economists and commentators have warned of a potential hard landing in the Australian housing market, as property prices have been growing at unsustainable rates with first-home buyers having difficulties saving a significant deposit t… read more...

Politics Overshadows Economics Today, But Japan's Economy Unexpectedly Expanded In Q1

via: SeekingAlpha at 2019-05-20 03:41:56:000

Overview: Encouraged by the election results, investors bid up Indian and Australian currencies and equities. Japan offered a pleasant surprise by reporting the world's third-largest economy expanded in Q1. Most other equity markets in Asia fell, and European stocks have the week with small … read more...

Stocks in Australia soar on Morrison victory

via: SeekingAlpha at 2019-05-19 23:46:19:000

Australia's benchmark S&P/ASX 200 rose to an 11-year high overnight as Prime Minister Scott Morrison and the Liberal-led conservative government claimed a surprise victory at national elections. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust … read more...

The Dollar Remains The Least Ugly

via: SeekingAlpha at 2019-05-19 10:06:13:000

Neither trade tensions nor perceptions of the probability of Fed rate cuts was able to derail the mighty dollar, which rose against all currencies but two: the Swiss franc among the majors and the Russian ruble among the emerging market currencies. The US continues to be perceived as the bes… read more...

Australia economy in focus after surprise election result

via: SeekingAlpha at 2019-05-19 05:37:22:000

Australia's Liberal-led conservative government is headed for a surprise win, though it's unclear whether the Scott Morrison-led coalition can govern with an outright majority or will need to negotiate support from independents. More news on: iShares MSCI Australia ETF, Invesco CurrencyS… read more...

Australians head to polls with economy on ballot

via: SeekingAlpha at 2019-05-17 00:17:33:000

It's the starkest distinction in economic policy in years between the ruling Liberal-National coalition and Labor party. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, Aberdeen Australia Equity Fund, News on ETFs Read more … read more...

Australians head to polls with economy on ballot

via: SeekingAlpha at 2019-05-17 00:17:33:000

It's the starkest distinction in economic policy in years between the ruling Liberal-National coalition and Labor party. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, Aberdeen Australia Equity Fund, News on ETFs Read more … read more...

Dollar Stuck In A Contained Vortex

via: SeekingAlpha at 2019-05-15 03:57:04:000

By Dean Popplewell Wednesday May 15: Five things the markets are talking about Global stocks are struggling to maintain Tuesday's gains as US futures have pared some of their earlier overnight advances, while Euro stocks have edged lower. In Asia, China led equity gains overnight desp… read more...

Dollar Stuck In A Contained Vortex

via: SeekingAlpha at 2019-05-15 03:57:04:000

By Dean Popplewell Wednesday May 15: Five things the markets are talking about Global stocks are struggling to maintain Tuesday's gains as US futures have pared some of their earlier overnight advances, while Euro stocks have edged lower. In Asia, China led equity gains overnight desp… read more...

The U.S. Dollar Finds A Top

via: SeekingAlpha at 2019-05-13 10:25:29:000

The U.S. dollar index (DXY) finally broke above the 97.7 level that had been containing it, but it's a head-fake, and likely a new intermediate-term top for the greenback. A significant U.S. dollar decline instead looks to be finally underway. From: TradingView Along with continued stren… read more...

The U.S. Dollar Finds A Top

via: SeekingAlpha at 2019-05-13 10:25:29:000

The U.S. dollar index (DXY) finally broke above the 97.7 level that had been containing it, but it's a head-fake, and likely a new intermediate-term top for the greenback. A significant U.S. dollar decline instead looks to be finally underway. From: TradingView Along with continued stren… read more...

Investors Still Looking For New Balance

via: SeekingAlpha at 2019-05-13 06:53:23:000

Overview: The end of the tariff truce between the US and China has discombobulated investors. They had been repeatedly that a deal was close and there had even been talk at the US Treasury about where Trump and Xi should meet to sign the agreement. Now China was given around a month to capit… read more...

Investors Still Looking For New Balance

via: SeekingAlpha at 2019-05-13 06:53:23:000

Overview: The end of the tariff truce between the US and China has discombobulated investors. They had been repeatedly that a deal was close and there had even been talk at the US Treasury about where Trump and Xi should meet to sign the agreement. Now China was given around a month to capit… read more...

Risk Aversion Has U.S. Yield Curve Inverting Again

via: SeekingAlpha at 2019-05-13 03:25:38:000

By Dean Popplewell Monday May 13: Five things the markets are talking about This week begins again with global equity markets on the back foot, sovereign debt in demand, and the risk averse go-to positioning investors' primary trade. Bets on a Fed rate cut are also now gaining momentum… read more...

Risk Aversion Has U.S. Yield Curve Inverting Again

via: SeekingAlpha at 2019-05-13 03:25:38:000

By Dean Popplewell Monday May 13: Five things the markets are talking about This week begins again with global equity markets on the back foot, sovereign debt in demand, and the risk averse go-to positioning investors' primary trade. Bets on a Fed rate cut are also now gaining momentum… read more...

Dollar Correction May Continue, But S&P 500 Posts Key Upside Reversal

via: SeekingAlpha at 2019-05-12 09:46:48:000

In the wake of the May 5 tweets that signaled the end of the tariff truce, the dollar was mixed, with a heavier bias. The strongest currencies were the Japanese yen (~1.0%) and Swiss franc (~0.45%). The Dollar Index fell about 0.2%. The major currencies that failed to gain against the dollar… read more...

Waiting For The Other Shoe To Drop

via: SeekingAlpha at 2019-05-10 02:58:44:000

Overview: Contrary to hopes and expectations, the US made good on the presidential tweet and raised the tariff on around $200 bln of Chinese goods from 10% to 25%. Trump indicated that the process that will levy a 25% tariff on the remaining Chinese imports has begun. Also contrary to expect… read more...

Waiting For The Other Shoe To Drop

via: SeekingAlpha at 2019-05-10 02:58:44:000

Overview: Contrary to hopes and expectations, the US made good on the presidential tweet and raised the tariff on around $200 bln of Chinese goods from 10% to 25%. Trump indicated that the process that will levy a 25% tariff on the remaining Chinese imports has begun. Also contrary to expect… read more...

Bonds, Yen, Gold In Demand On U.S. Trade Threats

via: SeekingAlpha at 2019-05-09 03:51:02:000

By Dean Popplewell Thursday May 9: Five things the markets are talking about The Sino- US trade war escalation remained front and center in capital markets overnight. Global equities along with US stock futures continue to face pressure with time running out for US tariffs to esca… read more...

Markets Trying To Stabilize

via: SeekingAlpha at 2019-05-08 02:56:27:000

Overview: It is taking investors a bit more than two sessions to find its footing after being the unexpected end of the tariff truce between the US and China struck last December. Asia Pacific equities tumbled after the S&P 500 shed nearly 1.7% yesterday, the third largest decline in 201… read more...

Tariff Man Has Risk Doubters Seeking Shelter

via: SeekingAlpha at 2019-05-07 03:34:21:000

By Dean Popplewell Tuesday May 7: Five things the markets are talking about Global equities were mixed overnight as a slew of trade headlines continued to batter markets. US Treasury yields have managed to back up a tad while the US dollar confines itself to "non-volatile" trading ra… read more...

Markets Steady As China Pushes Forward

via: SeekingAlpha at 2019-05-07 02:58:04:000

Overview: News that the US tariff escalation did not scupper trade talks with China has helped the global capital markets stabilize today. China's Vice Premier Liu is still leading a delegation to the US. Most Asian equities recouped part of yesterday's losses, including China, Hong Kong, Ta… read more...

Risk Slumps After Trump's Trade Threats

via: SeekingAlpha at 2019-05-06 03:20:21:000

By Dean Popplewell Monday May 6: Five things the markets are talking about The latest US jobs report showed that hiring picked up in April, with the unemployment rate falling to its lowest level in 50-years. It gave a boost to major US stock indexes and weighed on the mighty US doll… read more...

Trump's Tariff Tweets Help Investors Discover Volatility

via: SeekingAlpha at 2019-05-06 03:07:41:000

Overview: Reports that a US-China deal could be struck by May 10 before the weekend left investors ill-prepared for the presidential tweets yesterday that announced that the US was ending the tariff truce. Trump indicated that the 10% tariff on $200 bln of Chinese goods would be lifted to 25… read more...

Dollar Correction Continues

via: SeekingAlpha at 2019-05-05 09:49:54:000

The recent dollar's leg up was sparked by the divergence of the disappointing flash EMU PMI and the surge in March US retail sales on April 18. By the time the US reported Q1 GDP on April 26, the market had already discounted the rebound in the US economy. After pushing back, the dollar agai… read more...

Dollar Consolidates Fed-Inspired Recovery

via: SeekingAlpha at 2019-05-02 03:20:08:000

Overview: The US dollar is consolidating yesterday's post-Fed rally, and this is giving it a slightly heavier tone today. Equities are mostly lower and Europe's Dow Jones Stoxx 600 is off about 0.5% in late morning turnover, which if sustained would be the largest decline in three weeks. The… read more...

Dollar Consolidates Fed-Inspired Recovery

via: SeekingAlpha at 2019-05-02 03:20:08:000

Overview: The US dollar is consolidating yesterday's post-Fed rally, and this is giving it a slightly heavier tone today. Equities are mostly lower and Europe's Dow Jones Stoxx 600 is off about 0.5% in late morning turnover, which if sustained would be the largest decline in three weeks. The… read more...

Dollar Consolidates Fed-Inspired Recovery

via: SeekingAlpha at 2019-05-02 03:20:08:000

Overview: The US dollar is consolidating yesterday's post-Fed rally, and this is giving it a slightly heavier tone today. Equities are mostly lower and Europe's Dow Jones Stoxx 600 is off about 0.5% in late morning turnover, which if sustained would be the largest decline in three weeks. The… read more...

No Help On May Day, Which Is Also Fed Day

via: SeekingAlpha at 2019-05-01 03:49:46:000

Overview: The May Day holiday has shut most markets in Asia and Europe, making for subdued market action. Equity markets that are open, like Australia and the UK, advanced and US shares are trading higher helped by Apple's (AAPL) upbeat forecasts and sales that beat expectations. Indeed, the… read more...

Will The U.S. Dollar Get The Fed's Help?

via: SeekingAlpha at 2019-05-01 03:37:17:000

By Dean Popplewell Wednesday May 1: Five things the markets are talking about With most of continental Europe and Asia closed for the May 1 bank holiday, trading ranges have been tightly contained with thin liquidity as we wait for the main event for today - the Federal Open Market Com… read more...

Is The U.S. Dollar Losing Love?

via: SeekingAlpha at 2019-04-30 03:50:02:000

By Dean Popplewell Tuesday April 30: Five things the markets are talking about The Fed's two-day policy meeting gets underway today. Officials are poised to keep interest rates steady when it concludes Wednesday. Fed Chair Jerome Powell's press conference will surely not want to be mis… read more...

Dollar Pares More Gains As EMU GDP Surprises

via: SeekingAlpha at 2019-04-30 03:39:33:000

Overview: The S&P 500 set a new record high and close yesterday, but the lift to global markets was not strong enough to overcome the disappointing Chinese PMI. Although Chinese equities traded higher on ideas that the news will spur additional stimulative measures, other Asian markets w… read more...

A Massive Week For Currencies, Stocks And Bonds

via: SeekingAlpha at 2019-04-29 03:51:41:000

By Dean Popplewell Monday April 29: Five things the markets are talking about Global equities are mixed at the start of this data laden and holiday interrupted week. The 'big' dollar is trading steady and Treasury yields have ticked a tad higher as investors wait for further clues on g… read more...

The Breakout Must Be Tested To Be Real

via: SeekingAlpha at 2019-04-28 07:18:13:000

By all reckoning, the US dollar had a good week. It rose against nearly all the major currencies, and against many, it broke out of recent ranges. Ironically, the dollar gains more mostly scored before the surprisingly strong Q1 GDP print of 3.2%. In fact, all the major currencies but the No… read more...

Greenback Consolidates Ahead Of Q1 GDP

via: SeekingAlpha at 2019-04-26 06:41:16:000

Overview: The equities are finishing softly after the rally stalled in the middle of the week. The large markets in Asia fell, led by China, and the MSCI Asia Pacific Index fell for a third session, the longest losing streak in two months. Europe's Dow Jones Stoxx 600 ended an eight-day adva… read more...

Greenback Consolidates Ahead Of Q1 GDP

via: SeekingAlpha at 2019-04-26 06:41:16:000

Overview: The equities are finishing softly after the rally stalled in the middle of the week. The large markets in Asia fell, led by China, and the MSCI Asia Pacific Index fell for a third session, the longest losing streak in two months. Europe's Dow Jones Stoxx 600 ended an eight-day adva… read more...

FX Volatility At Multi-Year Lows

via: SeekingAlpha at 2019-04-25 11:11:20:000

We are currently witnessing a period of phenomenally low volatility in currencies. Looking at the implied volatility of G7 currencies in the chart below, volatility levels are at levels last seen in 2014, and before that in 2007. A period of low volatility implies a period of consolidation, … read more...

Equities Waver, The Dollar Does Not

via: SeekingAlpha at 2019-04-25 04:06:24:000

Overview After closing at record highs on Tuesday, the S&P 500 slipped yesterday, and the Dow Jones Stoxx 600 snapped an eight-session advance. Asia followed suit, with the Shanghai Composite posting its biggest loss (~2.4%) in over a month. It is off about 4.6% this week - which, if sus… read more...

Dovish Central Banks Support The U.S. Dollar

via: SeekingAlpha at 2019-04-25 03:51:49:000

By Dean Popplewell Thursday April 25: Five things the markets are talking about European equities are under pressure while US futures tread water as investors continue to analyze a plethora of corporate earnings against a backdrop of global growth concerns. Note: To date, +80% of … read more...

Dollar Bloc In Focus, While Germany's IFO Disappoints

via: SeekingAlpha at 2019-04-24 05:24:17:000

Overview: The record high close for the S&P 500 failed to lift global equities. Far East trading was mixed. The Nikkei opened strong and closed weaker, while the Shanghai Composite began softer and closed firmly. Australian shares and bonds rallied on the back of mild inflation, while th… read more...

Dollar Remains The Dominant Force

via: SeekingAlpha at 2019-04-24 03:28:55:000

By Dean Popplewell Wednesday April 24: Five things the markets are talking about European and Asian equities are/have been under pressure this Wednesday morning, while US stocks are pointing to a nondescript open, one day after a new registered record close. US Treasuries are climbin… read more...

Merk Hard Currency Fund Quarterly Fund Commentary And Attribution

via: SeekingAlpha at 2019-04-24 01:15:00:000

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more … read more...

Merk Absolute Return Currency Fund Quarterly Fund Commentary And Attribution

via: SeekingAlpha at 2019-04-24 00:50:00:000

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more … read more...

Oil Extends Gains While Markets Await Fresh Incentives

via: SeekingAlpha at 2019-04-23 03:58:28:000

Overview Financial centers that have been closed for the extended holiday have re-opened, but the news stream is light and market participants are digesting developments and positioning for this week's central bank meetings and the first look at Q1 US GDP. The US decision to end exemptions t… read more...

Is The Dovish Policy Swivel From G7 CB's The Right Move?

via: SeekingAlpha at 2019-04-23 03:38:44:000

By Dean Popplewell Tuesday April 23: Five things the markets are talking about Most equity markets have opened after the long holiday weekend with mixed results. European stocks have started under pressure, while US futures trade range bound and Asian equities recorded a mixed showing… read more...

6 Events To Watch Next Week

via: SeekingAlpha at 2019-04-21 03:25:41:000

The divergence thesis that drives our constructive outlook for the dollar received more support last week than we expected. A few hours after investors learned that Japan's flash PMI remained below the 50 boom/bust level, Europe reported disappointing PMI data as well. And a few hours after … read more...

6 Events To Watch Next Week

via: SeekingAlpha at 2019-04-21 03:25:41:000

The divergence thesis that drives our constructive outlook for the dollar received more support last week than we expected. A few hours after investors learned that Japan's flash PMI remained below the 50 boom/bust level, Europe reported disappointing PMI data as well. And a few hours after … read more...

Holiday Note

via: SeekingAlpha at 2019-04-19 02:50:01:000

Overview Many financial centers are closed today. These include Australia, India, most European markets, and the US. In Asia, equity markets that were open moved higher. The Nikkei, which gapped higher on Monday, rose 0.5% today for a 1.5% gain on the week. China's Shanghai Composite rose 0…. read more...

Holiday Note

via: SeekingAlpha at 2019-04-19 02:50:01:000

Overview Many financial centers are closed today. These include Australia, India, most European markets, and the US. In Asia, equity markets that were open moved higher. The Nikkei, which gapped higher on Monday, rose 0.5% today for a 1.5% gain on the week. China's Shanghai Composite rose 0…. read more...

EMU Disappointment Lifts The Dollar

via: SeekingAlpha at 2019-04-18 03:35:47:000

Overview: A bout of profit-taking in equities began in the US yesterday and has carried through Asia and Europe today. The MSCI Asia Pacific Index fell for the first time in five days, while the Dow Jones Stoxx 600 is snapping a six-day advance. The Nikkei gapped higher to start the week and… read more...

The Dollar And Stocks Catch A Bid

via: SeekingAlpha at 2019-04-16 03:50:43:000

Overview: Amid light news, global equities are moving higher In Asia, the Nikkei rose to a new high since early December, while the Shanghai Composite rose 2.3% and posted its highest close since March 2018. European equities are solid, with the Dow Jones Stoxx 600 moving higher for the fift… read more...

The Dollar And Stocks Catch A Bid

via: SeekingAlpha at 2019-04-16 03:50:43:000

Overview: Amid light news, global equities are moving higher In Asia, the Nikkei rose to a new high since early December, while the Shanghai Composite rose 2.3% and posted its highest close since March 2018. European equities are solid, with the Dow Jones Stoxx 600 moving higher for the fift… read more...

Redemption Monday

via: SeekingAlpha at 2019-04-15 05:11:26:000

Overview: The holiday-shortened week is off to a slow, tentative start. The surge of the S&P 500 before the weekend failed to inspire today. Asia markets were mostly firmer, led by Japan, while China, Hong Kong, and Singapore moved lower. The Nikkei gapped higher, jumping above the 22k l… read more...

The Dollar's Technical Picture Turns More Nuanced And The Significance Of The Gaps In The S&P 500

via: SeekingAlpha at 2019-04-14 04:58:26:000

The US dollar fell against most of the major currencies over the past week. The yen and the Swiss franc were the exceptions. The technical correction we anticipated last week may have some more room to run. However, we do view it as a counter-trend move and expect the data to show the US e… read more...

April 10, 2019: Forex Weekly - Relative Valuation And Trading Opportunities

via: SeekingAlpha at 2019-04-11 21:56:34:000

As you know, once in a while, Splendid Exchange looks at seven major currency pairs in search of the evidence of popular delusions and the madness of crowds . The idea is to find anomalies and bullish or bearish divergences that will break the trend, not prolong it. It is a painful exercise, … read more...

April 10, 2019: Forex Weekly - Relative Valuation And Trading Opportunities

via: SeekingAlpha at 2019-04-11 21:56:34:000

As you know, once in a while, Splendid Exchange looks at seven major currency pairs in search of the evidence of popular delusions and the madness of crowds . The idea is to find anomalies and bullish or bearish divergences that will break the trend, not prolong it. It is a painful exercise, … read more...

Market Yawns At Latest Brexit Extension

via: SeekingAlpha at 2019-04-11 02:58:53:000

Overview: The S&P 500 closed higher yesterday for the ninth session in the past ten, but the coattails are short and global equities are trading with a heavier bias today. A firm CPI reading in China took a toll on local shares with the Shanghai Composite, shedding 1.6%, the most in more… read more...

Dollar Looking For Directional Help

via: SeekingAlpha at 2019-04-09 03:46:35:000

By Dean Popplewell Tuesday April 9: Five things the markets are talking about So far, much of the global equity rally has been supported by investor bets that US economic growth will be strong enough to support corporate profits, but modest enough to keep the Fed from having to hike i… read more...

Dollar Looking For Directional Help

via: SeekingAlpha at 2019-04-09 03:46:35:000

By Dean Popplewell Tuesday April 9: Five things the markets are talking about So far, much of the global equity rally has been supported by investor bets that US economic growth will be strong enough to support corporate profits, but modest enough to keep the Fed from having to hike i… read more...

Markets Hit Pause As Central Banks And Brexit Risks Loom

via: SeekingAlpha at 2019-04-08 03:57:37:000

By Dean Popplewell Monday April 8: Five things the markets are talking about Global equities have opened slightly lower overnight as the market takes stock of last week's rally, following progress in U.S-China trade talks and a strong US employment figure Friday, while conflict in Lib… read more...

Brexit, The EU-China, And The Abandonment Of The Open Door

via: SeekingAlpha at 2019-04-08 03:36:56:000

(I am in Mexico at the World Trade Center General Assembly, participating on a panel about USMCA--NAFTA2.0--for which approval remains elusive. It is possible that the US threatens to pull out of NAFTA 1.0 to force action by the US Congress. Mexico is due to pass legislation this week that ma… read more...

The Australian Dollar Is Set To Fall

via: SeekingAlpha at 2019-04-07 07:00:12:000

From a purely technical perspective, the Australian dollar (versus the United States dollar; AUD/USD) appears to be hunting a long-term low of around 0.62. This level was last seen towards the end of 2008, the year in which the Great Recession truly began to manifest. The weekly candlestick pr… read more...

Australia Is On The Brink Of A Housing Collapse That Resembles 2008

via: SeekingAlpha at 2019-04-05 10:55:14:000

The US has been an island of stability as economic woes grow all over the world . Other such islands exist, too. Australia is high on the list. The last Down Under recession was 27yes, 27years ago in 1991. No other developed economy can say the same. The lo… read more...

Australia Is On The Brink Of A Housing Collapse That Resembles 2008

via: SeekingAlpha at 2019-04-05 10:55:14:000

The US has been an island of stability as economic woes grow all over the world . Other such islands exist, too. Australia is high on the list. The last Down Under recession was 27yes, 27years ago in 1991. No other developed economy can say the same. The lo… read more...

Trade Talk And German Industrial Output Lifts Sentiment

via: SeekingAlpha at 2019-04-05 05:38:55:000

Overview: Comments by Chinese President Xi, recognizing substantial progress in trade, helped boost sentiment after the US-China negotiators failed to set a date for the meeting between the two presidents. Although we have argued that the German economy may be past the worst, the sharp drop … read more...

Trade Talk And German Industrial Output Lifts Sentiment

via: SeekingAlpha at 2019-04-05 05:38:55:000

Overview: Comments by Chinese President Xi, recognizing substantial progress in trade, helped boost sentiment after the US-China negotiators failed to set a date for the meeting between the two presidents. Although we have argued that the German economy may be past the worst, the sharp drop … read more...

Limited Price Action Does Not Do Justice To Macro Developments

via: SeekingAlpha at 2019-04-04 02:42:56:000

Overview: The global capital markets are subdued despite several macro developments. The US and China may announce as early as today when the two presidents will meet to ostensibly sign a trade deal, while House of Commons' effort to block a no-deal exit goes to the House of Lords today. Ind… read more...

Optimism Sweeps Through The Capital Markets

via: SeekingAlpha at 2019-04-03 04:15:08:000

Overview: Japan announced the name of the new era that begins May 1 and a new emperor. The connotation is of beautiful harmony. And investors have taken the bit and run with it. Amid optimism that the US and China are near reaching an agreement on trade, China and Europe have reported better… read more...

Pound Sterling In The Shop Window

via: SeekingAlpha at 2019-04-03 03:41:15:000

By Dean Popplewell Wednesday April 3: Five things the markets are talking about Global equities are better bid in the overnight session on renewed optimism that China and the US would reach a deal as trade talks resume in Washington. According to a FT report today, the world's two … read more...

FX Weekly: Excess Liquidity In China Continues To Fall

via: SeekingAlpha at 2019-04-02 20:03:52:000

Macro News Global: The inversion of the yield curve has usually scared investors of a potential recession coming ahead within the next 18 to 24 months. Despite the strong recovery in global equities, with the MSCI World Index recording its strongest quarter since Q3 2010 (up almost 12% i… read more...

Herding Cats

via: SeekingAlpha at 2019-04-02 03:04:19:000

Overview After surging yesterday, equities are struggling to maintain the momentum that carried that S&P 500 to its best level since last October. Most Asia-Pacific equity markets advanced. Japan's small losses were a notable exception. The Dow Jones Stoxx 600 has advanced in four of the… read more...

U.S. Dollar Status As Global Reserve Currency Edges Down Further

via: SeekingAlpha at 2019-04-02 02:41:18:000

Is the euro dead yet? And how is the Chinese Renminbi doing? Total global foreign exchange reserves, in all currencies, rose to $11.4 trillion in the fourth quarter 2018, according to the IMF's just released COFER data. These foreign exchange reserves do not include the Federal Reserve's h… read more...

The Fed Did A Complete 180 Last Week On Policy: What It Means And What You Can Do

via: SeekingAlpha at 2019-04-01 19:59:32:000

The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion. There i… read more...

April Monthly Currency Outlook

via: SeekingAlpha at 2019-04-01 08:48:40:000

Poor economic data and soft inflation saw several central banks, including the Federal Reserve and European Central Bank, take a dovish turn in March. Contrary to expectations that interest rates would rise as the G3 central banks were no longer adding to their balance sheets on a combined b… read more...

Yield Curve Inversion Disappears, While Brexit Is Markets' Biggest Worry

via: SeekingAlpha at 2019-04-01 03:37:57:000

By Dean Popplewell Monday April 1: Five things the markets are talking about Will we see the same in Q2? Optimism about trade talks among the world's two largest economies coupled with the Fed signaling a temporary halt to interest-rate hikes pushed some stateside equity indexes to… read more...

The Dollar's Technical Condition At The Start Of Q2

via: SeekingAlpha at 2019-03-31 08:09:30:000

The US dollar rose against most of the major currencies in the last week of March. The stronger-than-expected January GDP (0.3%) helped lift the Canadian dollar (~0.6%), which was the notable exception. The Australian dollar's rise ahead of the weekend and the end of Q4 allowed it to secure … read more...

April Optimism Could Be Key Turning Point For Global Growth

via: SeekingAlpha at 2019-03-30 00:24:00:000

By Ed Moya The US dollar climbed higher as markets balanced out global growth concerns along with optimism a trade deal was nearing between the two largest economies in the world. US economic data painted a mixed picture with the earlier data in the week confirming slowdown worries. The fo… read more...

Equities Bounce While Bonds Pull Back To End Q1

via: SeekingAlpha at 2019-03-29 03:06:39:000

Overview: The global growth scare may be subsiding. It had been fanned by the ECB and Fed statements and projections. Poor US jobs growth reported in early March and the poor flash EMU PMI late in the month contributed. The slowdown in China and the flurry of measures to combat it also had a… read more...

Flight To Quality Continues - Lower Yields, Stronger Dollar

via: SeekingAlpha at 2019-03-28 05:23:00:000

By Dean Popplewell Thursday March 28: Five things the markets are talking about The 'big' dollar remains better bid, supported by continued signs of a weakening European economy, which is spreading investor concerns about a slowdown in global growth. Even interest rate differentials … read more...

Brexit Uncertainty Deepens As Parliament Is Divided, While Turkey's Short Squeeze Falters

via: SeekingAlpha at 2019-03-28 04:01:28:000

Overview: The lurch lower in global interest rates continue. The US 10-year yield is at new 15-month lows, five basis points through the average effective Fed funds rate. Late yesterday, it appeared that 10-year German Bund yields slipped below similar Japanese government bond yields for the… read more...

Global Bond Rally Continues, Greenback Remains Firm

via: SeekingAlpha at 2019-03-27 04:21:57:000

Overview: The US 10-year yield is trading below the Fed funds target. The two-year yield is trading below the lower end of the Fed funds target range. A warning by New Zealand that the next rate move could be a cut sent New Zealand and Australian yields to new record lows. In Japan, the 10-y… read more...

Brexit Shenanigans Continue

via: SeekingAlpha at 2019-03-27 03:49:57:000

By Dean Popplewell Wednesday March 27: Five things the markets are talking about Global equities traded mixed overnight as investors deal with some disappointing economic signals this month, along with a plethora of central banks decisively turning towards accommodation, shying away fr… read more...

4 Reasons To Buy The Australian Dollar

via: SeekingAlpha at 2019-03-26 21:03:13:000

In the previous article , Splendid Exchange provided an overview of 25 global currencies. Specifically, I looked at their valuations relative to one another and suggested four trading opportunities. In this article, I would like to go into the details and list four reasons to go long the Aust… read more...

Semblance Of Stability Re-Emerging

via: SeekingAlpha at 2019-03-26 04:12:37:000

Overview: The sell-off in equities seemed to peak yesterday, and US indices were narrowly mixed. Traders found comfort in that performance, even though the S&P 500 finished a little below 2,800, and took the markets in the Asia-Pacific region higher, except in China, where the Shanghai C… read more...

Pound Unfazed By Latest Brexit Development

via: SeekingAlpha at 2019-03-26 03:31:33:000

By Dean Popplewell Tuesday March 26: Five things the markets are talking about Global equities have rallied overnight after two session of losses as the US 10-year Treasury yields backed away from this year's low yield print, but the outlook remains somewhat uncertain as investors wei… read more...

Thoughts About The Price Action

via: SeekingAlpha at 2019-03-24 04:55:55:000

The Federal Reserve was more dovish than expected, but that did not stop the dollar from appreciating against most of the major currencies last week. Even the Norwegian krone, which one would have thought would have been better supported following the central bank's rate hike, closed lower o… read more...

Thoughts About The Price Action

via: SeekingAlpha at 2019-03-24 04:55:55:000

The Federal Reserve was more dovish than expected, but that did not stop the dollar from appreciating against most of the major currencies last week. Even the Norwegian krone, which one would have thought would have been better supported following the central bank's rate hike, closed lower o… read more...

Dollar Supported By Risk Aversion Trading

via: SeekingAlpha at 2019-03-22 03:39:16:000

Friday March 22: Five things the markets are talking about Global equities are trading mixed after the European Union agreed Thursday to a short Brexit delay. Investors are also weighing up further signs of a sluggish global economy as a plethora of G7 central banks reassess normalizing th… read more...

Dollar Supported By Risk Aversion Trading

via: SeekingAlpha at 2019-03-22 03:39:16:000

Friday March 22: Five things the markets are talking about Global equities are trading mixed after the European Union agreed Thursday to a short Brexit delay. Investors are also weighing up further signs of a sluggish global economy as a plethora of G7 central banks reassess normalizing th… read more...

Dovish Fed Sends Global Yields Lower, But Little Succor For Stocks

via: SeekingAlpha at 2019-03-21 04:02:20:000

Overview: The dovishness of the Federal Reserve sent ripples through the capital markets. US equities reversed initial gains, but Asia Pacific equities edged higher, though Japanese markets were closed for a national holiday. European shares are struggling, as financials and consumer discret… read more...

Fed To Set The Tone For The U.S. Dollar

via: SeekingAlpha at 2019-03-20 03:48:45:000

By Dean Popplewell Wednesday March 20: Five things the markets are talking about All eyes are on today's FOMC meeting where the Fed is expected to hold interest rates steady, announce plans for the end of asset roll-off from its balance sheet, and lower its "dot-plot" projections for t… read more...

Third Vote On Withdrawal Bill Scuppered Until After EU Summit

via: SeekingAlpha at 2019-03-19 03:31:03:000

Overview: The capital markets remain subdued. Many Asian equity markets eased after a strong two-day advance. European equities are slightly firmer. The S&P 500 closed at new five-month highs yesterday. Benchmark 10-year yields are mostly a little softer. Australian 10-year bond yield fe… read more...

March 18, 2018: Forex Weekly - Relative Valuation And Trading Opportunities

via: SeekingAlpha at 2019-03-19 00:26:58:000

As you know, once in a while, Splendid Exchange looks at seven major currency pairs in search of the evidence of popular delusions and the madness of crowds . The idea is to find anomalies and bullish or bearish divergences that will break the trend, not prolong it. It is a painful exercise, … read more...

Sterling, Yields And Stocks Set For A Volatile Week

via: SeekingAlpha at 2019-03-18 04:29:18:000

By Dean Popplewell Monday March 18: Five things the markets are talking about Global equities start Monday on the front foot in a week that is packed with geopolitical (Brexit, EU summit - March21/22), economic releases and central bank meetings (FOMC, BoE, SNB), events that are expe… read more...

Equities Advance, Dollar Slips, Key Events Awaited

via: SeekingAlpha at 2019-03-18 04:08:03:000

Overview: The eventful week has begun off slowly. After Wall Street's best week in four months underpinned Asian equities, where all the markets but Thailand, advanced, led by the nearly 2.5% rally in Shanghai. Note that New Zealand's S&P/NZX 50 rose to new record highs. European bourses… read more...

Euro And Yen Volatility Slips To New 5-Year Lows On The Ides Of March

via: SeekingAlpha at 2019-03-15 04:25:26:000

Overview: The capital markets are calm ahead of the weekend. Outside of Australia and Thailand, Asia Pacific equities advanced, while European shares are mostly little changed. The regional benchmarks, like the S&P 500 have recouped last week's losses. Benchmark 10-year yields are little… read more...

Euro And Yen Volatility Slips To New 5-Year Lows On The Ides Of March

via: SeekingAlpha at 2019-03-15 04:25:26:000

Overview: The capital markets are calm ahead of the weekend. Outside of Australia and Thailand, Asia Pacific equities advanced, while European shares are mostly little changed. The regional benchmarks, like the S&P 500 have recouped last week's losses. Benchmark 10-year yields are little… read more...

Euro And Yen Volatility Slips To New 5-Year Lows On The Ides Of March

via: SeekingAlpha at 2019-03-15 04:25:26:000

Overview: The capital markets are calm ahead of the weekend. Outside of Australia and Thailand, Asia Pacific equities advanced, while European shares are mostly little changed. The regional benchmarks, like the S&P 500 have recouped last week's losses. Benchmark 10-year yields are little… read more...

Another U.K. Vote, But No Closure

via: SeekingAlpha at 2019-03-14 03:41:01:000

Overview: The Brexit drama continues to play out, and the Withdrawal Bill that has been twice defeated is ironically not dead yet. Today's vote, in fact, is predicated on another "meaningful vote" before seeking an extension. Sterling remains firm near yesterday's highs, which were the best … read more...

FX Options Skews: Economics And Implications

via: SeekingAlpha at 2019-03-13 07:17:14:000

By Erik Norland Nearly all options markets exhibit some kind of natural skewness. For example, out-of-the-money (OTM) put options on equity index futures are typically more expensive than OTM call options: investors typically fear a sudden fall in stock prices more than a sudden rise and, … read more...

Still Waiting For Brexit Climax

via: SeekingAlpha at 2019-03-13 02:56:41:000

Overview: The Brexit drama continues to command attention. A vote on leaving without an agreement will be held today, and if that fails, there will be a vote tomorrow on an extension. Meanwhile, the first increase in headline US CPI in four months failed to impress, as the year-over-year pac… read more...

How To Capitalize On Australia's Big Housing Bubble

via: SeekingAlpha at 2019-03-12 09:57:37:000

Our Financials & Housing analyst Josh Steiner fielded a pair of subscriber questions on how best to take advantage of the Australian housing bubble. Its pretty obvious the Australian dollar is a short, Steiner explains. Ultimately, Australia is goi… read more...

Dollar Playing Second Fiddle To Brexit

via: SeekingAlpha at 2019-03-12 03:59:14:000

Tuesday March 12: Five things the markets are talking about Global equities have extended yesterday's gains, along with US futures, as the broad risk-on attitude across markets continues. Treasuries prices are under pressure and the 'big' dollar has edged a tad lower, while sterling is… read more...

Greenback Starts New Week Decidedly Mixed, With Brexit Anxiety Weighing On Sterling

via: SeekingAlpha at 2019-03-11 04:22:08:000

Overview: Asian shares recovered from opening losses to finish mostly higher, with the Shanghai Composite up nearly 2% and India tacking on 1% after the election was called, starting April 11. European markets, led by energy, communication, and materials sectors, are up about 0.5% through mi… read more...

Brexit And Sterling Volatility Expected

via: SeekingAlpha at 2019-03-11 03:42:29:000

By Dean Popplewell Monday March 11: Five things the markets are talking about A US budget, a 'meaningful' Brexit vote and U.S-China trade talks are to dominate proceedings this week. President Trump is expected to release his proposed fiscal 2020 budget today, four-weeks later than… read more...

U.S. Dollar May Weaken Due To Renewed Global Growth Convergence

via: SeekingAlpha at 2019-03-10 08:36:51:000

Posted by Ray Uy, Head of Macro Research and Currency Portfolio Management on March 8, 2019, in Fixed Income US dollar: Underweight We continue to expect the US dollar to weaken against a backdrop of renewed global growth convergence. This will likely be driven by the unwind … read more...

The Dollar, Stocks, And Bonds Are On The Move: What Do The Charts Say?

via: SeekingAlpha at 2019-03-10 07:31:51:000

The dollar rose against nearly all the currencies last week. Among the majors, the chief exception was the Japanese yen, which seemed to benefit from the equity weakness and the drop in yields, perhaps not really so much of the widely touted safe haven attribute, but the unwinding of funding p… read more...

Australia's Housing Market Shakes Its Foundations

via: SeekingAlpha at 2019-03-08 00:57:58:000

Interactive Brokers - Asia-Pacific: The Week Ahead (Mar 11-18) The week ahead in the Asia-Pacific region will be somewhat light on economic releases, however several updates are due out of Australia, including business and consumer confidence, as well as housing data. The fresh reports f… read more...

Australia's Housing Market Shakes Its Foundations

via: SeekingAlpha at 2019-03-08 00:57:58:000

Interactive Brokers - Asia-Pacific: The Week Ahead (Mar 11-18) The week ahead in the Asia-Pacific region will be somewhat light on economic releases, however several updates are due out of Australia, including business and consumer confidence, as well as housing data. The fresh reports f… read more...

Dollar Subdued Ahead Of ECB

via: SeekingAlpha at 2019-03-07 02:34:59:000

Thursday March 7: Five things the markets are talking about Global equities are mostly lower as revised lower economic forecasts add to investor worries about the outlook for global growth. The 'big' dollar has climbed for a seventh consecutive session while US Treasuries ticked a tad hig… read more...

EMU Looks To ECB

via: SeekingAlpha at 2019-03-07 01:32:47:000

Overview: The ECB meeting is today's highlight. A dovish signal is expected. The euro remains pinned near its lows ahead it. The global equity market rally in January and February is faltering this week. Asian equities were mixed, but the Nikkei eased for the third consecutive session. Altho… read more...

A Potential Play Against Australia's Declining Economy And Housing Market

via: SeekingAlpha at 2019-03-06 07:31:00:000

The mainstream hasnt talked much about the serious trouble in the Lucky Country - aka Australia. But Ive had my eye on it for a while now… And after the recent slowdown of Chinas growth estimates, I think this is a good time to bring it to yo... read more...

The Dollar Index Extends Gains Into The Sixth Consecutive Session

via: SeekingAlpha at 2019-03-06 02:38:16:000

Overview: The capital markets are on edge. The week's big events lie ahead. The Bank of Canada meets today and the ECB tomorrow, followed by US (and Canada) employment data on Friday. The equity markets are mixed. While Japan and Korean equities eased, China's markets continue their tear. Th… read more...

Australia GDP growth misses forecasts

via: SeekingAlpha at 2019-03-05 22:20:20:000

Australia reported lower than expected growth last year as it battled a steep housing downturn, lackluster consumer spending and trade challenges with slower growth in China. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, Aberdeen Australia … read more...

Dollar Remains Firms As China Cuts Growth Target And Taxes, While EMU PMI Surprises On Upside

via: SeekingAlpha at 2019-03-05 04:35:18:000

Overview: It is an eventful day, but the capital markets are taking it in stride. Equity markets are mixed. Asia may have been weighed down by China's shaving its growth target and announced around CNY2 trillion (~$300 bln) in tax cuts to support the economy, though Chinese stocks edged high… read more...

Stocks Get The Green Light From Trade Talks

via: SeekingAlpha at 2019-03-04 02:41:57:000

By Dean Popplewell Monday March 4: Five things the markets are talking about Global stocks have started the week on the front foot on signs of progress in US-China trade negotiations. News of trade progress is also boosting oil prices, which snapped a two-week winning streak when they … read more...

Markets Shrug Off Trump's Attempt To Talk The Dollar Down

via: SeekingAlpha at 2019-03-04 01:42:29:000

Overview: Comments by US President Trump over the weekend, complaining about the dollar's strength weighed on the greenback initially in Asia, but it quickly recovered. Reports of progress on a US-China trade deal helped lift the Shanghai Composite above the 3000-level for the first time sin… read more...

Dovish Hold By The ECB And Uptick In U.S. Wages Will Underscore Divergence

via: SeekingAlpha at 2019-03-03 04:26:21:000

The important events take place in the second half of the week ahead: the ECB meeting and the US employment report. A dovish hold by the ECB is the most likely outcome. US jobs growth is bound to slow from the heady 304k gain in January, but there won't be anything in it that lends credence … read more...

Merk Research: Currency Chart Book February 2019

via: SeekingAlpha at 2019-02-28 02:15:00:000

As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized… read more...

Merk Research: Currency Chart Book February 2019

via: SeekingAlpha at 2019-02-27 21:15:00:000

As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized… read more...

Merk Research: Currency Chart Book February 2019

via: SeekingAlpha at 2019-02-27 21:15:00:000

As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized… read more...

Dollar's Slippery Slope

via: SeekingAlpha at 2019-02-27 07:45:04:000

By Dean Popplewell Wednesday February 27: Five things the markets are talking about Rising geopolitical tensions dominates trading this morning, sending global equities and futures lower as India clashes with Pakistan. Note: Tensions escalated after Pakistan shot down an Indian figh… read more...

Dollar Trades Heavily, While Prospects Of A Softer And Later Brexit Send The Sterling Higher

via: SeekingAlpha at 2019-02-27 07:21:13:000

Overview: As the North American session is about to begin, the markets await developments in the UK House of Commons where a vote is expected today on Prime Minister May's proposal to hold votes on around March 12 on the Withdrawal Bill and no deal. However, perceptions of a reduced likeliho… read more...

Brexit Dilution Lifts Sterling, While Yesterday's Equity Rally Fades, Powell Awaited

via: SeekingAlpha at 2019-02-26 09:28:49:000

Overview: The increased likelihood that Brexit is delayed and the possibility of a second referendum is helping lift the sterling. As has been the case for most of the time since the June 2016 referendum, the prospects of a softer and/or later Brexit is understood as sterling-positive. The o… read more...

Sterling Finds Support On Brexit Delay Talk

via: SeekingAlpha at 2019-02-26 08:21:48:000

By Dean Popplewell Tuesday February 26: Five things the markets are talking about Global equities are trading under pressure in the overnight session, while sovereign bond prices have found a bid as investors pare back a portion of their initial euphoria surrounding the Sino- US trade … read more...

Theresa May And Donald Trump Lose Oscar For Best Drama

via: SeekingAlpha at 2019-02-25 07:53:43:000

By Dean Popplewell Monday February 25: Five things the markets are talking about Global equities are starting this new trading week better bid, along with the Chinese yuan, after President Trump yesterday postponed the March 1st date for hiking tariffs on Chinese imports as he sees pro… read more...

Dollar Thumped On Confirmation Of Tariff Delay While Stocks Advance

via: SeekingAlpha at 2019-02-25 06:57:14:000

Overview: The extension of the US-China tariff freeze had been telegraphed, but the confirmation is the single biggest driver of the day. Equities, led by a 5%+ advance in China, have rallied in Asia and Europe. Benchmark 10-year bond yields are mostly 1-2 basis points higher. Peripheral yie… read more...

The Dollar Index Remains Below Its Critical Resistance Level - Keep An Eye On These 2 Currencies

via: SeekingAlpha at 2019-02-25 06:00:00:000

The latest minutes of the most recent FOMC meeting told markets that the central bank expects to have lots of patience when it comes to tightening credit in 2019. Moreover, the Fed is contemplating and formulating a plan to slow or end its program of quantitative tightening sooner, rather than… read more...

Markets Ending Week With A Whimper

via: SeekingAlpha at 2019-02-22 08:15:15:000

Overview: The global capital markets are winding down what appears to be an inconclusive week quietly and on a mixed note. The MSCI Asia Pacific Index is poised to snap a four-day advance but held on to a nearly 2% gain for the week. European bourses are mostly higher, and although the weekl… read more...

Markets Ending Week With A Whimper

via: SeekingAlpha at 2019-02-22 08:15:15:000

Overview: The global capital markets are winding down what appears to be an inconclusive week quietly and on a mixed note. The MSCI Asia Pacific Index is poised to snap a four-day advance but held on to a nearly 2% gain for the week. European bourses are mostly higher, and although the weekl… read more...

Markets Ending Week With A Whimper

via: SeekingAlpha at 2019-02-22 08:15:15:000

Overview: The global capital markets are winding down what appears to be an inconclusive week quietly and on a mixed note. The MSCI Asia Pacific Index is poised to snap a four-day advance but held on to a nearly 2% gain for the week. European bourses are mostly higher, and although the weekl… read more...

U.S. Dollar Stronger By Default, But For How Long?

via: SeekingAlpha at 2019-02-22 07:58:00:000

Friday February 22: Five things the markets are talking about Global equities saw some modest gains overnight as investors await results from the Sino- US trade talks. Will we get some concrete news or perhaps an announcement of an extension of the March 1 deadline for implementing further… read more...

U.S. Dollar Stronger By Default, But For How Long?

via: SeekingAlpha at 2019-02-22 07:58:00:000

Friday February 22: Five things the markets are talking about Global equities saw some modest gains overnight as investors await results from the Sino- US trade talks. Will we get some concrete news or perhaps an announcement of an extension of the March 1 deadline for implementing further… read more...

U.S. Dollar Stronger By Default, But For How Long?

via: SeekingAlpha at 2019-02-22 07:58:00:000

Friday February 22: Five things the markets are talking about Global equities saw some modest gains overnight as investors await results from the Sino- US trade talks. Will we get some concrete news or perhaps an announcement of an extension of the March 1 deadline for implementing further… read more...

Aussie Dollar Drops On Coal Ban

via: SeekingAlpha at 2019-02-21 08:15:07:000

By Dean Popplewell Thursday February 21: Five things the markets are talking about Euro equities are struggling for direction, unlike most of its Asian counterparts in the overnight session. The 'big' dollar has edged a tad higher after Wednesday's FOMC minutes, while the Chinese yuan … read more...

Aussie Slammed By Dalian Coal Embargo, While Firmer Flash PMI Does Euro Little Good

via: SeekingAlpha at 2019-02-21 08:02:32:000

Overview: The US dollar is firm against most major and emerging market currencies. There is more optimism on US-Chinese trade as a series of understandings are drafted, and an extension past March 1 of the tariff freeze is reportedly in the works. Mixed economic data and a call from a local … read more...

Dollar Falls For A Fifth Straight Session

via: SeekingAlpha at 2019-02-20 07:41:39:000

Wednesday February 20: Five things the markets are talking about March 1 deadline is "not a magical date" News on the trade front and the Federal Reserve minutes, due this afternoon (2:00 pm ET), will help decide whether equities can extend their 2019 winning streak. Stocks in Europe… read more...

U.S.-China Trade And Brexit Dominate Ahead Of FOMC Minutes

via: SeekingAlpha at 2019-02-20 07:07:58:000

Overview: The US dollar is narrowly mixed against the major currencies, but the strongest currency today is the Chinese yuan, following reports that US wants China to keep the yuan stable and not offset US tariffs with currency depreciation. The second monthly decline in Japanese exports wei… read more...

Dollar In No Man's Land

via: SeekingAlpha at 2019-02-19 07:51:29:000

By Dean Popplewell Tuesday February 19: Five things the markets are talking about Global equities are trading mixed as Sino- US trade talks continue and investors await commentary from the Fed this week - the minutes from the latest meeting are out tomorrow (02:00 pm ET). The big dolla… read more...

Dollar Drifts Lower

via: SeekingAlpha at 2019-02-18 07:02:11:000

Overview: In quiet turnover, the US dollar slipped lower against most of the major currencies to start the new week. The news stream is light and the US markets are closed today. The MSCI Asia Pacific Index was up five of the past six weeks and extended its gains today. Nearly all the equity… read more...

Dollar Bulls May Turn Cautious

via: SeekingAlpha at 2019-02-17 13:33:26:000

While we expect that the broad economic and monetary divergence will allow the dollar's uptrend to resume more immediately, we have been expecting the recent ranges to remain intact. The ranges may have frayed, but the pre-weekend price action may reinforce them. With a slow start to the week … read more...

Asia-Pacific: The Week Ahead (Feb. 18-22) Shifts In The Land Down Under

via: SeekingAlpha at 2019-02-15 11:43:14:000

Activity on the Asia-Pacific calendar will continue to gather momentum in the week ahead, with several updates on Australia's economic health, including its manufacturing and employment situations. Monday, February 18 Reserve Bank of Australia's ((RBA)) Meeting Minutes The RBA at its… read more...

Asia-Pacific: The Week Ahead (Feb. 18-22) Shifts In The Land Down Under

via: SeekingAlpha at 2019-02-15 11:43:14:000

Activity on the Asia-Pacific calendar will continue to gather momentum in the week ahead, with several updates on Australia's economic health, including its manufacturing and employment situations. Monday, February 18 Reserve Bank of Australia's ((RBA)) Meeting Minutes The RBA at its… read more...

AUD: Highly Dependent On China

via: SeekingAlpha at 2019-02-15 09:31:55:000

Worsening Australian economic and inflation data in combination with fears of Chinese growth slowdown weighed heavily on the AUD through the course of December. Furthermore, concerns about the US-China trade conflict put considerable pressure on the AUD and the market started questioning wheth… read more...

AUD: Highly Dependent On China

via: SeekingAlpha at 2019-02-15 09:31:55:000

Worsening Australian economic and inflation data in combination with fears of Chinese growth slowdown weighed heavily on the AUD through the course of December. Furthermore, concerns about the US-China trade conflict put considerable pressure on the AUD and the market started questioning wheth… read more...

Equities Stall While Greenback Remains Firm

via: SeekingAlpha at 2019-02-15 08:59:57:000

Overview: The S&P 500 snapped a four-day advance yesterday, and equities in the Asia Pacific followed suit. All the markets in the region were lower but in Australia. MSCI's regional benchmark stalled after reached a four-month high in the middle of the week. European markets were mostly… read more...

Equities Stall While Greenback Remains Firm

via: SeekingAlpha at 2019-02-15 08:59:57:000

Overview: The S&P 500 snapped a four-day advance yesterday, and equities in the Asia Pacific followed suit. All the markets in the region were lower but in Australia. MSCI's regional benchmark stalled after reached a four-month high in the middle of the week. European markets were mostly… read more...

U.S. Dollar Under Pressure

via: SeekingAlpha at 2019-02-13 09:01:08:000

By Dean Popplewell Wednesday February 13: Five things the markets are talking about Asian equities reached a four-month high overnight, supported by optimism that the world's two largest economies would be capable of reaching a deal to resolve their nearly year-long trade dispute. Pres… read more...

U.S. Dollar Under Pressure

via: SeekingAlpha at 2019-02-13 09:01:08:000

By Dean Popplewell Wednesday February 13: Five things the markets are talking about Asian equities reached a four-month high overnight, supported by optimism that the world's two largest economies would be capable of reaching a deal to resolve their nearly year-long trade dispute. Pres… read more...

King Dollar

via: SeekingAlpha at 2019-02-11 08:44:45:000

By Dean Popplewell Monday February 11: Five things the markets are talking about Equities are small better bid in the euro session following a mixed session in Asia that sees a holiday shorten trading week in Japan. The 'big' dollar remains dominate for an eight consecutive session whe… read more...

King Dollar

via: SeekingAlpha at 2019-02-11 08:44:45:000

By Dean Popplewell Monday February 11: Five things the markets are talking about Equities are small better bid in the euro session following a mixed session in Asia that sees a holiday shorten trading week in Japan. The 'big' dollar remains dominate for an eight consecutive session whe… read more...

Dollar Starts New Week On Firm Note

via: SeekingAlpha at 2019-02-11 07:51:47:000

Overview: Lifted by the re-opening of Chinese markets after the week-long Lunar New Year holiday, global equities are trading firmer. Outside of Japanese markets that were closed, the large markets in Asia - China, Taiwan, South Korea, and Hong Kong advanced. European bourses are following s… read more...

Dollar Starts New Week On Firm Note

via: SeekingAlpha at 2019-02-11 07:51:47:000

Overview: Lifted by the re-opening of Chinese markets after the week-long Lunar New Year holiday, global equities are trading firmer. Outside of Japanese markets that were closed, the large markets in Asia - China, Taiwan, South Korea, and Hong Kong advanced. European bourses are following s… read more...

Dollar In Demand For Now, But...

via: SeekingAlpha at 2019-02-08 07:51:56:000

By Dean Popplewell Friday February 8: Five things the markets are talking about Investor worries over economic growth and trade disputes have pushed global equities towards their first weekly loss in nearly two-months. Oil and metals are under pressure, while yen and sovereign bond pr… read more...

Dollar In Demand For Now, But...

via: SeekingAlpha at 2019-02-08 07:51:56:000

By Dean Popplewell Friday February 8: Five things the markets are talking about Investor worries over economic growth and trade disputes have pushed global equities towards their first weekly loss in nearly two-months. Oil and metals are under pressure, while yen and sovereign bond pr… read more...

Dollar In Demand For Now, But...

via: SeekingAlpha at 2019-02-08 07:51:56:000

By Dean Popplewell Friday February 8: Five things the markets are talking about Investor worries over economic growth and trade disputes have pushed global equities towards their first weekly loss in nearly two-months. Oil and metals are under pressure, while yen and sovereign bond pr… read more...

Currency Outlook: U.S. Dollar Expected To Weaken As Exceptionalism Theme Unwinds

via: SeekingAlpha at 2019-02-07 13:18:56:000

Posted by Ray Uy, Head of Macro Research and Currency Portfolio Management on Feb 6, 2019, in Fixed Income Invesco Fixed Income shares its views on currencies around the world US dollar: Underweight. We expect the US dollar to weaken in the near term. Renewed global growth … read more...

Dollar's Gains Extended

via: SeekingAlpha at 2019-02-07 07:00:25:000

Overview: The five-day advance of the S&P 500 stalled yesterday and global equities are mixed today. Most Asian centers remain closed, Japan and some small markets were lower, while Taiwan, Australia, and India moved higher. The seven-day rally in Europe's Dow Jones Stoxx 600 is under th… read more...

Groundhog Day For Markets?

via: SeekingAlpha at 2019-02-06 09:55:53:000

If Punxsutawney Phil was a Macro Hedge Fund Manager, we believe he would be shorting risk-off and going long risk on - Groundhog day is almost here and the Shadow of December 2018 is not frightening this dice rolling rodent. The jobs market surged in December, wages are now improving at a he… read more...

Dollar Drives Higher

via: SeekingAlpha at 2019-02-06 08:57:48:000

Wednesday February 6: Five things the markets are talking about European equities are on the back foot after a surprise drop in German factory orders this morning added to signs that the region's strongest economy is struggling. The EUR (1.1380) has fallen to its lowest level outri… read more...

Dollar Gains By Default

via: SeekingAlpha at 2019-02-06 08:07:53:000

Overview: The rally in equities is threatening to pause today, even though the few markets open in Asia edged higher. Europe's Dow Jones Stoxx 600, which has advanced in eight of the past ten sessions and six in a row, is seeing some profit-taking pressures. US shares are also trading heavie… read more...

Aussie turns lower as RBA Governor floats prospect of rate cut

via: SeekingAlpha at 2019-02-06 01:31:15:000

A day after the Australian dollar swung to positive ground following the Reserve Bank of Australia's decision to keep rates steady, it's now 1.2% lower against the greenback following the year's first speech from RBA Governor Philip Lowe. More news on: Invesco CurrencyShares Australian… read more...

Dollar Position Taking Requires Conviction

via: SeekingAlpha at 2019-02-05 07:45:16:000

By Dean Popplewell Tuesday January 5: Five things the markets are talking about Capital markets remain relatively listless, especially during this week in which much of Asia is on holiday. Interested parties are desperately seeking out any market momentum to apply to their convictions…. read more...

Greenback Remains Firm

via: SeekingAlpha at 2019-02-05 07:18:58:000

Overview: The US dollar is a little firmer against most of the major currencies. Despite some disappointing data (retail sales, trade, PMI), the Australian dollar has recovered from initial losses below $0.7200 on the back of the central bank's reluctance to adopt an easing bias. A small upw… read more...

Australian dollar and banks rise after rate decision, report

via: SeekingAlpha at 2019-02-05 01:04:31:000

The Australian dollar rose after a decision by the country's central bank to keep rates at record lows in its first meeting of 2019, though the bank came off less dovish than expected. More news on: Commonwealth Bank of Australia ADR, National Australia Bank Ltd. (Victoria, Australia) ADR,… read more...

U.S. Dollar Falls Expect To Be Limited

via: SeekingAlpha at 2019-02-04 07:50:02:000

By Dean Popplewell Monday February 4: Five things the markets are talking about Global equities hover atop of their four-month highs while the 'big' dollar holds firm after last Friday's solid non-farm payroll ((NFP)) report and this despite inconclusive Sino- US trade talks stateside … read more...

Subdued Start To Quiet Week

via: SeekingAlpha at 2019-02-04 06:59:47:000

Overview: The Lunar New Year celebration made for a quiet Asian session while a light diary in Europe saw subdued turnover. Equity markets are narrowly mixed. Among the three large markets open in Asia Pacific, Australia and Japanese equities rose while India slipped. European bourses are li… read more...

Asia-Pacific: The Week Ahead (Feb. 4 - 11)

via: SeekingAlpha at 2019-02-04 06:18:40:000

Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the Asia-Pacific region in the week beginning February 4. Note : This material was originally published on IBKR Traders' Insight on January 31, 2018. The analysis in thi… read more...

February Forex Outlook

via: SeekingAlpha at 2019-02-02 14:48:54:000

US Dollar: The Dollar Index has been softer over the past two months, only rising one week in December and one week in January. It has been confined to about 100 points on either side of roughly 96.15 where it finished last year. Although the S&P 500 has recouped a little more than half … read more...

February Forex Outlook

via: SeekingAlpha at 2019-02-02 14:48:54:000

US Dollar: The Dollar Index has been softer over the past two months, only rising one week in December and one week in January. It has been confined to about 100 points on either side of roughly 96.15 where it finished last year. Although the S&P 500 has recouped a little more than half … read more...

She Can't Accept No

via: SeekingAlpha at 2019-01-30 08:58:26:000

Overview: The UK Prime Minister has two weeks to strike a new deal with the EC over the Irish backstop or return to Parliament in mid-February to consider alternatives, six weeks before Brexit. Sterling has recovered about half of yesterday's drop. The Australian dollar's jump back to $0.720… read more...

She Can't Accept No

via: SeekingAlpha at 2019-01-30 08:58:26:000

Overview: The UK Prime Minister has two weeks to strike a new deal with the EC over the Irish backstop or return to Parliament in mid-February to consider alternatives, six weeks before Brexit. Sterling has recovered about half of yesterday's drop. The Australian dollar's jump back to $0.720… read more...

She Can't Accept No

via: SeekingAlpha at 2019-01-30 08:58:26:000

Overview: The UK Prime Minister has two weeks to strike a new deal with the EC over the Irish backstop or return to Parliament in mid-February to consider alternatives, six weeks before Brexit. Sterling has recovered about half of yesterday's drop. The Australian dollar's jump back to $0.720… read more...

Sterling Slumps After Brexit Shenanigans

via: SeekingAlpha at 2019-01-30 08:19:01:000

Wednesday, January 30: Five things the markets are talking about The next U.S dollar move will depend on a plethora of factors from this week - investors are looking ahead to today's monetary policy announcement by the Fed (2:00 pm EDT), at which it is expected to leave interest rates unchan… read more...

Sterling Slumps After Brexit Shenanigans

via: SeekingAlpha at 2019-01-30 08:19:01:000

Wednesday, January 30: Five things the markets are talking about The next U.S dollar move will depend on a plethora of factors from this week - investors are looking ahead to today's monetary policy announcement by the Fed (2:00 pm EDT), at which it is expected to leave interest rates unchan… read more...

Sterling Slumps After Brexit Shenanigans

via: SeekingAlpha at 2019-01-30 08:19:01:000

Wednesday, January 30: Five things the markets are talking about The next U.S dollar move will depend on a plethora of factors from this week - investors are looking ahead to today's monetary policy announcement by the Fed (2:00 pm EDT), at which it is expected to leave interest rates unchan… read more...

iShares MSCI Australia ETF: Macro Outlook 2019

via: SeekingAlpha at 2019-01-29 23:04:42:000

iShares MSCI Australia ETF (NYSE: EWA ) is the largest Australia country-specific, exchange-traded product traded on a U.S. exchange with about $1.1 billion in assets. The fund is fairly diversified, especially compared to some of the other iShares MSCI country ETFs. Aside from a couple of glo… read more...

iShares MSCI Australia ETF: Macro Outlook 2019

via: SeekingAlpha at 2019-01-29 23:04:42:000

iShares MSCI Australia ETF (NYSE: EWA ) is the largest Australia country-specific, exchange-traded product traded on a U.S. exchange with about $1.1 billion in assets. The fund is fairly diversified, especially compared to some of the other iShares MSCI country ETFs. Aside from a couple of glo… read more...

iShares MSCI Australia ETF: Macro Outlook 2019

via: SeekingAlpha at 2019-01-29 23:04:42:000

iShares MSCI Australia ETF (NYSE: EWA ) is the largest Australia country-specific, exchange-traded product traded on a U.S. exchange with about $1.1 billion in assets. The fund is fairly diversified, especially compared to some of the other iShares MSCI country ETFs. Aside from a couple of glo… read more...

Fragile Tone Persists

via: SeekingAlpha at 2019-01-29 07:35:53:000

Overview: The positive impulse in the capital markets seen last week has faded. The gap higher opening ahead of the weekend by the S&P 500 was followed by a gap lower opening yesterday. The US threatened crackdown on Huawei disrupted equities in that sector, with as many as two dozen com… read more...

Should You Be Bullish On The Aussie Dollar?

via: SeekingAlpha at 2019-01-28 11:58:32:000

In my last article on January 3 rd , I had highlighted that I expect the Australian Dollar ( FXA , AUDS ) to trade in a box range pattern up until the candle signals offer a clear direction for an upside or downside breakout. This proved to be true as the currency traded within the box rang… read more...

Spectacular AUD Defies Expectations

via: SeekingAlpha at 2019-01-27 21:01:20:000

I wrote in my previous article "AUD/USD: 'Down-Under' No More" that the Australian Dollar ( FXA ) was poised for a spectacular recovery in 2019. The article was written about 2 weeks back on 7th January, and my trade idea was to buy the AUD/USD at the 0.7100 levels the currency pair was trad… read more...

Market Looks For Conviction On Direction

via: SeekingAlpha at 2019-01-25 08:04:49:000

By Dean Popplewell Friday January 25: Five things the markets are talking about Global equities and US futures are trying to close out the week on firmer footing. Equity direction continues to depend on investors weighing up corporate earnings reports and concerns about the global eco… read more...

Market Looks For Conviction On Direction

via: SeekingAlpha at 2019-01-25 08:04:49:000

By Dean Popplewell Friday January 25: Five things the markets are talking about Global equities and US futures are trying to close out the week on firmer footing. Equity direction continues to depend on investors weighing up corporate earnings reports and concerns about the global eco… read more...

Market Looks For Conviction On Direction

via: SeekingAlpha at 2019-01-25 08:04:49:000

By Dean Popplewell Friday January 25: Five things the markets are talking about Global equities and US futures are trying to close out the week on firmer footing. Equity direction continues to depend on investors weighing up corporate earnings reports and concerns about the global eco… read more...

Poor EMU PMI Compounds ECB's Challenge

via: SeekingAlpha at 2019-01-24 06:35:23:000

Overview: The eurozone's preliminary composite PMI for January fell to its lowest level since July 2013. It reinforces expectations for a dovish Draghi press conference and saw the euro unwind yesterday's gains. The US dollar is firmer against all the major currencies. Asian stocks gained, a… read more...

Markets Walk Tightrope After Yesterday's U.S. Equity Drop

via: SeekingAlpha at 2019-01-23 10:02:30:000

Overview: Global equities have fared better than the 1.4% slide in the S&P 500 yesterday may have implied. Asian markets were mixed, with China, Korea, Hong Kong, and Thailand advancing. The Dow Jones Stoxx 600 from Europe is a little changed after falling for the past two sessions. News… read more...

Appetite For Market Risk Is Very Low

via: SeekingAlpha at 2019-01-22 11:38:28:000

By Dean Popplewell Tuesday January 22: Five things the markets are talking about Appetite for risk in this holiday shorted week starts on the low side with Euro and Asia equities under pressure in their respective sessions, along with US futures, as an uncertain outlook for global tra… read more...

Dollar Consolidates And Equity Rally Stalls

via: SeekingAlpha at 2019-01-22 08:19:16:000

Overview: The US dollar is firmer against most major and emerging market currencies. The yen is a notable exception, and it is firmer, but well within recent ranges. The dollar-bloc currencies and the Norwegian krona are the weakest of the majors as a setback in equities and oil reflects a d… read more...

Markets Finishing Week On Positive Note

via: SeekingAlpha at 2019-01-18 09:05:17:000

Overview: Sentiment has improved since the volatility last month spooked investors and, perhaps, some policymakers. Global equities are rallying. The Shanghai Composite and the Nikkei are at their best levels in almost a month, while the Dow Jones Stoxx 600 is at its best level since early D… read more...

Markets Finishing Week On Positive Note

via: SeekingAlpha at 2019-01-18 09:05:17:000

Overview: Sentiment has improved since the volatility last month spooked investors and, perhaps, some policymakers. Global equities are rallying. The Shanghai Composite and the Nikkei are at their best levels in almost a month, while the Dow Jones Stoxx 600 is at its best level since early D… read more...

Markets Finishing Week On Positive Note

via: SeekingAlpha at 2019-01-18 09:05:17:000

Overview: Sentiment has improved since the volatility last month spooked investors and, perhaps, some policymakers. Global equities are rallying. The Shanghai Composite and the Nikkei are at their best levels in almost a month, while the Dow Jones Stoxx 600 is at its best level since early D… read more...

Markets Finishing Week On Positive Note

via: SeekingAlpha at 2019-01-18 09:05:17:000

Overview: Sentiment has improved since the volatility last month spooked investors and, perhaps, some policymakers. Global equities are rallying. The Shanghai Composite and the Nikkei are at their best levels in almost a month, while the Dow Jones Stoxx 600 is at its best level since early D… read more...

Dollar Supported By U.S. Trade Optimism

via: SeekingAlpha at 2019-01-18 07:47:55:000

By Dean Popplewell Friday January 18: Five things the markets are talking about Improved market and investor optimism for Sino- US trade talks saw global equities and US stock futures climb in the overnight session. In commodities, crude oil prices are leading the rally, while soverei… read more...

Dollar Supported By U.S. Trade Optimism

via: SeekingAlpha at 2019-01-18 07:47:55:000

By Dean Popplewell Friday January 18: Five things the markets are talking about Improved market and investor optimism for Sino- US trade talks saw global equities and US stock futures climb in the overnight session. In commodities, crude oil prices are leading the rally, while soverei… read more...

Dollar Supported By U.S. Trade Optimism

via: SeekingAlpha at 2019-01-18 07:47:55:000

By Dean Popplewell Friday January 18: Five things the markets are talking about Improved market and investor optimism for Sino- US trade talks saw global equities and US stock futures climb in the overnight session. In commodities, crude oil prices are leading the rally, while soverei… read more...

Dollar Supported By U.S. Trade Optimism

via: SeekingAlpha at 2019-01-18 07:47:55:000

By Dean Popplewell Friday January 18: Five things the markets are talking about Improved market and investor optimism for Sino- US trade talks saw global equities and US stock futures climb in the overnight session. In commodities, crude oil prices are leading the rally, while soverei… read more...

U.S. mulls pulling back China tariffs - WSJ

via: SeekingAlpha at 2019-01-17 14:57:58:000

Treasury Secretary Steven Mnuchin is reportedly pushing a plan to pull back tariffs on Chinese imports in the hope Beijing will also soften its stance, according to the story . More news on: SPDR S&P 500 Trust ETF, Invesco QQQ ETF, SPDR Dow Jones Industrial Average ETF, Global news an… read more...

Risk Assets Underperform As Investors Await Fresh Developments

via: SeekingAlpha at 2019-01-17 08:57:25:000

Overview: The capital markets remain relatively subdued as fresh trading incentives are awaited, including US corporate earnings. Some of the enthusiasm for risk-assets has diminished. The MSCI Emerging Markets Index has stalled after trading at six-week highs yesterday, though most bourses … read more...

Risk Appetite Slips, Brexit, U.S. Trade And Government Shutdown In Focus

via: SeekingAlpha at 2019-01-17 08:00:40:000

By Dean Popplewell Thursday January 17: Five things the markets are talking about With the US government shutdown and the UK's Brexit standoff ongoing, coupled with the drawn-out Sino- US trade situation, there are enough reasons in play for investor market caution. Overnight, the… read more...

Greenback's Pain May Be Over Or Nearly So

via: SeekingAlpha at 2019-01-14 02:25:16:000

The recent equity volatility, declining yields, and a softer dollar may be over or nearly so. The 25% rally in February WTI appears to have stabilized market measures of inflation expectations. The S&P 500 has retraced 38.2% of its decline since the record high in September. The market h… read more...

Greenback's Pain May Be Over Or Nearly So

via: SeekingAlpha at 2019-01-14 02:25:16:000

The recent equity volatility, declining yields, and a softer dollar may be over or nearly so. The 25% rally in February WTI appears to have stabilized market measures of inflation expectations. The S&P 500 has retraced 38.2% of its decline since the record high in September. The market h… read more...

Greenback's Pain May Be Over Or Nearly So

via: SeekingAlpha at 2019-01-14 02:25:16:000

The recent equity volatility, declining yields, and a softer dollar may be over or nearly so. The 25% rally in February WTI appears to have stabilized market measures of inflation expectations. The S&P 500 has retraced 38.2% of its decline since the record high in September. The market h… read more...

Trade Optimism And The Recovery In Oil Boosts Risk Appetites

via: SeekingAlpha at 2019-01-11 07:24:53:000

Overview: Optimism on trade talks between the US and China coupled with the biggest rally in WTI in two years (11%+) have helped keep the equity market recovery intact. The MSCI Asia Pacific Index rose today, the eighth time in the past ten sessions, while the Dow Jones Stoxx 600 in Europe i… read more...

Trade Optimism And The Recovery In Oil Boosts Risk Appetites

via: SeekingAlpha at 2019-01-11 07:24:53:000

Overview: Optimism on trade talks between the US and China coupled with the biggest rally in WTI in two years (11%+) have helped keep the equity market recovery intact. The MSCI Asia Pacific Index rose today, the eighth time in the past ten sessions, while the Dow Jones Stoxx 600 in Europe i… read more...

Trade Optimism And The Recovery In Oil Boosts Risk Appetites

via: SeekingAlpha at 2019-01-11 07:24:53:000

Overview: Optimism on trade talks between the US and China coupled with the biggest rally in WTI in two years (11%+) have helped keep the equity market recovery intact. The MSCI Asia Pacific Index rose today, the eighth time in the past ten sessions, while the Dow Jones Stoxx 600 in Europe i… read more...

Dollar Loses Its Luster, More To Come

via: SeekingAlpha at 2019-01-10 08:00:48:000

By Dean Popplewell Thursday January 10: Five things the markets are talking about Global equities took a time-out overnight, ending a four-day rally as investor optimism over a possible easing in Sino- US trade tensions faded and concerns around global economic growth returned. Capi… read more...

Trio of Fed doves sends dollar lower

via: SeekingAlpha at 2019-01-09 10:20:36:000

The Federal Reserve's Jim Bullard , Raphael Bostic, and Charles Evans are all on the tape this morning more or less promising at least a pause in the central bank's rate-hike cycle. More news on: Invesco DB USD Bullish ETF, Invesco CurrencyShares Euro Trust ETF, Invesco CurrencyShares Bri… read more...

USD/CAD - Bank Of Canada Rate Decision In Focus

via: SeekingAlpha at 2019-01-09 08:24:14:000

By Dean Popplewell Wednesday January 9: Five things the markets are talking about Global equities are well supported for a third consecutive session as the US and China have found some common ground on trade. Note: Both countries agreed to extend trade talks in Beijing for an unsc… read more...

Equities Continue Recovery, Greenback Remains Heavy

via: SeekingAlpha at 2019-01-09 07:22:41:000

Overview: Global equities have extended the New Year rally. The MSCI Asia Pacific Index advanced for the fifth consecutive session and the 10th in the past 11. The Dow Jones Stoxx 600 in Europe is rising for the second consecutive session, something it has managed to do only one other time i… read more...

U.S. Dollar Reprieve

via: SeekingAlpha at 2019-01-08 07:51:20:000

By Dean Popplewell Tuesday January 8: Five things the markets are talking about European equities have found some support along with US stock futures overnight as investors' await developments on trade talks between the world's two largest economies. While in Asia, equities traded mix… read more...

Improved Risk Appetite Supports Dollar's Demise

via: SeekingAlpha at 2019-01-07 09:00:26:000

Monday January 7: Five things the markets are talking about In Asia overnight, investors' appetite for risk was boosted by 'dovish' comments from the Fed, positive US jobs data and China's monetary policy easing on Friday. However, market enthusiasm has waned a tad in the handover to t… read more...

AUD/USD: 'Down-Under' No More

via: SeekingAlpha at 2019-01-07 08:34:18:000

The currency markets kicked off 2019 with a huge bang. In a flash of a few minutes on 3 January, the Japanese Yen ( FXY ) strengthened close to 3% against the US Dollar ( UUP ) and close to 8% against the AUD ( FXA ). The "flash crash" occurred during the early hours of the Asian trading s… read more...

Recovery Falters In Europe

via: SeekingAlpha at 2019-01-07 07:03:18:000

Overview: The combination of robust US jobs and wage growth, more comforting words from Powell and a strong rally in US stocks before the weekend helped lift Asian markets today and underpinned risk-taking appetites. However, renewed protests in France (and Hungary) coupled with weak German… read more...

Greenback Looks Vulnerable

via: SeekingAlpha at 2019-01-07 04:20:16:000

Fed Chair Powell struck a responsive chord for investors by indicating that officials can be patient and can respond to changing economic dynamics. Powell, who had been previously praised for his straight-talking manner, was able to ease angst among investors without negating the Fed's assessm… read more...

U.S. Jobs Data Hold Recession Fears At Bay

via: SeekingAlpha at 2019-01-04 09:45:02:000

The pessimists were dealt a blow with a US employment report that blew away expectations. The US private sector created 301k jobs, and average hourly pay rose 0.4% for a 3.2% year-over-year pace. Manufacturing added 32k jobs despite the poor ISM. The unemployment rate rose to 3.9% from 3.7%… read more...

U.S. Jobs Data Hold Recession Fears At Bay

via: SeekingAlpha at 2019-01-04 09:45:02:000

The pessimists were dealt a blow with a US employment report that blew away expectations. The US private sector created 301k jobs, and average hourly pay rose 0.4% for a 3.2% year-over-year pace. Manufacturing added 32k jobs despite the poor ISM. The unemployment rate rose to 3.9% from 3.7%… read more...

U.S. Jobs Data Hold Recession Fears At Bay

via: SeekingAlpha at 2019-01-04 09:45:02:000

The pessimists were dealt a blow with a US employment report that blew away expectations. The US private sector created 301k jobs, and average hourly pay rose 0.4% for a 3.2% year-over-year pace. Manufacturing added 32k jobs despite the poor ISM. The unemployment rate rose to 3.9% from 3.7%… read more...

Will NFP Show A Surprise?

via: SeekingAlpha at 2019-01-04 07:55:55:000

By Dean Popplewell Friday January 4: Five things the markets are talking about Yesterday's +271K surge in the ADP measure of private employment stateside in December provides further evidence that the US economy remains in healthy shape. The surprising headline print would suggest … read more...

Will NFP Show A Surprise?

via: SeekingAlpha at 2019-01-04 07:55:55:000

By Dean Popplewell Friday January 4: Five things the markets are talking about Yesterday's +271K surge in the ADP measure of private employment stateside in December provides further evidence that the US economy remains in healthy shape. The surprising headline print would suggest … read more...

Will NFP Show A Surprise?

via: SeekingAlpha at 2019-01-04 07:55:55:000

By Dean Popplewell Friday January 4: Five things the markets are talking about Yesterday's +271K surge in the ADP measure of private employment stateside in December provides further evidence that the US economy remains in healthy shape. The surprising headline print would suggest … read more...

Australian Dollar: Expect A Volatile Start To 2019

via: SeekingAlpha at 2019-01-03 12:12:46:000

In my last article on 27th November, I had stated that the "Australian Dollar ( FXA , AUDS ) has been checkmated by the bears". This came true, as in December the Aussie Dollar fell by roughly 5.1%. However, I now believe that the Australian Dollar has completed its fall due to which I expe… read more...

U.S. Dollar Moves Exaggerated In Twilight Zone Hand-Over

via: SeekingAlpha at 2019-01-03 08:01:53:000

By Dean Popplewell Thursday January 3: Five things the markets are talking about The US dollar fell aggressively on Wednesday evening (17:30 pm EDT), causing a brief currency crash in the US/Asian desk handover, on risk aversion rising due to falling equities in the US and after Appl… read more...

What happened? 'Flash crash' hits currencies

via: SeekingAlpha at 2019-01-03 04:35:39:000

Traders across Asia are still trying to piece together a "flash crash" that rippled across the region overnight, with the Japanese yen jumping almost 8% against the Australian dollar and jumping 10% against the Turkish lira. More news on: Invesco CurrencyShares Japanese Yen Trust ETF… read more...

2019 Will Be An Echo Of 2016 Due To Central Bank Policy

via: SeekingAlpha at 2019-01-03 03:23:41:000

This report will show how markets are developing the same characteristics as they developed in the 2015-2016 period when the big five global central banks last tried to tighten monetary policy. It will compare and contrast the behavior of each major asset class to the same time in 2015-2016 wh… read more...

Full Capitulation In U.S. Stocks Not Here Yet

via: SeekingAlpha at 2019-01-03 02:58:59:000

Following is just a short note with some things I'm looking at in the market and what I want to see before we start getting more aggressive on the long side. First, the Russell small-cap index is knocking up against major support this week in its long-term trend line, 50mma (red line), and l… read more...

A New Year Starting Off With The Same Old Trading Habits

via: SeekingAlpha at 2019-01-02 09:36:12:000

By Dean Popplewell Wednesday January 2: Five things the markets are talking about Investors enter 2019 remaining increasingly uncertain about where sovereign bond markets are heading given the confused interplay between interest rates, growth, and inflation that intensified in Q4, 2018… read more...

Week Winding Down On Firm Note, But Wild Ride May Not Be Over

via: SeekingAlpha at 2018-12-28 06:45:55:000

Overview: The biggest reversal in the S&P 500 since 2010, allowing it to string the biggest two-day rally in three years, helped lift Asian and European shares today. All the Asia-Pacific equity markets advanced today but Japan, where the strength of the yen saw the Nikkei and Topix buck… read more...

Week Winding Down On Firm Note, But Wild Ride May Not Be Over

via: SeekingAlpha at 2018-12-28 06:45:55:000

Overview: The biggest reversal in the S&P 500 since 2010, allowing it to string the biggest two-day rally in three years, helped lift Asian and European shares today. All the Asia-Pacific equity markets advanced today but Japan, where the strength of the yen saw the Nikkei and Topix buck… read more...

Week Winding Down On Firm Note, But Wild Ride May Not Be Over

via: SeekingAlpha at 2018-12-28 06:45:55:000

Overview: The biggest reversal in the S&P 500 since 2010, allowing it to string the biggest two-day rally in three years, helped lift Asian and European shares today. All the Asia-Pacific equity markets advanced today but Japan, where the strength of the yen saw the Nikkei and Topix buck… read more...

Week Winding Down On Firm Note, But Wild Ride May Not Be Over

via: SeekingAlpha at 2018-12-28 06:45:55:000

Overview: The biggest reversal in the S&P 500 since 2010, allowing it to string the biggest two-day rally in three years, helped lift Asian and European shares today. All the Asia-Pacific equity markets advanced today but Japan, where the strength of the yen saw the Nikkei and Topix buck… read more...

Week Winding Down On Firm Note, But Wild Ride May Not Be Over

via: SeekingAlpha at 2018-12-28 06:45:55:000

Overview: The biggest reversal in the S&P 500 since 2010, allowing it to string the biggest two-day rally in three years, helped lift Asian and European shares today. All the Asia-Pacific equity markets advanced today but Japan, where the strength of the yen saw the Nikkei and Topix buck… read more...

Mnuchin Double Checks, Some Scoff But U.S. Shares Are Higher

via: SeekingAlpha at 2018-12-24 08:15:42:000

Overview: It is not the eggnog or rum balls giving traders indigestion on Christmas Eve, but disruptive impulses from the US. Treasury Secretary Mnuchin tried to put to rest reports that President Trump wants to fire Federal Reserve Chair Powell. Mnuchin indicated that the President recogn… read more...

Mnuchin Double Checks, Some Scoff But U.S. Shares Are Higher

via: SeekingAlpha at 2018-12-24 08:15:42:000

Overview: It is not the eggnog or rum balls giving traders indigestion on Christmas Eve, but disruptive impulses from the US. Treasury Secretary Mnuchin tried to put to rest reports that President Trump wants to fire Federal Reserve Chair Powell. Mnuchin indicated that the President recogn… read more...

Mnuchin Double Checks, Some Scoff But U.S. Shares Are Higher

via: SeekingAlpha at 2018-12-24 08:15:42:000

Overview: It is not the eggnog or rum balls giving traders indigestion on Christmas Eve, but disruptive impulses from the US. Treasury Secretary Mnuchin tried to put to rest reports that President Trump wants to fire Federal Reserve Chair Powell. Mnuchin indicated that the President recogn… read more...

Mnuchin Double Checks, Some Scoff But U.S. Shares Are Higher

via: SeekingAlpha at 2018-12-24 08:15:42:000

Overview: It is not the eggnog or rum balls giving traders indigestion on Christmas Eve, but disruptive impulses from the US. Treasury Secretary Mnuchin tried to put to rest reports that President Trump wants to fire Federal Reserve Chair Powell. Mnuchin indicated that the President recogn… read more...

2019: The Last Year For The Millennial To Be A Teenager

via: SeekingAlpha at 2018-12-24 06:00:06:000

The year may be drawing to a close, but it is not clear that Annus Horribilis for investors will end. The projection of the 2017 synchronized growth upturn into 2018 hit the shoals of the business cycle. The fiscal stimulus gave the US an adrenaline rush, lifting growth to an average annualize… read more...

2019: The Last Year For The Millennial To Be A Teenager

via: SeekingAlpha at 2018-12-24 06:00:06:000

The year may be drawing to a close, but it is not clear that Annus Horribilis for investors will end. The projection of the 2017 synchronized growth upturn into 2018 hit the shoals of the business cycle. The fiscal stimulus gave the US an adrenaline rush, lifting growth to an average annualize… read more...

2019: The Last Year For The Millennial To Be A Teenager

via: SeekingAlpha at 2018-12-24 06:00:06:000

The year may be drawing to a close, but it is not clear that Annus Horribilis for investors will end. The projection of the 2017 synchronized growth upturn into 2018 hit the shoals of the business cycle. The fiscal stimulus gave the US an adrenaline rush, lifting growth to an average annualize… read more...

2019: The Last Year For The Millennial To Be A Teenager

via: SeekingAlpha at 2018-12-24 06:00:06:000

The year may be drawing to a close, but it is not clear that Annus Horribilis for investors will end. The projection of the 2017 synchronized growth upturn into 2018 hit the shoals of the business cycle. The fiscal stimulus gave the US an adrenaline rush, lifting growth to an average annualize… read more...

Markets Stumble Into The Weekend

via: SeekingAlpha at 2018-12-21 08:21:27:000

Overview: There is little reprieve from the equity meltdown ahead of the weekend. Major markets in the Asia-Pacific region, including Japan, China, India, and Australia pushed lower. The MSCI index of the region is near 15-month lows. The Dow Jones Stoxx 600 is off about 0.6% near midday i… read more...

Markets Stumble Into The Weekend

via: SeekingAlpha at 2018-12-21 08:21:27:000

Overview: There is little reprieve from the equity meltdown ahead of the weekend. Major markets in the Asia-Pacific region, including Japan, China, India, and Australia pushed lower. The MSCI index of the region is near 15-month lows. The Dow Jones Stoxx 600 is off about 0.6% near midday i… read more...

Markets Stumble Into The Weekend

via: SeekingAlpha at 2018-12-21 08:21:27:000

Overview: There is little reprieve from the equity meltdown ahead of the weekend. Major markets in the Asia-Pacific region, including Japan, China, India, and Australia pushed lower. The MSCI index of the region is near 15-month lows. The Dow Jones Stoxx 600 is off about 0.6% near midday i… read more...

Stocks Slump And The Dollar Slides As Market Concludes Fed Is Mistaken

via: SeekingAlpha at 2018-12-20 07:13:19:000

Overview: Once again the US equity market failed to hold on to even minimal upticks. The sharply lower close spurred follow-through selling in global equities. Few have been spared the wrath of investors who apparently were disappointed with the Fed and its reluctance to consider stopping th… read more...

All About The Fed And The Discussions Go On

via: SeekingAlpha at 2018-12-20 00:39:50:000

By Stephen Innes Markets The S&P 500 tumbled as the Fed goes whistling past the grave triggering a swath of asset rotation out of equity markets and into US bonds. At the time of writing the S&P 500 fell -1.5 % while US bond yields fell to critical support level 2.75%. But inde… read more...

The Fed's Paws May Still Unsettle Investors

via: SeekingAlpha at 2018-12-19 07:57:55:000

Overview: The failure of the S&P 500 to sustain even modest upside momentum yesterday is keeping traders on edge today, though another attempt on the upside is likely. Asian equities were mixed, with Chinese and Japanese shares lower. The Nikkei closed below the 21000 support level. Euro… read more...

Still Looking For A Silver Lining, Will The Fed Surprise?

via: SeekingAlpha at 2018-12-19 01:27:47:000

By Stephen Innes Markets Risk tried hard to recover overnight but struggled in the absence of any positive headlines to drive market action, while investors continued to fret over China's president Xi on the tape saying that "no one can tell China what to do" and the country will stay … read more...

Markets Quiet To Start Fed Week

via: SeekingAlpha at 2018-12-17 07:01:05:000

Overview: Activity in the global capital markets is subdued as investors move to the sidelines as the year-end approaches. The Federal Reserve headlines the holiday week that also features a Bank of England and a Bank of Japan meeting. Only the Fed is expected to change rates. The dollar, wh… read more...

Markets Quiet To Start Fed Week

via: SeekingAlpha at 2018-12-17 07:01:05:000

Overview: Activity in the global capital markets is subdued as investors move to the sidelines as the year-end approaches. The Federal Reserve headlines the holiday week that also features a Bank of England and a Bank of Japan meeting. Only the Fed is expected to change rates. The dollar, wh… read more...

'Twas The Week Before Xmas And Markets Are Waiting For Bedlam To Break Out

via: SeekingAlpha at 2018-12-17 06:44:32:000

By Stephen Innes 'Twas the week before Xmas and markets are waiting for bedlam to break out. Old Blighty is in Brexit purgatory, while the Fed remains a multistory. President Trump will be accusatory, while China remains conciliatory. US economic data could prove to be transitory, but I'm … read more...

'Twas The Week Before Xmas And Markets Are Waiting For Bedlam To Break Out

via: SeekingAlpha at 2018-12-17 06:44:32:000

By Stephen Innes 'Twas the week before Xmas and markets are waiting for bedlam to break out. Old Blighty is in Brexit purgatory, while the Fed remains a multistory. President Trump will be accusatory, while China remains conciliatory. US economic data could prove to be transitory, but I'm … read more...

Dollar Benefits From Being Less Ugly

via: SeekingAlpha at 2018-12-16 10:57:37:000

The US dollar rose against all the major and most of the emerging market currencies last week. The Dollar Index made a new marginal high for the year. Although US jobs growth disappointed in November and the flash Markit PMI and manufacturing output was weaker than expected, poor data abroad h… read more...

Week Closing On A Disappointing Note

via: SeekingAlpha at 2018-12-14 08:31:15:000

Overview: A string of disappointing economic news is spurring risk-off sentiment today. Global shares prices are being punished and core bonds are being snapped up. The US dollar is trading higher against most major and emerging market currencies. The MSCI Asia Pacific Index was flat on the … read more...

Week Closing On A Disappointing Note

via: SeekingAlpha at 2018-12-14 08:31:15:000

Overview: A string of disappointing economic news is spurring risk-off sentiment today. Global shares prices are being punished and core bonds are being snapped up. The US dollar is trading higher against most major and emerging market currencies. The MSCI Asia Pacific Index was flat on the … read more...

Aussie Drops On China Data Miss

via: SeekingAlpha at 2018-12-14 01:04:52:000

By Andrew Robinson Factory output weakest in nearly three years China's industrial production slowed significantly in November, rising just 4.4% y/y, the slowest pace of growth since February 2016. The disappointment was not just confined to the manufacturing sector as retail sales also … read more...

Aussie Drops On China Data Miss

via: SeekingAlpha at 2018-12-14 01:04:52:000

By Andrew Robinson Factory output weakest in nearly three years China's industrial production slowed significantly in November, rising just 4.4% y/y, the slowest pace of growth since February 2016. The disappointment was not just confined to the manufacturing sector as retail sales also … read more...

Currency Outlook: U.S. Dollar Likely In A Holding Pattern Through Year-End

via: SeekingAlpha at 2018-12-13 13:17:49:000

By Ray Uy, Head of Macro Research and Currency Portfolio Management on Dec. 12, 2018, in Fixed Income Invesco Fixed Income shares its views on currencies around the world US dollar: Neutral. The dollar remains caught between moderating US fundamentals and global growth di… read more...

Pound Sterling Odds Of Parity Slashed

via: SeekingAlpha at 2018-12-13 07:10:43:000

By Dean Popplewell Thursday December 13: Five things the markets are talking about Euro equities have relinquished early gains while US futures and Asian stocks advanced as capital markets weigh up the latest progress in Sino- US trade relations. Sterling (1.2658) remains so… read more...

May Survives But It's Draghi's Day

via: SeekingAlpha at 2018-12-13 06:36:48:000

Overview: There is a sense of optimism among investors today that may be tested as the session progresses. News that China may reconsider its "Made in China 2025" initiative as an apparent concession to the US while reports suggest it has bought 1.5-2.0 mln tons of soy is easing trade tensio… read more...

Markets Calm On May Day

via: SeekingAlpha at 2018-12-12 07:41:56:000

Overview: The US S&P 500 failed to sustain the early upside momentum, but global equities are moving higher today, and there is some optimism on the trade front. Emerging market equities and currencies are also doing well today. Canada granted Meng Wanzhou bail shortly after a former C… read more...

Markets Are Waiting On A Letter

via: SeekingAlpha at 2018-12-12 02:33:45:000

By Stephen Innes A Canadian court has granted bail to the CFO of Huawei which should temper China's outcry (more on this below) Markets Risk sentiment tentatively stabilised overnight but by no means is the market out of the woods after another whippy trading session on Wall Stre… read more...

Speculators Pile Back Into Gold Futures

via: SeekingAlpha at 2018-12-12 01:10:15:000

The latest Commitment of Traders ((COT)) report, which was delayed due to the death of former president George H.W. Bush, indicated that (non-commercial) speculators grew more risk averse last week despite relatively good news on the trade front with China. As of last Tuesday (December 4th… read more...

Aussie Dollar: Set For More Downside Against The Greenback

via: SeekingAlpha at 2018-12-10 08:35:59:000

Last month, I put forward the argument that while the Aussie dollar has seen some gains against the greenback due to a higher-than-expected trade surplus, gains in the AUD/USD could moderate going forward. While the AUD/USD did rise to a high of 0.74, it has since reverted back to 0.72 at … read more...

Global Growth And Brexit Fears Dominate Proceedings

via: SeekingAlpha at 2018-12-10 07:55:07:000

Monday, December 10: Five things the markets are talking about **PM May Said To Cancel Planned Tuesday's Meaningful Vote In Parliament** more to follow Global equities remain under pressure, extending last week's losses amid a potential escalation between the world's two largest econom… read more...

Lack Of Closure Weighs On Sentiment

via: SeekingAlpha at 2018-12-10 07:12:49:000

Overview: Investor angst over trade tensions and Brexit continues to remain elevated, and poor Chinese and Japanese economic news played on global growth fears. Equities continue to slog lower. Bond yields are little changed, and the dollar is lower against most of the major currencies. Amon… read more...

Australia grabs LNG exporter crown from Qatar

via: SeekingAlpha at 2018-12-10 04:14:43:000

Australia took the worlds largest LNG exporter crown from Qatar for the first time in November, according to data from Refinitiv Eikon. More news on: The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, VelocityShares 3x Inverse Natural Gas ETN, Energy s… read more...

Equity Markets: The Bar Is High For A Sustained Bullish Pivot

via: SeekingAlpha at 2018-12-10 03:21:42:000

By Stephen Innes Brexit comes front and centre in the week ahead between the UK Parliament's Meaningful Vote, Tuesday, December 11, and the following EU Summit, December 13-14. Remember that 320 is the crucial threshold to get a deal over the line in Parliament, with the single biggest iss… read more...

Markets Looking For Terra Firma After Becoming Unhinged

via: SeekingAlpha at 2018-12-09 20:51:21:000

The softer than expected US jobs report sealed among the most challenging weeks since the first quarter of the year for investors. After rallying strongly in the last week of November, equities reversed course dramatically. The S&P 500 lost 4.6%, its biggest weekly drop since March, … read more...

A Couple More Events Before Seeing The End Of Difficult Week For Investors

via: SeekingAlpha at 2018-12-07 07:40:41:000

Overview: Global equities have stabilized after US equities recovered yesterday, with the NASDAQ 100 staging its biggest reversal in eight months and the S&P 500 recouping almost three percent to close 0.15% lower. Asia Pacific equities were mostly higher. Hong Kong shares, including t… read more...

A Couple More Events Before Seeing The End Of Difficult Week For Investors

via: SeekingAlpha at 2018-12-07 07:40:41:000

Overview: Global equities have stabilized after US equities recovered yesterday, with the NASDAQ 100 staging its biggest reversal in eight months and the S&P 500 recouping almost three percent to close 0.15% lower. Asia Pacific equities were mostly higher. Hong Kong shares, including t… read more...

A Couple More Events Before Seeing The End Of Difficult Week For Investors

via: SeekingAlpha at 2018-12-07 07:40:41:000

Overview: Global equities have stabilized after US equities recovered yesterday, with the NASDAQ 100 staging its biggest reversal in eight months and the S&P 500 recouping almost three percent to close 0.15% lower. Asia Pacific equities were mostly higher. Hong Kong shares, including t… read more...

New Spanner In U.S.-China Relations Weighs On Risk Appetites

via: SeekingAlpha at 2018-12-06 08:23:32:000

Overview: The global capital markets were fragile amid trade uncertainty and economic slowdown fears. News that Canada arrested the CFO of Huawei ostensibly for violating the embargo against Iran triggered an almost immediate risk-off wave that has extended the equity markets losses, sendi… read more...

U.S. Market Closure May Be A Firebreak

via: SeekingAlpha at 2018-12-05 08:06:14:000

Overview: The 3%+ drop in the S&P 500 yesterday kept global equities under pressure today, though losses in Asia and Europe were milder. In Asia, only Hong Kong and Taiwan benchmarks lost more than 1%. In Europe, the Dow Jones Stoxx 600 is off about 0.8% in late morning turnover. Altho… read more...

Investors Fret Over Inverse Yield Curves And Global Growth

via: SeekingAlpha at 2018-12-05 07:58:25:000

By Dean Popplewell Wednesday December 5: Five things the markets are talking about Euro and Asian equities fell overnight, following the stateside rout Tuesday, though declines were contained. Currently, US equity futures are a tad better bid after China pledged to start delivering on… read more...

Sterling Rises On Get Out Of Jail Card

via: SeekingAlpha at 2018-12-04 07:55:01:000

By Dean Popplewell Tuesday December 4: Five things the markets are talking about Stocks fell in Asia, are on the back foot in Europe, and looking to open in the red in North America as the market reins in its optimism over any breakthrough in the Sino- US trade war. US Treasury prices… read more...

Post G-20 Binary Trading Events Pretty Much As Scripted

via: SeekingAlpha at 2018-12-04 05:08:32:000

By Stephen Innes Markets Almost everything played out on a script with US equity markets' high-reaching ambitions led by the auto sector. And while the great dinner of the decade debate will likely rage on for the next 90 days, the bar remains high for a sweeping trade deal, but the mark… read more...

Asia-Pacific Calendar: The Week Ahead (December 3-9)

via: SeekingAlpha at 2018-12-03 10:02:38:000

Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the Asia-Pacific region in the week beginning December 3. Note : This material was originally published on IBKR Traders' Insight on November 29, 2018. The analysis in thi… read more...

G20 Fan Animal Spirits

via: SeekingAlpha at 2018-12-03 09:17:28:000

Overview The US and China kept their trade guns cocked at each other but offered the last opportunity for a negotiated settlement before escalation. What is billed as a 90-day freeze on tariff increases is really only 60 days beyond January 1 when Trump had threatened to increase the 10% t… read more...

Xi-Trump 'Dinner Date Of The Decade' Ended With A 'Handshakeplus'

via: SeekingAlpha at 2018-12-03 02:51:31:000

By Stephen Innes The markets were preparing for a day of binary market reaction upheaval as a trade war, geopolitical powder keg, and even oil markets' hedges could have been forced to unravel. So, with the immense weight of the global supply chain dynamic network on their shoulder, a ta… read more...

Dollar And Stocks Recover, Oil Not So Much

via: SeekingAlpha at 2018-12-02 12:05:31:000

With a firmer tone ahead of the weekend, the US dollar closed higher against all the major currencies but the Australian and New Zealand dollars. The pre-weekend gains were not enough against many emerging markets, and the greenback finished mixed. It seemed a fitting way to end the month that… read more...

Reluctant To Extend Dollar Losses

via: SeekingAlpha at 2018-11-29 07:28:41:000

Overview: The biggest US equity advance since Q1 has helped lift global markets today. The MSCI Asia Pacific Index rose for the fourth session, and nearly all the bourses in the region rallied with the notable exception of China and Hong Kong. Almost all the sectors in Europe are rallying … read more...

Reluctant To Extend Dollar Losses

via: SeekingAlpha at 2018-11-29 07:28:41:000

Overview: The biggest US equity advance since Q1 has helped lift global markets today. The MSCI Asia Pacific Index rose for the fourth session, and nearly all the bourses in the region rallied with the notable exception of China and Hong Kong. Almost all the sectors in Europe are rallying … read more...

Reluctant To Extend Dollar Losses

via: SeekingAlpha at 2018-11-29 07:28:41:000

Overview: The biggest US equity advance since Q1 has helped lift global markets today. The MSCI Asia Pacific Index rose for the fourth session, and nearly all the bourses in the region rallied with the notable exception of China and Hong Kong. Almost all the sectors in Europe are rallying … read more...

FOMC Minutes To Guide Asset Classes Next Move

via: SeekingAlpha at 2018-11-29 07:10:21:000

Thursday, November 29: Five things the markets are talking about Global equities have been better bid overnight after a surprisingly 'dovish' tone from Fed chairman Powell supported sentiment ahead of this weekend's G-20 meeting in Argentina. The 'big' dollar has slipped along with U.S Tre… read more...

FOMC Minutes To Guide Asset Classes Next Move

via: SeekingAlpha at 2018-11-29 07:10:21:000

Thursday, November 29: Five things the markets are talking about Global equities have been better bid overnight after a surprisingly 'dovish' tone from Fed chairman Powell supported sentiment ahead of this weekend's G-20 meeting in Argentina. The 'big' dollar has slipped along with U.S Tre… read more...

FOMC Minutes To Guide Asset Classes Next Move

via: SeekingAlpha at 2018-11-29 07:10:21:000

Thursday, November 29: Five things the markets are talking about Global equities have been better bid overnight after a surprisingly 'dovish' tone from Fed chairman Powell supported sentiment ahead of this weekend's G-20 meeting in Argentina. The 'big' dollar has slipped along with U.S Tre… read more...

Jay Powell's Dovish Holiday Surprise

via: SeekingAlpha at 2018-11-29 00:54:53:000

By Stephen Innes A dovish pivot The market sensitivity to Fedspeak was on full display overnight when Jay Powell's comments at the Economic Club of New York were latched as overtly dovish… *POWELL: NO PRESET POLICY PATH, RATES "JUST BELOW" NEUTRAL RANGE ... suggesting that a pause ... read more...

Jay Powell's Dovish Holiday Surprise

via: SeekingAlpha at 2018-11-29 00:54:53:000

By Stephen Innes A dovish pivot The market sensitivity to Fedspeak was on full display overnight when Jay Powell's comments at the Economic Club of New York were latched as overtly dovish… *POWELL: NO PRESET POLICY PATH, RATES "JUST BELOW" NEUTRAL RANGE ... suggesting that a pause ... read more...

Jay Powell's Dovish Holiday Surprise

via: SeekingAlpha at 2018-11-29 00:54:53:000

By Stephen Innes A dovish pivot The market sensitivity to Fedspeak was on full display overnight when Jay Powell's comments at the Economic Club of New York were latched as overtly dovish… *POWELL: NO PRESET POLICY PATH, RATES "JUST BELOW" NEUTRAL RANGE ... suggesting that a pause ... read more...

Commodities and currencies catch a bid on dovish Powell remarks

via: SeekingAlpha at 2018-11-28 12:23:45:000

Interest rates are "just below" neutral, says Fed Chair Jay Powell , a reversal in rhetoric from only weeks ago when he said the Fed Funds rate was a long way from neutral. More news on: The United States Oil ETF, LP, SPDR Gold Trust ETF, Invesco CurrencyShares Euro Trust ETF, Commodities… read more...

The Australian Dollar Has Been Checkmated By The Bears

via: SeekingAlpha at 2018-11-27 08:16:53:000

For the past two weeks, the Australian Dollar Index ( FXA , AUDS ) has been trading in a box range pattern that has left investors perplexed over the next course of action. However, I believe the currency will now be having a bearish breakout which will result in it falling to the range betwe… read more...

Market Shrugs Off Latest U.S. Tariff Provocation

via: SeekingAlpha at 2018-11-27 08:13:22:000

Overview: The global capital markets have taken the US latest tariff threats in stride. Most of the Asian equity markets advanced, including Japan, Korea, Taiwan, India, and Australia. China and Hong Kong were exceptions with marginal losses. European markets are trying to extend their recov… read more...

Sterling Falls On Brexit Vote Worries, Trump Weighs In

via: SeekingAlpha at 2018-11-27 07:50:25:000

By Dean Popplewell Tuesday November 27: Five things the markets are talking about US stock futures are lower; along with European shares while gains in Asian equities were capped overnight after President Trump's comments on further Chinese tariff hikes cast doubt on an ending to a tr… read more...

Italy To Change Budget Stance Lifts Risk Appetite

via: SeekingAlpha at 2018-11-26 08:02:50:000

By Dean Popplewell Monday November 26: Five things the markets are talking about Aside from the FAANG share liquidation to the tune of $1 Trillion in face value last week, capital markets have been grappling with the expected pace of the Fed rate hikes for 2019. A December Fed hike h… read more...

Buckling In For A Bumpy Week

via: SeekingAlpha at 2018-11-26 02:34:22:000

By Stephen Innes A crude warning Black Friday turned into a fire sale for oil prices, while EU manufacturing continues to flounder with export-orientated figures declining to a 30-month low, compounding the weak run of EU economic data. But it was the enormous drop in oil prices that t… read more...

Dollar: Range-Bound Or Trending?

via: SeekingAlpha at 2018-11-24 12:21:45:000

The US dollar had a good week, appreciating against all the major currencies but the Swiss franc, and most emerging market currencies, with a couple of notable exceptions, including the Turkish lira and the South African rand. However, the dollar's gains seemed to be more a function of negati… read more...

Dollar: Range-Bound Or Trending?

via: SeekingAlpha at 2018-11-24 12:21:45:000

The US dollar had a good week, appreciating against all the major currencies but the Swiss franc, and most emerging market currencies, with a couple of notable exceptions, including the Turkish lira and the South African rand. However, the dollar's gains seemed to be more a function of negati… read more...

Friday

via: SeekingAlpha at 2018-11-23 06:48:56:000

Overview The US dollar is firmer against most of the major currencies. The Japanese and Indian markets were closed for holidays, and a weaker-than-expected flash EMU PMI helped keep the euro pinned near this week's lows. Although the EU seemed to thrown the UK's embattled May a lifeline with… read more...

A Semblance Of Stability Returns

via: SeekingAlpha at 2018-11-21 22:31:19:000

Overview Yesterday's frenzy has burnt itself out for the moment. Equities began recovering in Asia after early losses. China, including Hong Kong, Singapore, and Thailand, closed higher and European markets are recouping some of yesterday's decline. The Dow Jones Stoxx is trying to snap a … read more...

Bitcoin Loses 30% In A Week

via: SeekingAlpha at 2018-11-20 07:55:20:000

By Dean Read more … read more...

Cheat Sheet

via: SeekingAlpha at 2018-11-20 01:10:30:000

A distillation of the macro backdrop and important price considerations for selected currencies. US Dollar The market always has taken the Fed's forecast for three rate hikes next year with a large dose of skepticism. The fed funds futures strip implies growing expectations that the … read more...

Price Action Is Swirling Around This Week's Key Drivers. Dovish Fed, Brexit And Trade War

via: SeekingAlpha at 2018-11-20 00:54:11:000

By Stephen Innes Markets Overnight price action is swirling around this week's key drivers: dovish Fed, Brexit and trade war. USDJPY remains lower and EURUSD higher following soft US housing data - all speaking again to the market's sensitivity to weaker US data given the Fed's dovish … read more...

Powell Drops Warning To Dollar Bulls

via: SeekingAlpha at 2018-11-19 11:22:07:000

I wrote in my previous article "C+ For Trump's Report Card, And Peak Dollar" that the Trump-reversal trade was on. Basically, by losing the majority in the House of Representatives in the recently concluded midterm elections, Trump and his Republican party would be unable to push through t… read more...

EUR/USD - Euro Unchanged As Investors Look For Clues

via: SeekingAlpha at 2018-11-19 08:11:53:000

By Kenny Fisher EUR/USD has started the week unchanged. In Monday's European session, the pair is trading at 1.1424, up 0.04% on the day. On the release front, there are no major events on the schedule. The eurozone's current surplus dropped sharply to EUR 16.9 billion, short of the foreca… read more...

Does Monday's Calm Mean A Storm Is Around The Corner?

via: SeekingAlpha at 2018-11-19 07:16:40:000

Overview: There is an uneasy calm in the global capital markets. Investors are digesting the weekend news, which includes the failure of APEC to issue a joint statement due to US-China tensions that we highlighted by dueling speeches by China President Xi and US Vice President Pence. There… read more...

The Fed Telegraphs Hesitancy, OPEC Supply Cut And A Cacophony Of Deafening U.S.-China Alarm Bells

via: SeekingAlpha at 2018-11-19 01:42:30:000

By Stephen Innes UK political drama will continue to rock and roil markets, while the emergence of a distinctly dovish tone from the Fed knocked the USD off its pedestal going into week's end. The week ahead will be cut short by the Thanksgiving holiday in the US. And while this adds up to… read more...

Dollar Correction To Continue

via: SeekingAlpha at 2018-11-18 11:44:03:000

Source: Adobe/bluedesign Sterling was the only major currency to have a worse week than the US dollar. Prime Minister May may have secured the wording for an agreement in principle with the EC and managed to get a majority of the cabinet to support it, but seems increasingly unlikel… read more...

Brexit Worries Dominate Market Moves

via: SeekingAlpha at 2018-11-16 08:55:15:000

By Dean Popplewell Friday November 16: Five things the markets are talking about Earlier this week UK PM Theresa May agreed a draft Brexit withdrawal agreement with Brussels. Her cabinet backed it on Wednesday - but there have since been resignations. Six government ministers, incl… read more...

Brexit Worries Dominate Market Moves

via: SeekingAlpha at 2018-11-16 08:55:15:000

By Dean Popplewell Friday November 16: Five things the markets are talking about Earlier this week UK PM Theresa May agreed a draft Brexit withdrawal agreement with Brussels. Her cabinet backed it on Wednesday - but there have since been resignations. Six government ministers, incl… read more...

The Dollar Is Flying High

via: SeekingAlpha at 2018-11-16 06:00:00:000

The U.S. dollar is the reserve currency of the world, which means that central banks and governments favor the U.S. currency when it comes to their foreign exchange reserve holdings. The dollar's long history of stability compared to other exchange instruments is the reason for its status arou… read more...

The Dollar Is Flying High

via: SeekingAlpha at 2018-11-16 06:00:00:000

The U.S. dollar is the reserve currency of the world, which means that central banks and governments favor the U.S. currency when it comes to their foreign exchange reserve holdings. The dollar's long history of stability compared to other exchange instruments is the reason for its status arou… read more...

Why The Australian Dollar May Continue To Appreciate Against The Japanese Yen

via: SeekingAlpha at 2018-11-15 12:07:32:000

In my previous article , Splendid Exchange provided an overview of 25 global currencies. Specifically, we looked at their valuations relative to one another and suggested five trading opportunities. In less than a week, all five trades hit their targets . One of the suggested trades was to g… read more...

Pound Plummets On Brexit Resignations

via: SeekingAlpha at 2018-11-15 09:53:19:000

By Dean Popplewell Thursday November 15: Five things the markets are talking about Earlier this morning UK Brexit Minister Dominic Raab resigned, a day after PM May's Cabinet agreed the wording of a post-Brexit trade deal between the UK and the EU. Raab said he could not support,… read more...

U.K. Political Drama Roils Sterling

via: SeekingAlpha at 2018-11-15 07:20:41:000

Source: blazepress.com/lucaslevitan Overview: The resignation of the UK's Brexit negotiator after Prime Minister May had secured support from a majority of the cabinet sent sterling sharply lower. Raab's resignation underscores the difficulty the Brexit agreement faces in the UK Parliam… read more...

Looking For The Elusive Silver Lining

via: SeekingAlpha at 2018-11-15 04:25:50:000

By Stephen Innes Markets U.S. stocks fell for a fifth straight day as investors remain bewildered by the political ping-pong match around Brexit. More questions about NAFTA 2 while trade jitter has everyone on edge as the doomy global economic growth narrative continues to take root. O… read more...

Sterling Braces For Wild Moves After Cabinet Meeting

via: SeekingAlpha at 2018-11-14 07:47:38:000

By Dean Popplewell Wednesday November 14: Five things the markets are talking about European stocks have started today's session deep in the 'red,' beating losses in Asia overnight and US futures, as the market considers the ongoing rout in oil market and a mixed bag of data on China'… read more...

Weak Turnaround Tuesday

via: SeekingAlpha at 2018-11-13 08:13:37:000

Source: Dan Avenell Overview: The US dollar has a heavier bias against most of the major and emerging markets currencies, but the pullback is shallow, and the greenback's underlying strength is still evident. Asian equities were mixed. Concern that Apple (AAPL) may be reducing order… read more...

AUD/USD: The Aussie Dollar Has Slipped Into Murky Waters

via: SeekingAlpha at 2018-11-12 07:03:03:000

In my last article , I was bearish on the Australian Dollar ( FXA , AUDS ), as I expected it to fall against the U.S. Dollar ( UUP ) till the 100% fibonacci support level at 0.7042. This came true as the Aussie Dollar on 26 th October breached the 0.7042 mark, which resulted in it having a … read more...

The Oil Market's Far-Reaching Implications

via: SeekingAlpha at 2018-11-12 01:13:24:000

By Stephen Innes Oil Markets OPEC meeting in Abu Dhabi WTI futures are up over 1.2% and Brent + 1% this morning. Saudi Arabia has stepped in front of the oil market bears, proactively announcing they will reduce supply by .5 million barrels per day in December. Khalid al-Falih told… read more...

Is The Australian Dollar Signaling A Resumption Of The U.S. Dollar's Advance?

via: SeekingAlpha at 2018-11-10 13:23:10:000

The US dollar strengthened following the midterm election and the Federal Reserve's signal that it intends to continue gradually hiking interest rate. The Antipodean currencies have been the strongest over the past month and the past week. The New Zealand dollar gained 1.6% to lead the major… read more...

Is The Australian Dollar Signaling A Resumption Of The U.S. Dollar's Advance?

via: SeekingAlpha at 2018-11-10 13:23:10:000

The US dollar strengthened following the midterm election and the Federal Reserve's signal that it intends to continue gradually hiking interest rate. The Antipodean currencies have been the strongest over the past month and the past week. The New Zealand dollar gained 1.6% to lead the major… read more...

Aussie Dollar: Gains May Moderate Going Forward

via: SeekingAlpha at 2018-11-08 10:48:42:000

When I wrote about the Aussie dollar last month, I termed the currency as being one to watch. My reason for stating this was: The AUD could be significantly oversold against the USD on a technical basis and could rise for this reason Interest rates are likely to move … read more...

Aussie Dollar: Gains May Moderate Going Forward

via: SeekingAlpha at 2018-11-08 10:48:42:000

When I wrote about the Aussie dollar last month, I termed the currency as being one to watch. My reason for stating this was: The AUD could be significantly oversold against the USD on a technical basis and could rise for this reason Interest rates are likely to move … read more...

Fed Next, EUR And GBP Struggle

via: SeekingAlpha at 2018-11-08 08:01:41:000

Thursday November 8: Five things the markets are talking about Equity euphoria continued in the overnight session as global stock markets extended their US midterm election rally, again supported by strong corporate earnings results. However, US futures suggest a softer open to the No… read more...

Fed Next, EUR And GBP Struggle

via: SeekingAlpha at 2018-11-08 08:01:41:000

Thursday November 8: Five things the markets are talking about Equity euphoria continued in the overnight session as global stock markets extended their US midterm election rally, again supported by strong corporate earnings results. However, US futures suggest a softer open to the No… read more...

C+ For Trump's Report Card, And Peak Dollar

via: SeekingAlpha at 2018-11-08 07:56:55:000

The Trump-reversal trade is on. The US mid-term elections were a chance for the people of the United States to express their satisfaction or dissatisfaction towards their president, and they promptly did, by grading Trump a plump "C+". The Republicans managed to extend their control over t… read more...

C+ For Trump's Report Card, And Peak Dollar

via: SeekingAlpha at 2018-11-08 07:56:55:000

The Trump-reversal trade is on. The US mid-term elections were a chance for the people of the United States to express their satisfaction or dissatisfaction towards their president, and they promptly did, by grading Trump a plump "C+". The Republicans managed to extend their control over t… read more...

Equities And Bonds Jump, While The Dollar Slumps

via: SeekingAlpha at 2018-11-07 08:04:28:000

Overview: The dollar has fallen against nearly every currency. It had been moving lower at the start of the week, but what seems like a correction broadened and deepened following the US midterm election, The outcome was largely in line with expectations for the Republicans to hold the S… read more...

U.S. Goes To The Polls

via: SeekingAlpha at 2018-11-06 08:46:20:000

Source: [public domain] Overview: The US dollar is narrowly mixed against the major currencies Tuesday, largely consolidating its recent losses. Equities are mixed. In Asia, Japan, Australia, and Hong Kong equities gained around 1%, while most other bourses were softer. In Europe, th… read more...

Risk Returns

via: SeekingAlpha at 2018-11-05 08:29:35:000

Overview: Cynicism over the prospects of a resolution to US-Chinese trade tensions and a break-through in UK-EC Brexit talks appears to be injecting a more cautious tone to the capital markets. The recovery in equities has stalled. The MSCI Asia Pacific benchmark halted a four-day rally… read more...

Currency Outlook: China May Intervene If Renminbi/U.S. Dollar Exchange Rate Reaches 7.0

via: SeekingAlpha at 2018-11-04 14:33:06:000

Posted by Ray Uy, Head of Macro Research and Currency Portfolio Management on Nov. 2, 2018, in Fixed Income US dollar: Neutral We believe the dollar is caught between two macro trends. On the one hand, US growth has positively diverged from the rest of the world, leading to i… read more...

Uneven Dollar Correction May Continue

via: SeekingAlpha at 2018-11-04 06:00:00:000

Source: Dreamstime.com The US dollar turned in a mixed performance last week. Favorable economic data and a recovery in equities helped the Antipodean currencies advance the most. The New Zealand dollar rallied nearly 2%, and the Australian dollar gained 1.5% on the week. Their central b… read more...

Midterm Elections' Effects On Currency Markets

via: SeekingAlpha at 2018-11-02 17:37:04:000

The U.S. midterm elections are around the corner, and I believe they will have a significant impact on the currency markets. I say that as since President Trump has come into office, politics has had a higher impact on the financial markets. Hence, in this article, I shall look at the most lik… read more...

Midterm Elections' Effects On Currency Markets

via: SeekingAlpha at 2018-11-02 17:37:04:000

The U.S. midterm elections are around the corner, and I believe they will have a significant impact on the currency markets. I say that as since President Trump has come into office, politics has had a higher impact on the financial markets. Hence, in this article, I shall look at the most lik… read more...

Greenback Is Unable To Recover Ahead Of Jobs Report

via: SeekingAlpha at 2018-11-02 07:12:24:000

Overview: The markets have taken an important step away from the edge. A major threat to investors has emanated from the US as the "America First" agenda meant trade tensions with nearly every country. Trump signaled yesterday of progress in talks with China, and today the press reports th… read more...

Greenback Is Unable To Recover Ahead Of Jobs Report

via: SeekingAlpha at 2018-11-02 07:12:24:000

Overview: The markets have taken an important step away from the edge. A major threat to investors has emanated from the US as the "America First" agenda meant trade tensions with nearly every country. Trump signaled yesterday of progress in talks with China, and today the press reports th… read more...

Brexit Breakthrough Hopes Lift Sterling

via: SeekingAlpha at 2018-11-01 08:12:05:000

By Dean Popplewell Thursday November 1: Five things the markets are talking about October was the worst month in six-years for global equities, and despite a 48-hour reprieve on the final two-day's of trading as investors balanced portfolios, November begins with regional bourses provi… read more...

Dollar Slumps To Start New Month

via: SeekingAlpha at 2018-11-01 07:11:47:000

Overview: It appears that month-end considerations deterred the dollar selling that the technical indicators warned was coming and as the new month starts, the dollar is offered. It is weaker against all the major currencies and most of the emerging market currencies. The two main developm… read more...

Q3 Equity Manager Report: The Froth Has Left The Market

via: SeekingAlpha at 2018-11-01 04:47:06:000

Does the stock market still have more to give? Geopolitical concerns are undeniable. Many equity market valuations appear to be expensive. Despite those truths, our manager research team has found that equity managers are generally bullish. 1 We've also seen some managers use the market pul… read more...

No Fright On This Halloween

via: SeekingAlpha at 2018-10-31 07:29:22:000

Source: Disney Overview: After sliding hard this month, equities continue to stabilize into month-end. All of the equity markets in Asia-Pacific rallied with the help of a solid close in the US. European bourses are higher too as the Dow Jones Stoxx 600 tries to extend the recovery f… read more...

U.S. Dollar Has Earned Its Stripes

via: SeekingAlpha at 2018-10-30 08:43:29:000

By Dean Popplewell Tuesday October 29: Five things the markets are talking about Euro equities are rallying for a second consecutive session, along with US futures as Asian indexes rebounded as the market turned its attention again to a number of corporate earnings and the prospects f… read more...

FX Weekly: What Can Change Powell's Mind Concerning The Fed Policy?

via: SeekingAlpha at 2018-10-30 02:47:08:000

MACRO NEWS Global: Last week was marked by a severe risk-off environment with equities trying to find a low as concerns over US-China trade war, low excess liquidity and global growth slowdown continue to frighten investors. According to Bloomberg, global stocks have lost nearly USD 8 t… read more...

China Slowing Is (Really) Bad News For Australia

via: SeekingAlpha at 2018-10-29 14:34:28:000

With a huge economy like Chinas slowing for nearly all of 2018, other countries were bound to feel the effects. Case in point: Australia. It has been one of the hardest hit as China has slowed especially in residential and business real estate. And if China contin… read more...

October 28, 2018: Forex Weekly - Relative Valuation And Trading Opportunities

via: SeekingAlpha at 2018-10-29 10:23:54:000

As you know, once in a while, Splendid Exchange looks at seven major currency pairs in search of the evidence of popular delusions and the madness of crowds . The idea is to find anomalies and bullish or bearish divergences that will break the trend, not prolong it. It is a painful exercise, … read more...

Market Awaits U.S. Leadership

via: SeekingAlpha at 2018-10-29 10:09:38:000

Overview: The capital markets appear to be waiting for US leadership for direction. The dollar is mostly slightly firmer against the major currencies, though the dollar bloc is firm. Emerging market currencies are mixed, though the high beta Turkish lira and South African rand are posting … read more...

Has A USD Correction Begun?

via: SeekingAlpha at 2018-10-28 05:40:29:000

The MSCI benchmark for developed and emerging market equities has fallen for the past five weeks. The dollar has done well over this period. Although it lost some momentum ahead of the weekend, the Dollar Index reached a two-month high at the end of the week, reflecting the two-month lows of … read more...

It Is Tough For Investors When The Weekend Is The Firebreak

via: SeekingAlpha at 2018-10-26 08:28:21:000

Overview Yesterday's bounce in U.S. equities may have been another bear trap as several tech favorites reported disappointing earnings after the close. Asian shares fell, with Hong Kong, Korea, and Singapore markets losing more than 1% today. The MSCI Asia Pacific Index is lower for th… read more...

It Is Tough For Investors When The Weekend Is The Firebreak

via: SeekingAlpha at 2018-10-26 08:28:21:000

Overview Yesterday's bounce in U.S. equities may have been another bear trap as several tech favorites reported disappointing earnings after the close. Asian shares fell, with Hong Kong, Korea, and Singapore markets losing more than 1% today. The MSCI Asia Pacific Index is lower for th… read more...

ECB Overshadowed By Equity-Market Drama

via: SeekingAlpha at 2018-10-25 07:01:34:000

Overview: The dramatic sell-off in equities took center stage after the S&P 500 lost 3% and the NASDAQ shed 4% Wednesday. Stocks in Asia-Pacific followed suit, with the Nikkei's 3.75% drop setting the pace. Of note, the Shanghai Composite was essentially flat. European bourses are st… read more...

Macro Cheat Sheet

via: SeekingAlpha at 2018-10-24 21:36:23:000

A high-level distillation of the macro forces impacting various currencies. US Dollar Equity market volatility has not reached levels that will spur the Fed's concern. No one expected a hike at next month's meeting. The December meeting is too far away for short-term volati… read more...

Stock Slump Pushes Yields Lower And Buoys Yen

via: SeekingAlpha at 2018-10-23 07:05:19:000

Overview There is one main story today, and that is the resumption of the slide in equities. It is having a ripple effect through the capital markets. Bond yields are tumbling. Gold is firm. The dollar is narrowly mixed, though the yen stands out with almost a 0.5% gain. Most of the la… read more...

Stock Slump Pushes Yields Lower And Buoys Yen

via: SeekingAlpha at 2018-10-23 07:05:19:000

Overview There is one main story today, and that is the resumption of the slide in equities. It is having a ripple effect through the capital markets. Bond yields are tumbling. Gold is firm. The dollar is narrowly mixed, though the yen stands out with almost a 0.5% gain. Most of the la… read more...

Our October Guide To Global Central Banks

via: SeekingAlpha at 2018-10-23 05:30:25:000

By Carsten Brzeski, Chief Economist ING Germany ; Charlotte de Montpellier, Economist, Switzerland ; James Knightley, Chief International Economist ; James Smith, Developed Markets Economist ; Jonas Goltermann, Developed Market Economist ; Robert Carnell, Chief Eco… read more...

Our October Guide To Global Central Banks

via: SeekingAlpha at 2018-10-23 05:30:25:000

By Carsten Brzeski, Chief Economist ING Germany ; Charlotte de Montpellier, Economist, Switzerland ; James Knightley, Chief International Economist ; James Smith, Developed Markets Economist ; Jonas Goltermann, Developed Market Economist ; Robert Carnell, Chief Eco… read more...

Markets Remain Shrouded In A Thick Blanket Of Risk

via: SeekingAlpha at 2018-10-23 00:31:22:000

By Stephen Innes The USD outperformed on Monday on the back of Italy and Brexit risk while the mere utterance of a protracted equity correction remains a highly sensitive topic that investors fear could morph from a wall of worry into a towering wall of pain. Risk aversion continues to p… read more...

Markets Remain Shrouded In A Thick Blanket Of Risk

via: SeekingAlpha at 2018-10-23 00:31:22:000

By Stephen Innes The USD outperformed on Monday on the back of Italy and Brexit risk while the mere utterance of a protracted equity correction remains a highly sensitive topic that investors fear could morph from a wall of worry into a towering wall of pain. Risk aversion continues to p… read more...

A Nervous Beginning To The Start Of The Week

via: SeekingAlpha at 2018-10-22 09:40:07:000

By Dean Popplewell Monday October 22: Five things the markets are talking about Global equities remain better supported this Monday morning after Chinese stocks surged overnight on senior officials' verbal intervention. The 'mighty' US dollar has eased a tad along with treasuries, whi… read more...

Collective Sigh Of Relief?

via: SeekingAlpha at 2018-10-22 07:30:09:000

Overview: Chinese stocks extended the pre-weekend recovery, with the major indices up 4%+, the biggest advance in three years. Most markets in the region rose, and the MSCI Asia-Pacific Index has a good start to snap the four-week drop. European shares are also higher, and the Dow Jones … read more...

Desperately Seeking Stability

via: SeekingAlpha at 2018-10-21 10:38:30:000

By Stephen Innes From sandstorms in Riyadh to headwinds in Rome, escalating risk has effectively capped the recent swell in US Treasury yields, while the combination of Federal Reserve policy tightening and increasing debt supply should keep the trapdoor from giving way. But nonetheless, m… read more...

Does The Dollar Have Legs?

via: SeekingAlpha at 2018-10-20 09:31:24:000

The US dollar appreciated against most of the major currencies last week while several of the typically volatile emerging market currencies, like the Turkish lira, South African rand, and Brazilian real appreciated. The US President's criticism of the Federal Reserve, shared by many noted ec… read more...

Pick Your Poison

via: SeekingAlpha at 2018-10-19 08:19:22:000

Friday October 19: Five things the markets are talking about Global concerns about rising yields, a deteriorating economic outlook and rising geopolitical tensions has capital markets closing out this volatile week on the back foot. China's slowing economic growth, Brexit and tensions be… read more...

The Australian Dollar Is Set To Lose In This Scenario

via: SeekingAlpha at 2018-10-18 21:38:14:000

From June 2018, the Australian Dollar ( FXA , AUDS ) has been in a downward spiral against the U.S. Dollar ( UUP ), which has resulted in it falling by 8.32%. However, I believe the Australian Dollar shall now be tumbling further, which will result in it reaching the 0.7034 mark. Thus, to est… read more...

Asia Market Update: A Busy Session Is Unfolding

via: SeekingAlpha at 2018-10-18 18:00:00:000

By Stephen Innes The Yuan USD bullish sentiment post FOMC minutes outweighs Treasury FX Report. The CNH playbook remains intact and should not provide any is a significant short-term relief for local EM currencies. High US bond yields and a rebounding US dollar continue to pose substanti… read more...

China's Angst Stays Local

via: SeekingAlpha at 2018-10-18 06:52:44:000

Overview: Asian equities were lower, led by a nearly 3% drop in Shanghai, while European shares shrugged it off and the Dow Jones Stoxx 600 is up about 0.4% in late-morning turnover. The S&P 500 is off by about 0.25%. Global bond yields were dragged higher by US Treasuries where the … read more...

Semblance Of Stability Returns

via: SeekingAlpha at 2018-10-16 13:00:29:000

Overview: Although the S&P 500 was unable to sustain early gains yesterday, the largely consolidative session was part of the stabilization of equities after last week's jump in volatility. Asia and European stocks are also cautiously steadying. Most Asia equity markets advanced wit… read more...

Semblance Of Stability Returns

via: SeekingAlpha at 2018-10-16 13:00:29:000

Overview: Although the S&P 500 was unable to sustain early gains yesterday, the largely consolidative session was part of the stabilization of equities after last week's jump in volatility. Asia and European stocks are also cautiously steadying. Most Asia equity markets advanced wit… read more...

The Buck Cannot Find A Bid

via: SeekingAlpha at 2018-10-16 08:08:12:000

By Dean Popplewell Tuesday October 16: Five things the markets are talking about The 'big' dollar came under pressure yesterday and is finding it difficult to gain much traction this morning as investors taking profit on US assets outweighs concerns about Italy, Brexit and a Sino- US … read more...

The Buck Cannot Find A Bid

via: SeekingAlpha at 2018-10-16 08:08:12:000

By Dean Popplewell Tuesday October 16: Five things the markets are talking about The 'big' dollar came under pressure yesterday and is finding it difficult to gain much traction this morning as investors taking profit on US assets outweighs concerns about Italy, Brexit and a Sino- US … read more...

Macro Cheat Sheet

via: SeekingAlpha at 2018-10-15 16:12:57:000

Key considerations and price for selected currencies distilled into four bullet points US Dollar The dollar's recovery ahead of the weekend was aided by the stabilization of the stock market, where the S&P 500 managed to close back above the psychologically important 200-day movi… read more...

AUD Net Short Positioning Near 10-Year Highs

via: SeekingAlpha at 2018-10-15 12:41:42:000

The AUD ( FXA ) has been felled by a barrage of negative catalysts in 2018. In this year alone, the AUD/USD has fallen a good 12% already from highs of 0.8130 to current levels of 0.7120. AUDUSD Weekly Chart The AUD just does not seem to be able to catch a break. For starters, rapidly … read more...

Monday Blues

via: SeekingAlpha at 2018-10-15 08:30:55:000

Overview: Despite the pre-weekend gains that lifted the S&P 500 above its 200-day moving average, global equities are moving lower today. The main news over the weekend included the US renewing its threat to impose more tariffs on China and Saudi Arabia threatening retaliation for any sa… read more...

Geopolitical Risks And Yields Dominate Proceedings

via: SeekingAlpha at 2018-10-15 07:50:35:000

By Dean Popplewell Monday October 15: Five things the markets are talking about Following a weekend of warnings on global economic fragility from G10 finance leaders at an IMF meeting in Bali, has global equities starting this new week on the back foot, with regional bourses in Asia an… read more...

Constructive Price Action Leads Technicals

via: SeekingAlpha at 2018-10-14 07:07:09:000

Turmoil in the equity market helped spur the technical pullback in the dollar we anticipated. The greenback finished the week on a firm note as equities stabilized. The technical indicators, which signaled the likely correction, have not turned in the dollar's favor, but the price action its… read more...

Market Fever Is Burning Itself Out Ahead Of The Weekend

via: SeekingAlpha at 2018-10-12 07:46:19:000

Overview: Equity markets are stabilizing today as Asian and European markets shrug off the failure to get traction in the US yesterday. As everything and nothing was behind the dramatic sell-off in recent days, the same could be said about today's recovery. Most accounts seem to be emphasizi… read more...

Market Fever Is Burning Itself Out Ahead Of The Weekend

via: SeekingAlpha at 2018-10-12 07:46:19:000

Overview: Equity markets are stabilizing today as Asian and European markets shrug off the failure to get traction in the US yesterday. As everything and nothing was behind the dramatic sell-off in recent days, the same could be said about today's recovery. Most accounts seem to be emphasizi… read more...

Macro Cheat Sheet

via: SeekingAlpha at 2018-10-10 23:52:33:000

Here is a succinct four-bullet summary of key considerations behind seven currencies: USD: Rising US rates in absolute terms and relative to other countries, coupled with the policy-mix and US tax reform are the main drivers. The market has nearly completely discounted three mor… read more...

U.S. Dollar Pullback May Continue In North America

via: SeekingAlpha at 2018-10-10 08:20:35:000

Overview: As seems to often be the case a countertrend move began in the foreign exchange market Tuesday and continued into Asia today. In the current context, this meant a dollar pullback. Although move seemed to falter early European activity, we expect the dollar to move modestly lowe… read more...

Dollar Gains Pause, But Probably Not For Long

via: SeekingAlpha at 2018-10-10 08:15:49:000

By Dean Popplewell Wednesday October 10: Five things the markets are talking about US treasury yields are largely stable, after declining from their seven-year high print yesterday. Euro equities are on the back foot after Asia stocks managed to break a multi losing session. Else… read more...

A Potholed Encumbered Landscape

via: SeekingAlpha at 2018-10-10 03:22:05:000

By Stephen Innes Market sentiment: risky business US politics is back in forefront Tuesday, adding more spice and another air of unpredictability to the mix as markets continued their tenuous voyage through a potholed encumbered landscape, dealing with the fragile US-China relations bo… read more...

Will The Bond Market Bloodbath Resume?

via: SeekingAlpha at 2018-10-09 08:01:15:000

By Dean Popplewell Tuesday October 9: five things the markets are talking about The first day back in a holiday-shortened trading week again sees US Treasury yields creeping higher, trading atop of their seven-year high yields. This aggressive backing up of sovereign yields this month… read more...

A (Short) Reprieve For China While The Dollar Stays Firm

via: SeekingAlpha at 2018-10-09 07:02:07:000

Overview: The small gains in China's Shanghai Composite and the yuan is helping sentiment today. News that Italy's budget watchdog may reject the government's fiscal plans has helped stabilize Italian assets initially, but renewed pressure quickly materialized. Most Asian equities retre… read more...

Interactive Brokers - Asia-Pacific Calendar: The Week Ahead

via: SeekingAlpha at 2018-10-08 10:08:07:000

Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the Asia-Pacific region in the week beginning October 8. Note : This material was originally published on IBKR Traders' Insight on October 5, 2018. The analysis in this… read more...

Aussie Dollar: One To Watch

via: SeekingAlpha at 2018-10-08 09:04:03:000

Back in June , I made the argument that I was overly optimistic on the prospects of the Aussie dollar, and that the currency is set to continue falling against the U.S. dollar. Indeed, this is exactly what happened, with the currency falling against the USD to a level of 0.7047 at the time … read more...

The United States - The One And Only Master Of The (Investment) Universe Might Be Heading Towards A Pyrrhic Victory

via: SeekingAlpha at 2018-10-08 08:25:11:000

Background Everywhere you look (everywhere you look) There's a heart (there's a heart) A hand to hold on to Everywhere you look (everywhere you look) There's a face (There's a face) Of somebody who needs you Everywhere you look (everywhere you look) When you lost out there and you'r… read more...

China And European Woes Weigh On Equities But Buoy The Dollar

via: SeekingAlpha at 2018-10-08 07:20:57:000

Overview: The markets are having a rough adjustment to the return of the Chinese markets and the week-long holiday. The cut in the required reserves failed to lift investor sentiment. The Shanghai and Shenzhen Composites fell almost 4%, and the yuan slid nearly 0.8%. It is an unusually large… read more...

Markets Yield To Pressure?

via: SeekingAlpha at 2018-10-08 06:28:48:000

By Stephen Innes Not so far today as the markets have opened predictably quiet with Tokyo and New York celebrating their holidays. USDCNH is trading unpretentiously higher but the USD, in general, remain little-changed post-NFP. Strength in labour markets and with wage growth picking up, i… read more...

More Yielding To Yields Next Week?

via: SeekingAlpha at 2018-10-06 10:30:29:000

By Stephen Innes What a barn burner of a week!! Fixed income took centre stage, but the lingering odour from risk aversion and choppy intraday moves will continue to challenge traders at every twist and turn. With US yields remaining at multi-year highs and breakneck price action trigger… read more...

More Yielding To Yields Next Week?

via: SeekingAlpha at 2018-10-06 10:30:29:000

By Stephen Innes What a barn burner of a week!! Fixed income took centre stage, but the lingering odour from risk aversion and choppy intraday moves will continue to challenge traders at every twist and turn. With US yields remaining at multi-year highs and breakneck price action trigger… read more...

Beware: Dollar's Technical Condition Is Stretched, Lookout For Reversals

via: SeekingAlpha at 2018-10-06 08:56:55:000

The US dollar advanced against most of the major currencies last week, with Brexit hopes on the upswing helping sterling, the only major currency to resist the pressure. If players were looking for an excuse to sell the dollar, the disappointing September jobs growth could have been it, but … read more...

Beware: Dollar's Technical Condition Is Stretched, Lookout For Reversals

via: SeekingAlpha at 2018-10-06 08:56:55:000

The US dollar advanced against most of the major currencies last week, with Brexit hopes on the upswing helping sterling, the only major currency to resist the pressure. If players were looking for an excuse to sell the dollar, the disappointing September jobs growth could have been it, but … read more...

Week Ahead - Dollar Slows Down After U.S. Jobs Miss

via: SeekingAlpha at 2018-10-06 08:09:51:000

The US dollar was mixed Friday. The greenback advanced against the commodity currencies (CAD, AUD, and NZD) edging higher against the CHF, but was lower against the JPY and the EUR. The GBP deserves a special mention as positive Brexit rumors pushed it 0.61 percent higher against the USD. The … read more...

Week Ahead - Dollar Slows Down After U.S. Jobs Miss

via: SeekingAlpha at 2018-10-06 08:09:51:000

The US dollar was mixed Friday. The greenback advanced against the commodity currencies (CAD, AUD, and NZD) edging higher against the CHF, but was lower against the JPY and the EUR. The GBP deserves a special mention as positive Brexit rumors pushed it 0.61 percent higher against the USD. The … read more...

NFP - What To Expect

via: SeekingAlpha at 2018-10-05 08:42:35:000

By Dean Popplewell Friday October 5: Five things the market is talking about The granddaddy of economic indicators - US non-farm payrolls ((NFP)) for September - will be released later this morning (8:30 am EDT) along with the Canadian jobs report. Today's US number is 'big,' espe… read more...

U.S. Jobs Data Will Test Dollar Bulls And Bond Bears

via: SeekingAlpha at 2018-10-05 06:52:55:000

Overview The US dollar is firmer against most of the major and emerging market currencies. The yen and sterling are resisting the pressure, while the South African rand and Russian rouble are paring some of this week's declines. US equity losses yesterday weighed on Asian and Europea… read more...

Dollar Consolidates Gains While Yields Continue To Rise

via: SeekingAlpha at 2018-10-04 09:14:00:000

Overview: The US dollar is consolidating yesterday's gains against most of the major currencies, though the dollar bloc is underperforming. Bond yields are moving higher, and equities are lower. With a light data and events stream, the price action itself is the news. US yields: The ma… read more...

Euro, Sterling And Yen Stabilize, While Antipodean Currencies Extend Losses

via: SeekingAlpha at 2018-10-03 08:03:05:000

Overview: The US dollar is narrowly mixed against the major currencies. The dollar-bloc currencies are softer, with the Australian and New Zealand dollars pushed lower by poor data. The euro is posting corrective upticks after the $1.15 area held yesterday, and Italy may cut the budget defic… read more...

Italy: Risk On, Risk Off?

via: SeekingAlpha at 2018-10-03 07:57:02:000

By Dean Popplewell Wednesday October 3: Five things the markets are talking about European markets have so far shrugged off losses in Asia to post gains this morning amid hopes that Italy's budget deficit could be lowered, but concerns about the country's debt and budget plans remain. … read more...

Greenback Advances

via: SeekingAlpha at 2018-10-02 15:25:10:000

Overview: The US dollar is rising against most of the major and emerging market currencies. The Swiss franc and the Japanese yen are the exceptions and are holding their own. Global equities are mixed. Asia, excluding Japan, was mostly lower, with 1.2% losses in Taiwan and South Korea a… read more...

Risk Sentiment Is Shifting And Headline-Driven

via: SeekingAlpha at 2018-10-02 08:25:03:000

Tuesday Oct. 2: Five things the markets are talking about Capital markets are in a somber mood as a number of reasons for caution come to the fore. Brexit rhetoric and the Italian government's fiscal plans top the agenda, followed closely by trade deals and tariffs and political drama in… read more...

A Word About The Q2 COFER Report

via: SeekingAlpha at 2018-10-01 12:53:15:000

The IMF reports the most authoritative currency allocation of global reserves at the end of every quarter with a quarter delay. Invariably, an economist, strategist, or journalist is inspired to write why some data nugget confirms the demise of the dollar as the dominant currency. Given the … read more...

New NAFTA Supports Loonie

via: SeekingAlpha at 2018-10-01 08:04:05:000

By Dean Popplewell Monday October 1: Five things the markets are talking about Canada's loonie, the Mexican peso, along with North American stock futures have gained overnight after the US and Canada confirmed a deal to save the 'old' NAFTA, now named USMCA - United States, Mexico, C… read more...

Drivers: The Week Ahead

via: SeekingAlpha at 2018-09-30 11:08:46:000

Four events stand out in the first week of October: the situation in Italy, UK Prime Minister May's speech at the Tory Party Conference, the EMU PMI, and the US jobs data. We suspect that the market overreacted to the Italian government's 2.4% deficit projection. It is not an unreasonable ou… read more...

Fed And Italy Lift Dollar Tone

via: SeekingAlpha at 2018-09-29 15:07:23:000

Overview: We had anticipated that the dollar's downside correction against the European currencies was over or nearly so and looked for the dollar to find better traction. The Dollar Index held above the previous week's low. The euro's high for the week was recorded on Monday near $1.1815. … read more...

An Incredible End To Q3 Could Be An Even Bumpier Ride In Q4

via: SeekingAlpha at 2018-09-29 13:44:07:000

By Stephen Innes Well, that was an astonishing end to Q3 as we herald in what is certainly shaping up to be a bumpy ride in the markets for Q4. The eerily familiar themes will continue to dominate - US-China trade, NAFTA, Brexit and Italian budget - and will confront traders at every twist… read more...

Look To Fed's Powell For Help

via: SeekingAlpha at 2018-09-26 08:33:14:000

By Dean Popplewell Wednesday September 26: Five things the markets are talking about Global stocks are trading mixed ahead of today's FOMC rate decision, with Asian shares closing out higher, while Euro bourses are a tad down as Italy's budget talks continue to be a source of concern. … read more...

Look To Fed's Powell For Help

via: SeekingAlpha at 2018-09-26 08:33:14:000

By Dean Popplewell Wednesday September 26: Five things the markets are talking about Global stocks are trading mixed ahead of today's FOMC rate decision, with Asian shares closing out higher, while Euro bourses are a tad down as Italy's budget talks continue to be a source of concern. … read more...

Look To Fed's Powell For Help

via: SeekingAlpha at 2018-09-26 08:33:14:000

By Dean Popplewell Wednesday September 26: Five things the markets are talking about Global stocks are trading mixed ahead of today's FOMC rate decision, with Asian shares closing out higher, while Euro bourses are a tad down as Italy's budget talks continue to be a source of concern. … read more...

If In Doubt, Look To The Fed For Direction

via: SeekingAlpha at 2018-09-25 08:37:03:000

By Dean Popplewell Tuesday September 25: Five things the markets are talking about It's a return to the drawing board for many investors who are now back online beginning their holiday shortened Asian trading week. Euro equities are trading mixed following a "get back to basics" Asia… read more...

Greenback Remains At The Fulcrum

via: SeekingAlpha at 2018-09-25 07:19:07:000

Overview The major currencies are mixed in quiet turnover. Most of the European currencies are firmer, while the dollar bloc currencies, yen and Swiss franc are softer. Emerging market currencies are steady to higher, though there are a few exceptions in Asia, where the Indonesian rupiah and… read more...

Mixed Start To Busy Week

via: SeekingAlpha at 2018-09-24 09:10:45:000

Market Overview: Holidays in Japan, China, South Korea, and Taiwan made for a slow start to the last week of Q3 18. The US dollar is mixed, gaining against the dollar-bloc currencies, yen and Swiss franc, slipping against the European complex. With China formally canceling trade talks with… read more...

Fed And Trade Threats To Drive Markets

via: SeekingAlpha at 2018-09-24 08:47:24:000

By Dean Popplewell Monday September 24: Five things the markets are talking about Global equities are under pressure as China called off planned trade talks with U.S, potentially triggering an escalation in the tariff war between the world's largest economies. Note: US' tariffs on +… read more...

Greenback's Downside Correction Is Over, Or Nearly So

via: SeekingAlpha at 2018-09-23 05:56:48:000

The US dollar fell against most of the major currencies last week, with the notable exception of the Japanese yen. The greenback has trended higher against the yen, bolstered by the rise in US rates and equity market gains, including last week's 2.2% rally in the battered MSCI Emerging Marke… read more...

Central Banks Up The Ante To Normalize Interest Rates

via: SeekingAlpha at 2018-09-21 07:56:35:000

By Dean Popplewell Friday September 21: Five things the markets are talking about Aside from trade, tariff and retaliation, central banks are upping the ante to "normalize" interest rates. This week, Norway's Norges Bank has joined the BoE, and the central banks of the Czech Republic… read more...

Central Banks Up The Ante To Normalize Interest Rates

via: SeekingAlpha at 2018-09-21 07:56:35:000

By Dean Popplewell Friday September 21: Five things the markets are talking about Aside from trade, tariff and retaliation, central banks are upping the ante to "normalize" interest rates. This week, Norway's Norges Bank has joined the BoE, and the central banks of the Czech Republic… read more...

Portfolio Rebalancing And The Dollar

via: SeekingAlpha at 2018-09-20 13:56:44:000

Boosted by tax reform, deregulation, and strong earnings growth, US equities have motored ahead, leaving other benchmarks far behind. As the Great Graphic here shows, most of the other benchmarks are lower on the year. The S&P 500 (yellow line) is up 8.8% for the year before the new re… read more...

U.S. Safe Haven Appeal Diminishes

via: SeekingAlpha at 2018-09-20 08:01:16:000

By Dean Popplewell Thursday September 20: Five things the markets are talking about It's not been easy, two and two do not add up when trading these Twitter directional asset classes. Fundamentals have been temporary ignored as the 'lemming' trades takes a grip. Fading market fears o… read more...

Movement But Little Change

via: SeekingAlpha at 2018-09-20 07:54:43:000

Norges Bank: As widely expected, Norway hiked rate for the first time since 2011. Paradoxically, it was seen as a dovish hike. The rate path was lower than many expected. The next hike is seen in Q1 2019. The krone was sold, and it is the only major currency that is not gaining against the U… read more...

The Morning After

via: SeekingAlpha at 2018-09-19 00:15:26:000

By Stephen Innes The US equity market has wholly shrugged off yesterday's back and forth on US-China trade, as the robust US economy continues to sway investors. However, when we look back at the 2018 stock market run, a lot of ink will be spilt about the benefits of US repatriation flows … read more...

Where To Hide? That's The Next Million-Dollar Question

via: SeekingAlpha at 2018-09-18 07:52:16:000

By Dean Popplewell Tuesday September 18: Five things the markets are talking about It was coming, the market new it was coming, just when, and how much, were the unknown variables. President Trump has imposed an additional +10% tariffs on about +$200B worth of imports from China, ris… read more...

Seeing The Forest For The Trees

via: SeekingAlpha at 2018-09-18 01:24:54:000

By Stephen Innes With trade war dominating the landscape, even more so after this morning's US tariff headline, it's easy to focus on markets from a one-dimensional perspective. But cross-asset trading is multidimensional and observing the more granular details can offer much-needed clarit… read more...

No Tariffs, Now Tariffs, What Gives?

via: SeekingAlpha at 2018-09-17 08:10:51:000

By Dean Popplewell Monday September 17: Five things the markets are talking about The possibility of a new round on tariffs on Chinese goods is not helping equity markets this Monday morning. The 'big' dollar is holding onto Friday's gains as investors try and acclimatize themselves to… read more...

Another $200 Billion In Tariffs Looks More Likely Than Not

via: SeekingAlpha at 2018-09-17 03:18:34:000

By Stephen Innes Happy to hear that markets in Hong Kong are expected to start trading on Monday after Mangkhut roared through the City. But more significantly friends and colleagues are all safe! Now for the nuts and bolts As many had suspected, despite Treasury Secretary Mnuchin'… read more...

Dollar Pullbacks Remain Shallow As Rate Differentials Widen

via: SeekingAlpha at 2018-09-16 13:43:03:000

The trajectory of monetary policy in the US and Europe has been fairly clear. There is practically no doubt that the Fed will hike rates on September 26. Despite softer-than-expected PPI and CPI figures, the market has become more confident of another move in December. The Federal Reserve's … read more...

Near-Term Dollar Outlook

via: SeekingAlpha at 2018-09-15 14:14:59:000

Contrary to our expectations, there was very little follow-through dollar buying after the jump in hourly earnings reported on September 7. In fact, the dollar lost ground against all the major currencies last week but the Japanese yen. With the help of rising rates and some stability in em… read more...

Examining Crowded Positioning In Precious Metals And Currencies

via: SeekingAlpha at 2018-09-15 06:54:01:000

Note: My approach for analyzing CoT data to reveal how different types of traders are positioned in the futures markets is outlined here . If you missed it, give the article a read to see the method behind my analysis. All data and images in this article come from my free website . Al… read more...

Dollar Losses Extended

via: SeekingAlpha at 2018-09-14 06:46:58:000

The US dollar remains on the defensive after retreating yesterday. Its losses against most of the major and emerging market currencies are being extended today. The combination of softer US inflation coupled with a less-dovish-than-expected ECB, Bank of England lifting growth forecasts, whil… read more...

Erdogan Hurts TRY Ahead Of CBRT Decision

via: SeekingAlpha at 2018-09-13 08:29:15:000

By Dean Popplewell Thursday September 13: Five things the markets are talking about US equity futures and euro regional bourses trade steady after the overnight Asian session put an end to its longest losing streak since 2002 on fresh hopes that the worlds' two largest economies will … read more...

Dynamic Currency Overlay: What's Behind The Signals?

via: SeekingAlpha at 2018-09-13 05:49:56:000

By Jeremy Schwartz, CFA, Director of Research WisdomTree has worked with Record Currency Management (Record) to use its currency research and currency signals to help support dynamically hedging currency exposures within international equity strategies. In international investing, currenci… read more...

Aussie Rallies After Strong Jobs Data

via: SeekingAlpha at 2018-09-13 01:31:09:000

By Andrew Robinson Aussie jumped after the economy added more jobs, while the US dollar extended its slide on hopes of more talks at the US-China trade war negotiating table. Australia labor market remains strong Australia added a whopping 44,000 jobs in August, the second-highest mon… read more...

CAD Rallies On Nafta Optimism

via: SeekingAlpha at 2018-09-12 06:28:14:000

Wednesday, September 12: Five things the markets are talking about It's 'hump' day and despite the contained trading ranges across the various asset classes, investors have a lot to contend with, and strategize for, as we head towards the Autumn months which are expected to bring heightene… read more...

Dollar May Prove Resilient If It Is Turn Around Tuesday

via: SeekingAlpha at 2018-09-11 14:38:16:000

The euro and sterling extended their recovery from the US hourly earnings lows seen before the weekend. However, the move stalled in the European morning, after the UK reported better than expected earnings itself. Sterling approached the 61.8% retracement of the decline from the Jul… read more...

Another Brexit Bounce

via: SeekingAlpha at 2018-09-11 00:19:02:000

By Stephen Innes Global investors were encouraged by a breakthrough on the European political landscape when reports suggested the European Union chief Brexit negotiator Barnier has been given enormous latitude to get Brexit signed and even stated he expects a deal to happen within weeks. … read more...

Trump Trade War Worries

via: SeekingAlpha at 2018-09-10 08:49:36:000

By Dean Popplewell Monday September 10: Five things the markets are talking about Trade talks, tariffs threats, EM contagion fears and central bank decisions are dominating asset price moves this month. Add geopolitical risks and US impeachment possibilities, market volatility is ex… read more...

Gains Ahead Of The Weekend Lift Dollar's Technical Tone

via: SeekingAlpha at 2018-09-08 15:21:30:000

The US dollar rose against the major currencies last week. The sole exception was the Swedish krona. More than a third of its 1.15% weekly advance was recorded ahead of the weekend in what appeared to be position-squaring ahead of the September 9 election. The Dollar Index rose 0.25% las… read more...

Gains Ahead Of The Weekend Lift Dollar's Technical Tone

via: SeekingAlpha at 2018-09-08 15:21:30:000

The US dollar rose against the major currencies last week. The sole exception was the Swedish krona. More than a third of its 1.15% weekly advance was recorded ahead of the weekend in what appeared to be position-squaring ahead of the September 9 election. The Dollar Index rose 0.25% las… read more...

Currency Outlook: U.S. Dollar May Be Caught Between 2 Opposing Trends

via: SeekingAlpha at 2018-09-07 11:00:43:000

By Ray Uy, Head of Macro Research and Currency Portfolio Management on Sept. 6, 2018, in Fixed Income Invesco Fixed Income shares its views on currencies around the world US dollar: Neutral. We believe the US dollar is caught between two trends. Interest rate hikes and balanc… read more...

Emerging Markets Stabilize While Euro Shrugs Off Disappointing Data

via: SeekingAlpha at 2018-09-07 08:28:14:000

The global capital markets are finishing the week on a more stable note than it began. Indeed, since the middle of the week, many of the besieged emerging market currencies like the South African rand, Turkish lira, and Argentine peso have posted some corrective upticks. Today, the MSCI Emer… read more...

Fragile Calm Weighs On Greenback

via: SeekingAlpha at 2018-09-06 08:11:27:000

The global capital markets are calmer today. This is not preventing the MSCI Emerging Markets Index from extending its drop into the seventh consecutive session, but there has been a respite in the sell-off of emerging market currencies, where the Mexican peso, South African rand, Turkish li… read more...

3 Currencies To Watch In A Bear Market For Gold

via: SeekingAlpha at 2018-09-06 08:11:05:000

By Kathy Lien At a Glance Gold is down almost 9 percent in 2018, and these currencies are dropping with it. Traditionally, gold is supposed to perform well whenever political risks are high, trade tensions are escalated, or economic growth is threatened, but that has not been the cas… read more...

Trade And Tariff Agenda Dominate Thursday

via: SeekingAlpha at 2018-09-06 08:02:11:000

Thursday September 6: Five things the markets are talking about Global equities again are on the back foot, with a number of regional bourses trading atop of their lowest close of the year as investors consider the risk of weaker growth thanks due to emerging market worries. The U.S. dolla… read more...

Lather, Rinse, Repeat

via: SeekingAlpha at 2018-09-06 00:54:09:000

By Stephen Innes The markets are going through what feels like an endless loop of lather, rinse and repeat when it comes to the US dollar. But while there was a lot of noise on Wednesday, traders are lacking a definitive direction on numerous fronts. US Markets US equity markets fe… read more...

BoC Can Wait, But Could Still Hike Rates Today

via: SeekingAlpha at 2018-09-05 08:02:37:000

By Dean Popplewell Wednesday September 5: Five things the markets are talking about A new month, but the same mantra - trade concerns continue to simmer and erode risk appetite as emerging markets slide. Yesterday it was EM currencies, today its global equities that are under stress,… read more...

Continuing EM Pain Helps The Dollar, But Does Little For Yen

via: SeekingAlpha at 2018-09-05 07:06:38:000

The dollar is posting gains against most of the emerging markets and major currencies. The MSCI Emerging Markets Index is off 1.6% and extending the drop to a sixth consecutive session. Indonesia's bourse saw the largest decline (~3.75%) in the region. In part, it reflects concern… read more...

Australia's GDP outperforms in Q2

via: SeekingAlpha at 2018-09-05 05:14:01:000

Australia's economy sped past all expectations in Q2 as rapid population growth fueled demand for homes and infrastructure, while bolstering consumer spending despite painfully slow wages growth. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF… read more...

I'm Interested But Not Worried, Oddly Enough

via: SeekingAlpha at 2018-09-05 01:56:11:000

By Stephen Innes Markets continue to roil as the September 6 deadline for public comments on the next slice of Section 301 of China tariffs approaches. But it has been a very mixed bag across global equity markets, and while there's a seller bias, investors are surprisingly far from losing… read more...

EM Rout Not Yet Complete

via: SeekingAlpha at 2018-09-04 08:05:45:000

By Dean Popplewell Tuesday September 4: Five things the markets are talking about In the last week of August, it was trade and tariff wars along with EM currency capitulation that were the driving forces behind asset prices. Thrown into the mix, G10 central banks and geopolitical ris… read more...

Dollar Gains Broadly

via: SeekingAlpha at 2018-09-04 06:37:32:000

The US dollar is rising against all the major and emerging market currencies today. The signals from the White House suggest strong pressure will be exerted on Canada to sign on to NAFTA 2.0 or risk losing part of its auto sector, which of course is primarily the production of US brands. At… read more...

RBA Meeting: There's A Story To Be Told Here

via: SeekingAlpha at 2018-09-04 02:41:26:000

By Stephen Innes Monday's price action predictably stalled out during the NY session, as liquidity was negatively impacted by the Labor Day holiday in the US. But given the dearth of data or any principal Fed speakers to stir the pot, the sparsely serviced trading desks in New York were co… read more...

Threat Of 'Currency Bullying'

via: SeekingAlpha at 2018-09-04 01:21:22:000

On 24 July, the International Monetary Fund released its 2018 External Sector Report, its latest assessment of the current account balances of the worlds 30 largest economies. There was no major change relative to previous years, and the configuration of global surpluses and deficits… read more...

When Central Banks And The Political Worlds Collide

via: SeekingAlpha at 2018-09-03 01:26:16:000

By Stephen Innes Global risk assets should remain under duress due to an ongoing potent mix of emerging markets spillover amidst concerns that President Trump moves forward this week with the next round of tariffs directed at China. Despite the weakest links in the emerging markets curre… read more...

Dollar And Yen Strong Finish Warns Of Next Week's Anxieties

via: SeekingAlpha at 2018-09-02 13:05:35:000

The pullback in the dollar from the mid-August faded last week as emerging market and trade tensions resurfaced as potent forces. The outperformance of US assets in August was expected to generate dollar-sales at the end of the month, and the dollar gained against all the major currencies at… read more...

Trump Trade Talk Hurts Stocks And E.M. Currencies

via: SeekingAlpha at 2018-08-31 08:10:11:000

By Dean Popplewell Friday August 31: Five things the markets are talking about The threat of global growth taking a hit from a damaging US-China relationship remains 'front and center.' Global equities trade under pressure in the last session of the month after US President Trump st… read more...

Trump Trade Talk Hurts Stocks And E.M. Currencies

via: SeekingAlpha at 2018-08-31 08:10:11:000

By Dean Popplewell Friday August 31: Five things the markets are talking about The threat of global growth taking a hit from a damaging US-China relationship remains 'front and center.' Global equities trade under pressure in the last session of the month after US President Trump st… read more...

Brexit Optimism Underpins Sterling

via: SeekingAlpha at 2018-08-30 07:33:00:000

The US dollar is mostly firmer, while global equities are softer and bonds little changed. The Turkish lira and South African rand remain under pressure. However, there does not appear to be an overall theme in today's markets. Disappointing data from Australia and New Zealand has seen … read more...

Cause And Effects

via: SeekingAlpha at 2018-08-30 01:22:52:000

By Stephen Innes Equity Markets Equity markets continue marching higher with the S&P 500 and the Nasdaq yet again trading in record territory. Indeed, investors' confidence is soaring as optimism builds over the likelihood of the inevitable US trade deal with a crucial trade partne… read more...

Trade Talks To Dictate Next Dollar Move

via: SeekingAlpha at 2018-08-29 07:52:33:000

By Dean Popplewell Wednesday August 29: Five things the markets are talking about For now, trade negotiations remain the dominant theme for market moves as uncertainty over how Canada will respond to Monday's 'non-ratified' agreement between the US and Mexico. US-Canada talks are u… read more...

Dollar Finds Support, But Downside Correction May Not Be Over

via: SeekingAlpha at 2018-08-29 06:51:27:000

The US dollar has steadied after pulling back in recent days, but the downside correction does not appear complete, and month-end flows are still a risk to picking a dollar-bottom. The Australian dollar is the weakest of the majors. The main drag is paradoxically Westpac, one of Austr… read more...

Grand Currency Manipulation In The Dollar On The Horizon

via: SeekingAlpha at 2018-08-29 06:02:00:000

When it comes to price variance in markets across all asset classes, the currency markets tend to display the lowest level of volatility. Currency moves to the up or downside in the primary foreign exchange instruments of the world like the dollar and euro typically occur over long periods. Si… read more...

Canada Should Expect Tough Trade Negotiations With U.S.

via: SeekingAlpha at 2018-08-28 07:57:17:000

By Dean Popplewell Tuesday August 28: Five things the markets are talking about Any trade deal is good for capital markets; even yesterday's US/Mexico "non-ratified" trade announcement has been able to push US stocks to new records, G10 currencies and commodities to multi week highs. … read more...

A Dog Day Of Summer

via: SeekingAlpha at 2018-08-27 07:31:22:000

Last week's dollar losses were initially extended in Asia before it came back bid. The euro briefly poked through $1.1650 for the first time in three weeks. However, the gains were sold into, and the euro finished the Asian session near $1.16, where there is a 782 million euro option expiri… read more...

Powell, Puppets And Politics

via: SeekingAlpha at 2018-08-27 03:56:35:000

By Stephen Innes After a five-week exodus from Singapore bookended by weekly stints in OANDA's Toronto and London office, I must admit it's great to be back in Singapore again, despite being completely out of sync this morning! A couple of takeaways from my trip: Canadian spot trader… read more...

Australia's Morrison reshuffles cabinet

via: SeekingAlpha at 2018-08-27 01:51:35:000

In a bid to heal divisions following a week of political chaos, Australia's new Prime Minister Scott Morrison is shaking up his cabinet with a new foreign minister, as well as a host of other positions. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Tr… read more...

AUD Survives Political Mayhem

via: SeekingAlpha at 2018-08-26 21:58:54:000

I wrote in my previous article, titled " Rebound In Aussie Dollar Imminent ," that the AUD (FXA) was on the brink of a major rally. In the past week, we saw Australia welcome its sixth prime minister in 10 years, which makes the political maneuvering in House of Cards seem like child's play…. read more...

Dollar's Correction May Have More Room To Run

via: SeekingAlpha at 2018-08-25 08:22:27:000

As the US dollar appeared to break higher, we noted that it was overextended. Against most of the major currencies, it was beyond its Bollinger Bands, set at two standard deviations around the 20-day moving average. The correction that began mid-August does not appear over, implying a heavie… read more...

Dollar's Correction May Have More Room To Run

via: SeekingAlpha at 2018-08-25 08:22:27:000

As the US dollar appeared to break higher, we noted that it was overextended. Against most of the major currencies, it was beyond its Bollinger Bands, set at two standard deviations around the 20-day moving average. The correction that began mid-August does not appear over, implying a heavie… read more...

Aussie Rallies As New Prime Minister Picked

via: SeekingAlpha at 2018-08-24 02:19:56:000

By Andrew Robinson Australia has a new PM Australian PM Malcolm Turnbull confirmed his resignation earlier this morning and stated he will not stand for PM as the ruling Liberal Party voted 45-40 to hold a leadership ballot. Subsequently, former Treasurer Scott Morrison won the ballot an… read more...

Commitment Of Traders Analysis: Smart Money Sets The Stage For A Higher U.S. Dollar

via: SeekingAlpha at 2018-08-23 14:57:48:000

Editor's note: Seeking Alpha is proud to welcome Ivan Delgado Egea as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more The CoT… read more...

Tariffs Support U.S. Dollar

via: SeekingAlpha at 2018-08-23 07:54:04:000

By Dean Popplewell Thursday August 23: Five things the markets are talking about The US dollar has rallied for the first time in six-sessions as the markets waits for rhetoric from Jackson Hole where a meeting of global central bankers begins this evening. Yesterday, the Federal Re… read more...

Dollar Rebounds

via: SeekingAlpha at 2018-08-23 06:44:28:000

After correcting lower since the middle of last week, and pushed faster if not further by President Trump's comments, the US dollar is rebounding against most of the major and emerging market currencies today. After an initial wobble on the back of the FOMC minutes, the greenback's recov… read more...

What The Emerging Markets Currency Crisis Means For Your Portfolio

via: SeekingAlpha at 2018-08-23 05:15:07:000

Jordan Roy-Byrne: Hello again everyone. Welcome back to the Atlas Investor Podcast with Tiho Brkan. This is episode number 20 and today we will be focusing on currencies. Tiho, brother, how are you doing and are you ready to break down the currency market? Tiho Brkan: Yes, we've got a l… read more...

Turnbull offers another leadership contest

via: SeekingAlpha at 2018-08-23 03:30:26:000

Australian Prime Minister Malcolm Turnbull is clinging to power despite senior ministers deserting him, saying he would only hold a second leadership vote on Friday if he received a letter signed by the majority of the ruling party. More news on: iShares MSCI Australia ETF, Invesco Curre… read more...

Aussie Drops On Turnbull Turbulence

via: SeekingAlpha at 2018-08-23 01:39:36:000

By Andrew Robinson Aussie leader losing support The Australian dollar kicked off the week with a weaker bias as the beleaguered prime minister appears to be losing the leadership. Following a spate of cabinet resignations, markets are bracing for a second leadership challenge in a week. … read more...

Trump's Legal Woes Are Markets Center Of Attention

via: SeekingAlpha at 2018-08-22 07:59:59:000

By Dean Popplewell Wednesday August 22: Five things the markets are talking about This morning US stock futures are under pressure, while both Europe and Asia equity sessions overnight traded mixed as investors try to guesstimate the potential fallout from President Trump's latest leg… read more...

Markets Take U.S. Political Developments In Stride

via: SeekingAlpha at 2018-08-22 07:37:37:000

News that President Trump's personal lawyer claimed he was instructed by the candidate to commit a federal crime and, separately, that the former campaign manager was found guilty on eight counts is hardly impacting the global capital markets. The dollar is narrowly mixed in consolidativ… read more...

When To Care About Foreign Exchange Issues

via: SeekingAlpha at 2018-08-21 08:01:19:000

The last months investors have been witness to fairly volatile foreign exchange markets, hyperinflation in a few Latin American nations, and most of all the Turkish lira crisis. There are two sides to this issue. The first is the risk of financial contagion. Contagion is extremely reflexi… read more...

Market Spooked On Trump's U.S. Dollar Comments

via: SeekingAlpha at 2018-08-21 07:59:32:000

By Dean Popplewell Tuesday August 21: Five things the markets are talking about The 'big' dollar has dropped for a fourth consecutive session, along with US Treasuries after President Trump criticized his own appointed Fed Chairman's interest-rate hikes. Trump said he is not "thril… read more...

Trump Comments Hit Dollar, Little Impact On Rates

via: SeekingAlpha at 2018-08-21 07:36:48:000

The US dollar is broadly lower following President Trump's comments yesterday, criticising Fed policy and reiterating his previously made claim that China and the EU are manipulating their currencies. We suggested that last week's presidential tweet that identified strong capital inflow… read more...

Australia's Turnbull survives leadership challenge

via: SeekingAlpha at 2018-08-21 03:40:21:000

Australian Prime Minister Malcolm Turnbull has survived a leadership challenge after struggling to pass key pieces of his legislative agenda and keep members of his party in line. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, Aberdeen Austr… read more...

Rebound In Aussie Dollar Imminent

via: SeekingAlpha at 2018-08-20 11:46:18:000

The Australian Dollar ( FXA ) has been pummeled against the Greenback in 2018, and is currently down 10% YTD. It is currently resting at a crucial support level of 0.7300, and geopolitics will go a long way in determining which direction the currency pair chooses next. I think the next 3-5% fo… read more...

Trade And Jackson Hole Talks Top Dollar Bulls Agenda

via: SeekingAlpha at 2018-08-20 08:09:20:000

By Dean Popplewell Monday August 20: Five things the markets are talking about With "risk-on and off" trading strategies dominating proceedings this summer, expect this to be another action packed week despite the lack of economic data releases. A stronger US dollar and higher inter… read more...

Greenback's Momentum Stalls

via: SeekingAlpha at 2018-08-18 09:27:25:000

A week ago, we were concerned that the dollar's surge had left it over-extended from a technical perspective, and most of the major pairs but the yen and Canadian dollar were outside their Bollinger Bands. We cautioned against chasing it, but the dollar's surge continued. It peaked in the mi… read more...

Greenback's Momentum Stalls

via: SeekingAlpha at 2018-08-18 09:27:25:000

A week ago, we were concerned that the dollar's surge had left it over-extended from a technical perspective, and most of the major pairs but the yen and Canadian dollar were outside their Bollinger Bands. We cautioned against chasing it, but the dollar's surge continued. It peaked in the mi… read more...

Australian Dollar Remains A Short Opportunity As China Continues Slowing

via: SeekingAlpha at 2018-08-17 13:57:13:000

In our last commentary on the Australian dollar , we wrote that the currency was an enticing short opportunity thanks to slowing Chinese growth and a bearish trend. Specifically, we recommended shorting AUD/USD as means to express a bearish view on the currency. Since that time, the pair has … read more...

Risk Appetite Boosted By Higher Yuan Fix

via: SeekingAlpha at 2018-08-17 01:51:23:000

By Andrew Robinson Yuan fixed higher for first time in seven days At this morning's yuan fix, the People's Bank of China strengthened the yuan for the first time in seven days, moving the mid-rate to 6.8894 from 6.8946 yesterday. Despite the fix, USD/CNH rose marginally on the day, up 0…. read more...

Australia's unemployment falls to lowest in almost six years

via: SeekingAlpha at 2018-08-16 12:12:42:000

Australias jobless rate unexpectedly fell to 5.3%, lowest since November 2012 More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, Aberdeen Australia Equity Fund, Global news and forex, News on ETFs, Read more … read more...

Turkish Lira Erases Its Economic Attack Losses

via: SeekingAlpha at 2018-08-16 09:23:35:000

By Dean Popplewell Thursday August 16: Five things the markets are talking about This week, the mighty US dollar has gained traction from safe-haven investment flows on the back of trade disputes between the US and China. Nonetheless, investor risk sentiment has received a boost … read more...

Markets Digest Turkish Troubles With Heightened Risk Over Next 24-Hours

via: SeekingAlpha at 2018-08-15 08:06:15:000

By Dean Popplewell Wednesday August 15: Five things the markets are talking about Global equities traded mixed overnight as market risk appetite continues to be tested by Turkey's induced turmoil. US Treasuries prices have climbed a tad, while the greenback trades atop its 15-month hi… read more...

Phew! Turkey Bashing Takes A Break For Now

via: SeekingAlpha at 2018-08-14 08:30:05:000

By Dean Popplewell Tuesday August 14: Five things the markets are talking about Tuesday sees a tentative reprieve for global equities in the wake of Turkey's induced turmoil and the forex market has managed to stabilize a tad, aided by reports this morning that the Turkish Finance Mini… read more...

A Market Bloodbath As Turkey Fever Spreads

via: SeekingAlpha at 2018-08-13 08:26:47:000

By Dean Popplewell Just when you thought it was safe to invest in an asset that made sense, be it forex, bonds or stocks, fear and contagion has suddenly appeared, and in under 48-hours has severely bullied emerging markets into near submission. In six-weeks, the Turkish lira has fallen … read more...

Turkey Drives Risk-Off, But Pressure Abating

via: SeekingAlpha at 2018-08-13 07:07:52:000

The failure of Turkey to grab the bull by the horns, so to speak, and come to grips with the situation saw the dollar soar above TRY7.23 (from TRY6.43 at the end of last week) and to ZAR15.55 (from ZAR14.09) . The Mexican peso, the strongest currency this year, and which has been partially pr… read more...

Dollar Surges, But Recent Gains Seem Exaggerated

via: SeekingAlpha at 2018-08-11 08:53:34:000

The US dollar surged at the end of the week, helped by a hawkish statement by a perceived dove at the Federal Reserve, and a dramatic drop in the Turkish lira, which spurred a broader rout in emerging markets and risk assets in general. We remain bullish the dollar, based primarily on the US… read more...

Dollar Surges, But Recent Gains Seem Exaggerated

via: SeekingAlpha at 2018-08-11 08:53:34:000

The US dollar surged at the end of the week, helped by a hawkish statement by a perceived dove at the Federal Reserve, and a dramatic drop in the Turkish lira, which spurred a broader rout in emerging markets and risk assets in general. We remain bullish the dollar, based primarily on the US… read more...

The Dollar Muscles Higher As Turkey Melts Down

via: SeekingAlpha at 2018-08-10 07:25:23:000

The US dollar has surged. The main impetus comes from the dramatic slide in the Turkish lira. After moving above TRY5.0 yesterday, it reached TRY6.30 today before stabilizing a little below TRY6.0 as the European morning progressed. The trigger seemed to be the lack of credibility of the gov… read more...

Currency Outlook: We Expect U.S. Dollar Appreciation Due To Trade Tensions

via: SeekingAlpha at 2018-08-09 11:00:37:000

Posted by Ray Uy, Head of Macro Research and Currency Portfolio Management on Aug 8, 2018, in Fixed Income US dollar Neutral. Trade tensions have resulted in a partial change to our view. We have revised our expectation for a broad US dollar weakening trend, now believing it may appr… read more...

Turkish Lira Loses Another 3%

via: SeekingAlpha at 2018-08-09 08:10:31:000

By Dean Popplewell Thursday August 9: Five things the markets are talking about The geopolitical tension theme continues to dominate capital markets, now that China has responded to the U.S's tariff onslaught with additional tariffs of its own. In currencies, the market is again focu… read more...

Politics Takes Down The Pound

via: SeekingAlpha at 2018-08-08 08:15:19:000

By Dean Popplewell Wednesday August 8: Five things the markets are talking about Trade concerns continue to hover over capital markets. Yesterday, the US indicated that it will begin imposing another +25% duties on an additional +$16B in Chinese imports beginning in a fortnight. On th… read more...

RBA leaves rates at record low

via: SeekingAlpha at 2018-08-07 01:52:12:000

The Reserve Bank of Australia held its interest rate overnight at a record low of 1.5%, where it has now stood for two years, declining to follow recent moves to tighten liquidity by some other central banks. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dol… read more...

Is The Dollar Breaking Out?

via: SeekingAlpha at 2018-08-05 08:17:56:000

The US dollar appreciated against most of the major currencies over the past week. The Canadian dollar was the strongest of the majors, benefiting from a better-than-expected May GDP (0.5%) and a June merchandise trade shortfall a quarter of what was expected (-$630 mln vs. C$2.3 bln median… read more...

Is The Dollar Breaking Out?

via: SeekingAlpha at 2018-08-05 08:17:56:000

The US dollar appreciated against most of the major currencies over the past week. The Canadian dollar was the strongest of the majors, benefiting from a better-than-expected May GDP (0.5%) and a June merchandise trade shortfall a quarter of what was expected (-$630 mln vs. C$2.3 bln median… read more...

CoT Update On Precious Metals, VIX, And Crowded USD Shorts

via: SeekingAlpha at 2018-08-04 02:22:28:000

Note: My approach for analyzing CoT data to reveal how different types of traders are positioned in the futures markets is outlined here . If you missed it, give the article a read to see the method behind my analysis. All data and images in this article come from my free website . Al… read more...

NFP Could Lift Dollar Higher

via: SeekingAlpha at 2018-08-03 07:53:11:000

By Dean Popplewell Friday August 3: Five things the markets are talking about President Trump's unpredictability on trade is keeping capital markets on the back foot and a theme that is not expected to change anytime soon. The 'big' dollar remains better bid ahead of this morning US… read more...

Greenback Remains Firm Ahead Of Jobs, JGBs Stabilize, Italian Debt Moves Into Spotlight

via: SeekingAlpha at 2018-08-03 07:39:06:000

With the US threatening to escalate the trade conflict with China, many observers are trying to link it to the dollar's strength. Trade wars are not only easy to win, as President Trump has declared, but it is also good for the dollar, we are told. But is it really? If it is a safe haven,… read more...

BoE Hike A Close Call

via: SeekingAlpha at 2018-08-02 08:00:34:000

By Dean Popplewell Thursday August 2: Five things the markets are talking about The Bank of England is more likely than not to hike interest rates +25 bps to +0.75% this morning (07:00 am EDT), but this has only recently become a closer call. June's BoE meeting minutes showed that th… read more...

Trade War Angst Trumps Fed Rate Decision

via: SeekingAlpha at 2018-08-01 09:55:45:000

By Dean Popplewell Wednesday Aug 1: Five things the markets are talking about Over the past fortnight, fixed income, forex and the commodities market have become rather boring and range bound. Will today's Fed monetary policy announcement be the facilitator to end this market consolida… read more...

The British Pound Melts

via: SeekingAlpha at 2018-08-01 06:15:00:000

In June 2016, the United Kingdom shocked the world when it voted to exit the European Union. Brexit was a rejection of the political and economic policies made by legislators in Brussels and Frankfurt. The leading cause of the success of the Brexit referendum in the UK was the immigration issu… read more...

BoJ's New Script Supports The Carry-Trade

via: SeekingAlpha at 2018-07-31 08:45:22:000

By Dean Popplewell Tuesday July 31: Five things the markets are talking about Sovereign government bonds prices have rallied overnight as the Bank of Japan (BoJ) again committed to keep its "ultra-loose" monetary policy intact. As expected, Japanese policy makers tweaked some policie… read more...

Wall Of Worry Builds Around The U.S. Tech Sector

via: SeekingAlpha at 2018-07-31 01:51:00:000

By Stephen Innes US equity markets continue to absorb Facebook's (FB) swoon, which is weighing down FAANGs ahead of Apple's (AAPL) earnings announcement on Tuesday. Indeed, the market's heavyweight champions are having a rough day, but US markets pruned much of their losses as bank stocks … read more...

FX Options Volatility Set To Rise As Currencies Wobble?

via: SeekingAlpha at 2018-07-31 01:43:15:000

By Erik Norland Europe appears to be on the verge of a political meltdown. German Chancellor Angela Merkel's coalition government nearly collapsed in the first week of July. Italy is governed by a populist left-right coalition that promises tax cuts and spending increases to the displeasur… read more...

Equities, Bonds, And The Dollar Start Week Softer

via: SeekingAlpha at 2018-07-30 09:19:28:000

The week's big events lie ahead. It is seen as the last important week before the dog days of summer when many participants will take holidays. The BOJ's two-day meeting concludes tomorrow. Speculation that the BOJ is looking for ways to tweak its program continues to spur a small taper-l… read more...

G7 FX Moves Look To Central Banks For Direction

via: SeekingAlpha at 2018-07-30 07:51:25:000

By Dean Popplewell Monday July 30: five things the markets are talking about Stocks begin a new week under pressure, as investors mull over some lofty corporate earnings and a number of key policy meetings. A host of G10 central banks are on tap to offer their monetary policy decisio… read more...

Dollar Marks Time In Asia As Traders Consider A Busy Data Week

via: SeekingAlpha at 2018-07-30 03:00:09:000

By Andrew Robinson Traders scale back activity ahead of data/event rush A busy data week culminating in the monthly US jobs report and approaching month-end all conspired to keep traders in Asia sidelined and currencies range-bound at the start of the week. Traders were also mulling the… read more...

Greenback Outlook: More Of The Same?

via: SeekingAlpha at 2018-07-29 01:23:49:000

A week ago, fear of a currency and trade war were fanned by comments by US President Trump. Trump's comments about the EU and China manipulating their currencies were largely ignored except by short-term foreign exchange traders and the press. An escalation of trade tensions eased when Eu… read more...

U.S. Dollar Firmer On GDP Expectations

via: SeekingAlpha at 2018-07-27 08:02:33:000

By Dean Popplewell Friday July 27: Five things the markets are talking about Euro stocks have found some traction after a mixed performance overnight in Asia, as investors remain upbeat over the tentative trade truce between the US and the EU. President Trump and EC Commission Pres… read more...

U.S. Dollar Firmer On GDP Expectations

via: SeekingAlpha at 2018-07-27 08:02:33:000

By Dean Popplewell Friday July 27: Five things the markets are talking about Euro stocks have found some traction after a mixed performance overnight in Asia, as investors remain upbeat over the tentative trade truce between the US and the EU. President Trump and EC Commission Pres… read more...

Greenback Remains Firm Ahead Of Q2 GDP

via: SeekingAlpha at 2018-07-27 07:31:43:000

The US dollar is trading firmly in Europe after consolidating yesterday's gains during the Asian session and ahead of the first look at Q2 GDP. Yesterday's economic reports, including durable goods orders and inventory data, saw the Atlanta Fed's GDPNow tracker lower its forecast to 3.8% fro… read more...

Greenback Remains Firm Ahead Of Q2 GDP

via: SeekingAlpha at 2018-07-27 07:31:43:000

The US dollar is trading firmly in Europe after consolidating yesterday's gains during the Asian session and ahead of the first look at Q2 GDP. Yesterday's economic reports, including durable goods orders and inventory data, saw the Atlanta Fed's GDPNow tracker lower its forecast to 3.8% fro… read more...

Outperforming The U.S. Market With The iM-Country Rotation System

via: SeekingAlpha at 2018-07-26 06:28:10:000

Model Philosophy This model invests periodically in only one country ETF of the six available for trading. The selection is based on the performance of the respective currency ETFs over a one year period. Note: Countries such as China and Switzerland which are monitored by the US Tre… read more...

Trump And Juncker To Set The Dollar's Tone

via: SeekingAlpha at 2018-07-25 07:52:45:000

By Dean Popplewell Wednesday July 25: Five things the markets are talking about Euro equities have found some support, following Asian stocks as earnings season continues, although trade tensions remain to the fore ahead of today's meeting between President Trump and E.C chief Jean-Cla… read more...

Narrow Ranges Prevail

via: SeekingAlpha at 2018-07-25 07:03:40:000

The US dollar is trapped in narrow trading ranges. That itself is news. At the end of last week, the US President seemed to have opened another front in his campaign to re-orient US relationships by appearing to talk the dollar down. Contrary to fears and media headlines of a currency war,… read more...

U.S. Dollar Boosted By Higher Treasury Yields

via: SeekingAlpha at 2018-07-24 08:35:42:000

By Dean Popplewell Tuesday July 24: Five things the markets are talking about Overnight, Euro bourses along with US equity futures have edged a tad higher on the back of a plethora of positive corporate earnings boosting investor sentiment. Also, China's determination to support th… read more...

Trade And Currency Wars A Market Threat

via: SeekingAlpha at 2018-07-23 08:13:12:000

By Dean Popplewell Monday July 23: Five things the markets are talking about A new week starts with equities under pressure as capital markets digest warnings from G20 finance ministers about the impact of protectionism on growth - "risks to the world economy have increased." Also ra… read more...

U.S. As Revisionist Power Remains Biggest Risk For Investors

via: SeekingAlpha at 2018-07-21 08:30:14:000

A new front opened in the effort by the Trump Administration to reorient the global political economy. Trade actions, including the claim that steel and aluminum from Canada, Europe, and Japan are threats to US national security, have been coupled now with an attack on EU commercial practice… read more...

U.S. As Revisionist Power Remains Biggest Risk For Investors

via: SeekingAlpha at 2018-07-21 08:30:14:000

A new front opened in the effort by the Trump Administration to reorient the global political economy. Trade actions, including the claim that steel and aluminum from Canada, Europe, and Japan are threats to US national security, have been coupled now with an attack on EU commercial practice… read more...

AUD Vulnerable Against USD Strength

via: SeekingAlpha at 2018-07-20 14:39:50:000

A Hawkish Fed and a Vulnerable RBA Jerome Powell- Since I last testified here in February, the job market has continued to strengthen and inflation has moved up. In the most recent data, inflation was a little above 2 percent, the level that the Federal Open Market Committee, or FOMC, thi… read more...

It's War - Trade And Currency

via: SeekingAlpha at 2018-07-20 08:37:37:000

By Dean Popplewell Friday July 20: Five things the markets are talking about Euro equities start the day on the back foot despite most Asian bourses finding a little traction to close out their week. Nevertheless, a weaker Chinese yuan and trade uncertainty continues to weigh on global… read more...

Dollar Consolidates After Trump Wades In

via: SeekingAlpha at 2018-07-20 06:53:02:000

The US dollar is little changed but mostly softer as the week draws to a close. The market is digesting the implications of yesterday's comments by President Trump about interest rates and foreign exchange, and without fresh economic data, is content to go into the weekend. President Trum… read more...

Greenback Extends Gains

via: SeekingAlpha at 2018-07-19 07:50:04:000

The US dollar is extending its recent gains against most of the world's currencies. We continue to see the most compelling case for the macro driver being the diverging policy mixes. There are also more immediate factors. The surprisingly poor UK retail sales report, for example, managed … read more...

Fed Powell Advances The Dollar

via: SeekingAlpha at 2018-07-18 07:50:32:000

By Dean Popplewell Wednesday July 18: Five things the markets are talking about US assets get another leg up from rookie Fed Chair Jerome Powell who again expressed optimism over the US economic growth and stable inflation, telling Congress yesterday that domestic data should keep the… read more...

Greenback Extends Gains - For Now

via: SeekingAlpha at 2018-07-18 07:29:17:000

After softening in Europe yesterday, the dollar recovered in the North American session with the help of assurances by Fed Chair Powell, who reaffirmed the path gradual path despite clear recognition that tariffs threaten wages and growth. The greenback has extended those gains today and is … read more...

Goldilocks Economy Warrants A Goldilocks Federal Reserve Chairperson

via: SeekingAlpha at 2018-07-18 03:23:59:000

By Stephen Innes U.S. stocks closed higher on Tuesday, extending a recent upswing after Federal Reserve Chairman Jerome Powell, appearing before the Senate Banking Committee, offered up a sanguine view of the U.S. economy, while suggesting the Fed is in no rush to raise interest rates but … read more...

Dollar On Back Foot Ahead Of Powell

via: SeekingAlpha at 2018-07-17 08:42:54:000

The US dollar eased in Asia session and the European morning. The greenback had appeared technically vulnerable, and the economic news stream is light. The UK employment data were in line with expectations. The unemployment rate was steady at 4.2% in May, and the average weekly earnings … read more...

Currencies, Stocks And Bonds Await Fed Powell's Testimony

via: SeekingAlpha at 2018-07-17 07:55:57:000

By Dean Popplewell Tuesday July 17: Five things the markets are talking about Corporate earnings and monetary policy is expected to be the main driver of market sentiment this week- it's currently giving a 'temporary' break to trade relation tensions amongst G7 economies. Global equi… read more...

Monday Blues Or Dog Days Of Summer

via: SeekingAlpha at 2018-07-17 02:52:48:000

By Stephen Innes Whether a case of the Monday blues, the Dog Days of summer setting in or a combination of both, markets struggled for direction despite upbeat US economic data while quarterly earnings have failed to inspire investors. And we might chalk it up to a typical summer afternoon… read more...

Most Contrarian Long Trades In The World: Platinum And CHF/USD

via: SeekingAlpha at 2018-07-16 01:20:28:000

Note: My approach for analyzing CoT data to reveal how different types of traders are positioned in the futures markets is outlined here . If you missed it, give the article a read to see the method behind my analysis. All data and images in this article come from my free website … read more...

Dollar Is Both Range-Bound And Trending

via: SeekingAlpha at 2018-07-14 09:38:51:000

Our reading of the dollar's technical condition warned that the downside correction that had begun in late June had more room to run. However, after initial weakness at the start of the week, it trended higher until hours before the weekend, including setting new highs for the year against t… read more...

Dollar Is Both Range-Bound And Trending

via: SeekingAlpha at 2018-07-14 09:38:51:000

Our reading of the dollar's technical condition warned that the downside correction that had begun in late June had more room to run. However, after initial weakness at the start of the week, it trended higher until hours before the weekend, including setting new highs for the year against t… read more...

Trump Trips Sterling, But Greenback Enjoys Broad Gains

via: SeekingAlpha at 2018-07-13 07:21:14:000

President Trump weighed in on Brexit and spurred the largest drop in sterling in more than two weeks. Trump encouraged Brexit, but he indicated he "would have done it much differently" and that he "actually told Theresa May how to do it, but she did not listen." Trump cautioned that May's pl… read more...

Fresh shots in trade war slam futures

via: SeekingAlpha at 2018-07-10 20:49:47:000

The president has begun the process of slapping tariffs on another $200B of Chinese imports. More news on: iShares MSCI Japan ETF, SPDR S&P 500 Trust ETF, Invesco QQQ ETF, Global news and forex, News on the U.S. economy, Top stock market news, Stocks on the move, News on ETFs, Re… read more...

Fresh shots in trade war slam futures

via: SeekingAlpha at 2018-07-10 20:49:47:000

The president has begun the process of slapping tariffs on another $200B of Chinese imports. More news on: iShares MSCI Japan ETF, SPDR S&P 500 Trust ETF, Invesco QQQ ETF, Global news and forex, News on the U.S. economy, Top stock market news, Stocks on the move, News on ETFs, Re… read more...

All Is Quiet On The Western Trade War Front

via: SeekingAlpha at 2018-07-10 02:24:06:000

By Stephen Innes For a change, all is quiet on the western trade war front, as the drop in aggressive US tariff posturing and the nonfarm payroll after effects have propelled US equity market to the third consecutive day of substantial gains. While traders sit tight awaiting the next US tr… read more...

Currency Outlook: U.S. Dollar Volatility Could Become A Concern As Global Central Banks Remove Stimulus

via: SeekingAlpha at 2018-07-08 20:40:16:000

Posted by Ray Uy, Head of Macro Research and Currency Portfolio Management on Jul 6, 2018, in Fixed Income Invesco Fixed Income shares its views on currencies around the world. US dollar Underweight. We expect the strong global growth environment to drive the US dollar w… read more...

Interest Rate Outlook: U.S. Inflation Should Peak This Summer, Resulting In One More 2018 Hike And Then A Pause

via: SeekingAlpha at 2018-07-08 20:26:16:000

By Rob Waldner, Chief Strategist and Head of Multi-Sector on July 6, 2018, in Fixed Income Invesco Fixed Income shares its views on rates around the world US: Neutral. US growth remains strong, accelerating in the second quarter versus the first quarter's lackluster 2… read more...

Dollar's Downside Correction Set To Continue

via: SeekingAlpha at 2018-07-07 07:24:15:000

The US dollar's downside correction, which we anticipated, has more room to run. On the margins, the fundamental drivers have softened. The tame US wage data, the flattening of the yield curve, and the angst over the trade tensions all argue against an acceleration of Fed tightening. At t… read more...

Dollar's Downside Correction Set To Continue

via: SeekingAlpha at 2018-07-07 07:24:15:000

The US dollar's downside correction, which we anticipated, has more room to run. On the margins, the fundamental drivers have softened. The tame US wage data, the flattening of the yield curve, and the angst over the trade tensions all argue against an acceleration of Fed tightening. At t… read more...

Danielle DiMartino Booth On RT Boom Bust

via: SeekingAlpha at 2018-07-05 05:30:55:000

What is the status of the Australian Read more … read more...

Danielle DiMartino Booth On RT Boom Bust

via: SeekingAlpha at 2018-07-05 05:30:55:000

What is the status of the Australian Read more … read more...

OANDA Market Beat Podcast

via: SeekingAlpha at 2018-07-05 03:52:25:000

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Dollar Mixed as Trade War Risks Escalate Dollar Solid Ahead of July 4 Holiday The US dollar i… read more...

OANDA Market Beat Podcast

via: SeekingAlpha at 2018-07-05 03:52:25:000

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Dollar Mixed as Trade War Risks Escalate Dollar Solid Ahead of July 4 Holiday The US dollar i… read more...

While The U.S. Was On Holiday - Wednesday Summary

via: SeekingAlpha at 2018-07-04 21:35:56:000

The inability of the S&P 500 to hold on to gains on Tuesday and the poor finish weighed on Asian equities on Wednesday. The MSCI Asia Pacific Index slipped 0.2% and posted its lowest close in nine months. The Chinese yuan, which is under close international scrutiny with many suspecting… read more...

While The U.S. Was On Holiday - Wednesday Summary

via: SeekingAlpha at 2018-07-04 21:35:56:000

The inability of the S&P 500 to hold on to gains on Tuesday and the poor finish weighed on Asian equities on Wednesday. The MSCI Asia Pacific Index slipped 0.2% and posted its lowest close in nine months. The Chinese yuan, which is under close international scrutiny with many suspecting… read more...

The Yuan Airbrake

via: SeekingAlpha at 2018-07-04 02:33:23:000

By Stephen Innes Thankfully for regional risk, the PBoC engaged the yuan airbrake yesterday afternoon, and at least for the time being, with the help of Chinese state-owned banks that were seen selling dollars to prop up the Chinese currency, is restoring a sense of calm in regional market… read more...

Markets Trying To Stabilize

via: SeekingAlpha at 2018-07-03 06:31:32:000

The global capital markets are trying to stabilize. US equities recovered from early losses yesterday but this was not enough to stop Asian equities from extending recent losses. The MSCI Asia Pacific Index slipped 0.2% for the sixth decline in the past seven sessions, However, seve… read more...

Risk Is In The Air

via: SeekingAlpha at 2018-07-02 23:34:46:000

Despite global risk mounting with hurdles abound, US equity markets managed to eke out small wins after spending most of the session struggling in the red. The major indexes struggled to find traction as the ongoing slowdown in global growth data, escalating trade war rhetoric, and a nervy Bre… read more...

More Backing And Filling For The Greenback To Start July

via: SeekingAlpha at 2018-06-30 07:36:34:000

The powerful combination of the US policy mix and the divergence with most other central banks drives our constructive medium-term outlook for the dollar. However, the technical indicators warn that there is still scope for some more backing and filling before the rally can resume on more su… read more...

More Backing And Filling For The Greenback To Start July

via: SeekingAlpha at 2018-06-30 07:36:34:000

The powerful combination of the US policy mix and the divergence with most other central banks drives our constructive medium-term outlook for the dollar. However, the technical indicators warn that there is still scope for some more backing and filling before the rally can resume on more su… read more...

More Backing And Filling For The Greenback To Start July

via: SeekingAlpha at 2018-06-30 07:36:34:000

The powerful combination of the US policy mix and the divergence with most other central banks drives our constructive medium-term outlook for the dollar. However, the technical indicators warn that there is still scope for some more backing and filling before the rally can resume on more su… read more...

Was I Too Optimistic On The Aussie Dollar?

via: SeekingAlpha at 2018-06-27 13:38:42:000

Last month, I made the argument that the Aussie dollar could be set to rise against the greenback given rising oil prices having a potentially depreciating effect on the dollar as well as the potential for rising inflation in Australia triggering interest rate rises. However, we have been se… read more...

Was I Too Optimistic On The Aussie Dollar?

via: SeekingAlpha at 2018-06-27 13:38:42:000

Last month, I made the argument that the Aussie dollar could be set to rise against the greenback given rising oil prices having a potentially depreciating effect on the dollar as well as the potential for rising inflation in Australia triggering interest rate rises. However, we have been se… read more...

Was I Too Optimistic On The Aussie Dollar?

via: SeekingAlpha at 2018-06-27 13:38:42:000

Last month, I made the argument that the Aussie dollar could be set to rise against the greenback given rising oil prices having a potentially depreciating effect on the dollar as well as the potential for rising inflation in Australia triggering interest rate rises. However, we have been se… read more...

Stocks Decline On Trade Worries; Oil Rallies

via: SeekingAlpha at 2018-06-27 08:14:29:000

By Dean Popplewell Wednesday June 27: Five things the markets are talking about Lingering concerns about trade is keeping global equities muted, although gains in oil prices have been supporting stocks of oil-and-gas companies. Crude prices have built on yesterday's gains after the U… read more...

Stocks Decline On Trade Worries; Oil Rallies

via: SeekingAlpha at 2018-06-27 08:14:29:000

By Dean Popplewell Wednesday June 27: Five things the markets are talking about Lingering concerns about trade is keeping global equities muted, although gains in oil prices have been supporting stocks of oil-and-gas companies. Crude prices have built on yesterday's gains after the U… read more...

Stocks Decline On Trade Worries; Oil Rallies

via: SeekingAlpha at 2018-06-27 08:14:29:000

By Dean Popplewell Wednesday June 27: Five things the markets are talking about Lingering concerns about trade is keeping global equities muted, although gains in oil prices have been supporting stocks of oil-and-gas companies. Crude prices have built on yesterday's gains after the U… read more...

Renminbi Slide Continues And Oil Extends Surge

via: SeekingAlpha at 2018-06-27 06:49:28:000

The US dollar is mostly firmer today, though it has slipped back below the JPY110 level, as lower yields and equities support the Japanese yen. The main story in the foreign exchange market today is the continued slide in the Chinese renminbi. The decline is the sharpest since the 2015 deval… read more...

Renminbi Slide Continues And Oil Extends Surge

via: SeekingAlpha at 2018-06-27 06:49:28:000

The US dollar is mostly firmer today, though it has slipped back below the JPY110 level, as lower yields and equities support the Japanese yen. The main story in the foreign exchange market today is the continued slide in the Chinese renminbi. The decline is the sharpest since the 2015 deval… read more...

Renminbi Slide Continues And Oil Extends Surge

via: SeekingAlpha at 2018-06-27 06:49:28:000

The US dollar is mostly firmer today, though it has slipped back below the JPY110 level, as lower yields and equities support the Japanese yen. The main story in the foreign exchange market today is the continued slide in the Chinese renminbi. The decline is the sharpest since the 2015 deval… read more...

Apple Pie And Harley-Davidson

via: SeekingAlpha at 2018-06-27 02:15:14:000

By Stephen Innes Say it ain't so China President Xi brought out the big guns: Warned leaders to be ready for a full-scale trade war with the US; also noted PBoC will refrain from buying US treasuries and will seek to reduce them "appropriately" - press citing Xi in meeting with other l… read more...

Apple Pie And Harley-Davidson

via: SeekingAlpha at 2018-06-27 02:15:14:000

By Stephen Innes Say it ain't so China President Xi brought out the big guns: Warned leaders to be ready for a full-scale trade war with the US; also noted PBoC will refrain from buying US treasuries and will seek to reduce them "appropriately" - press citing Xi in meeting with other l… read more...

Apple Pie And Harley-Davidson

via: SeekingAlpha at 2018-06-27 02:15:14:000

By Stephen Innes Say it ain't so China President Xi brought out the big guns: Warned leaders to be ready for a full-scale trade war with the US; also noted PBoC will refrain from buying US treasuries and will seek to reduce them "appropriately" - press citing Xi in meeting with other l… read more...

Forex Weekly: Ranking Major Currency Pairs - A Contrarian Overview

via: SeekingAlpha at 2018-06-26 11:01:36:000

As you know, once in a while, Splendid Exchange looks at seven major currency pairs in search of the evidence of popular delusions and the madness of crowds . The idea is to find anomalies and bullish or bearish divergences that will break the trend, not prolong it. It is a painful exercise, … read more...

Trade Tensions And Approaching Quarter-End Cast Pall Over Markets

via: SeekingAlpha at 2018-06-26 06:08:03:000

The global capital markets have stabilized today after yesterday's rout in equities, softer yields, and US dollar. The implementation of US tariffs on China and China's retaliatory tariffs on the US is still ten days off. The immediate focus is on actions expected to curb the technology… read more...

Not Out Of The Weeds Yet

via: SeekingAlpha at 2018-06-26 01:57:06:000

By Stephen Innes After yet another Monday morning equity meltdown in Asia and an equally poor showing across global equity markets, President Trump's lieutenants Mnuchin and Navarro issued an unequivocal denial the US is considering investment restriction on China. US equity markets have s… read more...

TRY Thumped After Erdogan Win

via: SeekingAlpha at 2018-06-25 08:02:53:000

By Dean Popplewell Monday June 25: Five things the markets are talking about Global stocks remain under pressure, as investors continues to analyze the impact of a trade spat between the world's two largest economies - US and China. Markets are beginning to get very nervous by th… read more...

Trade Tensions Weigh On Equities, Lift Yen

via: SeekingAlpha at 2018-06-25 07:25:11:000

Reports confirm that later this week, the US Treasury will announce new curbs on Chinese investment and trade. The US is considering preventing Chinese companies with a 25% (though could be lowered) government stake from buying US companies with industry significant technology. Also, the US… read more...

No Rest For The Weary

via: SeekingAlpha at 2018-06-25 04:29:22:000

By Stephen Innes Another Trade-induced meltdown New Curbs on China investment! Another barrage of potential tariffs along with the US administration looking to impose International Emergency Economic Powers Act of 1977 to prohibit Chinese firms from investing in the US technology sec… read more...

Technical Correction Spurred By Fundamental Trigger

via: SeekingAlpha at 2018-06-23 08:26:51:000

The Bank of England seems to purposefully like to surprise investors and managed to do so again last week, as three of the nine MPC members, including the chief economist, dissented in favor of an immediate hike. The move caught the market leaning the wrong way. A few hours before the announ… read more...

Technical Correction Spurred By Fundamental Trigger

via: SeekingAlpha at 2018-06-23 08:26:51:000

The Bank of England seems to purposefully like to surprise investors and managed to do so again last week, as three of the nine MPC members, including the chief economist, dissented in favor of an immediate hike. The move caught the market leaning the wrong way. A few hours before the announ… read more...

Platinum, CHF/USD, And Copper: 3 Extremely Crowded Trades

via: SeekingAlpha at 2018-06-23 06:46:04:000

Note: My approach for analyzing CoT data to reveal how different types of traders are positioned in the futures markets is outlined here . If you missed it, give the article a read to see the method behind my analysis. All data and images in this article come from my free website … read more...

Platinum, CHF/USD, And Copper: 3 Extremely Crowded Trades

via: SeekingAlpha at 2018-06-23 06:46:04:000

Note: My approach for analyzing CoT data to reveal how different types of traders are positioned in the futures markets is outlined here . If you missed it, give the article a read to see the method behind my analysis. All data and images in this article come from my free website … read more...

Oil Falls -2% As OPEC Nears Deal To Raise Production

via: SeekingAlpha at 2018-06-21 08:44:52:000

By Dean Popplewell Thursday June 21: Five things the markets are talking about Currently, there are many moving parts that are keeping capital market players on their toes. President Trump and Chancellor Merkel continue to deal with immigration policy worries, while trade and tariffs t… read more...

Onwards And Upwards

via: SeekingAlpha at 2018-06-21 02:15:58:000

By Stephen Innes Midday update Dollar watch is on Subtle USD appreciation setting in again with USDJPY +110.60 and EURUSD to 1.1560 has triggered a move lower in gold, which is now testing $1265 handle. The next tipping point is $1261 while topside resistance remains the previous… read more...

The Winds Of A Trade War Are Howling

via: SeekingAlpha at 2018-06-20 02:07:08:000

By Stephen Innes The winds of a trade war are howling as a tariff-induced polar vortex has frozen out investors dead in their tracks. It's been an intense 24 hours of attrition which has seen many a savvy investor fold like a cheap deck of card, but for those that survived the carnage, the… read more...

FX Market Analysis - 19 June 2018

via: SeekingAlpha at 2018-06-20 02:01:37:000

In this weeks webinar, Senior Market Analyst Craig Erlam discussed last weeks G7 summit, the trade spat between the US and China, the Federal Reserve decision, European Central Bank decision and upcoming Bank of England announcement, among other things. Craig also gives his l… read more...

America First Clashes With Made In China 2025

via: SeekingAlpha at 2018-06-19 08:35:52:000

The escalation of trade tensions between the world's two largest economies is scaring investors, who are liquidating equities and buying core bonds. The dollar and yen are the strongest of the major currencies. The Swiss franc is mostly steady as it too is benefiting from the unwinding of ri… read more...

Risk Off Moves Supported By Tit-For-Tat Trade Dispute

via: SeekingAlpha at 2018-06-19 07:55:01:000

By Dean Popplewell Tuesday June 19: Five things the markets are talking about The trade dispute between the two economic superpowers, US and China, is getting ugly very quickly and has triggered a global sell-off of riskier assets and flight toward safe haven assets. The fallout is pr… read more...

Dollar Rises On Falling Risk Appetite

via: SeekingAlpha at 2018-06-18 07:48:35:000

By Dean Popplewell Monday June 18: Five things the markets are talking about Global trade is again top of capital markets agenda, as dealers and investors are now officially worried about the intensifying confrontation between the US and China. Global equities are trading under pre… read more...

Mario Draghi, The Master Of The Dark Art Of Central Bank Communiqué

via: SeekingAlpha at 2018-06-18 02:38:08:000

By Stephen Innes After last week's dramatic price action dubbed "the biggest week of the year" we have another potpourri of events to side-track from the World Cup games this week. There's more than enough risk events to keep things exciting with a plethora of central bank decisions and sp… read more...

Renewed Confidence In Divergence

via: SeekingAlpha at 2018-06-17 10:13:57:000

The G3 central banks met, and the main takeaway is that the Federal Reserve will continue to hike interest rates, while the ECB confirmed it is still a year away from its first hike, which will begin with the deposit rate at minus 40 bp. The BOJ shaved its assessment of inflation, and alth… read more...

Commodities Recap For The Week Of June 15, 2018

via: SeekingAlpha at 2018-06-15 18:04:12:000

The ECB's Amazing Ability to Make a Hawkish Move Dovish This past week, the event that moved markets the most was not the apparently successful Singapore summit, nor was it the Fed meeting where the central bank hiked the Fed funds rate by 25 basis points and added another increase of the … read more...

Commodities Recap For The Week Of June 15, 2018

via: SeekingAlpha at 2018-06-15 18:04:12:000

The ECB's Amazing Ability to Make a Hawkish Move Dovish This past week, the event that moved markets the most was not the apparently successful Singapore summit, nor was it the Fed meeting where the central bank hiked the Fed funds rate by 25 basis points and added another increase of the … read more...

Dollar Slips While Escalating Trade Tensions May Roil Markets

via: SeekingAlpha at 2018-06-15 07:47:38:000

The Dollar Index edged higher to its best level this year before turning down as market attention shifts from central banks to trade tensions. Reports confirm that the US will go ahead with the 25% tariff on $50 bln of Chinese goods and provide some specificity today. The final list is expec… read more...

Dollar Slips While Escalating Trade Tensions May Roil Markets

via: SeekingAlpha at 2018-06-15 07:47:38:000

The Dollar Index edged higher to its best level this year before turning down as market attention shifts from central banks to trade tensions. Reports confirm that the US will go ahead with the 25% tariff on $50 bln of Chinese goods and provide some specificity today. The final list is expec… read more...

Dollar Is King, But Trade Tensions Cap Risk Appetite

via: SeekingAlpha at 2018-06-15 07:45:59:000

By Dean Popplewell Friday June 15: Five things the markets are talking about This was always going to be a big week for capital markets and it has not disappointed. Bond prices continue to rally and global equities trade under pressure as Sino- US trade tensions threaten to escalate,… read more...

Dollar Is King, But Trade Tensions Cap Risk Appetite

via: SeekingAlpha at 2018-06-15 07:45:59:000

By Dean Popplewell Friday June 15: Five things the markets are talking about This was always going to be a big week for capital markets and it has not disappointed. Bond prices continue to rally and global equities trade under pressure as Sino- US trade tensions threaten to escalate,… read more...

Australia consumer sentiment picks up in June

via: SeekingAlpha at 2018-06-13 13:01:47:000

Australian consumer sentiment increased 0.3% in June after two straight monthly declines as consumers felt more confident about their current and future family finances. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, Aberdeen Australia Equity … read more...

Australia consumer sentiment picks up in June

via: SeekingAlpha at 2018-06-13 13:01:47:000

Australian consumer sentiment increased 0.3% in June after two straight monthly declines as consumers felt more confident about their current and future family finances. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, Aberdeen Australia Equity … read more...

Fed To Hike, But What Next?

via: SeekingAlpha at 2018-06-13 07:58:11:000

By Dean Popplewell Wednesday June 13: Five things the markets are talking about Yesterday's data showed that US consumer prices climbed in May, a further sign price pressures stateside are solidifying. The Fed, which began its two-day policy meeting yesterday, is watching price data c… read more...

Fed To Hike, But What Next?

via: SeekingAlpha at 2018-06-13 07:58:11:000

By Dean Popplewell Wednesday June 13: Five things the markets are talking about Yesterday's data showed that US consumer prices climbed in May, a further sign price pressures stateside are solidifying. The Fed, which began its two-day policy meeting yesterday, is watching price data c… read more...

Dollar Seeks Central Bank Guidance

via: SeekingAlpha at 2018-06-12 08:17:29:000

By Dean Popplewell Tuesday June 12: Five things the markets are talking about The Trump-Kim summit came and went with little market movement. Instead, investors and dealers remain focused on a plethora of macro-events and data coming over the next few days. The meeting has produced muc… read more...

The ECB Could Be The Main Cause Of Market Volatility This Week

via: SeekingAlpha at 2018-06-12 06:00:00:000

Market volatility tends to come from events that happen in left field when few market participants are watching. Markets are efficient until they are not, and those times come from surprises. Over the course of my career that began in the early 1980s, I have found that the most significant mar… read more...

The Dollar's Correction May Not Be Over

via: SeekingAlpha at 2018-06-10 14:12:28:000

For the second week in a row, the US dollar moved lower against all the major currencies, save the Japanese yen. Broadly speaking, the technical indicators suggest the greenback's pullback may not be complete. We continue to view the price action as corrective in nature, after the strong per… read more...

The Dollar's Correction May Not Be Over

via: SeekingAlpha at 2018-06-10 14:12:28:000

For the second week in a row, the US dollar moved lower against all the major currencies, save the Japanese yen. Broadly speaking, the technical indicators suggest the greenback's pullback may not be complete. We continue to view the price action as corrective in nature, after the strong per… read more...

Market Scuttlebutt

via: SeekingAlpha at 2018-06-10 09:15:26:000

By Stephen Innes The mood is sour but the G-7 summit (dubbed the "G-6 plus one"), and the high-risk events of next week (FOMC, ECB, BoJ, Brexit votes) are massive. For the most part, traders choose to take their chips off the table awaiting more clarity on all fronts. The usual havens ar… read more...

Market Scuttlebutt

via: SeekingAlpha at 2018-06-10 09:15:26:000

By Stephen Innes The mood is sour but the G-7 summit (dubbed the "G-6 plus one"), and the high-risk events of next week (FOMC, ECB, BoJ, Brexit votes) are massive. For the most part, traders choose to take their chips off the table awaiting more clarity on all fronts. The usual havens ar… read more...

Currency Outlook: Anticipating U.S. Dollar Weakness Over The Long Term Despite The Recent Rebound

via: SeekingAlpha at 2018-06-10 07:11:04:000

Posted by Ray Uy, Head of Macro Research and Currency Portfolio Management on Jun 8, 2018, in Fixed Income US dollar: Neutral. We expect dollar weakness over the long term as global monetary policy converges toward the current US path and the Fed grows cautious due to softening inf… read more...

Currency Outlook: Anticipating U.S. Dollar Weakness Over The Long Term Despite The Recent Rebound

via: SeekingAlpha at 2018-06-10 07:11:04:000

Posted by Ray Uy, Head of Macro Research and Currency Portfolio Management on Jun 8, 2018, in Fixed Income US dollar: Neutral. We expect dollar weakness over the long term as global monetary policy converges toward the current US path and the Fed grows cautious due to softening inf… read more...

Dollar In Demand Ahead Of G6+1

via: SeekingAlpha at 2018-06-08 08:23:16:000

By Dean Popplewell Friday June 8: Five things the markets are talking about Global equities saw red overnight, as tech stocks continued their retreat in the Asian session, while in Europe, stocks has been hampered by disappointing industrial production data from Germany. All market n… read more...

Dollar In Demand Ahead Of G6+1

via: SeekingAlpha at 2018-06-08 08:23:16:000

By Dean Popplewell Friday June 8: Five things the markets are talking about Global equities saw red overnight, as tech stocks continued their retreat in the Asian session, while in Europe, stocks has been hampered by disappointing industrial production data from Germany. All market n… read more...

Dollar And Yen Rise Amid Heightened Anxiety

via: SeekingAlpha at 2018-06-08 07:31:05:000

With what promises to be an acrimonious G7 meeting, from which the isolated US President will depart early, and a broadening pressure in emerging markets, the US dollar turned a better bid late yesterday and is recovering further today. Disappointing April industrial production figures in Ge… read more...

Dollar And Yen Rise Amid Heightened Anxiety

via: SeekingAlpha at 2018-06-08 07:31:05:000

With what promises to be an acrimonious G7 meeting, from which the isolated US President will depart early, and a broadening pressure in emerging markets, the US dollar turned a better bid late yesterday and is recovering further today. Disappointing April industrial production figures in Ge… read more...

Let The Games Begin

via: SeekingAlpha at 2018-06-08 00:57:57:000

By Stephen Innes Maximus Pressure or Circus Maximus Both the S&P and Nasdaq fell overnight, snapping the 5-day winning streak as the tech sector sags. But entering the week's end, investors are taking another peek at the calendar and thinking that perhaps booking some profit is prude… read more...

Let The Games Begin

via: SeekingAlpha at 2018-06-08 00:57:57:000

By Stephen Innes Maximus Pressure or Circus Maximus Both the S&P and Nasdaq fell overnight, snapping the 5-day winning streak as the tech sector sags. But entering the week's end, investors are taking another peek at the calendar and thinking that perhaps booking some profit is prude… read more...

Dollar Softer Ahead Of G7 Summit

via: SeekingAlpha at 2018-06-07 08:27:02:000

By Dean Popplewell Thursday June 7: Five things the markets are talking about G6 + 1 Despite global equities extending gains overnight on growing investor confidence in global growth, the markets attentions is turning towards the G7 conference that begins tomorrow in Quebec, Canada… read more...

Dollar Pullback Extended Against Euro And Sterling

via: SeekingAlpha at 2018-06-07 06:30:18:000

The US dollar is mixed today, but its losses against the euro and sterling are giving it a heavier tone. We suspect the move is mostly corrective in nature, but recognize that investors have brought forward the first ECB rate hike from the September-October 2019 to next June. A week ago,… read more...

U.S. Equity Markets Defy Gravity

via: SeekingAlpha at 2018-06-07 01:27:42:000

By Stephen Innes Equity Markets US equity markets continue to defy gravity, extending the recent winning streak to four straight sessions. It was all about the financials as a series of coordinated hawkish comments came from ECB members that the end of QE will be top of the to-do list, w… read more...

Do Interest Rate Changes Foretell Forex Returns?

via: SeekingAlpha at 2018-06-06 13:17:45:000

Image source: Shutterstock Investment Thesis Goldman Sachs ( GS ) published a report analyzing the impact of interest rates on forex returns. Throughout 2017, analysts have noted that short-end interest rates in the U.S. have increased more than those in other major markets. But the… read more...

Australia's economy rebounds in first quarter, extends recession-free run

via: SeekingAlpha at 2018-06-06 09:43:17:000

Australia's economy grew at the fastest annual pace in almost two years at 3.1% Y/Y, but uncertainty over household consumption and global trade dimmed the outlook for future growth. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, WisdomTree Au… read more...

A Hawkish ECB Backs Up Yields And Supports EUR

via: SeekingAlpha at 2018-06-06 08:15:10:000

By Dean Popplewell Wednesday June 6: Five things the markets are talking about Global equities have extended their limited gains overnight on signs that major economies will avoid a fallout trade war. An outlier was Euro equities, which have stalled as the 'single' unit strengthened … read more...

Greenback Corrects Lower

via: SeekingAlpha at 2018-06-06 06:15:05:000

The consensus narrative is that with rising inflation it is understandable that next week's meeting is live and that the confirmation of such has lifted the euro to ten-day highs, dragging the dollar broadly. However, to accept this is to accept the debasement of language. Until now, we … read more...

The U.S. Dollar Has Been Checkmated By The Australians

via: SeekingAlpha at 2018-06-05 12:06:07:000

The AUD/USD currency pair ended the last week of May on a flat note. But this week the pair has managed to recover itself, as it commenced the month of June on a very sturdy note. This resulted in the duo breaking out from a box range pattern that it has been trading in for the last 10 days of… read more...

Dollar Moves Confined As Investors Look For Clues

via: SeekingAlpha at 2018-06-05 08:34:48:000

By Dean Popplewell Tuesday June 5: Five things the markets are talking about The risk rally remains afloat despite last week's geopolitical concerns and pending global tariff fall out. Capital markets seem content to regroup after recent developments. However, with President Trump st… read more...

Sterling Jumps Ahead, While U.S. Equities Have Small Coattails

via: SeekingAlpha at 2018-06-05 07:23:53:000

The British pound is benefiting from the stronger-than-expected service and composite PMI readings, which, among other things, are serving as a distraction from the government's seemingly tortured approach to Brexit and the sales of part of its stake in RBS for a GBP2 billion loss. Financia… read more...

RBA holds rates at record low

via: SeekingAlpha at 2018-06-05 02:45:34:000

Citing lukewarm inflation and wage growth, Australia's central bank held rates overnight at 1.5% for a 22nd straight meeting, but said it expects the countrys average GDP growth to accelerate to "a bit above" 3% in 2018 and 2019. More news on: iShares MSCI Australia ETF, Invesco … read more...

Investors Utterly Unfazed By Trade Tariffs

via: SeekingAlpha at 2018-06-05 01:11:33:000

By Stephen Innes Stock market investors remain utterly unfazed by the prospects of trade tariffs or even higher interest rates as consecutive monthly payroll numbers continue to support the Goldilocks economy sweet spot scenario. Employers are aggressively ramping up staff, but wages are r… read more...

Corrective Pressures Weigh On The Dollar

via: SeekingAlpha at 2018-06-04 07:09:32:000

The US dollar is broadly lower as corrective forces that were becoming evident in the second half of last week have carried over into today's activity. The greenback is lower against all the major and most emerging market currencies. Global equities have begun the new week on firm footing, a… read more...

Chasing One's Tail

via: SeekingAlpha at 2018-06-04 02:00:31:000

By Stephen Innes There's a lot less drama to start the week, but still plenty of possible noisemakers in play to keep things interesting. Global trade war tensions are on the rise again, so on the heels of the latest US administrations salvo of metal import tariffs, the market's focus will… read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

Technicals Warn Of Window For Dollar Correction

via: SeekingAlpha at 2018-06-02 15:57:11:000

The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead. The market had grown a bit skeptical of another hike after this month's anticipated Fed move during … read more...

McCullough: 'One Of The Most Epic Currency Moves Of Modern Times'

via: SeekingAlpha at 2018-06-01 14:39:25:000

A number of global currencies are slipping, sliding, and in some cases, crashing. We sincerely hope you were not part of the consensus crowd caught offsides by these recent moves. Calling this one of the most epic currency moves of modern times, Hedgeye CEO Keith McCullough… read more...

McCullough: 'One Of The Most Epic Currency Moves Of Modern Times'

via: SeekingAlpha at 2018-06-01 14:39:25:000

A number of global currencies are slipping, sliding, and in some cases, crashing. We sincerely hope you were not part of the consensus crowd caught offsides by these recent moves. Calling this one of the most epic currency moves of modern times, Hedgeye CEO Keith McCullough… read more...

McCullough: 'One Of The Most Epic Currency Moves Of Modern Times'

via: SeekingAlpha at 2018-06-01 14:39:25:000

A number of global currencies are slipping, sliding, and in some cases, crashing. We sincerely hope you were not part of the consensus crowd caught offsides by these recent moves. Calling this one of the most epic currency moves of modern times, Hedgeye CEO Keith McCullough… read more...

McCullough: 'One Of The Most Epic Currency Moves Of Modern Times'

via: SeekingAlpha at 2018-06-01 14:39:25:000

A number of global currencies are slipping, sliding, and in some cases, crashing. We sincerely hope you were not part of the consensus crowd caught offsides by these recent moves. Calling this one of the most epic currency moves of modern times, Hedgeye CEO Keith McCullough… read more...

McCullough: 'One Of The Most Epic Currency Moves Of Modern Times'

via: SeekingAlpha at 2018-06-01 14:39:25:000

A number of global currencies are slipping, sliding, and in some cases, crashing. We sincerely hope you were not part of the consensus crowd caught offsides by these recent moves. Calling this one of the most epic currency moves of modern times, Hedgeye CEO Keith McCullough… read more...

Trade War On, But Non-Farm Payroll Up Next

via: SeekingAlpha at 2018-06-01 07:07:47:000

Friday June 1: Five things the markets are talking about US fires the first shot in trade war Euro equities are looking to close out this wild week in the black, a week in which Euro politics and escalating trade tensions have shook markets. US Treasuries have edged … read more...

Trade War On, But Non-Farm Payroll Up Next

via: SeekingAlpha at 2018-06-01 07:07:47:000

Friday June 1: Five things the markets are talking about US fires the first shot in trade war Euro equities are looking to close out this wild week in the black, a week in which Euro politics and escalating trade tensions have shook markets. US Treasuries have edged … read more...

Trade War On, But Non-Farm Payroll Up Next

via: SeekingAlpha at 2018-06-01 07:07:47:000

Friday June 1: Five things the markets are talking about US fires the first shot in trade war Euro equities are looking to close out this wild week in the black, a week in which Euro politics and escalating trade tensions have shook markets. US Treasuries have edged … read more...

Trade War On, But Non-Farm Payroll Up Next

via: SeekingAlpha at 2018-06-01 07:07:47:000

Friday June 1: Five things the markets are talking about US fires the first shot in trade war Euro equities are looking to close out this wild week in the black, a week in which Euro politics and escalating trade tensions have shook markets. US Treasuries have edged … read more...

Trade War On, But Non-Farm Payroll Up Next

via: SeekingAlpha at 2018-06-01 07:07:47:000

Friday June 1: Five things the markets are talking about US fires the first shot in trade war Euro equities are looking to close out this wild week in the black, a week in which Euro politics and escalating trade tensions have shook markets. US Treasuries have edged … read more...

As Risk Sentiment Improves Dollar Bulls Sell

via: SeekingAlpha at 2018-05-31 08:40:40:000

By Dean Popplewell Thursday May 31: Five things the markets are talking about Global equities are currently receiving some investor appreciation, rebounding from a two-month trough along with the EUR as the political turmoil in Italy that shook financial markets this week shows signs o… read more...

Don't Confuse Calmer Markets With Resolution

via: SeekingAlpha at 2018-05-31 07:35:05:000

The global capital markets that were in panic mode on Tuesday stabilized yesterday, and corrective forces have carried into today's activity. However, the underlying issues in Italy and Spain are hardly clarified in the past 48 hours. Moreover, the US push on trade is intensifying again… read more...

Daily State Of The Markets: Is Italeave The Next Problem?

via: SeekingAlpha at 2018-05-30 09:56:31:000

Well, that was interesting. I don't know about you, but I had a pretty severe case of dj vu yesterday as the global markets freaked out over the potential for an "Italeave." We've definitely seen this movie before as the European banking crisis dominated the markets from 2010 throu… read more...

Daily State Of The Markets: Is Italeave The Next Problem?

via: SeekingAlpha at 2018-05-30 09:56:31:000

Well, that was interesting. I don't know about you, but I had a pretty severe case of dj vu yesterday as the global markets freaked out over the potential for an "Italeave." We've definitely seen this movie before as the European banking crisis dominated the markets from 2010 throu… read more...

Bank Of Canada Next

via: SeekingAlpha at 2018-05-30 07:10:09:000

By Dean Popplewell Wednesday May 30: Five things the markets are talking about The Bank of Canada (BoC) is expected to leave its benchmark interest rate unchanged (+1.25%) during its policy meeting today (10:00 am EDT) amid concern over slowing housing markets and stalled NAFTA trade n… read more...

Bank Of Canada Next

via: SeekingAlpha at 2018-05-30 07:10:09:000

By Dean Popplewell Wednesday May 30: Five things the markets are talking about The Bank of Canada (BoC) is expected to leave its benchmark interest rate unchanged (+1.25%) during its policy meeting today (10:00 am EDT) amid concern over slowing housing markets and stalled NAFTA trade n… read more...

Dollar And Yen Surge

via: SeekingAlpha at 2018-05-29 07:38:49:000

The world looks in turmoil, and the dollar and yen are the chief beneficiaries. The epicenter of the tension is in Europe, and the euro has been sold to near $1.15 and sterling to $1.3200. The dollar slumped a little through JPY108.45, its lowest level since April 23. The dollar is higher ag… read more...

Dollar And Yen Surge

via: SeekingAlpha at 2018-05-29 07:38:49:000

The world looks in turmoil, and the dollar and yen are the chief beneficiaries. The epicenter of the tension is in Europe, and the euro has been sold to near $1.15 and sterling to $1.3200. The dollar slumped a little through JPY108.45, its lowest level since April 23. The dollar is higher ag… read more...

Dollar And Yen Surge

via: SeekingAlpha at 2018-05-29 07:38:49:000

The world looks in turmoil, and the dollar and yen are the chief beneficiaries. The epicenter of the tension is in Europe, and the euro has been sold to near $1.15 and sterling to $1.3200. The dollar slumped a little through JPY108.45, its lowest level since April 23. The dollar is higher ag… read more...

Cattle Cull To Support Kiwi Dollar

via: SeekingAlpha at 2018-05-28 06:44:17:000

Monday, May 28: Five things the markets are talking about Global equities are trading higher in this holiday-shortened trading week in a risk-on mood, buoyed by signs that a U.S./North Korea summit is back on track. In Europe, the EUR has found some relief after Italian President Sergio … read more...

Cattle Cull To Support Kiwi Dollar

via: SeekingAlpha at 2018-05-28 06:44:17:000

Monday, May 28: Five things the markets are talking about Global equities are trading higher in this holiday-shortened trading week in a risk-on mood, buoyed by signs that a U.S./North Korea summit is back on track. In Europe, the EUR has found some relief after Italian President Sergio … read more...

Cattle Cull To Support Kiwi Dollar

via: SeekingAlpha at 2018-05-28 06:44:17:000

Monday, May 28: Five things the markets are talking about Global equities are trading higher in this holiday-shortened trading week in a risk-on mood, buoyed by signs that a U.S./North Korea summit is back on track. In Europe, the EUR has found some relief after Italian President Sergio … read more...

This Week In Money - May 26, 2018

via: SeekingAlpha at 2018-05-27 02:51:48:000

Bob Hoye Gold and oil Eric Hadik Cryptocurrencies, currencies Ed Steer Gold, silver and GATA Larry Reaugh - President & CEO of American Manganese Inc. Jim Pettit - President & CEO of Aben Resources Ltd. Produced b… read more...

This Week In Money - May 26, 2018

via: SeekingAlpha at 2018-05-27 02:51:48:000

Bob Hoye Gold and oil Eric Hadik Cryptocurrencies, currencies Ed Steer Gold, silver and GATA Larry Reaugh - President & CEO of American Manganese Inc. Jim Pettit - President & CEO of Aben Resources Ltd. Produced b… read more...

This Week In Money - May 26, 2018

via: SeekingAlpha at 2018-05-27 02:51:48:000

Bob Hoye Gold and oil Eric Hadik Cryptocurrencies, currencies Ed Steer Gold, silver and GATA Larry Reaugh - President & CEO of American Manganese Inc. Jim Pettit - President & CEO of Aben Resources Ltd. Produced b… read more...

This Week In Money - May 26, 2018

via: SeekingAlpha at 2018-05-27 02:51:48:000

Bob Hoye Gold and oil Eric Hadik Cryptocurrencies, currencies Ed Steer Gold, silver and GATA Larry Reaugh - President & CEO of American Manganese Inc. Jim Pettit - President & CEO of Aben Resources Ltd. Produced b… read more...

Greenback's Advance Narrows

via: SeekingAlpha at 2018-05-26 07:54:26:000

The US dollar was mixed last week. After reaching a four-month high against the JPY111.40, it tumbled below JPY109 by the end of the week, ending an eight-week advance with an exclamation point. The euro, on the other hand, saw its push lower extended for the fifth week. The euro has ri… read more...

Greenback's Advance Narrows

via: SeekingAlpha at 2018-05-26 07:54:26:000

The US dollar was mixed last week. After reaching a four-month high against the JPY111.40, it tumbled below JPY109 by the end of the week, ending an eight-week advance with an exclamation point. The euro, on the other hand, saw its push lower extended for the fifth week. The euro has ri… read more...

Greenback's Advance Narrows

via: SeekingAlpha at 2018-05-26 07:54:26:000

The US dollar was mixed last week. After reaching a four-month high against the JPY111.40, it tumbled below JPY109 by the end of the week, ending an eight-week advance with an exclamation point. The euro, on the other hand, saw its push lower extended for the fifth week. The euro has ri… read more...

Greenback's Advance Narrows

via: SeekingAlpha at 2018-05-26 07:54:26:000

The US dollar was mixed last week. After reaching a four-month high against the JPY111.40, it tumbled below JPY109 by the end of the week, ending an eight-week advance with an exclamation point. The euro, on the other hand, saw its push lower extended for the fifth week. The euro has ri… read more...

Greenback's Advance Narrows

via: SeekingAlpha at 2018-05-26 07:54:26:000

The US dollar was mixed last week. After reaching a four-month high against the JPY111.40, it tumbled below JPY109 by the end of the week, ending an eight-week advance with an exclamation point. The euro, on the other hand, saw its push lower extended for the fifth week. The euro has ri… read more...

Trade War Talks Are Back And The Dollar Is Falling

via: SeekingAlpha at 2018-05-24 07:04:21:000

By Dean Popplewell Thursday May 24: Five things the markets are talking about Global stock markets remain under pressure as investors shun risk assets for relative safe havens. Rising Italian bond yields, fading prospects for the North Korea summit, disintegrating EM currencies, and … read more...

Trade War Talks Are Back And The Dollar Is Falling

via: SeekingAlpha at 2018-05-24 07:04:21:000

By Dean Popplewell Thursday May 24: Five things the markets are talking about Global stock markets remain under pressure as investors shun risk assets for relative safe havens. Rising Italian bond yields, fading prospects for the North Korea summit, disintegrating EM currencies, and … read more...

Trade War Talks Are Back And The Dollar Is Falling

via: SeekingAlpha at 2018-05-24 07:04:21:000

By Dean Popplewell Thursday May 24: Five things the markets are talking about Global stock markets remain under pressure as investors shun risk assets for relative safe havens. Rising Italian bond yields, fading prospects for the North Korea summit, disintegrating EM currencies, and … read more...

Trade War Talks Are Back And The Dollar Is Falling

via: SeekingAlpha at 2018-05-24 07:04:21:000

By Dean Popplewell Thursday May 24: Five things the markets are talking about Global stock markets remain under pressure as investors shun risk assets for relative safe havens. Rising Italian bond yields, fading prospects for the North Korea summit, disintegrating EM currencies, and … read more...

The SCANNZ Economies

via: SeekingAlpha at 2018-05-24 02:20:14:000

I wanted to revisit this topic, as some of the data have been updated - and it doesn't make things look any better for this group. Firstly - the "SCANNZ Economies" stands for Sweden, Canada, Australia, Norway, and New Zealand. Think of it as another kind of fragile 5, this time a developed mar… read more...

The SCANNZ Economies

via: SeekingAlpha at 2018-05-24 02:20:14:000

I wanted to revisit this topic, as some of the data have been updated - and it doesn't make things look any better for this group. Firstly - the "SCANNZ Economies" stands for Sweden, Canada, Australia, Norway, and New Zealand. Think of it as another kind of fragile 5, this time a developed mar… read more...

The SCANNZ Economies

via: SeekingAlpha at 2018-05-24 02:20:14:000

I wanted to revisit this topic, as some of the data have been updated - and it doesn't make things look any better for this group. Firstly - the "SCANNZ Economies" stands for Sweden, Canada, Australia, Norway, and New Zealand. Think of it as another kind of fragile 5, this time a developed mar… read more...

The SCANNZ Economies

via: SeekingAlpha at 2018-05-24 02:20:14:000

I wanted to revisit this topic, as some of the data have been updated - and it doesn't make things look any better for this group. Firstly - the "SCANNZ Economies" stands for Sweden, Canada, Australia, Norway, and New Zealand. Think of it as another kind of fragile 5, this time a developed mar… read more...

Turkish Lira Collapse Continues

via: SeekingAlpha at 2018-05-23 07:05:25:000

By Dean Popplewell Wednesday May 23: Five things the markets are talking about Geopolitical risks from Turkey to N. Korea, from China to Italy, have pressured global equities in overnight trade. US Treasuries, along with the 'mighty' dollar have found support, while crude oil prices d… read more...

Turkish Lira Collapse Continues

via: SeekingAlpha at 2018-05-23 07:05:25:000

By Dean Popplewell Wednesday May 23: Five things the markets are talking about Geopolitical risks from Turkey to N. Korea, from China to Italy, have pressured global equities in overnight trade. US Treasuries, along with the 'mighty' dollar have found support, while crude oil prices d… read more...

Turkish Lira Collapse Continues

via: SeekingAlpha at 2018-05-23 07:05:25:000

By Dean Popplewell Wednesday May 23: Five things the markets are talking about Geopolitical risks from Turkey to N. Korea, from China to Italy, have pressured global equities in overnight trade. US Treasuries, along with the 'mighty' dollar have found support, while crude oil prices d… read more...

Trade Ceasefire Supports Risk Assets

via: SeekingAlpha at 2018-05-22 08:36:50:000

By Dean Popplewell Tuesday May 22: Five things the markets are talking about Markets traded mixed overnight, with global equities drifting and a number of risk currencies finding support as investors digest easing trade tensions and the latest comments from a plethora of central bank m… read more...

Is Turnaround Tuesday Nearly Over Already?

via: SeekingAlpha at 2018-05-22 06:19:19:000

Corrective forces that took hold in the foreign exchange market yesterday extended their hold today. However, a cent bounce from yesterday's lows has seen new sales of euro and sterling emerge, and the greenback found bids below JPY111.00. There is a $600 mln option struck there that wi… read more...

Commodity Currencies Are Beaming

via: SeekingAlpha at 2018-05-22 01:46:22:000

By Stephen Innes Currency Markets The US dollar has given up some of its gains overnight as investors' keenness for greenbacks has temporarily abated. The shifting dynamics around trade and tariffs does give pause for thought, as US dollar bulls are consolidating gains at a very tricky a… read more...

Market Response To De-Escalation Of Sino-American Trade Tensions: Meh

via: SeekingAlpha at 2018-05-21 07:28:24:000

There have been two major developments over the weekend. First, the US and China appear to have struck an agreement in principle that will reduce the bilateral imbalance. The precise details have yet to be worked out, but the progress has been sufficient for US Treasury Secretary Mnuchin to … read more...

Commodities And Currencies Set To Move Higher

via: SeekingAlpha at 2018-05-21 05:38:00:000

Commodities price hit significant bottoms in late 2015 and early 2016. The price of lumber fell to a low of $214.40 per 1,000 board feet in September 2015. Iron ore, the primary ingredient in steel found its low in December 2015 at $38.03 per ton. Gold dropped to $1046.20 during the same month… read more...

A Test Of The Breakouts

via: SeekingAlpha at 2018-05-21 02:16:07:000

By Stephen Innes This week should be all about contesting and consolidating last week's significant breakouts in 10-year UST, EURUSD, USDJPY and oil prices. And despite weekend-inspired short-covering in US fixed income, we've seen a weekly close in US 10-year above 3.05%. And with the Bak… read more...

Dollar Surge Continues

via: SeekingAlpha at 2018-05-19 13:49:50:000

The US dollar is experiencing a powerful surge. It is a function of rising US rates and gradually growing confidence that the Federal Reserve may hike rates three more times this year rather than the two that the median Fed forecast (March dot plot) anticipated. The dollar's ad… read more...

Italian Politics Pounds Euro

via: SeekingAlpha at 2018-05-16 07:09:17:000

By Dean Popplewell Wednesday May 16: Five things the markets are talking about Investors continue to grapple with worries around global trade, growth and geopolitics. Overnight in Asia, equities dipped after N. Korea's Pyongyang abruptly called off talks with Seoul, throwing a US/N. … read more...

Italian Politics Pounds Euro

via: SeekingAlpha at 2018-05-16 07:09:17:000

By Dean Popplewell Wednesday May 16: Five things the markets are talking about Investors continue to grapple with worries around global trade, growth and geopolitics. Overnight in Asia, equities dipped after N. Korea's Pyongyang abruptly called off talks with Seoul, throwing a US/N. … read more...

Italian Politics Pounds Euro

via: SeekingAlpha at 2018-05-16 07:09:17:000

By Dean Popplewell Wednesday May 16: Five things the markets are talking about Investors continue to grapple with worries around global trade, growth and geopolitics. Overnight in Asia, equities dipped after N. Korea's Pyongyang abruptly called off talks with Seoul, throwing a US/N. … read more...

Rate Differentials And Trade Fears Handcuff Capital Markets

via: SeekingAlpha at 2018-05-15 07:22:46:000

By Dean Popplewell Tuesday May 15: Five things the markets are talking about Risk-off trading action and higher sovereign yields dominated capital markets overnight session. Euro stocks continue to struggle for traction following Australasia mixed equity session as investors grappled… read more...

Rate Differentials And Trade Fears Handcuff Capital Markets

via: SeekingAlpha at 2018-05-15 07:22:46:000

By Dean Popplewell Tuesday May 15: Five things the markets are talking about Risk-off trading action and higher sovereign yields dominated capital markets overnight session. Euro stocks continue to struggle for traction following Australasia mixed equity session as investors grappled… read more...

Rate Differentials And Trade Fears Handcuff Capital Markets

via: SeekingAlpha at 2018-05-15 07:22:46:000

By Dean Popplewell Tuesday May 15: Five things the markets are talking about Risk-off trading action and higher sovereign yields dominated capital markets overnight session. Euro stocks continue to struggle for traction following Australasia mixed equity session as investors grappled… read more...

Firm U.S. Rates Underpin Greenback

via: SeekingAlpha at 2018-05-15 06:49:43:000

US 10-year rates are again probing the air above 3%, and this is encouraging a push back toward JPY110, with the euro slipping toward $1.19. Asian equities fell, with the MSCI Asia Pacific shedding 0.8%, the most in nearly a month, snapping a three-day advance. China and India were… read more...

Firm U.S. Rates Underpin Greenback

via: SeekingAlpha at 2018-05-15 06:49:43:000

US 10-year rates are again probing the air above 3%, and this is encouraging a push back toward JPY110, with the euro slipping toward $1.19. Asian equities fell, with the MSCI Asia Pacific shedding 0.8%, the most in nearly a month, snapping a three-day advance. China and India were… read more...

Firm U.S. Rates Underpin Greenback

via: SeekingAlpha at 2018-05-15 06:49:43:000

US 10-year rates are again probing the air above 3%, and this is encouraging a push back toward JPY110, with the euro slipping toward $1.19. Asian equities fell, with the MSCI Asia Pacific shedding 0.8%, the most in nearly a month, snapping a three-day advance. China and India were… read more...

FX Corner: 'Which Way For The USD?' Plus AUDJPY And USDCHF Trade Ideas

via: SeekingAlpha at 2018-05-14 17:30:52:000

I've got a few key issues to write about here with the main issue pertaining to USD direction. In FX, this is absolutely key, and in recent weeks, I have changed my USD bias from being long term bearish to actually being bullish due to underlying money market fundamentals. There's two trade … read more...

FX Corner: 'Which Way For The USD?' Plus AUDJPY And USDCHF Trade Ideas

via: SeekingAlpha at 2018-05-14 17:30:52:000

I've got a few key issues to write about here with the main issue pertaining to USD direction. In FX, this is absolutely key, and in recent weeks, I have changed my USD bias from being long term bearish to actually being bullish due to underlying money market fundamentals. There's two trade … read more...

FX Corner: 'Which Way For The USD?' Plus AUDJPY And USDCHF Trade Ideas

via: SeekingAlpha at 2018-05-14 17:30:52:000

I've got a few key issues to write about here with the main issue pertaining to USD direction. In FX, this is absolutely key, and in recent weeks, I have changed my USD bias from being long term bearish to actually being bullish due to underlying money market fundamentals. There's two trade … read more...

U.S. Dollar Slips In Quiet Turnover

via: SeekingAlpha at 2018-05-14 07:03:40:000

The US dollar is sporting a softer profile against most of the major and emerging market currencies to start the new week. It already seemed to be tiring in the second half of last week. With today's mild losses, the Dollar Index is off for a fourth consecutive session, the longest losing s… read more...

U.S. Dollar Slips In Quiet Turnover

via: SeekingAlpha at 2018-05-14 07:03:40:000

The US dollar is sporting a softer profile against most of the major and emerging market currencies to start the new week. It already seemed to be tiring in the second half of last week. With today's mild losses, the Dollar Index is off for a fourth consecutive session, the longest losing s… read more...

U.S. Dollar Slips In Quiet Turnover

via: SeekingAlpha at 2018-05-14 07:03:40:000

The US dollar is sporting a softer profile against most of the major and emerging market currencies to start the new week. It already seemed to be tiring in the second half of last week. With today's mild losses, the Dollar Index is off for a fourth consecutive session, the longest losing s… read more...

A Crowded Tale Of The Tape

via: SeekingAlpha at 2018-05-14 01:41:05:000

By Stephen Innes Global equity markets revelled in their most favourable showing since early March, after clement CPI figures led to hopes of a Goldilocks economy in the US. But as senescent as this view is becoming, with the Federal Reserve Board looking to remove emergency accommodation,… read more...

A Crowded Tale Of The Tape

via: SeekingAlpha at 2018-05-14 01:41:05:000

By Stephen Innes Global equity markets revelled in their most favourable showing since early March, after clement CPI figures led to hopes of a Goldilocks economy in the US. But as senescent as this view is becoming, with the Federal Reserve Board looking to remove emergency accommodation,… read more...

A Crowded Tale Of The Tape

via: SeekingAlpha at 2018-05-14 01:41:05:000

By Stephen Innes Global equity markets revelled in their most favourable showing since early March, after clement CPI figures led to hopes of a Goldilocks economy in the US. But as senescent as this view is becoming, with the Federal Reserve Board looking to remove emergency accommodation,… read more...

Breather In Dollar Rally Has Begun

via: SeekingAlpha at 2018-05-12 15:37:12:000

The US dollar has been on such a strong advance that some investors and journalists may suspect that there is a shortage of dollars. The Dollar Index rise has been relentless, appreciating in all but one week in each of the past three months. The US dollar is now higher on the year against m… read more...

$110 Billion: The Massive Spec Long Position In Stock Futures

via: SeekingAlpha at 2018-05-11 16:00:30:000

Note: My approach for analyzing CoT data to reveal how different types of traders are positioned in the futures markets is outlined here . If you missed it, give the article a read to see the method behind my analysis. All data and images in this article come from my free website … read more...

Loonie Looking For Further Gains

via: SeekingAlpha at 2018-05-11 09:34:41:000

By Dean Popplewell Friday May 11: Five things the markets are talking about Yesterday's US inflation data, which came in lower than expected at +0.2% vs. +0.3% m/m, has possibly removed some pressure from the Fed to step up the pace of monetary tightening. In the overnight session, th… read more...

Dollar Momentum Sapped, Near-Term Pullback Likely

via: SeekingAlpha at 2018-05-11 08:27:06:000

The US dollar pulled back following yesterday's slightly softer-than-expected CPI report, and this likely marks the beginning of a new phase, with the dollar moving lower. Investors have learned over the past two weeks that neither wages nor consumer prices are accelerating. There is little … read more...

USD Under Pressure As Traders Eye U.S. Inflation

via: SeekingAlpha at 2018-02-13 09:17:50:000

By Dean Popplewell Tuesday February 13: Five things the markets are talking about Euro equities are trading steady despite a late down swing in Asia, as investors wrestle to find direction after this month's early collapse. The dollar has weakened against G10 currency pairs while Tre… read more...

A Day Of Calm

via: SeekingAlpha at 2018-02-13 05:14:28:000

Equity markets have begun the week on a somewhat positive note not picking up from Friday's rebound as bargain hunters have returned on the first sign of stability. I guess if you owned a stock for fundamental reasons seven days ago, and its 5% lower this week, why not add to the portfolio? So… read more...

Equity Markets Find Firmer Footing, Dollar Softens

via: SeekingAlpha at 2018-02-12 06:51:38:000

The most important development today has been the stability in the equity markets after last week's meltdown. The recovery from new lows in the US before the weekend set the tone for today's moves. Tokyo markets were on holiday, and the MSCI Asia Pacific Index excluding Japan snapped a se… read more...

Equity Markets Find Firmer Footing, Dollar Softens

via: SeekingAlpha at 2018-02-12 06:51:38:000

The most important development today has been the stability in the equity markets after last week's meltdown. The recovery from new lows in the US before the weekend set the tone for today's moves. Tokyo markets were on holiday, and the MSCI Asia Pacific Index excluding Japan snapped a se… read more...

This Too Shall Pass

via: SeekingAlpha at 2018-02-12 03:50:58:000

By Stephen Innes It seems anytime I left my desk last week the market was sure to fall apart, but after witnessing 25+ years of market corrections, I know storms don't last forever, and as far as the recent bout of market mayhem is concerned, this too shall pass. Traders quickly conjectu… read more...

This Too Shall Pass

via: SeekingAlpha at 2018-02-12 03:50:58:000

By Stephen Innes It seems anytime I left my desk last week the market was sure to fall apart, but after witnessing 25+ years of market corrections, I know storms don't last forever, and as far as the recent bout of market mayhem is concerned, this too shall pass. Traders quickly conjectu… read more...

Can The Dollar Remain Firm If The Equity Bloodletting Is Over?

via: SeekingAlpha at 2018-02-11 05:37:08:000

The key development in the capital markets last week was the dramatic equity market losses, and as we will discuss below, the strong recovery in the US markets ahead of the weekend, which is the kind of climactic price action that marks an extreme. Most major markets are off more than 10% fr… read more...

Can The Dollar Remain Firm If The Equity Bloodletting Is Over?

via: SeekingAlpha at 2018-02-11 05:37:08:000

The key development in the capital markets last week was the dramatic equity market losses, and as we will discuss below, the strong recovery in the US markets ahead of the weekend, which is the kind of climactic price action that marks an extreme. Most major markets are off more than 10% fr… read more...

Can The Dollar Remain Firm If The Equity Bloodletting Is Over?

via: SeekingAlpha at 2018-02-11 05:37:08:000

The key development in the capital markets last week was the dramatic equity market losses, and as we will discuss below, the strong recovery in the US markets ahead of the weekend, which is the kind of climactic price action that marks an extreme. Most major markets are off more than 10% fr… read more...

Equity Sell-Off Extends To Asia, But More Muted In Europe

via: SeekingAlpha at 2018-02-09 07:01:56:000

The 100-point slide in the S&P 500 and the 1000-point drop in the Dow Jones Industrials yesterday spurred more bloodletting in Asia. The 1.8% drop in the MSCI Asia Pacific Index (for a 6.7% loss for the week) may conceal the magnitude of the regional losses. At one point the CSI 300 of … read more...

Equity Sell-Off Extends To Asia, But More Muted In Europe

via: SeekingAlpha at 2018-02-09 07:01:56:000

The 100-point slide in the S&P 500 and the 1000-point drop in the Dow Jones Industrials yesterday spurred more bloodletting in Asia. The 1.8% drop in the MSCI Asia Pacific Index (for a 6.7% loss for the week) may conceal the magnitude of the regional losses. At one point the CSI 300 of … read more...

Equity Sell-Off Extends To Asia, But More Muted In Europe

via: SeekingAlpha at 2018-02-09 07:01:56:000

The 100-point slide in the S&P 500 and the 1000-point drop in the Dow Jones Industrials yesterday spurred more bloodletting in Asia. The 1.8% drop in the MSCI Asia Pacific Index (for a 6.7% loss for the week) may conceal the magnitude of the regional losses. At one point the CSI 300 of … read more...

Equity Sell-Off Extends To Asia, But More Muted In Europe

via: SeekingAlpha at 2018-02-09 07:01:56:000

The 100-point slide in the S&P 500 and the 1000-point drop in the Dow Jones Industrials yesterday spurred more bloodletting in Asia. The 1.8% drop in the MSCI Asia Pacific Index (for a 6.7% loss for the week) may conceal the magnitude of the regional losses. At one point the CSI 300 of … read more...

Equity Sell-Off Extends To Asia, But More Muted In Europe

via: SeekingAlpha at 2018-02-09 07:01:56:000

The 100-point slide in the S&P 500 and the 1000-point drop in the Dow Jones Industrials yesterday spurred more bloodletting in Asia. The 1.8% drop in the MSCI Asia Pacific Index (for a 6.7% loss for the week) may conceal the magnitude of the regional losses. At one point the CSI 300 of … read more...

Pound Jumps On 'Hawkish' BoE

via: SeekingAlpha at 2018-02-08 09:29:31:000

By Dean Popplewell Thursday February 8: Five things the markets are talking about The global equity markets remain unnerved as US bond yields again trade atop of their four-year highs after US congressional leaders reached a two-year budget deal to raise government spending by almost… read more...

Pound Jumps On 'Hawkish' BoE

via: SeekingAlpha at 2018-02-08 09:29:31:000

By Dean Popplewell Thursday February 8: Five things the markets are talking about The global equity markets remain unnerved as US bond yields again trade atop of their four-year highs after US congressional leaders reached a two-year budget deal to raise government spending by almost… read more...

Pound Jumps On 'Hawkish' BoE

via: SeekingAlpha at 2018-02-08 09:29:31:000

By Dean Popplewell Thursday February 8: Five things the markets are talking about The global equity markets remain unnerved as US bond yields again trade atop of their four-year highs after US congressional leaders reached a two-year budget deal to raise government spending by almost… read more...

Pound Jumps On 'Hawkish' BoE

via: SeekingAlpha at 2018-02-08 09:29:31:000

By Dean Popplewell Thursday February 8: Five things the markets are talking about The global equity markets remain unnerved as US bond yields again trade atop of their four-year highs after US congressional leaders reached a two-year budget deal to raise government spending by almost… read more...

Dollar Firms, While Equities Search For Stability

via: SeekingAlpha at 2018-02-08 07:41:07:000

The swings in the equity markets are subsiding, bond yields are firm and the US dollar is extending its recovery. Although US equities closed lower, the MSCI Asia Pacific Index snapped a four-day drop by posting a 0.25% gain. However, the MSCI Emerging Markets Index is off nearly as much,… read more...

Dollar Firms, While Equities Search For Stability

via: SeekingAlpha at 2018-02-08 07:41:07:000

The swings in the equity markets are subsiding, bond yields are firm and the US dollar is extending its recovery. Although US equities closed lower, the MSCI Asia Pacific Index snapped a four-day drop by posting a 0.25% gain. However, the MSCI Emerging Markets Index is off nearly as much,… read more...

Dollar Firms, While Equities Search For Stability

via: SeekingAlpha at 2018-02-08 07:41:07:000

The swings in the equity markets are subsiding, bond yields are firm and the US dollar is extending its recovery. Although US equities closed lower, the MSCI Asia Pacific Index snapped a four-day drop by posting a 0.25% gain. However, the MSCI Emerging Markets Index is off nearly as much,… read more...

Dollar Firms, While Equities Search For Stability

via: SeekingAlpha at 2018-02-08 07:41:07:000

The swings in the equity markets are subsiding, bond yields are firm and the US dollar is extending its recovery. Although US equities closed lower, the MSCI Asia Pacific Index snapped a four-day drop by posting a 0.25% gain. However, the MSCI Emerging Markets Index is off nearly as much,… read more...

Market Jitters Remain

via: SeekingAlpha at 2018-02-08 01:36:22:000

By Stephen Innes US stocks toppled again on Wednesday in a choppy and messy fashion after a dispirited US Treasury auction revived concerns about a hawkish Fed, unnerving investors already spooked after the rapid climb in US Treasuries apparently ignited a jump in the CBOE Volatility index… read more...

Market Jitters Remain

via: SeekingAlpha at 2018-02-08 01:36:22:000

By Stephen Innes US stocks toppled again on Wednesday in a choppy and messy fashion after a dispirited US Treasury auction revived concerns about a hawkish Fed, unnerving investors already spooked after the rapid climb in US Treasuries apparently ignited a jump in the CBOE Volatility index… read more...

Market Jitters Remain

via: SeekingAlpha at 2018-02-08 01:36:22:000

By Stephen Innes US stocks toppled again on Wednesday in a choppy and messy fashion after a dispirited US Treasury auction revived concerns about a hawkish Fed, unnerving investors already spooked after the rapid climb in US Treasuries apparently ignited a jump in the CBOE Volatility index… read more...

Market Jitters Remain

via: SeekingAlpha at 2018-02-08 01:36:22:000

By Stephen Innes US stocks toppled again on Wednesday in a choppy and messy fashion after a dispirited US Treasury auction revived concerns about a hawkish Fed, unnerving investors already spooked after the rapid climb in US Treasuries apparently ignited a jump in the CBOE Volatility index… read more...

Major Currencies Year To Date

via: SeekingAlpha at 2018-02-07 14:30:41:000

This Great Graphic was created on Bloomberg. It shows five major currencies against the US dollar this year. To avoid giving a misleading impression, the currencies are index to start this year at 100 and all the currencies are quoted in the European style of how many dollars the currency… read more...

Major Currencies Year To Date

via: SeekingAlpha at 2018-02-07 14:30:41:000

This Great Graphic was created on Bloomberg. It shows five major currencies against the US dollar this year. To avoid giving a misleading impression, the currencies are index to start this year at 100 and all the currencies are quoted in the European style of how many dollars the currency… read more...

Major Currencies Year To Date

via: SeekingAlpha at 2018-02-07 14:30:41:000

This Great Graphic was created on Bloomberg. It shows five major currencies against the US dollar this year. To avoid giving a misleading impression, the currencies are index to start this year at 100 and all the currencies are quoted in the European style of how many dollars the currency… read more...

Australian Dollar: A Bull Market With Caveats

via: SeekingAlpha at 2018-02-07 08:55:00:000

For a currency that strengthens when global growth accelerates, recent moves in the Australian dollar have been fairly disappointing. While the currency rocketed higher between mid-December and late January, the Australian dollar has sold off sharply in recent weeks. The currency first began w… read more...

Australian Dollar: A Bull Market With Caveats

via: SeekingAlpha at 2018-02-07 08:55:00:000

For a currency that strengthens when global growth accelerates, recent moves in the Australian dollar have been fairly disappointing. While the currency rocketed higher between mid-December and late January, the Australian dollar has sold off sharply in recent weeks. The currency first began w… read more...

Australian Dollar: A Bull Market With Caveats

via: SeekingAlpha at 2018-02-07 08:55:00:000

For a currency that strengthens when global growth accelerates, recent moves in the Australian dollar have been fairly disappointing. While the currency rocketed higher between mid-December and late January, the Australian dollar has sold off sharply in recent weeks. The currency first began w… read more...

Beware: FX Space Is Calm, But Appearances Can Be Deceiving

via: SeekingAlpha at 2018-02-07 08:15:36:000

By Dean Popplewell Wednesday February 7: Five things the markets are talking about Risk-averse sentiment seems to have cooled for the time being as a number of the major indexes rebound in the overnight session. Note: From a volatility standpoint, the forex market space appears tran… read more...

Beware: FX Space Is Calm, But Appearances Can Be Deceiving

via: SeekingAlpha at 2018-02-07 08:15:36:000

By Dean Popplewell Wednesday February 7: Five things the markets are talking about Risk-averse sentiment seems to have cooled for the time being as a number of the major indexes rebound in the overnight session. Note: From a volatility standpoint, the forex market space appears tran… read more...

Beware: FX Space Is Calm, But Appearances Can Be Deceiving

via: SeekingAlpha at 2018-02-07 08:15:36:000

By Dean Popplewell Wednesday February 7: Five things the markets are talking about Risk-averse sentiment seems to have cooled for the time being as a number of the major indexes rebound in the overnight session. Note: From a volatility standpoint, the forex market space appears tran… read more...

Guns And Butter May Resolve U.S. Legislative Logjam

via: SeekingAlpha at 2018-02-07 06:56:47:000

After a volatile session in North America, the major equity indices closed higher. In fact, the 1.75% rise in the S&P 500 was the best since November 2016. Asian equities stabilized, and the MSCI Asia Pacific Index was able to eke out a small gain. The European markets are moving higher … read more...

Guns And Butter May Resolve U.S. Legislative Logjam

via: SeekingAlpha at 2018-02-07 06:56:47:000

After a volatile session in North America, the major equity indices closed higher. In fact, the 1.75% rise in the S&P 500 was the best since November 2016. Asian equities stabilized, and the MSCI Asia Pacific Index was able to eke out a small gain. The European markets are moving higher … read more...

Guns And Butter May Resolve U.S. Legislative Logjam

via: SeekingAlpha at 2018-02-07 06:56:47:000

After a volatile session in North America, the major equity indices closed higher. In fact, the 1.75% rise in the S&P 500 was the best since November 2016. Asian equities stabilized, and the MSCI Asia Pacific Index was able to eke out a small gain. The European markets are moving higher … read more...

Plop Plop Fizz Fizz, Oh What A Relief It Is

via: SeekingAlpha at 2018-02-07 02:06:57:000

By Stephen Innes A case of turnaround Tuesday, or merely the eye of the storm? What a wild ride the past 48 hours! And, of course, the downward correction in equity market was always on the cards, as a combination of multi-year high bond yields and record highs in the US equity markets w… read more...

Plop Plop Fizz Fizz, Oh What A Relief It Is

via: SeekingAlpha at 2018-02-07 02:06:57:000

By Stephen Innes A case of turnaround Tuesday, or merely the eye of the storm? What a wild ride the past 48 hours! And, of course, the downward correction in equity market was always on the cards, as a combination of multi-year high bond yields and record highs in the US equity markets w… read more...

Plop Plop Fizz Fizz, Oh What A Relief It Is

via: SeekingAlpha at 2018-02-07 02:06:57:000

By Stephen Innes A case of turnaround Tuesday, or merely the eye of the storm? What a wild ride the past 48 hours! And, of course, the downward correction in equity market was always on the cards, as a combination of multi-year high bond yields and record highs in the US equity markets w… read more...

Australia keeps cash rates unchanged at 1.5%

via: SeekingAlpha at 2018-02-06 09:02:52:000

Australia's central bank held its interest rate steady at 1..5% despite the global market rout. More news on: iShares MSCI Australia ETF, CurrencyShares Australian Dollar Trust ETF, WisdomTree Australia Dividend ETF, Global news and forex, News on ETFs, Read more … read more...

Dollar Consolidates While Equity Rout May Be Ebbing

via: SeekingAlpha at 2018-02-05 07:38:00:000

Asian equity markets were weighed down by losses in the US markets ahead of the weekend. The MSCI Asia Pacific Index was off 1.4% after the 1.0% pre-weekend loss. The Nikkei gapped lower and shed 2.5% and has fallen in eight of the past nine sessions. The notable exception in Asia was the Sh… read more...

Dollar Correction Spurred By Sell-Off In Stocks And Bonds

via: SeekingAlpha at 2018-02-04 08:33:50:000

The US dollar turned in its best week so far in 2018, even though the Swiss franc and euro extended their weekly advances for a seventh and fourth week, respectively. The jump in yields and retreat in equities suggest a larger portfolio adjustment and not simply a short-covering bounce in th… read more...

A Note Ahead Of U.S. Jobs Report

via: SeekingAlpha at 2018-02-04 07:12:15:000

The US dollar is sporting a firmer profile against all the major currencies after weakening yesterday. Frequently, it seems the Australian dollar leads the other currencies, and we note that it is making a new low for the week today. Briefly, in Europe, it slipped below its 20-day moving (~$… read more...

Dollar surges on strong jobs report

via: SeekingAlpha at 2018-02-02 12:46:02:000

The headlines in the January jobs numbers were roughly inline with expectations, but perky wage growth (2.9% Y/Y) is beginning to catch the eye of markets and FOMC members. More news on: PowerShares DB USD Bull ETF, PowerShares DB USD Bear ETF, CurrencyShares Canadian Dollar Trust ETF, Top… read more...

Dollar surges on strong jobs report

via: SeekingAlpha at 2018-02-02 12:46:02:000

The headlines in the January jobs numbers were roughly inline with expectations, but perky wage growth (2.9% Y/Y) is beginning to catch the eye of markets and FOMC members. More news on: PowerShares DB USD Bull ETF, PowerShares DB USD Bear ETF, CurrencyShares Canadian Dollar Trust ETF, Top… read more...

Dollar surges on strong jobs report

via: SeekingAlpha at 2018-02-02 12:46:02:000

The headlines in the January jobs numbers were roughly inline with expectations, but perky wage growth (2.9% Y/Y) is beginning to catch the eye of markets and FOMC members. More news on: PowerShares DB USD Bull ETF, PowerShares DB USD Bear ETF, CurrencyShares Canadian Dollar Trust ETF, Top… read more...

Australia central bank seen keeping rates steady at February meeting

via: SeekingAlpha at 2018-02-02 12:01:48:000

Australia's central bank is keen to keep its cash rate at a record low of 1.5% at its monthly policy meeting next week. More news on: iShares MSCI Australia ETF, CurrencyShares Australian Dollar Trust ETF, WisdomTree Australia Dividend ETF, Global news and forex, News on ETFs, Read mor… read more...

Australia central bank seen keeping rates steady at February meeting

via: SeekingAlpha at 2018-02-02 12:01:48:000

Australia's central bank is keen to keep its cash rate at a record low of 1.5% at its monthly policy meeting next week. More news on: iShares MSCI Australia ETF, CurrencyShares Australian Dollar Trust ETF, WisdomTree Australia Dividend ETF, Global news and forex, News on ETFs, Read mor… read more...

Australia central bank seen keeping rates steady at February meeting

via: SeekingAlpha at 2018-02-02 12:01:48:000

Australia's central bank is keen to keep its cash rate at a record low of 1.5% at its monthly policy meeting next week. More news on: iShares MSCI Australia ETF, CurrencyShares Australian Dollar Trust ETF, WisdomTree Australia Dividend ETF, Global news and forex, News on ETFs, Read mor… read more...

What To Look For In U.S. Payrolls (NFP)

via: SeekingAlpha at 2018-02-02 07:19:14:000

By Dean Popplewell Friday February 2: Five things the markets are talking about The US labor department is expected to report that 2018 has kicked off with a pickup in hiring. Market consensus is looking for non-farm payrolls (NFP) to rise by +180k last month, while the unemploymen… read more...

What To Look For In U.S. Payrolls (NFP)

via: SeekingAlpha at 2018-02-02 07:19:14:000

By Dean Popplewell Friday February 2: Five things the markets are talking about The US labor department is expected to report that 2018 has kicked off with a pickup in hiring. Market consensus is looking for non-farm payrolls (NFP) to rise by +180k last month, while the unemploymen… read more...

What To Look For In U.S. Payrolls (NFP)

via: SeekingAlpha at 2018-02-02 07:19:14:000

By Dean Popplewell Friday February 2: Five things the markets are talking about The US labor department is expected to report that 2018 has kicked off with a pickup in hiring. Market consensus is looking for non-farm payrolls (NFP) to rise by +180k last month, while the unemploymen… read more...

CurrencyShares Australian Dollar Trust ETF declares $0.06547 dividend

via: SeekingAlpha at 2018-02-01 09:51:22:000

CurrencyShares Australian Dollar Trust ETF (NYSEARCA: FXA ) declares $0.06547/share monthly dividend . More news on: CurrencyShares Australian Dollar Trust ETF, Dividend news, News on ETFs, , Read more … read more...

CurrencyShares Australian Dollar Trust ETF declares $0.06547 dividend

via: SeekingAlpha at 2018-02-01 09:51:22:000

CurrencyShares Australian Dollar Trust ETF (NYSEARCA: FXA ) declares $0.06547/share monthly dividend . More news on: CurrencyShares Australian Dollar Trust ETF, Dividend news, News on ETFs, , Read more … read more...

CurrencyShares Australian Dollar Trust ETF declares $0.06547 dividend

via: SeekingAlpha at 2018-02-01 09:51:22:000

CurrencyShares Australian Dollar Trust ETF (NYSEARCA: FXA ) declares $0.06547/share monthly dividend . More news on: CurrencyShares Australian Dollar Trust ETF, Dividend news, News on ETFs, , Read more … read more...

Australia: Macro-Fiscal Flows And Investment Markets

via: SeekingAlpha at 2018-02-01 08:06:38:000

The purpose of this report is to assess the impact of macro-fiscal flows on investment markets in Australia. The national accounts were used to assess the macro-fiscal flows. One can summarize the national accounts in the following formula: GDP = Private Sector Spending [P] + Government … read more...

Australia: Macro-Fiscal Flows And Investment Markets

via: SeekingAlpha at 2018-02-01 08:06:38:000

The purpose of this report is to assess the impact of macro-fiscal flows on investment markets in Australia. The national accounts were used to assess the macro-fiscal flows. One can summarize the national accounts in the following formula: GDP = Private Sector Spending [P] + Government … read more...

Australia: Macro-Fiscal Flows And Investment Markets

via: SeekingAlpha at 2018-02-01 08:06:38:000

The purpose of this report is to assess the impact of macro-fiscal flows on investment markets in Australia. The national accounts were used to assess the macro-fiscal flows. One can summarize the national accounts in the following formula: GDP = Private Sector Spending [P] + Government … read more...

Dollar Support Lukewarm Despite Fed's 'Hawkish-Hold'

via: SeekingAlpha at 2018-02-01 07:45:00:000

By Dean Popplewell Thursday February 1: Five things the markets are talking about Global equities have kicked off the new month mostly in the 'black' as capital market participants have decided that the outlook for growth and corporate earnings remains strong enough to suppress concern… read more...

Dollar Support Lukewarm Despite Fed's 'Hawkish-Hold'

via: SeekingAlpha at 2018-02-01 07:45:00:000

By Dean Popplewell Thursday February 1: Five things the markets are talking about Global equities have kicked off the new month mostly in the 'black' as capital market participants have decided that the outlook for growth and corporate earnings remains strong enough to suppress concern… read more...

Dollar Support Lukewarm Despite Fed's 'Hawkish-Hold'

via: SeekingAlpha at 2018-02-01 07:45:00:000

By Dean Popplewell Thursday February 1: Five things the markets are talking about Global equities have kicked off the new month mostly in the 'black' as capital market participants have decided that the outlook for growth and corporate earnings remains strong enough to suppress concern… read more...

Fed's Hawkish Hold Keeps Dollar Consolidation Intact

via: SeekingAlpha at 2018-02-01 04:46:28:000

The Yellen Fed ended on a high note. She took over the reins of the Federal Reserve and implemented a strategic normalization process monetary policy, and helped engineer not only the first post-crisis rate hikes but also the beginning of unwinding its balance sheet. Most reckon she has do… read more...

Fed's Hawkish Hold Keeps Dollar Consolidation Intact

via: SeekingAlpha at 2018-02-01 04:46:28:000

The Yellen Fed ended on a high note. She took over the reins of the Federal Reserve and implemented a strategic normalization process monetary policy, and helped engineer not only the first post-crisis rate hikes but also the beginning of unwinding its balance sheet. Most reckon she has do… read more...

Fed's Hawkish Hold Keeps Dollar Consolidation Intact

via: SeekingAlpha at 2018-02-01 04:46:28:000

The Yellen Fed ended on a high note. She took over the reins of the Federal Reserve and implemented a strategic normalization process monetary policy, and helped engineer not only the first post-crisis rate hikes but also the beginning of unwinding its balance sheet. Most reckon she has do… read more...

Fed Could Signal Changes To Outlook

via: SeekingAlpha at 2018-01-31 07:15:09:000

By Dean Popplewell Wednesday January 31: Five things the markets are talking about Month-end USD sales and event risk of today's Fed's interest rate decision (2 pm EDT) have seen a dramatic pick-up in realized volatility that's given implied vols another boost this week. Ahead of the… read more...

Fed Could Signal Changes To Outlook

via: SeekingAlpha at 2018-01-31 07:15:09:000

By Dean Popplewell Wednesday January 31: Five things the markets are talking about Month-end USD sales and event risk of today's Fed's interest rate decision (2 pm EDT) have seen a dramatic pick-up in realized volatility that's given implied vols another boost this week. Ahead of the… read more...

Fed Could Signal Changes To Outlook

via: SeekingAlpha at 2018-01-31 07:15:09:000

By Dean Popplewell Wednesday January 31: Five things the markets are talking about Month-end USD sales and event risk of today's Fed's interest rate decision (2 pm EDT) have seen a dramatic pick-up in realized volatility that's given implied vols another boost this week. Ahead of the… read more...

Fed Could Signal Changes To Outlook

via: SeekingAlpha at 2018-01-31 07:15:09:000

By Dean Popplewell Wednesday January 31: Five things the markets are talking about Month-end USD sales and event risk of today's Fed's interest rate decision (2 pm EDT) have seen a dramatic pick-up in realized volatility that's given implied vols another boost this week. Ahead of the… read more...

Draining The Punch Bowl

via: SeekingAlpha at 2018-01-31 02:02:03:000

By Stephen Innes Tuesday's session was all about the cross-asset selling of equities, oil, and bonds as bear "steepener" returned in vogue. The USD dollar remained tethered to a yo-yo string, putting in a very mixed performance. Stocks and Bonds Stock markets are being pulverised, reco… read more...

Draining The Punch Bowl

via: SeekingAlpha at 2018-01-31 02:02:03:000

By Stephen Innes Tuesday's session was all about the cross-asset selling of equities, oil, and bonds as bear "steepener" returned in vogue. The USD dollar remained tethered to a yo-yo string, putting in a very mixed performance. Stocks and Bonds Stock markets are being pulverised, reco… read more...

Draining The Punch Bowl

via: SeekingAlpha at 2018-01-31 02:02:03:000

By Stephen Innes Tuesday's session was all about the cross-asset selling of equities, oil, and bonds as bear "steepener" returned in vogue. The USD dollar remained tethered to a yo-yo string, putting in a very mixed performance. Stocks and Bonds Stock markets are being pulverised, reco… read more...

Dollar Diddles For The Middle As Stocks See Red

via: SeekingAlpha at 2018-01-30 07:11:00:000

By Dean Popplewell Tuesday January 30: Five things the markets are talking about Are surging sovereign interest rates testing individual's appetite for equities at elevated valuations or is it just another buying opportunity on dips? European equities are currently following their As… read more...

Dollar Diddles For The Middle As Stocks See Red

via: SeekingAlpha at 2018-01-30 07:11:00:000

By Dean Popplewell Tuesday January 30: Five things the markets are talking about Are surging sovereign interest rates testing individual's appetite for equities at elevated valuations or is it just another buying opportunity on dips? European equities are currently following their As… read more...

Dollar Diddles For The Middle As Stocks See Red

via: SeekingAlpha at 2018-01-30 07:11:00:000

By Dean Popplewell Tuesday January 30: Five things the markets are talking about Are surging sovereign interest rates testing individual's appetite for equities at elevated valuations or is it just another buying opportunity on dips? European equities are currently following their As… read more...

Dollar Diddles For The Middle As Stocks See Red

via: SeekingAlpha at 2018-01-30 07:11:00:000

By Dean Popplewell Tuesday January 30: Five things the markets are talking about Are surging sovereign interest rates testing individual's appetite for equities at elevated valuations or is it just another buying opportunity on dips? European equities are currently following their As… read more...

Dollar Bears Yield To Higher Interest Rates

via: SeekingAlpha at 2018-01-30 02:38:08:000

By Stephen Innes There has been a pause for thought in the bearish dollar trend after an enigmatic spike in US Treasury yields yesterday sent dollar bears heading for shelter, while leaving a sea of red in their wake across FX markets. The higher US 10-year yield has triggered risk reduc… read more...

Dollar Bears Yield To Higher Interest Rates

via: SeekingAlpha at 2018-01-30 02:38:08:000

By Stephen Innes There has been a pause for thought in the bearish dollar trend after an enigmatic spike in US Treasury yields yesterday sent dollar bears heading for shelter, while leaving a sea of red in their wake across FX markets. The higher US 10-year yield has triggered risk reduc… read more...

Speculators Continue To Favor Dollar Weakness

via: SeekingAlpha at 2018-01-29 10:01:46:000

According to the latest Commitment of Traders ((COT)) report, large speculators continue to expect a weaker dollar, favoring commodities and the commodity currencies. Equity markets, meanwhile, continue to climb to fresh all-time highs amid record overbought conditions. Elsewhere, Japanese y… read more...

Speculators Continue To Favor Dollar Weakness

via: SeekingAlpha at 2018-01-29 10:01:46:000

According to the latest Commitment of Traders ((COT)) report, large speculators continue to expect a weaker dollar, favoring commodities and the commodity currencies. Equity markets, meanwhile, continue to climb to fresh all-time highs amid record overbought conditions. Elsewhere, Japanese y… read more...

Speculators Continue To Favor Dollar Weakness

via: SeekingAlpha at 2018-01-29 10:01:46:000

According to the latest Commitment of Traders ((COT)) report, large speculators continue to expect a weaker dollar, favoring commodities and the commodity currencies. Equity markets, meanwhile, continue to climb to fresh all-time highs amid record overbought conditions. Elsewhere, Japanese y… read more...

U.S. Dollar Bulls Require A Wider Yield Spread

via: SeekingAlpha at 2018-01-29 07:14:42:000

By Dean Popplewell Monday January 29: Five things the markets are talking about US Treasuries have extended their selloff, pushing yields to its highest in three-years as capital markets prepare itself for a busy week of data releases and monetary policy announcements. Note: Highe… read more...

U.S. Dollar Bulls Require A Wider Yield Spread

via: SeekingAlpha at 2018-01-29 07:14:42:000

By Dean Popplewell Monday January 29: Five things the markets are talking about US Treasuries have extended their selloff, pushing yields to its highest in three-years as capital markets prepare itself for a busy week of data releases and monetary policy announcements. Note: Highe… read more...

U.S. Dollar Bulls Require A Wider Yield Spread

via: SeekingAlpha at 2018-01-29 07:14:42:000

By Dean Popplewell Monday January 29: Five things the markets are talking about US Treasuries have extended their selloff, pushing yields to its highest in three-years as capital markets prepare itself for a busy week of data releases and monetary policy announcements. Note: Highe… read more...

The Song Remains The Same

via: SeekingAlpha at 2018-01-29 02:48:46:000

By Stephen Innes We ended last week singing a very familiar tune with US equities putting in another strong performance, helped by more positive corporate earnings reports, while the USD weakened further, as the market was still digesting the aftershocks from the verbal ping-pong match whe… read more...

The Song Remains The Same

via: SeekingAlpha at 2018-01-29 02:48:46:000

By Stephen Innes We ended last week singing a very familiar tune with US equities putting in another strong performance, helped by more positive corporate earnings reports, while the USD weakened further, as the market was still digesting the aftershocks from the verbal ping-pong match whe… read more...

The Song Remains The Same

via: SeekingAlpha at 2018-01-29 02:48:46:000

By Stephen Innes We ended last week singing a very familiar tune with US equities putting in another strong performance, helped by more positive corporate earnings reports, while the USD weakened further, as the market was still digesting the aftershocks from the verbal ping-pong match whe… read more...

Can The Market Get More Dollar-Negative?

via: SeekingAlpha at 2018-01-28 08:26:26:000

The US dollar's technical tone remains poor and market psychology is nearly universally hostile toward it. Many believe that US Administration is hostile to the international order and rule of law that previous American administrations constructed and advanced. The de-weaponization of the f… read more...

Can The Market Get More Dollar-Negative?

via: SeekingAlpha at 2018-01-28 08:26:26:000

The US dollar's technical tone remains poor and market psychology is nearly universally hostile toward it. Many believe that US Administration is hostile to the international order and rule of law that previous American administrations constructed and advanced. The de-weaponization of the f… read more...

Can The Market Get More Dollar-Negative?

via: SeekingAlpha at 2018-01-28 08:26:26:000

The US dollar's technical tone remains poor and market psychology is nearly universally hostile toward it. Many believe that US Administration is hostile to the international order and rule of law that previous American administrations constructed and advanced. The de-weaponization of the f… read more...

Can The Market Get More Dollar-Negative?

via: SeekingAlpha at 2018-01-28 08:26:26:000

The US dollar's technical tone remains poor and market psychology is nearly universally hostile toward it. Many believe that US Administration is hostile to the international order and rule of law that previous American administrations constructed and advanced. The de-weaponization of the f… read more...

U.S. Dollar Shackled To Trumps Trade And Twitter Rants

via: SeekingAlpha at 2018-01-26 07:16:48:000

By Dean Popplewell Friday January 26: Five things the markets are talking about President Trump's self-proclaimed 'gift of gab' temporarily gave aid to the struggling US dollar Thursday, just a day after his Treasury secretary endorsed a 'weak' dollar. His Davos "strong dollar" com… read more...

U.S. Dollar Shackled To Trumps Trade And Twitter Rants

via: SeekingAlpha at 2018-01-26 07:16:48:000

By Dean Popplewell Friday January 26: Five things the markets are talking about President Trump's self-proclaimed 'gift of gab' temporarily gave aid to the struggling US dollar Thursday, just a day after his Treasury secretary endorsed a 'weak' dollar. His Davos "strong dollar" com… read more...

U.S. Dollar Shackled To Trumps Trade And Twitter Rants

via: SeekingAlpha at 2018-01-26 07:16:48:000

By Dean Popplewell Friday January 26: Five things the markets are talking about President Trump's self-proclaimed 'gift of gab' temporarily gave aid to the struggling US dollar Thursday, just a day after his Treasury secretary endorsed a 'weak' dollar. His Davos "strong dollar" com… read more...

U.S. Dollar Shackled To Trumps Trade And Twitter Rants

via: SeekingAlpha at 2018-01-26 07:16:48:000

By Dean Popplewell Friday January 26: Five things the markets are talking about President Trump's self-proclaimed 'gift of gab' temporarily gave aid to the struggling US dollar Thursday, just a day after his Treasury secretary endorsed a 'weak' dollar. His Davos "strong dollar" com… read more...

U.S. Dollar Shackled To Trumps Trade And Twitter Rants

via: SeekingAlpha at 2018-01-26 07:16:48:000

By Dean Popplewell Friday January 26: Five things the markets are talking about President Trump's self-proclaimed 'gift of gab' temporarily gave aid to the struggling US dollar Thursday, just a day after his Treasury secretary endorsed a 'weak' dollar. His Davos "strong dollar" com… read more...

Dollar's Downfall Remains Intact, ECB Next

via: SeekingAlpha at 2018-01-25 07:22:24:000

By Dean Popplewell Thursday October 25: Five things the markets are talking about It was another mixed picture overnight, as capital markets digested the weakening dollar and a protectionist push from the U.S. The greenback has slipped against most G20 currency pairs, while most commod… read more...

Dollar's Downfall Remains Intact, ECB Next

via: SeekingAlpha at 2018-01-25 07:22:24:000

By Dean Popplewell Thursday October 25: Five things the markets are talking about It was another mixed picture overnight, as capital markets digested the weakening dollar and a protectionist push from the U.S. The greenback has slipped against most G20 currency pairs, while most commod… read more...

When It Rains It Pours, Mnuchin Mania

via: SeekingAlpha at 2018-01-25 02:07:44:000

By Stephen Innes The US dollar bids were far and few between thanks to Treasury Secretary Mnuchin's outward endorsement for weak USD policy. While we already knew the administration previously favoured a weaker dollar, his comments caught the dollar-prone and the defenceless opening floodg… read more...

When It Rains It Pours, Mnuchin Mania

via: SeekingAlpha at 2018-01-25 02:07:44:000

By Stephen Innes The US dollar bids were far and few between thanks to Treasury Secretary Mnuchin's outward endorsement for weak USD policy. While we already knew the administration previously favoured a weaker dollar, his comments caught the dollar-prone and the defenceless opening floodg… read more...

Dollar's decline deepens after Mnuchin comments

via: SeekingAlpha at 2018-01-24 10:29:49:000

"A weaker dollar is good for us as it relates to trade and opportunities," said U.S. Treasury Secretary Steven Mnuchin this morning, shocking his listeners as he held court in Davos. More news on: PowerShares DB USD Bull ETF, CurrencyShares Euro Trust ETF, CurrencyShares British Pound St… read more...

Dollar Takes Another Leg Lower

via: SeekingAlpha at 2018-01-24 08:00:40:000

North American session sold into the dollar's upticks and Asia followed suit, taking the greenback to new multiyear lows against the euro and sterling while pushing it below the JPY110 level for the first time since last September. US trade action has become latest element of the narrative t… read more...

The Bank Of Japan Policy Is Under Pressure

via: SeekingAlpha at 2018-01-24 01:45:48:000

By Stephen Innes An extremely active twenty-four hours in all asset markets in what was expected to be an extremely busy and no less noisy week for the markets. Currency markets were extremely active with traders primarily looking for opportunities to sell that dollar. Not only is the bi… read more...

Short The Yen To Play The Commodity Bull

via: SeekingAlpha at 2018-01-23 09:38:10:000

The CRB index has been the place to be. It has delivered a 35% return off the 2016 lows and is gradually getting more recognition in mainstream news. ^CRB data by YCharts Bond boss Jeffrey Gundlach had this to say about commodities last week. My first idea is tied to commodities… read more...

Best Currency Positions For February 2018

via: SeekingAlpha at 2018-01-23 08:51:16:000

I invest based on statistics. For more on investing in statistically undervalued stocks see here . But you can also short overvalued currencies and use the proceeds to buy undervalued currencies. To keep track of currency valuations I publish articles like this one every month. See for ex… read more...

Dollar Stabilizes Near Recent Lows

via: SeekingAlpha at 2018-01-23 08:48:57:000

The US dollar has come back better bid in late Asian activity. The session highlight was the BOJ meeting. BOJ maintained forecasts and policy. There was a small tweak to the inflation assessment, noting that prices were skewed to the downside, and said there was no change in inflation exp… read more...

Central Banks Dictate FX Moves While Stocks Rock

via: SeekingAlpha at 2018-01-23 07:21:33:000

By Dean Popplewell Tuesday January 23: Five things the markets are talking about Global equities have found fresh impetus for another attempt at new record highs, as investor optimism has again surged amid corporate earnings and the end of the US government shutdown. And this despi… read more...

Ex-Date Payment Date Record Date Declared Date Amount Flag Dividend Type Qualified Indicated
2018-03-01 2018-03-08 2018-03-02 2018-02-28 0.05154 Dividend income
2018-02-01 2018-02-08 2018-02-02 2018-01-31 0.06547 Dividend income
2017-12-01 2017-12-08 2017-12-04 2017-11-30 0.04226 Dividend income
2017-11-01 2017-11-08 2017-11-02 2017-10-31 0.05016 Dividend income
2017-10-02 2017-10-10 2017-10-03 2017-09-29 0.05411 Dividend income
2017-09-01 2017-09-11 2017-09-06 2017-08-31 0.05405 Dividend income
2017-08-01 2017-08-08 2017-08-03 2017-07-31 0.06311 Dividend income
2017-07-03 2017-07-11 2017-07-06 2017-06-30 0.05529 Dividend income
2017-06-01 2017-06-08 2017-06-05 2017-05-31 0.05525 Dividend income
2017-05-01 2017-05-08 2017-05-03 2017-04-28 0.05418 Dividend income
2017-04-03 2017-04-10 2017-04-05 2017-03-31 0.05431 Dividend income
2017-03-01 2017-03-08 2017-03-03 2017-02-28 0.04824 Dividend income
2017-02-01 2017-02-08 2017-02-03 2017-01-31 0.06128 Dividend income
2017-01-03 2017-01-10 2017-01-05 2016-12-30 0.05539 Dividend income
2016-12-01 2016-12-08 2016-12-05 2016-11-30 0.04641 Dividend income
2016-11-01 2016-11-08 2016-11-03 2016-10-31 0.04052 Dividend income
2016-10-03 2016-10-11 2016-10-05 2016-09-30 0.03676 Dividend income
2016-09-01 2016-09-09 2016-09-06 2016-08-31 0.04064 Dividend income
2016-08-01 2016-08-08 2016-08-03 2016-07-29 0.06875 Dividend income
2016-07-01 2016-07-11 2016-07-06 2016-06-30 0.06085 Dividend income
2016-06-01 2016-06-08 2016-06-03 2016-05-31 0.06348 Dividend income
2016-05-02 2016-05-09 2016-05-04 2016-04-29 0.07225 Dividend income
2016-04-01 2016-04-08 2016-04-05 2016-03-31 0.08143 Dividend income
2016-03-01 2016-03-08 2016-03-03 2016-02-29 0.06383 Dividend income
2016-02-01 2016-02-08 2016-02-03 2016-01-29 0.07683 Dividend income
2016-01-04 2016-01-11 2016-01-06 2015-12-31 0.07986 Dividend income
2015-12-01 2015-12-08 2015-12-03 2015-11-30 0.08489 Dividend income
2015-11-02 2015-11-09 2015-11-04 2015-10-30 0.07881 Dividend income
2015-10-01 2015-10-08 2015-10-05 2015-09-30 0.06922 Dividend income
2015-09-01 2015-09-09 2015-09-03 2015-08-31 0.06739 Dividend income
2015-08-03 2015-08-10 2015-08-05 2015-07-31 0.08993 Dividend income
2015-07-01 2015-07-09 2015-07-06 2015-06-30 0.08132 Dividend income
2015-06-01 2015-06-08 2015-06-03 2015-05-29 0.08625 Dividend income
2015-05-01 2015-05-08 2015-05-05 2015-04-30 0.09978 Dividend income
2015-04-01 2015-04-09 2015-04-06 2015-03-31 0.10042 Dividend income
2015-03-02 2015-03-09 2015-03-04 2015-02-27 0.08781 Dividend income
2015-02-02 2015-02-09 2015-02-04 2015-01-30 0.12816 Dividend income
2015-01-02 2015-01-09 2015-01-06 2014-12-31 0.1351 Dividend income
2014-12-01 2014-12-08 2014-12-03 2014-11-28 0.1301 Dividend income
2014-11-03 2014-11-10 2014-11-05 2014-10-31 0.13266 Dividend income
2014-10-01 2014-10-08 2014-10-03 2014-09-30 0.13561 Dividend income
2014-09-02 2014-09-09 2014-09-04 2014-08-29 0.14396 Dividend income
2014-08-01 2014-08-08 2014-08-05 2014-07-31 0.14503 Dividend income
2014-07-01 2014-07-09 2014-07-03 2014-06-30 0.15011 Dividend income
2014-06-02 2014-06-09 2014-06-04 2014-05-30 0.14086 Dividend income
2014-04-01 2014-04-08 2014-04-03 2014-03-31 0.1447 Dividend income
2014-03-03 2014-03-10 2014-03-05 2014-02-28 0.12041 Dividend income
2014-02-03 2014-02-10 2014-02-05 2014-01-31 0.12845 Dividend income
2014-01-02 2014-01-09 2014-01-06 2013-12-31 0.13245 Dividend income
2013-12-02 2013-12-09 2013-12-04 2013-11-29 0.12207 Dividend income
2013-11-01 2013-11-08 2013-11-05 2013-10-31 0.13265 Dividend income
2013-10-01 2013-10-08 2013-10-03 2013-09-30 0.12986 Dividend income
2013-09-03 2013-09-10 2013-09-05 2013-08-30 0.13324 Dividend income
2013-08-01 2013-08-08 2013-08-05 2013-07-31 0.14912 Dividend income
2013-07-01 2013-07-09 2013-07-03 2013-06-28 0.15011 Dividend income
2013-05-01 2013-05-08 2013-05-03 2013-04-30 0.18159 Dividend income
2013-04-01 2013-04-08 2013-04-03 2013-03-28 0.18743 Dividend income
2013-03-01 2013-03-08 2013-03-05 2013-02-28 0.1746 Dividend income
2013-02-01 2013-02-08 2013-02-05 2013-01-31 0.1956 Dividend income
2013-01-02 2013-01-09 2013-01-04 2012-12-31 0.19504 Dividend income
2018-01-02 2018-01-09 2018-01-03 2017-12-29 0.03543 Dividend income
Ex-Date Declared Date Record Date Payment Date Ratio To Factor For Factor
Data provided by IEX Cloud