When Even Technical Traders Watch the News - 22 April 2018

22 April 2018 | 1:16 pm

Here are some market-moving events to look for in the week ahead.

Weekly Economic & Political Timeline - 22 April 2018

22 April 2018 | 11:24 am

This week will see a relatively full news agenda, with central bank input expected from the European Central Bank and the Bank of Japan.

Pound Pressured on Rate Hike Uncertainty

20 April 2018 | 9:37 am

The Pound Sterling remained close to a 2-week trough versus the US Dollar after the head of the Bank of England dampened investors’ expectations of a May rate hike.

UK Retail Sales Fails to Soothe Investor Jitters

19 April 2018 | 1:47 pm

The Pound Sterling moved lower against the US Dollar after the latest data increased investor uncertainty on possible rate increases from the Bank of England.

Oil Prices Hit Three-Year Highs

19 April 2018 | 9:35 am

Oil prices continued to surge on Thursday after Saudi Arabia announced on Wednesday that it will be happy to see prices hit between $80 and $100 per barrel.

Latest Data Puts Pound on Skids

18 April 2018 | 1:21 pm

The Pound Sterling earlier hit a 4-day trough against the US Dollar after the unexpected release of inflation data which failed to meet analysts’ expectations.

Oil Prices Higher on Supply Risks

18 April 2018 | 10:43 am

Oil prices were broadly higher on Wednesday, supported by a decrease in U.S. inventories and continued concerns about geopolitical tensions which could interrupt supply.

Will the Trade War Negate Trump’s Tax Plan?

18 April 2018 | 9:31 am

Perhaps the largest feather in U.S. President Donald Trump’s “hat” is the tax reform bill that was passed late in 2017.

Pound Slips After Disappointing Earnings Data

17 April 2018 | 1:28 pm

Earlier during Tuesday trade in London, the Pound Sterling had hit a 22-month high.

Markets Mixed on Early Earnings

17 April 2018 | 9:21 am

Stock markets edged higher on Tuesday as the dollar remained stable as earnings season began in earnest and mixed data out of China brought tempered optimism.

Sterling Higher Ahead of Data

16 April 2018 | 12:53 pm

The Pound Sterling edged higher against the US Dollar with FX traders focused on the latest data which could help raise expectations of another imminent rate hike from the Bank of England.

Earnings Season Weighs on Markets

16 April 2018 | 9:57 am

Asian markets were trading mixed to start the week as traders eyed U.S. earnings season which is set to begin in earnest this week.

Weekly Economic & Political Timeline

15 April 2018 | 11:51 am

This week will see a somewhat lighter news agenda than last week, with central bank input expected from Canada and Australia.

Dollar Recovers on Improved Risk Sentiment

13 April 2018 | 6:18 am

The US Dollar saw broad gains after an improvement in risk appetite helped to bolster equities and push yields on US treasury instruments significantly higher.

Dollar Struggles as Concerns Grow

12 April 2018 | 1:20 pm

The US Dollar Index was higher at 89.751 .DXY, but still remains close to a 2-week trough as investors’ cautious nature prevails.

Oil Soars to 3-Year High

12 April 2018 | 9:51 am

On Wednesday, U.S. President Donald Trump warned Russia to prepare for missile strikes against its ally Syria, and oil traders took note.

Syrian Fears Set Markets on Edge

12 April 2018 | 9:39 am

On Wednesday, U.S. President Donald Trump criticized Russia for supporting Syrian President Bashar al-Assad after a suspected poison gas attack in Syria that killed dozens of people and injured hundreds.

Pound Regroups after Data Disappointment

11 April 2018 | 1:19 pm

The Pound Sterling is now higher after an initial kneejerk reaction to the latest economic data which left some FX investors wondering about the Bank of England’s own reaction to the information.

Stock Rally Stalls as Traders Try to Predict Trade War

11 April 2018 | 9:13 am

Asian markets traded mixed in early trade on Wednesday as traders sought to understand what would happen next in the trade war that is threatening to erupt between the United States and China.

Pound Higher After McCafferty Comments

10 April 2018 | 5:00 pm

The Pound Sterling earlier struck a 2-week peak against the US Dollar after one key policymaker commented on the importance of a rate increase from the Bank of England.

Bitcoin Tanks as Asian Stocks Continue Rally

10 April 2018 | 10:25 am

Bitcoin plummeted more than six percent in a two-hour period on Monday, hitting a low of $6,646.07 and remaining firmly under the $7,000 mark during Tuesday’s Asian trading session.

Housing Data Lifts Pound

9 April 2018 | 2:23 pm

The Pound Sterling edged higher against the US Dollar and is poised to finish off its 3rd straight day of gains after the latest data raised investors’ hopes

Blame Game Continues in Trade War

9 April 2018 | 12:59 pm

China may have escalated the impending trade war on Monday by publicly placing the blame on Washington and claiming that it’s impossible to negotiate

Markets Steady Despite Lingering Concerns

9 April 2018 | 10:17 am

Asian stock indexes headed higher on Monday and the dollar steadied despite lingering concerns about a trade war between the United States and China.

Weekly Economic & Political Timeline

8 April 2018 | 3:17 pm

This week will see a similar news agenda to last week, with central bank input expected from the FOMC and ECB, as well as some crucial U.S. inflation data, which together are very likely to dominate the market

Yen Higher after US Threatens More Tariffs

6 April 2018 | 10:02 am

The Japanese Yen rose against the US Dollar as FX traders sought the safe haven currency after the US President raised the issue of Chinese tariffs yet again.

PMI Data Tanks Sterling Again

5 April 2018 | 4:10 pm

The Pound Sterling edged lower versus both the Euro and the US Dollar after the latest PMI survey showed further slowing of the services sector.

Oil Higher on Surprising Data

5 April 2018 | 10:46 am

Oil prices headed higher on Thursday after reports out of the United States showed a drawdown in U.S. crude stockpiles that analysts did not expect.

Pound Lower After Disappointment PMI

4 April 2018 | 3:32 pm

The Pound Sterling is lower against the US Dollar, after today’s release of disappointing construction data.

Brewing Trade War Continues to Pressure Markets

4 April 2018 | 10:33 am

The trade war between the United States and China escalated on Tuesday after U.S. President Donald Trump announced another 25 percent tariff on nearly $50 billion of Chinese imports.