Here are the most recent and most relevant stock market charts and analysis. Check them out below! EURCAD The pair was expected to bounce back in the following days with the formation of the “Golden Cross” and the “Rising Wedge” pattern. As Canada became the battleground for the economic-turned-political war between the United States and …
Daily Market Charts and Analysis January 21, 2019 Read More »
Oil prices were steady on Monday in Asia after official data showed Chinese economic slowdown was in line with expectations and not as sharp as some analysts had feared. China’s economy expanded 6.4 percent during the fourth quarter of 2018 from a year earlier, as expected, official data from the National Bureau of Statistics showed …
Oil Prices Firm after Massive Increase Last Friday Read More »
Here are latest technical charts and analysis. Check them out! NZDUSD The pair was expected to fall lower in the following days after it failed to break out from the two (2) major resistance line. Despite the United States’ withdrawal from the TPP (Trans-Pacific Partnership), the pact survived after Australia and Japan led the ratification …
Daily Market Charts and Analysis January 18, 2019 Read More »
The Federal Reserve may only need to raise interest rates once in 2019, Atlanta Fed President Raphael Bostic said, focusing on business executives’ nervousness about the economy and a global slowdown as factors that may hold the US central bank back. Read more here!
Oil prices increased around 1.5 percent on Monday, pushed up by optimism that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude. Read ,more here!
Asian stocks rallied on Monday as a dovish turn by the Federal Reserve and unexpectedly strong US jobs data soothed some of the market’s worst fears about the global outlook. Read more here!
Oil priced inched up on Friday, shaking off previous losses after China said it would hold talks with the US government on January 7 to 8 to look for solutions to the trade disputes between the world’s two biggest economic powerhouses. Read more here!
The Australian and the New Zealand dollar staged a remarkable comeback on their US counterpart on Friday, as lackluster economic data fueled speculation of a U-turn on US interest rates. Read more here!
Safe-haven currencies including the yen gained against the dollar on Wednesday, as a careful mood dominated the first trading day of the year on worries about the global growth, the US government shutdown, and a slower pace of Federal Reserve rate hikes. Read more here!
Japan’s core machinery orders increased less than expected in October following an earthquake in the previous month, indicating a more subdued business investment. Read more here!
A Canadian provincial court deciding whether to grant bail to a top executive of Chinese telecoms giant Huawei Technologies. Read more here!
US-China trade negotiations need to come with a successful end by March 1 or new tariffs will be slapped, according to US Trade Representative Robert Lighthizer on Sunday. Read more here!
The losses in global stock markets increased on Monday, with US equity futures and Asian shares sliding on concerns over slowing growth and fears. Read more here!
The dollar lost nearly half percent against the euro and the yen on Monday after a weak US payrolls data fanned speculations that the Federal Reserve may stop raising interest rates after a highly likely move next week. Read more here!
Oil prices increased by around 5 percent on Monday after the United States and China agreed to a 90-day ceasefire in their trade war. Read on!
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