The event-filled week culminated with the US jobs report which unexpectedly reported a lower-than-expected result. Some analysts blame the extreme weather conditions that hit the United States as a reason behind the soft employment numbers. The nonfarm payrolls (NFP) report showed that 113,000 jobs were created in January, missing forecasts for a 185,000 print, with […]
The DJIA, S&P and NASDAQ are struggling to bounce. Yet the bullish convictions remain high. Says a February 5 Investor’s Business Daily headline: “Why Mutual Fund Investors Need Not Panic After January Sell-Off” When is the best time to get out of the stock market? When everyone else is invested and extremely optimistic. When is […]
The DJIA, S&P and NASDAQ are struggling to bounce. Yet the bullish convictions remain high. Says a February 5 Investor’s Business Daily headline: “Why Mutual Fund Investors Need Not Panic After January Sell-Off” When is the best time to get out of the stock market? When everyone else is invested and extremely optimistic. When is […]
FOREX Daily Outlook by Easy-Forex.com The EU Morning Report – Dollar higher amid strong recovery signs – 31 January 2014 Written by the easy-forex team Currencies A stronger dollar pushed the euro (EUR) lower as the pair moved below 1.3543 in early trading. The single currency may come under stress today as Eurozone price data […]
So it’s time for yet another NonFarm Payroll! But what makes this event so special, and this one in particular? And why doesn’t it include the Farm sector? The question occurred to me yesterday, so I thought I’d do a little research. Here’s what I found. When the Bureau of Labor Statistics began studying payrolls […]
Futures for gold were seen climbing on the last day of the trading week before data for US job data including non-farm payrolls and unemployment rate figures. The data is expected to be released later in the day. The yellow metal is rising towards its sixth weekly gain. Bullion for March delivery rose 0.37% trading […]
Crude Prices were seen trading slightly mixed on Friday as analysts awaits US jobs reports later in the day. WTI for March delivery came in 0.15% lower trading at $97.70 per barrel on the New York Mercantile Exchange at the time of writing, at the same time Brent for March settlement gained 0.18% to $107.39 […]
The latest daily video report from easyforex.com, includes all the latest fx market moving news and pairs to watch in the forex markets. Related Posts:Market continues to price in a plethora of rate cuts for… April 17, 2024 Market is still in monetary easing mode despite fewer rate…Video market update for April 17, 2024 April […]
Broker JPMorgan today revised its outlook on Tate & Lyle (TATE.L) to overweight from underweight. The bank stated that earnings have been held back for the last couple of years due to the companies investment in its Speciality Food Ingredients platform, however that investment is now starting to show a return. JP Morgan anticipates that […]
Were January Payrolls a Blip? Morning Report: 08.45 London • Markets are generally subdued this morning ahead of US Non Farm Payrolls at 13.30. Expectations have been diminished factoring in the extreme January weather, but coming on the back of a poor reading last months, traders will be looking for some good news. • […]
Financial market discovery phase As a relatively new trader joins the market, the first sentiment will always be that of entering a new business or discovering a new opportunity that may change one’s life forever. The first few trades are always done on a simulation account (as it seems that everybody recommends that to start […]
February 7, 2014 – Daily Market News Today’s Hot Assets: GBP, USD, CAD, Gold Today we will have the Nonfarm Payroll report coming from the US. Last month we saw that 74,000 jobs were created during the month of December which was far below the expected 196,000. This was the weakest month for job growth […]
Kazuo Hirai, who took the helm at Sony Corp. two years ago to reestablish the Japanese icon, is losing credibility with investors that he’s up to the job. The chief executive officer promised when he came in to turn around Sony’s ailing consumer-electronics business and generate a earnings at the television unit after $7 billion […]
The Reserve Bank of Australia hiked its economic growth and inflation projections, reflecting a weaker currency, and reiterated its shift to a neutral policy stance. “Over the past few months, there have been further signs that very stimulatory monetary policy is working to support economic activity,” the RBA said in its quarterly monetary policy statement […]
U.S. stocks advanced the most this year amid better-than-projected profits and unemployment claims, while the euro rallied and German bonds sagged down as the European Central Bank left interest rates unaltered and refrained from adding stimulus. Gasoline, nickel and zinc led commodity increases. The Standard & Poor’s 500 Index bolstered 1.2 percent at 4 p.m. […]
China’s stocks decline as mainland markets resumed trading after a week-long holiday. Financial and consumer firms led pullbacks as manufacturing and services data indicated a slowdown and retail sales growth decelerated. Suning Commerce Group Co., the biggest electronics retailer, relinquished 2.2 percent, dragging down a gauge of consumer companies reliant on economic growth. Ping An […]
February 7, 2014 – Commodities News Hot Asset For Today: Gold The price of Gold reacted on disappointing U.S. data and reached $1,266/ounce, however, the sentiment changed immediately and the price dropped to $1,252/ounce. As the China market reopened after week the physical demand strengthened and pulled the price up above $1,263/ounce. The price is […]
GBPUSD: While GBP continues to hold above its horizontal at the 1.6259 level, further upside risk is envisaged. This leaves the pair threatening further upside towards the 1.6398 level as the next upside. Further out, resistance resides at the 1.6440 level, its Feb 03 2014 high where a breach will aim at the 1.6500 level. […]
The daily trend of the EURUSD is to the downside as the pair has been carving out lower peaks since December 27. Technical indicators are providing bearish signals – the RSI is showing falling momentum while the MACD has fallen below the zero level. The Bollinger band is edging lower and price action is capped […]
February 7, 2014 – Forex News Hot asset for today: EUR/USD The EUR/USD jumped up about 100 pips after 1.30PM (GMT) due to worse-than-expected Non-farm payrolls pre-data and due to European Central Bank President’s speech. Mario Draghi summed up the Euro outlook and potential downward risk. He said that ECB could take action next month […]
It was a mostly quiet session in Asia, as traders looked forward to the release of the US employment report for January later in the day. The euro was little changed against the US dollar, trading down a mere 0.02% at 1.3585. The euro rallied strongly following the inaction by the European Central Bank the […]
Subdued financial markets in Europe this Friday, a day after the ECB and BOE met to decide on policies. As expected, no change on policies by both central banks with the BOE likely to offer more clarity on forward guidance at next week’s Inflation Report while the ECB meeting yielded few surprises. ECB’s forward guidance […]
February 7, 2014 – Stock Market News Today’s Hot Asset – Boeing Stocks in Asia traded mixed today. Today marked the first working day following the Chinese Lunar New Year. Investors were cautious during today’s session, as they are look ahead to the upcoming NFP report that will be released in the U.S. later today. […]
European markets have opened higher today, extending the previous day’s sharp gains, as investors await the release of US non-farm payrolls data which is expected to show that hiring accelerated in January. Meanwhile, the National Institute of Social and Economic Research (NIESR), in its quarterly review, forecast that the UK economy would grow 2.5% in […]
AUDUSD: With the pair holding above the 0.8887 level, its Jan 22’2014 high there is risk of further upside in the days ahead. A turn above this level if seen will aim at the 0.9000 level, its big psycho level. Where a break will aim at the 0.9050 level and then the 0.9100 level. Its […]
February 6, 2014 – Indices News Asian markets mostly went up this morning after better than expected US ISM non-manufacturing PMI data reported growth in the service sector in one of Asia’s largest export markets. However, the worse than expected ADP Nonfarm Employment data still weighed down certain Asian Indices a little bit. All in […]
The major stock indexes started 2014 with losses of 5-7%. Many analysts say this is just a reaction to emerging markets’ weakness and that the U.S. economy is getting stronger. Don’t panic, in other words. But is this truly the case? Robert Prechter, president of Elliott Wave International, has released a new free report that […]
The major stock indexes started 2014 with losses of 5-7%. Many analysts say this is just a reaction to emerging markets’ weakness and that the U.S. economy is getting stronger. Don’t panic, in other words. But is this truly the case? Robert Prechter, president of Elliott Wave International, has released a new free report that […]
The euro rallied strongly against other majors, following the outcome of the ECB meeting, while the pound dropped slightly following the Bank of England announcement. The euro gained 0.53% against the dollar to trade at 1.3591, while it managed to gain 0.41% against the Japanese yen to trade at 137.68. The session was dominated by […]
FOREX Daily Outlook by Easy-Forex.com The EU Morning Report – Dollar higher amid strong recovery signs – 31 January 2014 Written by the easy-forex team Currencies A stronger dollar pushed the euro (EUR) lower as the pair moved below 1.3543 in early trading. The single currency may come under stress today as Eurozone price data […]
