Yahoo Finance - Business Finance, Stock Market, Quotes, News

Yahoo

Mail

FX Empire
Gold Price Futures (GC) Technical Analysis – Rangebound Ahead of Fed Decisions
Based on the early price action and the current price at $1511.40, the direction of the December Comex gold futures contract on Tuesday is likely to be determined by trader reaction to the uptrending Gann angle at $1504.40.
FX Empire
EUR/USD Mid-Session Technical Analysis for September 17, 2019
Based on the early price action and the current price at 1.1020, the direction of the EUR/USD is likely to be determined by trader reaction to the short-term 50% level at 1.1019.
FX Empire
Dollar Rose on The Higher Oil, But The Downward Trend Remains
Markets react relatively sluggishly to the events of the beginning of the week. Oil remains at elevated levels, climbing13% since the beginning of the week.
Investing.com
Loonie Falls on Weak Manufacturing, Falling Oil Prices
Investing.com - The Canadian dollar was weaker against the U.S. dollar on Tuesday after soft manufacturing data and falling oil prices erased gains from the prior session.
Investing.com
Stocks - Wall Street Slightly Lower as Fed Meeting Kicks Off
Investing.com – Wall Street ticked lower on Tuesday as stronger-than-expected industrial production and manufacturing output figures put another dent in hopes for a rate cut from the Federal Reserve, whose regular policy meeting kicks off later.
FX Empire
GBP/USD Daily Forecast – Sterling Continues to Correct Lower
GBP/USD is seeing some selling pressure in the early week after a test of the important 1.2500 level.
FX Empire
Price of Gold Fundamental Daily Forecast – Failure to Spike Higher on Saudi Attacks Suggests Low Buying Interest
The recent sell-off from multi-year highs indicates that gold investors have cut the chances of a U.S. recession, the current sideways price action indicates investors are searching for a new catalyst. The 25-basis point rate cut is priced in. Traders are also feeling more optimistic over U.S.-China trade relations.
FX Empire
EUR/GBP Consolidating just above the Critical Support
Investing.com
U.S. Aug Industrial Output Rose More Strongly than Forecast
Investing.com -- U.S. industrial production and manufacturing output both rose by more than expected in August, bucking the trend of a global slowdown this year against the backdrop of the U.S.-China trade war.
FX Empire
EUR/USD Daily Forecast – Euro Attempts to Hold Above 1.10
EUR/USD corrected sharply lower on Monday but has caught a bid in early trading on Tuesday after a brief dip below the 1.1000 level.
MarketWatch
ZEW investor sentiment poll in Germany climbs but is still negative
The ZEW Indicator of Economic Sentiment rose 21.6 points to a -22.5 reading in September. Economists polled by FactSet had forecast a reading of -37.9. "The outlook remains negative. However, the rather strong fears that financial experts had in the previous month regarding a further intensification of the trade conflict between the USA and China did not come true. And there is still hope that a no deal Brexit can be avoided. In addition, the European Central Bank is attempting to reduce the economic risks in the eurozone by further easing its monetary policy," said ZEW President Professor Achim Wambach.
FX Empire
AUD/USD, NZD/USD, USD/CNY – Asian Session Daily Forecast
It is red across the board, as the New Zealand, Australian and Chinese currencies have all posted modest gains against the U.S. dollar. With no key indicators on the schedule, it could be a lackluster session on Tuesday.
Investing.com
Stocks - U.S. Futures Slip as Geopolitical Risk, Fed Eyed
Investing.com - U.S. futures were slightly lower on Tuesday as heightened geopolitical risk and fading hopes for an interest rate cut from the Federal Reserve weighed on sentiment.
FX Empire
USD/JPY Fundamental Daily Forecast – Early Price Action Suggests Risk May Be Back On
Although crude oil traders are likely to raise their risk premium, and risky asset investors will remain on their toes due to the simmering conditions in the Middle East, investors will begin to gradually shift their focus to the start of the two-day U.S. Federal Reserve monetary policy meeting which starts on Tuesday.
FX Empire
AUD/USD and NZD/USD Fundamental Daily Forecast – RBA Minutes More Dovish than Expected; Further Rates in Play
The minutes show that the RBA was ready to consider further policy easing as needed to support growth and inflation targets, while it was reasonable to expect an extended period of low interest rates.
Investing.com
NewsBreak: German ZEW Index Rises More Than Expected to -22.5
Investing.com -- Germany's ZEW economic sentiment index, the first major confidence indicator of the month in Europe, rose to -22.5 in September from a seven-year low of -44.1 in August, amid signs of progress in the U.S.-China trade dispute and the European Central Bank's monetary policy easing package last week.
FX Empire
A Testy Day Ahead for the Majors as the Threat of U.S Military Action Lingers
Uncertainty over how the U.S will respond to the attacks on Saudi oil feeds could leave the markets tentative ahead of tomorrow’s FOMC decision.
Investing.com
Gold Prices Drop After Havens Rally, Remains Above $1,500 Level
Investing.com - Gold prices dropped on Tuesday in Asia but remained above the $1,500 level.
MarketWatch
Johnson, Juncker give starkly different assessments of Brexit talks
British Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker agreed Monday to ramp up talks on securing an elusive Brexit deal, but the two sides gave starkly different assessments of how far apart they are.
FX Empire
US Stock Market Overview – Stocks Drop, Energy Bucks the Trend after Drone Attack
Crude oil prices surge 14% buoying energy shares
MarketWatch
Oil-pegged currencies pop after the biggest jump for crude prices in a decade
Currencies linked to oil prices pop on Monday after an attack on Saudi Arabian oil production facilities over the weekend knocked out 5% of the world’s production, with some analysts speculating that it could take months to bring the facilities back online.
FX Empire
Gold Price Prediction – Gold Rallies as Geopolitical Risks Rise
Gold rises and remains oversold
Investing.com
Stocks - S&P Slumps Despite Rising Oil Fueling Energy Rally
Investing.com - Stocks moved lower overall on Monday in the wake of the drone attacks on Saudi Arabian oil facilities and oil fields.
FX Empire
GBP/USD, USD/CAD, USD/MXN – North American Session Daily Forecast
With no major events to kick off the week, the Canadian dollar and Mexican peso are showing little movement. The British pound is showing some volatility and has retracted after ending last week with sharp gains.
FX Empire
Gold Price Forecast – Gold markets gap higher to kick off the week
Gold markets gapped higher but have then pulled back significantly bearish pressure in a market that is trying to come to terms with the lot of negative issues out there that are just waiting to jump into the fray.