• Markets drop amid possible recession warning sign
    Yahoo Finance16 minutes ago

    Markets drop amid possible recession warning sign

    Equities slid after new reports showed that the manufacturing industries in the U.S. and Germany slid in March, fueling concerns of a global slowdown.

  • MarketWatch1 hour ago

    Stephen Moore says he doesn't want to disrupt Fed, says call to fire Powell was written 'in anger'

    Stephen Moore, who President Trump on Friday said he would nominate to the Federal Reserve, said in an interview he will be an "independent voice." Speaking to Bloomberg Television, the campaign adviser to Trump said his previous call to fire Chairman Jerome Powell "was probably written in a time of anger" but that the December rate hike was a mistake that has been reversed. He said he looked forward to working with Powell and that Powell could be a "hero." "I do not want to be disruptive, I want to be somebody that can really help Chairman Powell and the others on that board to construct the best pro-growth, stable price system that we can for this country," Moore said.

  • GBP/USD Daily Price Forecast – Sluggish and Rangebound Pattern
    FX Empire6 hours ago

    GBP/USD Daily Price Forecast – Sluggish and Rangebound Pattern

    GBP/USD Pair gained strength on a two-week Brextension. Pair strongly consolidating and providing no clear direction.

  • Dollar boosted as economic worries undercut euro
    MarketWatch6 minutes ago

    Dollar boosted as economic worries undercut euro

    The U.S. dollar climbs in Friday trading, as investors grapples with an inverted U.S. Treasury yield curve and another round of disappointing economic data in the eurozone region that put pressure on the euro.

  • Investing.com7 hours ago

    Dollar's March Higher Stifled by Rally in Yen on Safe-Haven Demand

    Investing.com - The U.S dollar edged higher against its rivals Friday following a rebound in U.S. home sales, but gains were limited by a sharp rise in the yen as U.S. government bond yields slumped amid fears of slowing growth.

  • Precious Metals Hold Steady Amid Renewed Risk Appetite
    FX Empire7 hours ago

    Precious Metals Hold Steady Amid Renewed Risk Appetite

    Gold gains as poor eurozone data resulted in a sharp decline in European equities.

  • European markets tumble as growth fears increase
    MarketWatch7 hours ago

    European markets tumble as growth fears increase

    Preliminary PMI figures for the eurozone missed analysts expectations, hitting markets in Europe, and driving German bund yields to below 0 for the first time in two years.

  • Gold Up On Weak European Data, Silver Shows Signs Of Exhaustion
    FX Empire7 hours ago

    Gold Up On Weak European Data, Silver Shows Signs Of Exhaustion

    Gold is trading up on the day despite a stronger dollar, All about Eurozone weak data. Palladium falls amid profit taking ahead of the weekend.

  • EUR/USD Mid-Session Technical Analysis for March 22, 2019
    FX Empire8 hours ago

    EUR/USD Mid-Session Technical Analysis for March 22, 2019

    Based on the early price action and the current price at 1.1298, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the uptrending Gann angle at 1.1287.

  • Reuters9 hours ago

    ESM's Regling says time ripe to give euro more clout, deepen union

    The time is ripe for euro zone countries to deepen the monetary union and strengthen the currency's global role, but they still have to overcome differences on fiscal instruments for a future common budget, the head of its ESM bailout fund said on Friday. Speaking at a conference in Lisbon, where Eurogroup chairman Mario Centeno made a similar call, Klaus Regling said the ESM's discussions with investors had shown that they are closely looking at the topic of the currency's global role.

  • Investing.com10 hours ago

    Gold Rises on Slowing Global Growth, Treasury Yield Inverse

    Gold prices were higher on Friday as disappointing data in the euro zone drove investors to the safe-haven asset. Business sectors across Europe declined in preliminary data readings in March, with German manufacturing contracting to its slowest reading in six years. “It is about the weakness in the economy in the euro zone and outlook for interest rates which makes holding gold more attractive,” said Quantitative Commodity Research analyst Peter Fertig.

  • AUD/USD Forex Technical Analysis – March 22, 2019 Forecast
    FX Empire10 hours ago

    AUD/USD Forex Technical Analysis – March 22, 2019 Forecast

    Based on the early price action, the direction of the AUD/USD is likely to be determined by trader reaction to a downtrending Gann angle at .7102 and the 50% level at .7105.

  • Investing.com10 hours ago

    Stocks - Wall Street Declines on Global Growth, Yield Curve Concerns

    The Dow fell 282 points, or 1.09%, by 9:55 AM ET (13:45 GMT) while the S&P; 500 slipped 27 points, or 0.94%, and the tech-heavy Nasdaq composite was down 85.5 points or 1.08%.

  • Price of Gold Fundamental Daily Forecast – Prices Spike Higher on Weaker-Than-Expected European PMI Data
    FX Empire11 hours ago

    Price of Gold Fundamental Daily Forecast – Prices Spike Higher on Weaker-Than-Expected European PMI Data

    The weak data out of Europe is underpinning gold today despite the stronger U.S. Dollar Index. Weak data means lower interest rates in the Euro Zone and lower rates tend to be bullish for gold. In the U.S., traders will get the opportunity to react to the latest Flash Manufacturing PMI and Flash Services PMI at 13:45 GMT. Weaker-than-expected data should be bullish for gold.

  • MarketWatch11 hours ago

    U.S. stock futures tumble after data showing slump in German manufacturing

    U.S. stock futures took a hit early Friday after data showed a reading on German manufacturing fell to its lowest level since 2012. Dow Jones Industrial Average futures slid 133 points, or 0.5%, to 25,877, while S&P 500 futures fell 13.35 points, or 0.5%, to 2,849.25. Nasdaq-100 futures dropped 32.5 points, or 0.4%, to 7,502.25. Stock futures pushed lower after the Markit manufacturing purchasing managers index for German slid to 44.7, its lowest reading in over six and a half years. "The downturn in Germany's manufacturing sector has become more entrenched, with March's flash data showing accelerated declines in output, new orders and exports," said Phil Smith, economist at IHS Markit, in a press release. Losses were widespread, with the euro dropping 0.7% to $1.1298 and the Stoxx Europe 600 index falling 0.5% to 378.60.

  • Commodities Daily Forecast – March 22, 2019
    FX Empire11 hours ago

    Commodities Daily Forecast – March 22, 2019

    Gold prices initially rallied during Thursday’s session, reaching towards the $1325 level before rolling over significantly. The gold prices have broken below the $1310 level and formed a bit negative candle. The crude oil price has failed to break above the $60 level in yesterday’s session and has pulled back slightly.

  • Forex Daily Outlook – March 22, 2019
    FX Empire11 hours ago

    Forex Daily Outlook – March 22, 2019

    After the show of strength in the Wednesday’s session, the pair gave back the gains in Thursday’s session, breaking below the 1.14 level once again. The region above the 1.14 level has been extremely resistive for the pair and given the ECB’s softer stance on interest rate hike as well, the pair will continue to struggle and remain volatile. The 1.1350 level underneath is strong support and likely to attract value. …Read MoreGBP/USD

  • GBP/USD Price Forecast – British Pound Gains On Brexit Deadline Extension
    FX Empire11 hours ago

    GBP/USD Price Forecast – British Pound Gains On Brexit Deadline Extension

    Brexit headlines gain control of price action and helped British Pound hold steady above 1.3100 handle.

  • EUR/USD Daily Price Forecast – The Pair Is Heading To Touch 1.1400 Levels
    FX Empire12 hours ago

    EUR/USD Daily Price Forecast – The Pair Is Heading To Touch 1.1400 Levels

    After yesterday’s losses, EUR/USD jumped to fresh day highs bouncing off two support points in the last three days. The pair is expected to end the week on a positive note.

  • EUR/USD Price Forecast – EURO Rebounds From Overnight Decline
    FX Empire13 hours ago

    EUR/USD Price Forecast – EURO Rebounds From Overnight Decline

    Euro gains on the positive outcome in key European events. Investors now await macro data updates for short term trading cues.

  • European Equities: Private Sector PMI Numbers to Drive the Majors
    FX Empire14 hours ago

    European Equities: Private Sector PMI Numbers to Drive the Majors

    It’s a big day for the markets. Private sector PMI numbers out of Europe and the U.S will give some guidance on where the economy is heading.

  • Private Sector PMI Numbers Put the EUR into the Spotlight
    FX Empire15 hours ago

    Private Sector PMI Numbers Put the EUR into the Spotlight

    Economic data comes back into focus today. The Eurozone’s private sector PMI numbers will indicate whether the slowdown was temporary or worsening…