On Monday, Taiwan stocks traded higher after the close, as revenues in the Machinery, Electronic Parts/Components and Optoelectronic sectors brought shares higher. In Taiwan, the Taiwan Weighted gained 1.14% at the close...
Content courtesy of Tallinex Limited https://www.tallinex.com GOLD (XAUUSD) Dominant bias: Bearish Gold generally consolidated from August 1 to 19 before starting to move south sufficiently to bring about a bearish market bias...
Fedspeak Drives Dollar Higher, but Will FOMC Actually Hike in 2016? Talking Points: - The U.S. Dollar continues to drive higher after Friday’s FOMC comments began to stoke rate expectations higher for the remainder of the year out of the United States...
COT-Crude Speculators Buy at Fastest Pace Since May British pound speculators sell for a 6th week; commercials trim longs Largest net long position for small copper traders since February 2013 Speculators buy crude at fastest pace since May For more analysis and trade setups, visit SB Trade Desk...
US Dollar Posture Improves as December Rate Hike Odds Jump Talking Points: - Fed funds now pricing in a 65% chance a Fed hike in December. - EUR/USD, AUD/USD, and GBP/USD all posted bearish outside engulfing bars on Friday...
USD/JPY Spikes Higher Following Yellen and Kuroda, US PCE Next Talking Points: - USD/JPY easing some pressure from Japanese officials by gaining some distance from 100.00 - Immediate resistance appears to be 102...
Federal Reserve policymakers left open the prospect of a further interest rate rise this year even as they insisted they needed more evidence on the durability of the rebound before feeling confident enough to pull the trigger...
The action, although widely expected, prompted the pound to fall by 1.5% against the dollar. The FTSE 100 closed up 105 points at 6,740.16, higher than the same day last year. The pound was down 1.5% against the dollar at $1.3120 and was down 1.3% against the euro at 1.1799 euro...