Month: April 2018

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  USDCAD looks to test 8-day consolidation high

  Above 100 bar MA on the 4-hour and 38.2% at 1.29328, but below swing high from March 22 As stocks go lower, there is some[...]
  2018-04-04 17:14:14

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  The S&P index moves below its 200 day MA. Bearish.

  A close below would be the first time since one day in June 2016 The S&P has now moved below its 200 day MA at[...]
  2018-04-04 17:14:14

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  EURUSD moves to lowest level since March 21

  Tests swing levels The EURUSD has moved to the lowest level since March 21, taking out the low from last week at 1.22827 (double bottom).[...]
  2018-04-04 17:14:14

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  Don't expect the Eurozone inflation report later to sway the ECB's stance

  The ECB meets again later this month on 26 April But it's clear that they will continue to communicate or at least continue to hint[...]
  2018-04-04 15:25:18

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  More from China: Countermeasures on US tariffs to come "very soon"

  Further comments by China's foreign ministry spokesman Geng Shuang Judging by how bold the recent comments are, it is highly likely that we will see[...]
  2018-04-04 15:25:18

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  US equity futures not liking China's response on trade so far

  S&P 500 futures fall to the lowest point in the day Some jitters in the market ahead of the retaliatory measures by China that is[...]
  2018-04-04 15:25:18

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  China to levy reciprocal tariffs on 106 US products - state media

  Reports are emerging on China's retaliatory measures There's your bit of headline risk. Yen pairs sent lower, with USD/JPY now at 106.31 to session lows.[...]
  2018-04-04 15:25:18

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  China's finance ministry confirms additional tariffs on US goods

  A statement by China's finance ministry confirming what the state media reported earlier US equity futures tumbling further on the day - S&P 500 futures[...]
  2018-04-04 15:25:18

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  Coming up at the bottom of the hour: UK March construction PMI data

  Your UK data risk at 08.30 GMT 4 April  Expectations: 51.0 vs 51.4 prev Construction doesn't count much to UK GDP so not a key reading[...]
  2018-04-04 15:25:10

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  UK Markit/CIPS March construction PMI 47.0 vs 51.0 exp

  UK Markit/CIPS March construction PMI data now out 4 April  - 51.4 prev Ouch, a big miss but it's only PMI and for a sector[...]
  2018-04-04 15:25:10

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