Filtered by date: 30.08.2019. Clear
  • Equities Surge on China’s Trade Comments

    Risk sentiment received a boost late in the week in response to a surprise announcement from China regarding the ongoing trade war between itself and the US. Gao Feng, a spokesman from the Chinese Ministry of Commerce told reporters “We firmly reject an escalation of the trade war, and are willing to negotiate and collaborate […]

  • Tepid Inflation Growth in the Eurozone Keeps Deflation Risks High

    Inflation in the Eurozone slowed to 1.0% in August, the Bureau of Statistics said in a preliminary report on Friday. In July, the broad CPI grew by 1.0% in annual terms, however, given the fall in market inflation expectations due to steep rally in bonds market, this shifts the balance of risks towards deflation, which requires countermeasures such as QE and deposit rate cut.

  • XAUUSD approaching support, potential for a bounce!

    XAUUSD is expected to drop to 1st support at 1520.069 where it could potentially react off and up to 1st resistance at 1533.456. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDCHF bounced from support, potential for a further rise!

    USDCHF bounced off 0.98767 where it could potentially rise further to 0.99337. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY bounced from support, potential for a further rise!

    USDJPY bounced off 106.282 where it could potentially rise further to 106.700. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY bounced from support, potential for a further rise!

    DXY bounced off 98.55 where it could potentially rise further to 98.91. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    DXY bouncing nicely.