Nasdaq 100 Futures Drop on Mixed Tech Earnings, Hang Seng and ASX 200 May Fall
Nasdaq 100 futures declined during early APAC trading hours as investors digested mixed US tech earnings and strong GDP data. The Hang Seng and ASX 200 futures are pointing to a lower start on Friday.
Australian Dollar Forecast: AUD/USD Eyes Chinese PMI as Iron Ore Surges Higher
The Australian Dollar failed to move higher despite a sharp rally in iron ore prices. AUD/USD remains rangebound but upcoming PMI figures out of China may bolster prices.
Bitcoin (BTC/USD) Pressured as Ethereum (ETH/USD) Probes New Highs
Bitcoin is edging back lower while Ethereum is flirting with record highs. Cryptocurrencies might stay broadly bid with the direction of BTC/USD and ETH/USD likely capitalizing on US Dollar weakness.
FinTwit, Women and Trading: An Interview with @DeadCaitBounce
Finance and trading are two areas where men considerably outnumber women. Progress is being made and DailyFX is highlighting that progress with a new series on women leaders changing finance.
Nasdaq 100, Dow Jones, S&P 500 Set for Success After Upbeat Tech Earnings
US equities have emerged from the height of earnings season with upbeat takeaways and improved clarity on the factors that drive valuations. As a result, the groundwork for further gains has been l...
Dow Jones, Volatility, Treasury ETF Fund Flows Post-FOMC
Dow Jones, VIX, and Treasury ETFs have had mixed reactions in the lead up to and immediate aftermath of the FOMC’s April policy meeting.
Gold Price Pares Post-Fed Gain Amid Rise in US Treasury Yields
The price of gold gives back the advance following the Federal Reserve interest rate decision as the 10-Year US Treasury yield climbs to a fresh weekly high (1.68%).
USD/CAD Rate Eyes January 2018 Low as RSI Flirts with Oversold Zone
USD/CAD appears to be on track to test the January 2018 low (1.2247) as the Relative Strength Index (RSI) flirts with oversold territory.
Muted Reaction From Markets As US Q1 GDP Prints At 6.4%
US GDP for Q1 2021 printed at 6.4%, edging above the already-impressive forecast of 6.1%.
Crude Oil Prices Soars, $70 in Focus as Oil Demand Outlook Strengthens
Oil prices hits one month highs as JMMC remain confident over oil demand outlook