Commodities broken down – ANZ

Analysts at ANZ offered a breakdown of price action in the commodity sector. Key Quotes: "Oil prices remain under pressure as OPEC’s efforts to curb supply, and rebalance the market, continue to be challenged by other sources of supply. Output from Libya is rising following the deal wit ...

BoJ: officials issue statements related to an “exit” – Nomura

In respect of the BoJ, analysts at Nomura noted the rise of ‘exit talk’ and policy implications. Key Quotes: "That being the case, it would seem reasonable to conclude that the recent willingness of BOJ officials to engage in “exit talk” has no implications for monetar ...

Fed Evans key comments: supports gradual hikes

Charles Evans, president of the Federal Reserve Bank of Chicago was speaking in NY: Key Quotes: If wages growing more would think econ more. Fed Evans q&a: real economy doing 'quite well'. Support 'very gradual' hikes, balance sheet reduction. See downside risks t th ...

NZD/USD: drifts further to the downside post Fed Evans

Currently, NZD/USD is trading at 0.7223, down -0.11% on the day, having posted a daily high at 0.7239 and low at 0.7221. NZD/USD has continued to drift to the downside in early Asia, with the dollar picking up a bid while markets take the Fed's sincerity as sentiment for continued growth i ...

USD/HUF down move could be exhausted

USD/HUF opened yesterday on the lower edge after a previous falling session, but rallied and closed well above the prior session's close.This price action has left a piercing line on the chart that let bears second-guess their positions. Such a pattern may be some cause for optimism when it appear ...

EUR/USD MACD fails to challenge recent highs

EUR/USD could be facing downside pressure as its MACD failed to test recent highs.A bearish divergence between EUR/USD spot behavior and the MACD over the last few weeks suggests downside vulnerability ahead. Further, the MACD line crossed below its signal line on a 4-hour closing basis, an even ...

Bearish reversal pattern on the EUR/CHF daily chart

A retracement into the gains of the previous day's gains morphed into a Dark Cloud Cover pattern adding more bearish sentiment to the EUR/CHF daily chart.This pattern portends a potential resistance zone and an opportunity for traders to position themselves short with additional bearis ...

Fedspeak: continued growth in the economy. – Nomura

Analysts at Nomura noted the Fed speakers today. Key Quotes: US Dollar fills opening gap, refreshes session top above 97 "At a roundtable meeting with local business leaders in Plattsburgh, New York, this morning, Federal Reserve Bank of New York President William Dudley displayed hi ...

Peru stocks higher at close of trade; S&P Lima General up 0.81%

Investing.com – Peru stocks were higher after the close on Monday, as gains in the Mining, Banking&Financials and Food&Beverages sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.81%. The best performers of the session on the S&P Lima General were ...

Dow and S&P 500 close at record highs as tech wobbles fade

Investing.com – U.S. stocks closed at record highs on Monday, as investors piled back into technology stocks, with shares of Amazon (NASDAQ:AMZN) hitting an all-time high. The recent wobble in tech stocks weighing on the shares of large-cap technology companies like Facebook, Amazon, Apple ...

Gold under pressure, bears eye $1,214 on the wide

Gold lost out to improved risk sentiment at the start of the week while the yen dropped 0.61% and the precious metal fell to a recent low of $1,243.46. USD/JPY intermarket: risk on, watching yields, stocks and gold Gold traded as high as $1,280.48 on the 14th June before sliding thus far. The FOM ...

Crude future point to weaker Asia trade with API estimates ahead

Investing.com - Crude futures pointed weaker for Asia on Tuesday with industry estimates of U.S. crude and refined product figures due later in the day to set the tone. On the New York Mercantile Exchange crude futures for August delivery was last quoted at $44.34 a barrel, while on London' ...

Brazil stocks higher at close of trade; Bovespa up 0.63%

Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Financials and Industrials sectors led shares higher. At the close in Sao Paulo, the Bovespa added 0.63%. The best performers of the session on the Bovespa were Embraer SA (SA:EMBR3), which rose ...

Mexico stocks lower at close of trade; IPC down 0.16%

Investing.com – Mexico stocks were lower after the close on Monday, as losses in the Consumer Goods&Services, Materials and Consumer Staples sectors led shares lower. At the close in Mexico, the IPC fell 0.16%. The best performers of the session on the IPC were Grupo LALA SA de CV (MX:LALAB), ...