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Update on 2018 forecast, stock and bond movements

By: New_Deal_democrat

In this relatively slow news week, let me update a couple of subjects on which I've recently posted here. A few days ago Lakshman Achuthan of ECRI revealed a change in their longer term forecast: https://seekingalpha.com/article/4159375-ecris-lakshman-achuthan-long-leading-index-turned "The growth rates of our long leading indicators have turned down," he said. Read more

XE Market Analysis: North America - Mar 28, 2018

By: XE Market Analysis

The dollar traded firmer, especially against the yen and Swiss franc. USD-JPY logged a one-week high at 105.95 after more than reversing intraday losses. EUR-JPY and other yen crosses also picked up from intraday declines, but remained off recent highs. Read more

XE Market Analysis: Europe - Mar 28, 2018

By: XE Market Analysis

The yen was moderately bid amid a rekindling in risk aversion in global asset markets, led by a sharp tech-sector rout on Wall Street yesterday, which left the Nasdaq nursing a hefty 2.9% loss at the close of the regular session. USD-JPY drifted to a 105.32 low, subsequently picking itself up back above 105.50 into the London interbank open but so far remaining off yesterday's high at 105.90. Read more

XE Market Analysis: Asia - Mar 27, 2018

By: XE Market Analysis

The dollar index rallied some early in the session, topping at 89.63, before heading back to 89.30 lows. Wall Street started higher, with the Dow supported by big GE gains, though losses ensued, especially in the NASDAQ, where Tesla and Facebook were hit, and NVIDIA pulled the plug on autonomous car testing. Read more

XE Market Analysis: North America - Mar 27, 2018

By: XE Market Analysis

The dollar has posted a decent rebound after posting fresh lows versus the euro and other currencies. The narrow trade-weighted USD index (DXY) is showing a gain of 0.3% presently, at 89.29, retracing about two thirds of the decline seen over the last day, which earlier left a six-week low at 88.94. Read more

XE Market Analysis: Europe - Mar 27, 2018

By: XE Market Analysis

The yen posted fresh lows today, losing ground for a second straight day amid a backdrop of reviving risk appetite and associated gains in global stock markets. USD-JPY clocked a three-session high of 105.75 in Tokyo, about a 35 pip gain on the New York closing levels, putting in some further distance from the 16-month low seen on Friday at 104.64. Read more

XE Market Analysis: Asia - Mar 26, 2018

By: XE Market Analysis

The DXY fell to levels last seen on February 19, dropping to 89.02, after opening at 89.32. Despite a Wall Street raly, as trade tensions eased, and higher Treasury yields,. the dollar got no support. Bigger picture, trade issues will most likely remain, and the U.S. Read more

XE Market Analysis: US Dollar Weakens as Trade War Fears Ease

By: xemarketanalysis

OVERVIEW US Dollar is weaker across the board. British Pound is broadly higher based on improved risk appetite. Trade fears ease after comments from U.S. Treasury Secretary and Chinese Premier. HIGHLIGHT The US Dollar index has fallen around 0.5% to a 5-week low as trade tensions were eased by comments from US Treasury Secretary Steve Mnuchin, who expressed confidence that the US and China can reach a deal on trade. US DOLLAR The Dollar is weaker across the board as investor risk appetite improves, leading to a resumption of the favored trade of selling the USD. BRITISH POUND The Pound is gaining against all its major counterparts except against the Euro and has hit a 7-week high versus the Dollar, as investors continue to cheer last week's Brexit progress. EURO The Euro is making solid gains with little in the way of data aside from decent growth figures that were confirmed in France and the Netherlands. Read more

XE Market Analysis: North America - Mar 26, 2018

By: XE Market Analysis

The dollar and yen traded softer against most other currencies as risk appetite rebounded in global markets after U.S. Treasury Secretary Mnuchin said that there has been "productive" talks with China. This helped allay investor anxieties about prospects for an escalating trade way. Read more

XE Market Analysis: Europe - Mar 26, 2018

By: XE Market Analysis

The dollar has traded modestly softer against most currencies, outside the case of USD-JPY amid a backdrop of relative stability in stock markets in Asia and with S&P 500 futures posting gains of near 1% in overnight trading. EUR-USD posted a tow-session high of 1.2383. Read more

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