John Kilduff of Again Capital discusses the impact of trade uncertainty with Canada on oil markets. The post Canada could use oil as a weapon in a trade war: Expert appeared first on NASDAQ.
USD/JPY may exhibit a more bearish behavior ahead of the Non-Farm Payrolls (NFP) report as it initiates a bearish sequence after failing to test the August-high (112.15).
Read full story for latest details.The post 5 big victims of the meltdown in emerging markets appeared first on NASDAQ.
Global equities continue to diverge as European markets took a dip this week after US stocks set fresh highs. Meanwhile, a big setup is brewing in the Nikkei as we move towards the final four months of 2018.
Donald Trump will continue to bring tariff headlines that likely will bring short-term downward shocks to the oil market, but overall support looks to be firm for crude oil in coming months.
September season tendencies favor Gold strength and we’re looking to validate the August low. These are the targets & invalidation levels into the monthly open.
The mid-week announcement that the EU is willing to offer the UK an unprecedented third-country deal sent Sterling racing higher as Brexit gloom began to clear.
Key risk events keep implied volatility for the CAD at lofty levels with markets placing close attention to the outcome of NAFTA talks. Elsewhere, the BoC will likely emphasis gradual tightening at rate decision.
AUD/USD in under pressure ahead of the RBA meeting, with the exchange rate at risk for a further decline as it extends the bearish series from earlier this week.
There is plenty of interesting Australian stuff going on this week, with an interest rate decision and official growth data crowning a full schedule