Markets Risk Averse, S&P 500 Net-Short Bets Put Support In Focus
Equities are showing signs of risk aversion ahead of testimony from Fed Chair Jerome Powell, though S&P 500 net-short positioning may precede a turn higher as support looms.
S&P 500 Reversal Forming, Nikkei 225 Gains with Docomo Price Cuts
Equities traded little higher as the Nikkei 225 rose with NTT Docomo shares after smaller-than-expected price cuts. All the while, the S&P 500 is carving out a bearish technical pattern.
Nikkei 225 Tests Resistance as Equities Await US Earnings Season
Equities traded mixed in Asia as the S&P 500 awaits the first quarter US earnings season. Upside momentum in the Nikkei 225 is fading, hinting that it may fall to support next week.
S&P 500 Uptrend Eyed, Risks for AUD/USD Tilted to Upside on RBA
The S&P 500‘s uptrend carried on as markets focused on upbeat US ISM Manufacturing PMI data. Ahead, the risks for AUD/USD are tilted to the upside on April’s RBA rate decision.
USD/CAD Fell to Support on GDP. Asia Stocks May Rise as Yen Drops
USD/CAD dropped to support on rosy GDP data, the British Pound fell after Mays Brexit deal failed to pass through Parliament, delaying the divorce. Asia stocks may rise as Yen sinks.
Asia Stocks Trim Some of Recent Gains as Nikkei 225 Uptrend Holds
Asia Pacific stocks slightly trimmed their recent gains as the FOMC neared. The Nikkei 225s uptrend is still intact, held together by rising support from the beginning of this year.
British Pound Soars as UK PM Theresa May Considers Brexit Delay
The British Pound soared in early Tuesday trade on reports UK Prime Minister Theresa May is considering delaying Brexit. AUD/USDs ascent paused on resistance as
S&P 500 Welcomes US-China Trade Talk Progress, Asia Stocks May Rise
The S&P 500 aimed higher on Friday on welcoming progress in US-China trade talks, dampening the appeal of the US Dollar. Asia Pacific equities may
S&P 500 Took Path of Least Resistance on FOMC Minutes, AUD at Risk
The US Dollar was jawboned by risk trends and the FOMC meeting minutes as the S&P 500 took the path of least resistance. AUD/USD may
Nikkei 225 Eyes Key Resistance After Rally in S&P 500 as USD Fell
The US Dollar fell as a recovery in sentiment sapped its appeal as a haven asset. Asia stocks may rise, offering the Nikkei 225 a
EUR/USD May Extend Declines, Nikkei 225 May Fall with Asia Stocks
EUR/USD may extend declines after support broke in the aftermath of the ECB. GBP spikes on the Brexit latest. Asia Pacific stocks may fall as
