0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Mixed
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Bearish
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • 🇨🇳 FDI (YTD) YoY (JUL) Actual: 0.5% Previous: -1.3% https://www.dailyfx.com/economic-calendar#2020-08-13
  • Have you been catching on your @DailyFX podcast "Global Markets Decoded"? Catch up on them now, before new episodes release! https://t.co/Twr44cZ1GB https://t.co/6b3JtrSQnP
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/9:30 AM GMT to learn about how you can become a better trader. Register here: https://t.co/WeWGKtdlyz https://t.co/4hIQtGPL0N
  • Gold Prices May Resume Selloff After Digesting Largest Drop in 7 Years - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2020/08/13/Gold-Prices-May-Resume-Selloff-After-Digesting-Largest-Drop-in-7-Years.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #XAUUSD #gold https://t.co/aWOvE1KJXc
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.83%, while traders in US 500 are at opposite extremes with 77.46%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/EQ77jevtaX
  • Heads Up:🇫🇷 IEA Oil Market Report due at 08:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-08-13
  • Hey traders! I'm sure you've all heard about trend trading. Sharpen your knowledge here: https://t.co/jkliL5sxj7 https://t.co/QPW1os7wbE
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Silver: 0.98% Gold: 0.60% Oil - US Crude: -0.18% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/gDZGfvBOHv
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.31% 🇨🇭CHF: 0.22% 🇬🇧GBP: 0.21% 🇦🇺AUD: -0.01% 🇨🇦CAD: -0.03% 🇳🇿NZD: -0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/9IwXKOUieT
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.16% US 500: -0.17% Germany 30: -0.24% France 40: -0.50% FTSE 100: -0.96% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/MtMyrT3zZY
Euro at Risk, Market Mood Hinges on Trump-Liu Metting Outcome

Euro at Risk, Market Mood Hinges on Trump-Liu Metting Outcome

2019-02-22 07:30:00
Ilya Spivak, Head Strategist, APAC
Share:

TALKING POINTS – EURO, GDP, IFO, DRAGHI, TRUMP, LIU, US-CHINA TRADE WAR

  • Euro faces deluge of data risk, ECB President Draghi speech
  • US-China trade talks likely to drive overall market sentiment
  • Trump/Liu meeting may move Yen, Dollar, commodity FX

The Euro faces a difficult session in the final hours of the trading week. A revised set of German GDP figures comes first. Expectations envision confirmation of flash estimates showing growth stalledin the fourth quarter. A steady stream of disappointments on recent data outcomes makes a downward revision into negative territory appear quite plausible however.

Germany’s IFO survey of business confidence is up next. The precipitous drop started in mid-2018 is projected to continue, with the headline sentiment gauge falling to the lowest in over four years. Shortly thereafter, revised Eurozone CPI data is seen matching early projections putting the on-year inflation rate at 1.4 percent, the lowest since April.

Finally, ECB President Mario Draghi is due to speak at the University of Bologna. The remarks are to be made at a ceremony in Mr Draghi’s honor, so it is quite possible that they will not contain significant policy insights. In the event that they do however, the tenor of recent pronouncements form ECB officials broadly suggests a dovish bias is likely to prevail.

MARKET MOOD HINGES ON LIU, TRUMP MEETING OUTCOME

Later in the day, the spotlight will turn to a meeting between US President Donald Trump and Chinese Vice Premier Liu He. The latter is in Washington for the latest round of trade negotiations. The markets have been hoping for a breakthrough following reports that officials on both sides are working out six broad memorandums of understanding (MOUs) addressing all their friction points.

The clock is ticking. The March 1 deadline for this round of talks is just a week away. Mr Liu’s visit presents an opportunity to reassure markets by announcing an extension. Sentiment-geared commodity currencies may rise in such a scenario while the anti-risk Yen and US Dollar backpedal. The absence of clear signs of progress might trigger the precisely opposite result however.

What are we trading? See the DailyFX team’s top trade ideas for 2019 and find out!

ASIA PACIFIC TRADING SESSION

Asia Pacific Trade Economic Calendar

EUROPEAN TRADING SESSION

Europe Trade Economic Calendar

** All times listed in GMT. See the full economic calendar here.

FX TRADING RESOURCES

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

To contact Ilya, use the comments section below or @IlyaSpivak on Twitter

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.