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. See our updated Privacy Policy here.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Real Time News
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.17% 🇬🇧GBP: 0.07% 🇨🇭CHF: 0.04% 🇳🇿NZD: -0.06% 🇦🇺AUD: -0.12% 🇨🇦CAD: -0.13% View the performance of all markets via
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.48%, while traders in Wall Street are at opposite extremes with 78.79%. See the summary chart below and full details and charts on DailyFX:
  • 🎯 Bitcoin extending its surge through the weekend to trade back above $35K. Seeing some serious upward momentum here, but in light of Fed event risk this week, it may be prudent for short-term tactical traders to consider unwinding exposure a bit. #Bitcoin $BTC $BTCUSD
  • Did you know a Doji candlestick signals market indecision and the potential for a change in direction. What are the top five types of Doji candlesticks? Find out
  • RT @FxWestwater: Asia AM - New Zealand Dollar Outlook: $NZDUSD Breakout Chance Shifts Into View…
  • Are you new to trading? Technical analysis of charts aims to identify patterns and market trends by utilising different forms of technical chart types and other chart functions. Get a refresher on technical analysis or begin building your knowledge here:
  • Entry orders are a valuable tool in forex trading. Traders can strategize to come up with a great trading plan, but if they can’t execute that plan effectively, all their hard work might as well be thrown out. Learn how to place entry orders here:
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:
  • *Reminder: Weekly Strategy Webinar tomorrow morning at 8:30am EST on DailyFX! A look at the levels heading into #FOMC -
  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here:
Asian Stocks End Mixed, UK Pound Turns South On New Election Poll

Asian Stocks End Mixed, UK Pound Turns South On New Election Poll

David Cottle, Analyst

Talking Points:

  • Asian stocks traded narrowly and mixed as Chinese markets returned to full steam after holidays
  • Investors found some reassurance in China’s manufacturing Purchasing Managers Index whihc came in above forecasts
  • The UK Pound took a knock, however

Learn how to trade Asia/Pacific markets more effectively with the DailyFX Trading Guide

Stocks in Asia were mixed yet again on Wednesday as Chinese markets returned after a day’s holiday. However, most indexes are on course for a run of five straight monthly gains as May bows out.

Investors seemed reassured by China’s official Purchasing Managers Indexes, which came in better than expected for this month. Shanghai stocks added 0.2%, while Australia’s ASX 200 rose 0.1%. The Nikkei 225 shed 0.1% into the close.

The UK Pound slipped too after a poll suggested that Prime Minister Theresa May’s Conservative Party may not win an overall majority in June 8’s General Election. The US Dollar scraped higher against major traded peers including the Euro, which also slipped a little. The New Zealand Dollar got a modest lift from Reserve Bank of New Zealand Governor Graeme Wheeler. He sounded a cautiously upbeat note as he introduced the bi-annual Financial Stability Review.

Crude oil prices fell by about 25 cents/barrel as rising output from Libya added to now-ancient worries about a supply glut.. Gold prices fell for a third straight day in Asia Wednesday. The oldest haven looks set for its first monthly fall since December as investors seem more convinced that US interest rates will rise next month.

The rest of the session offers Germany unemployment numbers, official Euro zone consumer prices and Canadian first-quarter Gross Domestic Product news. US pending home sales and the Chicago Purchasing Managers Index are also coming up. As for central bank speakers, investors can look to hearing from Dallas Federal Reserve President Robert Kaplan and European Central Bank executive board member Sabine Lautenschlaeger.

--- Written by David Cottle, DailyFX Research

Contact and follow David on Twitter:@DavidCottleFX

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