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.



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
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
Oil - US Crude
Wall Street
More View more
Real Time News
  • The US Dollar will be bracing for a cascade of political risks including the first presidential debate, ongoing stimulus talks, the Supreme Court vacancy against the backdrop of key employment data. Get your #currencies update from @ZabelinDimitri here:
  • The Indian Rupee may be at risk to the US Dollar as USD/INR attempts to refocus to the upside. This is as the Nifty 50, India’s benchmark stock index, could fall further. Get your $USDINR market update from @ddubrovskyFX here:
  • 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:
  • Weakness in equity markets continued last week as losses built and technical patterns hint further bearishness might be ahead. Get your #equities update from @PeterHanksFX here:
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here:
  • There is a great debate about which type of analysis is better for a trader. Is it better to be a fundamental trader or a technical trader? Find out here:
  • #Gold prices succumbed to selling pressure as the US Dollar soared this past week What is #XAUUSD facing these next few days and can these fundamental forces extend its selloff? Check out my outlook here -
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here:
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here:
  • 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:
Most Asian Stocks Gain As US Tax Hopes Lift Sentiment Again

Most Asian Stocks Gain As US Tax Hopes Lift Sentiment Again

2017-12-19 06:40:00
David Cottle, Analyst

Talking Points:

  • Most Asian stocks gained, as had their US counterparts the session before
  • The Nikkei 225 failed to hang on however. It slipped into the close
  • The Australian Dollar found little solace in quite upbeat RBA policy meeting minutes

Do you wish you knew a little more about Bitcoin? The free DailyFX Beginners’ Guide has you covered

Most major Asian indexes were higher Tuesday, tracking yet more record highs for Wall Street as US tax reform seemed to be moving closer to becoming law.

Ironically the regional heavyweight, the Nikkei 225, was one bourse which failed to hang on. Despite trading higher for much of the session it succumbed before the closing bell to finish down 0.15%. The ASX 200 added 0.7%, with Chinese stocks also higher. Seoul’s Kospi flopped around the start line but looked set for a weaker close.

Despite some tax optimism the US Dollar had edged lower against its major traded rivals during US hours, but it didn’t go far either way in Asia. The Australian Dollar initially struggled to hold up despite some relatively optimistic monetary policy meeting minutes from the Reserve Bank. However AUD/USD firmed as the session went on. Geopolitics crept back to the fore as President Donald Trump Monday revealed his national security strategy. This labelled Russia and China ‘revisionist powers,’ and said that they were determined to make econmies less free and less fair.

Crude oil prices were rangebound as supply disruptions were reportedly offset by news of rising output. Gold prices inched upward. Bitcoin was steadier on the second day of futures trading on the Chicago Mercantile Exchange. The rest of Tuesday offers investors Germany's Ifo business climate survey along with November's US housing start and building permit snapshot.

--- 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.