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.

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
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Bearish
Wall Street
Bearish
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
Gold
Bullish
GBP/USD
Mixed
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
USD/JPY
Bearish
More View more
Real Time News
  • The Hang Seng Index #HSI appears to face an immediate resistance at 29,870 (127.2% Fibonacci extension). Prices surged more than 3% before pulling back slightly in the afternoon trading session. Stock connections registered over HK$ 20 billion net southbound flow today. https://t.co/3J5JNIVopi
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Germany 30 are at opposite extremes with 67.52%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/4BsBWBZvaI
  • Oil - US Crude IG Client Sentiment: Our data shows traders are now net-long Oil - US Crude for the first time since Jan 05, 2021 when Oil - US Crude traded near 5,008.80. A contrarian view of crowd sentiment points to Oil - US Crude weakness. https://www.dailyfx.com/sentiment https://t.co/8PE3J3958F
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.43% 🇳🇿NZD: 0.34% 🇨🇦CAD: 0.27% 🇪🇺EUR: 0.15% 🇨🇭CHF: -0.01% 🇯🇵JPY: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/CCqUPxXb1g
  • Get your snapshot update of the of relative currency strength and exchange status from around the globe here: https://t.co/H19vRDCpUJ https://t.co/ruKhwAC2Sf
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.74% France 40: 0.60% FTSE 100: 0.56% US 500: 0.39% Wall Street: 0.28% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/NDCTrOVL5r
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Silver: 1.02% Oil - US Crude: 0.42% Gold: 0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/N0Fo4mM16G
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.37% 🇳🇿NZD: 0.34% 🇨🇦CAD: 0.22% 🇬🇧GBP: 0.14% 🇨🇭CHF: 0.01% 🇯🇵JPY: -0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/IBkW89Ji1M
  • Japanese Chief Cabinet Secretary Kato: Vaccination supply for population to be secured by 1H of this year - BBG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Germany 30 are at opposite extremes with 66.75%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/KdbuJBLZMr
Asian Stocks Falter As Syria Tensions Rise. Fed Minutes Mulled

Asian Stocks Falter As Syria Tensions Rise. Fed Minutes Mulled

David Cottle, Analyst

Talking Points:

  • Asian stocks fell broadly on Thursday
  • Uncertainty over what western nations- led by the US- will do in Syria clouded the session
  • The Kospi was the only standout gainer

Would you like to know more about Bitcoin? The DailyFX Beginners’ Guide was written for you

Asian Stocks drifted lower in the main Thursday, with worries about Western military intervention in Syria front and centre.

US President Donald Trump Tweeted overnight that Russia ought to ‘get ready’ for US action, Russia having said earlier that it would shoot down any missiles targeting the Assad regime.

The Nikkei 225 ended down by just 0.1% in the end, with most other regional bourses mildly lower. The Kospi stood out, gaining as shipping and tech names caught bids of their own.

Australia’s ASX 200 seems to have failed at another upside test of its broad trading range, and also at the top of a prominent technical downtrend channel, leaving the path of least resistance looking as though it’s still to the downside.

Asian Stocks Falter As Syria Tensions Rise. Fed Minutes Mulled

Investors also digested the latest US Federal Reserve monetary-policy meeting minutes, released very early in the Asian session. They found the panel upbeat on economic prospects and pretty sure that inflation will continue to rise. With interest rate hikes still very much on the table, gold prices lost some of their early gains and the US Dollar rose back against the Japanese Yen. The Australian Dollar took a modest hit when weaker inflation-expectation data crossed the wires and failed to make up any of that ground in a risk-averse foreign exchange session.

Crude oil prices held up on those Syria tensions although they remained some way below their recent highs.

Yet to come Thursday are the Bank of England credit conditions survey, the European Central Bank’s account of its last monetary policy meeting and Canada’s new house price index. From the US will come continuing jobless claim figures and the export price index.

Resources for Traders

Whether you’re new to trading or an old hand DailyFX has plenty of resources to help you. There’s our trading sentiment indicator which shows you live how IG clients are positioned right now. We also hold educational and analytical webinars and offer trading guides, with one specifically aimed at those new to foreign exchange markets. There’s also a Bitcoin guide. Be sure to make the most of them all. They were written by our seasoned trading experts and they’re all free.

--- Written by David Cottle, DailyFX Research

Follow David on Twitter@DavidCottleFX or use the Comments section below to get in touch!

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

DISCLOSURES