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
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
More View more
Real Time News
  • The USD could still rally a bit from here, but has resistance not far ahead that it will need to overcome if it is to extend to a larger degree. Get your weekly $USD technical forecast from @PaulRobinsonFX here:
  • When it comes to buying and selling forex, traders have unique styles and approaches. Learn about buying and selling forex here:
  • Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize negative slippage, while potentially maximizing positive slippage. Learn about FX slippage here:
  • What is your forex trading style? Take the quiz and find out:
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here:
  • The results of this weekend’s German Federal Election will likely dominate Euro sentiment at the start of the week ahead but after a possible EUR/USD bounce they will have little long-term impact. Get your weekly $EUR forecast from @MartinSEssex here:
  • The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels. Learn how to better understand CPI here:
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here:
  • Sterling continues to contract into trend extremes and the focus is on a pending breakout in the weeks ahead. Get your weekly $GBP technical forecast from @MBForex here:
  • Japanese candlesticks are a popular charting technique used by many traders, and the shooting star candle is no exception. Learn about the shooting star candlestick and how to trade it here:
Asian Stocks Mixed As G7 Anger, Trump/Kim Summit Dominate Trade

Asian Stocks Mixed As G7 Anger, Trump/Kim Summit Dominate Trade

David Cottle, Analyst


  • Asian stocks were mixed in a day short of local economic numbers
  • The weekend’s angry G7 meeting clouded markets’ start
  • The looming meet between Donald Trump and Kim Jong Un was in huge focus

Find out what the #1 mistake that traders make is and how you can avoid it.

Asian shares were mixed Monday as well they might have been given all the news stories investors have to digest. Stocks weren’t helped by reports from last weekend’s meeting of the Group of Seven nations in Quebec. That get-together was fractious with the US looking still-more isolated in its enthusiasm for new trade barriers and readmitting Russia to the block. Europe and Canada have threatened counter-action against the US, keeping trade war fears very much front and centre for the markets.

However Asian Focus quickly turned to Tuesday’s summit meeting between Donald Trump and North Korean leader Kim Jong Un. Markets seem very unsure what to expect from this in terms of concrete progress, with relentless media speculation adding nothing solid to the mix. North Korean sources have reportedly said they seek a durable peace. Donald Trump spent Monday with his Singaporean government hosts.

The Nikkei was up by 0.6%, with stocks in Hong Kong and South Korea higher too. Australian markets were thinned considerably by the Queen’s Birthday break and the ASX was closed. Shanghai slipped a little

There are also three central bank monetary policy meetings coming up this week, from Japan, the Eurozone and the US. The Federal Reserve is expected to raise interest rates again, with the European Central Bank tipped to discuss some withdrawal of its own monetary stimulus.

The Japanese Yen made some gains in Asian hours as that G7 meeting weighed on risk appetite. USD/JPY seems to have settled back into the broad range trading which has dominated for the past couple of months.

Asian Stocks Mixed As G7 Anger, Trump/Kim Summit Dominate Trade

US Dollar Vs Japanese Yen, Daily Chart With Current Range

The Euro was a little higher too as investors looked toward the ECB.

Crude oil prices slipped on news of increased supply from both the US and Russia, while gold prices also ticked higher.

Still to come on Monday are trade and industrial production numbers out of the UK.


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.