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
Bullish
Oil - US Crude
Bearish
Wall Street
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
Gold
Bullish
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.30% 🇯🇵JPY: 0.26% 🇬🇧GBP: 0.21% 🇳🇿NZD: -0.01% 🇨🇦CAD: -0.02% 🇨🇭CHF: -0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Q57TKC4p2W
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: US 500: -1.67% Wall Street: -1.78% France 40: -2.34% Germany 30: -2.38% FTSE 100: -2.78% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/qXVjzv7tfg
  • Fed's Mester: -Want to see more, broader progress in recovery -May end year with inflation above 2%, but falling next year -Sees upside risks to inflation forecast -Sees upward valuation pressures in equity markets -Don't see elevated market risks now, but must be attuned $SPX
  • Inflation concerns revive the reflation trade, evident in yesterday’s Nasdaq drop DAX 30 likely to face increase selling pressure as tech stocks unwind. Get your market update from @HathornSabin here:https://t.co/LH8K92N8LY https://t.co/BB2FDC9qtW
  • Hey traders! Risk aversion really picked up yesterday at the close of the session. What is in-store today? Find out from @DailyFX Chief Strategist @JohnKicklighter 👇 https://t.co/wJkVH4AZUY
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Silver: 0.49% Oil - US Crude: 0.35% Gold: -0.22% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/GKaLs4uLkI
  • Heads Up:🇺🇸 Fed Williams Speech due at 14:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-05-11
  • Heads Up:🇬🇧 BoE Gov Bailey Speech due at 14:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-05-11
  • JOLTS US job openings soar to 8.1M, the highest reading on record and well above the consensus forecast looking for 7.5M.
  • Not a pretty picture for the Nasdaq 100 which opens to its biggest bearish gap since October 2nd. Takes out the 100-day moving average and 38.2% Fib of the March-present range. The past year's trendline support still in place at ~12,900 https://t.co/5D2YW648Nc
Video: Greece Can Trigger or Feed a Systemic Financial Correction

Video: Greece Can Trigger or Feed a Systemic Financial Correction

John Kicklighter, Chief Strategist

Talking Points:

• News that Greece's debt negotiations would be put to referendum triggered a tangible drop in sentiment

• Greek ETFs and government bonds were the most easily connected responses to the event risk

• A global equity slump suggests this catalyst has moved further out the global risk curve

Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!

Will Greece's deteriorating financial situation prove the definitive catalyst to turn sentiment across the global financial markets? News that negotiations broke down and the government has scheduled a referendum for next weekend - insinuating they will miss a key IMF payment Tuesday - had the expected impact on the Euro, Greek bond yields and those proxies that reflect Greek capital benchmarks that have been closed due to extraordinary circumstances. However, where this situation becomes far more interesting/risky is the spillover we have seen to other, more systemic areas. 'Periphery' Eurozone yields shot higher through the session while global equities even responded with one of the biggest market-wide tumbles we've seen in years. This situation has not played itself out, but it can certainly escalate further and tap a deeper nerve. Ultimately, Greece doesn't need to act as the definitive spark for a global bonfire. Market conditions have deteriorated though exposure and leverage for some time. Even smaller sparks can get the ball rolling or multiple developments can amplify what is already underlying sentiment. We discuss the market's fragile position in today's Strategy Video.

VOLATILITY JUMPS ACROSS THE BOARD

Sign up for John’s email distribution list, here.

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

DISCLOSURES