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
EUR/USD
Mixed
Oil - US Crude
Bullish
Wall Street
Bullish
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
Bearish
GBP/USD
Mixed
USD/JPY
Bullish
More View more
Real Time News
  • #Market Snapshot Risk-on tilt to kick-off a fresh quarter of trade Haven-associated $USD and $JPY losing ground while $AUDUSD and $EURUSD trek higher #SP500 futures following #CrudeOil and the #ASX200 higher $Gold dipping back towards session-lows https://t.co/oJemFdRsdt
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.17%, while traders in Wall Street are at opposite extremes with 65.50%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/X3E4khU9qC
  • American Airlines say it is planning to furlough 19,000 employees after the government fails to pass its delayed fiscal stimulus follow up. United warned previously it could furlough 12,000 of its employees and Disney laid off 28,000 of its workers. #pandemic
  • GBP/USD was putting together a strong rally yesterday, but fizzled and put price closing in the bottom half of its daily range. Get your $GBPUSD technical analysis from @PaulRobinsonFX here:https://t.co/34HxGeksHU https://t.co/qMxdumej4w
  • The Tokyo Stock Exchange said before the opening bell on Thursday that it would suspend trading in all stocks, due to a glitch in its system to distribute market information - https://t.co/CNsaUCWgBa
  • What is seasonal change in volatility. Are we going through one right now? Find out: https://t.co/G0qfpOmMl2 https://t.co/p2NG16qNBx
  • 🇰🇷 Balance of Trade (SEP) Actual: $8.88B Previous: $3.84B https://www.dailyfx.com/economic-calendar#2020-10-01
  • And so starts October: the peak of volatility as measured by the $VIX historically and the most active month according to $SPX volume https://t.co/O2HDsGgrWH
  • 🇰🇷 Exports YoY (SEP) Actual: 7.7% Expected: 2% Previous: -9.9% https://www.dailyfx.com/economic-calendar#2020-10-01
  • 🇰🇷 Balance of Trade (SEP) Actual: $8.88B Previous: $3.84B https://www.dailyfx.com/economic-calendar#2020-10-01
DailyFX European Market Wrap: Geopolitics Keep Tensions High Ahead of Holiday Weekend

DailyFX European Market Wrap: Geopolitics Keep Tensions High Ahead of Holiday Weekend

2017-04-13 14:51:00
Katie Pilbeam,
Share:

European markets end this short working week in the red as many traders begin their Easter celebrations early and others steer clear of any major moves considering the geopolitical tension.

Plus, US President Donald Trump caused US dollar declines by saying it is ‘too strong’ telling the Wall Street journal that this is partially his fault given that ‘people have confidence in me’. Trump also told the newspaper his administration would not label China a currency manipulator in an upcoming report, a complete reversal from what he said during his presidential campaign.

Meanwhile, gold is still enjoying impressive gains due to geopolitical nerves with gold companies such as Randgold gaining alongside the bullion. With the US dollar falling, both sterling and the euro gained – in turn grinding shares down on the bourses.

Royal Mail shares are gaining on plans to close its defined benefit pension scheme. In response to this news, it’s one of the FTSE’s top risers. Royal Mail’s current contributions to the scheme alone are about 10% of total salary costs, including wages of staff who are not members of the scheme and were expected to more than double to over £1bn in 2018. But the Communication Workers Union is threatening strike action over Royal Mail’s decision – saying it would cost the average worker a third of their future pension.

If you’re looking for trading ideas, check out our Trading Guides; they’re free and updated for the second quarter of 2017 If you’re looking for ideas more short-term in nature, please check out our IG Client Sentiment index.

--- Written by Katie Pilbeam, DailyFX

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

DISCLOSURES