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
Bearish
Wall Street
Mixed
Gold
Bearish
GBP/USD
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
USD/JPY
Bullish
More View more
Real Time News
  • The US Dollar is testing key support levels against the Singapore Dollar, Malaysian Ringgit, Philippine Peso and Indonesian Rupiah following persistent losses. Get your #ASEAN currencies market update from @ddubrovskyFX here: https://t.co/qqYDELqydd https://t.co/WPUL1SO8Fv
  • - #USDollar may catch a haven bid as the US and China lock horns over technology - #TrumpExecutiveOrders may encounter congressional friction, spark dash to cash - #bidenvppick announcement could fail to stir markets unless the choice is unexpected https://www.dailyfx.com/forex/fundamental/article/special_report/2020/08/10/US-Dollar-Comeback-Ahead-US-China-Tensions-Push-Havens-Higher.html
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.01%, while traders in US 500 are at opposite extremes with 77.49%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/AB97lqEJQB
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.18% 🇳🇿NZD: 0.13% 🇯🇵JPY: 0.12% 🇪🇺EUR: 0.08% 🇨🇦CAD: 0.05% 🇨🇭CHF: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ThG7IBzIKu
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.67% France 40: 0.66% Germany 30: 0.60% Wall Street: 0.23% US 500: 0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/2l1TvwiW5l
  • The Indian Rupee struggled to benefit from an unexpected RBI rate hold as the Nifty 50 inched closer to invalidating a bearish reversal signal. What is the road ahead for USD/INR? Find out from @ddubrovskyFX here:https://t.co/Zjiay6hQWT https://t.co/IdM8hb6pI1
  • Join @ZabelinDimitri 's #webinar at 11:30 PM ET/3:30 AM GMT to find out how geopolitical risk will affect the markets in the week ahead. Register here: https://t.co/hsULxMNOtM https://t.co/TJbPf8arC3
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.26% Gold: -0.27% Silver: -1.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/4Ap99p4ATh
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.18% 🇬🇧GBP: 0.16% 🇯🇵JPY: 0.14% 🇪🇺EUR: 0.09% 🇨🇦CAD: 0.08% 🇨🇭CHF: -0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/5NRt7MMbs6
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.84%, while traders in US 500 are at opposite extremes with 78.33%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/NedpyrXTeR
Dr. Harald Malmgren on Global Economy, Automated Trading | Podcast

Dr. Harald Malmgren on Global Economy, Automated Trading | Podcast

Share:

Talking points on this podcast:

  • Global economy and outlook discussion
  • The share price rally in the face of poor economic data
  • Automated trading and how it will unfold

This time on Trading Global Markets Decoded, our host Martin Essex is joined by economist, geopolitical and geo-security strategist Dr Harald Malmgren, who was a senior advisor to four US Presidents: Kennedy, Johnson, Nixon and Ford.

In this episode we focus on the global economy, the share price rally, whether automated trading is a good or bad thing, and more. You can listen to this podcast by clicking on the YouTube link above or by using one of the alternative platforms listed below.

US and Global economic outlook

The discussion starts with the continuing economic outlook debate as the effects of coronavirus unfold. There’s a wide array of opinions, Harald notes, ranging from President Trump, who believes in a quick recovery, through to the more cautious warnings of institutions like Morgan Stanley and [Chair of the Federal Reserve] Jerome Powell.

“In my view the recovery will be far slower than the markets are expecting because, during this break, many businesses are either going out of business or they’re reconfiguring what they’re doing,” he says.

“But the main question is [around] new orders. The industrial downturn had begun last year, and already there were clear signs of industrial contraction long before the virus hit. So…industry is going to see that as the baseline, not the virus.”

He also points out that there is substantial overcapacity. “The most visible example is in the automotive sector, with unsold vehicles, and new orders are not showing any substantial rise yet. Production might be ramped up but orders are not going to be there to create the demand.”

Starts in:
Live now:
Aug 17
( 03:08 GMT )
Learn more about geopolitical risk with our webinar
Geopolitical Risks Affecting Markets in the Week Ahead
Register for webinar
Join now
Webinar has ended

*Above link takes reader to https://www.dailyfx.com/webinars/146770987

Automated trading: Is it good or bad?

Talk moves to automated trading: is it good or bad? “It’s an inevitable thing; computers are getting faster and faster and it’s in the nature of people in the financial markets to exploit the opportunities that faster information provides,” Harald says. “We’re finding ways for some people to move faster than others, see what’s happening then jump in and take advantage of being first.”

He says it will become bigger and bigger until prices are set by a few frontrunners. “It’s just a few firms that now truly dominate high-frequency trading, which is a large part of what happens in the markets. So is it good or bad? It’s unavoidable.”

For more ways of listening to the DailyFX podcast, click on one of the additional channels below.

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

DISCLOSURES

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.