Forex Market View for April 29, 2016 Global Stock Markets

Forex Market View for April 29, 2016 Global Stock Markets Broad-base selling across global stock markets in the wake of Bank of Japan’s inaction on Thursday extended on Friday with most Asian equity indices ending in red for second day running. Hong-Kong’s Hang Seng Index was hit the hardest, recording a loss of over 1.5% […]

Forex Market View for April 28, 2016 S&P 500

Forex Market View for April 28, 2016 S&P 500 The S&P 500 fell 19.34 points, or 0.92%, to 2,075.81 while the Nasdaq dropped 57.85 points, or 1.19%, to 4,805.29. Gold advanced sharply on Thursday, and extended gains during the American session to print fresh 1-week highs above $1,260 an ounce. Greece close to a deal […]

Forex Market View for April 27, 2016 crude oil futures

Forex Market View for April 27, 2016 crude oil futures WTI crude oil futures rose to $45.10 mark, hitting its highest level in 2016, before retracing a bit to $44.80 ahead of weekly inventory data and the key Fed monetary policy decision. A reduction in oversupplies extended support to the prices that rose above $45.00/barrel […]

Forex Market View for April 26, 2016 Durable goods orders

Forex Market View for April 26, 2016 Durable goods orders Durable goods orders report showed lower than expected numbers, while core shipments and orders tell a mixed story. a weak 1Q16 GDP release, these durable goods orders figures should not deliver much of a jolt to markets. More important will be next month’s figures, which […]

Forex Market View for April 25, 2016 New Home Sales

Forex Market View for April 25, 2016 New Home Sales New home sales dropped 1.5% to 511,000 pace in March, missing by far expectations of a 1.0% increase. US New Home Sales have disappointed expectations, increasing less than expected by 511K in March, or dropping 1.5%. US Dollar Index, is snapping a 3-day positive streak […]