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Calendar event / 26 minutes agopreviousforecastactualMed Existing Sales5.54M5.55M5.6MMed Existing Sales, M/M%+3%+0.2%+1.1%Med Unsold Homes Month's Supply3.43.6Med Median Price (USD)241700250400Med Median Home Price, Y/Y%+5.9%+5.8%
Calendar event / 41 minutes ago
US US Flash Manufacturing PMIpreviousforecastactualMed PMI, Mfg55.756.5
Calendar event / 4 hours ago
NL Heineken HoldingpreviousforecastactualMed Dividend0.93
Calendar event / 6 hours ago
EU Eurozone Flash PMIpreviousforecastactualHigh PMI, Mfg56.656.156Med PMI, Composite55.254.855.2Med PMI, Services54.954.655
Calendar event / 6 hours ago
DE Germany Flash PMIpreviousforecastactualHigh PMI, Mfg58.257.558.1Med PMI, Services53.953.754.1Med PMI, Composite55.155.3
Squawk / 7 hours agoUSDJPY sees risk of bullish shift, USDCAD bearish theme eased
Although the overall global financial market tone continues to shift from “risk off” towards “risk on”, the selloff in US Treasuries to higher yields has pushed the US Dollar higher into latter April.
USDJPY continues to sit within an intermediate-term range, BUT with risk intensifying for an intermediate-term bull trend, signalled above 107.90.
The USDCAD selloff in April through 1.2612 set an intermediate-term bear trend, but recent US Dollar corrective strength has eased there immediate bearish threat (only switching back to neutral above 1.2819).
See the full article here: https://www.forextraders.com/forex-charts/technical-analysis/usdjpy-sees-risk-of-bullish-shift-usdcad-bearish-theme-eased/
Squawk / 7 hours agoGBPUSD bull trend questioned; EURUSD downside range risks
The general global financial market theme continues to move from a “risk off” scenario towards more of a “risk on” theme, BUT the US Treasury market selloff to higher yields has seen the US Dollar strengthen into late April.
Recent inflation data from the UK alongside more cautionary, dovish signals from Bank of England Governor Carney has seen GBPUSD begun to question the intermediate-term bull trend (with risk of shifting back to neutral below 1.3964).
EURUSD remains within an indecisive, range consolidation environment, but with the intermediate-term risks skewed now to the downside. Below 1.2153 would see an intermediate-term bearish shift.
See the full article here: https://www.forexfraud.com/forex-articles/gbpusd-bull-trend-questioned;-eurusd-downside-range-risks.html
Video / 7 hours ago
Macro Monday week 17: A heavy week of US earningsJames Kim@SaxoIn this webcast, Saxo's global sales trader James Kim takes the helm to examine the big issues for the week including more than one third of the S&P 500 set to report.
Calendar event / 7 hours ago
FR France Flash PMIpreviousforecastactualHigh PMI, Mfg53.753.553.4Med PMI, Services56.956.557.4Med PMI, Composite56.356.9
Squawk / 8 hours agoTechnical: Crude oil trading at 68.30, presently it made a top at 68.50-69 and fell to 67.50 where 67.50 is a pivot level as mentioned earlier. A break of said 66.50 level only can advise to take fresh sell else still advise stay away to this counter as trading with High Risk. Overall still we say Sell on every rise and hold positional for 62-60 levels downside.