Tuesday at 10:43 GMT
While the US stock indices are making headlines with new all-time highs nearly every day, the German Dax index is struggling. Can it muster the strength to post a Santa Claus rebound rally?
Read the article
11 December 2017 at 10:11 GMT
A negative EURUSD outlook, but GBPUSD is indecisive (with a downside bias)
A restoration of a US$ Dollar strength from late November and into early December against many of the Major currencies.
This has been driven by progress of US tax reform legislation and a broader “risk on” outlook on markets in to year-end.
For EURUSD, we see a broader range environment, defined by 1.1553 and 1.2089, but with the asymmetrical bias to the downside.
GBPUSD is also in a wider, non-trend range, seen as 1.3026 and 1,3658. Despite recent gains into Brexit negotiations and progress, more recent price action switches the immediate bias back to the downside.
Read the Squawk
07 December 2017 at 8:47 GMT
Kim Cramer Larsson
Topics covered in this webinar by Saxo Bank technical analyst Kim Cramer Larsson include the S&P 500, Nasdaq, the Dax and the Nikkei 225.
28 November 2017 at 8:31 GMT
Crude oil is in focus ahead of Thursday's Opec summit on reports that the future of the production cut deal between the cartel and Russia may be in doubt. Meanwhile, the NZD is gaining ground, the ZAR is rallying sharply, and the Hang Seng index is extending its recent weakness.