Energy prices ignite, oil surges

Overnight Headlines *USD fell against its peers, remains in a range *US stocks moved higher, with the S&P500 bouncing off its 50-day SMA *Oil jumped higher above $75 on a larger than expected drawdown in crude stocks *Aussie employment tumbled, …

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USD stuck in a range

Overnight Headlines *USD erased losses after falling on softer US CPI *US stocks gave up earlier gains to close lower *UK CPI y/y +3.2% vs 2.9% expected, m/m 0.7% vs 0.5% *China data disappoints underscoring weak momentum *Oil continues higher …

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Vantage FX recruits Regional Strategy Director to Drive APAC Activities

15 September, London: Vantage FX, the multi-asset trading platform for retail and professional traders, today announces the appointment of Eoh You Loong as Regional Strategy Director as part of the continued expansion in APAC. Eoh You Loong has 15 years’ …

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US CPI on the radar

Overnight Headlines *USD rose to a two-week high before pulling back *US stocks snapped a five-day losing streak *AUD falls on continued dovish RBA Lowe comments *UK unemployment rate falls to 4.6% as forecast, vacancies at record highs USD rose …

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Dollar pushes higher on weak equities

Overnight Headlines *USD closed higher last week, rising versus most of its peers on Friday *US stocks settled lower as inflation fears resurfaced *Oil is trying to break out higher, approaching recent highs at $73.66 USD rose on Friday logging …

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ECB and PEPP in focus

USD is gaining for a fourth straight day today, after moving modestly higher yesterday. EUR found support at the mid-August high and 50-day SMA around 1.18 ahead of the ECB meeting. USD/JPY was little changed above 110. The higher-beta currencies …

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Dollar fights back

Overnight Headlines *USD jumped 0.5%, advancing against all of its major peers *US stocks were broadly lower, Nasdaq notched a record close *Gold drops below $1800, falling back to trendline support USD rebounded strongly above 92 on DXY snapping a …

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Stock markets buoyant

Overnight Headlines *USD quiet over US holiday, steady near lows *US stocks were closed, European shares climbed to near record levels *RBA sticks to taper decision, but commitment on pace until February USD is holding near its recent lows, trading …

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Later Fed taper in play

Overnight Headlines *USD near 1-month low, hit by disappointing NFP *US stocks were mixed with tech outperforming *Oil extends losses after deep cuts to Saudi crude prices for Asia *Gold holding near six-week highs and key $1835 level *US Labor …

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725k median NFP print expected

Overnight Headlines *USD extended losses as possible sub-par NFP looms *US stocks rose but tech underperformed *Oil prices rebounded to near one-month highs USD continues to struggle, down nine days in the past eleven. This comes despite the weekly jobless …

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