Monthly Archives: December 2018

2 min Market Summary: 10 Dec 2018

    IBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system. The release notes that ADNOC — a state-owned oil company in the United Arab Emirates (UAE) — is reportedly among the […]

2 min Market Summary: 7 Dec 2018

NOTABLE MOVES  As of Thur, Dec 07, 08:00 GMT (UTC +08:00) USDJPY, -0.42%, 112.72 EURUSD, +0.28%, 1.1376 GBPUSD, +0.37%,1.2780 USDCAD, +0.28%, 1.3392 NZDUSD, -0.23%, 0.6882 S&P500, -0.15%, 2,695.95 Nasdaq, +0.42%, 7,188.26 Nikkei Futures, -1.91%, 21,501.62 CURRENCY MARKET WRAP  US ADP Employment Change Nov at 179K vs expected 225K. US Balance of Trade Oct at $-55.5B vs expected […]

2 min Market Summary: 6 Dec 2018

NOTABLE MOVES  As of Wed, Dec 06, 08:00 GMT (UTC +08:00) USDJPY, +0.20%, 113.01 EURUSD, +0.04%, 1.1349 GBPUSD, +0.04%,1.2725 USDCAD, +0.77%, 1.3363 NZDUSD, -0.53%, 0.6892 S&P500 CLOSED Nasdaq CLOSED Nikkei Futures, -0.53%, 21,919.33 CURRENCY MARKET WRAP  US business optimism has fallen in recent weeks amid uncertainty over tariff disputes, rising interest rates and continued labor shortages, […]

2 min Market Summary 5 Dec 2018

NOTABLE MOVES  As of Tues, Dec 05, 08:00 GMT (UTC +08:00) USDJPY, -0.86%, 112.69 EURUSD, -0.11%, 1.1342 GBPUSD, -0.04%, 1.2719 USDCAD, +0.45% 1.3257 NZDUSD, +0.14%, 0.6938 S&P500 , -3.24%, 2,700.06 Nasdaq, -3.80%, 7,158.43 Nikkei Futures, -2.39%, 22,036.05 CURRENCY MARKET WRAP  US 10Y yields dropped below the strong support level at 3% overnight, as equity markets reversed some […]

Trade Opportunities: NASDAQ, EURCAD

NASDAQ Composite Index (IXIC) Weekly Candlesticks & Ichimoku Chart  LONG  The NASDAQ Composite Index has yet again failed to break below and managed to recover to close above the weekly ichimoku cloud. With the 90-day truce in the Trade War, it is now likely to trade higher into the end of the year.   EUR/CAD Daily […]

2 min Market Summary: 4 Dec 2018

NOTABLE MOVES  USDJPY, -0.04%, 113.44 EURUSD, -0.04%, 1.1366 GBPUSD, +0.13%, 1.2781 USDCAD, -1.01%, 1.318 NZDUSD, +0.86%, 0.6922 S&P500, +1.10%, 2790.37 Nasdaq, +1.52%, 7440.92 Nikkei, +1.00%, 22574.76 CURRENCY MARKET WRAP  USD ISM Manufacturing PMI at 59.3 vs expected 57.5. A section of the U.S. Treasuries yield curve just inverted for the first time in more than a […]

2 min Market Summary: 3 Dec 2018

NOTABLE MOVES   USDJPY, -0.01%, $113.47. EURUSD, -0.67%, $1.1317        . GBPUSD, -0.33%, $1.2752. USDCAD, +0.10, $1.3296 NZDUSD, +0.35%, $0.6882. S&P500, +0.82%, 2,760.17 Nasdaq, +0.79%, 7,330.54 Nikkei, +0.40%, 22,351.06 CURRENCY MARKET WRAP   U.S. Chicago PMI at 66.4 vs expected 58.6. U.S. Treasury yield curve saw some flattening with the 2-yr yield adding one basis […]