Soft-landing elation grips markets | Forexlive

Stock market gains today: The S&P 500 is up 1.9% The Nasdaq up 2.3% The Russell 2000 up 3.7% It’s a bonanza in markets after US CPI was slightly lower than expected today. The market has priced out any further Fed rate hikes and is cheering the likelihood of a soft landing in the US.

00 GMT when EUR/USD traded near 1.07.

Number of traders net-short has increased by 1.13% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI EUR/USD BULLISH 48.95% 51.05% -27.45% Daily -13.69% Weekly 16.11% Daily 1.13% Weekly -10.27% Daily -6.71% Weekly of clients are net long. of clients are net short. Change in Longs Shorts

US Inflation Cools to 3.2 % in October, US Dollar Sinks but Gold Gains

OCTOBER US INFLATION KEY POINTS: October U.S. inflation clocks in at 0.0% month-over-month, bringing the 12-month reading to 3.2% from 3.7% previously, one-tenth of a percent below expectations in both cases Core CPI increases 0.2 % m-o-m and 4.2 % y-o-y, also below estimates Lower than expected inflation numbers will give the Fed cover to

Yen teetering near multi-decade lows keeps markets on intervention watch By Reuters

© Reuters. A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The Japanese yen was under pressure on Tuesday, as traders waited for important U.S. inflation data which could either provide some relief for the beleaguered currency or push the

Dow, Nikkei 225 and CAC 40 Gains Slow ahead of US Inflation Data

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, CAC 40, Nikkei 225 Analysis and Charts ​​​Dow breaks trendline resistance ​The price continued to gain on Monday, moving above trendline resistance from the August highs. ​This now clears the way for a possible test of the September lower high around 35,000, and then beyond

Market Update – November 14

Stock markets are treading water in Europe, after a largely higher close across Asia. The ASX gained 0.8%, the Nikkei 0.3%, while China bourses traded mixed. In Europe GER40 and UK100 are up 0.1% and down -0.1% respectively, while US futures are posting slight gains, as markets wait for the key US inflation report later

UK Unemployment and Upside Wage Pressures Dominate Jobs Report

POUND STERLING ANALYSIS & TALKING POINTS UK wage data creates concerns around inflation battle. 4.2% unemployment level reiterates robust jobs market. GBP/USD trading above 50-day MA. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into key market catalysts that should be