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Market Overview

Marc Chandler
New Month, Same Heavy Dollar By Marc Chandler - May 02, 2016

In quiet turnover, with China, Hong Kong, Singapore and London markets closed, the US dollar is trading with a heavier bias against all the major currencies. Lower commodity prices, including oil and ...

Sell In May? By IG - May 02, 2016

The question we should ask, after closing April with a solid 3.3% gain for the ASX 200, is whether we can make it three consecutive monthly gains in row. This is a fate we haven’t seen since ...

Danske Markets
Danske Daily - 2 May 2016   By Danske Markets - May 02, 2016

The main data release today is the US ISM manufacturing. We have had some mixed signals about the direction in April following the sharp rebound over the past couple of months. While the ISM ...

Henry Liu
Trading The UK Manufacturing PMI, May 3, 2016 By Henry Liu - May 02, 2016

UK Manufacturing PMI should be a strong market mover. Especially now with the latest Brexit poll showing that UK is likely staying, market focus should be switched to more fundamental events, such as ...

Henry Liu
Trading The AU Retail Sales, May 4, 2016 By Henry Liu - May 02, 2016

AU Retail Sales release could affect the short-term directional momentum of the AUD currency, but the effect shouldn’t last more than 2 hours, except if we get a huge surprise… At any ...

Henry Liu
Trading The UK Services PMI, May 5, 2016 By Henry Liu - May 02, 2016

UK Services Purchasing Manager Index could be another strong release out of UK. With the market’s focus on Nonfarm Payrolls out of the US, we should expect a bit of wait and see after the ...