Gold (XAU) and Silver (XAG) Price Analysis and Charts. Gold (XAU) – Will 200-dma bounce hold? Silver (XAG) – Lower highs and lower lows. DailyFX Q2 Forecasts and Top 2019 Trading Opportunities. Gold (XAU) Price Respecting Lower Highs The price of gold is currently trading just below a series of lower highs initiated off the

TALKING POINTS – TRADE WAR, IBGE INFLATION IPCA-15, BRL, IBOVESPA Fading optimism over US-China trade resolution nauseating markets Brazil inflation data may skew inflationary risks and monetary policy Pension reform progress remains a headline risk to economy outlook See our free guide to learn how to use economic news in your trading strategy! The Brazilian

Markit PMI Talking Points: The U.S. Markit composite PMI reading came in at 50.9, marking continued weakness in the US services and manufacturing sectors US Treasury yields continue to fall as Investors look for safety among concerning economic data and trade tensions The weak trend continues in services and manufacturing, falling from a high point

SEK, NOK TALKING POINTS – EUROPEAN ELECTIONS, SWEDEN UNEMPLOYMENT RATE, NORWAY EMPLOYMENT DATA Swedish Krona and Norwegian Krone eye local unemployment data ECB meeting minutes, German data and Eurozone PMI in focus too European elections, Brexit-related talks may induce major volatility See our free guide to learn how to use economic news in your trading

EURO CURRENCY VOLATILITY – TALKING POINTS The EU will hold parliamentary elections starting this Thursday through Sunday. According to the Financial Times latest poll, the European People’s Party coupled with the Progressive Alliance of Socialists and Democrats look set to lose their combined majority. If polls are indicative of future results, EUR price weakness may

USD Price Analysis and Talking Points: USD Bulls Look to Return to YTD Highs Fed Minutes to Reiterate Patience, Eyes on Inflation Views See our quarterly USD forecast to learn what will drive prices throughout Q1! USD Eyes FOMC Minutes Today’s focus will be on the FOMC minutes from the April monetary policy meeting. As

S&P 500 Outlook Talking Points: S&P 500 Outlook: Retail Sector Slides Amid a Series of Missed Earnings Tuesday trading saw the S&P 500 close comfortably higher after the United States Commerce Department offered a licensing extension to Huawei. Elsewhere, a mixed bag of earnings from Home Depot, JC Penny, Kohl’s and Nordstrom offered their own

Brexit Latest Talking Points: UK Prime Minister Theresa May appeared to be struggling to whip votes for a last-ditch vote on the EU-UK Withdrawal Agreement by the first week of June. Now, with the option of a second referendum on the Brexit issue, UK PM May is essentially offering a direct pathway to avoid a

Asia Pacific Markets Wrap Talking Points Equities higher in Asia, KOSPI gains as Samsung welcomes US ban of Huawei ASX 200 fails to find much upside momentum despite firming RBA rate cut bets FTSE 100 outlook bearish on brewing technical signals ahead of BoE speech Find out what retail traders’ equities buy and sell decisions

S&P 500 Outlook: The S&P 500 has suffered an average -1.43% gap lower on Monday’s this May In the month to date, over 71% of all trading sessions have seen the index open lower than it closed the session prior Retail traders are overwhelmingly short the S&P 500, find out how to use IG Client