2018 was a phenomenal year for the U.S. dollar as the trade weighted Dollar Index rose more than 9 percent from its low in February. This strength drove all of the major currencies lower from the euro to the Japanese yen and Australian dollar. Nothing mattered more than the market’s appetite for U.S. dollars in 2018. It determined where all of the major currencies were headed and had a significant impact on commodities. That influence on the market won’t change in the year ahead which is why the outlook for the dollar trumps all else. As we begin 2019, here.
A positive U.S. jobs report, dovish comments from the Fed and news on the trade front helped spark a rally in equities. Jack Bouroudjian discusses what it all could mean for equity indexes in 2019. The post Market Update: Perfect Storm for Bulls appeared first on OpenMarkets. Source: CME Open Markets – Market Update: Perfect Storm for Bulls
The year started right where 2018 left off, with more volatility. Jack Bouroudjian explains why this week’s volatility might be different, and why market participants should watch fund flows and the Fed over the next few trading days. The post Market Update: New Year, More Volatility appeared first on OpenMarkets. Source: CME Open Markets – Market Update: New Year, More Volatility
The flattening of the yield curve, the rising dollar and hedge fund redemptions are among the factors that will eventually influence market structure. In looking back at this year’s trends, Jack Bouroudjian gives some guidance for what we should watch heading into 2019. The post Market Update: The Factors That Influenced 2018 Markets appeared first on OpenMarkets. Source: CME Open Markets – Market Update: The Factors That Influenced 2018 Markets
Successful traders do not have a crystal ball.They identify and assess risk and then act accordingly. As 2018 ends and we look forward to 2019, what risks should we concern ourselves with? I am going to concentrate on three main areas of risk for traders in the United States: a continued trade conflict with China, the effect of Brexit on the global economy and stability in the oil producing region of the Middle East specifically with regards to Saudi Arabia. Trade Conflict with China When the current U.S. administration made it clear that there would be a different approach to.
The only certainty about global energy is that the markets will continue to surprise in 2019. The energy business has always been notorious for its ups and downs. This is even more true today when the energy landscape is evolving rapidly. The old order is changing fast as new trade routes emerge, driven by the resurgence of US energy production. That said, there are a few key trends that emerged in 2018 that are likely to set the tone for the year ahead. U.S. Oil Independence The United States was a net exporter of oil and refined products for one week.
The most commonly held definition of a “bear market” in stocks is a 20 percent price decline from peak to trough. Although there are several different index’s one could use to measure, most often people are referring to the Dow Jones industrial average or the S&P 500 index. Traders tend to look at the S&P 500 because it’s far more broad then the Dow 30 and less volatile than the technology heavy Nasdaq 100. Since 1999 there have been three bear markets in the S&P 500. All bear markets are definitely not created equal. The “tech wreck” of 2000 and.
Jack Bouroudjian discusses the factors behind today’s volatility hitting stock markets, and why we should watch the Fed and the yield curve before the end of the year. The post Market Update: What’s Driving the Market? appeared first on OpenMarkets. Source: CME Open Markets – Market Update: What’s Driving the Market?
The equity market slide continued in a big way, including the worst week for the Nasdaq in about a decade. Jack Bouroudjian unpacks it all and looks at what traders should watch to begin 2019. The post Market Update: Getting Ready for 2019 appeared first on OpenMarkets. Source: CME Open Markets – Market Update: Getting Ready for 2019