The recent rally of EUR/USD is set to retreat, according to George Davis at RBC Capital Markets.
Oversold indicators have signaled a short-term correction for the Shanghai Composite Index but sentiment remains very bearish, says Michael Macdonald at consultancy XATS.
Long-term Elliott Wave support levels for oil suggest further loses although the short-term outlook should see a bear market correction, says Walter Zimmermann at United-ICAP.
The sell-off in global stocks is a very strong contrarian buy signal, according to Trevor Greetham, Head of Multi-Asset at Royal London Asset Management.
Fear assets such as cash and short equities are signalling a warning for US stocks, says Robin Griffiths head of the Multi-Asset Research and Advisory team at the ECU Group.
The S&P500 has not peaked yet in the current bull market, according to Peter Lee at UBS.
Technical indicators suggest further gains ahead for USDCNY, after the renminbi’s recent devaluation, according to Michael Macdonald at XATS-UK.
There is a growing risk of a Q3 US equity market crash, says Ron William and his colleagues at the ECU Group’s Multi-Asset Research & Advisory team.
Price momentum was the only equity investment style that saw positive returns across all regions, according to JP Morgan Global Quantitative and Derivatives Strategy.
Low and declining market breadth in the S&P and Nasdaq is a significant warning signal for US stocks, says Walter Zimmerman at United–ICAP.