August 2017

WEEKLY MARKET SNAPSHOT 4/9-8/9 |Interest rate decisions from the central banks of: Australia, Europe and Canada, are the outstanding high impact calendar events during the upcoming week

Australia’s GDP and the RBA’s interest rate decision will be carefully monitored this week, as will the Swiss GDP number. Various PMIs for: Europe, the Eurozone, Japan, China and the USA will provide leading indicators of where many sectors are headed. The bank of Canada’s interest rate decision and the unemployment rate in the country […]

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Non Farm Payrolls; is the USA’s recent positive employment data likely to continue?

Friday September 1st witnesses the latest report from the BLS (Bureau Of Labour Statistics) concerning the NFP data (non Farm payroll). For the uninitiated amongst us, this data release, generally published on the last Friday of the month, reveals how many jobs the USA economy has officially created during the month in which the report

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U.S. equities and the dollar rise, as the USA’s Q2 GDP reading beats forecast, gold maintains its position above $1300 per ounce

Despite the tropical storm Harvey making landfall for the second time in as many days and the clean up cost now being calculated at $200b by some estimators, the USA economy was delivered some good news on Wednesday, in the form of the GDP data coming in at 3% annualised for Q2, ahead of the

U.S. equities and the dollar rise, as the USA’s Q2 GDP reading beats forecast, gold maintains its position above $1300 per ounce Read More »

Gold reaches a 2017 high due to North Korean tensions, European indices slump due to Brexit issues

As the USA presidential administration battled with the chaos in Houston and Louisiana, caused by tropical storm Harvey, the North Korean presidential administration appeared to take advantage of the USA’s attention drift, by firing long range missiles over Japanese air space. Despite the projectiles dropping harmlessly into Japan’s territorial waters, the fact that the potential

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What are the things you must have for Forex trading?

How to avoid the four main reasons that lead to quitting Forex Trading

As highlighted in previous articles, the dropout rate for traders in our industry is frustratingly high and frighteningly quick. It’s frustrating to us analysts and advisors, because it’s needless and most traders exit because of self-sabotage. They continually fail to take on board the sound advice which is constantly delivered to them and continue to

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Gold price breaches 1300.00 handle, insurers drag down the U.S. indices as a consequence of hurricane Harvey

As the tropical storm named Harvey continued to batter the USA’s fourth biggest city of Houston, investors and analysts began to survey where the damage, in terms of the financial cost, would hit hardest. Insurance companies’ valuations were naturally heavily hit on the SPX and DJIA index, as the initial cost of the catastrophe is

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Forex Trading Coach

It’s a verbal trope and insult that’s been handed down as folklore for years; “those who can do, those who can’t teach”. However, as a lazy stereotype it’s incorrect and falls down at the first challenge. If anyone should offer you their services to either coach you as a trader, or to help improve your

Forex Trading Coach Read More »

U.S. Dollar falls to its lowest value since January 2015 versus a basket of currencies, due to Janet Yellen’s dovish tone

At the Jackson Hole meeting on Friday, the leaders of both The Fed and the ECB issued very different proclamations with regards to their central banks’ current positions and future guidance, which caused their respective currencies to move in polar opposite directions. Despite a previous and thinly veiled commitment to begin “unwinding” the Fed’s $4.5

U.S. Dollar falls to its lowest value since January 2015 versus a basket of currencies, due to Janet Yellen’s dovish tone Read More »

The U.K. economy delivers some worrying data, U.S. stocks fall due to political uncertainty, oil slips as a hurricane approaches Texas

The U.K. stats agency the ONS, delivered data which concerned both investors and analysts during Thursday’s trading sessions; GDP Q2 growth came in as expected at 0.3%, keeping annual growth on target for 1.7%. However, based on the current trajectory, many analysts fear the U.K. will struggle to deliver growth over 1% in 2017, many

The U.K. economy delivers some worrying data, U.S. stocks fall due to political uncertainty, oil slips as a hurricane approaches Texas Read More »