Is The Trend Still Your Friend

Monday. Despite it only being a medium impact news event many investors will be watching for the UK’s CBI data on realised sales on Monday in order to observe if the poor export print published by the CBI last week has had an overhang effect. It’s a leading indicator of consumer spending as retailer and […]

The trade balances and industrial activity numbers are published from Japan on Sunday evening, early Monday morning. The expectation is for Japan’s trade balance to worsen to ¥1.06 trillion and for the all industries activity to shrink to 0.3% from the previous month of 0.5%. These figures will be published shorty after Japanese officials have

Once again the debt ceiling impasse, at the heart of the USA government, took the centre stage in terms of economic news during the preceding week. The DJIA fell in the early part of the week, flirting with breaking the 200 SMA to the downside, to then rebound on Thursday and Friday due to the

Fundamental analysis The continued impasse, at the heart of the USA government – Congress, not only dominated the financial mainstream media during the preceding week, it also overlapped by dominating the political landscape. One of the many key high impact news events in the calendar, the NFP (non farm payroll) employment count, which investors partly

The hangover from the Fed’s ‘no taper’ decision appeared to seamlessly gel with the drama concerning the USA debt ceiling during the preceding week. Both issues added to market uncertainty, causing the main USA and European indices to retreat during the week, as investor sentiment remained fragile… Many of the manufacturing, service and flash PMIs,

All of the high impact news events and policy decisions of the preceding week were, without a doubt, overshadowed by the FOMC meeting (held over two days) in which the pivotal announcement, that the FOMC would be sticking to their original inflation and moreover unemployment target of 6.5% and therefore not tapering their monetary easing/asset

Before we look at the fundamental policy decisions and high impact news events that could impact this week, it’s worth delivering a quick assessment of the key events of last week… China’s CPI remained steady at 2.6%, whilst industrial production rose to 10.4%. Japan’s final GDP figure came in better than expected at 0.9%, whilst

Whilst the diplomatic crisis in Syria continued to dominate the fundamental discussion in the mainstream media during the preceding week, many of the most active markets continued their recent unbroken momentum trends. There were several high impact economic publications that supported the general feel good factor, suggesting that global economies are improving. From building approvals

Manufacturing and services PMI published courtesy of Markit Economics, the USA ‘Beige Book’ publication, the monthly NFP jobs numbers and the ECB press conference are set to dominate the week’s financial news. Combined with these high impact news events we’ll receive data on German manufacturing and the UK’s BoE Monetary Policy Committee, the MPC, will

On first inspection the big policy and news events of last week, including the Jackson Hole Symposium that finished on Saturday, did little to alter the overall market direction, despite a slight recovery to the upside taking place during Friday’s sessions. The main market many investors use as a barometer for sentiment, the DJIA, closed