-
Jun 3, 19 •
2754 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Interest rate decisions for Australia and the Eurozone are revealed, during a week when many PMIs are published, as are inflation figures and the NFP jobs report.
The weekly economic calendar events begins with an extremely busy day on Monday June 3rd, as the latest Caixan manufacturing PMI for China is published in the Asian session; the Reuters forecast is for a reading of 50, right on the line separating contraction...
-
May 31, 19 •
2721 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling holds close to four month lows, as confusion increases regarding govt. direction, WTI oil slumps, whilst USA market equities recoup some weekly losses.
The U.K. pound continued its slide during Thursday’s trading sessions, as the chaos and confusion surrounding the current Tory government, continued to gather pace. After yet another candidate announced their intention to run for the job of leader, once...
-
May 29, 19 •
2285 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity market indices sell off as Trump signals trade deal with China is some way off, USD rises, whilst investors also take haven in U.S. bonds.
After opening in positive territory, the key USA equity indices sold off sharply towards the end of the trading session, as China fears (once again) came to the fore, after several day’s respite, whilst Trump was on tour in Japan. The SPX index whipsawed in...
-
May 28, 19 •
2113 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. dollar trades up in thin trading conditions, euro trades mostly flat after populists fail to make significant gains in the European elections.
Volatility and liquidity were lower in the FX markets during Monday’s trading sessions, as the U.K. and USA enjoyed one day public holidays and no high impact calendar events were published. President Trump also took the weekend off from his usual activity,...
-
May 27, 19 •
2500 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on The latest GDP figures for the U.S.A. will be published during the week, Canada’s GDP is also revealed as is the Bank of Canada’s interest rate decision.
Forex and equity market trading will be thin at the start of the week, as Monday is a bank holiday in the U.K. and the USA recognises Memorial Day; a federal holiday in the United States, for remembering and honouring people who have died while serving in the...
-
May 24, 19 •
2820 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity indices and USD crash as market sentiment turns bearish, due to China trade concerns.
European and USA market sentiment reversed during Thursday afternoon’s New York trading session, following on from Chinese equity markets selling off sharply, during Thursday morning’s Asian trading session. The slump over the past twenty four hours, in...
-
May 23, 19 •
2105 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling briefly rises as rumours circulates in Westminster that Theresa May was resigning, Canadian dollar falls, as retail sales beats forecasts but oil price slumps.
The U.K. pound rose marginally in early evening versus its peers, as a consequence of political rumours prime minister May was scheduled to immediately resign, after her revised withdrawal agreement (WA) spectacularly backfired on Tuesday. Perhaps, after...
-
May 22, 19 •
2290 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling whipsaws in a wide range versus peers, as a new Brexit deal is offered by prime minister May to Parliament, U.S. equity indices rise as trade war fears recede.
The U.K. prime minister delivered a speech, offering up a new withdrawal agreement (WA) to Parliament, on Tuesday. A speech in which she promised various improvements, to get the deal through the House of Commons by way of a vote, in the first week on June....
-
May 21, 19 •
2454 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling trades in flat, narrow range as Brexit and govt. issues dominate, U.S. dollar index falls as analysts await developments on China-USA trade issues.
GBP/USD traded in a tight range, near to the daily pivot point, during Monday’s trading sessions, as FX analysts and traders attempted to price in both the latest Brexit issues and Tory government chaos. At 20:30pm U.K. time GBP/USD traded at 1.272, up...
-
May 20, 19 •
3211 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Japanese GDP, U.K. inflation, German GDP and European Markit PMIs dominate the economic calendar over the week.
The weekly economic calendar events begins early Monday morning during the Asian session, with the publication of the latest Japanese GDP figures, Reuters expect the key metric to come in at -0.1% for the first quarter of 2019, resulting in a year on year...
