something interesting

<  BACK TO Market Analysis

Forex Week Ahead

UK_elections_Forex-week-ahead_FXPIG

The upcoming week will focus heavily on incremental trade updates, German economic data, an RBA rate decision, Bank of England policy meeting that comes with updated economic forecasts and the beginning of campaign season for Britain’s first December general election since 1923. While investors are skeptical that China and the US will reach a broader deal, we could see risk appetite benefit on the news that Trump and Xi will find a new site for the signing of the Phase-One deal.
Brexit will dominate the UK headlines as we wait to find out whether Boris Johnson can deliver a strong election result on December 12th. Johnson needs to avoid another gridlocked Parliament in order to get a Brexit deal done. Boris Johnson will look to grow his double-digit lead over Labour, but concerns are growing he will split some of the pro-Brexit vote to Farage’s party.

Another peak earnings season week will deliver updates from Softbank, Qualcomm, Baidu, Siemens, Ryanair, BMW, Uber, Toyota, Honda, Adidas, CVS, Walt Disney, CVS, and Occidental Petroleum.


Central Banks this week (for currencies that we offer):
Monday –RBA Rate Decision
Tuesday – Riksbank publishes minutes of October 23rd meeting
Wednesday – Bank of Thailand Rate Decision (expected to cut rates by 25bps to 1.25%), Poland Rate Decision (no change expected)
Thursday – BOE Rate Decision, Inflation Report
Friday – No meetings

World leaders, Central Bank Speakers and Energy Ministers (at the time of writing)
Monday – No speeches
Tuesday – OPEC releases its World Oil Outlook, China President Xi Jinping speaks at Shanghai Expo, Fed’s Kashkari and Kaplan speak, ECB’s Villeroy speaks in Lyon
Wednesday – ECB Forum on Banking Supervision
Thursday – BOE Gov Carney Rate Press Conf, Fed’s Kaplan and Bostic speak, European Commission publishes its economic forecasts
Friday – Bank of Canada Deputy Governor Paul Beaudry speaks in Ottawa, Fed’s Daly speaks at research conference.

USD

After a third consecutive rate cut, the Fed is now on hold. Trade remains the primary catalyst for risk appetite and optimism is high for the phase-one deal to get done this month. Doubts are high for a broader deal, but we could see marginal progress keep risk appetite pressure on safe-havens including the US dollar. With a strong US consumer and a labor market that remains healthy, the US continues to seem poised to have the economy grow around 2%. For the next major leg of dollar weakness, we may need a rebound in Europe or significant weakness with the US consumer.

A dollar top was put in October and we could see further weakness for the greenback in the short-term.

BOE

Once again this is expected to largely be a non-event, with the press conference after likely to draw a lot of questions around Mark Carney’s term, which is scheduled to end at the end of January, when the UK leaves the EU. Already people are discussing whether this should be extended.

The interest rate decision itself won’t be up to much, with markets heavily pricing in no change. As ever, the inflation report will hold the clues, with Boris Johnson’s deal enabling the smooth Brexit that the BoE has long based their assumptions on.

Bitcoin

China’s openness to Blockchain saved Bitcoin in October. Regulatory hurdles will take years to develop, so for now, Bitcoin remains king in the digital coin space.  It seems the $7,500 to $10,000 range is firmly in place, with investor appetite slowly returning for cryptos.

Oil

Oil continues to trade in a range as rising supply concerns cap any rallies we see driven on optimism for demand.  Remains vulnerable to global growth worries and further attacks in the middle east.

Gold

Gold has mixed flows ETF investors have turned bullish while futures trades are bears. Despite a blowout US nonfarm payroll and trade optimism for a phase-one deal to get done this month, gold remains supported on macro risks to the global outlook.   If gold breaks out above $1,550 an ounce, watch out, we could see bullish momentum takeover.

Brexit

Brexit is on hold and the UK is in election mode as Boris Johnson works to secure the majority that will enable him to get his deal ratified by Parliament before 31 January. This is the most unpredictable election in decades with voters forced in many cases to choose between party allegiance and Brexit. This creates the perfect void that the Brexit party and Liberal Democrats have all-too-happily filled. The Conservatives remain favourites to secure a majority in Parliament but ultimately it comes down to what group will get over the line, the second referendumers/revokers or those fully committed to leaving on 31 January, whether with Boris’ deal or none. It will be close and there could be a few surprises on 12 December. Until then, markets are looking very relaxed with the pound continue to hover around post-deal highs, around 1.30 against the dollar.

No deal risks may have receded, alleviating pressure on the currency but a new headwind my materialise if Corbyn can repeat his surge in 2017. This wasn’t enough to stop May then but it did prevent a Conservative majority. A Labour led coalition government may still be a big concern for markets.

US

Impeachment inquiries or the narrowing of the Democratic field will likely see limited impact in the short-term.  Candidates Warren and Sanders continue to make calls for stronger action on powerful tech companies. If we see a progressive Democratic nominee, this will weigh on stocks and in particular, Amazon and Facebook.

Japan

BOJ unchanged. In watch and wait mode. Industrial Production rose but data generally average to poor. Two minsters resigned over improper donations. Trade sensitive. BOJ running out of monetary options. No other significant impact.

Hong Kong

HK Adv. Gdp growth slumps to -3.2%, officially in recession. HKMA cuts rates after FOMC. HSBC cuts prime lending rate for 1st time in 11 years. China direct intervention remote. Early signs capital flight as Singapore offshore deposits rise. Ongoing violent protests.

China

It all comes down to whether US and China can agree terms to the “Phase One” trade deal ahead of a scheduled meeting between Xi and Trump next month. China official PMI lower at 49.3 with Caixan PMI Friday. V. Bad number. China Industrial Profits fell. Weak economic data out of China has a serious knock-on effect for most of Asia, who rely heavily on exports to China. It’s also likely to filter down to slower global growth.

North Korea

No News.  No direct impact for markets at the moment.

Malaysia

Continued soft data from Malaysia as it suffers budgetary constraints and trade war fallout. Negara policy decision next week. Likely to cut after the FOMC cut. Capital flight if EM cannot rally on interim trade deal or US/China relations worsen.

Australia

Australia home sales to rise 7.3% PPI stuck at 0.4% Aussie retail sales Sunday and PMI Mondy key indicators for RBA. Very trade sensitive. Risk of housing bubble as high street shopping sector collapses.

Argentina

Now that the elections are over, Argentina’s new leadership could explore more unconventional measures to support the economy. One idea that is getting some momentum is the idea of dollarization. Argentina always seems to be flirting with economic emergencies over most Argentineans lifetimes. This would be a nuclear option, that could help bring back economic integrity to Buenos Aires.

A default on its debt by Argentina is not a new item, but it has gained traction despite the best efforts of the current government, the IMF and even the candidate most likely to lead the next government. Contagion risks are high as confidence in the region would suffer if the US-China trade war remains active. The IMF will not make a decision until holding formal talks with Fernandez, with uncertainty remaining high.

Chile

Chile’s cancellation of the APEC summit showed the world that President Pinera is nowhere near controlling the social unrest. Chile’s peso fell to a 16 year low and further pressure could be on the horizon as no end is in site for this wave of protests. If protests continue, Chilean markets will continue to suffer despite improved risk appetite. Copper prices have risen as Chilean mine union have joined the protests by halting production on certain dates. Chile is a major producer of the red metal.

Brazil

The Brazilian government is continuing to make strong efforts to boost the economy with a new economic package. The October 30th rate decision delivered another 50bps rate cut, with policymakers emphasising benign inflation paves the way for further policy adjustment. The BCB is expected to cut again in December.

South Africa

Moody’s expected downgrade of South Africa’s credit outlook to negative should come as no surprise to investors following the release of their budget.  Investors might try to buy the rand on a dip as South African assets still provide a strong advantage for their fixed income market.

This Week

Sunday, November 3rd

8:30pm AUD Retail Sales M/M: 0.4%e v 0.4% prior

Monday, November 4th

3:45am-4:00am EUR Major European Final Manufacturing Data

4:30am GBP Construction PMI: No est v 43.3 prior

4:30am EUR Sentix Investor Confidence: No est v -16.8 prior

10:00am USD Factory Orders M/M: -0.4%e v -0.1% prior

8:45pm China Caixin PMI Services M/M: 51.5e v 51.3 prior

10:30pm AUD RBA Interest Rate Decision: Widely expected to keep rates steady

Tuesday, November 5th

4:30am GBP UK Services PMI: 49.8e v 49.5 prior

8:30am USD Trade Balance: -$53.0Be v -$54.9B prior

8:30am CAD Int’l Merchandise Trade: No est v -0.96B prior

10:00am USD ISM Non-Manufacturing PMI: 53.5e v 52.6 prior

10:00am UDS Jolts Job Openings: No est v 7051 prior

4:45pm NZD Unemployment Rate: 4.1%e v 3.9% prior

7:30pm JPY Japan Final PMI Services: No est v 50.3 prelim

Wednesday, November 6th

2:00am EUR Germany Factor Orders M/M: -0.1%e v -0.6% prior

3:45am-4:00am EUR Major European Services PMI data

5:00am EUR Euro Zone Retail Sales M/M: 0.0%e v 0.3% prior  

8:30am USD Prelim Nonfarm Productivity Q/Q: 0.8%e v 2.3% prior

10:00am CAD Ivey PMI: No est v 48.7 prior

10:30am Crude Oil Inventory Report

7:30pm AUD Trade Balance (A$): 5.1Be v 5.9B prior

Thursday, November 7th

2:00am EUR German Industrial Production M/M: -0.5%e v +0.3% prior  

3:30am EUR German Construction PMI: No est v 50.1 prior

4:00am EUR Italy Retail Sales M/M: No est v -0.6% prior

4:00am EUR ECB Economic Bulletin

5:00am EUR EU Commission Economic Forecasts

6:00am ZAR South Africa Manufacturing Production M/M: -0.2%e v +1.3% prior

7:00am GBP BOE Interest Rate Decision: No changes in policy expected

8:30am USD Jobless Claims: No est v 218K prior

Friday, November 8th

CNY China Trade Data

2:00am EUR German Trade Balance: No est v €16.2B prior

2:45am EUR France Industrial Production M/M: 0.0%e v -0.9% prior

8:15am CAD Housing Starts: No est v 221.2K prior

8:30am CAD Employment Change: No est v 53.7K prior

10:00am USD Prelim University of Michigan Sentiment: 96.0e v 95.5 prior

8:30pm CNY China CPI Y/Y: 3.0%e v 3.0% prior

Source: marketpulse

The upcoming week will focus heavily on incremental trade updates, German economic data, an RBA rate decision, Bank of England policy meeting that comes with updated economic forecasts and the beginning of campaign season for Britain’s first December general election since 1923. While investors are skeptical that China and the US will reach a broader deal, we could see risk appetite benefit on the news that Trump and Xi will find a new site for the signing of the Phase-One deal.
Brexit will dominate the UK headlines as we wait to find out whether Boris Johnson can deliver a strong election result on December 12th. Johnson needs to avoid another gridlocked Parliament in order to get a Brexit deal done. Boris Johnson will look to grow his double-digit lead over Labour, but concerns are growing he will split some of the pro-Brexit vote to Farage’s party.

Another peak earnings season week will deliver updates from Softbank, Qualcomm, Baidu, Siemens, Ryanair, BMW, Uber, Toyota, Honda, Adidas, CVS, Walt Disney, CVS, and Occidental Petroleum.


Central Banks this week (for currencies that we offer):
Monday –RBA Rate Decision
Tuesday – Riksbank publishes minutes of October 23rd meeting
Wednesday – Bank of Thailand Rate Decision (expected to cut rates by 25bps to 1.25%), Poland Rate Decision (no change expected)
Thursday – BOE Rate Decision, Inflation Report
Friday – No meetings

World leaders, Central Bank Speakers and Energy Ministers (at the time of writing)
Monday – No speeches
Tuesday – OPEC releases its World Oil Outlook, China President Xi Jinping speaks at Shanghai Expo, Fed’s Kashkari and Kaplan speak, ECB’s Villeroy speaks in Lyon
Wednesday – ECB Forum on Banking Supervision
Thursday – BOE Gov Carney Rate Press Conf, Fed’s Kaplan and Bostic speak, European Commission publishes its economic forecasts
Friday – Bank of Canada Deputy Governor Paul Beaudry speaks in Ottawa, Fed’s Daly speaks at research conference.

USD

After a third consecutive rate cut, the Fed is now on hold. Trade remains the primary catalyst for risk appetite and optimism is high for the phase-one deal to get done this month. Doubts are high for a broader deal, but we could see marginal progress keep risk appetite pressure on safe-havens including the US dollar. With a strong US consumer and a labor market that remains healthy, the US continues to seem poised to have the economy grow around 2%. For the next major leg of dollar weakness, we may need a rebound in Europe or significant weakness with the US consumer.

A dollar top was put in October and we could see further weakness for the greenback in the short-term.

BOE

Once again this is expected to largely be a non-event, with the press conference after likely to draw a lot of questions around Mark Carney’s term, which is scheduled to end at the end of January, when the UK leaves the EU. Already people are discussing whether this should be extended.

The interest rate decision itself won’t be up to much, with markets heavily pricing in no change. As ever, the inflation report will hold the clues, with Boris Johnson’s deal enabling the smooth Brexit that the BoE has long based their assumptions on.

Bitcoin

China’s openness to Blockchain saved Bitcoin in October. Regulatory hurdles will take years to develop, so for now, Bitcoin remains king in the digital coin space.  It seems the $7,500 to $10,000 range is firmly in place, with investor appetite slowly returning for cryptos.

Oil

Oil continues to trade in a range as rising supply concerns cap any rallies we see driven on optimism for demand.  Remains vulnerable to global growth worries and further attacks in the middle east.

Gold

Gold has mixed flows ETF investors have turned bullish while futures trades are bears. Despite a blowout US nonfarm payroll and trade optimism for a phase-one deal to get done this month, gold remains supported on macro risks to the global outlook.   If gold breaks out above $1,550 an ounce, watch out, we could see bullish momentum takeover.

Brexit

Brexit is on hold and the UK is in election mode as Boris Johnson works to secure the majority that will enable him to get his deal ratified by Parliament before 31 January. This is the most unpredictable election in decades with voters forced in many cases to choose between party allegiance and Brexit. This creates the perfect void that the Brexit party and Liberal Democrats have all-too-happily filled. The Conservatives remain favourites to secure a majority in Parliament but ultimately it comes down to what group will get over the line, the second referendumers/revokers or those fully committed to leaving on 31 January, whether with Boris’ deal or none. It will be close and there could be a few surprises on 12 December. Until then, markets are looking very relaxed with the pound continue to hover around post-deal highs, around 1.30 against the dollar.

No deal risks may have receded, alleviating pressure on the currency but a new headwind my materialise if Corbyn can repeat his surge in 2017. This wasn’t enough to stop May then but it did prevent a Conservative majority. A Labour led coalition government may still be a big concern for markets.

US

Impeachment inquiries or the narrowing of the Democratic field will likely see limited impact in the short-term.  Candidates Warren and Sanders continue to make calls for stronger action on powerful tech companies. If we see a progressive Democratic nominee, this will weigh on stocks and in particular, Amazon and Facebook.

Japan

BOJ unchanged. In watch and wait mode. Industrial Production rose but data generally average to poor. Two minsters resigned over improper donations. Trade sensitive. BOJ running out of monetary options. No other significant impact.

Hong Kong

HK Adv. Gdp growth slumps to -3.2%, officially in recession. HKMA cuts rates after FOMC. HSBC cuts prime lending rate for 1st time in 11 years. China direct intervention remote. Early signs capital flight as Singapore offshore deposits rise. Ongoing violent protests.

China

It all comes down to whether US and China can agree terms to the “Phase One” trade deal ahead of a scheduled meeting between Xi and Trump next month. China official PMI lower at 49.3 with Caixan PMI Friday. V. Bad number. China Industrial Profits fell. Weak economic data out of China has a serious knock-on effect for most of Asia, who rely heavily on exports to China. It’s also likely to filter down to slower global growth.

North Korea

No News.  No direct impact for markets at the moment.

Malaysia

Continued soft data from Malaysia as it suffers budgetary constraints and trade war fallout. Negara policy decision next week. Likely to cut after the FOMC cut. Capital flight if EM cannot rally on interim trade deal or US/China relations worsen.

Australia

Australia home sales to rise 7.3% PPI stuck at 0.4% Aussie retail sales Sunday and PMI Mondy key indicators for RBA. Very trade sensitive. Risk of housing bubble as high street shopping sector collapses.

Argentina

Now that the elections are over, Argentina’s new leadership could explore more unconventional measures to support the economy. One idea that is getting some momentum is the idea of dollarization. Argentina always seems to be flirting with economic emergencies over most Argentineans lifetimes. This would be a nuclear option, that could help bring back economic integrity to Buenos Aires.

A default on its debt by Argentina is not a new item, but it has gained traction despite the best efforts of the current government, the IMF and even the candidate most likely to lead the next government. Contagion risks are high as confidence in the region would suffer if the US-China trade war remains active. The IMF will not make a decision until holding formal talks with Fernandez, with uncertainty remaining high.

Chile

Chile’s cancellation of the APEC summit showed the world that President Pinera is nowhere near controlling the social unrest. Chile’s peso fell to a 16 year low and further pressure could be on the horizon as no end is in site for this wave of protests. If protests continue, Chilean markets will continue to suffer despite improved risk appetite. Copper prices have risen as Chilean mine union have joined the protests by halting production on certain dates. Chile is a major producer of the red metal.

Brazil

The Brazilian government is continuing to make strong efforts to boost the economy with a new economic package. The October 30th rate decision delivered another 50bps rate cut, with policymakers emphasising benign inflation paves the way for further policy adjustment. The BCB is expected to cut again in December.

South Africa

Moody’s expected downgrade of South Africa’s credit outlook to negative should come as no surprise to investors following the release of their budget.  Investors might try to buy the rand on a dip as South African assets still provide a strong advantage for their fixed income market.

This Week

Sunday, November 3rd

8:30pm AUD Retail Sales M/M: 0.4%e v 0.4% prior

Monday, November 4th

3:45am-4:00am EUR Major European Final Manufacturing Data

4:30am GBP Construction PMI: No est v 43.3 prior

4:30am EUR Sentix Investor Confidence: No est v -16.8 prior

10:00am USD Factory Orders M/M: -0.4%e v -0.1% prior

8:45pm China Caixin PMI Services M/M: 51.5e v 51.3 prior

10:30pm AUD RBA Interest Rate Decision: Widely expected to keep rates steady

Tuesday, November 5th

4:30am GBP UK Services PMI: 49.8e v 49.5 prior

8:30am USD Trade Balance: -$53.0Be v -$54.9B prior

8:30am CAD Int’l Merchandise Trade: No est v -0.96B prior

10:00am USD ISM Non-Manufacturing PMI: 53.5e v 52.6 prior

10:00am UDS Jolts Job Openings: No est v 7051 prior

4:45pm NZD Unemployment Rate: 4.1%e v 3.9% prior

7:30pm JPY Japan Final PMI Services: No est v 50.3 prelim

Wednesday, November 6th

2:00am EUR Germany Factor Orders M/M: -0.1%e v -0.6% prior

3:45am-4:00am EUR Major European Services PMI data

5:00am EUR Euro Zone Retail Sales M/M: 0.0%e v 0.3% prior  

8:30am USD Prelim Nonfarm Productivity Q/Q: 0.8%e v 2.3% prior

10:00am CAD Ivey PMI: No est v 48.7 prior

10:30am Crude Oil Inventory Report

7:30pm AUD Trade Balance (A$): 5.1Be v 5.9B prior

Thursday, November 7th

2:00am EUR German Industrial Production M/M: -0.5%e v +0.3% prior  

3:30am EUR German Construction PMI: No est v 50.1 prior

4:00am EUR Italy Retail Sales M/M: No est v -0.6% prior

4:00am EUR ECB Economic Bulletin

5:00am EUR EU Commission Economic Forecasts

6:00am ZAR South Africa Manufacturing Production M/M: -0.2%e v +1.3% prior

7:00am GBP BOE Interest Rate Decision: No changes in policy expected

8:30am USD Jobless Claims: No est v 218K prior

Friday, November 8th

CNY China Trade Data

2:00am EUR German Trade Balance: No est v €16.2B prior

2:45am EUR France Industrial Production M/M: 0.0%e v -0.9% prior

8:15am CAD Housing Starts: No est v 221.2K prior

8:30am CAD Employment Change: No est v 53.7K prior

10:00am USD Prelim University of Michigan Sentiment: 96.0e v 95.5 prior

8:30pm CNY China CPI Y/Y: 3.0%e v 3.0% prior

Source: marketpulse

lastest Articles

Market Analysis
EUR/USD clings to gains near 1.1080 ahead of ECB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold flirting with session lows, around $1470 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Trump's trade deal in trouble, Boris bounces back, EUR/USD awaits ECB Minutes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price News & Forecast: XAU/USD $1,475 continues to cap upside
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC minutes: Key event ahead
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US Senate's HK bill weighs on sentiment, Corbyn crashing the pound, Fed minutes awaits
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY technical lines drawn as trade uncertainty persists – Confluence Detector
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
OPEC's share of Indian oil imports in October hits lowest since 2011 – Reuters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar depressed amid trade skepticism, Bitcoin battered, Johnson-Corbyn debate eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD Technical Analysis: Upside is likely to remain capped near a support-turned-resistance
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
RBNZ likely to have two further cuts in May and August next year
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE expected to remain on hold for the time being
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY moves back closer to multi-month tops, around 109.25-30 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE to deliver a 25bps cut in January 2020 – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Tension toward Trump's trade comments, boost for Boris holds up, data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD clings to gains around 1.1020
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold recovers from 3-month lows, up little around $1465 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Trump's trade pessimism pressures markets, Spain stuck again, UK GDP set to rise
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead - Trade war, UK, RBNZ, Banxico, Spain
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
RBA is not complacent about AUD remaining weak – Westpac
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB Economic Bulletin: Moderate but positive growth in H2
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
FXSniper PAMM - The New GEM at FXPIG
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold ticks higher, lacks follow-through
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD now risks a move to 1.1000 – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Chinese tariff demands may break trade talks, USD marches forward, Fed speakers eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
OPEC: Raises mid-term outlook for non-OPEC Oil supply growth
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD upside loses momentum
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Asia: PMIs pull back – TDS
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB: Focus on Lagarde’s speech
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE to leave the policy rate unchanged – Rabobank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets have reasons for a happy Monday, Boris Johnson remains in the lead, Lagarde eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Week Ahead – RBA and BOE Decisions in focus as UK election campaigns begin
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD trims gains and recedes to 1.1150 ahead of NFP
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
The Fed moves into a ‘wait-and-see’ mode
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar defeated ahead of Non-Farm Payrolls, Chinese data cheers markets
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD unchanged near 1.1170 post-EMU data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC and BoJ meetings should have supported USD/JPY – Westpac
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar depressed after the Fed, trade talks accelerate, and another busy data day awaits
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC Preview: What 11 major banks are expecting from October
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD could still visit the 1.1180 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
Time to fall back
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Super Wednesday features the Fed, US GDP, and lots more as Brits brace for "jingle polls"
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Further upside in EUR/USD lost traction
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoC likely to leave the policy rate unchanged – Rabobank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Trump's trade hope lifts markets, Boris brings elections to parliament, Bitcoin bruised by Chinese warning
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Brexit, FOMC meeting amongst market movers this week – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold consolidates in a range, just above $1500 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Technical Analysis: recovery could extend to the 100-day SMA at 1.1128
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Week Ahead – Brexit, Fed, BoC, BoJ and Earnings
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Brexit: EU to extend Brexit deadline without a date - Reuters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold climbs to fresh two-week tops, above $1505 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC: Still no pre-commitment to more easing
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB meeting to be a relatively uneventful policy-wise
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Brexit in the EU's hands, EUR/USD may struggle with Draghi one last time, Bitcoin battered
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB: Draghi’s last Governing Council meeting – Deutsche Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EU's Tusk: Will react to Brexit delay request in the coming days
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Steady trading – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Critical vote on Brexit, mixed messages on trade talks, Trudeau returned as Canadian PM
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD could test the 1.1200 region near term – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: GBP/USD breaks above 1.30 as DUP rejects customs union amendment to the Brexit deal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Boris and sterling brace for more Brexit drama, some stability in trade, and Canada votes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Brexit Optimism Rises Despite Parliament Obstacle
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY upside could be losing momentum – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD now looks to a test of 1.1165 – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Speculation about the Brexit vote, assessing Chinese mixed figures, and the Fed's last rate hint
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB speakers advocated fiscal easing – Deutsche Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Technical Analysis: The up move faltered just ahead of the 100-day SMA near 1.1140
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Slight consolidation here
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Brexit talks drag on as key UK PM Johnson ally threatens hold-out – Bloomberg
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD still targets 1.1100 and above – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Boris on the brink of a Brexit deal, trade concerns reemerge, US Retail Sales eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
China: Widening divergence between CPI and PPI – ANZ
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
When is the UK jobs report and how could it affect GBP/USD?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD drops to session lows near 1.1010 ahead of ZEW
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Focus shifts to Brexit, IMF’s WEO, Earnings Season, and Chinese data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/JPY technical analysis: Intraday positive move stalls near descending trend-channel resistance
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: EUR/USD breaks above 1.10 amid trade hopes – two week highs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EU Official: Eurozone budget should be around EUR 17 bln
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold holds steady in a range, just below $1510 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Surprise upside in Producer Prices – TD Securities
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD locked in a tight range and ready to explode, more likely to the downside – Confluence Detector
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD may recover as support is stronger than resistance — Confluence Detector
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD is approaching the 4 month downtrend – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets see glass half full in trade, Boris bracing collapse in talks, and Powell's speech eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
JPY Futures: cautiously neutral near term
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Scope for EUR/USD to test 1.10 in the near term – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: China limits scope for talks, EU skeptical on Brexit, and Trump's troubles mount
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Dollar on Backfoot as US Data Disappoints
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Non-Farm Payrolls seen increasing by 125k in September - Nomura
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD brushes off equity turmoil – Westpac
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
China's Yuan to refresh decade lows as trade war drags on - Reuters poll
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY Technical Analysis: Remains under pressure around 4-week lows
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: NFP likely to gain 150k in September – TD Securities
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Technical Analysis: Targets the 21-day SMA at 1.1000 in the near term
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: On reversal watch – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD stays below 1.23 after UK Sept Manufacturing PMI rebounds to 48.3
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed’s Evans: US monetary policy needed some "repositioning" to align against risks
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Recent Mid-East flare up adds to upside risks – ING
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOJ’s Kuroda: Downside risks in global economy heightening
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD eyes 1.0890 as the next downside target – Confluence Detector
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613