Trade Successfully
Daily Analysis | 14 December 2017 ECB interest rate decision ECB is widely expected to remain on hold today and keep interest rates at 0.00%. As the rate as such is expected to remain the same focus may shift towards the press conference which will be held by ECB President Mario Draghi. Media
Read More
Daily Analysis | 13 December 2017 Janet Yellen will deliver the FOMC’s interest rate decision for the final time before stepping down, it is to be released today and the market widely expects a rate hike. Currently, fed funds futures (FFZ7) suggest that traders priced in a 98.7% probability for an
Read More
Daily Analysis | 12 December 2017 UK’s inflation data will be released today and the UK headline rate is expected to remain at 3% for November on a yearly basis. At a component level of the headline CPI rate, food costs are expected to have moved higher while tobacco and fuel
Read More
Gold bearish in short-term; remains vulnerable but immediate downside pressure eases for now. Gold has turned increasingly bearish and has shifted out of a range in which it has been trading in since early October. Prices broke below the 1270-1300 range to trade under 1250 since last Thursday. On the 4-hour time
Read More
Week Ahead – Fed to raise rates in busy week for central banks; EU summit decides on Brexit Numerous central banks are scheduled to meet to set monetary policy next week. This includes the Federal Reserve, probably the world’s most closely watched central bank. It is also the one expected to
Read More
Daily Analysis | 08 December 2017 The Employment Report today forecasted to include a Non-Farm Payrolls figure of about 198k, an unemployment rate of 4.1% and accelerated average hourly earnings at the rate of 0.3%. The actual figures were - Non-Farm Payrolls: 228k (better than expected), an unemployment rate of 4.1% (as
Read More
Dollar gains on tax reforms momentum; stocks climb on tech recovery Here are the latest developments in global markets: Forex: The dollar index moved higher to a fresh two-week high of 93.73 (+0.13%) as a layer of uncertainty was removed after the US Senate Republicans and the House of Representatives agreed yesterday
Read More
Aussie boosted by retail sales while tech selloff spreads to Asia Here are the latest developments in global markets: FOREX: The RBA held rates unchanged on early Tuesday as expected, but the Aussie hit a three-week high following upbeat retail sales figures which pointed to an improved economic outlook. The kiwi also posted a
Read More
Week Ahead – RBA and BoC meet; Aussie GDP and US jobs report eyed The first week of December will get off to a packed start with a number of key indicators and central bank meetings set to keep traders busy. Among the highlights are Australian GDP figures for the third quarter,
Read More
Daily Analysis | 30 November 2017 Today, OPEC and major non-OPEC producers will meet in Vienna. It is widely expected that participants will extend the current oil production cuts by 9 months, to December 2018. Bearing this in mind, we believe that in order for WTI to rally, producers may need
Read More