Events: US - FOMC Minute US - core PCE Inflation US - FED Speakers FED is expected to raise interest rates by 50bp at the next meeting. Keep an eye out for dovish members warming up to the idea of a 75bp hike instead. Doves turning more hawkish. _________________ GBP - Manufacturing PMI GBP - BoE Speeches (Baily and Tenreyro)
$SPX breached its 200-day moving average, as $SPX upward momentum faltered with a -1.90% plunge on Friday after National Security Advisor Jake Sullivan acknowledged there was a “distinct possibility” that Russia could invade Ukraine before the end of the Olympics. $SPX ended the market week with a loss of -1.82%. $SPX remains resisted by a Downtrend Line...
The earnings season enters one of its busiest phases this week with tech giants Microsoft ($MSFT), Apple ($AAPL) and Tesla ($TSLA) are due to report. Investors will be seeking reassurance from earnings result after last week’s selloff, but market volatility looks set to continue for now. Fed Chair Jerome Powell is expected to signal that the central bank is on...
Who else feels like this year has gone by so quickly? Each week ahead article, I have been talking about how the election is coming and how volatile times are coming ahead. Now we are neck-deep into election season, with the first one in New Zealand granting Jacinda Ardern and her party a landslide victory, enabling them to govern themselves. All eyes now are on...
Last week was a bloody week in the markets, with US equities selling off on fears that the market has been overstretched. The NASDAQ, Dow Jones, and the S&P 500 were down 4.52%, 3.66%, and 3.28%, respectively. – talk about NFP As we approach election season in the United States, traders should be looking out for changes in future policies which may whipsaw the...
Busy week ahead as September kicks in. As New Zealand and the United States elections slowly approach, the Coronavirus pandemic will most likely be the center focus for many parties and how they handle the post Coronavirus world. Here is your week ahead. Tuesday, 1st September – Germany’s Inflation and Unemployment rate Like most of Europe, Germany is...
By Andria Pichidi - July 6, 2019 An interesting week is coming up, following a confirmation that the US and China will resume trade negotiations.Market attention is also honed in on the central banks, as Fed Chair Powell testifies before Congress. In the UK, the focus turns to GDP. Monday – 8 July 2019 Industrial Production and Trade Balance (EUR, GMT 06:00)...
By Andria Pichidi - June 1, 2019 Trade and geopolitics will continue to dominate the headlines into June along with PM May’s official resignation on Friday. Top of the agenda next week will be the RBA and ECB policy meetings, but a lot of attention will also be on the contemporaneous data on the May US Jobs report, the global PMI outcomes and the European Q1...
This is my 'homework' for the week ahead. I'm stalking - 90%. This is what we do!
Well formed channel on 4H chart. 3 consecutive bullish weeks for usd/chf Daily MA shows upside momentum Pin bar formed around channel low on daily chart , followed by bullish engulfing bar. We still dont know if the price will rally for new highs , the confirmation we looking for is 4H chart MA cross and start scalping on 15m chart in the way of the trend. If...