Highlights include US PCE, SNB, Flash PMIs, Aussie and Tokyo CPI Interest rates MON: PBoC LPR, EZ Consumer Confidence Flash (Sep) TUE: Riksbank Announcement, EZ/UK/US Flash PMIs (Sep) WED: CNB Announcement, Australian CPI (Aug), German Ifo Survey (Sep) THU: SNB Announcement, Banxico Announcement, BoJ Minutes, PBoC MLF, German GfK Consumer Sentiment (Oct), US Durable…
“US Jobless Claims Spike: Labor Market Weakness, Fed Rate Cuts, and Market Implications” Unemployment number The old trading adage, “It’s not the news but the reaction to the news that matters,” was on full display after last week’s sharp increase in U.S. weekly jobless claims. Markets initially reacted to fears of an acceleration in labor…
Newsquawk.com Week Ahead: 21st-25th October Highlights include PBoC LPR, BoC, EZ & UK PMI MON: PBoC LPRTUE: NBH Announcement, IMF World Economic OutlookWED: BoC AnnouncementTHU: EZ/UK/US Flash PMIs (Oct)FRI: PBoC MLF (TBC), CBR Announcement, Japanese Tokyo CPI (Oct), German Ifo (Oct), US Durable Goods (Sep), US University of Michigan Final (Oct) Newsquawk…
Common Sense Tips for The Average Trader They say a trader learns more from losing than winning but hopefully it is not to the extent that it wipes out one’s account. I was asked the following question by a Global-View Trading Club member (posted with permission)): I am long EURUSD above 1.10 and…
Newsquawk Week Ahead Highlights October 14-18 Week Ahead: 14-18th October 2024Newquawk.com Highlights include: US retail sales, ECB, Aussie jobs, inflation data from China, Japan, New Zealand and Canada SUN: Chinese Inflation MON: OPEC MOMR, Chinese Trade Balance (Sep), Canada market holiday TUE: SARB Announcement, IEA OMR, UK Jobs Report (Aug/Sep), Swedish CPIF (Sep),…
Newsquawk.com Week Ahead 24-28th June: MON: BoJ Summary of Opinions, German Ifo Survey (Jun), German Import Prices (May) TUE: Japanese Services PPI (May), Canadian CPI (May), UK GDP (Q1) WED: Australian CPI (May), German GfK Consumer Sentiment THU: Biden/Trump debate on CNN, Riksbank Announcement, CBRT Announcement, CNB Announcement,European Council, Chinese Industrial Profits YTD (May),…
Newsquawk.com Week Ahead 17-21st June: MON: PBoC MLF, Chinese Activity Data (May), EZ Wages and Labour Costs (Q1) TUE: RBA Announcement, NBH Announcement, EZ Final CPI (May), German ZEW Survey (Jun), US Retail Sales (May), Japanese Trade Balance (May) WED: BoC Minutes, BCB Announcement, UK Inflation (May), New Zealand GDP (Q1) THU: BoE Announcement, PBoC…
Trends in the forex market tend to be strongest when fundamentals support technical moves.. Many retail forex traders dismiss the fundamentals when trading because they are sometimes hard to figure out and because they are not easily converted into a trading strategy. Nevertheless, they are often the major driver of broader trends and regularly…
EURUSD Gaps Lower: How to Trade in a Geopolitical Market I can’t remember the last time European politics was a market factor but as this chart shows, the gap opening down in the EURUSD suggests this is currently the case. Whether it is an expected gains by the far right in EU election results…
The 8 Main Variations of Gartley Patterns in Trading It’s impossible to talk about Gartley patterns without talking about Harold McKinley Gartley. He was once known for a stock advice service that he ran in his day and age. He was a very popular person to turn to for advice on these matters because…