Posts Tagged ‘Outlook’
Recap of the Latest Global News
By Cory Vi & Andrew Su on Jan 19, 2012
The markets remained positive despite the World Bank cutting its global growth forecast by the most in three years. It forecasted that global growth would slow to 2.5% in 2012, down from an estimate of 3.6% in June. The Bank said [...]
Recap of the Latest Global News
By Cory Vi & Andrew Su on Jan 20, 2012
Markets were upbeat yesterday as more European bond auctions saw bond yields decline. Spain sold EUR 6.61 billion of 2016, 2019 and 2022 maturing bonds against a target of EUR 4.5 billion while France sold 2014 notes at a yield of [...]
Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers the MetaTrader4 and PROfit Platform to retail traders. Other services include Segregated Accounts, Trading workshops, Tutorials, and Commodities trading.
Traders will have a hard time trying to find a down market today with the exception of JPY and USD as the market has taken a decidedly pro-risk tone this morning, which is a welcome relief to some. Both global stocks and commodities are trading much higher to start the US session. There are a [...]
Welcome to forex trading—2012 style! As you can see, the markets in general are trading with big volatility. One day we’re up big, the next day we’re down big. Sometimes it seems like the market is spinning its wheels, yet there is plenty room to make money.
Today the markets are lower to start the morning [...]
Well it looks like we’re dodging bullets in the financial markets today as just about every possible risk event came in with a positive result for risk appetite so that’s exactly what we are seeing today. Yesterday I mentioned the volatility of the markets and how yesterday’s down day was really nothing more than fear [...]
It is becoming apparent that the Euro debt crisis is winning the sentiment battle so far this year as concerns over bond auctions in various nations have the markets on edge. The economic data story was mixed overnight, which steered the markets toward risk aversion.
This means that we have early Dollar strength and Euro weakness, [...]
Today is jobs Friday with the all-important Non-Farm Payrolls report due out later this morning. The official expectation is that we will see an addition of 155K jobs, though based on recent data releases, I’m hearing that the “whisper number” may be a lot higher.
For those of you unfamiliar with the “whisper number”, it is [...]
GBP/AUD Daily outlook – 06 January
The sterling weakened against the Aussie on Thursday resulting in the daily candle closing as a bearish pin bar. The market initially pushed higher, however was met with strong resistance at 1.5200 which was unable to be broken. Late trading saw a fall back lower.
The daily pin bar was the [...]
Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers the MetaTrader4 and PROfit Platform to retail traders. Other services include Segregated Accounts, Trading workshops, Tutorials, and Commodities trading.
