Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy all the many features of our fine community. Note that lewd or meaningless nicknames are prohibited (no numbers or letters at random) and please introduce yourself in the section for you to meet our community.
pcm brokers pcm brokers
Page 105 of 105 FirstFirst ... 55595103104105
Results 1,041 to 1,042 of 1042
  1. #1041
    Moderator
    Join Date
    Jun 2013
    Location
    U.A.E
    Posts
    4,080
    Post Thanks / Like
    Credits
    26,992
    My Language
    English

    Market Review - Fundamental Perspective - 21 May 2019

    • US and European equities lower on US-China trade war implications
    • AUDUSD down c.0.7% overnight after dovish RBA minutes
    • Barclays Research expects two RBA cuts by August 2019


    US and European equities fell yesterday as the implications of the trade dispute between US-China weighed on technology stocks. It has also been reported that China is going to retaliate after President Trump blacklisted Huawei (Bloomberg)
    However, the US did grant Huawei a temporary general license that authorises some transactions with the Chinese firm and its non-US affiliates
    Most Asian indices rose overnight. Technology shares rebounded in the region as companies such as Samsung were speculated to benefit from Huawei’s blacklisting
    GBPUSD traded in a relatively tight range yesterday as there were no meaningful developments regarding Brexit but has come lower this morning, breaking below 1.2700, amid broad-based USD strength. Focus for GBP is the PM May’s Cabinet meeting today
    Elsewhere in FX, AUDUSD sold-off c.0.7% overnight after RBA minutes showed a distinctly more dovish stance than the latest rate decision statement. RBA Governor Lowe suggested the central bank will consider a rate cut in June if there is no improvement in employment or inflation data
    Barclays Research has now changed their baseline view and expects two cuts from the RBA this year. The first in June and another in August, bringing the key rate to another historic low of 1.0%
    The market is currently pricing in nearly a 90% probability of a cut by June 2019 and a 20% probability of a second cut in August (Barclays Research)

  2. #1042
    Moderator
    Join Date
    Jun 2013
    Location
    U.A.E
    Posts
    4,080
    Post Thanks / Like
    Credits
    26,992
    My Language
    English

    Market Review - Fundamental Perspective - 22 May 2019

    • GBPUSD trades volatile amid Brexit developments
    • US equities higher due to increased demand for technology stocks
    • Today’s focus is the FOMC minutes released at 19:00 BST


    GBPUSD had a volatile day yesterday amid Brexit developments, initially weakening after the Farage-led Brexit party had a strong result in the European election opinion polls. In the afternoon, the pair saw a short-lived rally of c. 1% after PM May’s outlined her “new” Withdrawal deal; GBPUSD has erased all of its gains since and trades below 1.2700 this morning
    PM May offered the possibility for a second referendum on the condition that her Withdrawal deal is passed through the House of Commons
    The deal was received negatively by both of the main parties and PM May reportedly faces increased pressure to abandon her Brexit deal and quit as British PM (Bloomberg)
    US equities were higher for the first time in three days yesterday as investors increased demand for technology stocks after the US granted a three-month reprieve on its Huawei ban. However, Chinese equities dropped overnight on reports Hikvision may be included in the US blacklist (FT)
    Ambassador to the US Cui Tiankai told Fox News that China “remains ready to continue talks” and they are prepared to address the imbalance in trade (Bloomberg)
    Focus today is on the release of the FOMC minutes at 19:00 BST. Barclays Research highlights that they should confirm the Fed’s “patient” stance and reflect the upbeat language on domestic activity, but also expects members to emphasize that domestic final demand growth was soft
    The Bloomberg Dollar Spot Index strengthened yesterday and overnight. EURUSD was lower overnight amid broad-based USD strength and EUR selling ahead of the European elections starting tomorrow

  3. ARIONFORXtarder
 

 
Page 105 of 105 FirstFirst ... 55595103104105

Similar Threads

  1. Fundamental View
    By Samirofi in forum How Prices Moved After News Came Out
    Replies: 283
    Last Post: 01-28-2016, 10:57 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBulletin® Version 4.2.4
Copyright © 2019 vBulletin Solutions, Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 10:38 AM.
CompleteVB skins shared by PreSofts.Com