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 93 of 93 FirstFirst ... 4383919293
Results 921 to 922 of 922
  1. #921
    Moderator
    Join Date
    Jun 2013
    Location
    U.A.E
    Posts
    3,960
    Post Thanks / Like
    Credits
    26,504
    My Language
    English

    Market Review - Fundamental Perspective - 20 Nov 2018

    • Equity markets dropped amid concerns about global demand and US-Sino trade tensions
    • GBPUSD traded higher as “vote of no confidence” headlines lost momentum
    • Focus on BoE’s Carney’s lawmaker address today at 11:00 GMT


    Asian equities followed their US counterparts lower overnight primarily led by a sell-off in US technology stocks. The risk-off sentiment was driven by concerns about global demand and conflicting messages from the US and China on their trade relations (Reuters)
    Investor confidence also came under pressure after the US homebuilders confidence index suffered its biggest drop since 2014 amid rising borrowing costs (Bloomberg)
    In FX, the risk aversion prompted increased demand for safe havens, with both JPY and CHF rising against the USD. At the same time, commodity currencies fell led by AUDUSD hitting a low of 0.7270 this morning. The Bloomberg USD Spot Index traded in a relatively tight range but ended the day slightly lower
    GBPUSD saw some volatility amid Brexit headlines yesterday, dropping below 1.2800 after Spain expressed concerns about the Brexit Withdrawal deal with regards to Gibraltar (Bloomberg). Sterling then rebounded as headlines around a vote of no confidence lost momentum
    Today markets watch BoE Governor Carney as he takes questions about Brexit from lawmakers, together with his colleagues Cunliffe, Haldane and Saunders. He will discuss the bank’s new economic forecasts, and potentially his thoughts on how a “no-deal” Brexit would affect monetary and financial stability (Bloomberg)

  2. #922
    Moderator
    Join Date
    Jun 2013
    Location
    U.A.E
    Posts
    3,960
    Post Thanks / Like
    Credits
    26,504
    My Language
    English

    Market Review - Fundamental Perspective - 21 Nov 2018

    • Global equities continued to sell-off while Brent prices hit new YTD lows
    • GBPUSD came under pressure as Brexit concerns remain
    • Focus on the EC’s response to Italy’s budget plan today


    Global equities continued to sell off yesterday and overnight amid ongoing concerns about global growth. Losses were led by US energy shares which were under pressure due to the c.6% drop in oil prices, with Brent hitting a new YTD low of $61.71/ barrel at one point
    Safe haven demand prompted the Bloomberg USD Spot Index to rise throughout yesterday. At the same time, the low oil prices weighed on commodity currencies including CAD and NOK
    GBPUSD came under renewed pressure yesterday, once again dropping below 1.2800 amid concerns around a “no confidence vote” and Spain’s criticism with regards to Gibraltar. BoE’s Carney has shown his support for PM May’s Brexit Withdrawal deal but expects short-term volatility in economic data (Bloomberg)
    Today’s focus is on PM May’s visit in Brussels for further Brexit talks
    In Europe, the EC has the opportunity to recommend an ‘Excessive debt procedure’ against Italy today due to violations of debt reduction benchmarks. Barclays Research’s view is that “to a large extent, (…) we think this is already discounted in EURUSD”
    EURUSD came under pressure yesterday as risk sentiment deteriorated. This morning’s headlines suggested that Italian PM Salvini was open to budget revisions (La Stampa) which saw EURUSD retrace some of yesterday’s losses

  3. ARIONFORXtarder
 

 
Page 93 of 93 FirstFirst ... 4383919293

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 © 2018 vBulletin Solutions, Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 07:35 PM.
CompleteVB skins shared by PreSofts.Com