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EUR/USD had a volatile week around the US elections and eventually closed lower. Speeches by Draghi, inflation, and GDP data stand. Will the euro continue lower?. Here is an outlook for the highlights of this week. Industrial Production: Monday, 10:00. A drop of 0.9% is on the cards now.Mario Draghi talks: Monday, 15:00. The President of the European Central Bank will speak in Rome, in his home country of Italy. Any comments about ...
High Profit Candlestick Patterns : Stephen Bigalow High profit trading patterns, revealed by utilizing time-honored Japanese candlestick signals. A straight-forward approach to understanding and exploiting market opportunities. Practical applications to predict stock price movements consistently and profitably, a winning system in good times or bad! All detailed in: "High Profit Candlestick Patterns: Turning Investor Sentiment into Profits" ...
EUR/USD managed to recover as November began. Updated EU forecasts and some German data stand out, as Americans go to the polls. Volatility is going to be high. Here is an outlook for the highlights of this week. Eurogroup meetings: Monday, with the wider Ecofin on Tuesday. European finance ministers convene to discuss business. Comments come out throughout the day.German Factory Orders: Monday, 7:00. A rise of 0.2% is on the cards. ...
US Presidential Election, Crude Oil Inventories, Unemployment Claims, Prelim UoM Consumer Sentiment, Rate decision in New Zealand. These are the main highlights of this week. US Presidential Election: Tuesday. US Presidential election attracts worldwide attention offering many surprises and uncertainties. The question is how the election would impact the economy and the markets. History suggests that the markets respond better to predictable ...
FOMC: "We believe that any taper tantrum angst is premature, however. Next week’s Fed meeting should make an explicit reference to a rate move in December but there seems to be less scope for aggressive tightening of US financial conditions given that the implied probability of a hike is already close to 75%. We doubt that there will be a sustained risk selloff either, especially if the non-farm payrolls and ISM data underpins the constructive outlook for the US economy and adds to the recent stream ...