Fundamental Analysis

US GDP Grows Strongly Over 3Q

The Fed received further endorsement for its current tightening path last week as the latest US GDP figures came out stronger than expected. came in at 3.5% vs the consensus market forecast of 3.4%. The news will be received as a double-edged sword by President Trump who on the one hand will be keen to highlight continued strong economic growth ...

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Turbulent Week Likely As Wall Street Edges Higher

US futures get week off to a positive start Risk appetite is gradually improving throughout the morning in Europe and the US is following in its lead with futures comfortably higher ahead of the open on Wall Street. I’m still far from confident that we’re through the other side of this particular storm and the coming week could be just ...

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Speculators Reduce JPY Shorts Amid Risk-Off

The latest IMM data covers the week from 16 September to 23 October 2018. To read the entire report Please click on the pdf File Below. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges ...

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Market Guide – USD To Stay Strong Until Year-End

Oil prices move higher over supply concerns We have seen some substantial fluctuations in the oil price since the start of September. The concerns seem to be supply-driven, as sanctions on Iran have started to bite and there has been an easing of global trade tensions following the trade deal between US, Canada and Mexico. OPEC’s spare capacity, excluding Iran ...

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Will U.S. Consumers Help Prop Up The Dollar?

Market Drivers October 29, 2018Markets quiet at the start of the weekMerkel loses ground in local elections-0.16% 0.0%$67/bbl$1230/oz.$6550 Europe and Asia:GBP UK North America:USD / 8:30 It’s been a very quiet start of trade in FX this week, with most majors barely tracing out 20 pip ranges in Asian and early European dealing. The euro was steady despite further losses ...

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Will USD Continue To Rise On Payrolls Data?

Weekly Technical Analysis For October 29th to November 2nd, 2018 : The Euro dropped significantly after last week’s European Central Bank Rate Decision. The ECB held rates steady at 0% as expected. The ECB also confirmed that its €15 billion in monthly asset purchases was still on track until the end of December, but it doesn’t mean other programs won’t ...

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Draghi Seeks To Soothe Markets As ECB Eases Accommodation

European Central Bank (ECB) President Mario Draghi stopped short of simply saying “trust me” at his Thursday, following the meeting of the governing council of the ECB. But he did try to defuse some of the economic tensions in Europe by expressing his personal confidence that reasonable solutions would be found for the Italian budget standoff and even the Brexit ...

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