Hong tensions isn’t helping , the riots are hurting the GDP all while laying only a pretty much never broken support . Also the United States economy is opening
It shouldn't be bad to ride with the market movers. these are just key idea stuff in a trader
bought at 0.698 & adding conservative longs along the way. While Usd is looking to cut rates during its slowdown itd be nice to take advantage of this. Watch for Usd Core Cpi in the coming hours & Core PPI. It'd be an ideal long term trade to sometime after Usd news . July 31 st- FOMC Meeting & is expected to cut rates. China (Australia biggest trading partner)...
Canada is a major oil exporter while Japan imports a lot of oil. Japan isn't expected to hike until Spring 2020 as they are in repairing stage. Canada's economy is simply solid but with OPEC mostly likely looking to continue to cut oil production Oil should rise to about $65 & if Us & China issue gets settled.. Global gdp should be expected to pick up thus causing...
Aud recently tanked did non-existent CPI. China 4/26/19 came out w/ bad news. Nzd unemployment is expected to be good later. Next week- Aud is expected to cut rates.
adding more shorts onto Nzd Cad after its retracement from Good Core CPI . Oil has rallied once Saudi Arabia agreed 2 cut production then further rallied once Russian agreed as well
what 2 look 4 -Usd- industrial production ( descent turn) -Aud- Gov. Lowe speaks , Aud Monetary policy & -Nzd- CPI Q/Q -China- GDP & Industrial prod. -Usd- Core CPI -Usd- building permit & housing -Aud- unemployment rate & employment change
Feel free 2 share in ( Planning for Brexit results ) - published chart in related ideas
Eyes out 4... •Mon- FOMC Member Brainard Speaks •Thur--(Big Day) Core Retail Sales , PPI & Philly Fed Manufacturing Index , Core PPI & Few other that are to be watched but those are the big main 1's.. especially Core Retail. Fri- Core CPI 0.00% !! & Consumer Sentiment
Great Usd news expectations.. Eyes out 4... •Mon- FOMC Member Brainard Speaks Tue-- Gbp- CPI & Draghi Speech Wed-- Average Earnings & Claimant Count Change Thur--(Big Day) Core Retail Sales , PPI & Philly Fed Manufacturing Index , Core PPI & Few other that are to be watched but those are the big main 1's.. especially Core Retail. & -Gbp- Retail sales ...
Eyes out 4... Mon- FOMC Member Brainard Speaks Tues- ECB President Draghi Speaks & German ZEW Economic Sentiment Thur--(Big Day) Core Retail Sales , PPI & Philly Fed Manufacturing Index , Core PPI & Few other that are to be watched but those are the big main 1's.. especially Core Retail. Fri- Core CPI !! & Consumer Sentiment
-Nzd- rate cut is expected. Its important 2 know WHY this time around. the rate changes isn't whats important all the time. Oil chart in update
Eyes out on -Jpy- Gdp -Gbp- news on Tuesday -Gbp- Claimant count & Wages -Gbp- Retail sales
I trade news expectations with technical & trade news release.. incredibly accurate..make tons of pips..safe & smart. Feel free 2 ask questions
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Important Comments in -Aud- Monetary Report RBA SoMP: Underlying Inflation To Remain Under 2% For Much Of Forecast Period, Reach 2 % By End 2018 RBA SoMP: Judged Risks Associated With Rising House Prices And Debt Had Diminished A$ Remains Significant Source Of Uncertainty For Inflation, Growth Forecasts GDP Growth Looks To Have Moderated In Q2 As Net Exports...
-Nzd- Rate day is August 10. Also there is -Nzd- retail sale Q/Q to watch if u stay in after Rate day. Do read WHY Nzd doesn't or does chage rates as it is HIGHLY Important this time around. Knowing WHY rates change is sometimes more important than the rate change itself.