I'm thinking of short GU based on the fact that the BoE left rates on hold at a record low 0.5% as expected. The size of Purchase Programme was left unchanged at £375 billion. UK Trade Deficit is at 2-Year Low
ECB left its interest rate unchanged at a record low 0.05 pct as expected. Furthermore ECB confirmed its projections for economic growth at 1.5% in 2015 and 1.9% in 2016. We'll see... More: Bank of England left their Bank Rate on hold at a record low 0.5% Greece Unemployment Rate remained unchanged at 25.6% www.tradingeconomics.com Greece Youth Unemployment...
nice upward trend channel sp500 respects red line (100 moving average) since Nov 2014 watch out for US GDP report
Possible Long Australian stocks Entry at 5670
Economies worldwide slowing down or missed their forecast. Why? There are different explanations. Today, I do a quick analysis of AUDUSD and how I trade it. As you may or may not know Australia (atlas.media.mit.edu) and Brazil (atlas.media.mit.edu) together dominate the world's iron ore exports. Iron ore is the basic source for iron and steel industries. It is...
This week one of ECB's executive board members said the CB will "frontload" its asset purchases in May and June due to reduced liquidity in the summer months. The European Central Bank purchase program contains a monthly average of 60 billion euros. The Euro reacted in a sell off. I think it will continue to sell off. The FED consider a rate hike probably to come...
Uptrend is intact. Long at 6950. Huge support at 6900.
After a strong pullback to 0.75 area I entered again a short position based on my previous trade setup and position. From fundamentals point: New Zealand labour force participation rate reached an all-time high of 69.6% and New Zealand Retail Sales YoY up 7.4%
My short position on french stocks due to ECB and Greece issue.
GBPCAD is in a recovery mode after hitting support (upward trendline). I consider a buy position at 1.841. After a small pullback. :) From fundamentals view The Bank of England holds Interest Rates and the size of the Asset Purchase Programme unchanged. British GDP Growth is at 2-Year Low. Canadas unemployment rate remains steady at 6.8%. Labor Force...
My Long Nasdaq setup. China cuts the benchmark one-year term lending rate by 25 basis points to 5.1% and deposit rate by 25 basis points to 2.25% en.xinfinance.com
NZDUSD short position see Chart watchout for RBA annoncement
More and more negative data from US weakens the Us-dollar basket. There is also no rate hike in sight. US Trade Deficit widens. US Manufacturing and US Factory Activity Growth slows down. When NFP-Numbers disappoints the market participants Euro will go upward.
The stock market ignores fundamental data. Some news came out last week which are not good for the us economy. The US economy grew only at an annual rate of 0.2 percent in the Q1 of 2015. This is very disappointing. In the previous period we had a 2.2% growth of GDP. No rate hike in the next foreseeable future. In April 2015 the US Factory Activity Growth and US...
economies worldwide slowdowns but the central banks inflate the market with cheap money by lowering or holding interest rates at 0 percent. That's why the market/stocks are rising and ignoring fundamentals.