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#211 25-11-2019 09:33:19

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Re: hotforex.com - Market analysis and news.

Date : 25th November 2019.

Events to Look Out For Next Week 25th November 2019.


https://bit.ly/2OiYGsz

*Its a short but also busy week, as the Thanksgiving holiday will keep US markets close on Thursday and partially on Friday. From a data perspective, it will definitely be an eventful week with Wednesday and Thursday being the most data-heavy days with US GDP and Durable Goods, and Inflation releases from Europe and Tokyo.

Monday – 25 November 2019

* German IFO Business Climate (EUR, GMT 09:00) – The German business sentiment index released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations in Germany. November numbers are expected to show a decline in business climate.

Tuesday – 26 November 2019

* CB Consumer Confidence (USD, GMT 15:00) – The Consumer confidence is expected to rebound to 128.0 in November from 125.9 in October, versus an 8-month high of 135.8 in July, a 16-month low of 121.7 seen as recently as January, and an 18-year high of 137.9 last October. The present situation index is anticipated to dip to 169.0 from 172.3 in October, versus a 19-year high of 176.0 in August. The expectations index should rise to 100.6 in November from 94.9 in October, versus an 18-year high of 115.1 in October of 2018. Overall, confidence measures remain historically high.

Wednesday – 27 November 2019

* Gross Domestic Product (USD, GMT 13:30) – The Q3 GDP growth is expected to be boosted to 2.1% from 1.9%. The revised Q3 data will still depict a quarter with a wide gap between solid consumption growth but contracting business fixed investment in the face of trade uncertainty, slowing growth abroad, disruptions from the Boeing 737 MAX grounding, and the UAW-GM strike.

* Personal Consumption Expenditures Prices (USD, GMT 13:30) – A 0.3% gain is seen in personal income in October after a 0.3% increase in September, alongside a 0.4% rise in consumption that follows a 0.2% September gain.

* Durable Goods (USD, GMT 13:30) – Durable goods orders are expected to fall -1.5% in October with a -4.4% drop in transportation orders, after a -1.2% headline orders drop in September, and a 0.2% uptick in August. Boeing orders fell to just 10 planes in October from 25 in September. A continued headwind from problems with the Boeing 737 Max and disruptions from the UAW-GM strike have prompted buyers to delay new orders and vehicle assemblies to fall to an 8-year low pace.


Thursday- 28 November 2019

* United States – Thanksgiving Day – US closed.

* Harmonized Index of Consumer Prices (EUR, GMT 13:00) – The German HICP inflation could slip to -0.6% m/m for November from 0.1% m/m. The annualized outcome is expected to remain unchanged at 0.9% y/y.

* Tokyo CPI and Production Data (JPY, GMT 23:30) – The country’s main leading indicator of inflation is expected to remain at 0.4% y/y core in November, and to slip at 0.4% y/y ex Fresh Food. Industrial Production should post a 1.9% growth y/y in October, compared to 1.3% last month.

Friday – 29 November 2019

* United States – Thanksgiving Day – US early closed at 13:00.

* Unemployment Rate (EUR, GMT 08:55) – Unemployment numbers are probably nearly as important as the GDP growth figure. German unemployment rate is expected to remain unchanged in the annual basis however unemployment change for November is expected to decline to 2K from 6K.

* Consumer Price Index (EUR, GMT 10:00) – The Euro Area flash CPI for November is forecasted to rise slightly, at 0.9% y/y from 0.7% y/y last month while core is seen at 1.2% y/y from 1.1% y/y.

* Gross Domestic Product (CAD, GMT 13:30) – A sharp slowing in Canada’s real GDP growth rate to 1.2% (q/q, saar) is expected in Q3 following the surge in Q2 growth to a 3.7% clip that was driven by temporary factors. This will add to the backing for a near term rate cut for the Bank of Canada.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.


Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

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#212 26-11-2019 09:35:40

HFblogNews
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Registered: 26-06-2014
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Re: hotforex.com - Market analysis and news.

Date : 26th November 2019.

Equities continue lower ahead of ECB – 26th November 2019.


https://bit.ly/37wTDw2

Risk-on runs on – European stock markets are slightly lower in opening trade, as the stock markets run out of steam after the rally seen yesterday.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.


Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

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#213 02-12-2019 08:46:14

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Registered: 26-06-2014
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Re: hotforex.com - Market analysis and news.

Date : 2nd December 2019.

Events to Look Out For Next Week 2nd December 2019.


https://analysis.hotforex.com/?refid=8138/wp-content/uploads/2019/06/events2_1200x628-696x364.png

*Welcome to our weekly agenda, our briefing of all the key financial events globally. Following another cautious week, after trade jitters and the prospect of further protests in Hong Kong weighed on sentiment, two interest rate decisions and NFP data stand out in the announcement schedule next week. The US-China trade tensions, upcoming UK elections and OPEC meeting in Vienna continue to dominate the week.

Monday – 02 December 2019

* Building Permits (AUD, GMT 00:30) – Building permits are a known leading indicator of the housing and the overall market. Following the moderation of decline in dwelling approvals in September for Australia, it will be interesting to observe whether permits will increase or pullback once again. The consensus for October is at -4.0% m/m, compared to the spike at 7.6% last month.

* Manufacturing PMIs (EUR, GBP, USD, GMT 08:55-14:45) – The UK manufacturing PMI is expected to hold below neutral at 48.1. The Euro Area PMI is expected to remain at the same levels as last month, at 46.6 and German number at 43.8, while the US ISM PMI  in November is expected to increase to 50.5  compared to 48.3. The sentiment surveys have been erratic in recent months likely due to competing perspectives on the trade war, troubles abroad, and stock price gyrations.

Tuesday – 03 December 2019

* Interest Rate Decision (AUD, GMT 03:30) – No surprises are expected even though in the last RBA statement Governor Lowe admitted that there are downside risks and admitted that the bank could ease again if necessary. He also suggested that previous easing steps are already supporting the economy and while the bank is monitoring developments there was nothing to signal immediate moves.

Wednesday – 04 December 2019

* Gross Domestic Product (AUD, GMT 00:30) – Third quarter GDP for Australia is expected to have settled at 1.4% y/y.

* Employment Data  (USD, GMT 13:15) – US ADP Employment Change is anticipated to grow by 138K in November from 125K last month.

* ISM Non-Manufacturing PMI (USD, GMT 15:00) – The ISM-NMI index is expected to rise to 55.0 in November from 54.7 in October. Sentiment has received ongoing support, however, from tight labor markets, high consumer confidence levels, and firm GDP and consumption growth. We should see at least some November updraft following the settlement of the UAW-GM strike.

* Interest Rate Decision (CAD, GMT 15:00) – In October, the Bank of Canada maintained the 1.75% rate setting, matching widespread expectations. However, the announcement was overall dovish and the Bank seems like it has opened the door wide open to a rate cut if the resilience of the domestic economy shows signs of faltering.

Thursday- 05 Decemmber 2019

* OPEC meeting in Vienna

* Gross Domestic Product (EUR, GMT 10:00) – Third quarter GDP s.a. for Europe is expected to have settled at 0.2% q/q, unchanged from the second quarter.

* Trade balance (USD, GMT 13:30) – The trade deficit is expected to widen in October to -$53.5 bln from -$52.5 bln in September. The exports are anticipated to hold steady at $206.0 bln, while imports should rise 0.4% to $259.6 bln. Both exports and imports face headwinds from a decline in vehicle trade with the UAW-GM strike, as well as a drop in petroleum prices following the Saudi drone bombing in September.

Friday – 06 December 2019

* Event of the Week – Non-Farm Payrolls (USD, GMT 13:30) – A 190k November nonfarm payroll rise has been forecasted, following a 128k increase in October. This reflects a November reversal of the UAW-GM strike impact that left a restrained 128k October rise, with an estimated 40k November bounce in factory jobs after the -36k October drop.

* Labour Market Data (CAD, GMT 13:30) – October employment revealed a 1.8k drop in jobs, contrary to expectations for a measured gain (median 15k), following the 53.7k jump in September. However, the November reading is anticipated to jump back to 15.9K while the unemployment rate is expected to rise as well at 5.6% m/m from 5.5% last month.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.


Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

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#214 02-12-2019 08:47:20

HFblogNews
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Registered: 26-06-2014
Posts: 1186
Website

Re: hotforex.com - Market analysis and news.

Date : 2nd December 2019.

Events to Look Out For Next Week 2nd December 2019.


https://bit.ly/2DzPVUJ

*Welcome to our weekly agenda, our briefing of all the key financial events globally. Following another cautious week, after trade jitters and the prospect of further protests in Hong Kong weighed on sentiment, two interest rate decisions and NFP data stand out in the announcement schedule next week. The US-China trade tensions, upcoming UK elections and OPEC meeting in Vienna continue to dominate the week.

Monday – 02 December 2019

* Building Permits (AUD, GMT 00:30) – Building permits are a known leading indicator of the housing and the overall market. Following the moderation of decline in dwelling approvals in September for Australia, it will be interesting to observe whether permits will increase or pullback once again. The consensus for October is at -4.0% m/m, compared to the spike at 7.6% last month.

* Manufacturing PMIs (EUR, GBP, USD, GMT 08:55-14:45) – The UK manufacturing PMI is expected to hold below neutral at 48.1. The Euro Area PMI is expected to remain at the same levels as last month, at 46.6 and German number at 43.8, while the US ISM PMI  in November is expected to increase to 50.5  compared to 48.3. The sentiment surveys have been erratic in recent months likely due to competing perspectives on the trade war, troubles abroad, and stock price gyrations.

Tuesday – 03 December 2019

* Interest Rate Decision (AUD, GMT 03:30) – No surprises are expected even though in the last RBA statement Governor Lowe admitted that there are downside risks and admitted that the bank could ease again if necessary. He also suggested that previous easing steps are already supporting the economy and while the bank is monitoring developments there was nothing to signal immediate moves.

Wednesday – 04 December 2019

* Gross Domestic Product (AUD, GMT 00:30) – Third quarter GDP for Australia is expected to have settled at 1.4% y/y.

* Employment Data  (USD, GMT 13:15) – US ADP Employment Change is anticipated to grow by 138K in November from 125K last month.

* ISM Non-Manufacturing PMI (USD, GMT 15:00) – The ISM-NMI index is expected to rise to 55.0 in November from 54.7 in October. Sentiment has received ongoing support, however, from tight labor markets, high consumer confidence levels, and firm GDP and consumption growth. We should see at least some November updraft following the settlement of the UAW-GM strike.

* Interest Rate Decision (CAD, GMT 15:00) – In October, the Bank of Canada maintained the 1.75% rate setting, matching widespread expectations. However, the announcement was overall dovish and the Bank seems like it has opened the door wide open to a rate cut if the resilience of the domestic economy shows signs of faltering.

Thursday- 05 Decemmber 2019

* OPEC meeting in Vienna

* Gross Domestic Product (EUR, GMT 10:00) – Third quarter GDP s.a. for Europe is expected to have settled at 0.2% q/q, unchanged from the second quarter.

* Trade balance (USD, GMT 13:30) – The trade deficit is expected to widen in October to -$53.5 bln from -$52.5 bln in September. The exports are anticipated to hold steady at $206.0 bln, while imports should rise 0.4% to $259.6 bln. Both exports and imports face headwinds from a decline in vehicle trade with the UAW-GM strike, as well as a drop in petroleum prices following the Saudi drone bombing in September.

Friday – 06 December 2019

* Event of the Week – Non-Farm Payrolls (USD, GMT 13:30) – A 190k November nonfarm payroll rise has been forecasted, following a 128k increase in October. This reflects a November reversal of the UAW-GM strike impact that left a restrained 128k October rise, with an estimated 40k November bounce in factory jobs after the -36k October drop.

* Labour Market Data (CAD, GMT 13:30) – October employment revealed a 1.8k drop in jobs, contrary to expectations for a measured gain (median 15k), following the 53.7k jump in September. However, the November reading is anticipated to jump back to 15.9K while the unemployment rate is expected to rise as well at 5.6% m/m from 5.5% last month.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.


Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

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#215 03-12-2019 10:05:58

HFblogNews
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Registered: 26-06-2014
Posts: 1186
Website

Re: hotforex.com - Market analysis and news.

Date : 3rd December 2019.

Sterling Awaits Election Result – 3rd December 2019.


https://bit.ly/2DGVMHO

Sunderland South and the direction of Sterling – Why the first constituency to declare its new MP could have a significant bearing on the direction of Sterling on Election night next week.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.


Stuart Cowell
Head Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

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#216 04-12-2019 10:02:11

HFblogNews
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Registered: 26-06-2014
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Re: hotforex.com - Market analysis and news.

Date : 4th December 2019.

FX Update – December 4 – Risk Off – 4th December 2019.


https://bit.ly/35XLDTl

AUDJPY, H1
The Yen has rallied on a safe-haven bid as global stock markets turn lower after President Trump, nearly two months after announcing the limited “Phase 1” trade deal with China, said that trade negotiations may be postponed until after the 2020 presidential election. This after announcing intentions to tariff steel imports from Brazil and Argentina. Disappointing Q3 GDP out of Australia, a country that is highly exposed to the US-China trade, was also in the mix. Growth came in at 0.4% q/q in the antipodean economy, against a median of 0.5%. USDJPY printed a 13-day low at 108.43, while EURJPY and AUDJPY descended into respective one-week low territory and is the biggest moving pair  today, down some -0.6%. The Australian Dollar has been the day’s biggest loser out of the main currencies. AUDUSD more than reversed gains seen yesterday on the less dovish than expected RBA statement, in making a low of 0.6814. The AUDJPY triggered lower yesterday on the Crossing EMA Strategy, H1 at 13:00 GMT (1) move down to T1 (2), retraced to Entry (3) to close T2 flat. It then triggered lower again (4) and moved to T1 (5) and T2 (6) for a net move of 47 pips for both legs lower.

https://bit.ly/2RiimyE

The Dollar, outside the case of USDJPY, has held firm, finding its own safe haven bid. The sharpest in six months drop in the U.S. 10-year T-note yield yesterday was a reflection of this safe haven bid, which is why forex markets haven’t been trading on yield differential dynamics in the latest phase. Both EURUSD and Cable both drifted moderately lower, before a bid on Sterling  saw cable breach 1.3000 and trade over 1.3040 and post a new six month high. Elsewhere, EURCHF has dropped for a third consecutive trading day, this time hitting a three-week low at 1.0923. The decline in the cross have correlated with the prevailing risk-off phase that started at Friday’s release of disappointing U.S. manufacturing ISM data.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.


Stuart Cowell
Head Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

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#217 06-12-2019 09:58:23

HFblogNews
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Registered: 26-06-2014
Posts: 1186
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Re: hotforex.com - Market analysis and news.

Date : 6th December 2019.

Happy Non-Farm Friday – 6th December 2019.


https://bit.ly/365OsSi

Happy Non-Farm Friday – The Dollar majors have remained comfortably within their respective ranges from yesterday, ahead of trade talks, NFP and the OPEC+ decision.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.


Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

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