Pakistan Forex Forum

Forex Community Place

Help | Support
Earn up to
$50000
اپنے دوستوں کومدعو کرنے پر
تاکہ وہ حاصل کرسکیں انسٹا فاریکس کی جانب سے سٹارٹ آپ بونس
No investments required!
Trading ka aghaz karain
Bina kisi sarmaykari or khatray kay
Naye shoro main hasil karda Bonus kay Sath 1000$
Bonus hasil karain.
55%
InstaFoerx kay har Deposit par
Page 13 of 13 PehlaPehla ... 3111213
Results 121 to 122 of 122

Mauzo: Hotforex.com - Market Analysis and News.

  1. #121
    HFblogNews's Avatar Senior Member
    Tareekh shamoliat
    May 2017
    Posts
    122
    Accumulated bonus
    33.72 USD
    Thanks
    1
    4 posts pe 4 martaba thanks

    Re: Hotforex.com - Market Analysis and News.

    Date : 22nd August 2019.

    MACRO EVENTS & NEWS OF 22nd August 2019.




    FX News Today

    * FOMC minutes did not provide strong clues on the direction of rates.

    * However, the lack of a signal that the Feds July rate cut was the start of an easing cycle was enough to eventually weigh on Treasuries.

    * Asian stock markets struggled as investors continued to digest the implications of yesterdays Fed minutes and trading conditions remained quieter than usual ahead of Powells speech at Jackson Hole tomorrow.

    * Yields closed at their highs of the session after holding cheap levels all session. The curve narrowed below 1 bp as the short end underperformed.

    * US President Trump continued to criticize the Fed Chairman, while suggesting the US may strike a deal on trade, but that didnt prevent US futures from heading south overnight.

    * Topix and Nikkei are currently down -0.13% and -0.09% respectively, despite improvements in PMI readings that were counterbalanced by an as expected decline in the All Industry Index.

    * The WTI future meanwhile fell back to $55.45 per barrel.

    * Brexit: Merkel gives Johnson 30 days to solve Backstop conundrum.

    * Johnson is today expected in Paris, where the tone is likely to be harsher than in Berlin, although both Merkel and Macron have stressed that they are ready for a no-deal Brexit if there is no agreement.

    * The UK curve remains inverted out to the 10-year area.

    Charts of the Day



    Technicians Corner

    *USDJPY printed a two-day low, at 106.28.The biggest mover, not surprisingly, has been AUDJPY, a forex market barometer of shifting risk-appetite patterns in global markets. The cross was showing a 0.5% loss heading into the London interbank open, and was testing one-week lows at 71.90. Next Support stands at 71.76 and 71.60. Resistance is at the pivot 72.20 level.

    Main Macro Events Today

    * Jackson Hole Symposium Day 1

    * Services and Manufacturing PMI (EUR, GMT 07:30-08:00) July PMI readings highlighted manufacturing weakness. This picture is likely to be seen again in the preliminary readings for August, as Manufacturing PMI has been forecast at 46.3 from 46.5 last month, still down from 47.6 in June, and indicates a deepening recession in a sector that has been hit very hard by global trade tensions and no-deal Brexit risks. Meanwhile, Services PMI is expected to fall to 52.7 from 53.2.

    * Services and Manufacturing PMI (USD, GMT 13:45) Preliminary Manufacturing is expected to grow in August, to 51.0 from 50.4, as Services PMI is likely to fall to 51.7 from 53.

    * New Zealand Retail Sales (NZD, GMT 22:45) Usually considered an index of consumer confidence and overall consumption in the economy, higher retail sales point to higher consumption and hence higher economic growth which is good for the currency.

    Support and Resistance levels



    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.

    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.


    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.

  2. #122
    HFblogNews's Avatar Senior Member
    Tareekh shamoliat
    May 2017
    Posts
    122
    Accumulated bonus
    33.72 USD
    Thanks
    1
    4 posts pe 4 martaba thanks

    Re: Hotforex.com - Market Analysis and News.

    Date : 23rd August 2019.

    MACRO EVENTS & NEWS OF 23rd August 2019.




    FX News Today

    * A confluence of factors whipped the markets around Thursday heading into the Jackson Hole Symposium and Chair Powells comments Friday at 10 ET.

    * Hawkish remarks from George (she dissented against the July easing) and Harker (who votes in 2020) weighed on Treasuries and erased early gains from Wall Street.

    * Minutes from both Fed and ECB meetings were not quite the all out dovish signal that some had been hoping for and comments from Fed members yesterday also showed a degree of caution with regard to further easing measures.

    * The curve in the US steepened again after inverting briefly overnight, the curve flattened and inverted further in Japan.

    * Stock markets across Asia moved mostly higher although gains remained contained by caution.

    * New Zealands central bank governor said he could afford to wait before declining on additional easing measures.

    * Onshore Yuan set at its weakest for 11 years.

    * Japanese core consumer inflation at a 2-year low in July.

    * Meanwhile lingering geopolitical trade tensions and political jitters in Hong Kong, Italy and the UK add to an uncertain backdrop. US futures are also cautiously moving higher.

    * The WTI future is trading at USD 55.37 per barrel.

    Charts of the Day



    Technicians Corner

    *EURUSD returned to 3-week lows of 1.1064 today, after rallying to session highs of 1.1099 following the sub-50 US manufacturing PMI. Negative European yields appear to be taking their toll on the currency, keeping the Dollar in demand in place for relatively high yielding US Treasuries. This has likely been a major factor keeping EURUSD under pressure, especially ahead of likely ECB easing in September, and perceptions that the Fed will not be as aggressive in easing as previously thought. Key EURUSD level is the 27-month low of 1.1027 seen on August 1.

    *USDJPY rallied to 106.64 highs. The risk-sensitive pairing can be expected to consolidate into todays much anticipated speech from Fed chair Powell, from Jackson Hole.

    *GBPUSD: Sterling had its best single day rally since March 13 against the Dollar. Cables high was 1.2273, which is the loftiest level seen since late July. The gains were sparked by comments made by Germans Merkel, who indicated that a solution to the Irish border backstop conundrum is doable by the October-31 Brexit deadline. UK Prime Minister Boris Johnson followed this up by saying at his joint press conference with Frances Macron that he was encouraged by his talks in Berlin yesterday, and that a deal, he thinks, can be done ahead of October 31. Macron, said, however, that while he has always respected the UKs decision to leave the EU, the European project has to be protected, to which the Irish backstop remains an important part of ensuring this. Merkels remarks were little more than rhetorical platitudes, though enough to trigger a short squeeze in a heavy shorted currency.


    Main Macro Events Today

    * Jackson Hole Symposium Day 2

    * Retail Sales ex Autos (CAD, GMT 12:30) Retail sales are expected to have decreased in Canada, with consensus forecasts suggesting a -0.5% m/m decline should be registered in June and an unchanged ex-autos component at 0.3%. In May, Retail sales were disappointing, falling 0.1% for total sales and declining 0.3% for the ex-autos component. The decline in sales was driven by a 2.0% tumble in food and beverage stores. The report casts some doubt on the resiliency of the consumer sector to the ongoing parade of worrisome geopolitical and trade developments.

    Support and Resistance levels



    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.

    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.

    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.

Page 13 of 13 PehlaPehla ... 3111213

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •