The NFP report gave a little for everybody: weak headline number with 173K but positive revisions and annual wage growth rising to 2.2%. Also other factors are mixed: US data such as GDP looks good but the world looks weak, especially China. So what will the Fed do? Perhaps go ahead but make it “the most dovish … “NFP Analysis: 7 reasons why the Fed is likely to”
Category: Opinions
EUR/USD: Trading the US NFP Sep 2016
US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Update: Non-Farm Payrolls +173K but other data is positive … “EUR/USD: Trading the US NFP Sep 2016”
Draghi elegantly joins the currency wars – what he did
Draghi dragged down the euro and kept the drama going on. On his 68th birthday, the ECB president gave one of his best shows. He managed to push down the euro with minimal action and no commitment at all. Draghi showed his strength and quickly passed the ball to the others’ courts as if nothing had happened. Here is a … “Draghi elegantly joins the currency wars – what he did”
ECB Preivew: Draghi to join currency wars? 4 scenarios
The European Central Bank meets on September 3rd to decide on its policy and it has a lot to digest since its last meeting in mid July. Will we hear a more dovish tone from Draghi? Or will he wait for developments in China and the Fed? Here is the preview with everything that has changed … “ECB Preivew: Draghi to join currency wars? 4 scenarios”
GBP/USD: Trading the British Services PMI Sep. 2015
British Services PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the services sector. Respondents are surveyed for their view of the economy and business conditions in the UK. A reading which is higher than the market forecast is bullish for the pound. Update: UK services PMI only 55.6 – GBP/USD falls Here are all the details, … “GBP/USD: Trading the British Services PMI Sep. 2015”
Will the Fed make good on their plans for a
With Fed rate hike back in focus, Senior market commentator, David Buik, joined Zak Mir in the Tip TV studio to discuss the current prospects of an Autumn interest rate hike from the Federal Reserve, and what direction China look to be heading in now. China clueless? Following failed attempts to prop up their equity … “Will the Fed make good on their plans for a”
AUD/USD: Trading the Australian GDP Aug 2015
Australian GDP is the primary gauge of the production and growth of the economy. It is considered by analysts as one the most important indicators of economic activity, and a reading which is higher than expected is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Wednesday at … “AUD/USD: Trading the Australian GDP Aug 2015”
USD/CAD Bearish Rejection Candle Forming off Resistance – Looking
The USDCAD daily chart has started off this week with some pretty decisive price action. We’ve watched the CAD bears drive the USDCAD up the chart for a few months now, but all good things eventually come to an end – this uptrend can’t last forever. Is it time this market corrected? Price has stalled … “USD/CAD Bearish Rejection Candle Forming off Resistance – Looking”
This is what’s going on with EUR and China – MM #65
It is unusual to see such strong action in August and lots more is coming. We look at the major phenomenons: the situation in China and the euro’s erratic behavior before previewing the big events ahead. You are welcome to listen, subscribe and provide feedback. Chinese economic conditions: China giveth and China taketh away. The turmoil originated from the … “This is what’s going on with EUR and China – MM #65”
Is the Federal Reserve being bullied by the Markets?
With Black Monday’s upset in the markets being the focus point of financial news this week, Market reporter – Michael Hunter – joined Nick Batsford and Zak Mir in the Tip TV studio to discuss the implications this has had on an interest rate hike in the US. Nobody wants to be the Grinch who … “Is the Federal Reserve being bullied by the Markets?”