ZAR Uncertainty Should Stay
The impressive depreciation of the South African rand observed in the past three months following the July monetary policy meeting amid Moody’s credit downgrade risk due to a growing fiscal deficit risk and trade war fears that triggered a consequent...
MARKET WRAP: European Stocks Closed Mostly Lower; Bitcoin Experienced Massive sell-off
*Dow Jones moved higher mainly due to Boeing’s, the company still has hopes for 737Max *Brexit ball is in the EU court, extension most likely *Gold likely to move above $1,500 Stocks The S&P 500 continued to flirt with the...
Market Brief: Texas Drags, Boeing Surprisingly Lifts, Brexit Drags On
Stock market snapshot as of [23/10/2019 2:03 PM] The Brexit process finally looks like it’s moving again, though new frustrations have almost certainly scotched Boris Johnson’s wish to hit the 31st October deadline and the pound’s rally is beginning to...
Asia Morning: Defeated Yet Again
Familiar scenes (of defeat) for Brexit Two significant votes were undertaken in UK Parliament early this morning and needed simple majorities to pass. The first of those was regarding the Withdrawal Agreement Bill, effectively a vote in support of PM...
Time is Another Johnson Enemy
The lack of it could stymie his bill and halt sterling’s advance The concept of time is threatening Boris Johnson’s Brexit deal for a second time as MPs prepare for a Second Reading vote on whether they agree with its...
Sterling Extends Its Gains In The Asian Session
For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.2964. In the Asian session, at GMT0300, the pair is trading at 1.2987, with the GBP trading 0.18% higher against the USD from...
October Flashlight for the FOMC Blackout Period
Executive Summary After a decade without a rate cut, the Federal Reserve Open Market Committee (FOMC) has now cut the fed funds rate in back-to-back meetings. Will the October 29 & 30 meeting make it threein- a-row? Last week alone,...
JPY Set For A Rise Amid Risk Events
Brexit Benn Act extension trigger, the follow-up on earnings season and caution over US President Donald Trump expectations of a mid-November phase one trade deal should maintain JPY in upheaval despite disappointing trade data and Typhoon Hagibis damages in October....
Weekly Economic and Financial Commentary: Cracks in the Foundation?
U.S. Review Cracks in the Foundation? Personal consumption is still on track for a solid Q3, but retail sales declined in September for the first time in seven months. Manufacturing data were certainly influenced by the GM strike, but output...
The Weekly Bottom Line: Economic Data Overshadowed by Elections
U.S. Highlights The economic data was subdued this week. Retail sales fell 0.3% in September, ending their six month growth streak. Industrial production also fell. Multifamily starts took a step back, but single-family starts fared better. The Fed’s Beige Book...
Signal2forex.com - Best Forex robots and signals




