Jump to content

Recommended Posts

After a strong rally yesterday Indices fell at 11pm on news no headway was made in the Trade war talks so Gold up Oil down but have all since reversed back up this morning. If any proof was needed the trade war rules these markets.

Japan machinery orders (a leading global indicator) still negative but improving. 

UK indy data at 9:30. ECB accounts at 12:30. US CPI at 1:30pm.

image.thumb.png.3c6ae03540c2d5f718e2de129034e334.png

image.thumb.png.5b4e3bfa20b58f70b4f917c3653b9816.png

image.thumb.png.318763984d331db67b54be82582064a3.png

Edited by Caseynotes
Link to comment

Back to risk on as the trade talks circus rumbles on, yesterday saw Indices and Oil up, USD  Gold and Bonds down.

Talk that Boris is on the verge of some kind of partial free trade deal with the EU.

Draghi speaks at 10:30, Cad unemployment data at 1:30 and US consumer sentiment at 3pm.

image.thumb.png.fb92fb210d97e303ee5b3672e1ccd8d1.png

image.thumb.png.ea124bc349ad36c55b5ae0fde7432284.png

Link to comment

Indices up yesterday, Oil pulling back overnight after a strong day help by low US inventory figures. Gold and Bonds up overnight, Crypto down after breaking key support yesterday.

Busy day with Ger and EU Flash PMIs, EU rate decision and Presser. US Durable Goods and Flash PMIs this afternoon.

Earnings today Amazon, 3M, Visa and Intel to name but a few.

image.thumb.png.263c475e08f104c40265575b8f3cb45b.png

image.thumb.png.c9100d4e1016d8583fee48e1d8353e27.png

Link to comment

No election, no brexit until next scheduled election. GBP negative as market does not like this impasse and until EU grants extensions they will never reach any deal.

debate and motion from 15.30 today. Eyes on the prize with vote at 17.00 latest, or any time between these two times...

  • Like 1
Link to comment

Overnight China PMI beat, Indices up, Bonds and Gold down, USD down Crypto down.

UK manu PMI at 9:30.

NFP today 1:30pm, consensus around 89k, down from the previous 136k but the ADP nfp on Wednesday came in at 125k. AHE and Rate also affect price and rate today is expected to go up to 3.6%, lots of room for the predictions to be upset.

Also lots of Fed speak this afternoon.

image.thumb.png.9e434efc38f09a6dd54c12c2d1af5c06.png

image.thumb.png.22b6c196f508a773c70e23f77756c046.png

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Posts

    • Sainsburys full year earnings and Unilever’s first quarter trading update both say the same thing, UK consumers are in for higher prices. The war in Ukraine, supply chain issues and the effects of ongoing Covid all to blame.      
    • US Dollar (DXY) Daily Price and Analysis US Q1 GDP may stall the greenback’s advance. A 20-year high nears for the US dollar. The multi-month US dollar rally continues with the greenback printing a fresh high today ahead of the first look at US Q1 GDP at 12.30 GMT. The US dollar basket (DXY) has been boosted by renewed weakness in the Euro and the Japanese Yen, as investors move from lower-yielding to higher-yielding currencies, while safe-haven flows continue to benefit the greenback. The US growth release later in the session is expected to show a sharp slowdown from the robust Q4 figure of 6.9%. The markets are currently pricing in growth of just 1% for the first three months of this year, with the slowdown mainly due to a reduction in inventory accrual over the quarter. This release is unlikely to move the greenback, unless there is a large miss or beat, as the Fed believe that 2022 US growth will be robust enough to let them tighten monetary policy sharply without damaging the economy. The latest US Core PCE data – the Fed’s preferred inflation reading – is released on Friday and this may have more effect on the US dollar than today’s GDP data. For all market moving economic data and events, see the DailyFX Calendar. The ongoing US dollar rally has been aided by weakness across a range of G7 currencies including the Euro, the Japanese Yen, and the British Pound. The Euro continues to battle with lowly growth expectations, exacerbated by energy concerns, the British Pound is mired by weak economic data, while the Japanese Yen is in freefall as the BoJ continues with its ultra-loose monetary policy.   The US dollar continues to press higher and looks set to break above 103.96, the March 2020 high. Above here the US dollar would be back at levels last seen nearly two decades ago. The March resistance will likely hold in the short-term, especially with month-end portfolio rebalancing at the end of the week, but US dollar strength is set to continue in the months ahead. USDOLLAR (DXY) WEEKLY PRICE CHART – APRIL 28, 2022 {{THE_FUNDAMENTALS_OF_BREAKOUT_TRADING}} What is your view on the US Dollar – bullish or bearish?   Apr 28, 2022 | DailyFX Nick Cawley, Strategist
    • While Tesla has nothing directly to do with Elon Musk buying Twitter - TSLA stock closed down 12% on news that Musk may have to sell stock and use other holdings to stand against the loan to finalise the purchase of the social media giant.        
×
×
  • Create New...