This is a long awaited week for the oil traders as the Monthly Oil Report from IEA will be released on Friday. The report will give us the first information about how compliant were the OPEC members in January with the production cut agreement. As this will be released as the first monthly oil report it could be more important than the Monthly
Just a brief update among all the Trump related Russian mess… Fed hike – currently June hike priced at 78% and next one at 43%. Meaning, the market is pricing 2 more hikes this yr at 43% probability. Fed likely to pause after June. Should you have any questions feel free to contact me anytime.
US NFPs – official expectations: Headline 180k exp vs 235k prior Unemployment rate 4.7% exp vs 4.7% prior Average earnings +0.2% exp vs +0.2% prior Few comments apart from official numbers above: A bit mixed views as employment was strong in ISM Manufacturing While dropped substantially in ISM Non-manufacturing ADP strong at 263k Jobless claims steady Our
Well, as mentioned in our Market Update yesterday link, something must be baking no doubt… There many traders asking the question how to trade the move but unfortunately, there is a huge two-way risk related to unpegging of EURCZK. As it is getting very crowded and nothing has been going on (spot wise) except for Czech National Bank regularly
Trump to annonce the budget at 1100 GMT today (Thu) Good luck Champs! Mr Hawk DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that
…rumors based on leaked info: Trump to announce a tax reform at 1300 GMT today Good luck Champs! Mr Hawk DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and
…a long awaited “D” day is here again: EURUSD – crucial for bulls to stay above 1.0505/15 level Still within the wider range 1.0500/1.0850 Tomorrow’s trading (after FOMC) to show further direction But wouldn’t be surprised if we stayed range bound again Base setup – a contrarian view: ECB can not be dovish going to G20 and on
It’s important to know when big news can hit the market. One set of represents the regular Monetary Commitee Meeting of different central banks. Below you can find a quick overview of some important Central bank meetings for 2017. Please feel free to use it for your trading preperation. Good Luck and remember to watch your risk and be consistentMr. Tech