Announcement

Collapse
No announcement yet.

Forex News and market analysis FBS

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #76
    Daily news: Crude oil prices keep rising

    Check the candlesticks: http://bit.ly/2Iasi6A

    24.09.2018

    The main focus for EUR/USD today will be on the ECB president Mario Draghi speech at 16:00 MT time. Moreover, Ifo business climate index for Germany will be released today. Most experts expect it to drop to 103.2 in September due to the decrease of PMI. The pair was trading in the red zone on Friday. If bears continue to attack, the support is at 1.1644. However, any positive news from the events mentioned above can change the situation to growth. In that case, watch the resistance at 1.1830.


    The latest US and Chinese tariffs on each other came into effect today at 07:01 MT time. AUD/USD and NZD/USD opened with a gap down, but kept being bullish. The next resistance for the aussie is at 0.7346. Otherwise, watch the support at 0.7184.



    As for NZD/USD, the resistance to follow is at 0.6720. If bears strike back, the support is at 0.6576.

    Countries rejected the claim of the US president Trump to reduce oil prices during the OPEC meeting on September 23. The rise of the prices for crude oil can be explained by the limited output after the US sanctions to Iran. Right now Brent is trading near its psychological level of $80.


    Comment


    • #77

      Comment


      • #78
        Daily news: Fed's rate hike and Italian budget deficit

        Check the candlesticks: http://bit.ly/2OUxUVk

        Comment


        • #79
          #WeeklyCryptoNews

          More at: http://bit.ly/2OiTLIH

          Comment


          • #80

            Comment


            • #81
              Daily news: Italian government to reduce the budget deficit

              Check the candles at: http://bit.ly/2DUkYNW

              Comment


              • #82
                Traders await NFP

                More at: http://bit.ly/2RpH91e

                Comment


                • #83
                  #WeeklyCryptoNews

                  Check more: http://bit.ly/2RqwDXA

                  Comment


                  • #84
                    5 important things this week will bring us!

                    More at: http://bit.ly/2QAKTfg

                    Comment


                    • #85

                      Comment


                      • #86
                        http://bit.ly/2ILRQXX

                        Comment


                        • #87
                          American producer prices bounce off

                          More at: http://bit.ly/2pMvugr

                          10.10.2018

                          In September, American producer prices surged by approximately 0.2%, fitting hopes. Meanwhile, an update of wholesale inventory forecasts for August disclosed the greatest rally for five years, surpassing estimates.

                          A leap in services prices compensated a mild sag in prices for products, including a 3.5% dive in gasoline prices. As for final demand prices, they slumped by 0.1% in August. The producer price index rallied by 2.6% for the 12 months through September, which is a bit less than anticipated.

                          Gains on Treasury bonds headed north to session maximums, while the evergreen buck lost. As for American equities, they generally declined.

                          The previous month the key US bank had rates lifted for the third time in 2018. Moreover, the major bank intends to proceed with rate lifts in December.

                          Financial analysts interviewed by Reuters had predicted that the PPI jumped by 0.2% last month and rallied by 2.8% year-on-year.

                          The ascend in wholesale inventories turned out to be a bit higher than the expected 0.8% anticipated by market experts. Besides this, the component of inventories feeding into estimates of GDP surge rallied by 0.7%.

                          In September, the cost of services soared by 0.3%, reversing two losing months, and powered by a 1.8% ascend in transportation as well as warehousing services. Over 1/3 of the rally in services could be explained by a 5.5% soar in the index for airline passenger services.

                          The given index gauges changes in margins obtained by retailers and wholesalers. As a matter of fact, in August, services had headed south by 0.1%.

                          The moderate slump in products prices happened to be the first since May last year, led by a 0.8% sink in energy prices as well as a 0.6% dive in food. Without food and energy, products prices headed north by up to 0.2%.

                          Comment


                          • #88
                            #WeeklyCryptoNews

                            Check the graphs: http://bit.ly/2CFZ2ov

                            Comment


                            • #89
                              5 important things this week will bring us!

                              More at: http://bit.ly/2RQlNKL

                              Comment


                              • #90

                                Comment

                                Working...
                                X