 We start next week with a national bank holidaty in both Canada and the US. Overall, next week is light on US releases. We do have some important central bank decisions, from Australia, Canada and the UK – with Canada the bank expected to raise rates, as well as employment figures from Australia and Canada, so those two currencies have the most event risk coming up. Also on tap will be trade balance data from the US, Canada and China which should give a picture of global growth and activity. But first on Monday trading. |
This week we saw some strong global manufacturing data which helped support risk appetite to start September. A positive report on growth from Australia also helped. To end the week, we have the non-farm payroll report. In our live coverage we will go over its results and reaction to the news and what that could mean for our main currency pairs from both a fundamental and technical perspective. |
 The Chartist Corner provides a strategy session to learn about the tools used in technical analysis and strategy planning. These technical tools include Moving averages, RSI, Fibonacci, Elliott Wave Principles, candlestick and market patterns, etc… |
Preview: This week started with some strong movement into safe-haven assets like the Yen, and we saw several pairs break out of their recent trading ranges and patterns. We’ll examine what has markets on edge, and how we the rest of the week went. |
The Chartist Corner provides a strategy session to learn about the tools used in technical analysis and strategy planning. These technical tools include Moving averages, RSI, Fibonacci, Elliott Wave Principles, candlestick and market patterns, etc. |
Preview: We start the week with preliminary data on Euro-zone manufacturing and services activity, and have a good sampling of US releases including new and existing home sales, durable goods orders, and revised 2nd GDP figures. We will discuss these and other important indicators as we preview the week ahead. |
This week has seen a good amount of consolidation as traders and investors ponder what recent data means for global growth and how central banks, especially in the US and Japan will respond. We will go over the key releases and stories from this week as well as take a look at the technical analysis picture of our major currency pairs. |
The Chartist Corner provides a strategy session to learn about the tools used in technical analysis and strategy planning. These technical tools include Moving averages, RSI, Fibonacci, Elliott Wave Principles … |
We preview the week ahead following the sharp increase in risk aversion we saw last week. There are some important releases to look out for including GDP data from Japan, UK inflation and retail sales data, German ZEW economic sentiment, and data from the US on manufacturing, housing and capital flows. |
Preview: This week saw some turbulent action in currency markets as equities slid mid-week amid weaker than expected data from China which cast a shadow over global growth. This week featured a lot of important fundamental releases including the FOMC meeting, the BOE Inflation report, Euro-zone GDP, and US retail sales. |