World Stock Indexes Trading - page 13
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
After the sharp decline at the end of last week, the European currency negotiate now up 1.13 against the dollar and is not to exclude a new test to the area of 1.14 in the coming days.
The appreciation of the European common currency was one of the under-performance factors of European equities against the US, as well as the poor performance of more cyclical sectors. To this contrast of factors added the fact that the main European indices are facing significant resistance zones (DAX 10400; CAC 4600/4633), with various technical indicators at extreme levels. The current situation of European indices deserves to be followed with caution.
The Earnings Season continues to be marked by the ease with which companies are overcoming, in terms of profits, analysts’ estimates. More important and more worrying is the fact that the companies that exceeded analysts’ estimates provide very cautious outlook for the future.
It was a pretty profitable Week!
The forum is a great help.
Which you all a nice weekend.
The Federal Reserve shall announce its latest monetary policy decision on Wednesday, in a week where Central banks shall have a dominant role.
As China toggles between structural reforms and Keynesian stimulus, there will be moments of calm between the storms. It seems we are in between storms.
The June meeting is being held on 14 and 15, a week before the referendum on the United Kingdom staying in the European Union. Although the outcome of this referendum is uncertain, there is a consensus in the case of the British opt for leaving the EU the effects, at least in the short term, the financial markets would result in an exceptional rise in volatility and uncertainty.
Asian indices closed with sharp falls, especially the Nikkei, because the Bank of Japan (BoJ) have not changed the general lines of monetary policy. In the market there was some expectation that the BoJ would reduce the reference rate (currently at -0.10%) or increase its quantitative easing program (currently in M.USD 720,000 / year). However, the BoJ did not alter the main lines of its policy. BoJ reduced the its projections for GDP and inflation.
An excellent trading day! The fall was inevitable.
Which you all a nice weekend.
An excellent trading day! The fall was inevitable. Which you all a nice weekend.
Yes i saw the Fall in the EURJPY and i have to yet to come to realize it