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Showing posts from March, 2019

Eurozone Manufacturing Shrinks the Most since Mid-2013

The IHS Markit Eurozone Manufacturing PMI fell to 47.6 in March from 49.3 February and below market consensus of 49.5. Output shrank the most in six years, export orders fell the most since August 2012 and employment rose the least for over four years. Across countries, German manufacturing fell at the sharpest rate in six years and French factory activity fell back into contraction territory.

Economic data coming up in the European session

03:15PM - France March flash manufacturing, services, composite PMI 03:30PM - Germany March flash manufacturing, services, composite PMI 04:00PM - Eurozone March flash manufacturing, services, composite PMI With the ECB reiterating that they will stand pat for the rest of the year, it's hard to imagine 1H 2019 data as being anything that will significantly change rate hike expectations/pricing. Given that backdrop, positive data here bodes well for the region in the big picture but it needs to stay that way in the coming months for the euro to sustain any solid rallies. 04:00PM - Eurozone January current account balance A general gauge of flows in/out of the Eurozone economy. Not a major release by any means.

Japan February Inflation Rate Weaker than Estimated

Japan's consumer price inflation stood at 0.2% yoy in February 2019, unchanged from the prior month's 15-month low figure, below market consensus of 0.3%. Both prices of food and transport fell for the third month in a row, while cost of housing was flat after falling for 34 straight months. Meanwhile, annual core inflation rate inched lower to 0.7% from 0.8% in January, well below the Bank of Japan's target of 2%.

Dollar holds gains, sterling up on Brexit deadline extension

TOKYO (Reuters) - The dollar largely held onto the previous session’s gains in early Asian trade on Friday, while sterling edged up on news that Britain could leave the European Union without a Brexit deal at a slightly later date.

ចក្រភពអង់គ្លេសនិយាយថាសហភាពអឺរ៉ុបអាចរៀបចំកិច្ចប្រជុំកំពូលបន្ទាន់ដើម្បីផ្តល់ជូននូវលក្ខខណ្ឌការពន្យារពេលរបស់ Brexit

រដ្ឋមន្ត្រីការបរទេសអង់គ្លេសលោក Jeremy Hunt បាននិយាយកាលពីថ្ងៃព្រហស្បតិ៍ថាសហភាពអឺរ៉ុបនឹងធ្វើកិច្ចប្រជុំកំពូលបន្ទាន់មួយនៅសប្តាហ៍ក្រោយដើម្បីផ្តល់ការពន្យារពេលរបស់ Brexit ជាមួយនឹងលក្ខខណ្ឌដ៏ច្បាស់លាស់ដូចជាការធ្វើប្រជាមតិផ្សេងទៀត។

Switzerland Keeps Rates Steady, Lowers Inflation Forecasts

The Swiss National Bank left its benchmark interest rate unchanged at -0.75 percent on March 21st 2019, in line with market expectations, saying the Swiss franc is still highly valued, and the situation on the foreign exchange market continues to be fragile. Policymakers also lowered inflation forecasts for 2019 to 0.3 percent from 0.5 percent and for 2020 to 0.6 percent from 1 percent.

ធនាគារកណ្តាលអាមេរិក(FED)រក្សាអត្រាការប្រាក់ដដែរនៅឆ្នាំ 2019

អ្នកបង្កើតគោលនយោបាយរបស់ធនាគារកណ្តាល(FED)រំពឹងថាអត្រាការប្រាក់នឹងនៅកម្រិតបច្ចុប្បន្ននៅឆ្នាំនេះបើប្រៀបធៀបទៅនឹងការព្យាករកាលពីខែធ្នូដែលមានចំនួនពីរដង។ FOMC ក៏បានសន្យាថានឹងចាប់ផ្តើមយឺតៗក្នុងការបង្រួមនៃតារាងតុល្យការរបស់ខ្លួននៅក្នុងខែឧសភាហើយបញ្ឈប់ការដកចេញនៅចុងខែកញ្ញា។ ការព្យាករណ៍កំណើនសេដ្ឋកិច្ចត្រូវបានថយចុះផងដែរសម្រាប់ឆ្នាំនេះរយរហូតដល់ 2,1 ភាគរយ។

Asian shares rise on Fed dovishness; growth concerns linger

SHANGHAI (Reuters) - Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any interest rate hikes this year, but concerns over U.S.-China trade talks and slowing global growth continued to weigh on investor confidence. European equity markets were expected to follow Asia’s lead. Spreadbetters see London’s FTSE rising 0.2 percent at the open, while Paris’ CAC is seen up 0.4 percent, and Frankfurt’s DAX up 0.1 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.5 percent. Chinese blue-chips, which spent the morning swinging between small losses and gains, were up 0.4 percent in afternoon trade, while Seoul’s Kospi also added 0.4 percent as regulators announced plans to cut the stock transaction tax this year. Australian shares ended flat after see-sawing throughout the day. A drop in the jobless rate tempered market expectations of a rate cut. Markets in Japan were closed for a public holiday. Gains in the broad Asian...

How to Dodge A Forex Market Ambush

Have you ever entered a trade wherein you thought that you have prepared for every scenario only to be blindsided by an unforeseen event? If you have, then you, my friend, have been ambushed by the markets! panicDon’t worry, even the most experienced and seasoned traders occasionally freeze when faced with unforeseen events. In fact, getting “ambushed” by the markets is almost an everyday occurrence. What separates a winner from a loser, though, is how a trader reacts to those unforeseen events. Studying past price action and chart patterns can only go so far in preparing you for surprises. When faced with an event that you haven’t encountered before or didn’t expect, it’s important that you think quick on your feet and make calculated decisions especially when real money is on the line. You certainly won’t train your mind to react to fear and shock if you just look at the charts. It’s like saying that you can cook a dish just because you read the recipe! To get used...