www.varchev.com

Precaution on stock market today,waiting for unemployment applications and financial session in US

vat

Rating:

12345
Loading...

Precaution will likely prevail today in anticipation of data on the number of applications for unemployment benefits, where traders and investors will determine the direction of the market. The data will show whether previous unemployment rate data were only temporarily bad or there is a negative trend. Good data can mean bad news for stocks and bad data is good news. The market will interpret them that good data will warrant the Fed to raise rates and continue improving.

Another factor that influences the market today started last night season of financial companies in the United States with a report of Alcoa. Data by Alcoa show better profit but less revenue. But Alcoa as analysts say is another animal, after the restructuring of the company, the results are improved and the view is that it reflects the average expected in the sector, so forget Alcoa and the market will focus on other companies , banks, but next week.

Expectations for the season to reports in the US for lower revenues and profits because of the strong dollar and lower commodity prices. Expectations are low, what better for the market, it is possible that expectations be disappointed with better data, but why take time. therefore caution will rule today on the stock market.


 Varchev Traders

THE ANALYSIS WAS MADE ON OUR PLATFORM VARCHEV ABSOLUTE TRADER

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy