ABSOLUTE TRADER Log in Demo Log in Real Login MT5 Web Trader

Home
>
Fundamental Analysis
>
Trading day in one post 03.04.2017

Trading day in one post 03.04.2017

03.04.2017 / 08:01

Rating:

Asian trading markets opened higher in the first day of the new week as investors focused on the data from Australia and Japan.

Nikkei traded higher with 0.21%, ASX tumbled with 0.28% and Shanghai composite gained 0.39% while Kospi grew with 0.26%.

Oil traded with 0.14% decline and Nat Gas rose with 1.19%.

Economic calendar for European and American trade sessions

09:30 Australia - Commodity Prices

09:30 Europe - ECB's Coeure Speaks

10:15 Switzerland - Retail Sales

10:50 France - French Manufacturing PMI

10:55 Germany - German Manufacturing PMI

11:00 Europe - Manufacturing PMI

11:30 United Kingdom - Manufacturing PMI

12:00 Europe - Unemployment Rate

16:45 United States - Manufacturing PMI

17:00 United States - ISM Manufacturing PMI

17:30 United States - FOMC Member Dudley Speaks

22:00 United States - FOMC Member Harker Speaks

USD: The U.S. dollar remains strong. This week we expect data from NFP which are key for the future of the interest rates. Today we will focus on announcements from the FOMC members Dudley and Harker.

JPY: The JPY tries to show strength, as it was traded a bit higher during the Asian trading session. The upcoming presidential elections in France could have positive influence on the risk-free currency due to the rising political tension.

GBP: The British Pound seems to have found support after the triggering of Article 50, which started the official countdown for Brexit negotiations. Investors will keep an eye for the Manufacturing PMI, as higher than expected reading should be taken as positive for the sterling.

Oil: Oil traded with slight decline after the opening of the first trading day of the week. The black gold's correction gives us better entry prices for a long position. The commodity's fundamental remains positive as OPEC decided to extend the supply cut agreement.

Varchev Traders

Read more:

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

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.

Trading day in one post 03.04.2017

London

Universal numbers