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- Trading day in one post 18.01.2017
Trading day in one post 18.01.2017
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Loading...The Asian Markets opened down but later on during the session some managed to trade in a positive territory. The Nikkei is slightly higher with 0.62%. Australian ASX is lower by -0.36%, caused by the financial sub sector. Shanghai composite trading higher with 0.37%.
After the speech from Prime Minister of the UK - Theresa May, the pound jumped, but this is only a correction for now. The USD/JPY is trading around 113.200, which is higher than yesterday. The USD did find some support againts its opponents. The DXY index is around the level of 100.590.
Economic Calendar for the European and American indices.
09:00 - Germany - CPI
09:00 - Germany - HCPI
11:30 - UK - Average Earnings
11:30 - UK - Claimant Count Change
11:30 - UK - Unemployment Rate
12:00 - Euro Zone - CPI
13:00 - USA - OPEC Monthly Report
14:00 - USA - MBA - 30- Year Mortgage Rate
14:00 - USA - Mortgage Market Index and Refinance Index
15:30 - USA - CPI
15:30 - USA - Real Earnings
15:55 - USA - Redbook
16:00 - USA - FOMC Member Kaplan speaks
16:15 - USA - Industrial Production
17:00 - USA - NAHB Housing Market Index
17:00 - CAD - BoC Monetary Policy report
17:00 - CAD - BoC Interest rate desicion
18:00 - USA - FOMC Member Kashkari Speaks
18:15 - CAD - BoC Gov Poloz Speaks
21:00 - USA - Beige book
22:00 - USA - Fed Chair Janet Yellen Speaks
23:30 - NZD - Business NZ PMI
23:45 - NZD - Building Consents
USD - The USD found support, but still looks unclear as to the direction that wants to take. The fundamental analysis supports it. The current levels are good for long positions but remain risky until we see a clear signal for long.
GBP - The speech from Theresa May gave the GBP positive push. The fundamental picture is the same as nothing has been changed and the uncertainly continuous. From Carney we learned that BoE are ready to act when necessary.
JPY - BoJ have not change their policy and continue to work for weaker JPY. We remain cautions against the currency and we will be looking to go long on the crosses and short against it but only after a clear signals
EUR - The Euro remains supported at the moment. Today we expect important news from Germany and the Euro zone. We will be looking for short positions until proven wrong that the direction is long.
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