- Home
- >
- Daily Accents
- >
- Varchev Finance: Trading day in one post – 18.09.2018
Varchev Finance: Trading day in one post - 18.09.2018
Rating:
Loading...Asian Stock Market - The Asian stock exchange session was extremely volatile given Tramp's two main speeches, which introduced a new 10% to $ 200bn. and by China, which has taken a neutral position. The traders began to accumulate the news from China as a strong positive for the stocks and a very negative one for the JPY. I expect the sell-offs of JPY to be maintained during the European stock market.
FX Market - Positivism after China's decision not to reverse counter-tariffs against the US led to strong purchases of AUD and NZD, while at the same time JPY remains the most attractive for sellers. With the start of the European interbank market at 09:00, it's a good idea to look for JPY short positions. Later today, at 11:15, we are also expecting Mario Draghi's speech, where investors will be watching closely for a change of tone on the part of the ECB. Given the willingness of the United States and China to negotiate, Draghi may be optimistic about the global geopolitical scene and support the EUR. After the statement, when it is clear what the moods are at the ECB, it is good to look for a cross-country euro entry.
European stock market - European markets will start the stock market with slight declines, which as time goes on, I expect to be filled. The European stock will be traded cautiously until Mario Draghi's speech comes through. A good deal during the European session should be aimed at a share portfolio hedge rather than profiting. I expect a consolidation European session.
Economic Calendar for the European and US Trading Session - 18.09.2018
11:15 Eurozone - Speech by Mario Draghi, Governor of the ECB
15:30 Canada - Manufacturing Sales
23:30 US - API Crude oil inventories
Photo: Pixabay.com
Trader Petar Milanov Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
