Monday 7th January: Weekly technical outlook and review.
Friday’s non-farm payrolls widely exceeded expectations, adding 312k jobs in December compared to the 179k consensus. Average hourly earnings rose 0.4% last month, beating expectations of 0.3%, while the US unemployment rate ticked higher to 3.9% from 3.7%.
Friday 4th January: US non-farm payrolls next on tap – remain vigilant.
In recent sessions, the British pound recouped all of its lost ground from the so-called ‘flash crash’ observed in early Asian hours Thursday that struck lows of 1.2373.
Thursday 3rd January: US ADP non-farm employment numbers eyed today.
Apple’s recent announcement concerning a dismal quarter – and with some shock results in China partly to blame – rattled the Australian dollar in Asia trade today.
Holiday Trading Schedule Dec 2018– Jan 2019
Dear Traders, Please find our updated trading schedule for the Christmas, […]
Wednesday 19th December: FOMC takes center stage today – expected to lift rates by 25bps to 2.25-2.50%.
The Fed is expected to lift rates by 25bps to 2.25-2.50%, with risks the hiking trajectory could be narrowed. The tone of the statement and Chair Powell’s press conference is expected to tilt dovish, reflecting a data-dependent FOMC.
Tuesday 18th December: US housing data eyed.
A fading US dollar on the back of significantly weaker-than-expected Empire State manufacturing and NAHB indices, as well as US President Trump renewing his criticism on the Federal Reserve.
Monday 17th December: Weekly technical outlook and review.
US equities sustained additional loss over the course of last week, despite an earnest attempt to reclaim control of the 2018 yearly opening level at 24660.
Friday 14th December: Slew of European manufacturing data eyed in early London today – remain vigilant!
The ECB stood pat on rates and confirmed the conclusion of QE whilst maintaining their guidance on rates
Thursday 13th December: ECB monetary policy decision eyed ahead of US open.
UK PM May survived a no confidence motion against her leadership Wednesday, winning the vote by 200 - 117. The vote represented a comfortable victory.
