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  1. Hotforex.com - Market Analysis and News.

    Date : 24th January 2017. MACRO EVENTS & NEWS OF 24th January 2017. FX News Today European Fixed Income Outlook: Asian stock markets mixed, with Japan under-performing and the Nikkei down -0.76%, while Chinese stocks moved sys and the ASX 200 rose 0.29%. A stronger yen and profit taking after the Japanese shares reached their highest level since 1991 on Tuesday weighed on Nikkei and Topix U.S. stock futures are narrowly mixed after a strong session yesterday that was bolstered by the earnings season. The UK100 future is in the red. 10-year JGB yields are up 1.3 bp, 10-year Treasury yields up 0.6 bp, amid concerns about a widening trade deficit in the U.S. Oil prices held near the highest since December 2014. A more cautious mood then in markets as the focus in Europe shifts to the ECB meeting tomorrow. Today’s calendar includes preliminary Eurozone PMI readings as well as U.K. labour market data. FX Update: The dollar has come under fresh pressure. The narrow trade-weighted USD index (DXY) traded at fresh three-year lows, logging a nadir at 89.83 and bringing cumulative loss on the year so far to 13%. EURUSD logged a 37-month high of 1.2335, while USDJPY traded below 110.00 for the first time since last September, posting a low at 109.80. Cable forayed further into post-Brexit vote high territory, seeing a peak at 1.4049. NZDUSD posted a new trend high, while AUDUSD came within a whisker of doing so. In the U.S, Jerome Powell was confirmed by a Senate vote as the new Fed chairman, from February 3, and, being a policy moderate by reputation, is expected to maintain Yellen’s gradualist approach to tightening. Japanese data today included a strong export figure in December trade data and a four-year high in the preliminary manufacturing PMI survey, of 54.4 — adding to the global growth narrative, although the stock market rally has sputtered somewhat in Asia. We advise trend following with regard to the dollar. Main Macro Events Today German Markit PMI – is seen falling back slightly to 63.0 from 63.3 and the services reading to 55.6 from 55.8, leaving the composite at a still very high 58.6, and just slightly lower than the 58.9 in December. EU Manufacturing PMI – is seen falling back slightly to 60.3 from 60.6 and the services reading to 56.4 from 56.6, leaving the composite at a still very high 57.9, and just slightly lower than the 58.1 in December. UK Earnings and Unemployment Data – an unchanged unemployment rate of 4.3% in the official ILO November reading is expected, with average household incomes expected to rise 2.5% y/y in the three months to November. US Existing Home Sales- December existing home sales seen slipping back 3.6% to 5.72 mln from November highs of 5.81 mln US Crude Oil Inventories Charts of the Day Support and Resistance Levels Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  2. Hotforex.com - Market Analysis and News.

    Date : 23rd January 2017. MACRO EVENTS & NEWS OF 23rd January 2017. FX News Today European Fixed Income Outlook: Bund yields quickly started to head south in early trade, amid a wider correction in 10-year yields across the U.S. Japan, China, Australia. The 10 year Bund yield is now down -0.2 bp at 0.561%, despite gains in European and U.S. stock futures, after equities rallied in Asia, on news that the U.S. government shutdown is ended and amid optimism about corporate earnings. The BoJ left policy unchanged, but sounded cautiously optimistic on inflation. The MSCI Asia Pacific Index reached headed for fresh record highs, despite warnings of overheating as the IMF’s economic outlook confirmed that growth is already starting to slow down from high levels. Today’s local calendar has German ZEW investor confidence as well as U.K. public finance data and the U.K. CBI industrial trends survey. Preliminary eurozone consumer confidence will be published in the afternoon. FX Update: BoJ’s Kuroda sounded dovish at his post-meeting press conference. He said that the central bank will remain strongly committed to monetary easing, including QQE, until the 2% inflation target has been reached, which remains “far” from the case. He said that the BoJ remains committed to yield curve control and, downplaying the January-9 announcement of a trimming in long-dated JGB purchases, said that day-to-day operations are not an indication of future monetary policy. The yen declined by about 30 pips versus the dollar, and traded lower versus other currencies, in the wake of Kuroda’s remarks. Meanwhile, EURUSD bottomed at 1.2225 as news reports indicated there were enough Senate votes to pass spending legislation, ending the government shutdown.Senate has advanced a temporary spending bill in an 81-18 vote. This will refund the government thrugh February 8. The Senate still needs to vote on final passage of the CR, and then send it back to the House for its OK, which will be passed, according to leadership. Main Macro Events Today WEF Annual Meetings UK Public Sector Net Borrowing – should fall to £4.400B in December after November’s £8.118B. German ZEW Economic Sentiment – expected to stabilise at 18.0 after falling to 17.4 in December underpinned by confidence in the global economy. EU Consumer Confidence – preliminary Confidence expected to rise at 0.6 for January than 0.5 seen last month. Charts of the Day Support and Resistance Levels Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  3. Hotforex.com - Market Analysis and News.

    Date : 22nd January 2017. MACRO EVENTS & NEWS OF 22nd January 2017. FX News Today The immediate focus will be on the U.S. government which went on partial shutdown in the wee hours on Saturday as the Senate failed to pass a continuing resolution. Critical government services will remain open, though many will work without pay. And if the standoff lasts into Monday, thousands of workers will be furloughed. This situation is nothing new, with the last occurrence in 2013, and there’s no significant impact on the economy. Once past the shutdown hoopla, focus will return to a series of central bank meetings with the BoJ and ECB. United States: In the U.S. the first FOMC meeting of 2018 is on the horizon, January 30, 31, but no changes are expected. This will be the last meeting chaired by Ms. Yellen, while it will include the new voting rotation with Williams, Mester, Bostic, and Barkin. Meanwhile, we’re still waiting for the Senate to confirm Jay Powell as the new Fed chairman. Meanwhile, the economic calendar includes a number of releases, headlined by the Advance Q4 GDP report and durable orders at the end of the week, along with housing stats. The slate kicks off with an update on the Chicago Fed national activity index (Monday), followed by the Richmond Fed index (Tuesday). MBA mortgage applications are due (Wednesday), along with FHFA home prices, Markit PMIs and December existing home sales. Advanced goods trade deficit is forecast to narrow to -$69 bln in December (Thursday) from -$70 bln, while initial jobless claims are set to rebound 15k to 235k from 45-year lows of 220k for the January 20th week. New home sales are expected to ease 12.7% to a 640k pace in December from 733k highs (+17.5%) in November (Thursday) and leading indicators are on tap to rise 0.2% in December from 0.4% in November. The week rounds out with advance Q4 GDP (Friday) set to increase 2.8%, a tad slower than 3.2% in Q3. Canada: the calendar is highlighted by the December CPI, but we also receive the final reports that inform the November GDP estimate. Wholesale trade begins the week (Monday), with an 1.0% gain expected for November shipment values following the 1.5% rise in October. Retail sales (Thursday)are expected to grow 1.2% in value terms during November after the 1.5% increase in October. The CPI (Friday) is projected to slow to a 1.9% y/y pace in December from 2.1% in November. November average weekly earnings (Thursday) are expected to edge 0.1% higher (m/m, sa) after the 0.1% dip in October. The January CFIB Business Barometer Survey of small and medium business sentiment is scheduled for release on Thursday. Europe: The ECB meeting is the big event risk for this week. Speculation of a major shift in guidance has been running high since the release of the minutes and clearly the hawks at the council have been more vocal in the run up to the meeting. Still, Vice President Constancio stressed that while officials agreed that the guidance will have to change ahead of the end of the current QE program, he also stressed that this doesn’t have to happen immediately. And with officials fretting about the recent EUR strength, only small language changes and no firm commitment to the end of net asset purchases, is expected. Still, it is clear that the ECB is on the way to phase out net asset purchases in the last quarter of this year, either in gradual steps, as the doves will favor, or by just stopping purchases from October onwards. Data releases, meanwhile, focus on an almost full round of confidence numbers, with PMI readings and German ZEW and Ifo surveys ion tap. UK: The calendar this week brings monthly government borrowing data (Tuesday), the January CBI surveys on industrial trends and distributive sales (due Tuesday and Friday, respectively), the monthly labour market report (Wednesday), and the second estimate for Q4 GDP (Friday). Japan: The BoJ announces its decision (Tuesday), and no change in rates or the policy stance is expected, despite the minor tweak to bond purchases made on January 9 when the Bank trimmed its purchases of longer dated JGBs. The markets may have gotten ahead of the BoJ’s timeline in terms of discussing normalization. As for data, the November all-industry index (Tuesday) is penciled in rising 0.8% on the month after the 0.3% October gain. The December trade report (Wednesday)should reveal a widening of the surplus to JPY 600.0 bln from 112.2 bln previously. December national CPI (Friday) should show the overall index rising to a 1.0% y/y pace from 0.6% previously, with the core reading at 1.0% y/y, from 0.9%. Tokyo January CPI (Friday) is expected unchanged at 1.0% y/y overall, and steady at 0.8% y/y on a core basis. December services PPI (Friday) will likely be unchanged at 0.8% Australia: The calendar is empty of top tier economic data and Reserve Bank of Australia events. The Bank’s event schedule is empty until the policy meeting on February 6. The calendar is empty of top tier economic data and Reserve Bank of Australia events. The Bank’s event schedule is empty until the policy meeting on February 6. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  4. Hotforex.com - Market Analysis and News.

    Date : 19th January 2017. MACRO EVENTS & NEWS OF 19th January 2017. FX News Today European Fixed Income Outlook: Asian stock markets moved mostly higher led by industrial and tech stocks and the Treasury yields climbed as investors nervously eye the risk of a U.S. government shutdown, as the federal spending authority is set to expire today, which weighed on the dollar. The Yen advanced, but the Nikkei still managed a 0.19% gain and the CSI 300 is up 0.50%. FTSE 100 futures are fractionally higher, U.S. futures marginally in the red. Core EGB yields climbed with Treasury yields yesterday, but peripherals outperformed and Eurozone spreads narrowed amid signs that the ECB remains very cautious in its approach to changes in the guidance, even as hawks slowly gain the upper hand. Today’s calendar has U.K. retail sales and Eurozone current account and BoP data after PPI numbers at the start of the session. FX Update: The dollar has traded softer on U.S. political concerns, though has remained above recent trend lows versus the yen, euro and most other currencies. The narrow trade-weighted USD index (DXY) is down 0.2%, making a low at 90.33 and swinging the 37-month low of Wednesday at 90.14 back into scope. The House of Reps passed the stopgap funding bill yesterday, and the vote now goes to the Senate, which has delayed its vote until later today and where there remains significant opposition to the bill. Republicans have been making amendments to the bill in an attempt to entice Democrat votes, but Democrats signalled that they have enough Senate opposition to stop the bill, which does not give sufficient concessions to them on immigration, government spending and other issues. According to the Washington Post, 39 Democrat and at least two GOP Senate members are known to be in opposition, leaving the bill short of the 60 votes needed to advance. This will be the dominant focus for markets today for market participants. Should the vote fail, government agencies will start shutting down from tomorrow — a scenario that would likely spark heavy dollar selling. Main Macro Events Today US Partial Government Shutdown Swiss Product and Import Prices – should fall to a 0.4% in December after November’s 0.6%. US Retail Sales – December retail sales expected to show a decline of 0.8% m/m (median -0.6% m/m), which would correct some of the 1.1% m/m gain that was seen in November. Canadian Manufacturing Sales – manufacturing shipment values expected to rise 1.9% m/m after the 0.4% dip in October. Prelim UoM Consumer Sentiment – expected to rise to 97.0 after the index slid 0.8 points to 95.9 in December, supported by the bull run in equities and the passage of the tax bill. FOMC Member Quarles Speech Charts of the Day Support and Resistance Levels Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  5. Hotforex.com - Market Analysis and News.

    Date : 18th January 2017. MACRO EVENTS & NEWS OF 18th January 2017. FX News Today European Fixed Income Outlook: Asian stock markets traded mixed overnight, with Nikkei and ASX 200 closing in the red, while Chinese shares rallied ahead of key data releases including GDP numbers. FTSE 100 and U.S. stock futures are narrowly mixed, while 10-year JGB and Treasury yields slightly lower on the day, South Korea bonds rallied after the BoK held rates steady and warned of overheating in cryptocurrency markets. EGB yields moved marginally higher on Thursday, with Bunds outperforming after ECB officials tried to calm tightening concerns and keep a lid on the euro. Still, that the ECB is on the way to phase out net asset purchases this year is pretty clear, with the only question whether there will be an abrupt end in October, as the hawks are suggesting, or a gradual taper in Q4. Released overnight, U.K. RICS house price data came in stronger than expected. There are no other key data releases scheduled leaving the focus on the Bundesbank/IMF conference with speakers including Weidmann and Coeure, as well as French and Spanish bond auctions. FX Update: The dollar edged out fresh recovery highs versus the euro and other currencies. EURUSD logged a four-session low of 1.2165 before recouping to around 1.2200. The move reflected a dollar dynamic, with EURJPY and other euro crosses having held relatively steady today, even though the airing of concerns about the common currency’s ascent by some ECB officials, along with concerns on the German political front, helped catalysed the correction from 37-month highs in EURUSD. USDJPY lifted to a four-session high of 111.48 in Tokyo today, extending the recovery from Wednesday’s four-month low at 110.19. The recovery broke a run of seven consecutive down . Good selling interest into 111.50 capped the advance, however. Equity markets also turned mixed-to-lower in Asia, despite Wall Street ascending to fresh highs, having been lifted by earnings and Apple’s announcement on a large cash repatriation. Elsewhere, USD-CAD has settled at near net unchanged levels relative to levels that were prevailing just ahead of yesterday’s BoC rate hike (which met expectations while be accompanied with cautious guidance). Sterling is the strongest currency on the day, posting a near 0.5% average gain versus the dollar, euro and yen in post-London close trading. Remarks from BoE MPC member Sauders warning that pay growth will accelerate in the UK during 2018 and that unemployment may drop to multi-decade lows under 4.0%, gave Hey Majesty’s currency a boost, reportedly encouraging interbank and near-term speculative accounts to run at sell stops in EUR-GBP. Main Macro Events Today US Housing Starts & Building Permits – Housing starts should fall to a 1.275 mln pace in December after November’s 3.3% surge to 1.297 mln, while Building permits expected at 1.290M from 1.298M seen on November. US Jobless Claims – Unemployment claims is seen slightly lower at 250K than 261K last week. US Crude Oil Inventories Philadelphia Fed Manufacturing Survey – The Philly Fed index should fall to 25.0 in January from the upwardly revised 27.9 in December. The reading was at 24.1 a year ago, and was as high as 36.4 in 2011. ECB Cœuré Speech Charts of the DaySupport and Resistance LevelsAlways trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  6. Hotforex.com - Market Analysis and News.

    Date : 17th January 2017. MACRO EVENTS & NEWS OF 17th January 2017. FX News Today European Fixed Income Outlook: Stock markets declined in Asia overnight in the wake of a correction on Wall Street Tuesday after the dollar recovered. The Nikkei closed down -0.35% the Hand Seng is down -0.16%. FTSE 100 futures are also in the red, but U.S. futures are slightly higher. 10-year yields picked up in the U.S. and Japan. Stock indices remain at high levels but recent advances have triggered warnings of overheating as focus turns to the earnings season and central banks. Today’s calendar has the final reading of Eurozone HICP inflation, which is expected to confirm the headline rate at 1.4% y/y and core at 0.9% y/y, adding to the arguments of the doves at the ECB who are still reluctant to confirm to a final end date for QE just yet. FX Update: EURUSD bottomed at 1.2196 early in the N.Y. session yesterday, before making its way to 1.2248 highs into the London close. The euro dropped sharply on political concerns in Germany, with some SPD factions reportedly uncertain, or in outright rejection, of proposals to form a grand coalition. This rattled EURUSD and euro crosses, which had been aggressively bid up in recent sessions. Potential for further fallout in Germany may keep euro bulls sidelined for the time being. Meanwhile, ECB speeches also put some pressure on the Euro. ECB hawk Weidmannsuggests rate hike won’t come before 2019. The Bundesbank President once again stressed his preference to end net asset purchases this year, but at the same time repeated his effort to play down the risk of a rate hike already this year, which flared up after the release of the minutes. ECB Vice President Constancioeyes sudden movements in EUR. At the same time he, in line with other council members, tried to play down the implications of the minutes from the last meeting saying that even if the council sees the need for a gradual adjustment in the forward guidance “if the economy continues to grow and inflation continues to move” towards target, “this does not mean that changes will be immediate”. Constancio stressed that the ECB is not changing the path of its monetary policy, and that monetary policy will remain very accommodative for a long time. Eurozone CPI – is forecast to remain unchanged at 1.4%y/y, while core is set to fall 0.9%y/y vs 1.1%y/y . US Industrial Production – expected to rise 0.4% after the 0.2% November gain, to bring capacity utilization up to 77.2% from 77.1% BoC Monetary Policy Report – A 25 bp hike to 1.25% is expected today. The Monetary Policy Report, should reveal a still cautiously upbeat growth outlook that is consistent with a gradual normalization path. Labour market slack and uncertainty kept the Bank of Canada (BoC) from implementing further rate hikes in October and December of last year. But recent economic reports suggest labour market slack has seen significant unwinding. Of course, uncertainties remain elevated, notably on the outlook for NAFTA. FOMC Member Kaplan and Mester Speech Charts of the DaySupport and Resistance LevelsAlways trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  7. Hotforex.com - Market Analysis and News.

    Date : 16th January 2017. MACRO EVENTS & NEWS OF 16th January 2017.FX News TodayEuropean Fixed Income Outlook:Stock markets moved higher in Asia overnight after shrugging off early losses, U.S. futures are also moving higher, but European markets are likely to continue to struggle with the weak USD. The EUR in particular has been pushed higher as markets run away with rate hike fears after last week’s ECB minutes, ignoring the hint that any change in the forward guidance will focus on net asset purchases, rather than the sequencing of exit steps, i.e. interest rates, which are still not expected to end until well after net asset purchases have been halted. Yields moved higher in Europe yesterday and stock markets struggled. Today’s focus will be on final inflation readings out of the Eurozone, but primarily key U.K. inflation data and a dip in the headline CPI rate is expected to 3.0% from 3.1% y/y in the previous month.FX Update: USDJPY has lifted to the upper 110.0s after opening in Tokyo just under 110.50. There were some remarks of disquiet about yen strength from both finance minister, Aso, and the economy minister, Motegi, which followed a six consecutive session run lower in USDJPY that yesterday left a four-month low at 110.33. Japanese December PPI also came in a smidgeon shy of expectations, at 3.1% y/y, while another USDJPY supporting influence is a large USDJPY option structure with a 111.20 strike which is due to expire at the New York cut today. USDJPY posted an intra-day peak at 110.98. Resistance at 111.05-7, and support is at 110.29-30.Charts of the DayMain Macro Events Today UK PPI- December PPI is penciled in at a 0.5% y/y, slower than the 1.8% previously. UK CPI- A moderation is expected to 3.0% y/y after November’s 3.1% y/y clip, an outcome which would square with BoE projections. US Empire State Manufacturing Index – The January Empire State manufacturing index should rise 1 point to 19 after falling 1.4 points to 18.0 in December SNB Chairman Jordan Speech Support and Resistance Levels Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  8. Hotforex.com - Market Analysis and News.

    MACRO EVENTS & NEWS OF 15th January 2017.Main Macro Events This WeekWall Street soared to record highs again last Friday and outperformed most global indices. The bullish impacts of U.S. tax reform and deregulation have manifested in signs of stronger growth and have led to expectations for improved earnings. The momentum has helped boost European and Asian shares as well. United States: U.S. markets are closed Monday for the Martin Luther King holiday. The hefty rally on Wall Street has helped lead global markets higher so far in 2018. While there’s plenty of unease to go around at these lofty levels, the underlying optimism suggested by earnings expectations, the bullish momentum, and the forecasts for sustained economic growth ahead suggest the rally can be extended. Earnings should be the guiding force in the markets this week, with some impact from economic data. The spending bill will be monitored ahead of a partial government shutdown on Friday as the spending bill runs out. Deal making could get contentious, particularly after President Trump remains at odds with the Democrats on “Wall” funding, while the kerfuffle over the President’s language last week add to the divisive environment.This week, Manufacturing and production data headline the economic calendar. The January Empire State manufacturing index (Tuesday) should rise 1 point to 19 after falling 1.4 points to 18.0 in December. Industrial production for December (Wednesday) is expected to rise 0.4% after the 0.2% November gain, to bring capacity utilization up to 77.2% from 77.1%. The Philly Fed index (Thursday)should fall to 25.0 in January from the upwardly revised 27.9 in December. The NAHB homebuilder sentiment index is due Wednesday. Housing starts (Thursday)should fall to a 1.275 mln pace in December after November’s 3.3% surge to 1.297 mln. Preliminary January consumer sentiment (Friday) is expected to rise to 97.0 after the index slid 0.8 points to 95.9 in December, supported by the bull run in equities and the passage of the tax bill.Canada: The BoC is in the spotlight this week, with Wednesday’s announcement expected to reveal a 25 basis point (bp) rate hike to 1.25%. The Monetary Policy Report, also due Wednesday, should reveal a still cautiously upbeat growth outlook that is consistent with a gradual normalization path. The data slate is thin, leaving the focus firmly on the Bank of Canada: December existing home sales are expected Monday, while November manufacturing is due Friday. The manufacturing shipment values expected to rise 1.0% m/m after the 0.4% dip in October.Europe: After Draghi failed to deliver the expected tweak in the forward guidance in December, the minutes from the meeting reminded investors that “postponed” is not “canceled” and that the ECB is still on the way to phase out net asset purchases after the end of the current program in September. However, gradualism remains the order of the day and this week’s data releases could help the markets settle down further, with final HICP readings for the Eurozone coming with a slight risk to the downside after downward revisions to Spanish and French readings. ECB speakers include Weidmann and Nowotny and are likely to come in on the hawkish side, however, so a balanced picture. Meanwhile political risks seem to be receding somewhat with Germany finally heading for a functioning government after Merkel reached a preliminary agreement with the Social Democrats in the exploratory talks for a rerun of the grand coalition, although the SPD’s party conference still has to clear the talks.The European calendar focuses on the remaining final inflation numbers for December. We are looking for German HICP (Tuesday) to be confirmed at 1.6% y/y and the Italian HICP (Tuesday) at 1.0%, which should leave the overall Eurozone CPI reading at 1.4% y/y unchanged from the preliminary number and down from November. European calendar has also has November PPI data for November, seen falling back to 2.3% y/y, from 2.5% y/y. The Eurozone schedule includes November trade as well as current account data and supply also continues to flood in with Spain and France auctioning bonds on Thursday and Germany selling 30 year Bunds on Wednesday.UK: The week ahead brings some key data releases, highlighted by December inflation and retail sales data. Brexit-related developments of significance have been in short supply so far in the new year, but are likely to pick up. Talks between the UK and EU on a transition deal are due to start presently, although negotiations on a future trading relationship with the EU are not due to begin until March. As for this week’s data calendar, UK CPI for December (Tuesday) expected to have a moderation to 3.0% y/y after November’s 3.1% y/y clip, an outcome which would square with BoE projections. December retail sales are also due (Friday), where a decline is expected of 0.8% m/m, which would correct some of the 1.1% m/m gain that was seen in November. Overall, data in-line with expectations shouldn’t cast much bearing on sterling markets.Japan:December PPI (Tuesday) is penciled in at a 3.1% y/y pace, slightly slower than the 3.5% previously. The November tertiary index (Tuesday) is forecast rising 0.5% from the prior 0.3% bounce after slipping slightly in August (-0.1%) and September (-0.2%). November core machine orders (Wednesday) should fall 2.0% m/m from the 5.0% increase in October. The index has bounced around on a monthly basis but posted a 3.9% 3-month change in October, and is up 2.3% y/y. However, there’s risk of a deeper slide in November given the firmer yen. Revised November industrial production is due Thursday. Production posted a 0.6% gain initially, for a second straight monthly gain (0.5% in October).China: December industrial production (Thursday) is forecast to rise 6.1% y/y, unchanged from November. December retail sales are anticipated to have risen 10.3% y/y from 10.2%, while December fixed investment is seen up 7.0% y/y from 7.2%.Australia: Housing investment (Wednesday) is seen rising 1.0% in November after the 0.6% dip in October. Employment (Friday) is expected to expand 25.0k in December after the 61.6k bounce in November. The unemployment rate is projected to hold steady at 5.4%. Meanwhile, the Reserve Bank of Australia’s has another clean slate this week. Indeed, the Bank’s event schedule is empty until the policy meeting on February 6, where no change to the current 1.50% setting for the cash rate,is expected.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  9. Hotforex.com - Market Analysis and News.

    Date : 12th January 2017. MACRO EVENTS & NEWS OF 12th January 2017. FX News Today European Fixed Income Outlook: Asian stock markets moved mostly higher, with Hang Seng and CSI 300 outperforming again, while the Nikkei underperformed and declined -0.24% as the Yen moved higher against the dollar. Oil giants led the way in Hong Kong. 10-year JGB and Treasury yields climbed and recent volatility in bond markets seemed to subside somewhat, although the BoJ and ECB reminding markets this week that central bank support is slowly on the way out, yields are likely to continue to trend higher. UK100 futures are rising in tandem with U.S. futures. The calendar only has second tier data in the form of inflation numbers out of Spain, France and Sweden. FX Update: The dollar has remained on a softening tack, with the narrow trade-weighted USD index (DXY) extending yesterday’s declines from levels around 92.50 to a 91.75 low today,, which matches the four-month low that was posted on January 2. The greenback has logged fresh lows versus the euro, sterling and Australian dollar, among other currencies, in the early part of the Asia-Pacific session after Fed’s Dudley saying that the case forgradualist approach to tightening monetary policy remains strong, arguing that the pace of rate hikes could be accelerated if need be. EURUSD clocked a five-day peak at 1.2066, with subsequent dips remaining shallow. AUDUSD traded above 0.7900 for the first time since late September, logging a peak of 0.7904. The hawkish-leaning ECB minutes, yesterday, and the BoJ’s QE tapering announcement earlier in the week, have been factors generating a softer dollar theme this week, via EURUSD buying and USDJPY selling, respectively. US CPI & Core CPI – Headline CPI is forecast to increase 0.2% in December vs 0.4% , while core is set to rise 0.2% vs 0.1% — leaving core y/y at 1.7%. US Retail Sales – December retail sales forecast to rise 0.4% vs 0.8%, while increasing 0.4% ex-auto. Lastly is business inventories that should rise 0.3% in November vs -0.1%. German Buba President Weidmann Speech Federal Reserve Bank of Boston President Rosengren Speech Charts of the DaySupport and Resistance LevelsAlways trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  10. Hotforex.com - Market Analysis and News.

    Date : 11th January 2017. MACRO EVENTS & NEWS OF 11th January 2017.FX News TodayEuropean Fixed Income Outlook: Asian stock markets are mostly slightly lower, yields are coming down after the sharp move higher in recent days and 10-year JGBs shed -1.1 bp while Treasury yields are down 2.0 bp at 2.537%. Global equity indices have reached levels that raised concerns of overheating, while a number of bond auctions added to the uptick in yields yesterday. But while Germany under-subscribed 10-year auction yesterday spooked investors, strong demand in the USD 20 bln 10-year Treasury auction helped to calm nerves and saw yields heading sound again. Losses on Asian stock markets meanwhile were modes. The Nikkei closed down -0.33%, U.S. futures are narrowly mixed and UK100 futures are moving higher and with the EUR holding below 1.20 against the Dollar, the GER30 may be able to recover somewhat after under-performing yesterday, as full year 2017 GDP estimates are likely to show very strong growth, while Bund futures are likely to open higher.FX Update: The dollar is firmer after China rebutted yesterday’s Bloomberg story alleging that it was pondering a reduction on U.S. Treasury purchases. USD-JPY broke a run of three consecutive declines, which printed a seven-week low at 111.27 yesterday, in recouping to the upper 111.0s. China’s State Administration of Foreign Exchange said that the Bloomberg report was based on “false” information. The remark saw the yield on the 10-year T-note tick lower while giving the dollar a lift. The narrow trade-weighted USD index recovered to within a few pips of 92.47 after seeing a low of 91.92 yesterday. EUR-USD has ebbed back under 1.1950 after yesterday foraying above 1.2000 in the wake of the Bloomberg story. Market participants will now return focus on incoming fundamental leads while continuing to digest this week’s BoJ tapering of its QE program.Main Macro Events Today BOE Credit Conditions Survey ECB Monetary Policy Meeting Accounts Canadian NHPI – November new home price index expected at 0.2%m/m from 0.1% m/m. US PPI & Unemployment claims – Headline PPI may dip 0.2% in December vs 0.4%, while core is expected at 0.2% vs 0.3%. Initial jobless claims are projected to drop 5k to 245k for the January 5 week. Charts of the DaySupport and Resistance LevelsAlways trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  11. Hotforex.com - Market Analysis and News.

    Date : 9th January 2017. MACRO EVENTS & NEWS OF 9th January 2017.FX News TodayEuropean Fixed Income Outlook: Asian stock markets moved broadly higher overnight. The Hang Seng headed for an 11th straight gain, led by property developers and energy producers and moving closer to the record levels, Japanese indices were underpinned by electronics makers and chemicals, despite a stronger Yen, with the Nikkei closing up 0.57%. FTSE 100 futures are also up, but U.S. stock futures are narrowly mixed, as Treasury yields rise in tandem with most long yields in Asia. Only China’s 20-year declined again, while Japan’s 10-year gained 1.1 bp and the 10-year Treasury 0.6 bp. European yields headed broadly south yesterday, despite gains on stock markets, but global movements suggest a corrections in bonds. The data calendar today has German trade and production numbers at the start of the session, as well as French trade and Eurozone jobless numbers.German Nov industrial production jumped 3.4% m/m in November, a much stronger than expected rebound after two months of decline that left the annual rate at 5.6% y/y, up from 2.8% y/y in October and highlighting the strength of the manufacturing sectors in particular. Manufacturing orders may have disappointed in November, but the underlying trend remains strong, while surveys point to ongoing optimism about the outlook that is underpinning job creation and will likely feed into wage deals. German trade surplus widens as exports jump.Germany posted a sa trade surplus of EUR 22.4 bln in November, up from 19.9 bln in the previous month, as exports rose 4.1% m/m, outpacing the 2.3% m/m rise in imports. The three months trend improved further indicating that net exports underpinned overall growth in the last quarter of 2017, although accumulated data for the first 11 months of 2017 show that surpluses in both current account and trade actually declined slightly compared to the corresponding period 2016, highlighting that for once this was not an export led German recovery, but rather than improving global growth is also benefiting German exports, while the strong EUR is helping to keep the import bill down.Charts of the DayAlways trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  12. Hotforex.com - Market Analysis and News.

    Date : 8th January 2017. MACRO EVENTS & NEWS OF 8th January 2017.FX News TodayThe start of the year 2018 is off to a bang with the “snow bomb” and freeze on the East Coast of the U.S., along with the start of the MiFID financial regulation in Europe and fresh record highs right out of the gate on equities around the globe. That’s kept yields pressured higher, but continues to do few favors for the dollar, even as gold and Bitcoin rebounded. Headline U.S. nonfarm payrolls disappointed elevated expectations, but the guts of the report remained solid.United States: The economic calendar will home in on inflation data and retail sales following the miss on the headline December payrolls print last week. Consumer credit kicks off the week(Monday) with an $18.0 bln increase forecast for November vs $20.5 bln previously. Second tier NFIB small business optimism and JOLTS job openings (Tuesday) are on tap next. MBA mortgage market data (Wednesday) is due, along with import prices seen +0.2% in December and export prices flat. Wholesale sales may increase 0.8% in November, while inventories rise 0.7%(Wednesday), with EIA energy inventory data on deck as well. Headline PPI may dip 0.1% in December vs 0.4% (Thursday),while core is expected at 0.2% vs 0.1%. Initial jobless claims are projected (Thursday) to drop 15k to 235k for the January 6 week and the Treasury budget gap is set to widen to -$52.0 bln in December vs -$28 bln a year-ago. Headline CPI is forecast to increase 0.2% in December vs 0.4% (Friday), while core is set to rise 0.2% vs 0.1% — leaving core y/y at 1.7%. Also on tap are December retail sales, which is forecast to rise 0.3% vs 0.8%, while increasing 0.4% ex-auto. Lastly is business inventories that should rise 0.3% in November vs -0.1%.Fedspeak resumes in full force with a trio of Atlanta’s Bostic, SF’s Williams and Boston’s Rosengren (Monday). Bostic will be speaking on the economy and policy, while the other two will be taking part in a Brookings event on the 2% inflation target. Minneapolis Fed’s Kashkari will participate in a Q&A session(Tuesday), followed by Chicago’s Evans. St. Louis’s Bullard and Dallas’s Kaplan appear (Wednesday), who will be speaking on the economy and policy. NY Fed’s Dudley will deliver a keynote address on the 2018 economic outlook (Thursday) and Rosengren will return (Friday) to discuss the outlook as well.Canada: The final bit of economic data are due this week before the Bank of Canada’s (BoC) January 17 announcement and Monetary Policy Report next week. The calendar is front-loaded, with the BoC’s business outlook survey for Q4 due Monday and December housing starts due Tuesday.Building permits are outWednesday. The decidedly second tier November new home price index and December Teranet National HPI are scheduled forThursday and Friday, respectively. The BoC’s business outlook survey will finalize expectations for the BoC next week.Europe: Strong growth and still low inflation remain the main features of the Eurozone economy, and with the ECB still glossing over the cracks of the Eurozone system long yields remain low also in peripheral countries. Political risks will continue to dominate over the next couple of months as the Italian general election on March 4 comes into view, Germany’s struggle to find a stable government continues and Brexit talks go into the second round. German Nov manufacturing orders (Monday) are seen down -0.3% m/m , but after a rise of 0.5% m/m in the previous month. and with a still strong trend suggesting ongoing robust demand in the manufacturing sector. Eurozone ESI Economic Confidence is seen picking up slightly to 114.8 from 114.6, after the preliminary consumer confidence data came in higher than anticipated and PMI readings also improved at the end of last year. Germany will release a preliminary estimate for full year 2017 GDP(Thursday). Growth last year was much stronger than anticipated and the output gap is closing faster than expected, with PMI reports already suggesting that the manufacturing sector is running into capacity constraints, thus backing expectations for a gradual change in the ECB’s forward guidance in coming months, with the current QE program likely to be the last and net asset purchases expected to be phased out in the last quarter of the year. Ahead of the full year GDP numbers. The calendar also holds German trade data (Tuesday) and French production numbers (Wednesday) for November, as well as Italian and overall Eurozone production data(Wednesday) with the latter seen up 0.5% m/m. Growth remains robust, but so far inflation data has failed to move any closer to target and final December HICP readings from France and Spain are expected to confirm preliminary readings and not bring any surprises.UK: Sterling markets have been lacking strong leads so far this year. Unexpected weakness in the December manufacturing and construction PMI surveys were offset by a firmer than expected PMI reading for the dominant service sector. The ONS stats office reported an encouraging tick higher in UK productivity, though to little impact. Brexit-related news or developments, meanwhile, have been thin so soon after the holiday period. Formal negotiations with the EU on a post-Brexit trading relationship are due to start in March.This week’s UK calendar is fairly quiet, highlighted by the private BRC retail sales survey for December(Tuesday) along with November production and trade data(Wednesday). The BoE MPC’s next policy meeting will take place on February 7th-8th, where a no change decision is widely anticipated. The BoE will then also publish its latest quarterly inflation report, with updated growth and inflation projections.Japan: is on holiday Monday observing Coming of Age Day. December consumer confidence (Tuesday) is expected to improve to 45.5 from 44.9. November current account data (Friday) should show the surplus narrowing to JPY 1,900 bln from 2,176 bln.China: December CPI and PPI are due (Wednesday) with the former seen rising to a 2.0% y/y pace from 1.7%, while the latter slows to 5.0% y/y from 5.8% previously. December loan growth and new yuan loans are also tentatively due (Wednesday) with the latter forecast at CNY 900.0 bln from 1,120 bln in November. The December trade report (Friday) should reveal a narrowed surplus of $37.0 bln from $40.2 bln in November.Australia: Australia building approvals (Tuesday) are expected to dip 0.5% in November after the 0.9% gain in October. ANZ job ads for December are also due Tuesday. November retail sales(Thursday) are seen rising 0.3% after the 0.5% increases in October. The Reserve Bank of Australia’s docket is clear this week. Indeed, the Bank’s event schedule is empty until the policy meeting on February 6. No change to the current 1.50% setting for the cash rate is expected.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  13. HotForex - www.Hotforex.com

    HotForex: Upcoming January 2018 Webinars Part 1. Power your trades with industry tips and knowledge from our forex experts by signing up to our free weekly webinars. Our webinars are designed to improve your FX knowledge and help you hone your trading skills to give you the confidence you need to trade the markets! Whether you are a beginner or an experienced trader, our seasoned market analysts will guide you through key forex strategies and concepts. Every live webinar is followed by a Q&A session, giving you the opportunity to put your questions to the presenter! We are committed to being with you every step of the way in your forex trading career, and by providing valuable forex education, we can give you a solid foundation to begin trading. Registration is FREE but you need to hurry up because places are limited! By joining our webinars you can: *Watch our experts analyse the markets live. *Strengthen your trading skills and knowledge. *Ask questions and get the answers you need. *Access past webinars to refresh your memory. *Get valuable training that is not readily available online. *Discover industry tips and tricks from the pros. Places are limited*, so book your free place now! View our webinar lineup till 18th January 2018: 04 January 12:00 PM GMT: Using Fibonacci to Trade Forex Senior trader and forex researcher, Oto, will be your host for this dedicated webinar regarding Fibonacci trading in forex - what it is, how to use it and its unique vocabulary. Enhance your trading skills in this session which will include: * What is Fibonacci theory * How to spot a dead-cat bounce * How to trade a Fibonacci retracement Instructor: Oto, BlueSkyForex 09 January, 11:00 AM GMT: Live Analysis In this live analysis webinar, our market expert Stuart will analyze forex, commodity and stock markets. Traders of all levels of experience can learn from this opportunity to ask questions about analysis, trading, risk management and future trading setups. * Watch Stuart analyze the markets in real time * Learn how professionals approach analysis and trading * Get your trading questions answered live Instructor: Stuart Cowell, HotForex’s Senior Analyst 10 January, 11:00 AM GMT: Heiken Ashi Scalping Tool Today Stuart will demonstrate the power and simplicity of this great stand-alone indicator, how it compares to normal candlesticks and how to use it in your scalping strategy. Join him to learn about: * The difference between normal Candlesticks and Heiken Ashi Candles * Understanding the Candles, the wicks and their patterns * A strategy and trading signals for ALL timeframes Instructor: Stuart Cowell, HotForex’s Senior Analyst 11 January, 12:00 PM GMT: Money Management in Forex Money management is an essential skill for traders. Learn how to manage your capital and risk effectively in this informative webinar with senior trader and forex researcher, Oto. This webinar will cover key money management concepts: * Price action vs. mean reversion in risk management * Setting risk levels in forex * Currency trading dangers Instructor: Oto, BlueSkyForex 16 January, 11:00 AM GMT: Live Analysis In this live analysis webinar, our market expert Stuart will analyze forex, commodity and stock markets. Traders of all levels of experience can learn from this opportunity to ask questions about analysis, trading, risk management and future trading setups. * Watch Stuart analyze the markets in real time * Learn how professionals approach analysis and trading * Get your trading questions answered live Instructor: Stuart Cowell, HotForex’s Senior Analyst 17 January, 11:00 AM GMT: HF Global Trends & Outlook 2018 Join Stuart as he presents his Global Trends and Outlook for 2018 and discusses the key points of the report released last week. All key markets will be covered including Forex, Equities, Cryptocurrencies, Commodities and Bonds. Instructor: Stuart Cowell, HotForex’s Senior Analyst 18 January, 12:00 PM GMT: Using Keltner Channels to Trade FX Using Keltner Channels in order to identify opportunities is a challenge and so most traders prefer to stick to Bollinger bands. It does not have to be this way though. In this webinar we will be discussing the following: * What are Keltner Channels * The difference between Bollinger Bands and Keltner Channels * How to use Keltner Channels to trade FX Instructor: Oto, BlueSkyForex If you have any questions, comments or feedback, please do not hesitate to contact our dedicated Customer Support Team via myHotForex, live chat, or by email [email protected] Best Regards, The HotForex Support Team *Please Note: Places are limited and we cannot guarantee availability. On the day of the Webinar, make sure to dial in or login on time using the instructions in the confirmation email you receive following registration. When the maximum number of attendees is reached, no further registrants will be able to join.
  14. Hotforex.com - Market Analysis and News.

    Date : 27nd December 2017. MACRO EVENTS & NEWS OF 27nd December 2017.FX News TodayEuropean Fixed Income Outlook: Markets in Europe re-open after the Christmas holiday weekend, but trading will by quiet. Wall Street closed fractionally lower on Tuesday, while long Treasury yields declined. In Europe, peripheral yields are likely to remain volatile as the ECB halted purchases over the holiday period, with thin market conditions apt to amplify movements. The economic calendar is quiet today. Preliminary inflation data for December is due out of both Germany and Spain on Friday, where we expect headline rates falling back again after the spike in November, which was mainly driven by base effects from energy prices. An abatement in inflation would back Draghi’s commitment to ongoing asset purchases, although with the output gap closing faster than anticipated, the ECB’s guidance should gradually change over the coming months, with the focus shifting from net purchases to maintaining the stock of assets, and eventually rates.FX Update: The dollar has been trading with a soft tilt, with USDJPY edging out a four-session low at 113.12, EURUSD a four-session high at 1.1884, and USDCAD making three-week low and AUDUSD a two-month high, at 0.7750. This has come despite robust producer sentient data yesterday out of the U.S., along with the expected fiscal stimulus to come after the passing of the U.S. tax overhaul bill last week. London and other key interbank centres reopen today, though staffing levels and client activity will remain very low until next Tuesday. The calendar is very lightly in Europe and North America today, highlighted by UK mortgage data, an Italian bond sale, and U.S. consumer confidence data.U.S. Reports: revealed another two robust producer sentiment readings for December that provide a prelude to a renewed sentiment updraft into 2018 with the new tax law, alongside a 0.2% October rise in the S&P Case Shiller home price index that bucked seasonal price restraint to leave a rise in the y/y gain to 6.4% from 6.2%. For the Dallas Fed, we saw a rise to an 11-year high of 29.7, from 19.4 in November and a prior 11-year high of 27.6 in October. For the Richmond Fed, we saw a drop-back to a 20 reading in December that marks the second strongest figure since December of 2010, from an all-time high of 30.0 in November, with an employment index pop to a new cycle-high. Both measures have shown little moderation from the big hurricane rebuilding lift starting in September, and the ISM-adjusted level of all the major sentiment indexes is rising back to 58 from 57 in November.Main Macro Events Today* Swiss ZEW Survey – Credit Swiss Economic Expectations will be released at 09:00 GMT* US Pending Home Sales- The NAR pending home sales index is expected to ease to -0.5% in November from 3.5%.* Japanese Retail Trade – November retail sales are seen bouncing to -0.6% from -0.7% for large retailers, and to 1.2% y/y from -0.2% overall.Charts of the DayAlways trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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