Analysis of Financial Markets
Along with the poor retail sales data on Thursday, now we have the extremely poor PMI data published on Friday 22 from the UK during European morning hours. These data reflect a slowing of economic activity in the country as both the manufacturing index and the service sector index fell below the level 50 which is the equilibrium level of these indicators. The manufacturing index has come out with a value of 49.1 while the value of the service sector has been 47.4, well
Continue reading The pound (GBP) again damaged by a dismal PMI data
Dear investors, welcome to a new trading week where all eyes are on the meeting of the European Central Bank (ECB) which will take place next Thursday, March 10th. In this meeting is expected that the European institution will continue expanding its stimulus programs and if this does not occur, the european stock indices would suffer but the Euro will rise. From the other side of the Atlantic continue the aftermath of employment data published in the US
Continue reading The ECB meeting next Thursday will mark the rhythm of the week
The week ended last Friday (02/26/2016) started with a very negative investment atmosphere and this was reflected immediately in the prices of the major stock indexes, which suffered widespread and strong falls in the early stages of the week especially in the day on Tuesday.
As the week progressed the atmosphere was becoming opposite and at the end financial markets have managed to close with mixed results. In the foreign exchange the pound sterling crosses have
Continue reading Mixed sentiment in the stock markets and fall of the GBP, the highlight of the week
From a macroeconomic and fundamental point of view all eyes have been put on the negotiation of oil-exporting countries and the agreements that have come from several of them to freeze oil production. Saudi Arabia and Russia lead this alliance to which apparently, will be joining more partners. The other hot spot has been the Eurogroup meeting where, among other things, the members has been discussing with the Prime Minister of United Kingdom several issues related to the
Continue reading Agreements and negotiations between the oil exporting countries focus the eyes of the market
From a fundamental point of view we had during the American session the publication of the minutes from the last Fed meeting. In these notes, highlight the comment in which it is pointed out that the markets are not reflecting the reality of the US economy and the real economy is having a better performance than reflect the markets.
Continue reading The markets are not reflecting the reality of the US economy
EUR/USD: The euro has continued to appreciate to make highs near 1.13 dollars per euro. The words of Janet Yellen, president of the Federal Reserve (Fed) of United States warning on global risks and hinting that could delay further increases in interest rates, contributed to the acceleration of this movement despite expectations that Mario Draghi, president of the European Central Bank (ECB) to make new moves in monetary policy this March.
Weekly Levels: Support in 1.0889/1.0692/1.0534; Resistance in 1.1568/1.1631/1.1718.
Continue reading Weekly Forex analysis: The fear of a new recession causes heavy losses in global stock markets
We started the year with a special report anticipating how 2014 will be for the world economy and financial markets. The Federal Reserve surprised everyone when it decided to cut its bond-buying program. The market expected the event to occur much later.
Economic Keys to Year 2014
Now that the U.S. is headed toward recovery appeared the International Monetary Fund (IMF) which has predicted that the U.S. economy will grow faster. Thus the IMF goes to support the FED following the change in leadership and the recent decision to reduce bond purchases. Christine Lagarde, head of the IMF praised the Federal Reserve’s decision to gradually reduce debt purchases, emphasizing the upturn in economic growth.
Continue reading Weekly Summary of Financial Markets 12-23-2013
USA Paralized After Political Disputes U.S. is in a crisis that paralyzed the government in a process called "shutdown". President Barack Obama was meeting with congressional Democrats and Republicans to find an agreement without achieving progress. Obama refuses to negotiate with Republicans. The White House issued a statement that said Obama hopes "common sense will prevail" in the negotiations. On Monday at midnight began the "shutdown" after the disagreement between the Republicans and Democrats over government operations.
Continue reading Financial markets at risk by political crisis in the U.S.
This week began with a sharp drop in the markets since the start of the first day, after news that China's economy is slowing. And gold suffered a historic fall in value as anticipated Soros.
Tomorrow Tuesday we have a wave of U.S. economic data early, so we can expect a day of heavy movements.
China's economy is slowing after experiencing an expansion of its Gross Domestic Product (GDP) of 7.7% during the first quarter. The
Continue reading Market Analysis 04-15-2013