16 March, 2016 by The TZ Newswire Staff Comments Off on Trading Ideas – European session 17 March
Trading Ideas – European session 17 March
Your daily thread for the best trading ideas and thoughts
So the Fed have spoken in the latest of a long week of central bank noise.
What’s your plan now?
Share all with the ForexLive community here.
16 March, 2016 by The TZ Newswire Staff Comments Off on Market Extra: Millennials aren’t a threat to luxury goods makers, says UBS — they’re the saviors
Market Extra: Millennials aren’t a threat to luxury goods makers, says UBS — they’re the saviors
Millennials have been feared to mark the end of luxury-good demand, but a shift in the U.S.
16 March, 2016 by The TZ Newswire Staff Comments Off on USD lower as Europe opens up and reacts to FOMC
USD lower as Europe opens up and reacts to FOMC
It hasn’t take long for European traders to make their minds up on last night’s FOMC decision and rhetoric
USDJPY down to new session lows of 111.78 while EURUSD powers on through 1.1250 dragging EURGBP to 0.7895 just ahead of good sell interest at 0.7900 that I also highlighted yesterday. Stops reported if 0.7910 breaks.
16 March, 2016 by The TZ Newswire Staff Comments Off on Chinese equity markets close higher 17 March
Chinese equity markets close higher 17 March
Positive day overall but paring earlier gains into the close
– SCI closed +1.2 at 2904.83
– CS1300 +1.1% AT 3124.20
Eurostoxx 50 futures up +0.65 in early European trading
16 March, 2016 by The TZ Newswire Staff Comments Off on Swiss government trims 2016 GDP forecast to +1.4% vs +1.5% prev
Swiss government trims 2016 GDP forecast to +1.4% vs +1.5% prev
Switzerland’s State Economic Secretariat (SECO) with their latest forecasts
– 2017 GDP +1.8% vs +1.9% prev (Dec)
– 2016 CPI -0.6% vs -0.1% prev
– 2017 CPI +0.2% vs +0.2% prev
It’s not just the UK that’s cutting growth and inflation forecasts as the world continues to receive a reality check. Yellen’s dovish tones were justified and appropriate given the on-going uncertainty both at home and abroad.
16 March, 2016 by The TZ Newswire Staff Comments Off on Option expiries 10am NY cut today 17 March
Option expiries 10am NY cut today 17 March
Here’s what the DTCC have listed for today
– USDJPY: 113.00 (USD 330m) 113.25 (680m) 113.65 (419m) 113.75-80 (440m)
114.00 (1.39bln) 115.00 (1.44bln)
– EURUSD:
1.0800 (EUR 386m) 1.0900-05 (625m) 1.0945-50 (339m) 1.1125 (253m) 1.1200 (445m) 1.1325 (312m) 1.1395-1.1400 (243m) 1.1450 (692m)