Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
Daily Market Analysis from Hotforex Broker
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="HFM, post: 153652, member: 32345"] [FONT=Georgia][COLOR=rgb(20, 20, 20)][B]Date : 09th October 2018. MACRO EVENTS & NEWS OF 09th October 2018.[/B] [IMG]https://analysis.hotforex.com/wp-content/uploads/2018/10/2018-10-09_08-59-42.jpg[/IMG] [B]FX News Today[/B] [B]FX Action:[/B]USDJPY has settled around 113.00, above the eight-session low printed yesterday at 112.82. Ranges have been narrow in currency markets, despite risk appetite remaining firmly on the negative side of the dial. The MSCI Asia-Pacific (ex Japan) Index hit a 17-month low. The IMF cut its growth forecasts for both this year and next, including downgrades of the outlooks for the US, Europe and China. PBoC set the USD-CNY reference rate at 6.9019. Often times, such a backdrop would see the Yen appreciate, though the rise in US over Japan yield differential appears to be providing offsetting support for USDJPY. The 10-year US Treasury yield has today lifted to a fresh 7-year highs above 3.25%. [B]Asian Market Wrap:[/B] 10-year Treasury yields are up 0.5 bp at 3.239%, Treasury yields climbed 0.1 bp to 0.146%, while stocks traded mixed during the Asian session. Chinese and Hong Kong markets stabilized after yesterday’s sharp correction in Chinese stocks that were partly driven by catch up trades. A stronger Yen meanwhile weighed on Japanese equities. IMF warnings on the global growth outlook meanwhile lifted pressure on bonds, although the IMF referred mainly to growth outside the US and tax cut fuelled expansion in the US will continue to keep the Fed on a tightening path. Still, some are expecting BoJ to act more aggressively to curb the uptick in long yields. Topix and Nikkei are currently down -1.84% and -1.30% respectively. The ASX fell -0.97% though, and U.S. stock futures are also down while oil prices climbed higher and the front end Nymex future is trading at USD 74.67 per barrel. [SIZE=4][B]Charts of the Day[/B][/SIZE] [/COLOR][/FONT] [FONT=Georgia][COLOR=rgb(20, 20, 20)][IMG]https://analysis.hotforex.com/wp-content/uploads/2018/10/2018-10-09_09-00-50-1024x564.jpg[/IMG][/COLOR][/FONT] [B][FONT=Georgia][COLOR=rgb(20, 20, 20)][B]Main Macro Events Today[/B][/COLOR][/FONT][/B] [FONT=Georgia][COLOR=rgb(20, 20, 20)] [LIST] [*][B]Canadian Housing Starts – Expectations –[/B] The September starts are expected to improve to a 210k pace in September from 201.0k in August. [/LIST] [LIST] [*][B]MPC Member Broadbent Speech – [/B]BOE Deputy Governor Ben Broadbent is due to testify on the use of the Retail Price Index before the Economic Affairs Committee, in London. [/LIST] [LIST] [*][B]Gov Council Member Wilkins Speech – [/B]Bank of Canada Senior Deputy Governor Wilkins appears in a panel at the Empowering Women in the Workplace Seminar at an IMF event in Bali Indonesia. [/LIST] [SIZE=4][B]Support and Resistance Levels[/B][/SIZE] [IMG]https://analysis.hotforex.com/wp-content/uploads/2018/10/2018-10-09_09-41-16.jpg[/IMG] [B]Always trade with strict risk management. Your capital is the single most important aspect of your trading business.[/B] [B]Please note that times displayed based on local time zone and are from time of writing this report.[/B] Click [URL=https://www.hotforex.com/hf/en/trading-tools/economic-calendar.html][B]HERE[/B][/URL] 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 [URL=https://www.hotforex.com/en/trading-tools/trading-webinars.html][B]HERE[/B][/URL] to register for FREE! [URL=https://analysis.hotforex.com/][B]Click HERE to READ more Market news.[/B][/URL] [B] Andria Pichidi Market Analyst HotForex [/B] [B]Disclaimer:[/B] This material is provided as a general marketing communication for information pThis 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.[/COLOR][/FONT] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…