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
Forex Discussions
Technical Analysis
Daily Morning Market Overview by Comparic Staff
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="ComparicCom, post: 112960, member: 39533"] [B]Late on Wednesday markets got to know New Zealand’s trade balance. Early in the morning Haruhiko Kuroda was speaking about Japanese monetary policy. Today there is only some interesting data in the calendar, more details below![/B] [SIZE=5]New Zealand with negative trade balance[/SIZE] Trade deficit in New Zealand is a little higher and now is $3.4B. It was caused e.g. by drop of export in these branches: [LIST] [*]Consumer goods: -4.8%, now $12B [*]Meat products: -15%, now $235M [/LIST] At the same time there was increase of costs in few sectors what deepened the deficit. Below you can see highlights of the New Zealand’s trade balance: [IMG]http://comparic.com/wp-content/uploads/2016/10/Key-facts-graph-v2.gif[/IMG] [SIZE=5]Kuroda: Any weake[SIZE=5]n[/SIZE]ing of JPY will mean FX intervention[/SIZE] During Kuroda speech in front of Japanese parliament we heard a lot of similar postulates he has been saying for the last few months. What’s worth noticing? [LIST] [*]No need to change target for short term and long term interest rates [*]Yield curve moves according to forecasts [*]There is still a lot of JGB (Japanese Government Bonds) on the market to buy by BOJ [*]BOJ will not reduce JGB position [*]There is a risk that bonds will end eventually but not in the nearest time [*]BOJ cannot buy foreign bonds because of current law [*]Any try to weaken JPY should be taken as FX intervention [/LIST] [IMG]http://comparic.com/wp-content/uploads/2016/10/USDJPYH1-27.10.png[/IMG] [SIZE=5]What are we still waiting for?[/SIZE] For next important data we have to wait until 1:30 PM (GMT). We will know US initial jobless claims and durable goods orders. An hour and half later there will be publication of US pending home sales: [IMG]http://comparic.com/wp-content/uploads/2016/10/dane-1.png[/IMG] [/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…