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
HotForex: New market analysis services.
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: 199786, member: 32345"] [b]Date : 27th September 2021. Market Update – September 27 – Yields, Evergrande & Oil.[/b] [URL='https://analysis.hotforex.com/wp-content/uploads/2020/08/daily-market-update.png'][IMG]https://analysis.hotforex.com/wp-content/uploads/2020/08/daily-market-update-696x364.png[/IMG][/URL] [B]Market News[/B] [LIST] [*]USD ([B]USDIndex 93.25[/B]) weakened on open but holds as reflation trade gains momentum. Scholz (current Fin. Min. & leader of the opposition SDP) likely to be next German Chancellor, (overall EUR positive). [B]BOJ Mins[/B] “will not hesitate to add to easing policy”. [*][B]Yields[/B] [B]hold at recent highs[/B] (10yr closed [B]1.46%[/B] from 1.48% high) Now at [B]1.447% [/B]in Asian trades (highest since March 2020) [*][B]Equities rallied but closed flat, [/B]Evergrande worries persist ([B]HSBC, UBS & Blackrock[/B] – exposed to a total of [B]$875m[/B]). Total offshore exposure – $20bln of the $300bln. [B]USA500[/B] +6.5 (+0.15%) at [B]4455 [/B]& over a key technical level. USA500.F higher at [B]4468.[/B] Asian equities higher, ASX leads at +0.6%. [B]VIX[/B] closed below [B]20.00[/B] Friday – trades at 19.32 now. [*][B]USOil[/B] rally continues (October 2018 highs) +1.0% today & gapped at open, catalyst – Supply disruptions & inventory drawdowns – [B]$74.88 [/B]– GS raised year end target to[B] $87, [/B] higher, if there is a cold winter. [*][B]Gold[/B] up from Friday lows, [B]$1740 [/B](touched $1760) to [B]$1755 [/B]now. [*][B]FX markets USD bid[/B] – [B]CHF[/B] & [B]JPY[/B] weaker – [B]EURUSD – 1.1715, Cable[/B] [B]1.3660,[/B] [B]USDJPY[/B] [B]110.70.[/B] [/LIST] [B]Week Ahead – [/B]Month & Quarter end, US Senate vote on Infra & Fiscal budget, 2nd Evergrande interest payment ($49.5m), Japan to have new PM Wednesday. Dozens of Central bankers on podiums worldwide. [B]European Open[/B] – December 10-yr Bund future up 27 ticks, [B]DAX & FTSE 100[/B] futures up 0.6% & 0.7% respectively, suggesting Friday’s bout of risk aversion is abating, although China risk & surge in energy prices will remain in focus. In Europe investors will try to assess the impact of yesterday’s election in Germany, which signalled the end of the Merkel era & brought a shift in the balance of power, but no outright majority, which means the country is now facing a period of uncertainty while party leaders try to hammer out a coalition agreement. With the Left Party failing to clear the 5% hurdle though the threat of a participation of the party in government has been avoided, which may be enough to boost confidence today & EUR in the longer term. [B]Today [/B]–[B] US Durable Goods,[/B] ECB’s [B]Lagarde[/B], Panetta, Fed’s Evans, Williams, Brainard, BoE’s [B]Bailey[/B], 2yr & 5yr US supply. [URL='https://analysis.hotforex.com/wp-content/uploads/2021/09/2021-09-27_09-49-45.jpg'][IMG]https://analysis.hotforex.com/wp-content/uploads/2021/09/2021-09-27_09-49-45.jpg[/IMG][/URL] [B]Biggest Mover[/B] @ (06:30 GMT) [B]CADCHF (+0.58%) [/B]4-day rally from September low at [B]71.80[/B] last Tuesday, next resistance [B]0.7350[/B] & [B]0.7375[/B]. Faster MAs aligned higher, MACD signal line & histogram rallying higher, RSI 71.00 OB but still rising. H1 ATR 0.00095, Daily ATR 0.0064. [b]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.[/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] Stuart Cowell Head Market Analyst HotForex Disclaimer:[/b] 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. [/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…