Posts

Showing posts from January, 2019
Ticker Tape by TradingView

Sony announces output from the UK

Image
Sony today announced the transfer of its UK operating base to the Netherlands. In a statement, the Japanese technology company justified the move by hesitating and instability as to the outcome of Brexit and the future of trade relations in the European bloc. "There is a lot of uncertainty surrounding Brexit," Sony spokesman Takashi Lida told CNN. "It's best to prepare for the case if you do not reach an agreement," he added. The already complicated divorce between the United Kingdom and Europe has taken on new proportions in the last week with the rejection by the British parliament of the project of separation proposed by the Prime minister, Theresa May. A new voting is scheduled for the 29 of March. Panasonic also announced last August its move from London to Amsterdam due to Brexit developments. Since the beginning of the last year, the government of Japan has warned about the need to exit the UK if companies have reduced profit margin
Post a Comment
Read more

GBP/JPY Short Forecast

Image
Weak Pound Vs YEN Safe Haven *Trading involves a significant amount of risk. They may not be suitable for everyone, so please     ensure you fully understand all of the risks.
Post a Comment
Read more

Dow Jones Overview

Image
US 30 Forecast Trading involves a significant amount of risk. They may not be suitable for everyone, so please ensure you fully understand all of the risks.
Post a Comment
Read more

Week Ahead 14/01/2019 - 18/01/2019

Image
Monday, January 14, 2019 INR - WPI Inflation (YoY) (Dec) USD - Fed Chair Powell Testifies NZD - NZIER Business Confidence (Q4) Tuesday, January 15, 2019 EUR - French CPI (MoM) (Dec) GBP - UK Parliament vote on Brexit deal* * High Volatility Expected USD - PPI (MoM) (Dec) USD - FOMC Member George Speaks Wednesday, January 16, 2019 GBP - CPI (YoY) (Dec) * High Volatility Expected GBP - Gross Mortgage Approvals EUR - Italian CPI (MoM) (Dec) USD - Core Retail Sales (MoM) (Dec) USD - Export/Import Price Index (MoM) (Dec) * High Volatility Expected USD - Crude Oil Inventories CNY - GDP (YoY) (Q4) * High Volatility Expected Thursday, January 17, 2019 EUR - CPI (YoY) (Dec). * High Volatility Expected ZAR - Interest Rate Decision (Jan). USD - Building Permits (Dec). * High Volatility Expected USD - Philadelphia Fed Manufacturing Index. (Jan) * High Volat
Post a Comment
Read more

Brexit battle recommence

Image
The UK parliament returns from Christmas holidays on Monday and Prime Minister Theresa May might again push back a final vote on her Brexit deal, less than three months before the country is due to exit the European Union. The vote has been rescheduled for the week starting Jan. 14 after a debate which is scheduled to begin in the coming week. May was forced to postpone in December a key vote on the Brexit plan she has agreed with other EU leaders in the face of deep opposition from within her own Conservative Party and other groups in parliament. May's inability so far to get her deal through parliament has alarmed business leaders and investors who fear that the country is heading for an economically damaging no-deal Brexit. There is huge pressure on J. Corbyn and the PM as MPs prepare to return after the Christmas break, with the crucial vote on May’s deal scheduled for a week on Tuesday. Some insiders are already expecting a further delay to the vote
Post a Comment
Read more

Week Ahead 07/01/2019 - 11/01/2019

Image
Monday, January 7, 2019 German Factory Orders (MoM) (Nov) German Retail Sales (MoM) (Nov) EUR Retail Sales (MoM) (Nov) USD ISM Non-Manufacturing PMI (Dec) - * High Volatility Expected CAD Ivey PMI (Dec) Tuesday, January 8, 2019 CHF U nemployment Rate s.a. (Dec) EUR German Industrial Production (MoM) (Nov) CAD Trade Balance (Nov) USD JOLTs Job Openings (Nov) Wednesday, January 9, 2019 CHF C PI (MoM) (Dec) EUR Unemployment Rate (Nov) CAD BoC Monetary Policy Report CAD BoC Interest Rate Decision - * High Volatility Expected USD Crude Oil Inventories USD FOMC Meeting Minutes - * High Volatility Expected CNY CPI (YoY) (Dec) Thursday, January 10, 2019 EUR ECB Publishes Account of Monetary Policy Meeting - * High Volatility Expected USD New Home Sales - * High Volatility Expected AUD Retail Sales (MoM) (Nov) Friday
Post a Comment
Read more

Jair Bolsonaro: Brazil's far-right leader sworn in

Image
He called on lawmakers to help him “free the nation definitively from the yoke of corruption, crime, economic irresponsibility and ideological submission. On the economic front, the new leader promised to open foreign markets for Brazil and enact reforms to reduce a yawning budget deficit,putting government accounts on a sustainable path. Investors see Bolsonaro reinvigorating Latin America’s largest economy, The government machine is really heavy, There are hundreds of bureaucratic governing bodies across Brazil, of regulators as well. We have to untangle the mess. Trump congratulated Bolsonaro in a Twitter message, saying “ The USA is with you ”. Brazilian businesses are eager to see Bolsonaro take office and install a team of economists led by investment banker Paulo Guedes, who has promised quick action in bringing Brazil’s budget deficit under control. Guedes plans to sell as many state companies as possible in a privatization drive
Post a Comment
Read more

Popular posts from this blog

Registration system for EU citizens in the UK

Image
The British government launched last Saturday a system created to register the stay of EU citizens living in the United Kingdom, The process is free, and the application   is time at least until December 2020. To obtain the status of a settled status, you will need to prove that you have been in the United Kingdom for at least six months in each of these years in the last five years. Otherwise, the person submitting the application will receive a temporary pre-settled status, which can be changed after fulfilling the five-year requirement. If London agrees with Brussels regarding the conditions for leaving the Community, EU citizens will have until the end of June 2021 to register in the new system. In the case of hard Brexit, this time would be shortened until the end of December 2020. Initially, the registration in the system was 65 pounds (32.50 pounds for a child), but from Saturday, the earlier political announcement of Prime Minister Theresa May abo
Read more

Bear Market

Image
Bear Market What is it and how to take advantage Means a market in which share prices are falling, encouraging selling. This is a definition by dictionary, but what actually this means for a investor point of view and drives the shares price d evaluate or the encouragement of the assets sell off? Usually the Exchange is marked by popular enthusiasm and speculation with positive sentiment indicators which drives the prices of an asset increase. Fundamentals appear extremely positive and due to the populism investors keep buying disregarding the actual price that has been paid for the asset purchased. Often overpriced buy the market. Those behavior does not reflect the actual value of a company and you should always look for the intrinsic value of a company to evaluate an opportunity. Intrinsic Value In finance, intrinsic value refers to the value of a company, stock, currency or product determined through fundamental analysis without reference to
Read more

Week Ahead

Image
Monday 2.30am – China GDP (Q2): growth expected to be 6.2% YoY and 1.5% QoQ. Markets to watch: China indices, CNH crosses 1.30pm – US NY Empire State mfg index (July): index to rise to 0.5 from -8.6. Markets to watch: US indices, USD crosses Tuesday 2.30am – RBA meeting minutes: these will provide further clarity on the decision to cut rates. Markets to watch: AUD crosses 9.30am – UK employment data: June claimant count to fall to 22,900 from 23,200, while the unemployment rate holds at 3.8% and average earnings rise 3.2% in May excluding bonuses. Markets to watch: GBP crosses 10am – German ZEW index (July): economic sentiment to rise to -5.9 from -21.1. Markets to watch: EUR crosses 1.30pm – US retail sales (June): sales to rise 0.3% MoM from 0.5%. Markets to watch: US indices, USD crosses Wednesday 9.30am – UK CPI (June): inflation to rise 2% YoY and 0.3% MoM, with core CPI up 1.9% YoY and flat MoM. Markets to watch: GBP cros
Read more

Johnson & Johnson’s single-dose COVID-19 vaccine

Image
Johnson & Johnson’s single-dose COVID-19 vaccine it could represent a  game changer and it could ensure we are vaccinated at a faster pace Johnson & Johnson (JNJ) started shipping its COVID-19 vaccine early this week and looing to increase supply fast. Johnson and Johnson’s vaccine is reported 72% in preventing moderate-to-severe COVID-19 in the U.S. Source:   https://finance.yahoo.com/news/johnson-and-johnson-single-dose-vaccine-is-absolutely-a-game-changer-vaccinations-to-pick-up-171204467.html
Read more

FCA proposes ban on cryptocurrency products

Image
The UK’s markets regulator has proposed a ban on financial instruments linked to digital cryptocurrencies, warning that such products could cause huge losses for retail consumers unlikely to understand their risks or value. The Financial Conduct Authority (FCA) said products such as derivatives and exchange-traded notes (ETNs) that reference crypto-assets were “ill-suited” to small investors. It cited their “extreme volatility”, the difficulty in valuing them, consumers’ patchy understanding of what they were buying and the increased risk of financial crime. Investors might “suffer harm from sudden and unexpected losses if they invest in these products”, the FCA said, estimating that a ban would benefit consumers to the tune of between £75m and £234.3m a year. Source: Theguardia n
Read more

Canadian Food Sector Prepares for Edible Cannabis

Image
The food industry is a $200-billion sector Canadian cannabis Market had bust news this week, a total of 59 new products were offered for sale by the Ontario Cannabis Store. The number of products available should increase to 100 in the coming months Between the products are edibles and drinks went on sale last Monday aiming no smokers consumers. The edibles is expected to had a much high profit margin and should help to recover the Canadian cannabis market and in certain extension fight against the cannabis black market. The government is also proposing changes in the legislation to facilitate the establishment of retail stores by licensed producers related to their production sites, which would further increase consumer access to legal retail stores.
Read more

President Donald Trump prepares to slap new tariffs

Image
Investors are bracing for signs of pressure on U.S. consumers as top retailers begin reporting quarterly results next week and key consumer sentiment and retail sales data is released. Trump’s planned 10% tariff on the remaining $300 billion in Chinese imports, which will largely affect consumer goods, unlike the previous round that fell heavily on industrial and business products. That could be a double-whammy for the U.S. economy, which is about 70 percent driven by consumers, and retailers. The S&P Retail index .SPXRT fell a total of 5.3% in the first three trading sessions following Trump’s Aug. 1 tariff announcement. As of Thursday’s market close, the index was down 1.6% for the month so far. Morgan Stanley has estimated that 25% tariffs would lead to a global recession. Retailers will have the dilemma of deciding whether to pass the tariffs on to consumers in the form of higher prices or absorb the higher costs, which would reduce profit margins.
Read more
Forex Screener by TradingView

Economic Calendar

Economic Calendar by TradingView

Live Chart

SPX chart by TradingView