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  • Squawk / Yesterday at 21:20 GMT
    Senior Analyst / Tallinex.com
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (July 25 - 29, 2016)


    EURUSD
    Dominant bias: Bearish
    This pair consolidated to the downside last week, moving south by only 100 pips and closing above the support line at 1.0950 on Friday. There is a “sell” signal in the market and price might test the support lines at 1.0900, 1.0850 and 1.0800 this week, because USD is expected to gain some stamina. Most major pairs did not move significantly last week, but movements in the markets this week would be stronger than the movements last week.

    USDCHF
    Dominant bias: Bullish
    Last week, USDCHF was able to maintain its bullishness despite constant threats from bears. Price did not go upwards strongly but it is now above the important support level of 0.9800. There is a major obstacle to bulls, located at the resistance level of 0.9900. Bulls have carried out failed attacks into that resistance level, and they are yet to give up doing that.

    Source: www.tallinex.com
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  • Article / Friday at 16:00 GMT

    Monetary accommodation is still trump

    Head of Trading / The ECU Group plc
    United Kingdom
    Monetary accommodation is still trump
    Even with yields next to nil or negative, monetary accommodation still trumps just about any other macroeconomic argument you could come up with, and we expect further easing — possibly in concert with fiscal policies. For instance, we increasingly expect the UK to embark on monetary easing, likely a combination of a rate cut and further QE,
    Read the article
  • Video / Friday at 14:13 GMT

    S&P 500 Q2 earnings update: Garnry

    Peter Garnry
    57 companies in the S&P 500 have reported Q2 earnings. Revenue and earnings are positive so far.

    Financials are the winners with gains on both the top and bottom line. Aggregate earnings among financials is down 9% year-on-year, while the total aggregate earnings is down 6%.

    According to Saxo Bank's Head of Equity Strategy Peter Garnry the price of 7.5x Forward Earnings is under pressure if earnings are weak. We’ll soon know - 250 companies are reporting this week.
    watch video
    1d
    Market Predator Market Predator
    Please see picture:
  • Calendar event / Friday at 12:30 GMT

    CA CPI

    forecast
    actual
    Med All Items CPI, M/M%
    +0.2%
    Med All Items CPI, Y/Y%
    +1.4%
    +1.5%
    Med Core CPI, M/M%
    0%
    Med Core CPI, Y/Y%
    +2%
    +2.1%
  • 2d
    J R J R
    Where can I find the morning call links now?
  • Calendar event / Friday at 8:00 GMT

    EU Eurozone Flash PMI

    forecast
    actual
    High PMI, Mfg
    52
    51.9
    Med PMI, Composite
    52.4
    52.9
    Med PMI, Services
    52.3
    52.7
  • Calendar event / Friday at 7:30 GMT

    DE Germany Flash PMI

    forecast
    actual
    High PMI, Mfg
    53.4
    53.7
    Med PMI, Composite
    55.3
    Med PMI, Services
    53.2
    54.6
  • Article / Friday at 7:00 GMT

    Morning Markets: All eyes on the PMIs

    TradingFloor.com Team / Saxo Bank
    Denmark
    Morning Markets: All eyes on the PMIs
    Asian stocks took a breather today after a week of strong sessions although the falls were relatively limited. All eyes will be on Europe later as July’s flash PMIs provide a first glimpse into how the Eurozone is dealing with the uncertainty following Brexit.
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