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Calendar event / Yesterday at 10:59 GMTpreviousforecastactualMed Full year 2018 Preliminary results
Squawk / Yesterday at 8:05 GMTIt can seem a bit intimidating if you feel you’ve got a lot to revise, so study small sections at a time – take a brief five-minute break after finishing one section before tackling the next.
Squawk / Yesterday at 6:57 GMTWTI’s weekly focus is supply by Stephen Pope
Oil market is focused on supply
OPEC and OPEC + have controlled the high level of production
Oil demand is expected to grow at a moderate pace in 2019
Technical sentiment is positive in the short-term
See the full article here: https://www.fxexplained.co.uk/forex-articles/fundamental-and-macroeconomic-analysis/wtis-weekly-focus-is-supply/
Calendar event / Yesterday at 0:30 GMT
SG Merchandise Trade, incl non-oil domestic exports (NODX)previousforecastactualMed Non-Oil Exports, Y/Y%-10.1%-2.2%+4.9%Med Electronics Exports, Y/Y%-15.9%-8%Med Non-Electronics Exports, Y/Y%-7.9%+9.4%Med Pharmaceutical Exports, Y/Y%+15.4%+12%
Calendar event / Friday at 14:00 GMT
US University of Michigan Survey of Consumers - preliminarypreviousforecastactualHigh Mid-Mo Sentiment95.595.397.8Med Mid-Mo Current Idx110111.2Med Mid-Mo Expectations86.289.2
Calendar event / Friday at 13:15 GMT
US Industrial Production & Capacity UtilizationpreviousforecastactualHigh Industrial Production, M/M%-0.6%+0.3%+0.1%High Capacity Utilization %78.2%78.4%78.2%Med Capacity Utilization, Net Chg (Pts)-0.6-0.1
Calendar event / Friday at 10:00 GMT
EU Harmonised CPIpreviousforecastactualHigh CPI, Y/Y%+1.4%+1.5%+1.5%High Core CPI, Y/Y%+1.1%+1%+1%Med CPI, M/M%-1%+0.3%+0.3%Med Core CPI, M/M%-1.5%+0.3%+0.3%Med Ex-Tobacco, M/M%-1.1%+0.3%Med Ex-Tobacco, Y/Y%+1.3%+1.4%
Squawk / Friday at 7:24 GMTGold Technical Overview: Gold trading at 1297, above the key support at 1296 now, downside day support stands at 1292 the earlier resistance now turned to support. As trend remains firm, for the day can be in sideways trade where downside 1285 and upside 1315 can be the range levels. For the coming session one can hold or buy from every low till 1290 levels for upside 13011-15 zones. Overall buy on dips is advised for the day with hurdles at 1302 and 1308 meanwhile.
Squawk / Friday at 6:23 GMTEuropean averages join US indices with bullish extensions
In yesterday’s report here we highlighted that the main US equity indices have produced aggressive rallies back higher this week, with both the Nasdaq 100 and S&P 500 hitting new highs for 2019.
This has been driven by solid US macroeconomic data and an easing of global growth concerns, as the UK has moved away from a No Deal Brexit scenario with the recent votes in the UK Parliament.
Over the past 24 hours, other European stock indices have played a technical catch up, with some of the major European stock averages also now achieving new highs for 2019.
Here we focus on the broad European benchmark average, the EURO STOXX 50 and the UK yardstick, the FTSE 100.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/european-averages-join-us-indices-with-bullish-extensions/
Calendar event / Thursday at 16:59 GMT
US Gilead SciencespreviousforecastactualMed Dividend0.63