Forex Market Updates 18.11.2014 Super Mario sent the Euro to - TopicsExpress



          

Forex Market Updates 18.11.2014 Super Mario sent the Euro to the bottom again - News - The European Central Bank president used his final quarterly testimony of 2014 to the European Parliament to call for political action that complements monetary policy, insisting his institution alone can’t fix the region’s economy. - Capital Markets – Draghi will succeed in boosting the ECB’s balance sheet back toward 3 trillion euros ($3.74 trillion) - Indexes - The benchmark indexes have closed the past five days with a move of less than 0.1 percent in either direction, the longest such stretch since 1969. - Gold - Falls from two-week high as Dollar rallies after Draghis speech - Petrol - Oil has slumped into a bear market as U.S. output surges to the highest level in more than three decades, adding to concern there is a supply glut as demand wanes. - EUR/USD – The euro fell versus most of its 31 major peers as European Central Bank President Mario Draghi said stimulus to lift the euro area’s “abysmal” performance may include buying government bonds. - Stock Market – European Central Bank President Mario Draghi explicitly said government-bond buying as a policy tool officials could use to stimulate the economy if the outlook worsens. Economic News Eurozone: - EUR - ZEW Economic Sentiment, Tuesday 12:00 – The Valuation of the institutional Investors sentiment for 6-month economic outlook for the Eurozone. Strategists forecast by 4.3 is positive for the Euro. UK: - GBP – CPI, Tuesday 11:30 - Change in the price of goods and services purchased by consumers is expected to keep the same level of 1.2% - GBP – PPI, Input Tuesday 11:30 - The price of goods and raw materials purchased by manufacturers. Expected estimate is /-1.4%/ - GBP – PPI Output, Tuesday 11:30 - Measurement of the price changes of goods produced by UK manufacturers. Analysis forecast is /-0.2%/ USA: - USD – PPI, Tuesday 15:30 - The average changes in prices in primary markets of the US by producers of commodities. Strategists expected the same level of /-0.1%/ - USD - NAHB Housing Market Index, Tuesday 15:30 - Level of current and future single-family home sales. Expected Index estimate is 55. Join us for MORE!!! bit.ly/1lE2lZg
Posted on: Tue, 18 Nov 2014 06:38:42 +0000

Trending Topics



Recently Viewed Topics




© 2015