27 July, 2015
Markit Economics has presented the France and the Germany manufacturing sectors business climate data. The France industrial sector business climate will amount 49.6 in July, the Germany industrial sector business climate will amount 51.5.
There is the production orders growth in both economies amid the euro devaluation which increases the products competiveness abroad.
The euro is still correcting relative to the US dollar, breaking through the resistance level of 1.0925 upwards. The pair is consolidating above this level.
The price is finding the first support at 1.0925, the next one is 1.0790. The price is finding the first resistance at 1.1050, the next one is at 1.1150.
The price is in the Cloud and it is under the Chinkou Span. The Tenkan-sen and the Kijun-sen show a horizontal movement and form a “Golden Cross”.
The MACD indicator is in a positive territory. The price is consolidating.
We believe the growth will be continued now. The first target is the level 1.1050. The next targets are the levels of 1.1150, 1.1260.
Asian equity indexes moved into green territory on Tuesday despite a weak lead from Wall Street on the back of higher Treasury yields and as traders await...
The light news flow and a break in US-Chinese trade rhetoric give the equity markets a positive momentum amid so far positive reporting season in the US...
UK Average Earnings excluding Bonus (3Mo/Yr) (Feb) is expected to come in at 2.8% from 2.6% previously. Claimant Count Change (Mar) is expected...
Markets in Asia were mixed on Monday amid rising geopolitical tensions following a western air strike over Syria and as investors await for fresh...
Well, the global markets remained under pressure on the background of geopolitical risks and the expectations of missile strikes on Syria. It is...
Asian equities higher on Thursday, as market participants weighed a potential increase in commercial tensions between the world's two largest...
After strong sales on the first day of the week, on Tuesday US markets showed a positive trend on technical rebound. US indices added on average...
Yesterday, American markets experienced a real sale-off, indices fell by almost 3 percent. Earlier in the Asian trading, Chinese Shanghai Composite lost almost 4%...
Markets in Asia traded mainly higher on Thursday following a widely expected Federal Reserve interest rate hike and upgrade of the US gross domestic...
|8||Fort Financial Services||67%|