Fundamental analysis for February 16, 2016

February 16, 2016

The stock markets sentiment had significantly improved which forced the risky assets to retreat after a recent rally. The oil quotations recovery coupled with the Deutsche Bank news. The bank is planning to buy back bonds for the amount of 5 billions dollars. All these factors supported the demand for the dollar.

No important news were published yesterday. We believe that the euro won't show significant growth this week. The industrial production volume in the euro area decreased by 0.31% at the end of 2015, compared with a growth of 0.47% a year earlier. The strong euro is not in the European industrialists' interests and the ECB certainly understands that. The pair euro/dollar fell on the yesterday’s trades.

The 10-year government bonds yield is increasing in relation to their counterparts (USA and Germany) which increases the investments attractiveness in British assets. In addition, the Brent failing had its positive impact on the British currency as expected. Only by the end of the trades the pair pound/dollar slightly decreased.

Japan had published the Q4 GDP, the report did not show any surprises. The decreased household spending and the negative trade balance indicate an economic growth reduction. The 4th quarter GDP reached the level of 1.4% (y/y) vs. 1.2% (y/y) and 0.4% (q/q) vs. 0.3% (q/q). The pair dollar/yen shows a growth.

Publication source
Fort Financial Services information  Fort Financial Services reviews

December 2, 2016
Equities headed broadly south in Asia overnight
Revealed a solid 53.2 November ISM reading and a 0.5% October construction spending rise that followed big upward Q3 revisions, both of which lifted prospects for GDP. We also saw a 17k Thanksgiving week spike in claims that reversed the remarkably tight 333k Veteran's Day figure...
December 2, 2016
Silver lining for precious metals?
I do apologise in advance for bombarding you with lots of commodity reports, but ahead of Friday’s NFP report, the FX markets tend to create lots of false moves, so it is difficult to make much of todays moves...
December 2, 2016
Payrolls Friday. USDJPY doji, third time's a charm
Its payrolls Friday and the markets are expecting to see a solid print for November following Wednesday's ADP payrolls increase. Yesterday, the ISM and Markit's manufacturing PMI showed a strong increase in the reading...

Z.com Trade Rating
XTB Rating
FIBO Group Rating
Tickmill Rating
Larson&Holz IT Ltd Rating
FXCM Rating

Binary Brokerz Rating
Empire Option Rating
Porter Finance Rating
EZTrader Rating
Grand Option Rating
365BinaryOption Rating