Fundamental analysis for March 14, 2016

14 March, 2016

The ECB announced a mitigation program: the deposit rate was reduced from -0.3% to -0.4%, the base rate of 0.05% was lowered to zero (0.00%), the program redemption of assets increased from 60 billion to 80 billion per month. Now any investment-grade bonds, including corporate ones will be redeemed. The ECB adopted a new four-year program targeted to concessional loans (TLTRO) at zero percent.

Consumer prices in Germany remained unchanged in February compared with a year ago rate. The consumer price index remained unchanged after rising by 0.5 percent in January and by 0.3 percent in December. Consumer prices rose by 0.4 percent on a monthly basis. The index partly reversed the 0.8 percent decline in January. It was the highest inflation rate since March 2015.

Trade balance in the UK for the last month increased, contrary to out expectations. The index showed -10,29B compared to -10,45B in the previous month. These data were revised downward to -9,92B. Experts expected the index to decline over the past month to -10,30B.

The USA published Export Price Index for February. The index was expected to fall by 0.7% m / m. The index showed -6.0%.


Source link  
Positive market sentiment persists

On Tuesday, US markets continued to gain, after a positive start of the trading week on Monday. It is characteristic that on the positive sentiment...

Equity markets continue to decline

The last two trading days are marked by negative market dynamics, as equity indices are under pressure. On Wednesday, Europe was under pressure...

Asian equity indexes mixed

Asian indexes were mixed on Thursday following a soft close in Wall Street following a widely anticipated tax reform approval by Congress...


Mixed sentiment takes on in Asia

Asia markets were mixed on Monday, following a strong lead from Wall Street last week as market players looked ahead to fresh economic data, while...

Euro is firm at current levels

The preliminary estimate of the consumer price index in November rose to 1.5% from 1.4%. The data turned out to be less than expected...

Gold reversed some losses

The softer tone in the US Dollar allowed gold prices to reverse some losses. Buyers broke the upper limit of the selling channel and almost...


Pound tested 1.3200 and stopped

The buying interest persists in the market. All technical indicators are positive supporting buy orders. The resistance lies at 1.3300, the support comes...

Brent failed to approach 49.50

Sellers kept driving the benchmark lower the whole night and found an obstacle at 48.50. The resistance lies at 49.50, the support lies in at 48.50 dollars...

DAX index turned bearish

The benchmark broke 12600 first and then weakened down to 12527. Bulls returned control in the early European session and returned the price to 12600...


In the past 24 hours Bitcoin has gained 6.03% and reached $6685.73133311. Open your trading account with the best cryptocurrency brokers on special terms today.

In the past 7 days the EUR/USD pair has gained 0.5919% and is now at $1.1596. Start trading and making money on Forex today.

In the past 7 days Ethereum has lost -5.71% and is now at $213.876965476. Have the most popular cryptocurrencies compared online 24/7.


Top Brokers offering Forex Market Analysis



Forex Currencies Forecasts



Top 10 Forex Brokers 2018

# Broker Review
1easyMarketseasyMarkets91%
2FXTMFXTM88%
3HYCMHYCM87%
4Alfa-ForexAlfa-Forex86%
5FxProFxPro85%
6FIBO GroupFIBO Group84%
7OctaFXOctaFX83%
8HotForexHotForex82%
9FXCMFXCM80%
10AvaTradeAvaTrade77%
  


Share: