Fundamental analysis for April 08, 2016

April 8, 2016

The market received a weak Industrial Production report. The index lost 0.5%, the forecast was 1.8%. The published Fed minutes confirmed Yellen’s words regarding the external risks and slowing down with the rate hike. The market lowered its expectations to 46.5% that the Fed would hike the rate in September. At the same time the market gives 50% that the rate hike will happen in November and 52.5% that in December.

The ECB minutes publication and Mario Draghi’s performance became the main events of Thursday. Initial Jobless Claims showed 267K with the forecast of 270K. Consumer Credit Change showed $17,22B with the forecast of 14.74B

The UK published House Prices report for March. The housing prices rose by 10.1%. Economists expected that the growth rate slightly would weaken to 9.5%. The housing prices rose by 2.6% in monthly terms. Analysts expected the prices to grow only by 0.7%.

Publication source
Fort Financial Services information  Fort Financial Services reviews

February 17, 2017
US dollar poised to end the weak on a bearish note
The US economic data continued to post strong gains with building permits and Philly Fed manufacturing index beating expectations strongly. However, the markets were not quite impressed despite the data points supporting the hawkish Fed for more rate hikes...
February 17, 2017
Brent remained rather unchanged
There seems to be little drive for any real direction now. Brent remained rather unchanged on Thursday staying in a tight range above 55.50 dollars per barrel. The Asian upward impetus lost it legs when European markets opened...
February 16, 2017
U.S. dollar remained near its fresh highs
After touching the level 1.0550 the euro bounced off and was able to reverse a minor part of its losses. The overnight’s recovery attempt stalled just under 1.0600 barrier. The pair came under renewed selling pressure and slipped into negative territory in the late Asian session...

Tickmill Rating
Cms Trader Rating
 FXTM Rating
OANDA Rating
Larson&Holz IT Ltd Rating
Fort Financial Services Rating

Porter Finance Rating
Migesco Rating
OptionFair Rating
GTOptions Rating
99Binary Rating
TopOption Rating