Hotforex.com - Market Analysis and News.

Re: Hotforex.com - Market Analysis and News.

Date : 17th July 2019.

MACRO EVENTS & NEWS OF 17th July 2019.



FX News Today

* Stronger than expected US retail sales data put some pressure on bond markets.

* However, Equities turned lower as trade uncertainty returns.

* After the Chicago Fed President Evans flagged two rate cuts this year and US President Trump threatened to put another USD 325 bln of tariffs on Chinese goods, Stock markets were nervous and risk aversion lingered.

* US stock futures are posting fractional gains and Topix and Nikkei are currently down -0.05% and -0.27% respectively.

* Released overnight, a -17.3% decline in Singapore non-oil exports highlighted the damaging impact of global trade tensions.

*** Bunds rallied from the off today and European stock futures are in the red after a mixed session in Asia, despite the prospect of additional easing measures.

* Bank of America and Netflix are due to report results today.

Charts of the Day





* USOIL: WTI crude has fallen 3% on the session following comments from US Secretary of State Pompeo in a cabinet meeting, who said for the first time, Iran is prepared to negotiate on its missile program. This news may signal a shift of policy in Iran, perhaps set to lower geopolitical tensions in the Mideast. The WTI contract has fallen from earlier highs just over $60.00 to $57.06 lows. Support now holds at $57.30 and $56.30. Resistance is set at $58.07 and $58.75.

Main Macro Events Today

****Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.



Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 18th July 2019.

MACRO EVENTS & NEWS OF 18th July 2019.



FX News Today

* Bonds were supported by ongoing trade concerns, with the tensions between Japan and South Korea add to the lingering concerns about US-Sino relations.

**** Concerns about a weak earnings season are putting pressure on stock markets.

* The USA100 futures dipped -0.6% so far after Netflix Inc posted a surprise loss of US customers.

* The GER30 future is underperforming as well amid a broad based decline in European and US stock futures after a weak session in Asia overnight.

* The WTI future meanwhile is trading at $56.70 per barrel.

* Fears of a no deal Brexit scenario also continue to cloud over the outlook but while the ECB is expected to at least introduce an official easing bias next week, before cutting rates in September.

*Charts of the Day





*Main Macro Events Today

***Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.



Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 22nd July 2019.

MACRO EVENTS & NEWS OF 22nd June 2019.



* No deal Brexit risks will continue to unsettle markets next week as the two candidates hardened their rhetoric in end stages of the party elections. The ECB however will stand out as the event of the week,with Brexit uncertainty an important part of the overall outlook. Have a look at the most important events of the coming days in our usual weekly publication.



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*Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.


Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 23rd July 2019.

MACRO EVENTS & NEWS OF 23rd July 2019.



FX News Today

* Global stock markets have been buoyant.

*** Stock futures in the US and Europe are moving higher, led by a 0.6% rise in the GER30 future as markets hopes for at least a dovish signal from the ECB on Thursday, with some lingering hope that the central bank will already move this week.

* A meeting between tech executives and White House officials yesterday sparked hopes of progress on Huawei, which would help to clear hurdles for fresh face to face trade talks between China and the US.

* RBNZ has reportedly been taking a fresh look into unconventional measures and hopes of easing from not just the Fed, but also the ECB helped to underpin sentiment as did an announcement from US President Trump of a bipartisan deal to suspend the borrowing limit and boost government spending levels for two years.

* Oil prices remain underpinned by ongoing tensions in the Middle East, leaving the WTI future trading at USD 56.31 per barrel.

Charts of the Day





**Main Macro Events Today

**Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.



Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 24th July 2019.

MACRO EVENTS & NEWS OF 24th July 2019.



FX News Today

* In Europe, Core EGB yields declined in the PM session with Gilts outperforming Bunds after the crowning of Boris Johnson as the new leader of the UK Conservative Party.

* Johnson is now set to be confirmed as Prime Minister tomorrow and investors are raising their no-deal Brexit bets, which is also fuelling easing expectations.

*** Stock markets meanwhile rallied on the combination of positive earnings reports and hopes of further central bank support.

Charts of the Day





** USDCAD rallied to July highs, topping at 1.3162 in early North American trade, and up from post-Monday close lows of 1.3111. General USD strength, coming as the market scales back its Fed easing expectations, has provided support to the pair. In addition, a lack of upside in WTI crude, despite geopolitical concerns, largely with Iran, has weighed on the CAD as well. The June 26 high of 1.3196 is the next resistance level if the asset moves above 1.3160, though buy-stops are expected over the 1.3200 level. On the flipside Support is set at 1.3120-1.3125 area. A move below the latter could open the doors below 1.3100 area.

Main Macro Events Today

**Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.



Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 25th July 2019.

MACRO EVENTS & NEWS OF 25th July 2019.



FX News Today

*** Earnings reports and expectations for further central bank support have helped to underpin equity markets this week, but while markets are looking for a clear easing signal if not a cut from the ECB today, Asian equity markets moved only cautiously higher.

* Worse than expected losses from Tesla and reports that North Korea resumed missile launches highlighted not only that geopolitical risks remain high, but also that overall valuations are already lofty.

* US futures are mixed, with NASDAQ futures underperforming and down -0.2%.

* USOIL spiked to $57.60 on another 10 million barrel draw-down but sank to $56 on weak global economic outlook on the back of the manufacturing PMI data.

* Euro touched its lowest since May 31 following the weak Eurozone PMIs during the London morning session, printing 1.1127.

* Gold continues to track sideways with Support at 1,420 and Resistance at 1427.

Charts of the Day





* EURUSD touched its lowest since May 31, following the weak Eurozone PMIs during the London morning session. Euro weakness has been a feature this week, in anticipation of ECB meeting, where a shift to an easing bias is universally anticipated. Given the weak PMIs, there is a chance the Bank may even cut rates modestly, which would likely weigh further on EURUSD. Next support comes at the June low, of 1.1159 and the 2019 low of 1.1107 seen on May 23.

Main Macro Events Today

****Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.



Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 30th July 2019.

MACRO EVENTS & NEWS OF 30th July 2019.



FX News Today

* Treasury yields slip along with core EGBs after BoJ and looking to 25 bp Fed cut and dovish stance.

* BoJ kept policy on hold but promised to act aggressively with additional easing measures if its policy goals are threatened.

* European stock futures are marginally higher, alongside gains in US futures after a largely positive session for stocks in Asia.

* US-Sino trade talks resume today.

* In Europe, a no-deal Brexit scenario is looking increasingly certain as the new PM in London steps up the hostile rhetoric and focuses on selling no-deal at home, while showing no interest in re-opening the lines of communication with Brussels.

* GBP losses accelerated on no-deal Brexit risk; hit major trend lows vs USD and others.

* The WTI future lifted to USD 57.20 per barrel.

* German GfK consumer confidence fell back to 9.7 in the advance August reading. With no improvement in manufacturing the improvements on the German labour market are running out of steam and ultimately that will also impact consumption going down the line.

Charts of the Day





*Main Macro Events Today

**Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.



Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 5th August 2019.

MACRO EVENTS & NEWS OF 5th August 2019.



* Following the FOMC meeting last week, two interest rate decisions (RBA and RBNZ) are scheduled next week. An on-hold stance is expected from RBA and more easing by RBNZ. From an economic perspective, GDP releases are the highlights, while with the focus on geopolitical trade tensions, data releases are likely to be overlooked.



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**Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.


Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 6th July 2019.

MACRO EVENTS & NEWS OF 6th July 2019.



FX News Today

* Bond as well as stock markets were under pressure during the Asian session.

* Global equities in general, continued to get hammered by the escalation in trade tensions.

* Data was thin, but the disappointing ISM services report added marginally to the bearish tone in stocks.

*** With the US-Sino trade spat rapidly escalating investors are heading for cover amid fears that the U.S. will up the threatened additional tariffs to 25% from the 10% President Trump had mentioned so far.

* German manufacturing orders jumped 2.5% m/m in June, a much stronger than expected reading, that partly compensated for the -2.0% m/m decline in May.

* The front end WTI future is currently trading at $55.29 per barrel.

Charts of the Day





* EURUSD printed 2-week highs of 1.1249, up from lows of 1.1170 yesterday. The latest trade was escalations between the US and China, have ramped up Fed easing speculation, with a September 25 bp rate cut fully priced into the market. This has given the Dollar a hard time of late, resulting in the DXY dropping from over 2-year highs last week, to 2-week lows on Monday. The Euro is currently over its 20-day moving average at 1.1185 for the first time in nearly a month, and now has sights set on the 50-day MA at 1.1235 and 200-day MA at 1.1295.

** USDCAD pulled back from overnight highs of 1.3220, falling to 1.3202. Oil prices remain a driver of USDCAD direction, while concerns over slowing global growth could keep crude prices under pressure, resulting in a higher USDCAD.

Main Macro Events Today

*Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.



Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 7th August 2019.

MACRO EVENTS & NEWS OF 7th August 2019.



FX News Today

* RBNZ surprises markets with hefty 50 bps cut; official rate now at 1.00%.

** Decisive action from central banks in New Zealand and India also fueled fresh speculation of deep cuts from the likes of Fed and ECB.

** The NZD dropped sharply as a result and AUD was also dragged lower as the 10-year rate dropped -8.3 bp, with traders expecting the RBA to follow.

* Still, pressure eased somewhat in stock markets, after China took steps to steady the Yuan yesterday.

* JPN225 is down -0.27%.

* US futures are in the red after a positive close on Wall Street yesterday and the WTI future is trading at just USD 53.66 per barrel.

* In Europe, German production numbers at the start of the session underpinned easing hopes.

* German industrial production slumped -1.5% m/m in June, with the May reading revised down to just 0.1% m/m.

* The German curve has already settled below zero and pressure on Draghi to not just cut rates but restart asset purchases is mounting.

Charts of the Day





* NZDUSD: The New Zealand Dollar over 2% in hitting its lowest level against the US Dollar since January 2016, at 0.6377, and trading at near seven-year lows in the case against the Yen. This followed a more aggressive than expected 50 bp rate cut by the RBNZ to an all-time low 1.00%, which was pinned on flagging growth conditions as a consequence of simmering trade tensions and a global economic slowdown.

* AUDUSD fell in sympathy, with the RBA, after cutting rates in June and July, having signalled yesterday that more rate cuts could be in the pipeline. The pair smashed through the early January flash-crash low on route to printing a 10-year nadir at 0.6677. AUDJPY also dove into 10-year low territory.

** EURUSD continued to orbit the 1.1200 level. Sterling came back under pressure after a positional-driven rally earlier in the week. Cable nudged back under 1.2150 after failing to sustain gains above 1.2200, while EURGBP lifted back above 0.9200, drawing back in on the 24-month high at 0.9249.

Main Macro Events Today

*Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.



Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 8th August 2019.

MACRO EVENTS & NEWS OF 8th August 2019.



FX News Today

* Markets remained choppy Wednesday amid heightened fears over the bearish signals from the drop in rates.

* Better than expected China trade numbers, which showed a rebound in exports helped to underpin sentiment after a slightly higher than anticipated Yuan fixing.

* Fears about the impact of the escalating trade conflict eased somewhat, also helped by news that Japan will allow some exports of semiconductor manufacturing material to South Korea, which suggests easing tensions between the two countries.

* Wall Street losses were pared and the NASDAQ recovered into the green. US futures are up 0.4-0.7%.

* Investors remain jumpy and markets volatile, however, while the inversion of the yield curve looks worrying and highlights the rise in recession fears.

* Oil remains sharply weaker on growth fears and widening supply-demand dynamics. It is currently trading at $52.70.

* The official fixing of the onshore Yuan today was at a new 10-year plus low against the Dollar.

* RBNZ Governor Orr also repeated that negative rates are a possibility, which comes a day after the central bank caught widespread attention by implementing its first 50 bp easing since the immediate aftermath of 9/11.

Charts of the Day





*Main Macro Events Today

**Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.



Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 12th August 2019.

MACRO EVENTS & NEWS OF 12th August 2019.



* Following a week of aggressive global central bank easing, with the escalation of the US-China trade war that is looking to have turned into a currency war, markets might take a small breath in the week ahead. However, the markets expected to remain volatile as the week is packed of economic data releases.



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**Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.

Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 19th August 2019.

Events to Look Out for This Week.



Trade worries remain and are expected to keep flip-flopping between risk-off and risk-back-on sentiment. Hopes for more central bank stimulus vies with fears that a number of major economies are simultaneously heading for recession, with a number of developing-world economies with high Dollar debt levels particularly exposed to the shifting financial cycle. Given these fears, further conciliatory remarks are likely from both China and the US with regard to their trade spat. Nevertheless, next week the economic calendar also focuses on the PMI releases globally.



* Consumer Price Index and Core (EUR, GMT 09:00)

* Monetary Policy Meeting Minutes (AUD, GMT 01:30)* Manufacturing Sales (CAD, GMT 12:30)[/B]

* Consumer Price Index (CAD, GMT 12:30)*FOMC Minutes (USD, GMT 18:00)

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*Services and Manufacturing PMI (EUR, GMT 07:30-08:00)*Services and Manufacturing PMI (USD, GMT 13:45)*New Zealand Retail Sales (NZD, GMT 22:45)Friday- 23 August 2019

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*Retail Sales ex Autos (CAD, GMT 12:30)Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work.


Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 20th August 2019.

MACRO EVENTS & NEWS OF 20th August 2019.



FX News Today

* Trade talk hopes and expectations of further stimulus measures kept stock markets underpinned during the Asian session.

* Treasury yields fell back as hopes of fiscal easing were scaled back somewhat.

** The 10-year rate is down 1.5 bp at 1.591%, JGB yields dipped -0.1 bp to -0.241%.

*** RBA Minutes: The minutes to the early-August RBA policy meeting were released without surprises, affirming its wait-and-see-easing-bias stance while repeating its view that the weaker currency will help exports and tourism.

** Topix and Nikkei are currently up 0.7% and 0.5% respectively. The Hang Seng is up 0.09% but the Shanghai Comp down 0.01%.

* European stock futures are slightly higher, as are US futures after a largely positive session in Asia.

* The WTI future is trading at USD 56.30 per barrel.

Charts of the Day





*Main Macro Events Today

*Support and Resistance levels



Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.


Andria Pichidi
Market Analyst
HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Re: Hotforex.com - Market Analysis and News.

Date : 21st August 2019.

MACRO EVENTS & NEWS OF 21st August 2019.



FX News Today

* Wall Street suffered another bout of weakness inspired by declines in Treasury yields.

* The USA500 lost near 0.8% after a late selloff, with the USA30 off 0.66%, ending the recent run of gains.

*** The markets will remain focused on the Fed today with the release of the minutes from July 30, 31 FOMC with hopes for dovish signals. Nearly 70 bps in easing is expected over the rest of the year.

* Top negotiators from Japan and the US will meet this week to try and narrow the gaps in ongoing trade talks, but hopes that there will be substantial progress on the key issues agriculture and automobiles seem to be fading.

* Italian BTPs outperformed yesterday on hopes that new elections can be avoided and that an alternative coalition government can be found to bring at least the 2020 budget underway helped to underpin Italian assets on Tuesday and at least so far there is no sign of contagion risks.

*** The WTI future is trading at USD 56.36 per barrel.

Charts of the Day





** USDCAD rallied yesterday at 1.3344 a 2-month high, as WTI crude fell $1/bbl to $55.20, and as Canada manufacturing data came in on the soft side. USDCAD later pulled back toward 1.3310 as oil recovered some lost ground. The 200-day MA at 1.3305 becomes support now, after closing above the level on Monday. Resistance is the June 19 top of 1.3383.

Main Macro Events Today

**Support and Resistance levels



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Andria Pichidi
Market Analyst
HotForex

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