Epic Research offers perfect Forex Signals for their clients that gives accurate results. Our research team with its past experience prepares live charts and track-sheets of IForex Signals through which traders can earn maximum profit from the market place. This report helps you to achieve desired success in the SGX Stock Exchange.
2. www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date– 1– July
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The euro fell against the other major currencies on Tuesday ahead of what looked to be an al-
most certain default by Greece on a €1.6 billion loan repayment to the International Monetary
Fund later in the day. EUR/USD was down 0.65% to 1.1162, falling back towards the one-
month lows of 1.0953 struck on Monday after the crisis in Greece escalated. Greece’s bailout
program was due to expire on Tuesday and without a rescue package in place Athens would
almost certainly fall into arrears on a loan repayment due to the IMF. A default by Greece
would add to fears over the country’s solvency and fuel doubts over the condition of Greek
banks and the collateral they use for European Central Bank loans.
The pound was almost unchanged against the U.S. dollar on Tuesday, after mixed economic re-
ports from the U.K. and as demand for the safe-haven greenback remained supported mid
growing concerns over Greece's debt crisis. GBP/USD hit 1.5693 during European morning
trade, the session low; the pair subsequently consolidated at 1.5728. Cable was likely to find
support at 1.5622, the low of June 17 and resistance at 1.5832, the high of June 23. The U.K.
Office for National Statistics said gross domestic product expanded at a rate of 0.4% in the first
quarter, up from a previous estimate of 0.3% and in line with expectations. Annualized GDP
grew at a rate of 2.9% in the first quarter, up from an initial forecast of 2.4% and beating ex-
pectations for a 2.5% increase. he U.K. current account recorded a deficit of £26.5 billion in the
first quarter, narrowing from a deficit of £28.9 billion in the fourth quarter, whose figure was
revised from a deficit of £25.3 billion.
FOREX - Euro down 0.6 pct on month-end flows, clock ticks for Greece
FOREX - Euro slumps as probable Greece default looms
FOREX-Euro holds gains vs dollar as Greek debt saga plays out
3. Iforex Market Insight
Date– 1– July
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Wednesday, July 1, 2015
All Day Holiday Hong Kong - Hong Kong Special Administrative Region Establishment Day
All Day Holiday Canada - Canada Day
All Day Holiday New Zealand - Queen's Birthday
02:00 USD API Weekly Crude Stock -3.200M
03:30 USD FOMC Member Bullard Speaks
05:00 AUD AIG Manufacturing Index 52.3
05:20 JPY Tankan All Big Industry CAPEX (Q2) 5.2% -1.2%
06:30 CNY Chinese Manufacturing PMI (Jun) 50.3 50.2
06:30 CNY Chinese Non-Manufacturing PMI (Jun) 53.2
07:00 AUD Building Approvals (MoM) (May) 1.0% -4.4%
07:15 CNY Chinese HSBC Manufacturing PMI (Jun) 49.6 49.6
12:45 EUR Spanish Manufacturing PMI (Jun) 55.5 55.8
13:00 CHF SVME PMI (Jun) 49.9 49.4
13:25 EUR German Manufacturing PMI (Jun) 51.9 51.9
13:30 EUR Manufacturing PMI (Jun) 52.5 52.5
14:00 GBP Manufacturing PMI (Jun) 52.5 52.0
17:45 USD ADP Nonfarm Employment Change (Jun) 218K 201K
19:30 USD ISM Manufacturing Employment (Jun) 52.0 51.7
19:30 USD ISM Manufacturing PMI (Jun) 53.1 52.8
20:00 USD Crude Oil Inventories -2.075M -4.934M
5. The information and views in this report, our website & all the service we provide are believed to be reliable,
but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose
the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein
is based on analysis and up on sources that we consider reliable. This material is for personal information and
based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report
does not provide individually tailor-made investment advice. Epic research recommends that investors inde-
pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a fi-
nancial adviser. Epic research shall not be responsible for any transaction conducted based on the information
given in this report, which is in violation of rules and regulations .
The share price projections shown are not necessarily indicative of future price performance. The information
herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to
epic research might be holding positions in the stocks recommended. It is understood that anyone who is
browsing through the site has done so at his free will and does not read any views expressed as a recommen-
dation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of
the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market
has its own risks.
EPIC RESEARCH SINGAPORE