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 –31– Aug
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The pound slipped lower agains the U.S. dollar on Tuesday, re-approaching a one-week
trough after the release of downbeat U.K. data and as expectations for a U.S. rate hike be-
fore the end of the year continued to support the greenback.GBP/USD hit 1.3060 during
European morning trade, the session low; the pair subsequently consolidated at 1.3068,
shedding 0.28%.Cable was likely to find support at 1.2871, the low of August 18 and resis-
tance at 1.3280, the high of August 26.The Bank of England earlier reported that net lend-
ing to individuals increased by £3.8 billion in July, compared to expectations for a £4.9 bil-
lion rise. Net lending to individuals increased by £5.1 billion in June, whose figure was re-
vised from a previously estimated gain of £5.2 billion.
The pair continued to trade lower in choppy trading on Monday and it finished way above
the intraday low at 1.1187, for a small loss of 10 pips or -0.08%. The cross traded in a nar-
row daily range of 50 pips with a high of 1.1208 and a low of 1.1158. Further, the pair
closed the day well below the 61.8% Fibonacci retracement level at 1.13 on Monday. In the
absence of fundamentals from Eurozone, all eyes were on the few U.S. announcements of
the day. The PCE Index and Personal Spending were both in line with expectations, but the
market’s reaction was still bearish regarding the pair as U.S. stock markets rebounded on
Monday.
Forex - GBP/USD slips lower after downbeat U.K. data
Forex - Aussie, kiwi slip lower vs. broadly stronger greenback
Forex - Yen weaker in Asia as dollar gains continue
3. Iforex Market Insight
Date – 31– Aug
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Wednesday, August 31, 2016
All Day Holiday Malaysia - National Day
05:20 JPY Industrial Production (MoM) (Jul) 0.8% 2.3%
06:30 AUD RBA Assist Gov Debelle Speaks
06:30 NZD ANZ Business Confidence (Aug) 16.0
07:00 AUD Private Sector Credit (MoM) (Jul) 0.4% 0.2%
11:30 GBP Nationwide HPI (MoM) (Aug) -0.3% 0.5%
11:30 GBP Nationwide HPI (YoY) (Aug) 4.8% 5.2%
12:45 USD FOMC Member Rosengren Speaks
14:30 EUR Core CPI (YoY) (Aug) 0.9% 0.9%
14:30 EUR CPI (YoY) (Aug) 0.3% 0.2%
14:30 EUR Unemployment Rate (Jul) 10.0% 10.1%
17:30 USD FOMC Member Kashkari Speaks
17:30 INR GDP Quarterly (YoY) (Q1) 7.6% 7.9%
17:45 USD ADP Nonfarm Employment Change (Aug) 175K 179K
19:15 USD Chicago PMI (Aug) 54.0 55.8
19:30 USD Pending Home Sales (MoM) (Jul) 0.6% 0.2%
20:00 USD Crude Oil Inventories 1.310M 2.501M
20:00 USD Cushing Crude Oil Inventories 0.375M
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
EPIC RESEARCH SINGAPORE
1,Raffles Place # 44-02
Singapore(048616)
www.epicresearch.sg
HNI & NRI SALES CONTACT
2117 Arbor Vista DR.
Charlotte (NC)
Cell:+1 704 249 2315