The daily market review provides an overview of recent economic news and events that may impact financial markets. Key points include: inflation data from the UK is expected to show consumer prices rising to a 3-year high; US stock indices closed slightly lower for the third straight day without major news; and oil prices rose as an OPEC-led production cut is expected to be extended to support the market. Daily support and resistance levels are also provided for various currency pairs.
India rupee slips as risk sentiment subdued before fed decisionRoute Forex
The Indian rupee was lower against the dollar in early trade, as caution ahead of the Federal Reserve’s policy decision kept investors away from risk assets. Risk-off sentiment in the global markets has been weighing on the rupee, while importers will also step up greenback purchases. Volumes are expected to remain muted ahead of Fed decision and a local holiday tomorrow. Dollar purchases for next week’s FX swap auction will also be watched for further cues.
India rupee jumps on upbeat risk mood after brexit deal changesRoute Forex
The Indian rupee hit an over two-month high against the dollar in early trade, aided by buoyant risk sentiment amid changes to the Brexit deal ahead of a vote by U.K. lawmakers. Risk-on rally has lifted the rupee. The local currency opening above its key resistance of 69.80 paved way for further appreciation. Dollar inflows in local stocks continue to be supportive of the domestic unit. However, higher crude oil prices and fears of RBI intervention may keep speculative flows in check.
Optimism over the health of the U.S. economy weakened after data on Monday showed that U.S. consumer spending fell at the fastest rate since September 2009 in December.
gold futures for April delivery rose 0.13% to trade at $1,261.90 a troy ounce.
silver futures for March delivery fell 0.02% to trade at $17.318 a troy ounce.
copper for March delivery gained 0.30% to trade at $2.586 a pound.
India rupee slips as risk sentiment subdued before fed decisionRoute Forex
The Indian rupee was lower against the dollar in early trade, as caution ahead of the Federal Reserve’s policy decision kept investors away from risk assets. Risk-off sentiment in the global markets has been weighing on the rupee, while importers will also step up greenback purchases. Volumes are expected to remain muted ahead of Fed decision and a local holiday tomorrow. Dollar purchases for next week’s FX swap auction will also be watched for further cues.
India rupee jumps on upbeat risk mood after brexit deal changesRoute Forex
The Indian rupee hit an over two-month high against the dollar in early trade, aided by buoyant risk sentiment amid changes to the Brexit deal ahead of a vote by U.K. lawmakers. Risk-on rally has lifted the rupee. The local currency opening above its key resistance of 69.80 paved way for further appreciation. Dollar inflows in local stocks continue to be supportive of the domestic unit. However, higher crude oil prices and fears of RBI intervention may keep speculative flows in check.
Optimism over the health of the U.S. economy weakened after data on Monday showed that U.S. consumer spending fell at the fastest rate since September 2009 in December.
gold futures for April delivery rose 0.13% to trade at $1,261.90 a troy ounce.
silver futures for March delivery fell 0.02% to trade at $17.318 a troy ounce.
copper for March delivery gained 0.30% to trade at $2.586 a pound.
India rupee steady as interbank dlr sales offset weak asian cuesRoute Forex
The Indian rupee was little changed against the U.S. currency in early trade, as dollar sales by foreign banks and exporters offset weak Asian cues. Dollar sales by a European lender and a German bank likely on behalf of their custodial clients helped rupee recoup early losses. Dollar sales by exporters are further helping the rupee. The pair earlier in the day had climbed to 69.77, tracking dollar’s advance against Asian currencies.
Trifid Research Pvt Ltd. is a leading stock advisory firm offering services in Forex and Currency market Tips all over India. Try our 2 days free trial.
Epic Research is a leading global financial services provider. Headquartered in Indore, India, Epic has offices and representatives in U.S.A., Singapore, Australia and Middle East. With its full fledged research operations, Epic Research has proven itself as Investment Advisory Company that produces and delivers high accuracy tips and recommendations for the Singapore market .We Provide Services In :SGX Equities,SGX Derivatives - Futures and Options,Global Commodities – Bullion, Energy and Agri,Global Forex – Major currency pairs
We are providing the clients 24x7 better assistance and support for superior trading. We provide 2 days free trial for Forex Tips and Currency Tips etc.
Synergy FX - Forex Market Analysis | 24th July 2015Synergy FX
Synergy FX - Back-up the truck and buy dollars. The last week of July and the first week of August are traditionally quiet times in the FX market as summertime currency flows in the Northern Hemisphere usually contain price action within recent ranges.
আমরা চাই প্রতিটি মানুষের চলার পথ মসৃণ হোক এবং মানুষ তাদের কেনা কাটার খরচ থেকে কিছু টাকা সঞ্চয় করুক । সেই লক্ষে আমরা নিয়ে এসেছি Sky Hut Bazar । আমরা চাই নতুন উদ্যোক্তাদের মাধ্যমে পন্য বা সেবা মানুষের কাছে পৌছে দিতে। আমাদের পণ্য বা সেবা আপনাকে সাহায্য করবে মার্কেটিং মাধ্যমে আয় করতে। শিক্ষার্থী, গৃহিণী সহ সকলেই Sky Hut Bazar থেকে আয় করতে পারবেন ।
কিভাবে:
Sky Hut Bazar থেকে কেউ কমপক্ষে ৫০০ টাকার পণ্য সামগ্রী ক্রয় করলে তিনি হয়ে যাবেন আমাদের রেজিষ্টার ক্রেতা । অথাৎ এরপর থেকে তিনি (রেজিষ্টার ক্রেতা) যে কোন পণ্য বা সেবা গ্রহন করলে ১০% ক্যাশ ব্যাক পাবেন । এছাড়া কোন ক্রেতা যদি আয় করতে চান তাহলে আমোদের মার্কেটিং টিম এর সাথে আয় করতে পারবেন ।সেক্ষে্ত্রে তাকে অবশ্যেই আমাদের কমিশনের ভিত্তিতে কাজ করতে হবে ।
Sky Hut Bazar এর পণ্য মূল্যের ৩০% টাকা মার্কেটিং টিমের মাঝে বন্টন করা হবে ।যে কেউ আমাদের সাথে কাজ করে সর্বোচ্চ আয়ের উৎস তৈরি করতে পারবেন । Executive থেকে শুরু করে President পর্যন্ত হতে পারবেন । এছাড়াও কম্পানি থেকেও বিভিন্ন ইনসেন্টিভ পেতে পারেন ।
Sky Hut Bazar এর মাধ্যমে একা বা টিম গঠনের মাধ্যমে কাজ করতে পারবেন ।
প্রক্রিয়া :
১. একজন ক্রেতা যখন Sky Hut Bazar থেকে ৫০০ টাকার পণ্য ক্রয় করবেন তিনি হয়ে যাবেন রেজিষ্টার ক্রেতা ।এরপর থেকে তিনি যে কোন পণ্য বা সেবা গ্রহন করলে ১০% ক্যাশ ব্যাক পাবেন ।
২. একজন রেজিষ্টার ক্রেতা যখন কমপক্ষে ১০ জন ক্রেতা তৈরি করবেন তখন তার পদবী হবে Executive । Executive পণ্য বিক্রয়ের উপর ১০% কমিশন লাভ করবে ।
৩. একজন Executive যদি তার মত ১০ জন বিক্রয় প্রতিনিধি তৈরি করতে পারে সে হবেন Team Leader । একজন Team Leader তার Team এ যত টাকার পণ্য বিক্রয় হবে তার উপর ৬% হারে কমিশন লাভ করবে ।
৪. একইভাবে সে যদি ১০ জন Team Leader তৈরি করতে পারেন তবে তিনি হবেন Officer । একজন Officer তার Team এ যত টাকার পণ্য বিক্রয় হবে তার উপর ৪% হারে কমিশন লাভ করবে ।
৫. একইভাবে টিমের বিক্রির প্রতিটি ধাপে পদোন্নতি পাবেন এবং সেই সাথে কমিশন পাবেন । Sr.Officer হলে ৩%, FAVP হলে ২%, AVP হলে ১%, VP হলে ১%, SVP হলে ১%, EVP হলে ১%, সর্বোচ্চ পদোন্নতি President হলে ১% কমিশন লাভ করিবেন ।
এছাড়াও রয়েছে বিভিন্ন ইনসেন্টিভ সর্বোচ্চ Flat পর্যন্ত ।
Psychic Readings Just .99 cents/minute! Trusted and accurate clairvoyant readers on our Network 1-800-498-8777. Psychic Readings half price and double quality. www.AbsolutelyPsychic.com
India rupee steady as interbank dlr sales offset weak asian cuesRoute Forex
The Indian rupee was little changed against the U.S. currency in early trade, as dollar sales by foreign banks and exporters offset weak Asian cues. Dollar sales by a European lender and a German bank likely on behalf of their custodial clients helped rupee recoup early losses. Dollar sales by exporters are further helping the rupee. The pair earlier in the day had climbed to 69.77, tracking dollar’s advance against Asian currencies.
Trifid Research Pvt Ltd. is a leading stock advisory firm offering services in Forex and Currency market Tips all over India. Try our 2 days free trial.
Epic Research is a leading global financial services provider. Headquartered in Indore, India, Epic has offices and representatives in U.S.A., Singapore, Australia and Middle East. With its full fledged research operations, Epic Research has proven itself as Investment Advisory Company that produces and delivers high accuracy tips and recommendations for the Singapore market .We Provide Services In :SGX Equities,SGX Derivatives - Futures and Options,Global Commodities – Bullion, Energy and Agri,Global Forex – Major currency pairs
We are providing the clients 24x7 better assistance and support for superior trading. We provide 2 days free trial for Forex Tips and Currency Tips etc.
Synergy FX - Forex Market Analysis | 24th July 2015Synergy FX
Synergy FX - Back-up the truck and buy dollars. The last week of July and the first week of August are traditionally quiet times in the FX market as summertime currency flows in the Northern Hemisphere usually contain price action within recent ranges.
আমরা চাই প্রতিটি মানুষের চলার পথ মসৃণ হোক এবং মানুষ তাদের কেনা কাটার খরচ থেকে কিছু টাকা সঞ্চয় করুক । সেই লক্ষে আমরা নিয়ে এসেছি Sky Hut Bazar । আমরা চাই নতুন উদ্যোক্তাদের মাধ্যমে পন্য বা সেবা মানুষের কাছে পৌছে দিতে। আমাদের পণ্য বা সেবা আপনাকে সাহায্য করবে মার্কেটিং মাধ্যমে আয় করতে। শিক্ষার্থী, গৃহিণী সহ সকলেই Sky Hut Bazar থেকে আয় করতে পারবেন ।
কিভাবে:
Sky Hut Bazar থেকে কেউ কমপক্ষে ৫০০ টাকার পণ্য সামগ্রী ক্রয় করলে তিনি হয়ে যাবেন আমাদের রেজিষ্টার ক্রেতা । অথাৎ এরপর থেকে তিনি (রেজিষ্টার ক্রেতা) যে কোন পণ্য বা সেবা গ্রহন করলে ১০% ক্যাশ ব্যাক পাবেন । এছাড়া কোন ক্রেতা যদি আয় করতে চান তাহলে আমোদের মার্কেটিং টিম এর সাথে আয় করতে পারবেন ।সেক্ষে্ত্রে তাকে অবশ্যেই আমাদের কমিশনের ভিত্তিতে কাজ করতে হবে ।
Sky Hut Bazar এর পণ্য মূল্যের ৩০% টাকা মার্কেটিং টিমের মাঝে বন্টন করা হবে ।যে কেউ আমাদের সাথে কাজ করে সর্বোচ্চ আয়ের উৎস তৈরি করতে পারবেন । Executive থেকে শুরু করে President পর্যন্ত হতে পারবেন । এছাড়াও কম্পানি থেকেও বিভিন্ন ইনসেন্টিভ পেতে পারেন ।
Sky Hut Bazar এর মাধ্যমে একা বা টিম গঠনের মাধ্যমে কাজ করতে পারবেন ।
প্রক্রিয়া :
১. একজন ক্রেতা যখন Sky Hut Bazar থেকে ৫০০ টাকার পণ্য ক্রয় করবেন তিনি হয়ে যাবেন রেজিষ্টার ক্রেতা ।এরপর থেকে তিনি যে কোন পণ্য বা সেবা গ্রহন করলে ১০% ক্যাশ ব্যাক পাবেন ।
২. একজন রেজিষ্টার ক্রেতা যখন কমপক্ষে ১০ জন ক্রেতা তৈরি করবেন তখন তার পদবী হবে Executive । Executive পণ্য বিক্রয়ের উপর ১০% কমিশন লাভ করবে ।
৩. একজন Executive যদি তার মত ১০ জন বিক্রয় প্রতিনিধি তৈরি করতে পারে সে হবেন Team Leader । একজন Team Leader তার Team এ যত টাকার পণ্য বিক্রয় হবে তার উপর ৬% হারে কমিশন লাভ করবে ।
৪. একইভাবে সে যদি ১০ জন Team Leader তৈরি করতে পারেন তবে তিনি হবেন Officer । একজন Officer তার Team এ যত টাকার পণ্য বিক্রয় হবে তার উপর ৪% হারে কমিশন লাভ করবে ।
৫. একইভাবে টিমের বিক্রির প্রতিটি ধাপে পদোন্নতি পাবেন এবং সেই সাথে কমিশন পাবেন । Sr.Officer হলে ৩%, FAVP হলে ২%, AVP হলে ১%, VP হলে ১%, SVP হলে ১%, EVP হলে ১%, সর্বোচ্চ পদোন্নতি President হলে ১% কমিশন লাভ করিবেন ।
এছাড়াও রয়েছে বিভিন্ন ইনসেন্টিভ সর্বোচ্চ Flat পর্যন্ত ।
Psychic Readings Just .99 cents/minute! Trusted and accurate clairvoyant readers on our Network 1-800-498-8777. Psychic Readings half price and double quality. www.AbsolutelyPsychic.com
Vedic Management is growing into a formidable form of knowledge - albeit steadily. We at Vedic Management Centre are often asked a lot of questions in this regard by enthusiasts. In this document are some of the Frequently Asked Questions (FAQs) about Vedic Management, professed and propagated at Vedic Management Center(VMC), with answers from our Founder & Director U Mahesh Prabhu. Edited by Dharali Sharma.
Participación de Artesanas de Pampa Chica - La Arena en el V Encuentro de Artistas, Artesanos y Diseñadores de la Pontificia Universidad Católica del Perú.
Daily i-forex-report-1 by epic research 27 may 2013Epic Daily Report
We are a team of highly qualified and experienced analysts, who deliver their expertise in providing stock market calls for traders which include tips like Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips. All services are provided through SMS and Instant Messenger.
Contagion fears flowing through markets this weekHantec Markets
Fear of contagion is flowing through financial markets into this week. We look at how political risk is impacting on safe haven flows and the dollar. How are markets reaction and what are the implications for the analysis of forex, commodities and equities?
India rupee higher as weak u.s. job growth dents dollarRoute Forex
The Indian rupee rose against the dollar in early trade after employers in the world’s largest economy added fewer number of jobs than expected. Weak U.S. jobs report is hurting the dollar and lifting Asian currencies. Expectation of foreign fund inflows will further be supportive of the rupee. However, importers' demand and concerns surrounding Brexit may limit further losses for the dollar.
GOLD - Gold prices traded lower on last week on the account of profit booking at higher levels while strengthening dollar index will further lower gold prices in the near term. The Gold is on an upward
trajectory as investors look for a safe haven in an increasingly uncertain world. Despite the strength of
India rupee higher as dollar index extends losses before fed meetRoute Forex
Indian rupee was higher against the U.S. currency in early trading amid broad weakness on the dollar before the beginning of the 2-day Federal Reserve meeting. Foreign portfolio inflows and exporter selling continue to keep upside on the rupee intact, while momentum remains firmly in favor of the rupee, we think the move from near 71.50 to the current levels has been too quick and a correction is around the corner. Importers’ dollar bids limited gains.
GOLD - Last week, spot gold prices rose marginally by 0.1 percent to close at $1235.2 per ounce as the dollar weakened after a 10-day winning streak and investors took the opportunity to buy bullion as
a hedge against political uncertainty in the United States and Europe. On the MCX, gold prices rose by
Could a turnaround last the distance for major markets? Hantec Markets
After a tumultuous period of trading on financial markets is a turning point about to be seen? If so, how long can it last? We consider the outlook for forex, equities and commodities in the coming days.
The Gold market is under long liquidation as market has witnessed drop in open interest by -2.48% to settled at 6130 while prices down 150 rupees. Now Gold is getting support at 28914 and below same could see a test of 28809 level,
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Webinar Exploring DORA for Fintechs - Simont Braun
Market review 21.03.2017
1. Daily Market Review
Market Review was generated at 09.30 GMT+2 on Tuesday 21st of March 2016
By Michalis Markides
2. General Market News
The UK economy will be under scrutiny today with a pair of updates, starting with the February report on consumer inflation, followed by this month’s CBI
Industrial Trends Survey data. Meantime, keep your eye on the South African rand, which is one of the strongest currencies at the moment relative to the
US dollar. The Bank of England (BoE) decided to hold its policy interest rate at a record low of 0.25% last week while inflation is expected to edge up to a
three-year high in today’s update for February. Economists expect that consumer prices at the headline level will increase 2.1% for the year through
February, topping the two-percent mark for the first time since late 2013, according to TradingEconomics.com’s consensus forecast. The unclear path of
Brexit in the months ahead may worry the monetary mavens at the Bank of England, but the top brass at large financial institutions expect that the UK
economy will continue to expand at a solid pace this year. US stock indices closed slightly lower Monday for the third straight day of losses, as trading was
muted without major economic or corporate news, with financials and energy stocks putting pressure on the S&P500.
Forex News
The EUR/USD pair founds fresh demand near 1.0750 region, sending the rate back towards daily tops, as the sentiment around the common currency
remains underpinned amid latest news of a Macron win at the first French presidential debate. The USD/CAD pair seems have entered a consolidative
phase and has been confined within a broader trading range above the 1.3300 handle. The Sterling is trading on a better mood vs. the buck ahead of the
opening bell in Europe on Tuesday, taking GBP/USD to the 1.2370/80 band for the time being. Friday’s strong decline took EURGBP back to the 13-day
moving average. It was the failure to break below that crucial level that undermined negative signals to the degree that this week’s outlook was
considered unclear. The importance of the 13-day average though was proved by modest demand from that point on Monday, upside that has been
extended in Asia. USDJPY remains below the 100 day moving average and the main support is at ¥111.75. Only a break below could trigger strong selling
interest and a surge in vol.
Metals and Commodities News
Gold prices edged lower on Tuesday, failing to break a key resistance but hovered near a two-week high hit in the previous session on prospects of a less-
hawkish Federal Reserve policy. Spot gold was down 0.4per cent at $1,228.61 per ounce. In the previous session, it touched its strongest since March 6 at
$1,235.50. US gold futures fell 0.4 per cent to $1,228.60. Oil prices rose early on Tuesday on expectations that an OPEC-led production cut to prop up the
market could be extended, and as strong demand was seen to slowly erode a global fuel supply overhang, Reuters reported. Prices for front-month Brent
crude futures, the international benchmark for oil, were at $51.76 per barrel at 0043 GMT, up 14 cents, or 0.3 percent, from their last close. U.S. West
Texas Intermediate (WTI) crude futures were up 6 cents, or 0.1 percent, at $48.28 a barrel.
3. Name S3 S2 S1 Pivot Points R1 R2 R3
EUR/USD 1.0659 1.0691 1.0715 1.0747 1.0771 1.0803 1.0827
USD/JPY 111.92 112.18 112.37 112.63 112.82 113.08 113.27
GBP/USD 1.2211 1.2272 1.2315 1.2376 1.2419 1.2480 1.2523
USD/CHF 0.9923 0.9938 0.9962 0.9977 1.0001 1.0016 1.0040
USD/CAD 1.3238 1.3270 1.3309 1.3341 1.3380 1.3412 1.3451
EUR/JPY 119.74 120.20 120.54 121.00 121.34 121.80 122.14
AUD/USD 0.7625 0.7653 0.7692 0.7720 0.7759 0.7787 0.7826
NZD/USD 0.6921 0.6956 0.7005 0.7040 0.7089 0.7124 0.7173
EUR/GBP 0.8604 0.8629 0.8660 0.8685 0.8716 0.8741 0.8772
EUR/CHF 1.0644 1.0670 1.0698 1.0724 1.0752 1.0778 1.0806
GBP/CHF 1.2204 1.2255 1.2299 1.2350 1.2394 1.2445 1.2489
GBP/JPY 137.23 138.03 138.56 139.36 139.89 140.69 141.22
Gold 1225.36 1227.33 1230.46 1232.43 1235.56 1237.53 1240.66
Silver 17.267 17.316 17.377 17.426 17.487 17.536 17.597
Brent Oil 50.17 50.59 51.10 51.52 52.03 52.45 52.96
Crude Oil 46.90 47.37 47.80 48.27 48.70 49.17 49.60
Daily Support and Resistance Levels
Date Time
(GMT)
Cur. Impact Event
Tue
Mar 21
9:30am GBP High CPI y/y
9:30am GBP Medium PPI Input m/m
9:30am GBP Medium Public Sector Net Borrowing
9:30am GBP Medium RPI y/y
All Day EUR Medium ECOFIN Meetings
10:35am GBP High BOE Gov Carney Speaks
12:30pm CAD High Core Retail Sales m/m
12:30pm USD Medium Retail Sales m/m
12:30pm USD Medium Current Account
Tentative NZD High GDT Price Index
Economic Calendar
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Risk Warning: The trading of complex financial products such as foreign exchange, CFDs and Binary Options involves a high
level of risk and may not be appropriate for all investors. There is possibility that investors may lose more than their initial
investment.
Disclaimer: The information in this review comprises market updates and personal opinions and should not be taken or
misunderstood as investment advice.