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Friday, 24 March 2017

Global macro analysis and trading plan for 24/03/2017:

Trading plan for 24/03/2017:

The market is waiting for the vote on the future of the Obamacare system. In the meantime, the dollar regains some strength, which is helping to stabilize the 10-year profitability of more than 2.40 percent. EUR/USD is heading towards 1.0760. The Wall Street has a modest decline, but Asia is dominated by positive sentiment: the Tokyo Stock Exchange closed green. The gold ounce is priced at less than $ 1,250, and the WTI oil barrel is heading toward $48 again. 
On Friday 24th of March, the event calendar is busy with the PMI data release during the European session and then Durable Goods Orders data from the US and Consumer Price Index data from Canada. The Obamacare vote in the US parliament will cast a shadow on market volatility all day.

Global macro analysis:


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