Join The Community


Thursday, 13 April 2017

Trading plan and global macro overview for 13/04/2017

Trading plan for 13/04/2017: 

The US Dollar and US bond yields tumbled on Wednesday evening in response to President Donald Trump's interview when he said that the Dollar is too strong and that he prefers low-interest rates. Geopolitical risks around North Korea remain in place, which is supported by nervous trading in the equity market. Gold is soaring, oil is in a correction mode. Chinese Shanghai Composite grows by 0.2% due to better trade data. The Japanese Nikkei dropped 0.6% today, followed by USD/JPY. 
On Thursday 13th of April, the event calendar is not that busy with important news. Nevertheless, global investors will keep an eye on Bank of England Credit Conditions Survey data, Manufacturing Sales and New Houses Price Index data from Canada and PPI, Unemployment Claims and Prelim UoM Consumer Sentiment data from the US.

#DXY US Dollar Index


Post a Comment

Note: only a member of this blog may post a comment.

Don't Forget To Join US Our Community