Month: February 2019

BRL TALKING POINTS – BRAZIL GDP, MANUFACTURING PMI, FED TESTIMONY USD/BRL traders eyeing Brazil’s GDP, manufacturing PMI Global markets preparing for Fed Chairman Powell testimony How will Brazilian Real perform against other EM currencies? See our free guide to learn how to use economic news in your trading strategy! BRAZIL EVENT RISK USD/BRL traders this
WTI trades around $57.30 during early Monday. Optimism for the US-China trade deal pleased energy buyers. $58.20 seem nearby resistance with $56.70 acting as immediate support. WTI trades near $57.30 at the start of Asian trading on Monday. The crude oil benchmark marked second consecutive weekly gain as optimism surrounding the US-China trade deal favored
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Forecast: Bearish Gold Talking Points: Trade wars and Fed speak will likely dictate gold’s price in the week ahead A continuation of the recent rally may stall as global growth risk is reduced Want to try your hand at trading Gold? Check out our Trading Guides. Looking for a technical perspective on the Gold? Check
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“Fitch Ratings has affirmed Italy’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ with a Negative Outlook,” Fitch Ratings announced on Friday. Key takeaways from the press release Fitch forecasts GDP growth of 0.3% in 2019, down from 0.8% in 2018 (compared with the 1.2% we forecast for both years at our previous review in
“While it’s looking unlikely that May will be able to bring about “Meaningful Vote 2.0″ quite so quickly, Parliament should get an important say next week, either on a revised deal or on amendments that could delay Article 50,” TD Securities analysts said previewing next week’s significant events from Europe. Key quotes “Both outcomes should