PriceAction Ltd. Market Report (July 18 – July 22) & Upcoming Events, July’22
Jul 18, 2022 CPI q/q (NZD) Jul 19, 2022 Russia Restarts Nord Stream 1 gas Flows (ALL) After a 10-day shutdown, the Russian-led gas pipeline operator Nord Stream resumed pumping gas through the Nord Stream 1 pipeline to Germany on Thursday morning, initially quelling Europe’s concerns that the maintenance period would be extended. In the…
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PriceAction Ltd. Market Report (July 11 – July 15) & Upcoming Events, July’22
Jul 11 , 2022 Boj Will Maintain Ultra-Loose Monetary Policy (JPY) Bank of Japan Governor Kuroda says, although the state economy has been facing some minor challenges, the trend is picking up consistently. However, on the next day, the finance minister, Suzuki, mentioned the vivid visibility of the Yen weakening. Jul 13 , 2022 Monetary…
PriceAction Ltd. Market Report (June 27 – July 1) & Upcoming Events, July’22
Jun 27, 2022 Core Durable Goods Orders m/m (USD) Durable Goods Orders in the US increased by 0.7%, or by $1.9 billion, on a monthly basis in May to $267.2 billion, published by the US Census Bureau on Monday. AUD and NZD have turned down sharply (ALL) AUD/USD, NZD/USD, EUR/USD, cable are all lower. USD/CAD…
PriceAction Ltd. Market Report (June 20 – June 24) & Upcoming Events, June’22
June 20, 2022 UK monetary policy (All) The world’s monetary authorities are confronted with challenging trade-offs: high inflationary pressures and weakening demand. Their methods change depending on whether most inflationary pressures come from outside the country or within it. June 21, 2022 Core Retail Sales m/m (CAD) April sales rose 0.9% to $60.7 billion. Six…
PA Market Report: Overview (Jan 31 – Feb 04) & Upcoming Events February’22
Jan 31 Chicago PMI (USA) It’s a leading indicator of economic health-January Chicago Business Barometer rose to 65.2. Prices Paid softened 1.9 points to an eight-month low. Inventories dropped 5.8 points. FEB 01 Cash Rate (Australia) Short-term interest rates are the paramount factor in currency valuation – Traders look at other indicators merely to predict…
PA Market Report: Overview (Jan 17 – Jan 21) & Upcoming Events January’22
Jan 17 GDP q/y (China) It’s the broadest measure of economic activity and the primary gauge of the economy’s health Jan 18 Statement on Monetary Policy (Japan) The Policy Board of the Bank of Japan has decided to keep its massive monetary policy unchanged. Thus, Japan is expected to enter into its 10th year of…
PA Market Report: Overview (May 10 – May 14) & Upcoming Events May’21
May 10 : Fed’s Evans: It’ll be awhile until the US makes sufficient strides to talk about tapering (US) FED’S EVANS: IT’LL BE A WHILE UNTIL THE US MAKES SUFFICIENT STRIDES TO TALK ABOUT TAPERING. May 11 : Outlook Improves Significantly (Germany) ZEW Index ZEW Indicator of Economic Sentiment in Germany Combination chart with 2…
PA Market Report: Overview (May 03 – May 07) & Upcoming Events May’21
May 03 : Manufacturing PMI at 60.7%; April 2021 Manufacturing ISM Report On Business (USA) Economic activity in the manufacturing sector grew in April, with the overall economy notching an 11th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy…
PA Market Report: Overview (Apr 26 – Apr 30) & Upcoming Events May’21
Apr 26: OPEC+ technical committee keeps oil demand growth forecast unchanged OPEC+ technical committee meeting ends, keeps oil demand growth forecast unchanged – two sources Apr 27: Le Maire: EU has lost too much time since recovery fund deal (Euro Zone) FRANCE’S FINANCE MIN. LE MAIRE: THE EUROPEAN COMMISSION CAN EXAMINE NATIONAL RECOVERY STRATEGIES AS…
PA Market Report: Overview (Apr 19 – Apr 23) & Upcoming Events Apr’21
Apr 19: Australia is in no rush to reopen its international borders, Prime Minister Scott Morrison said. Apr 20: US is very concerned about Russia’s plans to obstruct international naval and state vessels in areas of the Black Sea (USA) THE US HAS CALLED ON RUSSIA TO STOP HARASSING VESSELS IN THE AREA AND TO…