Trade war discussion is been #1 on the financial markets. However, the tension has been falling down so far. Tramp has decided to change the tactics. He said that takes a positive attitude towards meeting with Xi Jingping (will take place next month at the G-20 summit). Therefore, the markets were confused. And have no idea what to do next.
The apocalyptic...
The EUR/USD currency pair has gotten a big boost as a result of China stating that it will impose tariffs on $60 Billion of U.S goods starting June 1st. This action has undoubtedly extended the ongoing trade war between the two countries.
China's declaration came three days after the US action of all most tripling tariffs on $200 Billion of Chinese imported...
The data on the US trade balance was published yesterday. In the light of the unfolding trade wars, this publication can be regarded as an indicator of victory/failure. So, the negative trade balance between the USA and China in March decreased to a record low in the last 5 years. Formally, this can be written as a victory for the United States. But on the other...
After the break below 1.1180/1200 in the EURUSD last Wednesday, Euro bears are in full control of current price action.
There are several fundamental reasons pushing the currency pair to trade lower in the coming week. First, in addition to the diverging yield differential between US and EE, particularly in German yields, there is also additional reinforcement...
A look at the comparison between the S&P 500 to the Shanghai Composite (in purple) shows that correlations have broken down since mid-Feb, despite the vicissitudes imparted upon both markets together by ongoing of US-China trade talks.
April 12, 2019 is the official Brexit date. There are two options: leaving without a deal (both are afraid of it, Britain and the EU, therefore, we regard this outcome as highly unlikely) or a delay. In our opinion, the second option is alternative. It is all about the terms. The EU summit will show whether it takes a year, as the EU wants, or a couple of months,...
Data on NFP, Brexit and negotiations between the United States and China
Bank of India lowered the rate yesterday, what provoked the sale of the Indian rupee in the foreign exchange market. So those of our readers who followed yesterday's recommendation to buy USDINR should have made good money.
The US and China continue to generate positive news about progress...
There are plenty of technical reasons to avoid AUDUSD. Nearly all exponential moving averages, which more heavily weigh the more recent days than the ones further away, point towards a continuation in the downward trend. The bull bear power index also indicates that AUDUSD long is an overcrowded trade. Indeed, data from DailyFX backs up this claim with its data...
If trade war resolution between US and China, then short. But if its not substantive or if it doesn't happen at all, then expect this trend to continue.
FUNDAMENTALS/FINANCIALS
Analysing the financials of this company, it is clear their assets are growing year on year between 10-30% and there revenues are also increasing. They seek to open branches in Canada, Australia and other discussed locations. As an asset management company, it is vital to ensure profits or "Revenues" are increasing whilst assets under...
