Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Monetization
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Forex
Hotforex.com - Market Analysis and News.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="HFM, post: 271553, member: 46567"] [B]Date : 19th September 2022. Market Update – September 19 – Big central bank week; Risk of a super-sized hikes! USDIndex – Remains bid,[/B] holding above 109. The surprisingly hot August CPI report generated a sea-change in policy outlook, while housing starts and existing home sales will be tracked. The housing sector has been a major casualty of the FOMC’s tightening policies. Starts are seen rebounding slightly to a 1.450 mln clip after tumbling -9.6% to 1.446 mln in July. Existing home sales are projected dropping to a 4.685 mln rate following July’s decline to 4.810 mln. A 75 bp boost is a [B]done deal[/B] on Wednesday. [LIST] [*][B]EUR[/B] – Trades at 0.9976. Recession risks are increasingly palpable in Europe. [*][B]JPY[/B] – down 0.2% at 143.21 – verbal interventions effect in the yen has faded this week.Strong resistance at 145. Japan is on holiday [B]today[/B] & [B]Friday. BoJ is[/B] expected to maintain the accommodative stance & stick with massive stimulus . [*][B]GBP [/B]just under the 1.14 mark. Markets are split on whether the BOE will raise rates by 50 or 75 bps on Thursday and to the government’s fiscal plans as Chancellor Kwarteng is set to unveil a “mini-budget” on September 23. The energy package aside, Kwarteng is expected to unveil cuts to National Insurance payments and the reversal of plans to increase corporation tax from 19% to 25%in April. PM Truss is also preparing a post-Brexit deregulation push and hopes that her measures will boost growth sufficiently to allow the financing of measures in the medium term. [*][B]Stocks in red with ASX[/B] and [B]Nikkei[/B] lost -0.3% and -1.1% respectively, while [B]Hang[/B] [B]Seng[/B] and [B]CSI[/B] [B]300[/B] are down -1.3% and -0.5% at the moment. Reports that the Chinese city of Chengdu reopened after lifting a two-week lockdown and a liquidity injection from the PBOC may have helped to put a floor under mainland China bourses at least. The [B]GER40[/B] future is fractionally lower, US futures underperforming, led by a –0.8% correction in the [B]USA100.[/B] [B]UK markets will remain closed today for the late Queen’s funeral.[/B] [*][B]USOil – [/B]at $83.83 next support at $80. [*][B]Gold[/B] – slipped on Monday, at $1661 pressured by a strong USD. [*][B]BTC – [/B]retests 3-month low at mid $18500 area. [*] [/LIST] [B][U]Overnight & Today[/U] –[/B] [B]EU Construction Output & Japanese CPI. Biggest FX Mover[/B] @ (06:30 GMT) [B]BTCUSD [/B](-4.72%) Sank to 3-month low at 18400 area. MAs aligning lower, MACD histogram & signal line negative & falling, RSI 21, H1 ATR 231.98, Daily ATR 1112.90. [B]Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report.[/B] Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. [B] Andria Pichidi Market Analyst HFMarkets Disclaimer:[/B] This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Forex
Hotforex.com - Market Analysis and News.
Top