March, 2017 | Forex, Commodities & Index Analysis

Dear traders,

I will be starting to post various live signals to this blog. Some of these will be tradable, with some of them just giving information. All should be considered educational only.

Best regards,

Sam

Dr Sam’s Financial News Feeds

Are you interested in biotechnology news ? December 13, 2018

Read the latest on pharma/biotech news, Clinical Trial Results, FDA Calendar, Top Gainers, Recalls, Food Alert and more on RTTNews Biotechnology.

Want to know the latest business news? December 13, 2018

Read the latest business and financial news, market news, headlines, earnings, economic news and more on RTTNews

WH Economic Advisor Navarro: Confident USMCA will be passed December 13, 2018

White House Trade Advisor Peter Navarro, speaking to Fox Business News this Thursday, said that investors should focus on March when China offer is due. Additional Quotes: • Confident USMCA will reach the Congressional floor. • Canadian arrests in China were tit-for-tat for Huawei case.

GBP/USD Technical Analysis: Intraday positive momentum stalls near 200-hour SMA December 13, 2018

• The intraday positive momentum faced rejection at 200-hour SMA, with the pair quickly retreating over 25-30 pips from an intraday high level of 1.2687. • Technical indicators on the daily chart are yet to catch up with the latest leg of a positive move and seemed to be the only factor capping […]

OPEC's oil-cut pledge is vague - Report December 13, 2018

According to a Reuters report, OPEC’s supply-cutting deal agreed last week was rather vague as it did not publish individual oil output targets. Analysts are saying that if each OPEC country is believed to curb output by the expected 2.5%, the reduction would amount to something of around 700k bpd, smaller than the 800k bpd […]

PBoC Governor Yi Gang: Downward pressure on the economy is increasing December 13, 2018

PBoC Governor Yi Gang was out with some comments in the last hour and said that China's economic growth has neared potential rate. He was further noted saying that overcapacity has significantly eased and downward pressure on the economy is increasing.

Norway Central Bank Keeps Rate Steady Again, Sees Hike In March December 13, 2018

Norway's central bank kept its base rate unchanged on Thursday, for a second consecutive policy session after raising it for the first time since 2011 in September, and signaled that the next hike will be in March next year. The Executive Board kept the key policy rate unchanged at 0.75 percent, the Norges Bank said […]

Norges Bank stays on the hiking path – ING December 13, 2018

Jonas Goltermann, Developed Market Economist at ING, notes that the Norges Bank has maintained its policy rate at 0.75% today with policy statement giving a clear commitment that the next rate hike will come in March 2019. Key Quotes “The interest rate forecast further out has been adjusted down slightly as the central bank continues […]

Spain: Uncertain outlook - Rabobank December 13, 2018

The analysis team at Rabobank points out that since the outbreak of the crisis, the Spanish government has implemented many reforms, but outlook for further reforms is questionable. Key Quotes “Despite the strong and ongoing recovery still fewer people are at work today then prior to the crisis and the unemployment rate is set to […]

EUR/JPY sticks to gains near 2-week tops, just above 129.00 handle ahead of ECB December 13, 2018

• Italian budget compromise continues to underpin the shared currency. • US-China trade optimism dents JPY’s perceived safe-haven status. • Traders turn cautious ahead of the latest ECB monetary policy update. The EUR/JPY cross struggled to build on the positive momentum further beyond 100-day SMA and has now retreated around 20-pips from […]

Global growth slowed noticeably in Q3 – NAB December 13, 2018

Analysts at NAB note that global growth has slowed noticeably in Q3 after four quarters of fairly stable growth as it slipped to 3.6% yoy. Key Quotes “Emerging markets were the main driver of this slowdown, led by India and East Asia (excluding China).” “Turbulence in financial markets has increased in recent times, reflecting concerns […]

Norges Bank signals March hike - TDS December 13, 2018

Analysts at TD Securities point out that the Norges bank signaled a March hike at their December meeting but emphasized a cautious approach to raising rates thereafter. Key Quotes “The Bank revised lower their rate path yet again for 2020 and 2021, albeit marginally (roughly -10bps). That leaves a dovish tilt to the meeting though […]

UK Govt. spokeswoman: Parliament vote on Brexit deal still possible next week December 13, 2018

UK Government spokeswoman, Alison Donnelly, speaking to reporters this Thursday, said that a parliament vote on Brexit deal is still possible next week but hinges on progress with the EU.

EUR/USD Technical Analysis: Holds above 200-hour SMA amid cautious trade ahead of ECB December 13, 2018

• Over the one month or so the pair has been oscillating between two-converging trend-lines forming a symmetrical triangle on the daily chart. • Against the backdrop of the recent fall since late-Sept., the contracting wedge constituted toward the formation of as a bearish continuation pattern - Pennant. EUR/USD daily chart • […]

Ireland HICP (MoM) dipped from previous -0.2% to -0.4% in November December 13, 2018

Ireland HICP (YoY) down to 0.8% in November from previous 1.1% December 13, 2018

Ireland Consumer Price Index (YoY) declined to 0.6% in November from previous 0.9% December 13, 2018

Ireland Consumer Price Index (MoM) dipped from previous -0.1% to -0.5% in November December 13, 2018

Turkey CBRT Interest Rate Decision meets expectations (24%) in December December 13, 2018

Brazil Retail Sales (MoM) below expectations (0.1%) in October: Actual (-0.4%) December 13, 2018