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Trading Journal

psaTrading
Mar 01 2017 at 22:29
891 posts
As in the US, the reaction of stock markets in Europe to Donald Trump’s speech last night in Congress was positive, especially in the construction and commodity-producing sectors.

psaTrading
Mar 02 2017 at 22:44
891 posts
The US market was trading at a slight low. In terms of economic indicators, the number of weekly claims for unemployment benefits has fallen to the low of the last 44 years last week, continuing to point to a strong labor market. This indicator fell by 19 000 to 223 000 in the week ending 25 February (vs. 243 000 expected), thus reaching the lowest since March 1973. This was already the 104th consecutive week in which the number of applications for unemployment benefits Remained below 300,000, the highest since 1970.

psaTrading
Mar 03 2017 at 08:45
891 posts
The fall of the market on Wall Street ended up impacting Asian markets that ended today’s session in negative territory. Investors’ attentions focused primarily on the US Federal Reserve’s monetary policy. In South Korea, the market was under pressure from the country’s tensions with China.

roasaa
ForexSignum
Mar 06 2017 at 20:36
112 posts

According to analysts from Wells Fargo, today Factor Orders report, shows that the manufacturing sector continues to improve, although at a slower rate than sentiment indicators alone would indicate. “Factory orders rose 1.2 percent to start 2017. On balance, the hard data in the manufacturing sector continue to show improvement, although the pace has been slower than sentiment indicators alone would indicate.”

“Factory orders rose 1.2 percent in January, boosted by sizable jumps in the notoriously volatile aircraft components for both defense and nondefense. Nondurable shipments rose 0.4 percent, led by growth in textile mills, apparel and petroleum and coal products. Input price pressures are building in the factory sector and have likely helped boost growth in this nominally reported indicator.”
“Core capital goods orders fell 0.1 percent, a smaller decline than indicated in the advanced report, but this improvement was largely offset by downward revisions to December’s reading.”

psaTrading
Mar 08 2017 at 00:29
891 posts
Components of the Europe Stoxx 600 index showed an average increase of 11% in profits compared to the previous year, the highest growth of the last two years, compared to 4.90% observed in the constituents of the S & P500 index . Among the various factors that may underlie the expected overperformance for 2017 are the weakness of the Euro, the rise in commodity prices and the recovery of the banking sector.

psaTrading
Mar 08 2017 at 00:36
891 posts
In terms of economic indicators in the United States, new orders to industry increased in January for the second consecutive month, suggesting that the recovery of the sector is gaining momentum, as the rise in commodity prices increases demand for machinery. Thus, orders for goods to industry rose 1.20%, after the increase of 1.30% in December. Economists estimated an increase of 1.00% in January.

psaTrading
Mar 09 2017 at 23:14
891 posts
This week, another risk factor that may weigh on the global economic growth: the downward revision of Chinese growth estimated by the prime minister. Briefly, a more optimistic speech may be adopted, supported by the release of economic information aimed at strengthening activity, while in terms of inflation the ECB should maintain a cautious discourse.

psaTrading
Mar 09 2017 at 23:23
891 posts
Yesterday the price of crude fell by more than 5 percent after the Energy Department revealed last week that oil inventories increased by 8.2 million barrels, compared to an expected increase of just 1.2 million barrels.

psaTrading
Mar 11 2017 at 20:13
891 posts
For the asset purchase program launched in 2015, the ECB indicated that it will continue to make acquisitions at a monthly pace of 80 000 M.€ until the end of March and from April onwards the purchases will be at a rate of 60 000 M.€ until the end of December, or later, if necessary. The main novelty was that the ECB had withdrawn from the statement the phrase about whether the ECB could use “all instruments available” to apply more stimulus to the economy. Mario Draghi explained that this phrase was withdrawn to “signal that the ECB considers that the sense of urgency, which existed when there was a risk of deflation, has disappeared.”

psaTrading
Mar 14 2017 at 21:43
891 posts
This week, in addition to the Fed meeting, the focus will be on the political front as in a few months begins important electoral events in the Eurozone and whose results may aggravate the uncertainty and fears to the current European project: legislative elections in the Netherlands next Wednesday (15 March), presidential elections in France (1st round on 23rd April and 2nd round on 7th May) and legislative elections in Germany (24th September).

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