Norm_XXI's Beiträge - Seite 7

Trading Journal in Neue Trader May 24, 2018 at 23:58

BMW and Daimler fell more than 2%. On the contrary, the telecommunications companies registered gains. Deutsche Telekom said it expects average annual revenue growth of 1% to 2% by 2021.

Trading Journal in Neue Trader May 23, 2018 at 12:04

Recent declines in the Euro have led the common currency to the most extreme oversold levels since November 2016. Yesterday the Euro showed some signs of stabilization, which may be the prelude to a short-term technical recovery.

Trading Journal in Neue Trader May 22, 2018 at 16:23

Recent developments in the face of trade tensions between the US and China have cheered the European stock markets in this first session of the week.The stock market activity was less intense as the Frankfurt and Swiss stock exchanges were closed yesterday for the celebration of Pentecost Day.

Trading Journal in Neue Trader May 21, 2018 at 11:48

In the pre-opening, the European indices continued to rise, reflecting the positive developments in trade relations between the US and China. However, the activity of European markets will be less than usual due to the celebration of Pentecost Day in mostly Protestant countries like Germany and Switzerland. Even so, an initial positive reaction is likely from the sectors most prone to exports (especially to China) such as the automobile, mining, industrial, and others. After this reaction, European investors will focus on two interrelated themes: sovereign yields and the evolution of the polit...

Trading Journal in Neue Trader May 18, 2018 at 10:20

In the pre-opening, the European indices rehearsed in different directions, in a context of intensification of the geopolitical tensions, after the declarations of the North American President. The debt market will continue to be monitored after the 10-year U.S. treasury yield have peaked at seven-year highs. On the other hand, the rise in the price of oil (favored by strong demand and continued cuts in production by OPEC) is expected to continue to influence its sector and the market as a whole.

Trading Journal in Neue Trader May 18, 2018 at 00:10

European stock markets ended higher, with utilities among the best performers. French Suez reported results that were well received by investors, with revenues surpassing forecasts. Its shares gained 3.60%. Also the stocks of retailers stood out positively, favored by the behavior of the online retailer Ocado. However, the rise in the price of oil benefited the respective sector. Total rose more than 1%. According to CNBC, the French oil company is considering abandoning its activity in Iran. In the telecommunications sector, the Dutch company Altice advanced 12%, with the news that SFR, its F...

Trading Journal in Neue Trader May 16, 2018 at 12:01

The behavior of the bond and exchange markets will continue to dictate the course of the European stock exchanges. Yesterday, the strong rise in US yields generated a strong increase in world yields. This increase in interest rates could be strengthened by the increase in geopolitical risk. The intensification of geopolitical tensions has two focuses: the Middle East and the Korean Peninsula. In the Middle East, the situation in the Gaza Strip adds yet another focus of potential conflict in the region. The main difference with similar situations is that Iran has bases in Syria where it can rea...

Trading Journal in Neue Trader May 15, 2018 at 19:58

European markets ended today's session in different directions, with investors attentive to political and economic issues. The behavior of the foreign exchange market also influenced the course of the market, and the Euro registered a devaluation against the US Dollar. In sectoral terms, oil companies were among the best performers (still reflecting the recent rise in the price of oil), while the telecommunications sector lost more than 1%. For the banking sector, Commerzbank rose 3.79%, after having reported a quarterly profit of 250 M. €, surpassing the forecasts of 178 M. €. T...

Trading Journal in Neue Trader May 14, 2018 at 18:47

European markets closed lower, with most sectors also in negative territory. Among the worst performers were the financial services and telecommunications companies. The price of oil maintained the upward behavior that characterized it last week, so stocks of major oil majors closed today’s session higher.

Trading Journal in Neue Trader May 11, 2018 at 11:10

Recently, the evolution of yields has also been influenced by a new variable: the political situation in Italy. Debt markets, after several weeks focused on other issues, have already begun to react. Italian 10-year yields reached 1.94% (the highest of the last 7 weeks) and the differential between Italian interest rates and their German counterparts (the best indicator for measuring the country’s political risk) widened from 1.14% up to 1.37% in just two weeks. FTSEMIB, the Milan stock exchange index, has not yet reflected this perceived risk of the bond market. Stock market investors h...

Trading Journal in Neue Trader May 10, 2018 at 21:46

European markets closed slightly higher. The telecommunications sector presented an underperformance, explained by news and results. BT reported quarterly results lower than expected and announced its intention to reduce 13,000 jobs. Its shares fell 7.15%. In the banking sector, Royal Bank of Scotland advanced 3.88%, after agreeing to pay a fine of 4900 M.USD, an amount lower than expected, to close an issue related to the sale of financial products linked to high risk mortgage.

Trading Journal in Neue Trader May 10, 2018 at 12:21

This recent positive trend US indices is explained by the strong appreciation of the oil sector, as a result of President Trump’s decision to abandon the agreement with Iran.

Trading Journal in Neue Trader May 08, 2018 at 15:31

Technical traders operate on different time scales, producing detectable signals in price time series, subsequently memory effects are introduced in the price dynamics through a specific figure called supports and resistances. In fact prices more likely re-bounce than cross these values.

Trading Journal in Neue Trader May 08, 2018 at 06:38

European markets closed mostly, rising, favored by the weakness of the Euro. The weakness of the European currency has led it to trade at 1.19 against the Dollar, a level not recorded since December 2017. To justify the weakness of the common currency, there is the significant difference between US and German yields and the recent slowdown in the European Economy. In March, orders to industry decreased by 0.90% (on a monthly basis), compared to forecasts of 0.50%. In the first quarter, the German economy was negatively conditioned by factors such as bad weather and a series of strikes that mar...

Trading Journal in Neue Trader May 06, 2018 at 06:30

Wall Street was trading higher as investors reacted to the employment report, highlighting Apple's shares favoring stock indexes. The government reported that during April, the US economy created 164,000 jobs, down from 192,000 expected by economists. On the other hand, the increase in average hourly wages also fell short of expectations (0.15% vs. 0.20%). We must remember the importance of this last indicator, since in many economic cycles are the precursors of inflation. The US unemployment rate fell from 4.10% to 3.90% in April, down from 4%. In the business field, Apple rose 3.42%, aft...

Trading Journal in Neue Trader May 04, 2018 at 05:50

In terms of economic indicators, the number of weekly applications for unemployment benefits stood at 211,000, compared to 225 000 and then 209 000 in the previous week. The ISM index for the services sector stood at 56.80 compared to the projected 58.00 and the trade deficit reached 49 000 M.USD, below the expected 50 000 M.USD. Factory orders increased 1.60% in March (vs. 1.40% estimated), while orders for durable goods grew 2.60% in the same month.

Trading Journal in Neue Trader May 03, 2018 at 06:38

Federal Reserve relaxed toward inflation rising above 2 percent signaling no intention to accelerate a gradual tightening of monetary policy.FED should raise benchmark rates in June.

Trading Journal in Neue Trader May 02, 2018 at 05:58

The dollar had its biggest advance in more than a week.

Trading Journal in Neue Trader May 01, 2018 at 06:26

In terms of economic indicators, consumption-related inflation, the measure most considered by the Fed, stood at 1.90% in March, compared to the same month last year, which puts it at highest level of the last 17 months. In the same month, household income increased 0.30% (vs. 0.40% estimated) and expenses grew 0.40% (vs.

Trading Journal in Neue Trader Apr 27, 2018 at 19:23

European markets were up on the last day of the week. As in the US, the highlight is for the technology sector.

EURUSD	1.07693	GBPUSD	1.25236	AUDUSD	0.66032
USDJPY	155.791	USDCAD	1.36714	USDCHF	0.90645

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