ZuluTrade Blog
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Daily Morning Briefing

Nowotny gives the hint - EURUSD Technical Outlook

Friday, March 17, 2017 4:19 AM GMT
FOMC offered the initial boost on EURUSD, so USD weakness, but Nowotny confirmed the positive momentum on the pair. The Austrian ECB council member gave an exclusive interview on Handelsblatt and he implied the possibility of loosing ECB’s monetary in a different way than FED. [More]
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Daily Morning Briefing

Kuroda Believes Japan Continues its Economic Recovery

Thursday, September 17, 2015 1:23 PM GMT
The Federal Reserve will raise interest rates Thursday at the conclusion of its two-day meeting for one very specific reason, closely followed market watcher Jim Grant said Wednesday. "I think they do it for the very human reason that Janet Yellen wants to change the subject as much as we want to have it changed... [More]
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Daily Morning Briefing

US Retail Sales Rise for the Second Straight Month

Wednesday, September 16, 2015 12:28 PM GMT
The ZEW Indicator of Economic Sentiment for Germany has declined in September 2015. Decreasing by 12.9 points compared to the previous month, the index now stands at a level of 12.1 points (long-term average: 24.9 points). “The weakening economic development in emerging markets dampens the economic outlook for Germany’s export-oriented economy... [More]
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Global Worries Could Affect Wall Street Estimates

Monday, September 7, 2015 4:20 AM GMT
- Japan's Prime Minister Abe: Economic policies have swept away deflationary sentiment; economy remains top priority. (Source: FxStreet)- Asian equities update: Nikkei 225 17907.64 (+0.65%), Hang Seng 20842.62 (+0.01%), Shanghai Comp 3192.45 (+1.02%) as of 02:11:56 AM GMT. (Source: FxStreet)- Employers added 173,000 workers in August and the jobless rate dropped to 5.1 percent, a level that the Federal Reserve considers to be full employment. The gain in payrolls, while less than forecast, followed advances in July and June that were stronger than previously reported, the Labor Department said Friday. The unemployment rate is the lowest since April 2008. Average hourly earnings climbed more than forecast and workers put in a longer workweek, the report also showed. (Source: MarketPulse)- All 17 of economists surveyed by Bloomberg predict RBNZ will cut its cash rate target to 2.75% during its September 10th meeting. (Source: DailyFX)- Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push third-quarter revenue and earnings estimates lower this month. Wall Street expects a 3.4 percent decline in earnings for the S&P 500 .SPX for the quarter. Estimates have already fallen for 9 out of 10 of the benchmark index's sectors so far this year, according to Thomson Reuters data. S&P revenue is expected to fall 2.8 percent for the quarter, led by steep declines in the energy and materials sectors. (Source: Reuters)-Since August 14th, New Zealand economic releases have been increasingly outperforming relative to economists' expectations. (Source: FXStreet)- EUR EU's Moscovici: Investment also driving European recovery; structural reforms also boosting European growth. Greek accord shows Euro zone to remain intact; Draghi found right tone in face of turbulence. (Source: DailyFX)- So far this session JPY has been the best performing major vs USD with +1.00% spot returns while NZD has been the worst with -1.55%. (Source: stocktwits)-  NZD, AUD, CAD have been the most active majors vs the USD with 1week implied volatility of 18.05, 13.90 and 12.06 respectively. (Source: FxStreet) - GBP/JPY sellers challenge the 38.2% Fibonacci expansion at 179.80, pound hits Lowest in 4 Months. (Source: DailyFX)- Today’s Upcoming Events: German Industrial Production, Japanese Current Account and GDP,  EZ Sentix Investor Confidence, Bank Holiday both in US and Canada.          
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Daily Morning Briefing

Dragi Finally Droppes Relief on FX Markets

Friday, September 4, 2015 10:11 AM GMT
Fed's Kocherlakota: ''China growth uncertainty a source of volatility. Market turmoil hasn't changed his policy outlook. Canadian recession won't have big impact on US. Doesn't see risks of rapid asset price decline. Finally he said that '' Fed should not raise rates in 2015, since 2015 rate rise will delay achieving 2% inflation.''... [More]
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Daily Morning Briefing

Currencies Around the Globe are Crashing

Thursday, September 3, 2015 1:26 PM GMT
China's loss may be America's gain. A small survey released by FT Confidential this week found that China's economic slowdown and stock market gyrations are likely to spur more of its wealthy to put... [More]
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Daily Morning Briefing

September - a Month Nobody will Forget

Wednesday, September 2, 2015 9:07 AM GMT
September is the only month where the DJIA has averaged declines for the past 100, 50 and 20 years. So what was August... a warm-up? Before last Monday's plunge we asked in this space whether August was the fat lady gargling before September. Thursday will be the 86th anniversary of the 1929 top and with Mr. Market... [More]
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Daily Morning Briefing

OPEC Worries Over Oil Prices Drop

Tuesday, September 1, 2015 9:44 AM GMT
China accounted for 17 percent of the world’s gross domestic product in 2014.1 It is also the world’s largest saver,2 but it is almost a closed economy in terms of capital flows... [More]
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Daily Morning Briefing

Asian Stocks Continue to Fall

Monday, August 31, 2015 12:43 PM GMT
New Zealand Prime Minister John Key: ''economy well-paced to handle global ups, downs. Also, he added that economy faces headwinds from dairy and China outlook, economy will still expand at about 2% pace... [More]
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Daily Morning Briefing

William Dudley Drops a Major Dovish Hint

Thursday, August 27, 2015 11:16 AM GMT
BoJ Governor Kuroda: '' China likely to achieve 6-7% real GDP growth this year, also expects 6-7% growth in China next year.. and If FOMC raises that means US strong, so is good sign... [More]

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