Fundamental news and macroeconomic news to watch out for week 14 to 18th June 2021.

This week is preoccupied by fundamental analysis scenario kind of market trend moving news that is meant to affect many currencies for Forex Traders and Equities and Commodities. The following highlight of event are key for a trader who understands how to undertake fundamental and technical analysis. 

Three things we learned last week The S&P 500 reached a new all-time high after CPI figures spiked more than expected. The headline CPI rose by 5% year-on-year in May, driving US bond yields to three-month lows – CPI figures are sitting at the highest point since August 2008 amid low base effects from 2020. The European Central Bank (ECB) left its key rates steady, and the PEPP is expected to continue increasing at a higher pace until the end of March 2022. The Canadian dollar hits its 6-year high after the Central Bank of Canada decided to reduce its asset purchase programs, however last week the central bank held its interest rate unchanged. The loonie is one of the top-performing currency this year due to surging commodity prices, specifically in oil.

For your diary  Monday, June 14th  Japan Revised Industrial Production Euro Area Industrial Production Canada Manufacturing Sales BOE Gov Bailey Speaks   Tuesday, June 15th Australia Monetary Policy Meeting Minutes UK Average Earnings Index 3m/y UK Unemployment Rate BOE Gov Bailey Speaks US Core Retail Sales US PPI m/m US Empire State Manufacturing Index US Industrial Production New Zealand GDT Price Index   Wednesday, June 16th   China Industrial Production China Retail Sales UK CPI y/y Canada CPI m/m US Crude Oil Inventories FOMC Economic Projections US Federal Funds Rate New Zealand GDP  Thursday, June 17th RBA Gov Lowe Speaks Australia Employment Change Australia Unemployment Rate  SNB Monetary Policy Assessment  SNB POlicy Rate  US Philly Fed Manufacturing Index  US Unemployment Claims    Friday, June 18th  BOJ Monetary Policy Statement BOJ Policy Rate UK Retail Sales Euro Area ECOFIN Meetings

 Earnings Forecast week 14th - 18th June 

Listed below are our top picks for next week’s earnings:

 

• Monday, 14th June: PlugPower
• Wednesday, 16th June: AO
• Thursday, 17th June: Adobe and Kroger
• Friday, 18th  June: Carnival and Fitbit

 

Corporate action ahead

Here are this week’s big dividend announcements, with their forecasts:

• Monday: American International Group Inc with cash dividends of $0.32
• Monday: Coca-Cola Co/The  with cash dividends of $0.42
• Monday: Merck & Co Inc with cash dividends of $0.65
• Monday: Gilead Sciences Inc with cash dividends of $0.71
• Thursday: Taiwan Semiconductor Manufacturing Ltd  with cash dividends of $0.45
• Friday: UnitedHealth Group Inc with cash dividends of $1.45

 

 

Stocks rally, US dollar rebounds, Fed in focus

 

Equity markets had a positive run last week. The FTSE hit its highest level in one month and the S&P 500 registered a record close. The recovery story is not only helping equities, but also assisting oil – which set a new two-year high. On Friday, the US dollar hit a one-week high, which dented the EURUSD and GBPUSD. Gold suffered too because of the rally in the US dollar.

The Fed meeting on Wednesday will be the highlight of the week ahead. Recently, the Fed have stated they will not look to tighten their extremely loose monetary policy until their economic targets have been achieved. Last week, the jobless claims reading fell to its lowest level since the pandemic, which is encouraging but with an unemployment rate of 5.8%, it is still greatly higher than the pre-pandemic level of 3.5%.

The latest CPI reading jumped to 5%, but it is likely the Fed will reiterate its view that inflationary pressure will only be ‘transitory’. On the other hand, should the Fed say the US is rebounding at a faster rate than expected, that could ramp up the dollar and hurt stocks.

 Traders will get a good indication of demand in the US as the retail sales reading is due to be released. UK data will also be in focus as the latest CPI and retail sales updates will be announced too. The pound Sterling has been strong lately as many restrictions in the UK have been lifted thanks to Britain’s great vaccination scheme.

Trading Analysis for EUR/USD

ECB head K. Lagarde said in an interview with Politico that it is too early to discuss the end of the bond-buying program within the framework of the PEPP anti-crisis program.

Our Analysis:

While the price is above 1.1980, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 1.2098
• Take Profit 1: 1.2265
• Take Profit 2: 1.2350

Alternative scenario:

If the level 1.1980 is broken-down, follow the recommendations below:

• Time frame: D1
• Recommendation: short position
• Entry point: 1.1980
• Take Profit 1: 1.1880
• Take Profit 2: 1.1775

Trading Analysis for GBP/USD

Goldman Sachs analysts believe the Fed will not yet signal an imminent unwinding at this week's monetary policy meeting (June 15).

Our Analysis:

While the price is above 1.3970, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 1.4116
• Take Profit 1: 1.4240
• Take Profit 2: 1.4380

Alternative scenario:

If the level 1.3970 is broken-down, follow the recommendations below:

• Time frame: D1
• Recommendation: short position
• Entry point: 1.3970
• Take Profit 1: 1.3800
• Take Profit 2: 1.3670

Please do your analysis too, then confirm with our recommendation for this is not a trading signal.

Use our credited brokers for your investing activities. 

• Orbex.com
  
• FX Primus.com
  
• Grand Capital
  
• SuperForex
  
• FBS
  
• MogaFx
  
• IQ Options
  

To those who are starting or would wish to know how to trade, please check on the right side of this article and download the pdf books for free to kick start your investing careers.

Thank you for reading this article, we value presence. 

Have a wonderful and profitable week days ahead. 

Lockdowns opportunity to create income by Investing in Financial or Capital Markets.

The COVID-19 pandemic has caused many families to experience hardship due to frequent lockdowns by the governments in various countries in order to reduce the spread of the viruses that have resulted to deaths. Life has never been the same again in the midst of the pandemic where many people have lost their jobs, been hospitalized, are desperate for new financial avenues and extra extra. You may have lost hope after being retrenched from your occupation but I am here to shine light in your struggles. What ever I am going to share with you is not a get rich quick system but is a steady income generating gateway for long term wealth creation. This is investing in Capital Markets like how Warren Buffet has been doing for the past 50 years in his effort to acquire his wealth in long term time period. 

Capital markets are not reversed or accessible for only MITs, Harvard or Wharton graduates of BUSINESS FINANCE bachelors degree guys alone but it is accessible for you too a common young man, college student, hotel waiter, 9-5 job worker or stay-at-home mom. In JANUARY 2021, we all witnessed the GameStop investing activities by common joes or folks like you who ended up making fortunes in the midst of the lockdowns. There it is possible for you and me to replicate the same in this particular field. 

To be a retail investor just like those who pulled the GameStop investing event, right the few requirements you need are 

A SMARTPHONE OR COMPUTER OR LAPTOP.

INTERNET ACCESS.

WILLING TO LEARN HOW TO TO PLACE A TRADE AND WHEN TO PLACE IT.

I believe these requirements are easily accessible because you are reading this article having fulfilled all the three conditions. Congratulations ladies and gentlemen 👏👏👏, allow me to launch phase 2 of our project which is to define what it takes to be a retail investor in financial or capital markets. Yes the market is accessible to all, it is easy for all to participate after knowing the following

LEARNING THE DYNAMICS OF THE MARKETS 

Just as if you are having money a car, you will need to head to a car selling showroom then choose the one that is pocket friendly to your budget, then be given the car after paying for its purchase. If you have never driven a car, you may need an assistance on how to learn drive the car before you can confidently drive your car. In Financial you will need to learn too, because investing will be a life long career to you just as Warren Buffet has been. Here we are not going to tell to go back to university to undertake a course in Business Finance option but we will you a free gateway to learning materials without charging you any cent. This learning material will guide from the most basic concepts to advanced facts that will help in your laptop income earning lifestyle. Click Here To Access the link where you will be taught for free with nice video presentations about capital markets in and outs. 

DOING INVESTING ACTIVITIES.

After learning the dynamics of investing which include fundamental analysis, technical analysis, how to analyze the market trends, when to place a trade or position and strategies to use then you are ready ladies gentlemen. You are ready to become a retail investor where you are managing your own funds that can become your wealth in the long run just as Warren Buffet, Ray Dalio, Bill Ackman and Peter Schiff or other legends in investing arena. 

As an investor you will need to practice the following;

1. Invest your funds wisely- You are required to choose a broker that has been providing their services after a long period especially 5 to 30+ years in this business of capital markets. Having a good broker is wise for safeguarding your funds from AMATUER brokers who can close shop and disappear with your funds. Investing wisely will also entail developing a good habit of money management skills, diversifying your trades, not overleveraging your positions in one trade and having discipline. I will tell you for free, investing is an infinite game where you are looking forward to be consistent with profit generation for long term gains your journey of becoming wealthy. 
2. Understand Risk and Reward ratios- Every investing decision in this field is accompanied by risk which will reward you with profits or losses. Profits are revenues that can ensure you earn income while losses are the opposite. Being an investor who is looking to the future, you should limit greed, fear and emotions when trading in this market. Be satisfied by consistent gains that are like compound interest which we investors attribute to it as the eighth wonder of this world. A calculated risk will reward you while vice versa will punish you by wiping out your funds.   
3. The trend is your friend; To successfully place a winning trade, you need to analyze where the direction and magnitude that the trend may cover or move. Think of a trend like a plane taking off or landing to the runway. A BULLISH TREND is the trend that is rising up due to price of a commodity or financial investment instrument sharply or steadily rising up just as a plane takes off from the runway and rising into the air to new high altitudes. On the hand, we have the BEARISH TREND which is a dropping trend due to price of commodities sharply or steadily falling just as plane will land on a running after flying. To learn more about trends please click the links attached here bullish trends and bearish trends. 
4. Finally maintain Consistency; Consistency is like driving a car where you have to main a particular speed to avoid accidents, malfunctioning of car parts, enjoy your ride and travel safely to destinations. By being a consistent profit maker investor, you will eventually make more money in the long hence becoming wealthy. The goal of any investor is to maintain consistency in their results to ensure that they remain in the game for long, with positive gains and profits on their portfolio balance sheets. You are here to be wealthy in the long run not get rich quick in the a short period therefore patience is virtue to all successful investor.

To wrap up, investing is good for all, be encouraged to try it out because may be it is your wildcard to success in your life. You deserve better, you deserve the finest amenities that life can offer, you are build for this. Now take a leap of faith to try it. 

Here we shall offer you more by giving you links to some of the best brokers in this business. Therefore, just go forward and choose all of them. Create an account, then the customer care will call you to guide on way forward. 

• ORBEX.COM
  
• FX PRIMUS
  
• Grand Capital
  
• Super Forex
  
• IQ Options
  
• FBS

Welcome to investing. Best of regards. 

For any consultation please free to leave a comment in the box below. 

The Smart Investor.

 

FOREX OUTLOOK FOR 4TH APRIL 2021

 EURUSD Short Term: Downside favored

Time: 05-04-2021 04:30:0

Pivot: 1.1860

Technical View: Short position below 1.186. Target 1.17. Conversely, break above 1.186, to open 1.19.

Comments: The pair remains under pressure. Further weakness favored.

Key levels

1.1940

1.1900

1.1860

1.1770 Last Price

1.1700

1.1650

1.1600

GBPUSD Near Term: Upside favored

Time: 05-04-2021 04:00

Pivot: 1.3780

Technical View: Long position above 1.378. Target 1.388. Conversely, break below 1.378, to open 1.374.

Comments: The pair faces corrective pullback before fresh rally.

Key levels

1.3960

1.3920

1.3880

1.3836 Last Price

1.3780

1.3740

1.3700

USDJPY Near Term: Upside favored

Time: 05-04-2021 04:35:00

Pivot: 110.40

Technical View: Long position above 110.4. Target 111. Conversely, break below 110.4, to open 110.2.

Comments: The pair remains supported. Further advance favored.

Key levels

111.40

111.20

111.00

110.56 Last Price

110.40

110.20

110.00

GBPJPY Near Term: Upside favored

Time: 05-04-2021 04:37:00

Pivot: 152.00

Technical View: Long position above 152. Target 153.5. Conversely, break below 152, to open 151.5.

Comments: The pair remains supported. Further advance favored.

Key levels

154.50

154.00

153.50

152.99 Last Price

152.00

151.50

151.00

Recommended brokers for trading with please consider the following. 

1. FXTM 
2. Orbex.com
   
3. FXPrimus 
   
4. SuperForex

Trade online carefully, don't over leverage your positions, invest in forex with care, less greed and courage. 

STAY SAFE AND TRADE SMARTLY.

BEST OF REGARDS