Based on all announced figures until the moment, it is undoubtedly predicting that the losses of the American labour market in April will be deeper than what was recorded in the 2008 crisis, and we can estimate those losses by about 26 million jobs, which raises the unemployment rate to 20%, while opinion polls show…
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In addition to the consumer confidence survey data, the release of the "Initial" PMI for March is expected to indicate the performance of the industrial sector and will provide insight into the extent and depth of the turmoil. If we look at the services sector, which already showed signs of turmoil in February after the…
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The following market analysis was prepared by Ramy Abouzaid, ATFX (AE) Head of Market Research. Following the outbreak of the coronavirus and the uncertainty in the markets, the eurozone economic sentiment - especially in its biggest economic countries – wasn’t really optimistic. And it is not like, they were that optimistic before - many long…
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The following article was written by Ramy Abouzaid, Head of Market Research of ATFX (AE). The retail sales figures are a significant part of the economic data released by the US economy, and its release is one of the most influencing events in the market during the month. The importance of the retail sales report…
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The following market analysis was prepared for LeapRate by Ramy Abouzaid, ATFX (AE) Head of Market Research. Despite the significant spike of the inflation rate across the 19 economies of eurozone, which reached a six-month high last month – the European Central Bank is still far from reaching its range of 2% inflation rate needed to reflect…
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The following market analysis was prepared for LeapRate by Ramy Abouzaid, ATFX (AE) Head of Market Research. In the early hours of Wednesday the 8th of January 2020, the Pentagon confirmed the attacks targeting two American bases on Iraqi soil with fifteen ballistic missiles launched from Iranian territory. According to US military sources, via ABC news networks,…
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The following market analysis was prepared for LeapRate by Ramy Abouzaid, ATFX (AE) Head of Market Research. Faced with a historical impeachment, Trump tweeted “I’m not worried!” Democrats: “We did not choose this impeachment”, Republicans answer “oh come on”. On Wednesday the 18th of December - a Democratic-led US House of Representatives impeached US President Donald…
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The following market analysis of Gross Domestic Product Annualized (Q3) was prepared by Ramy Abouzaid, Head of Market Research at ATFX. Germany's Q3 GDP came in better than expected after showing limited growth in the euro zone's largest economy by 0.1% QoQ and 0.5% YoY, showing a consolidation in the economy after GDP growth slowed…
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The following article was exclusively prepared for LeapRate by Ramy Abouzaid, ATFX (AE) Head of Market Research. Before we talk about our expectations for changes in ZEW Survey – for German economic sentiment, it is important to start with the latest reading of the German Manufacturing PMI, because of the usual correlation read for the two indicators…
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The following article was exclusively prepared for LeapRate by Ramy Abouzaid, ATFX (AE) Head of Market Research. Mario Draghi will formally end his presidency of the European Central Bank by the end of October to hand over Mrs Lagarde to the presidency of the European Central Bank, as the first woman to hold such a high…
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