Key data this week Bold indicates the most important releases for this symbol. Tuesday 6 October, 12.30 GMT: Canadian balance of trade (August) - consensus -C$2.5 billion, previous -C$2.45 billion Tuesday 6 October, 12.30 GMT: American balance of trade (August) - consensus -$66.1 billion, previous -$63.6 billion Tuesday 6 October, 20.30 GMT: API crude oil…
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Key data this week Bold indicates the most important releases for this symbol. Wednesday 30 September, from 1.00 GMT: American presidential debate Wednesday 30 September, 6.00 GMT: British annual GDP growth (Q2, final) - consensus -21.7%, previous -1.7% Wednesday 30 September, 6.00 GMT: British quarterly GDP growth (Q2, final) - consensus -20.4%, previous -2.2% Wednesday…
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Limitation on Leverage You probably know by now the part that leverage plays in online Forex trading. Offered by Forex brokers as borrowed funds, leverage allows traders to access more money, giving them power to trade in larger volumes. Many brokers provide leverage as high as 1:1000 to attract more clients. With such leverage, a…
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Key data this week Bold indicates the most important releases for this symbol. Tuesday 15 September, 9.00 GMT: ZEW economic sentiment index (September) - consensus 69.8, previous 71.5 Tuesday 15 September, 23.50 GMT: Japanese balance of trade (August) - consensus -¥37.5 billion, previous ¥11.6 billion Tuesday 15 September, 23.50 GMT: Japanese annual exports (August) -…
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GOLD The gold price is slightly recovering following modest gains for stocks as investors look for new market movers. The macroeconomic calendar is not too busy today, while EUR/USD is also steady with the euro gaining just a few pips. The main scenario remains unchanged as bullion is still in a long-term bullish trend, while in…
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AstraZeneca holds firms after positive news on Covid-19 vaccine trial hiccup After reporting late on Tuesday that it had paused its Covid-19 vaccine trial due to participant illness, AstraZeneca’s London listed shares closed the day in the green. Per CNBC, the company’s CEO Pascal Soriot told investors on a private conference call on Monday morning…
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EUROPEAN SHARES Stock markets opened mixed but steady this morning as traders now brace for today’s ECB meeting after a volatile trading week so far. The recent mounting bearish drivers on stocks (drying stimulus, US-Sino tensions, Brexit talks and valuation issues in the tech sector) have made the mid-term outlook much harder to predict for…
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Key data this week Bold indicates the most important releases for this symbol. Tuesday 8 September, 6.00 GMT: German balance of trade (July) - consensus €22 billion, previous €15.6 billion Tuesday 8 September, 6.45 GMT: French balance of trade (July) - consensus -€4.8 billion, previous -€8 billion Tuesday 8 September, 9.00 GMT: eurozone-wide annual GDP…
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Key data this week Bold indicates the most important releases for this symbol. Tuesday 1 September, 13.30 GMT: Canadian Markit manufacturing PMI (August) - consensus 53, previous 52.9 Tuesday 1 September, 13.45 GMT: American Markit manufacturing PMI (final, August) - consensus 53.6, previous 50.9 Tuesday 1 September, 14.00 GMT: ISM manufacturing PMI (August) - consensus…
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Key data this week Bold indicates the most important releases for this symbol. Tuesday 25 August, 6.00 GMT: German quarterly GDP growth (final, Q2) - consensus -10.1%, previous -2% Tuesday 25 August, 6.00 GMT: German annual GDP growth (final, Q2) - consensus -11.7%, previous -2.3% Tuesday 25 August, 8.00 GMT: Ifo Business Climate (August) -…
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