Today was the only tradable day for me in terms of fundamental datas and intraday trading, however, i did not have too much actions and this week finally ended with quietness.
We started with the positive CPI & PPI datas from China, which could help AUD & USD & NZD.
Then moving on to European session, we had CHF PPI m/m came out better than expected.
Then USD PPI & Retail datas both came out positive than expected, but later on the Prelim UoM consumer sentiment was negative than expected and previous.
Regardless of the good USD datas, there were no deviations for me to enter any intraday trade.
Sentimentally, we had a risk on sentiment day with equity markets closed green cross the board. WTI had a small down day but still above $50.
The early Chinese datas had lifted the risk sentiment and we started the session with positive sentiment, later on the USD datas only helped it further.
The possibility of rate hike for USD in 2016 has increased alone side with the positive datas, however, Yellen’s speech shadowed the positive sentiment as she stated “aggressive steps may be needed to address an economy whose potential is slipping”. Once again, the rate decision is uncertain as Yellen’s conservation point of view, and that stopped the risk on sentiment.
Today was the only tradable day for me in terms of fundamental datas and intraday trading, however, i did not have too much actions and this week finally ended with quietness.
We started with the positive CPI & PPI datas from China, which could help AUD & USD & NZD.
Then moving on to European session, we had CHF PPI m/m came out better than expected.
Then USD PPI & Retail datas both came out positive than expected, but later on the Prelim UoM consumer sentiment was negative than expected and previous.
Regardless of the good USD datas, there were no deviations for me to enter any intraday trade.
Sentimentally, we had a risk on sentiment day with equity markets closed green cross the board. WTI had a small down day but still above $50.
The early Chinese datas had lifted the risk sentiment and we started the session with positive sentiment, later on the USD datas only helped it further.
The possibility of rate hike for USD in 2016 has increased alone side with the positive datas, however, Yellen’s speech shadowed the positive sentiment as she stated “aggressive steps may be needed to address an economy whose potential is slipping”. Once again, the rate decision is uncertain as Yellen’s conservation point of view, and that stopped the risk on sentiment.