Month: January 2019

ALPHA Market Update 09 January 2019


Market Update       United States FOMC Meeting Minutes will be held at 19:00 US President Trump re-issued on Tuesday that the US economic data "looks great." If he can enjoy long-term low interest rates like his predecessor, maintaining the historical highs of US stocks would be "very simple." According to the "Global Times", Trump also said on Twitter today that "consultation with China has been going very...

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ALPHA Market Update 08 January 2019


Market Update       United States Trade Balance data will be released at 13:30 JOLTs Job Openings data will be published at 15:00 The US ISM non-manufacturing index for December was 57.6, less than the expected 59.5, and hit a new low in July. The index rose to a high of 60.7 last month. On January 7, the US Navy's "Mc Campbell" warship entered the territorial waters of the XiSha Islands in China without the...

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ALPHA Market update 07 January 2019


Market Update       United States Cap Goods Ship Non Defense Ex Air and Factory Orders data will be published at 15:00 ISM Non-Manufacturing PMI will be released at 15:00 as well US December Non-Farm Payrolls increased by 312,000 people far exceeded expectations Unemployment rate rebounded to 3.9% Powell reiterated that the US economy and policy are not presupposed, saying that the Fed is carefully listening...

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ALPHA Market Update 04 January 2019


Market Update       United States Nonfarm Payroll and unemployment will be announced at 13:30 Markit Composite PMI and Service PMI will be published at 14:45 US December ISM manufacturing index hit the biggest decline after the financial crisis US ADP added employment of 271,000 in December, the highest in the past two years. After the data was released, spot gold was down by nearly $2 in short-term, USD/JPY...

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