Recent content by mauriforex

TOMORROW NON FARM PAYROLLS Hi everybody, today's session confirmed the weakness of the stock markets that could continue this downward phase after the upward movement of May. As expected, nothing changed in Europe about the rate decisions of the ECB and the BoE which confirmed the current...

INTEREST RATE IN EUROPE AND UK Hi everybody, also today I start my daily post with an Australian data, the first quarter GDP, resulted lower than expected. Otherwise the gross domestic product in the euro zone, in line with expectations, had a decline of 0.2% in the first quarter of 2013...

INTEREST RATE IN AUSTRALIA Hi everybody, as expected the RBA left the interest rate unchanged at 2.75%, also considering new restrictive measures and rate cuts in the future due to the actual strength of its currency against the USD and the difficult situation of its exports (generating...

PMI MANUFACTURING Hi everybody, this day might be called the PMI Manufacturing Day because we have this important market mover in different geographical areas: China (49.2 lower than expected), Germany (49.4 higher than expected), Euro zone and UK (respectively 48.3 and 51.3, both above...

WEEKLY VIDEO ANALYSIS Hi everybody, today ends the month of May and a week characterized by a "standard" volatility: just one interest rate decision (in Canada), several economic data from Europe and U.S.A and stock markets that, although in a very short-term sideways range, continue to...

Hi, sorry I didn't understand what did you mean?!! Greetings, Maurizio

WEAK DOLLAR Good night, the macroeconomic calendar today gave us interesting data from the United States, such as GDP (+2,4% lower than expected), the personal consumption (above the forecast) and especially the jobless claims (worst than expected and generating a USD sell off), and from...

DAILY ANALYSIS Hello traders, as expected the Bank of Canada kept the interest rate unchanged at 1% probably delegating the next governor about any decision on monetary policy changes (in fact Mark Carney will move to the Bank of England next July). From Germany we had today the data on...

NEW ECB CUTS? Hello traders, with the reopening of the U.S. and English market we saw a normal liquidity which led the major markets to close the session in a positive way, also considering the words of the Chief Economist and ECB member Mr. Peter Praet, according to which there will not be...

Hi, ECB Chief Economist Mr.Praet just said QE in the eruo zone could continue and we might have new interest rate cuts..so Eur could be weaker and Usd could rise! Let's see what will happen! Greetings, Maurizio

MEMORIAL DAY Good night, this last week of May begins with less liquidity in the market due to the closing of the US and UK Stock Exchange for holiday. In the Minute of the Bank of Japan it's been told as some of its members highlighted skepticism about achieving the inflation target of 2%...

WEEKLY VIDEO ANALYSIS Good night, another week of volatility is over and this time it's been characterized not by interest rate decisions (only in Japan), but by a series of reports of central banks and macroeconomic data that caused strong movements on stock markets and foreign exchange. In...

CONTRACTION IN CHINA? Good night, as mentioned yesterday we had an economic calendar full of market movers: inflation expectations of 2.3% in Australia, the Chinese manufacturing index (lower than expected and with the danger of an economic contraction that let Asian markets drop), the...

AMERICAN QE CONTINUES Good night, the Bank of Japan confirmed today the level of interest rates (0.10%) as well as the actual monetary policy, explaining that Japanese economy has started picking up not because of an increase in exports, but due to the end of its decrease. In England, where...

INTEREST RATE IN JAPAN Good night, the Australian central bank announced this morning the Minute of the last interest rate decision by pointing out that reduction was due to the need to support investment of local enterprises, especially in the mining sector. The inflation target for the...