PCM-Brokers / Blog
TRADING RECOMMENDATIONS AND TECHNICAL ANALYSIS Weak data on retail sales in the US in July, for the second quarter GDP and labor productivity, published earlier last week, significantly weakened the likelihood of higher interest rates in the US in the coming months...
TRADING RECOMMENDATIONS AND TECHNICAL ANALYSIS Optimistic forecasts of the International Energy Agency (IEA), which on Thursday said that the excess world oil reserves will be reduced as a result of the high demand, as well as statements by the Minister of Energy of Saudi Arabia Khalid al-Falih l...
TRADING RECOMMENDATIONS According to previously submitted data for the week, consumer prices fell 0.4% in July compared with the previous month and by 0.2% compared with the same period last year. Real retail sales in Switzerland in July fell by 3.9% in annual terms...
TRADING RECOMMENDATIONS According to a survey by the National Bank of Australia, business conditions and confidence in business circles in Australia in July worsened amid growing uncertainty over the long-term prospects for the Australian economy...
TRADING RECOMMENDATIONS According to the data presented on Friday, US GDP increased in the 2nd quarter by 1.2% seasonally adjusted, that is much less than expected by the forecast (+ 2.6%). The average annual growth of US GDP in the current economic cycle remains the weakest since at least 1949...
TRADING RECOMMENDATIONS US stock indices halted their record growth observed since the beginning of the month. DJIA index after reached new record highs near the mark of 18620 is reduced and is close yesterday and month lows near the mark 18370...
TRADING RECOMMENDATIONS Today, the yen has fallen sharply on the currency market after Japanese Prime Minister Shinzo Abe announced the decision to announce on August 2 in the amount of the program to stimulate the economy more than 28 trillion yen...
TRADING RECOMMENDATIONS Ironically, oil prices continue to decline in spite of the fact that the US Department of Energy on Wednesday reported a drop of oil in the country's stores to 2.342 million barrels for the week July 9-15...
TRADING RECOMMENDATIONS Yesterday, the dollar showed growth across virtually the entire foreign exchange market. From the United States continue to be positive macroeconomic data...