MetisEtrade Global

01/05/2017

AP majors to stay on the sidelines
After the notable releases from China and New Zealand this week, Asia-Pacific majors could stay on the sidelines as investors await more pressing releases from the American region. The anticipation for tomorrow’s monthly-awaited US non-farm payroll figures could affect the Asia-Pacific market today.

AUDNZD
Expected range is between 1.03400 and 1.04700.

12/28/2016

BOJ to end the year with summary of opinions
The last release from Japan will come from the central bank, which will release a report regarding the country’s projection for inflation and economic growth for 2017. With this summary of economic and monetary projections, the market could see whether the Bank of Japan remains confident that the economy will make a strong recovery.
Read more: http://www.metisetrade.com/global/market-research/reports/

12/23/2016

Volatility ahead of the holidays
The American session could see some volatility today as stakeholders make last-minute trades ahead of the long-weekend. The US dollar is expected to sustain its strength today as the impact of the positive releases continue to take effect on the world’s most traded currency. Read more: http://www.metisetrade.com/global/market-research/reports/

12/19/2016

MORE ACTION-PACKED DAYS AHEAD
Heightened volatility is expected to continue this week, with more economic releases up for release. After staying on the sidelines for the past two weeks, Asian currencies will be in focus as most releases this week will come from the Asia-Pacific region.

The week will start with Bank of Japan’s rate decision and monetary policy statement. The yen could see some recovery this week, as the central bank is expected to stay put and hold off further easing. The recent depreciation of the yen due to a Trump presidency is forecasted to help the export-oriented economy.

Read more: http://www.metisetrade.com/global/market-research/reports/

12/15/2016

The following are highlights of Federal Reserve Chair Janet Yellen's press conference on Wednesday following the end of a two-day meeting of the U.S. central bank's policy-setting committee.

12/08/2016

https://www.theguardian.com/business/live/2016/dec/08/ecb-stimulus-qe-draghi-italy-bank-rescue-business-live

European Central Bank could extend its quantitative easing programme today, as the future of Italy’s weaker banks hangs in the balance

12/08/2016

New Zealand central bank Governor Graeme Wheeler said interest rates are probably low enough to return inflation to his 2 percent goal amid a robust economic expansion.

12/07/2016

http://mobile.abc.net.au/news/2016-12-07/economic-growth-gdp-data-abs/8099480?pfmredir=sm

Australia's economy shrinks 0.5 per cent in the September quarter, well below already pessimistic analyst forecasts and its worst decline since the global financial crisis.

11/22/2016

Canadian data to spur American session
Canada’s retail sales figure is due for release, and could spike volatility in the American session today. Sales at a retail level is expected to grow by 0.7% for the month of September following a decline of 0.1% the previous month. If positive data confirms, the Canadian dollar could surge further especially with higher oil prices.

Meanwhile, there is room for the US dollar to strengthen against Asia-Pacific and European currencies considering that there are no movers from these markets.

Expected range between 0.70000 and 0.70700.

11/21/2016

DOLLAR TO RELAX ON QUIET TRADING?

After the US dollar’s sharp appreciation for the past few weeks, there is room for the currency to relax a little bit especially with just a few scheduled releases this week. The US’ only movers this week will be the durable goods orders data and the Federal Open Market Committee minutes of the November meeting.
Read more: http://www.metisetrade.com/global/market-research/reports/