Weekly forex futures positioning data from the CFTC for the week ending Tuesday, February 9, 2020
– EUR long 140K vs 137K long last week. Longs increased by 3K
– EUR long 140K vs 137K long last week. Longs increased by 3K
Schlagwort-Archiv: EUR
Some key events and releases next week
US retail sales. Australia employment. UK retail sales
Monday
Tuesday
Wednesday
Thursday
Friday
Monday
Tuesday
Wednesday
Thursday
Friday
Japanese government committee reportedly approves use of Pfizer vaccine
NHK reports on the matter
applied
applied
EU’s von der Leyen: Recovery fund may start to be dispensed by middle of the year
It only took them about a year since the pandemic to get this settled
The €672.5 billion recovery fund got the go-ahead from parliament yesterday and has been signed today. As much as von der Leyen that they are going to move „swiftly“ with this, waiting another few months before the initial funds are disbursed is
The €672.5 billion recovery fund got the go-ahead from parliament yesterday and has been signed today. As much as von der Leyen that they are going to move „swiftly“ with this, waiting another few months before the initial funds are disbursed is
FTSE 250 outperformance ahead?
FTSE 250
There are a number of reasons that the FTSE 250 may outperform the FTSE 100. They include the following reasons:
Insert UK vaccination speed
So, this means the FTSE 250 could be a decent buy between now and the start of June. An ETF could be a good way to expose yourself to this trade.
There are a number of reasons that the FTSE 250 may outperform the FTSE 100. They include the following reasons:
Insert UK vaccination speed
So, this means the FTSE 250 could be a decent buy between now and the start of June. An ETF could be a good way to expose yourself to this trade.
What did we learn from the last Bank of England meeting?
GBP
The last Bank of England rate meeting was always going to be about one thing; would the bank walk towards or away from negative interest rates? Since the start of the year Governor Bailey’s comments had been interpreted as walking back market expectation from the Bank using negative interest rates. The fact that the UK
The last Bank of England rate meeting was always going to be about one thing; would the bank walk towards or away from negative interest rates? Since the start of the year Governor Bailey’s comments had been interpreted as walking back market expectation from the Bank using negative interest rates. The fact that the UK
Risk sentiment softens as the recent momentum loses more steam ahead of the weekend
S&P 500 futures down 0.5% now
Meanwhile, European equities are also keeping lower with the DAX down 0.6% and other indices are also trading thereabouts on the session currently.
Meanwhile, European equities are also keeping lower with the DAX down 0.6% and other indices are also trading thereabouts on the session currently.
18% of UK workforce is furloughed
Office for National Statistics
However, with the UK having vaccinated around 20% of their population these furloughed workers will be able to spend their savings made during teh lockdown and boost the economy. Expect that to boost the GBP, the FTSE100, but the FTSE250 most of all due to its balance of financial and service sector
However, with the UK having vaccinated around 20% of their population these furloughed workers will be able to spend their savings made during teh lockdown and boost the economy. Expect that to boost the GBP, the FTSE100, but the FTSE250 most of all due to its balance of financial and service sector
UK vaccinates nearly 20% of population
UK ahead of the curve
Israel, UAE, and UK leading the charge in the vaccination race. Further good news for the FTSE100 and the GBP this year (post Brexit boost) the quicker this continues.
Israel, UAE, and UK leading the charge in the vaccination race. Further good news for the FTSE100 and the GBP this year (post Brexit boost) the quicker this continues.
Major currency pairs flat in quiet trading session
They didn’t say stop, they didn’t say go
Major pairs very flat, but that is unsurprising given the lack of economic data this week.
Good time to do a bit of learning. Check out the link below:
Major pairs very flat, but that is unsurprising given the lack of economic data this week.
Good time to do a bit of learning. Check out the link below: