Market Event which could bring trading opportunities
Large bank traders are talking about pushing gold to 1200, however I do not detect the orders. Later today, Trump will unveil an ambitious tax plan. If the market dips I could consider adding some positions. Trump appears to be giving up on immediate funding for the wall. This concession from Trump is likely to
The trading relations between China and USA have been beneficial for both during the last four few decades. Furthermore, the world have adapted to the superb manufacturing power and recently to the wealth creation in China. Recent economic development in Asia will continue to create new opportunities while shifting manufacturing around the region. This can
This is a key figure for market bulls From Reuters: U.S. data next week will likely show the economy is still on solid ground despite struggling early in the first quarter. On Tuesday, the Commerce Department is expected to show the trade deficit narrowing to $44.9 billion in February from $48.5 billion in January.
Yesterday U.S. consumer confidence went to 16-year high. Today the market (ES Futures) failed to traded higher than yesterday’s high. U.S. consumer confidence surged to a more than 16-year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, indicating the economy was regaining momentum after faltering at the