Wednesday, July 15, 2015

Action Insight Daily Report 7-15-15

ActionForex.com
Action Insight Market Overview Markets Snapshot

Daily Report: Yen Mixed as BoJ Stands Pat, BoC and Fed Yellen Watched

Yen is mixed today after BoJ kept policies unchanged as widely expected. The central bank will continue to expand the monetary base by JPY 80T annually. Interest rate was held near to zero level. Growth projection for the current fiscal year to March 2016 was lowered to 1.7%, down from prior forecast of 2.0%. Growth is expected to slow to 1.5% in fiscal 2016, and 0.2% in fiscal 2017. CPI projection for same period was lowered to 0.7%, down from 0.8%. For 2016 fiscal year, CPI forecast was lowered to 1.9%, down from 2.0%. That for fiscal 2017 was lowered to 1.8%, down from 1.9%.

Full Report Here...


jpyvol.png
nzdusdpiv.png

Featured Technical Report

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2697; (P) 1.2750; (R1) 1.2785; More...

With 1.2662 minor support intact, further rise is expected in USD/CAD to 1.2834 high. Break will resume the larger up trend and target next key resistance level at 1.3063. However, we'll be cautious on topping around that area as the corrective pattern from 1.2834 could extend. Below 1.2662 minor support will turn bias back to the downside for 1.2127 support.

Read more...

Economic Indicators Update

Get ready for a return to stock-picking: Quality growth investments to fit your own unique risk tolerance! At The MoneyShow Las Vegas, May 12-14, 2015, you can find potent growth investments in a fragile bull market. Hear from the industry's top experts such as Steve Forbes, Mark Mills, James Stack, and many more! Register for free now!

GMT Ccy Events Actual Consensus Previous Revised
0:30 AUD Westpac Consumer Confidence Jul -3.20% -6.90%
2:00 CNY Retail Sales Y/Y Jun 10.60% 10.20% 10.10%
2:00 CNY Industrial Production Y/Y Jun 6.80% 6.00% 6.10%
2:00 CNY Fixed Assets Ex Rural YTD Y/Y Jun 11.40% 11.20% 11.40%
2:00 CNY GDP Y/Y Q2 7.00% 6.80% 7.00%
3:18 JPY BoJ Monetary Policy Statement
8:30 GBP Jobless Claims Change Jun -8.8K -6.5K
8:30 GBP Claimant Count Rate Jun 2.30%
8:30 GBP ILO Unemployment Rate 3M) May 5.50% 5.50%
9:00 CHF ZEW (Expectations) Jul 0.1
12:30 CAD Manufacturing Shipments M/M May -21%
12:30 USD PPI M/M Jun 0.30% 0.50%
12:30 USD PPI Y/Y Jun -1.10%
12:30 USD PPI Core M/M Jun 0.10% 0.10%
12:30 USD PPI Core Y/Y Jun 0.60%
12:30 USD Empire State Manufacturing Jul 3 -1.98
13:15 USD Industrial Production Jun 0.20% -0.20%
13:15 USD Capacity Utilization Jun 78.20% 78.10%
14:00 CAD BoC Rate Decision 0.75% 0.75%
14:00 CAD Bank of Canada Releases Monetary Policy Report
14:00 USD Fed Chair Yellen Testifies
14:30 USD Crude Oil Inventories 0.4M
18:00 USD Federal Reserve Beige Book
Suggested Readings

Fundamental Highlights

Technical Highlights

INO TV Free

Forward this report to a friend!


This email was sent to mondemand.forex@blogger.com by contact@actionforex.com |  

Action Forex Company Limited | Room 1707, 17/F | Treasure Center | 42 Hung To Road | Kwun Tong | Kowloon | 852 | Hong Kong

No comments:

Post a Comment