Action Insight Mid-Day Report 7-1-20

Euro Tumbles in Indecisive Markets, Mildly Risk-off

Action Insight Mid-Day Report 7-1-20 Euro Tumbles in Indecisive Markets, Mildly Risk-off Markets continue to trade in rather indecisive mode today. DOW futures point to mildly lower open, following European stocks, and is getting not support from solid ADP job data. Yen appears to be rebounding but it's kept well above near term resistance level against others. Swiss Fran, on the other hand, is paring some of this week's gain, but Euro is even weaker for no apparent reason, other than cross selling against other Europeans. Overall, major pairs and crosses are bounded inside last week's range. Breakout is awaited, hopefully triggered by ISM manufacturing and FOMC minutes. Technically, EUR/USD's range of 1.1168/1.1348 remains a focus for now. We're slightly preferring downside breakout but let's see. EUR/CHF's breach of 1.0623 support is already a sign of Euro weakness. Break of 0.9175 support in EUR/GBP and 119.31 support in EUR/JPY will be further proof. These would be the levels to watch for now. In Europe, currently, FTSE is down -0.48%. DAX is down -0.80%. CAC is down -0.84%. Germany 10-year yield is up 0.0492 at -0.404. Earlier in Asia, Nikkei dropped -0.75%. China Shanghai SSE rose 1.38%. Singapore Strait Times rose 0.78%. Japan 10-year JGB yield rose 0.0190 to 0.052. Hong Kong was on holiday. Full Report Here US ADP jobs grew 2369k in Jun, May revised up to... BoE Haskel: Current monetary stance appropriate but risks are to the... ECB Panetta: Eurozone has weathered coronavirus shock as well as expected UK PMI manufacturing finalized at 50.1, marked turnaround but employment a... Eurozone PMI manufacturing finalized at 47.4, strong initial recovery China Caixin PMI manufacturing rose to 51.2, limited impact from recent... Japan PMI manufacturing finalized at 50.1, change of V-shape recovery slim Japan tankan large manufacturing dropped to -34, worst since 2009 Australia AiG manufacturing rose to 51.5, building approvals dropped -16.4% Top Movers | HeatMap | Pivot Points | Pivot Meters | Action Bias | Vol Policy Divergence Continues to Support AUDNZD Strength PBOC to Ease Less Aggressively as Debt Problems Intensify after Months... CFTC Commitments of Traders fx – Bets on USD Still Limited... Central Bank Views | China Watch | Oil N' Gold | Special Topics EUR/USD Mid-Day Outlook Daily Pivots: (S1) 1.1196; (P) 1.1229; (R1) 1.1267; More.... Intraday bias in EUR/USD remains neutral for the moment and outlook is unchanged. On the downside, break of 1.1168 will target 38.2% retracement of 1.0635 to 1.1422 at 1.1121. Sustained break there will argue that whole rebound from 1.0635 has completed and bring deeper fall to 61.8% retracement at 1.0936. On the upside, break of 1.1348 will likely resume the rise from 1.0635 through 1.1422 to 1.1496 key resistance. Full Report Here EURUSD | USDJPY | GBPUSD | USDCHF | AUDUSD | USDCAD EURJPY | EURGBP | EURCHF | EURAUD | GBPJPY Recommended Readings GBPJPY Edges Sideways Below 200 Moving Average US Futures Sliding, Watch FDX, AAPL, FB, BYND Asian Equities Stage Rally, Europe and US Expected to Follow US Dollar Index Tries To Surpass 23.6% Fibonacci EUR/GBP Outlook: The Cross Is Spiraling Lower After Larger Bulls Stalled GBP/USD Outlook: Tuesday's Bullish Engulfing Signals Reversal But More Work At The Upside Required For Confirmation EURAUD Posts 'Death Cross', Yet Remains Quiet EUR/USD Outlook: Neutral Mode Between 20 And 30DMA's The Coronavirus Crisis Has Highlighted The Trouble Spots Gold Soars On Virus Risks, Softer Dollar, US Data Awaited Gold's Strength Prevails, Defeats All Obstacles USDCHF Moves Sideways, But Negative Trend Still In Play NZDUSD Capped By 20-Day SMA, Indicators Appear Mixed USDJPY Needs Support Near 107.50 To Sustain Strength What's Next After The Q2 Rally? Fundamental Analysis | Technical Analysis In-depth Reports Policy Divergence Continues to Support AUDNZD Strength PBOC to Ease Less Aggressively as Debt Problems Intensify after Months of Liquidity Injection Emerging from Lockdown: A V-Shaped Recovery or False Optimism? Economics And Macro Strategy: Risks From A Resurgence In COVID-19 Gold's Rally Set to Resume, Supported by Low Yield, Geopolitics and Second Virus Wave HKD Supported by Low US Yield and Seasonal Factors, Despite Huge Political Uncertainty Ahead Economic Calendar GMT Ccy Events Actual Forecast Previous Revised 22:30 AUD AiG Performance of Mfg Index Jun 51.5 41.6 22:45 NZD Building Permits M/M May 35.60% -6.50% -9.90% 23:01 GBP BRC Shop Price Index Y/Y May -1.60% -2.40% 23:50 JPY Tankan Large Manufacturing Index Q2 -34 -31 -8 23:50 JPY Tankan Large Manufacturing Outlook Q2 -27 -24 -11 23:50 JPY Tankan Non - Manufacturing Index Q2 -17 -18 8 23:50 JPY Tankan Non - Manufacturing Outlook Q2 -14 -15 -1 23:50 JPY Tankan Large All Industry Capex Q2 3.20% 2.10% 1.80% 00:30 JPY Manufacturing PMI Jun 40.1 37.8 37.8 01:30 AUD Building Permits M/M May -16.40% -6.00% -1.80% -2.10% 01:45 CNY Caixin Manufacturing PMI Jun 51.2 50.5 50.7 05:00 JPY Consumer Confidence Index Jun 28.4 20.9 24 06:00 EUR Germany Retail Sales M/M May 13.90% 4.10% -5.30% 07:30 CHF SVME - PMI Jun 41.9 48.1 42.1 07:45 EUR Italy Manufacturing PMI Jun 47.5 48 45.4 07:50 EUR France Manufacturing PMI Jun F 52.3 52.1 52.1 07:55 EUR Germany Unemployment Change Jun 69K 120K 238K 07:55 EUR Germany Unemployment Rate Jun 6.40% 6.60% 6.30% 07:55 EUR Germany Manufacturing PMI Jun F 45.2 44.6 44.6 08:00 EUR Eurozone Manufacturing PMI Jun F 47.4 46.9 46.9 08:30 GBP Manufacturing PMI Jun F 50.1 50.1 50.1 11:30 USD Challenger Job Cuts Jun 170.219K 397.016K 12:15 USD ADP Employment Change Jun 2369K 3000K -2760K 3065K 13:45 USD Manufacturing PMI Jun F 49.6 49.6 14:00 USD ISM Manufacturing PMI Jun 49 43.1 14:00 USD ISM Manufacturing Prices Paid Jun 36 40.8 14:00 USD ISM Manufacturing Employment Index Jun 35 32.1 14:00 USD Construction Spending M/M May 1.00% -2.90% 14:30 USD Crude Oil Inventories 1.4M 18:00 USD FOMC Minutes

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What's the Average 401(k) Balance by Age?

How much money people have put away for retirement varies, naturally, by their age group. See how your savings stack up. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Investopedia Daily | The Latest What's the Average 401(k) Balance by Age? How much money people have put away for retirement varies, naturally, by their age group. See how your savings stack up. Read More » You may also be interested in: Who Are the Largest Shareholders of Apple? (AAPL) These insiders and institutional investors hold the largest positions in this popular tech company. Read More » SPONSORED BY INVESCO The Complete Guide to ETFs ETFs are becoming increasingly popular and soaring to new heights among investors. Invesco's insights can help you determine if these investment vehicles are right for you. Learn More » How to Create a Budget with Your Spouse (in 7 Steps) Learn how to create a budget with your spouse, whether you're a newlywed or you've been married for a while. Read More » When and Why Do Gold Prices Fall? A wise investor is one who recognizes gold's place in the market, without attaching too much or too little significance to it. Read More » World's Top 10 Insurance Companies These are the 10 largest insurance companies in the world. Read More » Penny Stocks to Watch for July 2020 With stocks looking unsustainably frothy, most equities appear to be headed for losses, but precious metals miners could be a bright spot. Read More » What to Do When Your Doctor Doesn't Take Medicare Not all doctors accept Medicare for the patients they see. Here are five options to consider if you sign up for Medicare and find out your doctor doesn't accept it. Read More » Sign Up for 'Chart Advisor' Want more Investopedia market news? Investopedia's expert analysts present market performance for the day and discuss with in-depth charting and technical analysis, a must read for traders. Subscribe» CONNECT WITH INVESTOPEDIA Email sent to: mondemand.forex@blogger.com To update your newsletter preferences or unsubscribe, click here. 114 West 41st St, floor 8 New York NY 10036 © 2020, Investopedia, LLC, All Rights Reserved | Privacy Policy

                                                           

What is 'Cash Flow'?

Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Term of the Day | Words to Know Cash Flow Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company's ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF). Read More » Related to "Cash Flow" Analyze Cash Flow the Easy Way Learn the key components of the cash flow statement, how to analyze and interpret changes in cash, and what improved free cash flow means to shareholders. Read More » Corporate Cash Flow: Understanding the Essentials Tune out the accounting noise. Learn how to read a cash flow statement and determine whether a company is generating enough to sustain itself. Read More » SPONSORED BY INVESCO The Complete Guide to ETFs ETFs are becoming increasingly popular and soaring to new heights among investors. Invesco's insights can help you determine if these investment vehicles are right for you. Learn More » How Depreciation Affects Cash Flow Depreciation is a non-cash accounting expense that doesn't involve cash flow, but it is a factor that can impact all areas of a company's financial performance. Read More » Related Definitions Cash Flow Statement A cash flow statement is a financial statement that provides aggregate data regarding all cash inflows and outflows a company receives. Read More » Liquidity Liquidity refers to the speed with which an asset or security can be bought or sold in the market, without affecting its price—the ease of converting it to ready money, or cash. Cash is considered the most liquid of assets. Read More » Free Cash Flow Free cash flow represents cash a company can generate after accounting for capital expenditures needed to maintain or maximize its asset base. Read More » Debt-Service Coverage Ratio In corporate finance, the debt-service coverage ratio (DSCR) is a measurement of the cash flow available to pay current debt obligations. Read More » CONNECT WITH INVESTOPEDIA Email sent to: mondemand.forex@blogger.com To update your newsletter preferences or unsubscribe, click here. 114 West 41st St, floor 8 New York NY 10036 © 2020, Investopedia, LLC, All Rights Reserved | Privacy Policy