Fundamental Roundup Monday September 7

آج US & Canada میں Holiday ہے. اس وجہ سے مارکیٹ ایک Stalled Position میں ہے. Last Friday کو NFP کی وجہ سے مارکیٹ میں کافی اتار چڑھاؤ دیکھنے میں آیا. Dollar میں دونوں اطراف میں Movement دیکھی گئی. اب آج چھٹی کی وجہ سے مارکیٹ زیادہ تر خاموشی رہے گی Dollar میں.

  1. Jobless rate میں کمی.
  2. Improvements were made due to better Wage Data , but as WBS Wealth Management said in its report, whatever happens in the Elections, the Dollar will be considered Weak. So after the news, after the strength in the dollar, we came to see the weakness. Looking at the UK, the Pound had to see considerable pressure due to the No-Deal in Brexit. That’s why the Brexit Deal Deadline for Pound 1.32xx is set for 15 October. The announcement was made by UK Prime Minister (PM) Boris Johnson.
    China’s exports accelerate and imports decline.
    Fed Chairman Powell assures that these rates will not rise prematurely.
    Legislation is being developed in the UK which may go against the Withdrawal agreement. Key Drivers for the Week of Sep 7 – Sep 11
  3. The ECB is expected to remain unchanged but can be Dovish.
  4. Policies from Bank of Canada are expected to remain unchanged.
  5. PPI Loan Data , Japanese Core machine orders
  6. Revised Q2 GDP, Trade, UK Industrial Production

 


Click here for the economic calendar  

Adnan Abdul Rehman

Regional Market Analyst

Disclaimer:

This parallel is for marketing. This is not a signal service. The benefits and harms of using this parallel as a signal are yours. All the information here is taken from the best resource. It is the responsibility of the mango to use it as a signal. You agree that there is a risk in the leverage product. And you are responsible for the profit and loss of trading. You are yourself It is forbidden to publish this material without our written permission