Trading CFDs carries considerable risk of capital loss. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
March 01, 2018
A list of important events that can move the markets in March...
The greenback has recovered a little on the other currencies after the extreme weakness of January. Probably the market had already incorporated in prices much of the news on Trump tax policies and interest rates, but we believe that in large part this evolution reflects an excess of sales that had occurred between the end of 2017 and the beginning of 2018.
In March we will witness the return on stage of the two main central banks, the FED and the ECB. Waiting for these two events, there will still be a lot of macro data that will shift the balance of the markets.
Let’s now see the main market movers in detail.
Before the FOMC the new President Powell will speak on the first of March and we will know if he wants to provide interesting anticipations. On the same day, attention to the ISM manufacturing index. Afterwards, on March 5th, the ISM services index will be published in addition to factory orders. On March 7th the important trade balance data will be published together with the Beige Book. On March 9th, a crucial day with the labour market data. On March 13th, the inflation (CPI) and on March 14th producer prices (PPI) will help to better understand the orientation of the FED which on March 21st should raise interest rates by 25 basis points. On March 23rd we will get the orders of durable goods, and on the 27th the consumer confidence and finally the GDP data on March 28th.
The Italian elections on March 4th represent a crucial event in Europe together with the ECB meeting. The uncertainties linked to the majority that could lead Italy represent a potential weak point for the Euro even if so far the markets have not shown much interest. Things are different for the ECB: on March 8th Mario Draghi will have to confirm not only the tapering times, but he will also have to talk about the Euro and the recently reached strength. In addition to these two events, attention to March 13th, the publication date of the German Zew, March 16th with the inflation data in Euroland and March 22nd the German IFO.
On March 2nd both Premier May and the President of the Bank of England Carney will speak to the markets. With a temporal leap we reach March 20th, the publication date of the inflation and March 22nd , the Bank of England meeting.
Also for the Bank of Japan we have the second appointment of 2018 with the meeting scheduled for March 8th. Attention also to the inflation data of March 22nd, industrial production, unemployment and retail sales on March 29th.
Here below the dates of the main monetary policy events:
Australia: March 6th
Turkey: March 7th
Canada: March 8th
Norway: March 15th
Brazil: March 21st
New Zealand: March 22nd
South Africa: March 28th
May 15, 2018
The volatility of the forex world is one of those factors that attract a huge number of beginner and professional traders.
April 13, 2018
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April 02, 2018
At the beginning of April, we can expect a rise in rates of the Fed, in a very uncertain market moment, especially on the stock market.
February 18, 2018
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February 05, 2018
There are no appointments in the month of February with the two most important central banks in the world, ECB and FED.
January 20, 2018
Good traders always use a stoploss when they open a new trade. You can use a regular stop, but you can also use a trailing stop.
January 02, 2018
Last year closed with important performances that were not seen for a while, especially concerning Euro and Dollar.
December 18, 2017
Among the most relevant macroeconomic data for forex traders, inflation must absolutely be included, or even better all the data on production price trends (PPI) and consumption (CPI).
December 01, 2017
December is crucial for the currency market, but not just because of the important meeting of the Federal Reserve scheduled for the 13th.
November 21, 2017
Forex trading can create significant error margins and for this reason the combination of money management, continuous training and common sense is crucial to get the success you want.
November 02, 2017
November starts with the Federal Reserve meeting that should lead to the rise of rates in the month of December.
October 21, 2017
The Forex market allows each trader to operate not only on major currencies like EurUsd, UsdJpy or GbpUsd (the so-called majors), but also on the so-called exotic cross currencies.
October 04, 2017
The month of October is dense with appointments, especially with reference to the news that might come from Central Banks.
June 30, 2017
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May 21, 2016
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