FXTM Senior Research
Analyst
A wave of optimism is sweeping across
financial markets with stocks in Asia pushing higher on renewed optimism over a
potential breakthrough in the US-China trade saga. European shares are set to
benefit from the improving market mood with risk-on sentiment seen trickling
down into Wall Street ahead of the much-anticipated US retail sales report.
Smart
Nigerians are getting shares of the new Lagos by acquiring plots and hectares
of land at Ibeju Lekki through COVELAND LIMITED. What are you waiting for?
Click: http://www.tectono-business.com/2019/07/have-share-of-new-lagos-by-investing-in.html
ECB pull the policy
trigger…but will it hit the target?
Mario
Draghi, in his final
meeting as ECB President, is leaving a gift for the Eurozone economy by
unleashing a fresh wave of new stimulus measures.
Are
you aware that CEOs of reputable organizations like you multiply their
clientele base by just showcasing themselves, organization, products and
services on THE BUSINESS TITANS? For details, click: http://www.tectono-business.com/2019/05/are-you-ceo-showcase-yourself.html
The central bank cut interest rates for
the first time since 2016 while restarting its QE programme by 20 billion euros
starting from November 1st 2019. While the ECB also introduced a two-tier
system for reserves and tweaked its targeted long-term refinancing operations
(TLTRO), markets were somewhat disappointed with most expecting a more
aggressive easing package.
Wow!!! This landed property
with a C of O @ Abraham Adesanya Roundabout, Ajah suits your taste. Your
colleagues have started buying. What are you waiting for? Click: http://www.tectono-business.com/2019/08/urban-prime-one-estate.html
Although the asset purchase programme
would “run for as long as necessary”, while interest rates will remain “at
their present or lower levels” until inflation hits the golden 2% target, will
this be enough to revive the Eurozone’s economy? It must be kept in mind that
that Europe is not only tussling with domestic risks but external threats in
the form of Brexit, trade uncertainty and global growth concerns.
Draghi certainly delivered his
“whatever it takes” pledge but many were hoping for a bigger monetary policy
bazooka and this disappointment continues to be reflected in the Euro. The currency
is appreciating against almost every single G10 currency this morning excluding
the Swiss Franc and British Pound. With Euro bulls back in the driving seat,
the EURUSD is poised to attack 1.1100 in the near term.
Have
you thought about having a 5-Bedroom Apartment with Penthouse and Indoor
Swimming Pool near Pan Atlantic University?
For details, click: http://www.tectono-business.com/2019/08/have-you-thought-about-having-5-bedroom.html
Dollar wobbles ahead
of US retail sales
The Dollar is struggling to nurse
wounds inflicted from Thursday’s US inflation report which showed core consumer
prices in the United States rising more than expected in August. Although the
headline CPI printed below market expectations at 1.7% yoy, prices excluding
food and energy jumped 2.4% year-on-year in August, its highest level in more
than a year. While this is unlikely to deter the Federal Reserve from cutting
interest rates in September, it could influence what steps the central bank
takes during the final quarter of 2019.
All eyes will be on the US retail sales
data for August scheduled for release on Friday at 1230GMT. Markets are
expecting retail sales to rise 0.2% during the month, a significant decline
from the 0.7% witnessed in July. A figure that meets or prints below
expectations may trigger concerns over the health of the US economy ultimately
reinforcing the argument for deeper rate cuts by the Fed.
Business
executives and CEOs like you always bring their vehicles to GOF AUTOS
LTD for body works, painting with Sikkens paint and oven
baking at rate of N70,000 for cars and N80,000 for SUVs. For details,
click: http://www.tectono-business.com/2017/06/gof-autos-limited-best-automobile.html
The Dollar Index is under pressure on
the daily charts and a solid weekly close below 98.00 should encourage a
decline towards 97.85 and 97.50.
Commodity spotlight
– Gold
Investor appetite for Gold has swung
back and forth this week thanks to US-China trade developments, stimulus hopes
and the Dollar’s valuation.
Are you aware that many
Nigerian exporters have been defrauded in the process exporting their products?
To export successfully and get paid, click: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
The precious metal is edging higher
back above $1500 this morning thanks to a weaker Dollar and anticipation ahead
of the US retail sales report. Appetite towards Gold should receive a solid
boost if that data disappoints and fuels speculation of lower interest rates in
the United States.
Successful
business managers like you have gotten big deals from sponsoring business
publications on GLOBAL BUSINESS CLINIC? For details, click: http://www.tectono-business.com/2019/05/sponsor-business-publication-on-global.html
Regarding the technical picture, Gold
bulls need to secure control back above $1500 for prices to push towards $1525.
Should $1500 prove to be unreliable support, prices are seen sinking back
towards $1485
No comments:
Post a Comment