Hirose News|March 23, 2015 9:00 AM

Announcements that may impact the markets this week


Big news for this week!


Below are some announcements that may impact the markets this week:

Monday, Mar 23

14:00

USD

Existing Home Sales Change (MoM) (Feb)

15:00

EUR

Consumer Confidence (Mar)Preliminar

Tuesday, Mar 24

02:00

CNY

CB Leading Economic Index (Feb)

04:50

AUD

RBA Assist Gov Edey Speech

08:30

EUR

Markit Manufacturing PMI (Mar)Preliminar

09:00

EUR

Markit Manufacturing PMI (Mar)Preliminar

09:30

GBP

Consumer Price Index (YoY) (Jan)

09:30

GBP

Producer Price Index - Output (YoY) n.s.a (Feb)

12:30

USD

Consumer Price Index (YoY) (Feb)

13:45

USD

Markit Manufacturing PMI (Mar)Preliminar

14:00

USD

New Home Sales Change (MoM) (Feb)

21:45

NZD

Trade Balance (YoY) (Feb)

21:45

NZD

Trade Balance (MoM) (Feb)

Wednesday, Mar 25

07:00

CHF

UBS Consumption Indicator (Feb)

09:00

EUR

IFO - Expectations (Mar)

09:30

GBP

BBA Mortgage Approvals (Feb)

11:00

USD

MBA Mortgage Applications (Mar 13)

12:30

USD

Durable Goods Orders (Feb)

14:00

CHF

SNB Quarterly Bulletin (Q1)

23:50

JPY

Foreign bond investment (Mar 20)

23:50

JPY

Foreign investment in Japan stocks (Mar 21)

Thursday, Mar 26

07:00

EUR

Gfk Consumer Confidence Survey (Apr)

07:45

EUR

Gross Domestic Product (YoY) (Q4)

09:30

GBP

Retail Sales (YoY) (Feb)

11:00

GBP

CBI Distributive Trades Survey - Realized (MoM) (Mar)

12:30

USD

Initial Jobless Claims (Mar 20)

12:30

USD

Continuing Jobless Claims (Mar 13)

13:30

CAD

BoC Governor Poloz Speech

13:45

USD

Markit Services PMI (Mar)Preliminar

13:45

USD

Markit PMI Composite (Mar)Preliminar

23:30

JPY

National Consumer Price Index (YoY) (Feb)

23:30

JPY

Unemployment Rate (Feb)

23:50

JPY

Retail Trade (YoY) (Feb)

Friday, Mar 27

00:05

GBP

Gfk Consumer Confidence (Mar)

10:30

USD

Fed's Stanley Fischer speech

12:30

USD

Gross Domestic Product Annualized (Q4)

12:30

USD

Personal Consumption Expenditures Prices (QoQ) (Q4)

12:30

USD

Core Personal Consumption Expenditures (QoQ) (Q4)

15:00

USD

Reuters/Michigan Consumer Sentiment Index (Mar)

 

Market News


Should one word, or the removal of it have such an effect on the FX markets?  You can see what happened after the word 'patient' was removed from the Fed's statement.  Mixed signals certainly as the market attempted to price in a September rate hike rather than June.

If you like good trending markets intraday then this week should have been profitable for you, especially when trading the EUR and GBP against the US dollar.

 

Next week the US and UK will release inflation figures for February.  If the UK misses it's targets (negative number) you will likely see a larger move in GBPUSD to the downside than if it produces positive results.  How would you trade this....see below.

 

HIROSE News: Trading CPI with MT4 and Binary options together


So lets assume that on Tuesday 24th March we want to trade GBPUSD over the Consumer Price Index (CPI) figure.  This is a key indicator to measure inflation.  We have been told that UK rates will not go up this year, therefore a good figure will not carry the urgency of an immediately stronger pound.  


cpi.jpg


Conversely, a figure below consensus may have a material impact.

Using MT4 you can place a down (sell) trade on GBPUS fx.  You can also place a 'High' trade on GBPUSD on the Binary Options platform (remember the same login details will allow you access to both platforms).

What is the effect? Well, what you are hoping for is a bad (negative) inflation figure which will send the GBPUSD lower.  You can manage your fx position with stops and limit orders (try putting on a trailing stop to catch the move).

At the same time you know that you Binary Options position has a guaranteed loss potential with the ability to close out the position before expiry. 

If your prediction is right  you will make more profit on your fx position against the loss on your Binary options position. GOOD LUCK!