ExperienceTrading

Super Thursday for FTSE 100

FX:UK100   英国富时100指数
24 0 2
I have not posted in a while as I have been busy however certain things about the FTSE            

FUNDAMENTAL

In the next hour, we are expecting monetary policy decisions meeting by Mark Carney relating to ( interest rate decision) . Obviously, this is more likely to affect currency than the FTSE             due to the fact that interest rates play a huge role in the strength of the GBP and other factors such as export and the prices of overseas products. The economy has been doing well over the past few months:

Consumer price Index has risen from the first quarter of the year(January) from 127.07- 128.23 just in time to be ready for the rate hike in America.

Unemployment has been on a steady decline this year with just an increase in May to 5.6% from 5.5% however wages rose which indicates that companies and employers are making steady profit to increase the wage margin for workers.

The last indicator is Retail sales(MOM), this is a seasonal indicator and plays with major factors however it has decreased from 0.30 to -0.20. All in all, the retail sales has had better months than bad this year.

All these indicators signify a decent growth in the economy and could prepare us for a September or early next year when the interest rate hike happens in America.

Technicals

On the daily, FTSE 100             has been on a downward trend channel therefore favoring short term short trades. However, yesterday it edged higher out of the channel but failed to close.

Today, after the decisions have been made by Carney could give us an idea of the true direction of this market and it is advisable to wait for for a strong close above 6734 resistance before going long and stop just below at 6727.
简体
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
繁體
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 组件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持标签 优先服务 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出