market sentiment

  1. Jarratt Davis

    How to react to Central Bank Speeches in order to make profit?

    Day Trading Central Bank Speeches This post is designed to show you that trading in line with central banks doesn’t always mean that you have to take big long term positions and hold them for weeks and months at a time. The video here is a classic example of how to do this. And Nick very kindly...
  2. Jarratt Davis

    CAD rallied 230 pips against USD | Current Sentiment

    There is no trade call for the session. Ahead we have German ZEW figures, but aside from that the London session is relatively light. Current Sentiment Commodity-linked currencies have remained supported after yesterday’s rally which was caused by a recovery in the price of crude due to...
  3. Jarratt Davis

    China’s GDP lowest reading since Q1 2009 | Current Sentiment

    There is no trade call for the session. Today in the Asian session we had Chinese GDP release. There is no tier 1 data due to be released during today’s London session. Current Sentiment The main release in the Asia-Pacific session was GDP data from China. As expected GDP for Q1 2016 fell to a...
  4. Jarratt Davis

    UK CPI | Current Sentiment

    There is no trade call for the session. The main highlight of the day will be CPI data from the UK at 9.30am BST. Current Sentiment: There was no tier 1 data released in the Asia-Pacific session, NAB Business Confidence from Australia however printed at 6, double last months reading of 3 and...
  5. Jarratt Davis

    AUDJPY is up 150 pips | Current Sentiment

    There is no trade call for the session. Ahead we have Industrial Production from the UK, of which the manufacturing component will be watched closely. Current Sentiment: Early in the Asia-Pacific session, Fed Chair Yellen spoke. She did not provide any surprises to the market and generally...
  6. Jarratt Davis

    Neutral RBA Statement | Current Sentiment

    Our trade call is to buy AUDNZD from 1.1152, which is just above the 50% retracement for the recent 80-pip rally. The reasons for the trade are lower Business Confidence from New Zealand and a neutral RBA statement. The results of today’s GDT auction could effect conviction in this trade so...
  7. Jarratt Davis

    Yellen’s comments | Current Sentiment

    There is no trade call for the session. There was no notable news during the Asia-Pacific session. USDJPY is down 160 pips from yesterday’s highs. The London session is also very light on data. Current Sentiment: Yesterday’s NY session saw a dovish Yellen; citing downside risks and lower...
  8. Jarratt Davis

    US Final GDP | Current Sentiment

    There is no trade call for the session due to the holiday. Given it’s Good Friday, there are Bank Holidays in Australia, New Zealand, Switzerland, Germany, the United Kingdom and Canada. There are also several US states which observe state holiday. Therefore volumes are extremely thin and we do...
  9. Jarratt Davis

    Current Sentiment | Cable is down over 200 pips

    There is no trade call today. The London session is again relatively light and may see low volatility. Current Sentiment: The Asian session was again light with a lack of data. FX trading has been rangebound. WTI is down nearly $1 from yesterday’s highs as the API inventory showed a build...
  10. Jarratt Davis

    US Retail Sales | Current Market Sentiment

    There is no trade call for the session. Today’s London session is light on data, however the NY session sees Retail Sales from the US which could be a market-mover. Current Market Sentiment The RBA released minutes from their March 1 meeting. They contained no surprises but confirmed the Bank...
  11. Jarratt Davis

    Current Sentiment | US Employment Data

    There is no trade call for the session. The European session is decidedly light, however the NY session will see employment figures from the US which will no doubt cause volatility. US Employment Data is released today 1:30pm GMT. Watch the weekly risk events video here to learn more about these...
  12. Jarratt Davis

    Current Market Sentiment | UK Manufacturing PMI

    Our trade call is to sell Cable on a Manufacturing PMI reading below 51. Both stop-loss and take-profit approximately equal the ADR of 140 pips, but both should be set above significant levels of support or resistance. Current Market Sentiment: The Asian session saw multiple high impact data...
  13. Jarratt Davis

    UK Second Estimate GDP | Current Market Sentiment

    There is no trade call for the session. Ahead we have two important releases - UK Second Estimate GDP at 9:30am GMT and Eurozone Final CPI at 10:00am GMT. Both of which have the capacity to provide direction in sterling and euro. Current Market Sentiment The key economic release for the...
  14. Jarratt Davis

    Current Market Sentiment | BOJ Intervention

    There is no trade call for the London session, however our bearish bias for sterling remains intact. Ahead we have German GDP, German Ifo Data, UK Inflation Report Hearings and a speech from SNB's Jordan. Learn more about upcoming this week's risk events here. Current Market Sentiment: There...
  15. Jarratt Davis

    Current Market Sentiment | Australian Jobs Figures

    There is no trade call for the session. Ahead the European calendar is light aside from employment data from Switzerland. Familiarize with the latest market changes by reading through my analysis of the current market sentiment below. Current Market Sentiment: Producer Price Index from New...
  16. Jarratt Davis

    Current Sentiment | Upcoming Risk Events

    There is no trade call for the session. Coming up during London we have the German Preliminary GDP as well as the EZ Flash GDP prints. Watch the weekly risk events video here to learn more about these releases. Current Sentiment: Yesterday's NY session was again light in terms of data; weekly...
  17. Jarratt Davis

    Current Market Sentiment | RBA Cash Rate

    There is no trade call for the session, however we will continue to monitor incoming data for any potential opportunities. Current Market Sentiment: Yesterday's New York session saw Personal Consumption Expenditure for December released from the US, of which the core showed a miss on the m/m...
  18. Jarratt Davis

    Current Market Sentiment | BOJ Announcement

    We don't have a trade call for the London session. The main event during the Asian session was the announcement from the Bank of Japan that they will implement negative interest rates. The Bank will apply -0.10% interest for excess reserves that financial institutions park at the BOJ. This...
  19. Jarratt Davis

    Awaiting US Data | Current Market Sentiment

    There is no trade call at this moment. We will be awaiting US data and monitor risk sentiment for potential intraday scalps. Current Market Sentiment: Today's Asian session failed to see a continuation of the risk-appetite present during the NY session where the S&P500 rallied 55 points...
  20. Jarratt Davis

    Current Sentiment 11th of December

    Today's London calendar is light with no tier 1 data on tap. The focus for the day will be on US data during the NY session with Retail Sales, PPI, and Consumer Sentiment. More on these events can be found here. Read through my analysis of current sentiment to familiarize with the latest market...
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