Market Review 01-07

Market Review 01-07

Trump Says U.S. ‘Winning’ Trade War After Reviving China Talks

President Donald Trump declared the U.S. was “winning” the trade war a day after reaching a temporary truce with Chinese President Xi Jinping.

On a visit to South Korea following the Group of 20 summit in Japan, Trump said at a news conference that the Federal Reserve “has not been of help to us at all” in his trade spat with Beijing

https://www.bloomberg.com/news/articles/2019-06-30/trump-says-u-s-winning-trade-war-after-reviving-china-talks?srnd=markets-vp

It’s a busy day ahead on the economic data front.

Key stats include Spain and Italy manufacturing PMI numbers for June and Germany and Eurozone unemployment numbers. Finalized manufacturing PMI numbers out of France, Germany and the Eurozone will unlikely have an impact barring revisions from prelim figures.

Outside of the numbers, the outcome of the G20 Summit will also influence and there is the issue of Iran to also consider.

An end to the U.S – China trade war could lead to the FED holding rates unchanged, which would be Dollar positive. The rise in the chances of a U.S – Iran military entanglement would also be considered EUR negative

https://www.fxempire.com/news/article/the-g20-summit-drives-the-greenback-with-stats-unlikely-to-influence-583664

Trading Central – USDCHF : sentiment is a sell to 0.9700 if Below 0.9900

https://europefx.tradingcentral.com/Product?PK_ANALYSE=10287813

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 0.9700
1
€ 2,942.04
€ 5,884.08
€ 1,256.22
5
€ 14,710.21
€ 29,420.42
€ 6,281.10
10
€ 29,420.42
€ 58,840.84
€ 12,562.20
25
€ 73,551.04
€ 147,102.09
€ 31,405.50
50
€ 147,102.09
€ 294,204.18
€ 62,811.00

Trading Central – EURJPY : sentiment is a Buy to 126.66 if Above 120.51

https://europefx.tradingcentral.com/Product?PK_ANALYSE=10288505

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 126.66
1
€ 3,333.33
€ 6,666.67
€ 3,126.60
5
€ 16,666.67
€ 33,333.33
€ 15,633.00
10
€ 33,333.33
€ 66,666.67
€ 31,266.00
25
€ 83,333.33
€ 166,666.67
€ 78,165.00
50
€ 166,666.67
€ 333,333.33
€ 156,330.00

Risk Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.28% of retail investor accounts lose money when trading CFDs with this provider. The information contained in this market review should not be construed in any way, as containing investment advice and/or a suggestion and/or solicitation for any trading activity and financial transaction. The data contained in this market review is not necessarily real-time nor accurate. The data and prices on the material are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. There is no guarantee and/or prediction of future performance. EuropeFX, its affiliates, agents, directors or employees do not guarantee the accuracy and validity of any information or data made available and assume no liability as to any loss arising from any investment based on the same. Trading Forex/CFD’s carries a high level of risk and can result in the loss of your whole investment. Forex/CFD’s are leveraged products and therefore Forex/CFD’s trading may not be appropriate for all investors. It is recommended that you do not invest more money than you can afford to lose to avoid significant financial problems in the case of losses. Please make sure you define the maximum risk acceptable for yourself.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.99% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Find more details about risk here.

eFXGO! Official iOS Mobile App Free • available on app store

4.5/5