info@theliquidity.com
Theliquidity

WEEKLY NEWSLETTER from 2nd December to 6th December 2019

Dec 03, 2019

WEEKLY NEWSLETTER

2nd December to 6th December 2019

INTRODUCTION
THE LIQUIDITY

 We provide a secure environment for traders across the globe both on a retail and institutional level to access the global financial markets in a well regulated Environment. The Liquidity LTD provide a Fully automated ECN / STP brokerage experience with minimum human interference, this provides our traders a level playing field to trade and achieve more profitability with no conflict of interest in a safe and secured trading environment.

ForexUstaad.com

We are a professionally managed Forex trading, online solution for Forex Traders as Guider of Forex Trading world. Tools and services to our esteemed clients and successful member community who have subscribed to our unique services plans which exclusively offers ‘out of the box’ enormous leads, and guidelines potential conversion. www.ForexUstaad.com is committed to our clients and member community to constantly learn, evolve, deliver and create sustainable strong Forex trading for you and your business!


Weekly Newsletter

Week Starting 2nd December to 6th ember, 2019

Disclaimer

Trading currencies, stocks, futures, and options entail significant risk. The highly leveraged nature of futures trading can result in substantial gains as well as substantial losses. You are entirely responsible for all the risks from your trading decisions. You should not make any trading decisions unless you understand the nature of the trades (transactions) you are entering into and your exposure to loss. If you do not fully understand these risks,

Fundamentals History of Previous Week

Oil drop nears 5% on OPEC worries because there is Fears that Russia will block an OPEC+ quota extension.

OPEC expects the oil market to be balanced in 2020 if it maintains current production levels. it shows that an oil supply surplus in 1H 2020 will be mostly offset by a deficit in 2H 2020..

Weekly EIA US oil inventories +1572K vs -878K expected. Crude oil dipped on the data.

China official PMIs for November beat estimates and higher than in October. The manufacturing PMI has come in at 50.2. This is an encouraging indication for China's economy.

Canada September non-farm earnings +4.0% y/y vs +2.6% prior. This is another reason the Bank of Canada won't cut. That's the largest rise in wages since at least 2014. Also Canada Q3 GDP +1.3% vs +1.3% expected.

Canada September budget deficit C$0.58B. Canada is looking forward as solid government with positive rating to manage and growth of economy.

Japan November consumer confidence index 38.7 vs 36.8 expected. That is quite a decent rebound in terms of consumer sentiment.

Reports of large protests to come again this weekend in Hong Kong. Various media reports citing organising of large-scale rallies on social media. This will turn on the risk on sentiment in market as JPY is driver of many pairs.

Japan's disappointing industrial production data for October -4.2% m/m (expected -2.0%).

The Reserve Bank of Australia monetary policy decision is on Tuesday December 3 2019.

Japan and South Korea are to have trade talks in December.

US weekly initial jobless claims 213K vs 221K expected. NOT bad sign for DX.

China's gold demand dips to lowest level Oct 2016. There have been a number of bearish factors for Gold. Also GOLD imports in india Falling.

GBP - UK October mortgage approvals 64.6k vs 65.4k expected. the UK economy is still a long way under pressure to potentially have to cut rates before the whole Brexit debacle can be sorted out before the end of next year.

AUD

Australian Bureau of Statistics will release data of Change in the number of new building approvals issued which is expected very negative for Currency.

Mon Dec 2 - 5:30am+5GMT

AUD

European Central Bank President Christine Lagarde speaks.

Mon Dec 2 - 7:0am+5GMT

AUD

Interest rate charged on overnight loans between financial intermediaries by RBA which is expected sam+5GMTe as perivious 0.75%

Mon Dec 3 - :30am+5GMT

AUD

Australian Bureau of Statistics is going to release GDP data for Q/Q which is expected sam+5GMTe 0.5% as previous. 

Mon Dec  - 5:30am+5GMT

AUD

ADP Non-Farm Employment Change which is expected strong and good for currency as 125K to 140K.

Mon Dec 4 - :30am+5GMT

AUD

Interest Rate Statement by Bank of Canada which is expected sam+5GMTe as previous 1.75%

Mon Dec 4 - 8:00am+5GMT

NZD

RBNZ Gov Orr Speaks as head of the central bank.

Mon Dec 5 - 5:0am+5GMT

AUD

Month Retail sales and Trade Balance data is to be released by Australian Bureau of Statistics which is expected to be strong. 

Mon Dec  - 5:30am+5GMT

CAD

Employment Change which is expected good -1.8K to 10K. While unemployment rate expected to remain sam+5GMTe 5.5%.

Mon Dec 6 - :30am+5GMT

USD

Non-Farm Employment Change which is expected good 128K to 189K. While unemployment rate expected to remain sam+5GMTe 3.6%.

Mon Dec 6 - :30am+5GMT

Let’s have look at Weekly Trading Opportunities:
GOLD:

CRUDE OIL:

EURUSD: