Forex Consulting

Trading ideas for the European session

Daily thread to exchange ideas and to share your thoughts – 8 January 2018 Good day, everyone! Hope you all had a great weekend. It’s been a decent start to the week in terms of trading with some action at least as the European trading session gets underway. Copyright 2015 Forexlive.com

Forex Consulting

Cohn: The stock market is not expensive right now

White House advisor Gary Cohn – Impact of tax cut is just starting to touch US economy – We’ve seen minimum wage rises, expect to see more – We’re pretty optimistic about what’s happening Upbeat comments from the White House advisor. I have to ask, now that tax reform is passed, why is he still…

Forex Consulting

Canada December employment +78.6K vs +2.0K expected

Canadian employment data for December 2017: – was 79.5K – Unemployment rate 5.7% vs 6.0% expected – Prior unemployment rate 5.9% – Full time employment change 23.7K vs +29.6k prior My goodness. This is the second month in a row of sizzling jobs numbers. This looks very-much like a BOC hike in two weeks. Copyright 2015 Forexlive.com

Forex Consulting

December non-farm payrolls +148K vs. +190K expected

Highlighs of the December non-farm payrolls report: Wages data The wages are not showing an acceleration with the earnings coming in as expected but the prior month revised down -0.1% from previously reported. The YoY stays steady at 2.5%.  BTW before the November report the YoY estimate for earnings was 2.7%.  It still remains below…