Monday, 27 July 2015

Macroeconomic View

European Market

- Stay focus on the ECB QE program.

- Focus on BOE announcement on the first interest rates hike for England.

The U.S. Market

- Focus on Yallen talks about the  interest rate policy, also focus on labor market condition and the 2% inflation target.

Asia Market
- PBOC may employ QE program by cutting interest rate 0.25%.

- BOJ signals to end QE program.

Australia & New Zealand Market.

- BONZ cuts its key interest further easing is likely from low inflation.

Oil

- The U.S. oil inventories are higher than expectation.

- UAE ends oil price control.

- OPEC oil productions reached its 3-year high.

- Stay focus on Iran oil production, it is expected to flood the world market in January 2016.

GOLD

- Stay focus on the U.S. interest rate hike and demand in India, Russian, and China .

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