Discussion Forum for trading analysis, help, signals and learning how to trade. Chat with other traders , post analysis, trades and ask questions. This is the public part of my website. For more in-depth discussions please consider joining to chat with other members

ForumTrading Forum with market discussion and live trades: Market DiscussionUK GDP 0.2% | FOMC & ECB rates | …

Please or Register to create posts and topics.

UK GDP 0.2% | FOMC & ECB rates | 7618 7640 resistance | 7561 7539 support

#1 · 14th June 2023, 8:20 am

Quote from Nick on 14th June 2023, 8:20 am
FTSE100 Analysis | Signals | Forecast | Prediction | FTSE 100 Outlook | Trading help
FTSE100 analysis & prediction for 14th June 2023
Asian shares rose and the dollar was under pressure on Wednesday after slowing U.S. inflation solidified bets that the Federal Reserve would skip a hike later in the day, but uncertainty remained about further rate increases beyond this week.
The much-watched U.S. CPI report overnight showed prices barely rose in May, with just a 0.1% increase from the prior month. On an annual basis, consumer prices rose 4%, the smallest in more than two years, slowing from April’s 4.9%.
That led traders to firm up expectations of a rate pause by the Fed to 91.9% when it concludes a two-day policy meeting on Wednesday, but the still-strong underlying price pressures suggest an over 60% probability the central bank could resume hikes in July, according to CME Group’s FedWatch Tool.
Am out this morning so no details, trade plan sent to members.
UK Monthly GDP (M/M) Apr: 0.2% (est 0.2%; prev -0.3%) - UK Monthly GDP (3M/3M) Apr: 0.1% (est 0.1%; prev 0.1%)
UK Industrial Production (M/M) Apr: -0.3% (est -0.1%; prev 0.7%) - UK Industrial Production (Y/Y) Apr: -1.9% (est -1.7%; prev -2.0%) - UK Manufacturing Production (M/M) Apr: -0.3% (est -0.1%; prev 0.7%) - UK Manufacturing Production (Y/Y) Apr: -0.9% (est -0.8%; prev -1.3%)
Recommended Broker

IC Markets - offers market leading pricing and trading conditions by providing clients with True ECN Connectivity; this allows you to trade on institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues. Highly recommended!
Membership and Live Trading
If you would like more detailed analysis for FTSE100, DAX, Gold and S&P, including the trades that I am looking to take myself, then please join my active members community.
What you get
Daily Analysis pre market open (sent around 7am each day) for FTSE100, DAX40, Gold and S&P500.
Daily email pre market includes my trading plan for the day including ORDER levels, with stops and targets/limits
Telegram live trading room and webinar group membership for discussion and realtime trade updates

FTSE100 Analysis | Signals | Forecast | Prediction | FTSE 100 Outlook | Trading help

FTSE100 analysis & prediction for 14th June 2023

Asian shares rose and the dollar was under pressure on Wednesday after slowing U.S. inflation solidified bets that the Federal Reserve would skip a hike later in the day, but uncertainty remained about further rate increases beyond this week.

The much-watched U.S. CPI report overnight showed prices barely rose in May, with just a 0.1% increase from the prior month. On an annual basis, consumer prices rose 4%, the smallest in more than two years, slowing from April’s 4.9%.

That led traders to firm up expectations of a rate pause by the Fed to 91.9% when it concludes a two-day policy meeting on Wednesday, but the still-strong underlying price pressures suggest an over 60% probability the central bank could resume hikes in July, according to CME Group’s FedWatch Tool.

Am out this morning so no details, trade plan sent to members.

UK Monthly GDP (M/M) Apr: 0.2% (est 0.2%; prev -0.3%) - UK Monthly GDP (3M/3M) Apr: 0.1% (est 0.1%; prev 0.1%)
UK Industrial Production (M/M) Apr: -0.3% (est -0.1%; prev 0.7%) - UK Industrial Production (Y/Y) Apr: -1.9% (est -1.7%; prev -2.0%) - UK Manufacturing Production (M/M) Apr: -0.3% (est -0.1%; prev 0.7%) - UK Manufacturing Production (Y/Y) Apr: -0.9% (est -0.8%; prev -1.3%)

Recommended Broker

IC Markets - offers market leading pricing and trading conditions by providing clients with True ECN Connectivity; this allows you to trade on institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues. Highly recommended!

Membership and Live Trading

If you would like more detailed analysis for FTSE100, DAX, Gold and S&P, including the trades that I am looking to take myself, then please join my active members community.

What you get

Daily Analysis pre market open (sent around 7am each day) for FTSE100, DAX40, Gold and S&P500.
Daily email pre market includes my trading plan for the day including ORDER levels, with stops and targets/limits
Telegram live trading room and webinar group membership for discussion and realtime trade updates