Weekly Outlook 27 June

Weekly Outlook 27 June

Financial Markets are in turmoil following the decision by the UK to leave the EU. This looks set to continue given the developments over the weekend, which has seen the UK Labour Party unravel
and with little apparent leadership coming from the Conservatives over the direction that will now be taken. UK Chancellor, Osborne will make a statement later today on what the Government intends to do to
to attempt to provide some stability to the markets. Be very nimble in trading – and keep stops in place at all times seems to be the best plan.

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Weekly Outlook with Jim Langlands 6 June 2016

Weekly Outlook with Jim Langlands 6 June 2016

The ghastly NFP figure on Friday more or less ended any thoughts of a June rate hike although Janet Yellen will be speaking later on today and the markets will wait for her to provide the next direction.

The main economic events of the week will come via the Interest Rate Decisions due from the RBA and the RBNZ. No changes are expected. Watch this video from AxiTrader to prepare your trading week.

Weekly Outlook in the forex markets with Jim Langlands

Weekly Outlook in the forex markets with Jim Langlands

Although it is likely to be quiet on Monday due to US and UK holidays, the coming week will be busy, culminating with the US Employment and NFP which are due on Friday and where a strong reading would underline Janet Yellen’s hawkish comments from last Friday. Elsewhere the other main event will be the ECB Meeting – no change expected. The PMIs are due Wednesday/Friday and Australia will have a busy week with the GDP (Wed) and Retail Sales (Thur) in focus

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