ForexSQ

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ForexSQ

TradeQQ is pleased to introduce its new content provider, ForexSQ. ForexSQ brings the latest Forex news and and trading advices. They provide tips and tutorials to help its users make safe Forex trading. The website is full of wise articles which will give the best advantages for traders to earn profit. For more information about our new provider, please visit their website : http://www.forexsq.com TradeQQ is very excited for this new partnership with ForexSQ ! https://www.facebook.com/ForexSQnews https://twitter.com/forexsq

China Capital-Outflow Pressure Eases in April, What do you think about it? BEIJING--China's capital-outflow pressure continued to ease in April, as domestic investors were less willing to purchase foreign currencies and more of them moved to convert their foreign currencies into the yuan, the nation's foreign-exchange regulator said Monday. China's commercial banks sold a net $24.7 billion of foreign exchange in April, down from net sales of $36.4 billion in March, the State Administration of Foreign Exchange said on its website. The nation's foreign-exchange reserves rose for the second straight month to $3.22 trillion in April, official data showed. The foreign-exchange regulator said the Chinese economy is expected to grow within a reasonable range that is relatively high compared with other countries, which would help cross-border capital flows. Source : Grace Zhu

All Eyes on GBP/USD Dollar gains on Aussie and yen All eye on GBP Nikkei 0.41% Dax 0.87% Oil $46/bbl Gold $1268/oz. Europe and Asia: AUD Consumer Inflation expectations 3.2% vs. 3.6% North America: GBP Inflation Report 7:00 GBP BOE Vote 7:00 USD Weekly Jobless 8:30 Another quiet night of trade with EUR/USD remaining comatose around the 1.1400 level but the greenback gaining ground against the Aussie and the yen in Asian and early European dealing. The Aussie tumbled all the way to .7320 before finally stabilizing and finding some support after Consumer Inflation Expectations revealed a drop to 3.2% from 3.6% the period prior. Inflation expectations and rate forecasts have continued to drift lower ever since the RBA cut its benchmark rate below 2% with some analysts now calling for further cuts as the year progresses. That change in sentiment has weighed heavy on AUD/USD and the pair is down nearly 500 points off its highs as markets now see a further compression in yields between AU and US bonds. The pair will no doubt will also be sensitive to any movements in the CNY/USD exchange rate which has weakened over the past month as well. Meanwhile USD/JPY continues to find support above the 108.00 level with Japanese banks reported buyers in Asia today as they drove the pair towards the 109.00 figure. With very little data out of the US this week, the pair continues to hold its ground, but 110.00 is proving to be formidable resistance for the time being. The key focus in today’s session will be cable, as UK releases its Inflation Report at 1100 GMT and Governor Carney holds a presser at 1130. Given the deterioration in UK economic data, the inflation forecast will likely be lowered and the BOE has already said that they will increase liquidity ahead of the referendum on June 23rd. The shocker for the market however would be if any of the MPC members voted for a rate cut given the slowdown in UK economy. Cable has been relatively steady for most of the night and has generally found support around the 1.4400 level over the past few days, but if the BOE presser takes on a particularly dovish tone, the pair could quickly drop through 1.4300 and perhaps even 1.4200. Although Mr. Carney has tried to be impartial in the Brexit debate, he clearly favors the Remain side and his fears of a liquidity crisis should the Leave vote win are likely to to make him very cautious on discussing the outlook for UK prospects. All of that is likely to put further pressure on cable as the day progresses. Source : BK Asset Management

Timeline Photos

Have CAD, AUD and NZD Hit a Bottom? We are finally beginning to see some two-way action in currencies. Investors are no longer buying dollars against everything – while USD/JPY and USD/CHF continued to move higher, the dollar ended the day well off its highs against the commodity currencies. This has led many investors to wonder if the Canadian, Australian and New Zealand dollars hit a bottom because reversals are happening after extended moves and at key technical levels. USD/CAD for example broke 1.30 but failed to close above the psychologically significant level that coincides with the 50-day SMA. AUD/USD broke the 100-day SMA and a key Fib retracement but is now trading back above 0.7335 l while the decline in NZD/USD stopped right at the 100-day SMA. There’s no doubt that the commodity currencies have fallen quickly and aggressively over the past month but the weekly and monthly charts show plenty of room to the downside. Although the bounce in commodity prices (especially oil) is likely to be short-lived, the rise in stocks and broader recovery in risk appetite could have more room to go which would encourage a further recovery in commodity currencies. However Chinese demand is still a problem, not all speculative long AUD or CAD positions have been unwound, 2-year yield spreads point to further losses and the RBA, RBNZ and BoC are all likely to be considering another rate cut. Saudi Arabia also said they will boost output ahead of state owned Aramco’s IPO which should cap gains in oil. Inventories are scheduled for release tomorrow but the impact should be limited. So while we could see a further recovery in commodity currencies, we have yet to see a bottom as all 3 remain sell on rallies. If 1.2900 is broken, we like buying USD/CAD near 1.2800, AUD/USD near 0.7450 and NZD/USD between 0.6800 and 0.6850. The short covering in USD/JPY continued, driving the currency pair above 109.00. The latest move was driven by fresh yen comments from Japanese officials. Finance Minister Aso reiterated that sharp forex moves are unwelcome and warned they could intervene to stabilize currencies if needed. The Post Bank said they see 108.00 as fair value for USD/JPY. While we are surprised that more Japanese officials are trying to talk up the currency at 108-109 than 106-107, this could be a strategic move to give speculators reason to cover their shorts at a time when the USD/JPY was struggling to extend its losses below 106. USD/JPY had been trying to bottom for a few days before policymakers stepped in to confirm that they don’t want to see a stronger currency. We are looking for further gains in USD/JPY but 110 could be an attractive place to sell the currency. Weaker than expected German industrial production numbers drove the euro lower for the sixth consecutive trading day. The country’s trade and current account balances improved significantly thanks to stronger exports, but IP dropped for the second straight month at a pace that was 7 times faster than February. French IP also fell -0.3% against forecasts for a 0.7% rise. These numbers highlight the vulnerabilities in the Eurozone’s two largest economies. However for the time being the uptrend in EUR/USD remains intact as long as the currency pair remains above 1.1300. Sterling on the other hand finally bounced after 5 days without a rally. Yesterday’s decline stopped right at the 100-day SMA and today’s recovery was driven by better than expected trade numbers. However even with the upside surprise, the U.K. trade deficit hit its highest level in 8 years, signaling weaker first quarter GDP. The shortfall in goods alone reached the highest level on record. Of course there’s no reason for sterling traders to look as far as GDP with the Bank of England meeting and Quarterly Inflation Report scheduled for Thursday. Growth is obviously a problem in the U.K. right now but inflation had been on the rise in February and March and is likely to have moved even higher in April with oil prices rising more than 15% last month. So while the Bank of England could lower its GDP forecast, they may raise their inflation projections. If they choose to do so, it could drive sterling higher instead of lower. However if they leave their inflation projections unchanged and only cut GDP, pound will fall especially if they emphasize Brexit risks. Source : BK Asset Management

與美股最相關的經濟指標出乎你意料，不是GDP

觀察GDP必須擺脫舊思維了，實體GDP具有的指標意義不能忽略! http://www.stockfeel.com.tw/%E8%88%87%E7%BE%8E%E8%82%A1%E6%9C%80%E7%9B%B8%E9%97%9C%E7%9A%84%E7%B6%93%E6%BF%9F%E6%8C%87%E6%A8%99%E5%87%BA%E4%B9%8E%E4%BD%A0%E6%84%8F%E6%96%99%EF%BC%8C%E4%B8%8D%E6%98%AFgdp/

北美智權報 第150期：2016年半導體市場觀察

預估2016年仍持續受到兩大終端產品出貨表現的影響，全球半導體產業產值，與2015年相比較，將可能衰退約2.2%，僅達到3,324億美元。

ETF熱過頭恐成閃崩禍首、1兆美元股市泡沫剉著等

ETF力量過大，不再被動追蹤，反而有扭曲市場的可能。

Yen Climbs Against Rivals on China, North Korea Worries

Yen Climbs Against Rivals on China, North Korea Worries

資策會 MIC 分析師：接下來要做「開放」與「感性」的電商 ─ ECX 2015 報導（上） - PunNode 科技新創榜

電子商務的未來，在於"人心"與"感性"，值得所有電子商務的夥伴參考。