NEXT Week ECB FED BOJ SNB BOE Everyone appearing. Beware.

12 Mar 2017

LAST WEEKS

RBNZ expect weak NZD
RBA Decision kept unchanged. Neutral short biased
USD Crude Oil Inventories 8.2M BIG change 1.1M (OIL went down)UC went high
ECB Press Conference EU was up
US unemployement Claims A243K F239K
March 10 FRIDAY USD Non-Farm Employment Change A235K 196K NFP still good but EU march high
March 11 USD Federal Budget Balance -192.0B -175.0B

UPCOMING

Mon ECB President Draghi Speaks
Tue USD PPI m/m F0.1% A ?
Wed GBP Average Earnings Index 3m/y 2.4% 2.6%
GBP Claimant Count Change
US CPI
US oil Invetories.
US FED Rate Decision and FOMC minutes

Thu
BOJ Policy Rate Minutes
SNB Policy Rate Minutes
BOE Policy Rate Minutes

etc

See Calender forexfactory.com/calendar.php?week=mar12.2017

16 Mar 2017

Catatan

OIL inventory Oh Back to huge drop from 8.5 to -0.2M OIL Could be neutral now.

US Increase Rates by 0.25 to 1.0 but stays lower.
Some Countries along with US have hiked rates China ""China Hikes Short-term Interest Rates Again
The People’s Bank of China raised the interest rate it charges on short-term open-market operations by 10bps on March 16th, 2017. It was the second adjustment in short-term interest rates since early February, due to strengthening market expectations for higher funding costs in light of rising domestic inflation and property prices, in addition to the Federal Reserve's rate increase. The central bank hiked the cost of 7-day, 14-day and 28-day reverse repurchase agreements (repo rates) by 10bps each to 2.45 percent, 2.6 percent and 2.75 percent, respectively. Simultaneously, the PBoC also raised the cost of funds lent via Medium-term Lending Facility (MLF) by 10bps, with six-month and one-year MLF now becoming 3.05 percent and 3.2 percent. The benchmark lending rate was left unchanged at 4.35 percent. It was last cut by 25bps in October of 2015"and etc See tradingeconomics.com

See some Highlights of FOMC

news.forexlive.com/!/yellen-qa-we-dont-need-to-evaluate-fiscal-policy-until-its-in-place-20170315

news.forexlive.com/!/yellen-opening-statement-hikes-doesnt-reflect-reassessment-on-economic-outlook-20170315

BOJ Remains Same
news.forexlive.com/!/kuroda-there-is-still-some-distance-to-the-2-target-20170316

news.forexlive.com/!/japanese-economy-continues-its-moderate-recovery-as-a-trend-says-bojs-kuroda-20170316

SNB Remains Same (Swiss Franc significantly overvalued so we could sell some CHF pairs)

news.forexlive.com/!/snb-leaves-rates-unchanged-at-march-2017-meeting-
20170316

BOE Remains Same

news.forexlive.com/!/bank-of-england-mpc-votes-to-keep-rates-unchanged-20170316

Alright All done for this week

My Focus now buying ACH ECH GCH (risky) selling CHJ