China`s property market under the gun due to rate increase

China`s property market under the gun due to rate increase

By: James Ansher | Where To Trade | On:Friday, 23 December 2016
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Where-to Trade: The Great British Pound appreciates as UK's retail sector surprises to the upside. The GBP/USD pair closed at 1.2284 in the previous trading session.

Euro finds support thanks to Sweden's manufacturing confidence. The Euro/Dollar pair closed at 1.0436 in the previous session. Medium to low volatility should be expected on the EUR/USD pair as the US New Home Sales are at 15:00 GMT.

The S&P 500 continues to head higher as the demand for downside protection melts. The financial giant closed at 2,258.75 in the last trading session.

The Dollar heads higher against the Loonie as the Canadian GDP will be released at 13:30 GMT. The CAD/USD pair closed at  1.3485 in the last prevous session.

Dollar finds support against the Yen as the US Revised UoM Consumer Sentiment is due at 15:00 GMT. The Yen/Dollar pair closed at 117.55 in the previous session.


Video Summary:

  • China: China's property market under the gun due to rate increase
  • United Kingdom: UK's retail sector surprises to the upside
  • Europe: Euro finds support thanks to Sweden's manufacturing confidence
  • United States of America: The demand for downside protection melts. 

 

James Ansher

James Ansher

When there is a will there is a trade

A successful Forex trader and expert advisor

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