WEEKLY GENIUS ANALYSIS OCTOBER16th –OCTOBER21st, 2016 PREVIOUS WEEK: We didn’t see major events previous week. Previous week has seen week Chinese data as the negative trade balance which will lead to definite depreciation of CNY next period regardless the strong CPI. Also we have seen significant movements for the Euro – more about that little later. In addition to that there was consolidation in the American and Japanese stock markets, and a slit bullish movement I the UK market. Next week: May be when you here that on the next week ECB will decide the interest rates on Thursday naive get panicked, but the truth is that is the safest day on the month. Mr. Draghi stated in the last announcement that no changes on the plane will occur before March 2017. Next week we have some other events; however, the sea waves will be quite and the wind will be good for sailing. NZ dai...
WEEKLY GENIUS ANALYSIS