The Trading Room®

Established Since 1997

iNewton™ Quantitative Program - Letter of Direction Accounts

request more information

Experience The Power of Market Intelligence

iNewton™ Performance Summary

click here

The Week Ahead in the Global Financial Markets

The Trading Room

From the desk of Joe Rios

Last week’s lack of economic data reflected in a mixed trading environment as correlations were mostly loose across the Commodity, Bond and Currency markets. Copper rallied 2.5% while Crude Oil dropped -9.3%, US 30 Yr Bond traded higher 2.5% pushing yields lower although the US Dollar’s momentum continued closing the week 2.4% higher.

In the week ahead I will shift my focus to the Federal Open Market Committee’s interest rate decision for the US but more important will be the accompanying statement.  Traders will be paying attention to see if the word “patience” has been let go in terms of the timing of the first rate hike.  Past FOMC statements and press conferences have created trading opportunities in the major bench marks and I would expect the same this coming Wednesday.

In the Currency market I will be paying close attention as the Bank of England releases minutes from its March meeting, in which the Bank held interest rates steady at 0.5%. Recent economic performance has been regarded as the best since the financial crisis however Governor Carney seemed to reverse his earlier signals and encouraged the market to push out when he will deliver the first rate hike. Uncertainty about the national election, low inflation and weak wage growth are putting a cloud over the currency as seen in the recent price volatility.

Joe Rios


 

Live Trading Rooms and Educational Events

The Trading Room TradeLAB

Global Trading with Quantitative Technologies

Monday through Friday beginning at 7:30 AM ET

RQ trade coaches include Agustin Criado and Joe Rios. Live demonstration of our pre-market quantitative analysis, real-time trading signals with RQ algorithmic technology, strategy performance review and Q&A session.

__________________________________

RQ EDU Workshop Training – How To Trade Crude Oil Futures NOW!
Tuesday – Starting at 8:00 pm and ending at 9:00 pm ET.
Join the RiosQuant traders and coaches as they outline how to trade Crude Oil futures in the week ahead. Recent price action has resulted in favorable risk to reward trade set ups and prices are at a key level in the markets. Don’t miss this special and relevant training session. 
Only 100 spots open (and they won’t last long) join us Tuesday @ 8:00 pm ET. We highly recommend you make sure you’re on the reservation list by signing up here:
__________________________________
* Monday – What’s Next in The Week Ahead 
Forecasting, Planning and Developing Themes
*Wednesday – Strategies for Success
The 7 Point System
* Friday –  Insider’s Round Table  
What’s Hot and What’s Working Now, Week’s Review and Insider’s Discussion Meetup
Subscription Only – Request a free trial here.
__________________________________

Monday

8:30 AM            USD      Empire State Manufacturing Index

9:15 AM            USD      Industrial Production

10:00 AM           USD      NAHB    Housing Market Index

2:45 PM             EUR      ECB President Draghi Speaks

8:30 PM             AUD      Monetary Policy Meeting Minutes

Tentative           JPY       Monetary Policy Statement

 

 

Tuesday

Tentative           JPY       BOJ Press Conference

6:00 AM            EUR      German ZEW Economic Sentiment

8:30 AM            USD      Building Permits

8:30 AM            CAD      Manufacturing Sales

Tentative           NZD      GDT Price Index

 

Wednesday

5:30 AM            GBP      Average Earnings Index And Claimant Count Change

8:30 AM            GBP      Annual Budget Release

8:30 AM            CAD      Wholesale Sales

10:30 AM           CL         Crude Oil Inventories

2:00 PM             USD      FOMC Economic Statement

2:30 PM             USD      FOMC Press Conference

5:45 PM             NZD      GDP

 

Thursday

4:30 AM            CHF       SNB Monetary Policy And Press Conference

6:15 AM            EUR      Targeted LTRO

Day One                        EUR      EU Economic Summit

8:30 AM            USD      Unemployment Claims

10:00 AM           USD      Philly Fed Manufacturing Index

10:30 AM           NG        Natural Gas Storage

10:10 PM           AUD      RBA Gov. Stevens Speaks

 

Friday

8:30 AM            CAD      Core CPI And Retail Sales

10:20 AM           USD      FOMC Member Lockhart Speaks

 


THERE IS A SUBSTANTIAL RISK OF LOSS IN TRADING COMMODITY FUTURES, OPTIONS, AND FOREIGN EXCHANGE PRODUCTS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS

 

 

 

 

 
 
PageLines