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Winter Sales

Hey, beautiful people!
Who has never been temtpted by a bright, screaming red label saying "-50%"? Not only us, women, are prone to spend huge amounts of money during winter sales Holidays instigate each and every one of us to buy, buy pretty, buy more! Regardless of whether it is a new Ralph Lauren dress for her, or a dashing suit-n-tie set for him..
That is why i adore winter sales in Abu-Dhabi! There are no restrictions, no boundaries, no gender prejudices when it comes to sales. People just…
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Canadian economical drop

Very weak package of data from Canada is pushing USD/CAD to 1.317 level and even above. We can see disappointment aswell about detail sales and inflation. However, the prognosis were differential but mediana deviation was big enough to couse major CAD selling pressure, which can be continued next week if investors will think that it can push more dovish pose of BoC.
The speed of growing base inflation is weakest in 2 years, even lower then any of economist's predictions and hits the prognossis o…
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Macroeconomic Data, Oil and Canadian Dollar

Canadian dollar has been in a down trend for 5 weeks now – it has lost about 3% against USD, JPY and
about 1.5% against EUR over this period of time. This is not a lot by historical standards but in this day of age – in times of very low volatility for almost all classes of traded assets – one can talk about the trends despite of their seeming insignificance in absolute terms.
Poor employment data releases in July and August lead to sell-offs on Fridays, that account for the most of the losses…
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Many US economic data points still unscheduled

The key inflation reports have also been rescheduled but a number of data points are still without a time. The main one is retail sales but factory orders, trade balance industrial production, housing starts and the CFTC positioning data still have no set time.
I’ll keep an eye out for any changes but for now, existing home sales are the only thing on the US calendar for Monday.
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mag avatar
mag 18 Oct

Thanks Anna, good week end.

annatimone avatar

Thank you...:) You too!

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Australian Dollar - might not be a bad idea after all

Is Now the Time to Invest in the Australian Dollar? Following the financial crisis, the Australian dollar outperformed the major currencies. This situation occurred mainly because of demand from Australia’s largest trading partner China, Australia’s then booming mining industry, and relatively stable interest rates. However, this year, the Australian dollar recently hit a three year low after dropping a dramatic 15 percent since the start of this year. Australian Interest Rates Decrease In…
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Nadin5794 avatar

there is quite justified fear of further lowering of quotations, by analogy to hysteria round gold in the spring, investors rushed to buy and quotations dived down even more deeply...

annatimone avatar

Ok. Sounds intereting. I'll look into it. Thanks for sharing.

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