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independeceday32 predicted bullish impact of Markit Services PMI in the Fundamental analysis Contest

Markit Services PMI, during the last months this indicator has remained in expansion, 56.2 in December, 56.6 in January and 57.6 in February, if the idicador stays above 50 points it indicates that the sector is in expansion, so the latest data is positive for the European economy, for this month is expected to remain stable at 56.7 points which is positive for the European economy, so I expect a bullish impact.

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independeceday32 predicted bullish impact of Markit Services PMI in the Fundamental analysis Contest

Markit Services PMI, after a strong rise in the last months of 2017, in the last months this indicator has been reduced, although it has remained in expansion above the 50 points, 53.8 in December, 54.2 in January and 53 in February, the service sector of england is very followed by investors since the uncertainty of brexit could affect it negatively, for this month an increase is expected to 53.3 points which is positive for the economy of england , so I expect a bullish impact.

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independeceday32 predicted bullish impact of Consumer Confidence s.a in the Fundamental analysis Contest

Consumer Confidence sa, during the last few months consumer confidence in Mexico has fallen, 89.3 in December, 88.6 in January and 84.2 in February, for this month it is expected to remain at the same level or a little lower , which is not positive for the economy of Mexico, so I expect a bullish impact.

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independeceday32 predicted bullish impact of ISM Non-Manufacturing PMI in the Fundamental analysis Contest

ISM Non-Manufacturing PMI, during the last months we have seen an expansion in the sector, 57.4 in December, 55.9 in January and 59.9 in February, these data show that the sector is expanding what is positive for the economy of the United States, for this month an increase of 59.9 points is expected, which could be very positive for the US dollar, so I expect an bullish impact.

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independeceday32 predicted bullish impact of RBA Interest Rate Decision in the Fundamental analysis Contest

RBA Interest Rate Decision, for this next meeting of the RBA no changes are expected in the interest rate that will remain at 1.50%, in the statement we could see a more positive view on the Australian economy which could be positive for the dollar Australian, the last falls in the Australian dollar in the last month could make the RBA not try to reduce the currency in the statement, so I expect a bullish impact

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independeceday32 predicted bullish impact of Factory Orders in the Fundamental analysis Contest

Factory Orders, the new purchase orders made with the manufacturers tell us if the manufacturers are increasing activity or decreasing it, in the last months we have seen an improvement, -0.1% in December, 1.3% in January and 1, 7% in February, these data show an increase in manufacturing activity in the US and this is good for the economy. For this month a fall is expected to -0.4%, I do not expect a high impact on the market, so I expect a bullish impact.

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independeceday32 predicted bullish impact of Gross Domestic Product in the Fundamental analysis Contest

Gross Domestic Product, during the last quarters the GDP of Australia has shown a continuous growth of the Australian economy, 0.8% in Q3 and 0.6% in Q4 of 2017, this shows that the economy is growing and is positive for the Australian dollar, for this data release is expected a GDP growth of 0.5%, which continues to be positive for the economy, so I expect a bullish impact.

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independeceday32 predicted bullish impact of Gross Domestic Product s.a. in the Fundamental analysis Contest

Gross Domestic Product s.a. , during the last quarters the GDP of Europe has shown a continuous growth of the European economy, 0.6% in Q3 and 0.6% in Q4 of 2017, this shows that the economy is growing and is positive for the euro, for this release of data is expected growth remains unchanged, I do not expect much impact in the market because it is a revised data, but it could be positive for the euro, so I expect a bullish impact.

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independeceday32 predicted bullish impact of MBA Mortgage Applications in the Fundamental analysis Contest

MBA Mortgage Applications, during the last weeks we have seen mixed results in mortgage applications in the US, -4.1%, -6.6% and 2.7% in the last weeks, a positive result could strengthen the dollar since It informs us of a strong housing market, for this week I expect a growth in mortgages, so I expect a bullish impact.

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independeceday32 predicted bullish impact of BOC Rate Statement in the Fundamental analysis Contest

BOC Rate Statement, after the last rises in interest rates of the BOC up to 1.25%, for this meeting the interest rate is not expected to change, but we could see a pessimistic statement about the deceleration of the economy which could weaken the Canadian dollar, so I expect a bullish impact.