Weekly Analysis

Weekly Overview of CFD Movements - 08/04/2019 - 12/04/2019

Weekly Overview of CFD Movements 10/04/2019

10 April, 2019
Weekly Analysis 10/04/2019 Economic Calendar

The euro recovered last week, more on the receding dollar than on the strength of the euro zone economy. The ECB monetary policy meeting will be held on Wednesday and interest rates are widely expected to remain at zero percent.

The British pound was little changed over the week, but continued to be highly volatile. Prime Minister Theresa May asked EU leaders to postpone the Brexit date until June 30, in anticipation of an agreement with the opposition leader Jeremy Corbyn, which would be supported in the UK Parliament.

The Japanese yen was mainly flat against the dollar over a broadly uneventful week in economic terms for the country.

The Turkish Lira traded lower over the past week and hit a two week low, as disputed local election results sparked fears that President Erdogan will tighten his grip over economic decision making in the country.

Gold prices rose strongly on Monday and Tuesday as the rising dollar eased and a risk of a disorderly Brexit and a new trade dispute between the U.S. and the EU intensified.

U.S. indexes rose last week as investor outlook remained broadly positive. Trade talks between the US and China are expected to conclude over the next four weeks. But on Monday sentiment soured, as a dispute between the U.S and the EU emerged. The U.S. listed 11 billion dollars worth of EU products it plans to hit with tariffs, while the EU begun preparations to retaliate over aircraft subsidies.

Oil prices rose significantly last week hitting a 5-month high. Strong NFP data on Friday and concerns on Libyan supply disruptions supported prices. Saudi Energy Minister Khalid al-Falih indicated that a decision on the extension of supply cuts in the second half of 2019 might be taken at a lower-level OPEC meeting of joint ministers in May.

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Be aware of the Working hours of the global financial markets for Good Friday / Easter 19.04.2019. - 22.04.2019.

Instrument 19.04.2019 22.04.2019
ALL FOREX Regular Regular
Indices
S&P 500 closed Regular
NASDAQ 100 closed Regular
DJ 30 closed Regular
DAX closed closed
FTSE 100 closed closed
CAC closed closed
IBEX35 closed closed
DJ_EUR50 closed closed
Nikkei 225 closed Regular
HSI closed closed
FTSEMIB40 closed closed
ASX 200 closed closed
Russell 2000 closed Regular
AEX25 closed closed
CHINA 50 closed Regular
SMI closed closed
DOLLAR INDEX closed Regular
Energy
Crude oil closed Regular
Brent Oil closed Regular
Natural Gas closed Regular
Heating oil closed Regular
Gasoline closed Regular
Commodities
Corn closed closed
Soybeans closed closed
Wheat closed closed
Sugar closed Late open - 11:30
Cotton No.2 closed Closed
Metals
Gold closed Regular
Silver closed Regular
Copper closed Regular
Palladium closed Regular
Platinum closed Regular
Bonds US
Bonds closed Regular
Equities
Equities Germany closed closed
Equities UK closed closed
Equities French closed closed
Equities Spain closed closed
Equities Italy closed closed
Equities US closed Regular

Please note: all times indicated are GMT.

Please note: In case of low liquidity in a specific FX or metals instrument, the DR may widen the spreads and even close the instrument for trading – every change of that character will be notified ahead by the DR.

The above times may be subject to change.

84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.