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Cliff Wachtel
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Cliff Wachtel, CPA, is currently the Director of Market Research, New Media and Training for Caesartrade.com, a fast growing forex and CFD broker. He covers a variety of topics including global market drivers, forex, currency hedged and diversified income investing, and is currently working on a... More
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  • The Coming Week’s Market Movers: Market Ripe For Short Term Bounce? 0 comments
    Sep 24, 2011 6:28 PM | about stocks: UUP, UDN, FXE, ERO, URR, ULE, EUO, DRR, FXA, FXB, FXC, FXD, FXF, FXEN, FXY, JYF, AUNZ, CYB, GLD, CNY, USO, DUG, USL, NBO, DBV, ICI, CEW, SLV, OIL, SPY, SDS, RSW, BXDC, SPXU, SH, DIA, EWC, EWA, TLT, XHB, ITM, IGOV, VGK, TBT, GSG, DBC, CORN, ICN, SZR, BZF, GRU, DAX, FRC, DB, SAN, BNO, ENI

    Part 2 : Coming Week Market Movers & How To Profit

     

    The following is a weekly strategy guide for traders and investors, covering coming week’s market movers and trade ramifications for traders of all major asset classes via both traditional instruments and binary options. Perfect for those seeking a summary look at likely coming week market movers

     

     

    News Flows From The EU Likely To Dominate

     

    With a light economic calendar, developments surrounding Greece, EU banks, etc. should again dominate. The only possible competition could be yet another avoidable US budget battle as discussed below. Regarding the EU, items of chief importance include:

     

     

     

    Reaction To G20  & IMF Meetings: Likely To Be Muted

     

     

    The G-20 statement was long on supportive language but short on details and concrete steps. We don’t expect anything new from the IMF/WB meetings over the weekend, but risks remain for a surprise weekend announcement, as market fears have forced European leaders to take action, or at least appear to do so.

     

    Moves To Support Banks Could Spark Relief Bounce

     

    As noted in Part 1, French banks have been a point of special concern, so don’t be shocked if France announces some kind of move to boost confidence. After last week’s plunge, markets are ripe for some kind of bounce if given any excuse, as we saw in the week of September 12 – 16th.

     

    Moves To Support Banks Could Spark Relief Bounce

     

    There’s also a Tuesday meeting in Berlin between Germany’s Merkel and Greek PM Papandreou, which also may provide some hope if Merkel sounds upbeat on Greek progress.

     

    German Parliament EFSF Vote

    The German Bundestag is set to vote on the EFSF on Sept 29; the measure is expected to pass, but some coalition defections have made this a closer call.

     

    The only likely competition to the above could be…

    US Budget Battle

     

    The Federal government faces another shutdown threat which, if political deadlock reigns, could scare markets as it did in late July-early August, but of course Congress won’t be that dumb, right? Right?

     

     

    Forex: Anticipation of ECB Rate Cuts

    TO VIEW THE REST OF THIS ARTICLE PLEASE VISIT http://globalmarkets.anyoption.com AND FIND ARTICLE BY SAME NAME UNDER THE WEEKLY TAB

     

     

    DISCLOSURE /DISCLAIMER: THE ABOVE IS FOR INFORMATIONAL PURPOSES ONLY, RESPONSIBILITY FOR ALL TRADING DECISIONS LIES SOLELY WITH THE READER. IF WE WERE SURE WHAT WOULD HAPPEN, WE WOULDN’T BE TELLING YOU FOR FREE, NOW WOULD WE? 

     

     

     



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