News, Trends, Analytics 09.05.2019

PM May is determined to see Brexit to the end


U.K. Prime Minister Theresa May has shown no signs of giving in to calls from within her own party to stand aside. She is determined to settle Brexit before stepping away in any form. May continues to aim for a Brexit deal with the opposition that can win a majority in Parliament. The pound fell in response to continued turmoil.

The S&P 500 bounced back and then lost gains after investors heard that Chinese negotiators will arrive today. Gains were short-lived as confidence in progress is dwindling among traders. “We’ll have to see how this thing plays out at the end of the week here, but we would continue to expect this environment as long as the headlines are going back-and-forth,” said Charlie Ripley, a senior investment strategist for Allianz Investment Management.

In emerging markets, the lira extended losses against the dollar thanks to the fallout from Turkey’s decision to re-do municipal elections in Istanbul. The South African rand strengthened as the country headed to the polls for a national election. Emerging markets were a key signal of the last global recession.



Times in GMT

All Day Holiday Russia – Victory Day


USD Fed Chair Powell Speaks

USD PPI (MoM) (Apr)

Predicted: 0.2% Previous: 0.6%



Nikkei 225

The Japanese index’s 1D TF has shown a Three Outside Down pattern signaling a strong downtrend.


This currency pair’s 1D TF has shown a Three White Knights pattern signaling a continuation of its uptrend.

Related posts

DASKA Hit the Ruble?

The ""Defending American Security from Kremlin Aggression Act," will be discussed in the US Senate on December 11. Traders are getting ready.

News, Trends, & Analytics 24.10.2019

The Parliament of Great Britain had not begun to consider the terms of the current Brexit deal, which indicates a desire to get an additional delay.

News, Trends, & Analytics 12.03.2020

The Bank of England unexpectedly and sharply reduced its interest rate from 0.75% to 0.25%. The country has begun to intensify economic incentives amid the threat of the spread of...

News, Trends, & Analytics 01.07.2020

Western countries condemned the adoption of Hong Kong's national security law, although the head of the city does not believe that it would harm the autonomy.
Official Olymp Trade Blog