News, Trends, & Analytics 24.04.2019

France to defy U.S. sanctions on Iran


The U.S.’s sanctions upon countries importing Iranian oil are meeting some push back. France and some of its European allies have pledged to help ensure Iran continues to receive some economic benefit while it abides by the terms of the Iran nuclear accord. With soaring oil prices, this move may destabilize the recent jump.

Stocks and the dollar grew in the U.S. largely thanks to a boom in the energy sector after White House sanctions on Iranian oil importer hit the news. Buoyed by black gold and its purchasing relationship the dollar reached a six-week high.

The pound dropped yesterday amid further challenges to Theresa May’s leadership. The PM still wants to push through a Brexit plan before EU elections. A vote could come as soon as next week.



Times in GMT


AUD CPI (QoQ) (Q1)

Predicted: 0.2% Previous: 0.5%


EUR German Ifo Business Climate Index

Predicted: 99.9 Previous: 99.6


CAD BoC Monetary Policy Report

CAD BoC Interest Rate Decision

Predicted: 1.75% Previous: 1.75%


USD Crude Oil Inventories

Predicted: -0.167M Previous: -1.396M


CAD BOC Press Conference



Russell 2000

This index’s 1D chart has shown a Bullish Engulfing signal indicating a continuation of the upward trend.


This precious metal’s 1D chart has shown a Three Inside Down pattern signaling a likelihood of a downtrend.

Related posts

Weekly News 13.07.2020–17.07.2020

Introducing the most complete review of the upcoming week from analysts Olymp Trade. It included both the news of the economic calendar and the world events that in one way or...

News, Trends, & Analytics 05.07.2019

There was another diplomatic skirmish between the departments of Great Britain and China. Beijing is demanding London keep its hands off Hong Kong and show respect.