LTG GoldRock Live Trading TV Offer - DailyTrade.com.au

To register for your Free Access Pass to Watch LTG GoldRock Trade Live go to

www.dailytrade.com.au

I did warn traders last week about the Yen.

The Yen has risen in value the most in a month on the back of geopolitical tensions and stock market volatility. Even though the Bank of Japan continues to print staggering amounts of money to prop up its economy. I warned in this report last week about trying to get long on the Yen when negativity is in the air on stocks and geopolitical tensions are rising.
Currently there is a war in Iraq, Syria, Ukraine and the deadly battles between Israel and Hammas don't seem to be going away either. I doubt an overnight cease fire between Hammas and Israel will hold as both sides seem hell bent on their demands and no ceasefire has held true so far, so why should we expect this one to hold.
The Yen and Swiss Franc have the potential to gain strength in the short term so just be careful in the coming week or so trying to play the Yen and Swiss Franc short. As I mentioned last week I personally do not trade the Yen at all because of its unpredictable volatility.

US Non-Farm Payrolls data comes a day early.

The first Friday of every month is the day the Labour Department in the US releases its monthly official unemployment report but due to the July 4th national holiday tomorrow the official unemployment data will be released today at 10.30pm AEST.

If last night’s private ADP employment report is anything to go by the official data tonight could surprise to the upside by quite a bit. The ADP private jobs report Wednesday showed that the US economy added 281,000 jobs in the month of June which is well above the market estimates of around 210,000 to 215,000. The US Dollar rallied on this news but I will remind you that on the odd occasion we have seen the private and official jobs data in the past be vastly different.  But overall it is generally a decent guide and my sensors are telling me to watch for a better than expected number tonight.

The US Dollar rose Thursday simply because of expectation of a pickup in the US economy which would mean the US Fed may need to change its stance on when they plan to raise interest rates. One jobs number won't change the Fed's mind but a number of solid months of jobs gains will certainly get their attention and the speculation rally could very well begin in September or October. If the US did create over 200,000 jobs in June that will mark the 5th consecutive month of jobs numbers over 200,000 and it would be the best streak of jobs numbers since the year 2000.

LTG GoldRock are specialist Forex & Index Traders who assist over 3,000 investors daily learn how to take profit from the markets.

LTG GoldRock Reviews Bank of Japan April 2014

The Bank of Japan meets again at the end of this month to decide if it will add to its current stimulus program. Less than 10% of leading economist expect the BOJ to add more money this month however with recent weaker than expected Trade Balance data they may be swayed to move closer to injecting some more cash especially with the higher sales tax now getting ready to kick in and an inflation reading to digest Friday.

Every day in the LTG GoldRock Insider Report, Andrew Barnett and the LTG GOLDROCK Trading Team reviews the latest Forex News to helps every day investors understand what is happening in the financial markets.

US First Quarter Earning threat to Stocks?

The US first quarter company earnings season which is about to kick off threatens to be another trigger point for stocks to decline. If the big ticket US companies do not beat market estimates it is a virtual given that stocks will continue to decline. Full year’s earnings growth is expected to be overall 7.3% and if it’s closer to 5% than 7% then stocks will decline further.

For more LTG GoldRock Reviews join us at www.facebook.com/ltggoldrock

RBA boss says "Aussie is still too high" then it rallies even higher.

In his speech in Hong Kong on Wednesday Reserve Bank Governor Glenn Stevens said the Aussie Dollar was still too high but then went on to say. “We are going to have a boom in residential construction over the next couple of years that is very much on track.” Stevens also said. "Our assumption is that the terms of trade will fall further. We think commodity prices will be softer from where they have been in the past." He then added.  “It will be quite a surprise if that comes to pass if the Australian dollar doesn’t depreciate along with that."  Meaning that if commodity prices fall, so should the Aussie Dollar.

For the full LTG GoldRock Review of the Aussie Dollar you can subscribe to the GoldRock FX Subscription service starting from $295 & $89 per month.

The US won't walk away without a fight - LTG GoldRock Reviews

Russian President Putin soothed financial markets Tuesday when he said that Russia was not looking to divide Ukraine and take more control of the country. Putin stood in front of the Russian Parliament and approved Crimea becoming part of Russia after 97% of the Crimean population unanimously voted to become part of Russia. The US and European Union consider the referendum and any attempt at making Crimea part of Russia illegal and will try to enforce sanctions but at this point there seems to be no threat to financial markets. The US and EU will need to be careful that any sanctions they put in place doesn't inadvertently affect Europe as it struggles to get growth and jobs going again. The US and the EU are snookered somewhat and their ability to put real pressure on this situation seems weak at present but rest assured the US won't walk away from this without some sort of fight. Not a physical one but they won't let this rest I guarantee it. You just wait; this will heat up again very soon.  

LTG GoldRock Reviews the latest Forex News on www.ltggoldrock.tv