Busy Trading Week Ahead

In this podcast , Jonathan and Rory talk about their predictions on the financial markets, looking at Dollar, Dax, Gold, Oil, Apple, and major FX pairs. There is a busy week ahead with high impact data releases including, NFP, US PCE which could give some hints around the next inflation. (CPI) reading as well as thoughts on how the FOMC will react at the next monetary policy committee meeting in September. A higher number will indicate potential further increases to monetary policy and a stronger dollar led by weaker equities and bonds.Oil on the other hand has experienced a slight pull back following a 45 degree incline during July as demand was strong and supply levels from OPEC could be impacted due to production cuts.In FX, The Euro has been declining steadily and Rory discusses his great short trades on the pair last week, he talks us through why he shorted it and what he is focusing on going forward. Rory also talks about his reasoning for being neutral on Cable but still bullish on USDJPY as there may be a chance, we don’t see an intervention from the BoJ.For more analysis, join the fastest growing trading and investing network for free today app.twoblokestrading.com