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China meets GDP expectations, equities rally

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Financials: Mar. Bonds are currently 27 lower at 158’08, 10 Yr. notes 11 lower at 128’03.5 and 5 Yr. Notes 6.5 lower at 119’26.7. The lifting of some Iranian sanctions in response to adherence of mandated nuclear enrichment policies has put some pressure on energies over the last few days and has given the market (equities and bonds) a bit of a comfort zone to once again be in “risk on” mode. China’s 4th quarter GDP came in at 6.8% just below expectations of 6.9%. My last letter put resistance

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