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    Daily Report – Tuesday 13th November

    THE DAILY REPORT

     

    THE DAILY REPORT

     

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    RISK EVENTS (AEDT)

    GBP Average Earnings at 8:30pm

    Major Bloomberg & Reuters News

    Wall Street tumbles, S&P falls as much as 2 percent
    wall street’s major indexes fell on Monday, with the s&p 500 sliding 2 percent, weighed by technology and financial stocks as shares of apple and Goldman sachs group inc came under pressure. with Monday's losses, all three indexes erased the gains from their brief rally after the u.s. congressional elections on Nov. 6.
    Trump Blasts Saudi Arabia for Plan to Reduce Oil Production
    President Donald Trump criticized Saudi Arabia’s announced plan to cut oil production on Monday, as tensions rose between the U.S. and its long-time Middle East ally.
    “Hopefully, Saudi Arabia and OPEC will not be cutting oil production. Oil prices should be much lower based on supply!” Trump said in a tweet.
    Brexit talks are nearing their endgame, May says
    May described the negotiations as immensely difficult and said there would not be an agreement at any cost. Her compromise plan, which seeks to maintain close trade ties with the EU in the future, faces opposition from Brexiteers, pro-Europeans, the Northern Irish party that props up her government, and even some of her own ministers.
    ECONOMIC ANNOUNCEMENTS  


    Trading FX and CFDs involves a substantial degree of risk and should only be undertaken with risk capital. Please refer to our website www.forexct.com.au for a copy of our PDS & FSG. Forex Capital Trading Pty Ltd (“ForexCT”) provides general advice that does not take into account your objectives, financial situation or needs. The contents of this newsletter do not take into account the personal circumstances of any individual investor. Investors do not own or have rights to underlying assets. ForexCT is regulated by ASIC (AFSL 306400, ABN 69 119 086 270). ForexCT’s AFS license and Australian regulation only applies to the financial services being offered in Australia only.

    ForexCT and its related entities do not warrant the accuracy or completeness of the information contained in this newsletter and shall not be responsible or liable for any loss or profit whatsoever which may arise directly or indirectly from any use or reliance upon any information in this newsletter. Any person acting on the information in this newsletter does so entirely at their own risk. Any analysis, opinion, commentary or research in this newsletter is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation or solicitation to buy or sell any financial product or instrument.  You should always seek independent financial advice.

    The trade signals above reflect Trading Central's judgement as at the time the information was prepared under the Terms and Conditions set by Trading Central. ForexCT and its related entities do not warrant the accuracy or completeness of the information contained in this newsletter and shall not be responsible or liable for any loss or profit whatsoever which may arise directly or indirectly from any use or reliance upon any trade setup, statement, opinion or omission.

    Posted: November 13, 2018 | 7:52 AM