Weekly Market Outlook 2/17/2019

Jp Morgan ChaseMcDonald stock has gained percent in the last two sessions the RSI is giving a positive signal.

Gold has performed a minor correction gaining 0.5% in the last session and the Williams oscillator remains positive.

USDJPY has lost 0.4% in the last session the CCI enters the negative area.

Bitcoin has performed a minor correction gaining 0.2% in the last session the MACD settles in the positive.

Japanese machinery orders will be released on Monday at 23:50 GMT

UK ILO unemployment rate Tuesday at 8:30 GMT

German ZEW survey economic sentiment Tuesday at 10:00 GMT

US FOMC minutes Wednesday at 19:00 GMT

Eurozone’s market PMI composite Thursday at 9:00 GMT

Canadian retail sales Friday at 13:30 GMT

 

JP Morgan launched its own cryptocurrency the JPM coins sparking a heated debate in the crypto world.

US stocks fell led by declines in consumer and bank shares after bleak retail data and concerns about retailer earnings.

The British parliament voted down yet another of May’s proposal sending the Sterling down or point 4 percent.