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July - Sept 2023 Archive
NewsWatch & Best Pairs Lists

Archive - XXth XXX 2023

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Archive - 24th Sept 2023

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

24th​​ Sept 2023


Market Open Times​​ (NY Time): 
Tokyo 8pm  –  Frankfurt 2am ​​ – ​​ London 3am ​​ – ​​ US 8am
Be careful when ​​ Daylight ​​ Saving Changes are in play

All Times are in New York Times

Impact

Date

Time

Currency

News Event

 

 

 

 

 

N.A.

Sun Sep 24

 

 

 

 

 

 

 

 

Monitor

Mon Sep 25

4:00 a.m.

EUR

German ifo Business Climate

Monitor

Mon Sep 25

9:00 a.m.

EUR

ECB President Lagarde Speaks

 

 

 

 

 

Monitor

Tue Sep 26

1:00 a.m.

JPY

BOJ Core CPI y/y

All TFs

Tue Sep 26

10:00 a.m.

USD

CB Consumer Confidence

Monitor

Tue Sep 26

10:00 a.m.

USD

New Home Sales

Monitor

Tue Sep 26

7:50 p.m.

JPY

Monetary Policy Meeting Minutes

 

 

 

 

 

Monitor

Wed Sep 27

2:00 a.m.

EUR

German GfK Consumer Climate

Monitor

Wed Sep 27

4:00 a.m.

CHF

Credit Suisse Economic Expectations

All TFs

Wed Sep 27

4:00 a.m.

EUR

M3 Money Supply y/y

Monitor

Wed Sep 27

Tentative

EUR

German 10-y Bond Auction

Under H4

Wed Sep 27

8:30 a.m.

USD

Core Durable Goods Orders m/m

Under H4

Wed Sep 27

8:30 a.m.

USD

Durable Goods Orders m/m

Monitor

Wed Sep 27

9:00 a.m.

CHF

SNB Quarterly Bulletin

Monitor

Wed Sep 27

10:30 a.m.

USD

Crude Oil Inventories

Monitor

Wed Sep 27

8:00 p.m.

NZD

ANZ Business Confidence

Monitor

Wed Sep 27

9:30 p.m.

AUD

Retail Sales m/m

 

 

 

 

 

Under H4

Thu Sep 28

28th-3rd

GBP

Nationwide HPI m/m

Monitor

Thu Sep 28

All Day

EUR

German Prelim CPI m/m

Monitor

Thu Sep 28

4:00 a.m.

EUR

ECB Economic Bulletin

Monitor

Thu Sep 28

Tentative

EUR

Italian 10-y Bond Auction

Under H4

Thu Sep 28

8:30 a.m.

USD

Final GDP q/q

Monitor

Thu Sep 28

8:30 a.m.

USD

Unemployment Claims

Monitor

Thu Sep 28

8:30 a.m.

USD

Final GDP Price Index q/q

Monitor

Thu Sep 28

10:30 a.m.

USD

Natural Gas Storage

Monitor

Thu Sep 28

7:30 p.m.

JPY

Tokyo Core CPI y/y

Holiday

Thu Sep 28

All Day

CNY

Bank Holiday

 

 

 

 

 

Monitor

Fri Sep 29

1:00 a.m.

JPY

Consumer Confidence

All TFs

Fri Sep 29

2:00 a.m.

GBP

Current Account

Monitor

Fri Sep 29

2:00 a.m.

GBP

Final GDP q/q

Monitor

Fri Sep 29

3:00 a.m.

CHF

KOF Economic Barometer

Monitor

Fri Sep 29

5:00 a.m.

EUR

Core CPI Flash Estimate y/y

Monitor

Fri Sep 29

5:00 a.m.

EUR

CPI Flash Estimate y/y

All TFs

Fri Sep 29

8:30 a.m.

CAD

GDP m/m

All TFs

Fri Sep 29

8:30 a.m.

USD

Core PCE Price Index m/m

Under H4

Fri Sep 29

9:45 a.m.

USD

Chicago PMI

Monitor

Fri Sep 29

9:30 p.m.

CNY

Manufacturing PMI

Monitor

Fri Sep 29

9:30 p.m.

CNY

Non-Manufacturing PMI

 

 

 

 

 

Monitor

Sat Sep 30

12:00 p.m.

AUD

Daylight Saving Time Shift

Monitor

Sat Sep 30

9:45 p.m.

CNY

Caixin Manufacturing PMI

Monitor

Sat Sep 30

9:45 p.m.

CNY

Caixin Services PMI

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


24th​​ Sept 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPNZD

148

882

Suggested

Best Pairs

2

GBPJPY

125

839

3

GBPAUD

130

838

4

GBPUSD

81

812

5

EURNZD

132

786

6

EURAUD

121

778

7

GBPCAD

103

764

8

EURJPY

101

681

9

EURUSD

67

675

10

EURCAD

91

672

11

CHFJPY

95

641

Less stressful?​​ 

12

USDJPY

91

615

Possibly less​​ profitable

13

GBPCHF

54

598

but possibly easier​​ 

14

AUDUSD

55

547

to trade.

15

USDCHF

49

543

 

 

16

CADJPY

76

514

 

17

USDCAD

68

504

 

 

18

NZDUSD

50

500

 

19

AUDJPY

71

479

​​ 

20

EURGBP

38

465

​​ 

21

EURCHF

40

443

​​ 

22

AUDCHF

40

437

Poorer performers:

23

CADCHF

40

436

Much less volatility &

24

AUDCAD

58

427

likely less profit from

25

NZDCAD

57

422

these pairs based on

26

NZDCHF

37

409

their past performance

27

NZDJPY

60

406

 

28

AUDNZD

43

254

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News Events to​​ help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon 18

Tues 19

Wed 20

Thur 21

Fri 22

 

 

1st Choices

GBPNZD or GBPJPY

GBPUSD or EURUSD

EURUSD or GBPUSD

GBPUSD or​​ GBPNZD

GBPUSD or GBPCAD

GBPAUD or GBPUSD

GBPNZD or GBPJPY

EURNZD​​ or EURAUD

GBPJPY​​ or GBPAUD

GBPNZD or GBPJPY

 

2nd Choices

EURNZD​​ or EURAUD

GBPAUD or EURNZD

EURJPY or EURCAD

GBPCAD or EURUSD

GBPAUD,​​ EURUSD​​ or EURCAD

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider​​ monitoring/trading these ones instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers​​ allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • CHFJPY

  • USDJPY

  • GBPCHF

  • AUDUSD

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
24th​​ Sept 2023


Last modified:  ​​​​ ​​ China/Evergrande 20th​​ August​​ 2023​​ –​​ 
(China – possible deflation, Bankruptcy Evergrande)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

  ​​ 

All Countries–​​ Inflation ​​ ​​ (Added:  30th April 2023)
–​​ Closely monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 & 2021))
           ​​ Beware – this​​ conflict has escalated



China – possible deflation setting up  ​​ ​​ ​​​​ –​​ (Added:  13th Aug 2023)
 ​​ ​​​​ Monitor ​​ - impact on trading partners​​ - esp Aus & NZ

 ​​ ​​​​  ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/news/1235581-china-new-loans-plunge-to-2009-low-in?&highlight=china

 

USSR Leadership issues ​​ – Monitor (Added:  1st​​ July 2023)
           ​​ 

Silicon Valley Bank collapse​​ + contagion?​​  ​​ ​​ ​​​​ (Updated 18 March 2023, Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
 ​​ ​​ ​​ ​​ ​​ ​​​​ SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business changes/closures as lockdowns start to expire.

 

US​​ vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: ​​ 19 Aug 2023 ​​ & 26 Aug 21)
– Evergrande has filed for bankruptcy in the US

 ​​ ​​ ​​ ​​​​ https://www.reuters.com/legal/china-evergrande-files-chapter-15-bankruptcy-us-court-filing-2023-08-17/
– Monitor as it could impact​​ China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict​​ Escalation & Possible Nuclear Arsenal (Update: 22 Aug 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term​​ Impact

 

 

 

US Dollar losing primacy as Reserve Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

 

 

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 17th Sept 2023

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

17th​​ Sept 2023


Market Open Times​​ (NY Time): 
Tokyo 8pm  –  Frankfurt 2am ​​ – ​​ London 3am ​​ – ​​ US 8am
Be careful when ​​ Daylight ​​ Saving Changes are in play

All Times are in New York Times

Impact

Date

Time

Currency

News Event

 

 

 

 

 

Holiday

Sun Sep 17

All Day

JPY

Bank Holiday

.

 

 

 

 

Monitor

Mon Sep 18

Tentative

EUR

German Buba Monthly Report

Monitor

Mon Sep 18

8:15 a.m.

CAD

Housing Starts

Monitor

Mon Sep 18

9:30 p.m.

AUD

Monetary Policy Meeting Minutes

.

 

 

 

 

All TFs

Tue Sep 19

2:00 a.m.

CHF

Trade Balance

All TFs

Tue Sep 19

4:00 a.m.

EUR

Current Account

Monitor

Tue Sep 19

5:00 a.m.

EUR

Final Core CPI y/y

Monitor

Tue Sep 19

5:00 a.m.

EUR

Final CPI y/y

Monitor

Tue Sep 19

Tentative

GBP

30-y Bond Auction

All TFs

Tue Sep 19

8:30 a.m.

CAD

CPI m/m

All TFs

Tue Sep 19

8:30 a.m.

CAD

Core CPI m/m

Monitor

Tue Sep 19

8:30 a.m.

USD

Housing Starts

All TFs

Tue Sep 19

Tentative

NZD

GDT Price Index

All TFs

Tue Sep 19

6:45 p.m.

NZD

Current Account

All TFs

Tue Sep 19

7:50 p.m.

JPY

Trade Balance

Monitor

Tue Sep 19

8:30 p.m.

AUD

MI Leading Index m/m

.

 

 

 

 

Monitor

Wed Sep 20

2:00 a.m.

GBP

CPI y/y

Monitor

Wed Sep 20

2:00 a.m.

GBP

Core CPI y/y

Monitor

Wed Sep 20

10:30 a.m.

USD

Crude Oil Inventories

Monitor

Wed Sep 20

1:30 p.m.

CAD

BOC Summary of Deliberations

Hi Impact

Wed Sep 20

2:00 p.m.

USD

Federal Funds Rate

Hi Impact

Wed Sep 20

2:00 p.m.

USD

FOMC Economic Projections

Hi Impact

Wed Sep 20

2:00 p.m.

USD

FOMC Statement

Hi Impact

Wed Sep 20

2:30 p.m.

USD

FOMC Press Conference

All TFs

Wed Sep 20

6:45 p.m.

NZD

GDP q/q

Monitor

Wed Sep 20

9:30 p.m.

AUD

RBA Bulletin

.

 

 

 

 

Hi Impact

Thu Sep 21

3:30 a.m.

CHF

SNB Monetary Policy Assessment

Hi Impact

Thu Sep 21

3:30 a.m.

CHF

SNB Policy Rate

Hi Impact

Thu Sep 21

Tentative

CHF

SNB Press Conference

Hi Impact

Thu Sep 21

7:00 a.m.

GBP

Monetary Policy Summary

Hi Impact

Thu Sep 21

7:00 a.m.

GBP

MPC Official Bank Rate Votes

Hi Impact

Thu Sep 21

7:00 a.m.

GBP

Official Bank Rate

Monitor

Thu Sep 21

Tentative

GBP

BOE Inflation Letter

Monitor

Thu Sep 21

8:30 a.m.

USD

Unemployment Claims

Under H4

Thu Sep 21

8:30 a.m.

USD

Philly Fed Manufacturing Index

All TFs

Thu Sep 21

8:30 a.m.

USD

Current Account

Monitor

Thu Sep 21

10:00 a.m.

USD

Existing Home Sales

Monitor

Thu Sep 21

10:30 a.m.

USD

Natural Gas Storage

All TFs

Thu Sep 21

6:45 p.m.

NZD

Trade Balance

Monitor

Thu Sep 21

7:01 p.m.

GBP

GfK Consumer Confidence

Monitor

Thu Sep 21

7:30 p.m.

JPY

National Core CPI y/y

Hi Impact

Thu Sep 21

Tentative

JPY

Monetary Policy Statement

Hi Impact

Thu Sep 21

Tentative

JPY

BOJ Policy Rate

.

 

 

 

 

Under H4

Fri Sep 22

2:00 a.m.

GBP

Retail Sales m/m

Hi Impact

Fri Sep 22

Tentative

JPY

BOJ Press Conference

Monitor

Fri Sep 22

4:00 a.m.

EUR

Flash Manufacturing PMI

Monitor

Fri Sep 22

4:00 a.m.

EUR

Flash Services PMI

Under H4

Fri Sep 22

8:30 a.m.

CAD

Core Retail Sales m/m

Under H4

Fri Sep 22

8:30 a.m.

CAD

Retail Sales m/m

Monitor

Fri Sep 22

9:45 a.m.

USD

Flash Manufacturing PMI

Monitor

Fri Sep 22

9:45 a.m.

USD

Flash Services PMI

.

 

 

 

 

Monitor

Sat Sep 23

10:00 a.m.

NZD

Daylight Saving Time Shift

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


17th​​ Sept 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

136

919

Suggested

Best Pairs

2

GBPUSD

90

904

3

GBPNZD

141

833

4

GBPAUD

129

829

5

EURAUD

123

790

6

GBPCAD

107

788

7

EURNZD

133

786

8

EURJPY

113

766

9

EURUSD

72

715

10

CHFJPY

103

698

11

USDJPY

102

689

Less stressful?​​ 

12

EURCAD

91

674

Possibly less​​ profitable

13

GBPCHF

55

612

but possibly easier​​ 

14

USDCHF

51

567

to trade.

15

AUDUSD

56

561

 

 

16

CADJPY

77

519

 

17

NZDUSD

51

506

 

 

18

USDCAD

67

496

 

19

EURGBP

38

468

​​ 

20

AUDJPY

68

458

​​ 

21

AUDCAD

59

435

​​ 

22

AUDCHF

39

431

Poorer performers:

23

CADCHF

38

423

Much less volatility &

24

NZDCAD

56

416

likely less profit from

25

EURCHF

37

413

these pairs based on

26

NZDJPY

57

387

their past performance

27

NZDCHF

34

381

 

28

AUDNZD

40

236

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News Events to help narrow the selection.
MAX Courses will teach you how to make​​ this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon 18

Tues 19

Wed 20

Thur 21

Fri 22

 

 

1st Choices

GBPJPY or GBPUSD

EURNZD or GBPNZD

USDJPY or GBPUSD

GBPJPY! or CHFJPY!

GBPJPY or EURJPY

GBPNZD or GBPAUD

EURJPY or CHFJPY

GBPJPY or GBPNZD

GBPUSD, GBPNZD or USDJPY

CHFJPY or USDJPY

 

2nd Choices

EURJPY or CHFJPY

EURAUD or GBPCAD

EURJPY, CHFJPY or EURNZD

GBPAUD, EURJPY or GBPCAD

GBPUSD, GBPNZD or GBPAUD

 

 

 

 

 

Smooth Movers


These pairs might be​​ less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider monitoring/trading these ones instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider​​ trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • USDJPY

  • EURCAD

  • GBPCHF

  • USDCHF

  • AUDUSD

  • CADJPY

  • NZDUSD

  • USDCAD

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
17th​​ Sept 2023


Last modified:  ​​​​ ​​ China/Evergrande 20th​​ August​​ 2023​​ –​​ 
(China – possible deflation, Bankruptcy Evergrande)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

  ​​ 

All Countries–​​ Inflation ​​ ​​ (Added:  30th April 2023)
–​​ Closely monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 & 2021))
           ​​ Beware – this​​ conflict has escalated



China – possible deflation setting up  ​​ ​​ ​​​​ –​​ (Added:  13th Aug 2023)
 ​​ ​​​​ Monitor ​​ - impact on trading partners​​ - esp Aus & NZ

 ​​ ​​​​  ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/news/1235581-china-new-loans-plunge-to-2009-low-in?&highlight=china

 

USSR Leadership issues ​​ – Monitor (Added:  1st​​ July 2023)
           ​​ 

Silicon Valley Bank collapse​​ + contagion?​​  ​​ ​​ ​​​​ (Updated 18 March 2023, Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
 ​​ ​​ ​​ ​​ ​​ ​​​​ SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business changes/closures as lockdowns start to expire.

 

US​​ vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: ​​ 19 Aug 2023 ​​ & 26 Aug 21)
– Evergrande has filed for bankruptcy in the US

 ​​ ​​ ​​ ​​​​ https://www.reuters.com/legal/china-evergrande-files-chapter-15-bankruptcy-us-court-filing-2023-08-17/
– Monitor as it could impact​​ China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict​​ Escalation & Possible Nuclear Arsenal (Update: 22 Aug 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term​​ Impact

 

 

 

US Dollar losing primacy as Reserve Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

 

 

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 10th Sept 2023

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

10th​​ Sept 2023


Market Open Times​​ (NY Time): 
Tokyo 8pm  –  Frankfurt 2am ​​ – ​​ London 3am ​​ – ​​ US 8am
Be careful when ​​ Daylight ​​ Saving Changes are in play

All Times are in New York Times

Impact

Date

Time

Currency

News Event

 

 

 

 

 

N A​​ 

Sun Sep 10

 

 

 

.

 

 

 

 

Monitor

Mon Sep 11

11th-15th

CNY

New Loans

Monitor

Mon Sep 11

11th-15th

CNY

M2 Money Supply y/y

Monitor

Mon Sep 11

9:30 p.m.

AUD

NAB Business Confidence

.

 

 

 

 

Monitor

Tue Sep 12

2:00 a.m.

GBP

Average Earnings Index 3m/y

Under H4

Tue Sep 12

5:00 a.m.

EUR

German ZEW Economic Sentiment

Under H4

Tue Sep 12

5:00 a.m.

EUR

ZEW Economic Sentiment

Monitor

Tue Sep 12

Tentative

GBP

NIESR GDP Estimate

Monitor

Tue Sep 12

1:01 p.m.

USD

10-y Bond Auction

.

 

 

 

 

All TFs

Wed Sep 13

2:00 a.m.

GBP

GDP m/m

Under H4

Wed Sep 13

2:00 a.m.

GBP

Industrial Production m/m

Under H4

Wed Sep 13

2:00 a.m.

GBP

Manufacturing Production m/m

Under H4

Wed Sep 13

5:00 a.m.

EUR

Industrial Production m/m

Monitor

Wed Sep 13

Tentative

GBP

10-y Bond Auction

Monitor

Wed Sep 13

Tentative

EUR

German 30-y Bond Auction

All TFs

Wed Sep 13

8:30 a.m.

USD

Core CPI m/m

All TFs

Wed Sep 13

8:30 a.m.

USD

CPI m/m

Monitor

Wed Sep 13

8:30 a.m.

USD

CPI y/y

Monitor

Wed Sep 13

10:30 a.m.

USD

Crude Oil Inventories

Monitor

Wed Sep 13

1:01 p.m.

USD

30-y Bond Auction

Monitor

Wed Sep 13

2:00 p.m.

USD

Federal Budget Balance

Monitor

Wed Sep 13

9:00 p.m.

AUD

MI Inflation Expectations

Under H4

Wed Sep 13

9:30 p.m.

AUD

Employment Change

Under H4

Wed Sep 13

9:30 p.m.

AUD

Unemployment Rate

.

 

 

 

 

Monitor

Thu Sep 14

2:30 a.m.

CHF

PPI m/m

Monitor

Thu Sep 14

Tentative

EUR

EU Economic Forecasts

Hi Impact

Thu Sep 14

8:15 a.m.

EUR

Main Refinancing Rate

Hi Impact

Thu Sep 14

8:15 a.m.

EUR

Monetary Policy Statement

Under H4

Thu Sep 14

8:30 a.m.

CAD

Wholesale Sales m/m

Monitor

Thu Sep 14

8:30 a.m.

USD

Core PPI m/m

Under H4

Thu Sep 14

8:30 a.m.

USD

Core Retail Sales m/m

Monitor

Thu Sep 14

8:30 a.m.

USD

PPI m/m

Under H4

Thu Sep 14

8:30 a.m.

USD

Retail Sales m/m

Monitor

Thu Sep 14

8:30 a.m.

USD

Unemployment Claims

Hi Impact

Thu Sep 14

8:45 a.m.

EUR

ECB Press Conference

Monitor

Thu Sep 14

10:30 a.m.

USD

Natural Gas Storage

.

 

 

 

 

Monitor

Fri Sep 15

4:30 a.m.

GBP

Consumer Inflation Expectations

All TFs

Fri Sep 15

5:00 a.m.

EUR

Trade Balance

Under H4

Fri Sep 15

8:30 a.m.

CAD

Manufacturing Sales m/m

Under H4

Fri Sep 15

9:15 a.m.

USD

Industrial Production m/m

Under H4

Fri Sep 15

10:00 a.m.

USD

Prelim UoM Consumer Sentiment

Under H4

Fri Sep 15

10:00 a.m.

USD

Prelim UoM Inflation Expectations

 

 

 

 

 

NA

Sat Sep 16

 

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


10th​​ Sept 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

155

1048

Suggested

Best Pairs

2

GBPUSD

97

967

3

GBPNZD

161

948

4

GBPAUD

148

945

5

EURJPY

131

883

6

CHFJPY

130

882

7

USDJPY

129

875

8

EURAUD

134

854

9

EURNZD

142

835

10

GBPCAD

114

834

11

EURUSD

73

731

Less stressful?​​ 

12

GBPCHF

64

718

Possibly less​​ profitable

13

USDCHF

63

706

but possibly easier​​ 

14

AUDUSD

68

678

to trade.

15

EURCAD

91

669

 

 

16

CADJPY

97

654

 

17

AUDJPY

94

637

 

 

18

NZDUSD

62

619

 

19

NZDJPY

83

560

​​ 

20

USDCAD

72

527

​​ 

21

AUDCHF

47

525

​​ 

22

EURGBP

42

521

Poorer performers:

23

CADCHF

44

496

Much less volatility &

24

AUDCAD

67

490

likely less profit from

25

NZDCHF

43

481

these pairs based on

26

EURCHF

42

471

their past performance

27

NZDCAD

64

470

 

28

AUDNZD

51

299

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News Events to help narrow the selection.
MAX Courses will teach you how to make​​ this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon​​ 11

Tues​​ 12

Wed​​ 13

Thur​​ 14

Fri​​ 15

 

 

1st Choices

GBPJPY or GBPUSD

EURJPY or EURAUD

GBPUSD or GBPJPY

EURAUD or EURJPY

GBPUSD or EURJPY

GBPNZD or GBPAUD

EURNZD or GBPJPY

GBPNZD or GBPAUD

EURNZD or GBPUSD

USDJPY or EURAUD

 

2nd Choices

EURJPY or EURAUD

GBPUSD or GBPNZD

EURJPY or USDJPY

GBPAUD, USDJPY or GBPCAD

EURNZD or GBPCAD

 

 

 

 

 

Smooth Movers


These pairs might be​​ less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider monitoring/trading these ones instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider​​ trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • EURUSD

  • GBPCHF

  • USDCHF

  • AUDUSD

  • EURCAD

  • CADJPY

  • AUDJPY

  • NZDUSD

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
10th​​ Sept 2023


Last modified:  ​​​​ ​​ China/Evergrande 20th​​ August​​ 2023​​ –​​ 
(China – possible deflation, Bankruptcy Evergrande)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

  ​​ 

All Countries–​​ Inflation ​​ ​​ (Added:  30th April 2023)
–​​ Closely monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 & 2021))
           ​​ Beware – this​​ conflict has escalated



China – possible deflation setting up  ​​ ​​ ​​​​ –​​ (Added:  13th Aug 2023)
 ​​ ​​​​ Monitor ​​ - impact on trading partners​​ - esp Aus & NZ

 ​​ ​​​​  ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/news/1235581-china-new-loans-plunge-to-2009-low-in?&highlight=china

 

USSR Leadership issues ​​ – Monitor (Added:  1st​​ July 2023)
           ​​ 

Silicon Valley Bank collapse​​ + contagion?​​  ​​ ​​ ​​​​ (Updated 18 March 2023, Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
 ​​ ​​ ​​ ​​ ​​ ​​​​ SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business changes/closures as lockdowns start to expire.

 

US​​ vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: ​​ 19 Aug 2023 ​​ & 26 Aug 21)
– Evergrande has filed for bankruptcy in the US

 ​​ ​​ ​​ ​​​​ https://www.reuters.com/legal/china-evergrande-files-chapter-15-bankruptcy-us-court-filing-2023-08-17/
– Monitor as it could impact​​ China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict​​ Escalation & Possible Nuclear Arsenal (Update: 22 Aug 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term​​ Impact

 

 

 

US Dollar losing primacy as Reserve Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

 

 

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 3rd Sept 2023

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

3rd​​ Sept​​ 2023


Market Open Times​​ (NY Time): 
Tokyo 8pm  –  Frankfurt 2am ​​ – ​​ London 3am ​​ – ​​ US 8am
Be careful when ​​ Daylight ​​ Saving Changes are in play

All Times are in New York Times

Impact

Date

Time

Currency

News Event

 

 

 

 

 

Monitor

Sun Sep 3

9:00 p.m.

AUD

MI Inflation Gauge m/m

 

 

 

 

 

All TFs

Mon Sep 4

3:00 a.m.

CHF

GDP q/q

Holiday

Mon Sep 4

All Day

CAD

Bank Holiday

Holiday

Mon Sep 4

All Day

USD

Bank Holiday

All TFs

Mon Sep 4

9:30 p.m.

AUD

Current Account

Monitor

Mon Sep 4

9:45 p.m.

CNY

Caixin Services PMI

Monitor

Mon Sep 4

11:35 p.m.

JPY

10-y Bond Auction

 

 

 

 

 

Hi Impact

Tue Sep 5

12:30 a.m

AUD

Cash Rate

Hi Impact

Tue Sep 5

12:30 a.m

AUD

RBA Rate Statement

All TFs

Tue Sep 5

Tentative

NZD

GDT Price Index

All TFs

Tue Sep 5

9:30 p.m.

AUD

GDP q/q

 

 

 

 

 

Under H4

Wed Sep 6

4:30 a.m.

GBP

Construction PMI

Monitor

Wed Sep 6

Tentative

EUR

German 10-y Bond Auction

All TFs

Wed Sep 6

8:30 a.m.

CAD

Trade Balance

All TFs

Wed Sep 6

8:30 a.m.

USD

Trade Balance

Monitor

Wed Sep 6

9:15 a.m.

GBP

Monetary Policy Report Hearings

Hi Impact

Wed Sep 6

10:00 a.m.

CAD

BOC Rate Statement

Hi Impact

Wed Sep 6

10:00 a.m.

CAD

Overnight Rate

Monitor

Wed Sep 6

10:00 a.m.

USD

ISM Services PMI

Monitor

Wed Sep 6

2:00 p.m.

USD

Beige Book

All TFs

Wed Sep 6

9:30 p.m.

AUD

Trade Balance

Monitor

Wed Sep 6

Tentative

CNY

Trade Balance

Monitor

Wed Sep 6

Tentative

CNY

USD-Denominated Trade Balance

Monitor

Wed Sep 6

11:35 p.m.

JPY

30-y Bond Auction

 

 

 

 

 

Under H4

Thu Sep 7

2:00 a.m.

GBP

Halifax HPI m/m

Monitor

Thu Sep 7

Tentative

EUR

Spanish 10-y Bond Auction

Monitor

Thu Sep 7

Tentative

EUR

French 10-y Bond Auction

Monitor

Thu Sep 7

8:30 a.m.

USD

Unemployment Claims

Monitor

Thu Sep 7

10:30 a.m.

USD

Natural Gas Storage

Monitor

Thu Sep 7

11:00 a.m.

USD

Crude Oil Inventories

All TFs

Thu Sep 7

7:50 p.m.

JPY

Current Account

Monitor

Thu Sep 7

7:50 p.m.

JPY

Final GDP Price Index y/y

Monitor

Thu Sep 7

7:50 p.m.

JPY

Final GDP q/q

 

 

 

 

 

Monitor

Fri Sep 8

1:00 a.m.

JPY

Economy Watchers Sentiment

Monitor

Fri Sep 8

2:00 a.m.

EUR

German Final CPI m/m

Monitor

Fri Sep 8

Tentative

EUR

EU Economic Forecasts

Under H4

Fri Sep 8

8:30 a.m.

CAD

Employment Change

Under H4

Fri Sep 8

8:30 a.m.

CAD

Unemployment Rate

Monitor

Fri Sep 8

9:30 p.m.

CNY

CPI y/y

Monitor

Fri Sep 8

9:30 p.m.

CNY

PPI y/y

 

 

 

 

 

N.A.

Sat Sep 9

Day 1

All

G20 Meetings

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


3rd​​ Sept​​ 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

154

1054

Suggested

Best Pairs

2

GBPUSD

98

983

3

GBPNZD

161

956

4

GBPAUD

147

950

5

EURJPY

131

898

6

CHFJPY

130

888

7

USDJPY

128

877

8

EURAUD

135

872

9

EURNZD

144

858

10

GBPCAD

115

843

11

GBPCHF

67

753

Less stressful?​​ 

12

EURUSD

75

747

Possibly less​​ profitable

13

USDCHF

65

729

but possibly easier​​ 

14

EURCAD

93

683

to trade.

15

AUDUSD

68

683

 

 

16

AUDJPY

95

652

 

17

CADJPY

95

649

 

 

18

NZDUSD

63

635

 

19

NZDJPY

84

577

​​ 

20

EURGBP

43

542

​​ 

21

AUDCHF

47

536

​​ 

22

USDCAD

73

534

Poorer performers:

23

CADCHF

45

512

Much less volatility &

24

EURCHF

44

492

likely less profit from

25

NZDCHF

44

492

these pairs based on

26

AUDCAD

67

491

their past performance

27

NZDCAD

66

484

 

28

AUDNZD

54

320

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News Events to​​ help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon​​ 04

Tues​​ 05

Wed​​ 06

Thur​​ 07

Fri​​ 08

 

 

1st Choices

CHFJPY or GBPJPY

GBPAUD or EURAUD

GBPCAD or GBPUSD

GBPAUD or GBPJPY

GBPJPY or EURJPY

GBPUSD or GBPNZD

GBPNZD or EURNZD

GBPNZD or GBPAUD

GBPUSD or GBPNZD

CHFJPY or USDJPY

 

2nd Choices

GBPAUD or EURJPY

GBPJPY or GBPUSD

GBPJPY, USDJPY or EURAUD

EURAUD or​​ GBPCAD

GBPCAD or GBPUSD

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider monitoring/trading these ones instead.


Less money, but​​ possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • GBPCHF

  • EURUSD

  • USDCHF

  • EURCAD

  • AUDUSD

  • AUDJPY

  • CADJPY

  • NZDUSD

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
3rd​​ Sept​​ 2023


Last modified:  ​​​​ ​​ China/Evergrande 20th​​ August​​ 2023​​ –​​ 
(China – possible deflation, Bankruptcy Evergrande)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

  ​​ 

All Countries–​​ Inflation ​​ ​​ (Added:  30th April 2023)
–​​ Closely monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 & 2021))
           ​​ Beware – this​​ conflict has escalated



China – possible deflation setting up  ​​ ​​ ​​​​ –​​ (Added:  13th Aug 2023)
 ​​ ​​​​ Monitor ​​ - impact on trading partners​​ - esp Aus & NZ

 ​​ ​​​​  ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/news/1235581-china-new-loans-plunge-to-2009-low-in?&highlight=china

 

USSR Leadership issues ​​ – Monitor (Added:  1st​​ July 2023)
           ​​ 

Silicon Valley Bank collapse​​ + contagion?​​  ​​ ​​ ​​​​ (Updated 18 March 2023, Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
 ​​ ​​ ​​ ​​ ​​ ​​​​ SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business changes/closures as lockdowns start to expire.

 

US​​ vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: ​​ 19 Aug 2023 ​​ & 26 Aug 21)
– Evergrande has filed for bankruptcy in the US

 ​​ ​​ ​​ ​​​​ https://www.reuters.com/legal/china-evergrande-files-chapter-15-bankruptcy-us-court-filing-2023-08-17/
– Monitor as it could impact​​ China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict​​ Escalation & Possible Nuclear Arsenal (Update: 22 Aug 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term​​ Impact

 

 

 

US Dollar losing primacy as Reserve Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

 

 

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 27th August 2023

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

27th​​ Aug 2023


Market Open Times​​ (NY Time): 
Tokyo 8pm  –  Frankfurt 2am ​​ – ​​ London 3am ​​ – ​​ US 8am
Be careful when ​​ Daylight ​​ Saving Changes are in play

All Times are in New York Times

Impact

Date

Time

Currency

News Event

 

 

 

 

Row @ 0.58  ​​ ​​​​ Cell= Middle

Monitor

Sun Aug 27

9:30 p.m.

AUD

Retail Sales m/m

 

 

 

 

 

Holiday

Mon Aug 28

All Day

GBP

Bank Holiday

All TFs

Mon Aug 28

4:00 a.m.

EUR

M3 Money Supply y/y

 

 

 

 

 

Monitor

Tue Aug 29

2:00 a.m.

EUR

German GfK Consumer Climate

Monitor

Tue Aug 29

Tentative

EUR

EU Economic Forecasts

All TFs

Tue Aug 29

10:00 a.m.

USD

CB Consumer Confidence

 

 

 

 

 

Monitor

Wed Aug 30

12:00 a.m.

JPY

Consumer Confidence

Monitor

Wed Aug 30

All Day

EUR

German Prelim CPI m/m

Monitor

Wed Aug 30

3:00 a.m.

CHF

KOF Economic Barometer

Monitor

Wed Aug 30

4:00 a.m.

CHF

Credit Suisse Economic Expectations

Monitor

Wed Aug 30

Tentative

EUR

Italian 10-y Bond Auction

Under H4

Wed Aug 30

8:15 a.m.

USD

ADP Non-Farm Employment Change

All TFs

Wed Aug 30

8:30 a.m.

USD

Prelim GDP q/q

All TFs

Wed Aug 30

8:30 a.m.

USD

Prelim GDP Price Index q/q

Monitor

Wed Aug 30

10:30 a.m.

USD

Crude Oil Inventories

Monitor

Wed Aug 30

9:00 p.m.

NZD

ANZ Business Confidence

Monitor

Wed Aug 30

9:30 p.m.

CNY

Manufacturing PMI

Monitor

Wed Aug 30

9:30 p.m.

CNY

Non-Manufacturing PMI

 

 

 

 

 

Monitor

Thu Aug 31

5:00 a.m.

EUR

Core CPI Flash Estimate y/y

Monitor

Thu Aug 31

5:00 a.m.

EUR

CPI Flash Estimate y/y

Monitor

Thu Aug 31

5:00 a.m.

EUR

Unemployment Rate

Monitor

Thu Aug 31

7:30 a.m.

EUR

ECB Monetary Policy Meeting Accounts

All TFs

Thu Aug 31

8:30 a.m.

CAD

Current Account

All TFs

Thu Aug 31

8:30 a.m.

USD

Core PCE Price Index m/m

Monitor

Thu Aug 31

8:30 a.m.

USD

Unemployment Claims

Under H4

Thu Aug 31

9:45 a.m.

USD

Chicago PMI

Monitor

Thu Aug 31

10:30 a.m.

USD

Natural Gas Storage

Monitor

Thu Aug 31

9:45 p.m.

CNY

Caixin Manufacturing PMI

 

 

 

 

 

Under H4

Fri Sep 1

2:00 a.m.

GBP

Nationwide HPI m/m

Monitor

Fri Sep 1

2:30 a.m.

AUD

Commodity Prices y/y

All TFs

Fri Sep 1

2:30 a.m.

CHF

CPI m/m

All TFs

Fri Sep 1

8:30 a.m.

CAD

GDP m/m

Hi Impact

Fri Sep 1

8:30 a.m.

USD

Average Hourly Earnings m/m

Hi Impact

Fri Sep 1

8:30 a.m.

USD

Non-Farm Employment Change

Hi Impact

Fri Sep 1

8:30 a.m.

USD

Unemployment Rate

Hi Impact

Fri Sep 1

8:31​​ a.m.

USD

NFP Revision

Under H4

Fri Sep 1

9:30 a.m.

CAD

Manufacturing PMI

Monitor

Fri Sep 1

10:00 a.m.

USD

ISM Manufacturing PMI

Monitor

Fri Sep 1

10:00 a.m.

USD

ISM Manufacturing Prices

 

 

 

 

 

NA

Sat Sep 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


27th​​ Aug 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

140

959

Suggested

Best Pairs

2

GBPUSD

95

952

3

GBPAUD

143

918

4

GBPNZD

144

853

5

EURAUD

132

849

6

CHFJPY

124

849

7

USDJPY

116

794

8

EURNZD

133

785

9

EURJPY

115

785

10

GBPCAD

105

772

11

GBPCHF

62

703

Less stressful?​​ 

12

EURUSD

69

692

Possibly less​​ profitable

13

AUDUSD

68

684

but possibly easier​​ 

14

USDCHF

60

683

to trade.

15

AUDJPY

92

625

 

 

16

CADJPY

87

597

 

17

EURCAD

80

590

 

 

18

NZDUSD

58

583

 

19

EURGBP

43

539

​​ 

20

NZDJPY

78

533

​​ 

21

USDCAD

72

528

​​ 

22

AUDCHF

45

512

Poorer performers:

23

EURCHF

43

484

Much less volatility &

24

CADCHF

40

452

likely less profit from

25

AUDCAD

61

450

these pairs based on

26

NZDCHF

39

440

their past performance

27

NZDCAD

53

389

 

28

AUDNZD

44

262

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News Events to​​ help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon 21

Tues 22

Wed 23

Thur 24

Fri 25

 

 

1st Choices

EURAUD or EURNZD

USDJPY or GBPJPY

USDJPY or GBPJPY

GBPUSD or USDJPY

GBPUSD or USDJPY

EURJPY or GBPJPY

GBPUSD or GBPAUD

GBPUSD or GBPAUD

GBPCAD or GBPJPY

GBPCAD or GBPAUD

 

2nd Choices

GBPUSD or GBPAUD

GBPNZD or EURAUD

GBPNZD or EURAUD

GBPAUD or GBPNZD

GBPNZD or CHFJPY

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider monitoring/trading these ones instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • GBPCHF

  • EURUSD

  • AUDUSD

  • USDCHF

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 

Long Term place holder


Longer Term Issues​​ 

 
27th​​ Aug 2023


Last modified:  ​​​​ ​​ China/Evergrande 20th​​ August​​ 2023​​ –​​ 
(China – possible deflation, Bankruptcy Evergrande)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

  ​​ 

All Countries–​​ Inflation ​​ ​​ (Added:  30th April 2023)
–​​ Closely monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 & 2021))
           ​​ Beware – this​​ conflict has escalated



China – possible deflation setting up  ​​ ​​ ​​​​ –​​ (Added:  13th Aug 2023)
 ​​ ​​​​ Monitor ​​ - impact on trading partners​​ - esp Aus & NZ

 ​​ ​​​​  ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/news/1235581-china-new-loans-plunge-to-2009-low-in?&highlight=china

 

USSR Leadership issues ​​ – Monitor (Added:  1st​​ July 2023)
           ​​ 

Silicon Valley Bank collapse​​ + contagion?​​  ​​ ​​ ​​​​ (Updated 18 March 2023, Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
 ​​ ​​ ​​ ​​ ​​ ​​​​ SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business changes/closures as lockdowns start to expire.

 

US​​ vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: ​​ 19 Aug 2023 ​​ & 26 Aug 21)
– Evergrande has filed for bankruptcy in the US

 ​​ ​​ ​​ ​​​​ https://www.reuters.com/legal/china-evergrande-files-chapter-15-bankruptcy-us-court-filing-2023-08-17/
– Monitor as it could impact​​ China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict​​ Escalation & Possible Nuclear Arsenal (Update: 22 Aug 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term​​ Impact

 

 

 

US Dollar losing primacy as Reserve Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

 

 

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 20th August 2023

 

 

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

 

 

20th​​ Aug 2023

 


Market Open Times​​ (NY Time): 
Tokyo 8pm  –  Frankfurt 2am ​​ – ​​ London 3am ​​ – ​​ US 8am
Be careful when ​​ Daylight ​​ Saving Changes are in play

 

All Times are in New York Times

 

Impact

Date

Time

Currency

News Event

 

 

 

 

 

Row @ 0.58  ​​ ​​​​ Cell= Middle

 

All TFs

Sun Aug 20

6:45 p.m.

NZD

Trade Balance

 

 

 

 

 

 

 

Monitor

Mon Aug 21

Tentative

EUR

German Buba Monthly Report

 

 

 

 

 

 

 

Monitor

Tue Aug 22

1:00 a.m.

JPY

BOJ Core CPI y/y

 

All​​ TFs

Tue Aug 22

2:00 a.m.

CHF

Trade Balance

 

All TFs

Tue Aug 22

4:00 a.m.

EUR

Current Account

 

Monitor

Tue Aug 22

10:00 a.m.

USD

Existing Home Sales

 

Under H4

Tue Aug 22

6:45 p.m.

NZD

Retail Sales q/q

 

Under H4

Tue Aug 22

6:45 p.m.

NZD

Core Retail​​ Sales q/q

 

 

 

 

 

 

 

Monitor

Wed Aug 23

4:00 a.m.

EUR

Flash Manufacturing PMI

 

Monitor

Wed Aug 23

4:00 a.m.

EUR

Flash Services PMI

 

Monitor

Wed Aug 23

Tentative

EUR

EU Economic Forecasts

 

Under H4

Wed Aug 23

8:30 a.m.

CAD

Core Retail Sales m/m

 

Under H4

Wed Aug 23

8:30 a.m.

CAD

Retail Sales m/m

 

Monitor

Wed Aug 23

9:45 a.m.

USD

Flash Manufacturing PMI

 

Monitor

Wed Aug 23

9:45 a.m.

USD

Flash Services PMI

 

Monitor

Wed Aug 23

10:00 a.m.

USD

New Home Sales

 

Monitor

Wed Aug 23

10:30 a.m.

USD

Crude Oil Inventories

 

 

 

 

 

 

 

Monitor

Thu Aug 24

8:30 a.m.

USD

Unemployment Claims

 

Under H4

Thu Aug 24

8:30 a.m.

USD

Core Durable Goods Orders m/m

 

Under H4

Thu Aug 24

8:30 a.m.

USD

Durable Goods Orders m/m

 

Monitor

Thu Aug 24

10:30 a.m.

USD

Natural Gas Storage

 

Monitor

Thu Aug 24

Day 1

All

Jackson Hole Symposium

 

Monitor

Thu Aug 24

7:30 p.m.

JPY

Tokyo Core CPI y/y

 

 

 

 

 

 

 

Monitor

Fri Aug 25

4:00 a.m.

EUR

German ifo Business Climate

 

Monitor

Fri Aug 25

Day 2

All

Jackson Hole​​ Symposium

 

Monitor

Fri Aug 25

7:01 p.m.

GBP

GfK Consumer Confidence

 

 

 

 

 

 

 

Monitor

Sat Aug 26

Day 3

All

Jackson Hole Symposium

 

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


20th​​ Aug 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

167

1151

Suggested

Best Pairs

2

EURJPY

145

995

3

CHFJPY

145

994

4

GBPUSD

99

986

5

GBPAUD

154

984

6

GBPNZD

159

940

7

EURAUD

146

933

8

USDJPY

136

932

9

EURNZD

144

856

10

GBPCAD

114

844

11

AUDJPY

111

766

Less stressful?​​ 

12

EURUSD

76

762

Possibly less​​ profitable

13

USDCHF

66

754

but possibly easier​​ 

14

GBPCHF

66

744

to trade.

15

AUDUSD

73

727

 

 

16

CADJPY

105

722

 

17

EURCAD

93

684

 

 

18

NZDJPY

94

644

 

19

NZDUSD

61

610

​​ 

20

EURGBP

44

560

​​ 

21

AUDCHF

49

552

​​ 

22

CADCHF

47

529

Poorer performers:

23

EURCHF

47

528

Much less volatility &

24

USDCAD

71

522

likely less profit from

25

AUDCAD

69

506

these pairs based on

26

NZDCHF

43

487

their past performance

27

NZDCAD

58

425

 

28

AUDNZD

52

311

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News​​ Events to help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon​​ 21

Tues​​ 22

Wed​​ 23

Thur​​ 24

Fri​​ 25

 

 

1st Choices

GBPNZD or EURNZD

EURJPY or CHFJPY

GBPNZD or EURNZD

GBPUSD or​​ USDJPY

GBPJPY or EURJPY

GBPJPY or EURJPY​​ 

EURAUD or EURNZD

GBPCAD or GBPJPY

GBPJPY or EURJPY

CHFJPY or GBPUSD

 

2nd Choices

CHFJPY or GBPUSD

GBPJPY or GBPUSD

EURJPY or CHFJPY

CHFJPY or GBPAUD

GBPAUD or GBPNZD

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider monitoring/trading these ones instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • AUDJPY

  • EURUSD

  • USDCHF

  • GBPCHF

  • AUDUSD

  • CADJPY

  • EURCAD

  • NZDJPY

  • NZDUSD

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
20th​​ Aug 2023


Last modified:  ​​​​ ​​ China/Evergrande 20th​​ August​​ 2023​​ –​​ 
(China – possible deflation, Bankruptcy Evergrande)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

  ​​​​ 

All Countries–​​ Inflation ​​ ​​ (Added:  30th​​ April 2023)
–​​ Closely monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 &​​ 2021))
           ​​ Beware – this​​ conflict has escalated



China – possible deflation setting up  ​​ ​​ ​​​​ –​​ (Added:  13th Aug 2023)
 ​​ ​​​​ Monitor ​​ - impact on trading partners​​ - esp Aus & NZ

 ​​ ​​​​  ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/news/1235581-china-new-loans-plunge-to-2009-low-in?&highlight=china

 

USSR Leadership issues ​​ – Monitor (Added:  1st​​ July 2023)
           ​​ 

Silicon Valley Bank collapse​​ + contagion?​​  ​​ ​​ ​​​​ (Updated 18 March 2023, Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
 ​​ ​​ ​​ ​​ ​​ ​​​​ SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business changes/closures as lockdowns start to expire.

 

US vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: ​​ 19 Aug 2023 ​​ & 26 Aug 21)
– Evergrande has filed for bankruptcy in the US

 ​​ ​​ ​​ ​​​​ https://www.reuters.com/legal/china-evergrande-files-chapter-15-bankruptcy-us-court-filing-2023-08-17/
– Monitor as it could impact China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict Escalation & Possible Nuclear Arsenal (Update: 22 Aug​​ 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term Impact

 

 

 

US Dollar losing primacy as Reserve​​ Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

 

 

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 13th August 2023

 

 

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

 

 

13th​​ Aug 2023

 


Market Open Times​​ (NY Time): 
Tokyo 8pm  –  Frankfurt 2am ​​ – ​​ London 3am ​​ – ​​ US 8am
Be careful when ​​ Daylight ​​ Saving Changes are in play

 

All Times are in New York Times

 

Impact

Date

Time

Currency

News Event

 

 

 

 

 

Row @ 0.58  ​​ ​​​​ Cell= Middle

 

N A​​ 

Sun Aug 13

 

 

 

 

 

 

 

 

 

 

Monitor

Mon Aug 14

7:50 p.m.

JPY

Prelim GDP Price Index y/y

 

Monitor

Mon Aug 14

7:50 p.m.

JPY

Prelim GDP q/q

 

Monitor

Mon Aug 14

9:30 p.m.

AUD

Monetary Policy Meeting Minutes

 

 

 

 

 

 

 

Monitor

Tue Aug 15

2:00 a.m.

GBP

Average Earnings Index 3m/y

 

Monitor

Tue Aug 15

2:30 a.m.

CHF

PPI m/m

 

Holiday

Tue Aug 15

All Day

EUR

French Bank Holiday

 

Holiday

Tue Aug 15

All Day

EUR

Italian Bank​​ Holiday

 

Under H4

Tue Aug 15

5:00 a.m.

EUR

German ZEW Economic Sentiment

 

Under H4

Tue Aug 15

5:00 a.m.

EUR

ZEW Economic Sentiment

 

Monitor

Tue Aug 15

Tentative

EUR

EU Economic Forecasts

 

All TFs

Tue Aug 15

8:30 a.m.

CAD

CPI m/m

 

All TFs

Tue Aug 15

8:30 a.m.

CAD

Core CPI m/m

 

Under H4

Tue Aug 15

8:30 a.m.

CAD

Manufacturing Sales m/m

 

Under H4

Tue Aug 15

8:30 a.m.

USD

Core Retail Sales m/m

 

Under H4

Tue Aug 15

8:30 a.m.

USD

Retail Sales m/m

 

All TFs

Tue Aug 15

Tentative

NZD

GDT Price Index

 

Monitor

Tue Aug 15

8:30 p.m.

AUD

MI Leading Index m/m

 

Hi Impact

Tue Aug 15

10:00 p.m.

NZD

Official Cash Rate

 

Hi Impact

Tue Aug 15

10:00 p.m.

NZD

RBNZ Monetary Policy Statement

 

Hi Impact

Tue Aug 15

10:00 p.m.

NZD

RBNZ Rate Statement

 

Hi Impact

Tue​​ Aug 15

11:00 p.m.

NZD

RBNZ Press Conference

 

 

 

 

 

 

 

Monitor

Wed Aug 16

2:00 a.m.

GBP

CPI y/y

 

Monitor

Wed Aug 16

2:00 a.m.

GBP

Core CPI y/y

 

All TFs

Wed Aug 16

5:00 a.m.

EUR

Flash GDP q/q

 

Under H4

Wed Aug 16

5:00 a.m.

EUR

Industrial​​ Production m/m

 

Monitor

Wed Aug 16

Tentative

EUR

German 30-y Bond Auction

 

Monitor

Wed Aug 16

8:15 a.m.

CAD

Housing Starts

 

Under H4

Wed Aug 16

8:30 a.m.

CAD

Wholesale Sales m/m

 

Monitor

Wed Aug 16

8:30 a.m.

USD

Housing Starts

 

Under H4

Wed Aug 16

9:15 a.m.

USD

Industrial Production m/m

 

Monitor

Wed Aug 16

10:30 a.m.

USD

Crude Oil Inventories

 

Monitor

Wed Aug 16

2:00 p.m.

USD

FOMC Meeting Minutes

 

All TFs

Wed Aug 16

7:50 p.m.

JPY

Trade Balance

 

Under H4

Wed Aug 16

9:30 p.m.

AUD

Employment Change

 

Under H4

Wed Aug 16

9:30 p.m.

AUD

Unemployment Rate

 

Monitor

Wed Aug 16

Tentative

NZD

RBNZ Statement of Intent

 

 

 

 

 

 

 

All TFs

Thu Aug 17

5:00 a.m.

EUR

Trade Balance

 

Monitor

Thu Aug 17

8:30 a.m.

USD

Unemployment Claims

 

Under H4

Thu Aug 17

8:30 a.m.

USD

Philly Fed Manufacturing Index

 

Monitor

Thu Aug 17

10:30 a.m.

USD

Natural Gas Storage

 

Monitor

Thu Aug 17

7:01 p.m.

GBP

GfK Consumer Confidence

 

Monitor

Thu Aug 17

7:30 p.m.

JPY

National Core CPI y/y

 

 

 

 

 

 

 

Under H4

Fri Aug​​ 18

2:00 a.m.

GBP

Retail Sales m/m

 

Monitor

Fri Aug 18

5:00 a.m.

EUR

Final Core CPI y/y

 

Monitor

Fri Aug 18

5:00 a.m.

EUR

Final CPI y/y

 

 

 

 

 

 

 

N.A.

Sat Aug 19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


13th​​ Aug 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

179

1234

Suggested

Best Pairs

2

EURJPY

161

1112

3

CHFJPY

160

1104

4

GBPUSD

105

1048

5

USDJPY

150

1038

6

GBPNZD

173

1033

7

GBPAUD

157

1021

8

EURAUD

146

946

9

GBPCAD

127

942

10

EURNZD

154

924

11

GBPCHF

73

835

Less stressful?​​ 

12

CADJPY

120

825

Possibly less​​ profitable

13

AUDJPY

114

785

but possibly easier​​ 

14

USDCHF

68

780

to trade.

15

EURUSD

77

767

 

 

16

EURCAD

100

744

 

17

AUDUSD

72

721

 

 

18

NZDJPY

100

691

 

19

NZDUSD

67

672

​​ 

20

EURGBP

47

594

​​ 

21

AUDCHF

51

585

​​ 

22

CADCHF

50

570

Poorer performers:

23

USDCAD

74

547

Much less volatility &

24

EURCHF

48

542

likely less profit from

25

NZDCHF

47

540

these pairs based on

26

AUDCAD

71

529

their past performance

27

NZDCAD

68

503

 

28

AUDNZD

61

365

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News​​ Events to help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon​​ 14

Tues​​ 15

Wed​​ 16

Thur​​ 17

Fri 18

 

 

1st Choices

GBPJPY or EURJPY

EURJPY or GBPUSD

EURNZD or GBPNZD

EURJPY, USDJPY or EURAUD

GBPJPY or GBPUSD

CHFJPY or GBPUSD

USDJPY or EURAUD

EURJPY or GBPUSD

GBPJPY or CHFJPY

GBPNZD or GBPAUD

 

2nd Choices

USDJPY or GBPNZD

GBPCAD or EURNZD

USDJPY or GBPCAD

GBPUSD, GBPAUD or EURNZD

GBPCAD or EURJPY

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider​​ monitoring/trading these ones instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers​​ allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • GBPCHF

  • CADJPY

  • AUDJPY

  • USDCHF

  • EURUSD

  • EURCAD

  • AUDUSD

  • NZDJPY

  • NZDUSD

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
13th​​ Aug 2023


Last modified:  ​​​​ ​​ 13th​​ August​​ 2023​​ –​​ (China – possible deflation)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

 

All Countries– Inflation ​​ ​​ (Added:  30th​​ April 2023)
–​​ Closely monitor the​​ Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

 

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 (from Feb 2021))
           ​​ Beware – this conflict has escalated

 

 

USSR Leadership issues ​​ –​​ Monitor (Added:  1st​​ July 2023)

           ​​ 

Silicon Valley Bank collapse​​ + contagion?
 ​​ ​​ ​​ ​​ ​​​​ (Updated 18 March 2023,​​ Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
SVB, Silvergate, Signature, Credit​​ Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business changes/closures as​​ lockdowns start to expire.

 

US vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: 26 Aug 21)
– Monitor as it could impact China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict Escalation & Possible Nuclear Arsenal (Update: 22 Aug​​ 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term Impact

 

 

 

US Dollar losing primacy as Reserve​​ Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641


China – possible deflation setting up  ​​ ​​ ​​​​ – (Added:  13th​​ Aug 2023)
 ​​ ​​​​ Monitor ​​ - impact​​ on​​ trading partners​​ - esp Aus & NZ

 ​​ ​​​​  ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/news/1235581-china-new-loans-plunge-to-2009-low-in?&highlight=china

 

 

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 6th August 2023

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

6th​​ Aug 2023


Market Open Times​​ (NY Time): 
Tokyo 8pm  –  Frankfurt 2am ​​ – ​​ London 3am ​​ – ​​ US 8am
Be careful when ​​ Daylight ​​ Saving Changes are in play

All Times are in New York Times

Impact

Date

Time

Currency

News Event

 

 

 

 

 

Holiday

Sun Aug 6

All Day

AUD

Bank Holiday

Monitor

Sun Aug 6

7:50 p.m.

JPY

BOJ Summary of Opinions

 

 

 

 

 

Under H4

Mon Aug 7

2:00 a.m.

GBP

Halifax HPI m/m

Holiday

Mon Aug 7

All Day

CAD

Bank Holiday

All TFs

Mon Aug 7

7:50 p.m.

JPY

Current Account

Monitor

Mon Aug 7

9:30 p.m.

AUD

NAB Business Confidence

Monitor

Mon Aug 7

Tentative

CNY

Trade Balance

Monitor

Mon Aug 7

Tentative

CNY

USD-Denominated Trade Balance

Monitor

Mon Aug 7

11:35 p.m.

JPY

30-y Bond Auction

 

 

 

 

 

Monitor

Tue Aug 8

1:00 a.m.

JPY

Economy Watchers Sentiment

Monitor

Tue Aug 8

2:00 a.m.

EUR

German Final CPI m/m

All TFs

Tue Aug 8

8:30 a.m.

CAD

Trade Balance

All TFs

Tue Aug 8

8:30 a.m.

USD

Trade Balance

Monitor

Tue Aug 8

9:30 p.m.

CNY

CPI y/y

Monitor

Tue Aug 8

9:30 p.m.

CNY

PPI y/y

Monitor

Tue Aug 8

11:00 p.m.

NZD

Inflation Expectations q/q

 

 

 

 

 

Monitor

Wed Aug 9

Tentative

GBP

10-y Bond Auction

Monitor

Wed Aug 9

Tentative

EUR

German 10-y Bond Auction

Monitor

Wed Aug 9

10:30 a.m.

USD

Crude Oil Inventories

Monitor

Wed Aug 9

1:01 p.m.

USD

10-y Bond Auction

Monitor

Wed Aug 9

9:00 p.m.

AUD

MI Inflation Expectations

 

 

 

 

 

Monitor

Thu Aug 10

4:00 a.m.

EUR

ECB Economic Bulletin

Monitor

Thu Aug 10

10th-15th

CNY

New Loans

Monitor

Thu Aug 10

10th-15th

CNY

M2 Money Supply y/y

All TFs

Thu Aug 10

8:30 a.m.

USD

CPI m/m

All TFs

Thu Aug 10

8:30 a.m.

USD

Core CPI m/m

Monitor

Thu Aug 10

8:30 a.m.

USD

Unemployment Claims

Monitor

Thu Aug 10

10:30 a.m.

USD

Natural Gas Storage

Monitor

Thu Aug 10

1:01 p.m.

USD

30-y Bond Auction

Monitor

Thu Aug 10

2:00 p.m.

USD

Federal Budget Balance

Holiday

Thu Aug 10

All Day

JPY

Bank Holiday

 

 

 

 

 

All TFs

Fri Aug 11

2:00 a.m.

GBP

GDP m/m

All TFs

Fri Aug 11

2:00 a.m.

GBP

Prelim GDP q/q

Under H4

Fri Aug 11

2:00 a.m.

GBP

Industrial Production m/m

Under H4

Fri Aug 11

2:00 a.m.

GBP

Manufacturing Production m/m

Monitor

Fri Aug 11

8:30 a.m.

USD

Core PPI m/m

Monitor

Fri Aug 11

8:30 a.m.

USD

PPI m/m

Monitor

Fri Aug 11

Tentative

GBP

NIESR GDP Estimate

Under H4

Fri Aug 11

10:00 a.m.

USD

Prelim UoM Consumer Sentiment

Under H4

Fri Aug 11

10:00 a.m.

USD

Prelim UoM Inflation Expectations

 

 

 

 

 

N.A.

Sat Aug 12

 

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


6th​​ Aug​​ 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

194

1368

Suggested

Best Pairs

2

EURJPY

168

1185

3

USDJPY

166

1174

4

CHFJPY

166

1168

5

GBPNZD

184

1122

6

GBPAUD

168

1104

7

GBPUSD

107

1066

8

GBPCAD

136

1013

9

EURAUD

152

1000

10

EURNZD

157

955

11

GBPCHF

80

918

Less stressful?​​ 

12

CADJPY

126

889

Possibly less​​ profitable

13

AUDJPY

123

866

but possibly easier​​ 

14

USDCHF

75

855

to trade.

15

EURCAD

107

803

 

 

16

EURUSD

79

794

 

17

NZDJPY

109

770

 

 

18

AUDUSD

76

762

 

19

NZDUSD

71

706

​​ 

20

AUDCHF

54

619

​​ 

21

EURGBP

48

618

​​ 

22

CADCHF

53

613

Poorer performers:

23

EURCHF

52

599

Much less volatility &

24

AUDCAD

78

579

likely less profit from

25

USDCAD

77

572

these pairs based on

26

NZDCHF

50

572

their past performance

27

NZDCAD

76

568

 

28

AUDNZD

65

394

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News​​ Events to help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon​​ 07

Tues​​ 08

Wed 09

Thur​​ 10

Fri​​ 11

 

 

1st​​ Choices

GBPJPY or GBPNZD

USDJPY or​​ GBPJPY

GBPJPY or EURJPY

USDJPY or GBPUSD

GBPUSD or GBPJPY

GBPAUD or GBPUSD

EURJPY or​​ CHFJPY

USDJPY or CHFJPY

GBPJPY or EURJPY

USDJPY or GBPNZD​​ 

 

2nd Choices

GBPCAD or EURJPY

GBPUSD or GBPCAD

GBPNZD or GBPAUD

CHFJPY or GBPNZD

GBPAUD or GBPCAD

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider​​ monitoring/trading these ones instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some​​ brokers allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • GBPCHF

  • CADJPY

  • AUDJPY

  • USDCHF

  • EURCAD

  • EURUSD

  • NZDJPY

  • AUDUSD

  • NZDUSD

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
6th​​ Aug​​ 2023


Last modified:  ​​​​ ​​ 16th​​ July 2023​​ –​​ (Russian Rouble added)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

 

All Countries– Inflation ​​ ​​ (Added:  30th​​ April 2023)
–​​ Closely​​ monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

 

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 (from Feb 2021))
           ​​ Beware – this conflict has escalated

 

 

USSR Leadership​​ issues ​​ – Monitor (Added:  1st​​ July 2023)

           ​​ 

Silicon Valley Bank collapse​​ + contagion?
 ​​ ​​ ​​ ​​ ​​​​ (Updated 18 March 2023,​​ Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business​​ changes/closures as lockdowns start to expire.

 

US vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: 26 Aug 21)
– Monitor as it could impact China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict Escalation & Possible Nuclear Arsenal (Update: 22 Aug​​ 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term Impact

 

 

 

US Dollar losing primacy as Reserve​​ Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 30th July 2023

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

30th​​ July 2023


Market Open Times​​ (NY Time): 
Tokyo 8pm  –  Frankfurt 2am ​​ – ​​ London 3am ​​ – ​​ US 8am
Be careful when ​​ Daylight ​​ Saving Changes are in play

All Times are in New York Times

Impact

Date

Time

Currency

News Event

 

 

 

 

 

Monitor

Sun Jul 30

9:00 p.m.

AUD

MI Inflation Gauge m/m

Monitor

Sun Jul 30

9:00 p.m.

NZD

ANZ Business Confidence

Monitor

Sun Jul 30

9:30 p.m.

CNY

Manufacturing PMI

Monitor

Sun Jul 30

9:30 p.m.

CNY

Non-Manufacturing PMI

 

 

 

 

 

Monitor

Mon Jul 31

1:00 a.m.

JPY

Consumer Confidence

Monitor

Mon Jul 31

5:00 a.m.

EUR

CPI Flash Estimate y/y

Monitor

Mon Jul 31

5:00 a.m.

EUR

Core CPI Flash Estimate y/y

Monitor

Mon Jul 31

5:00 a.m.

EUR

Prelim Flash GDP​​ q/q

Monitor

Mon Jul 31

Tentative

EUR

EU Economic Forecasts

Under H4

Mon Jul 31

9:45 a.m.

USD

Chicago PMI

Monitor

Mon Jul 31

9:45 p.m.

CNY

Caixin Manufacturing PMI

Monitor

Mon Jul 31

11:35 p.m.

JPY

10-y Bond Auction

 

 

 

 

 

Hi Impact

Tue Aug 1

12:30​​ a.m.

AUD

Cash Rate

Hi Impact

Tue Aug 1

12:30 a.m.

AUD

RBA Rate Statement

Holiday

Tue Aug 1

All Day

CHF

Bank Holiday

Under H4

Tue Aug 1

2:00 a.m.

GBP

Nationwide HPI m/m

Monitor

Tue Aug 1

2:30 a.m.

AUD

Commodity Prices y/y

Monitor

Tue Aug 1

5:00​​ a.m.

EUR

Unemployment Rate

Under H4

Tue Aug 1

9:30 a.m.

CAD

Manufacturing PMI

Monitor

Tue Aug 1

10:00 a.m.

USD

ISM Manufacturing PMI

Monitor

Tue Aug 1

10:00 a.m.

USD

ISM Manufacturing Prices

All TFs

Tue Aug 1

Tentative

NZD

GDT Price Index

Monitor

Tue Aug 1

6:45 p.m.

NZD

Employment Change q/q

Monitor

Tue Aug 1

6:45 p.m.

NZD

Unemployment Rate

Monitor

Tue Aug 1

7:50 p.m.

JPY

Monetary Policy Meeting Minutes

 

 

 

 

 

Under H4

Wed Aug 2

8:15 a.m.

USD

ADP Non-Farm Employment Change

Monitor

Wed​​ Aug 2

10:30 a.m.

USD

Crude Oil Inventories

All TFs

Wed Aug 2

9:30 p.m.

AUD

Trade Balance

Monitor

Wed Aug 2

9:45 p.m.

CNY

Caixin Services PMI

 

 

 

 

 

All TFs

Thu Aug 3

2:30 a.m.

CHF

CPI m/m

Monitor

Thu Aug 3

Tentative

EUR

Spanish 10-y Bond Auction

Monitor

Thu Aug 3

Tentative

All

OPEC-JMMC Meetings

Monitor

Thu Aug 3

Tentative

EUR

French 10-y Bond Auction

Hi Impact

Thu Aug 3

7:00 a.m.

GBP

BOE Monetary Policy Report

Hi Impact

Thu Aug 3

7:00 a.m.

GBP

MPC Official Bank Rate Votes

Hi Impact

Thu Aug 3

7:00 a.m.

GBP

Monetary Policy Summary

Hi Impact

Thu Aug 3

7:00 a.m.

GBP

Official Bank Rate

Monitor

Thu Aug 3

8:30 a.m.

USD

Unemployment Claims

Monitor

Thu Aug 3

10:00 a.m.

USD

ISM Services PMI

Monitor

Thu Aug 3

10:30 a.m.

USD

Natural Gas​​ Storage

Monitor

Thu Aug 3

9:30 p.m.

AUD

RBA Monetary Policy Statement

 

 

 

 

 

Under H4

Fri Aug 4

4:30 a.m.

GBP

Construction PMI

Under H4

Fri Aug 4

8:30 a.m.

CAD

Employment Change

Under H4

Fri Aug 4

8:30 a.m.

CAD

Unemployment Rate

Hi Impact

Fri Aug 4

8:30 a.m.

USD

Average Hourly Earnings m/m

Hi Impact

Fri Aug 4

8:30 a.m.

USD

Non-Farm Employment Change

Hi Impact

Fri Aug 4

8:30 a.m.

USD

Unemployment Rate

Hi Impact

Fri Aug 4

8:32 a.m.

USD

NFP Revision

 

 

 

 

 

N.A.

Sat Aug 5

 

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


30th​​ July 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

181

1281

Suggested

Best Pairs

2

EURJPY

160

1133

3

GBPNZD

180

1110

4

USDJPY

154

1091

5

GBPAUD

161

1073

6

CHFJPY

151

1070

7

GBPUSD

103

1027

8

GBPCAD

128

969

9

EURAUD

143

951

10

EURNZD

153

944

11

GBPCHF

72

825

Less stressful?​​ 

12

CADJPY

114

811

Possibly less​​ profitable

13

USDCHF

70

806

but possibly easier​​ 

14

EURCAD

103

778

to trade.

15

EURUSD

78

777

 

 

16

AUDJPY

109

773

 

17

AUDUSD

72

717

 

 

18

NZDJPY

99

704

 

19

NZDUSD

69

693

​​ 

20

AUDCHF

51

591

​​ 

21

CADCHF

51

586

​​ 

22

NZDCAD

76

577

Poorer performers:

23

EURGBP

45

575

Much less volatility &

24

NZDCHF

49

568

likely less profit from

25

USDCAD

74

561

these pairs based on

26

AUDCAD

73

553

their past performance

27

EURCHF

46

532

 

28

AUDNZD

62

384

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News​​ Events to help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon​​ 31

Tues​​ 1st​​ Aug

Wed​​ 02

Thur​​ 03

Fri​​ 04

 

 

1st Choices

USDJPY or GBPUSD

GBPAUD or EURAUD

GBPNZD or USDJPY

GBPAUD or GBPNZD

GBPUSD or USDJPY

GBPJPY or EURJPY

GBPCAD or GBPJPY

GBPUSD or EURNZD

GBPUSD or GBPCAD

GBPCAD or GBPJPY

 

2nd Choices

GBPNZD or GBPAUD

GBPNZD, EURNZD or GBPUSD

GBPJPY or EURJPY

GBPJPY or EURAUD

GBPAUD or GBPNZD

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider monitoring/trading these ones​​ instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers allow trading the Indices by​​ CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • GBPCHF

  • CADJPY

  • USDCHF

  • EURCAD

  • EURUSD

  • AUDJPY

  • AUDUSD

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
30th​​ July 2023


Last modified:  ​​​​ ​​ 16th​​ July 2023​​ –​​ (Russian Rouble added)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

 

All Countries– Inflation ​​ ​​ (Added:  30th​​ April 2023)
–​​ Closely​​ monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

 

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 (from Feb 2021))
           ​​ Beware – this conflict has escalated

 

 

USSR Leadership​​ issues ​​ – Monitor (Added:  1st​​ July 2023)

           ​​ 

Silicon Valley Bank collapse​​ + contagion?
 ​​ ​​ ​​ ​​ ​​​​ (Updated 18 March 2023,​​ Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business​​ changes/closures as lockdowns start to expire.

 

US vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: 26 Aug 21)
– Monitor as it could impact China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict Escalation & Possible Nuclear Arsenal (Update: 22 Aug​​ 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term Impact

 

 

 

US Dollar losing primacy as Reserve​​ Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 23rd July 2023

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

23rd​​ July 2023


Market Open Times​​ (NY Time): 
US 8am ​​ –  Tokyo ?pm  –  Frankfurt 2am ​​ – ​​ London 3am
Be careful when ​​ Daylight ​​ Saving Changes are in play

All Times are in New York Times

Impact

Date

Time

Currency

News Event

 

 

 

 

 

All TFs

Sun Jul 23

6:45 p.m.

NZD

Trade Balance

 

 

 

 

 

Monitor

Mon Jul 24

4:00 a.m.

EUR

Flash Manufacturing PMI

Monitor

Mon Jul 24

4:00 a.m.

EUR

Flash Services PMI

Monitor

Mon Jul 24

Tentative

EUR

EU Economic Forecasts

Monitor

Mon Jul 24

9:45 a.m.

USD

Flash Manufacturing PMI

Monitor

Mon Jul 24

9:45 a.m.

USD

Flash Services PMI

 

 

 

 

 

Monitor

Tue Jul 25

1:00 a.m.

JPY

BOJ Core CPI y/y

Monitor

Tue Jul 25

4:00 a.m.

EUR

German ifo Business Climate

All TFs

Tue Jul 25

10:00 a.m.

USD

CB Consumer Confidence

All TFs

Tue Jul 25

9:30 p.m.

AUD

CPI q/q

All TFs

Tue Jul 25

9:30 p.m.

AUD

Trimmed Mean CPI q/q

 

 

 

 

 

Monitor

Wed Jul 26

4:00 a.m.

CHF

Credit Suisse Economic Expectations

All TFs

Wed Jul 26

4:00 a.m.

EUR

M3 Money Supply y/y

Monitor

Wed Jul 26

10:00 a.m.

USD

New Home Sales

Monitor

Wed Jul 26

10:30 a.m.

USD

Crude Oil Inventories

Monitor

Wed Jul 26

1:30 p.m.

CAD

BOC Summary of Deliberations

Hi Impact

Wed Jul 26

2:00 p.m.

USD

FOMC Statement

Hi Impact

Wed Jul 26

2:00 p.m.

USD

Federal Funds Rate

Hi Impact

Wed Jul 26

2:30 p.m.

USD

FOMC Press Conference

 

 

 

 

 

Monitor

Thu Jul 27

2:00 a.m.

EUR

German GfK Consumer Climate

Monitor

Thu Jul 27

Tentative

EUR

Italian 10-y Bond Auction

Hi Impact

Thu Jul 27

8:15 a.m.

EUR

Main Refinancing Rate

Hi Impact

Thu Jul 27

8:15 a.m.

EUR

Monetary Policy Statement

All TFs

Thu Jul 27

8:30 a.m.

USD

Advance GDP q/q

Monitor

Thu Jul 27

8:30 a.m.

USD

Unemployment Claims

All TFs

Thu Jul 27

8:30 a.m.

USD

Advance GDP Price Index q/q

Under H4

Thu Jul 27

8:30 a.m.

USD

Core Durable Goods Orders m/m

Under H4

Thu Jul 27

8:30 a.m.

USD

Durable Goods Orders m/m

Hi Impact

Thu Jul 27

8:45 a.m.

EUR

ECB Press Conference

Monitor

Thu Jul 27

10:30 a.m.

USD

Natural Gas Storage

Monitor

Thu Jul 27

7:30 p.m.

JPY

Tokyo Core CPI y/y

Monitor

Thu Jul 27

9:30 p.m.

AUD

Retail Sales m/m

Hi Impact

Thu Jul 27

Tentative

JPY

BOJ Outlook Report

Hi Impact

Thu Jul 27

Tentative

JPY

Monetary Policy Statement

Hi Impact

Thu Jul 27

Tentative

JPY

BOJ Policy Rate

 

 

 

 

 

Monitor

Fri Jul 28

All Day

EUR

German Prelim CPI m/m

Hi Impact

Fri Jul 28

Tentative

JPY

BOJ Press Conference

Monitor

Fri Jul 28

3:00 a.m.

CHF

KOF Economic Barometer

All TFs

Fri Jul 28

8:30 a.m.

CAD

GDP m/m

All TFs

Fri Jul 28

8:30 a.m.

USD

Core PCE Price Index m/m

 

 

 

 

 

N.A.

Sat Jul 29

 

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


23rd​​ July 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

147

1035

Suggested

Best Pairs

2

GBPNZD

159

982

3

GBPAUD

143

960

4

GBPUSD

94

944

5

USDJPY

121

855

6

CHFJPY

121

854

7

EURNZD

136

842

8

EURAUD

123

827

9

EURJPY

116

818

10

GBPCHF

70

806

11

GBPCAD

106

805

Less stressful?​​ 

12

USDCHF

66

768

Possibly less​​ profitable

13

EURCAD

91

691

but possibly easier​​ 

14

EURUSD

69

689

to trade.

15

CADJPY

96

679

 

 

16

AUDJPY

95

668

 

17

AUDUSD

66

661

 

 

18

NZDUSD

65

646

 

19

NZDJPY

87

611

​​ 

20

EURGBP

44

570

​​ 

21

AUDCHF

49

565

​​ 

22

USDCAD

74

558

Poorer performers:

23

CADCHF

48

555

Much less volatility &

24

NZDCAD

70

531

likely less profit from

25

NZDCHF

46

528

these pairs based on

26

AUDCAD

66

496

their past performance

27

EURCHF

42

489

 

28

AUDNZD

62

385

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News Events to​​ help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon​​ 24

Tues​​ 25

Wed​​ 26

Thur 27

Fri 28

 

 

1st Choices

GBPJPY or GBPNZD

GBPUSD or USDJPY

GBPUSD or USDJPY

EURNZD, ​​ EURAUD or​​ EURJPY

USDJPY or CHFJPY

GBPAUD or GBPUSD

GBPJPY or GBPNZD

GBPAUD or EURNZD

GBPUSD or USDJPY

EURJPY or GBPJPY

 

2nd Choices

USDJPY or CHFJPY

GBPAUD or CHFJPY

EURAUD or EURJPY

GBPJPY or GBPNZD

GBPUSD, GBPNZD or GBPCAD

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider monitoring/trading these ones​​ instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers allow trading the Indices by​​ CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • GBPCAD

  • USDCHF

  • EURCAD

  • EURUSD

  • CADJPY

  • AUDJPY

  • AUDUSD

  • NZDUSD

 

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
23rd​​ July 2023


Last modified:  ​​​​ ​​ 16th​​ July 2023​​ –​​ (Russian Rouble added)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

 

All Countries– Inflation ​​ ​​ (Added:  30th​​ April 2023)
–​​ Closely​​ monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

 

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 (from Feb 2021))
           ​​ Beware – this conflict has escalated

 

 

USSR Leadership​​ issues ​​ – Monitor (Added:  1st​​ July 2023)

           ​​ 

Silicon Valley Bank collapse​​ + contagion?
 ​​ ​​ ​​ ​​ ​​​​ (Updated 18 March 2023,​​ Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business​​ changes/closures as lockdowns start to expire.

 

US vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: 26 Aug 21)
– Monitor as it could impact China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict Escalation & Possible Nuclear Arsenal (Update: 22 Aug​​ 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term Impact

 

 

 

US Dollar losing primacy as Reserve​​ Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ -​​ impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited​​ credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland – Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor​​ Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor – Possible EU​​ Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 16th July 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

 

 

 

 

16th​​ July 2023

 

 


Market Open Times​​ (NY Time): 
US 8am ​​ –  Tokyo ?pm  –  Frankfurt 2am ​​ – ​​ London 3am
Be careful when ​​ Daylight ​​ Saving Changes are in play

 

 

All Times are in New York​​ Times

 

 

Impact

Date

Time

Currency

News Event

 

 

 

 

 

 

 

 

 

Holiday

Sun Jul 16

All Day

JPY

Bank Holiday

 

 

Monitor

Sun Jul 16

10:00 p.m.

CNY

GDP q/y

 

 

.

 

 

 

 

 

 

Monitor

Mon Jul 17

Tentative

EUR

German Buba Monthly Report

 

 

Under H4

Mon Jul 17

8:30 a.m.

CAD

Wholesale Sales m/m

 

 

Monitor

Mon Jul 17

9:30 p.m.

AUD

Monetary Policy Meeting Minutes

 

 

 

 

 

 

 

 

 

Monitor

Tue Jul 18

Tentative

EUR

EU Economic Forecasts

 

 

Monitor

Tue Jul 18

Tentative

GBP

30-y Bond Auction

 

 

Monitor

Tue Jul 18

8:15 a.m.

CAD

Housing Starts

 

 

All​​ TFs

Tue Jul 18

8:30 a.m.

CAD

CPI m/m

 

 

All TFs

Tue Jul 18

8:30 a.m.

CAD

Core CPI m/m

 

 

Under H4

Tue Jul 18

8:30 a.m.

USD

Core Retail Sales m/m

 

 

Under H4

Tue Jul 18

8:30 a.m.

USD

Retail Sales m/m

 

 

Under H4

Tue Jul 18

9:15 a.m.

USD

Industrial​​ Production m/m

 

 

All TFs

Tue Jul 18

Tentative

NZD

GDT Price Index

 

 

All TFs

Tue Jul 18

6:45 p.m.

NZD

CPI q/q

 

 

Monitor

Tue Jul 18

8:30 p.m.

AUD

MI Leading Index m/m

 

 

 

 

 

 

 

 

 

Monitor

Wed Jul 19

2:00 a.m.

GBP

CPI y/y

 

 

Monitor

Wed Jul 19

2:00 a.m.

GBP

Core CPI​​ y/y

 

 

Monitor

Wed Jul 19

5:00 a.m.

EUR

Final CPI y/y

 

 

Monitor

Wed Jul 19

5:00 a.m.

EUR

Final Core CPI y/y

 

 

Monitor

Wed Jul 19

Tentative

EUR

German 30-y Bond Auction

 

 

Monitor

Wed Jul 19

8:30 a.m.

USD

Housing Starts

 

 

Monitor

Wed Jul 19

10:30 a.m.

USD

Crude Oil Inventories

 

 

All TFs

Wed Jul 19

7:50 p.m.

JPY

Trade Balance

 

 

Under H4

Wed Jul 19

9:30 p.m.

AUD

Employment Change

 

 

Under H4

Wed Jul 19

9:30 p.m.

AUD

Unemployment Rate

 

 

 

 

 

 

 

 

 

All TFs

Thu Jul 20

2:00 a.m.

CHF

Trade Balance

 

 

All TFs

Thu Jul 20

4:00 a.m.

EUR

Current Account

 

 

Monitor

Thu Jul 20

8:30 a.m.

USD

Unemployment Claims

 

 

Under H4

Thu Jul 20

8:30 a.m.

USD

Philly Fed Manufacturing Index

 

 

Monitor

Thu Jul 20

10:00 a.m.

USD

Existing Home Sales

 

 

Monitor

Thu Jul 20

10:30 a.m.

USD

Natural Gas​​ Storage

 

 

Monitor

Thu Jul 20

7:01 p.m.

GBP

GfK Consumer Confidence

 

 

Monitor

Thu Jul 20

7:30 p.m.

JPY

National Core CPI y/y

 

 

Monitor

Thu Jul 20

Tentative

NZD

RBNZ Statement of Intent

 

 

 

 

 

 

 

 

 

Under H4

Fri Jul 21

2:00 a.m.

GBP

Retail Sales m/m

 

 

Under H4

Fri​​ Jul 21

8:30 a.m.

CAD

Core Retail Sales m/m

 

 

Under H4

Fri Jul 21

8:30 a.m.

CAD

Retail Sales m/m

 

 

 

 

 

 

 

 

 

NA

Sat Jul 22

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


16th​​ July 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

147

1058

Suggested

Best Pairs

2

GBPAUD

152

1038

3

GBPNZD

159

1012

4

EURAUD

135

925

5

GBPUSD

91

914

6

EURJPY

121

869

7

EURNZD

135

863

8

CHFJPY

119

859

9

USDJPY

115

832

10

GBPCAD

110

831

11

GBPCHF

69

805

Less stressful?​​ 

12

USDCHF

64

747

Possibly less​​ profitable

13

AUDJPY

99

716

but possibly easier​​ 

14

EURUSD

71

713

to trade.

15

AUDUSD

70

699

 

 

16

EURCAD

90

679

 

17

NZDUSD

64

644

 

 

18

CADJPY

89

642

 

19

NZDJPY

87

627

​​ 

20

EURGBP

48

625

​​ 

21

AUDCHF

50

586

​​ 

22

USDCAD

73

555

Poorer performers:

23

AUDCAD

70

528

Much less volatility &

24

NZDCAD

68

513

likely less profit from

25

CADCHF

44

512

these pairs based on

26

NZDCHF

44

509

their past performance

27

EURCHF

44

507

 

28

AUDNZD

61

387

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News Events to​​ help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon 17

Tues 18

Wed 19

Thur​​ 20

Fri​​ 21

 

 

1st Choices

GBPCAD or GBPJPY

GBPNZD or GBPUSD

GBPNZD or EURNZD

EURAUD or EURJPY

GBPCAD or GBPJPY​​ 

GBPAUD or GBPNZD

EURNZD or USDJPY

GBPJPY or GBPAUD

CHFJPY or USDJPY

GBPNZD or GBPAUD

 

2nd Choices

EURAUD or GBPUSD

GBPCAD or GBPJPY

EURAUD or GBPUSD

GBPJPY, GBPAUD, EURNZD or GBPUSD

GBPUSD or EURAUD

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider monitoring/trading these ones​​ instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers allow trading the Indices by​​ CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • GBPCHF

  • USDCHF

  • AUDJPY

  • EURUSD

  • AUDUSD

  • EURCAD

  • NZDUSD

 

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
16th​​ July 2023


Last modified:  ​​​​ ​​ 16th​​ July 2023​​ –​​ (Russian Rouble​​ added)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

 

All Countries– Inflation ​​ ​​ (Added:  30th​​ April 2023)
–​​ Closely monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

 

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 (from Feb 2021))
           ​​ Beware – this conflict has escalated

 

 

USSR​​ Leadership issues ​​ – Monitor (Added:  1st​​ July 2023)

           ​​ 

Silicon Valley Bank collapse​​ + contagion?
 ​​ ​​ ​​ ​​ ​​​​ (Updated 18 March 2023,​​ Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business​​ changes/closures as lockdowns start to expire.

 

US vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: 26 Aug 21)
– Monitor as it could impact China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict Escalation & Possible Nuclear Arsenal (Update: 22​​ Aug 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term Impact

 

 

 

US Dollar losing primacy as Reserve​​ Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Russia Rouble Unsteady  ​​ ​​ ​​​​ – (Added:  15h July 2023)
 ​​ ​​​​ Monitor ​​ - impact from sanctions & war
 ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://www.forexfactory.com/search?searchid=44391641

Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland –​​ Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor –​​ Possible EU Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 9th July 2023

 

 

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

 

 

9th​​ July 2023

 


Market Open Times​​ (NY Time): 
US 8am ​​ –  Tokyo ?pm  –  Frankfurt 2am ​​ – ​​ London 3am
Be careful when ​​ Daylight ​​ Saving Changes are in play

 

All Times are in New York Times

 

Impact

Date

Time

Currency

News Event

 

 

 

 

 

 

All TFs

Sun Jul 9

7:50 p.m.

JPY

Current Account

Monitor

Sun Jul 9

9:30 p.m.

CNY

CPI y/y

Monitor

Sun Jul 9

9:30 p.m.

CNY

PPI y/y

 

 

 

 

 

Monitor

Mon Jul 10

1:00 a.m.

JPY

Economy Watchers Sentiment

Monitor

Mon Jul 10

10th-15th

CNY

New Loans

Monitor

Mon Jul 10

10th-15th

CNY

M2 Money Supply y/y

Monitor

Mon Jul 10

9:30 p.m.

AUD

NAB Business Confidence

 

 

 

 

 

Monitor

Tue Jul 11

2:00 a.m.

EUR

German Final CPI m/m

Monitor

Tue Jul 11

2:00 a.m.

GBP

Average Earnings Index 3m/y

Under H4

Tue Jul 11

5:00 a.m.

EUR

German ZEW Economic Sentiment

Under H4

Tue Jul 11

5:00 a.m.

EUR

ZEW Economic Sentiment

Monitor

Tue Jul 11

Tentative

GBP

NIESR GDP​​ Estimate

Hi Impact

Tue Jul 11

10:00 p.m.

NZD

Official Cash Rate

Hi Impact

Tue Jul 11

10:00 p.m.

NZD

RBNZ Rate Statement

 

 

 

 

 

Monitor

Wed Jul 12

2:00 a.m.

GBP

BOE Financial Stability Report

Monitor

Wed Jul 12

2:00 a.m.

GBP

FPC Meeting Minutes

Monitor

Wed Jul 12

2:00 a.m.

GBP

FPC Statement

Monitor

Wed Jul 12

Tentative

GBP

10-y Bond Auction

Monitor

Wed Jul 12

Tentative

EUR

German 10-y Bond Auction

All TFs

Wed Jul 12

8:30 a.m.

USD

CPI m/m

Monitor

Wed Jul 12

8:30 a.m.

USD

CPI y/y

All TFs

Wed Jul 12

8:30 a.m.

USD

Core CPI m/m

Hi Impact

Wed Jul 12

10:00 a.m.

CAD

BOC Monetary Policy Report

Hi Impact

Wed Jul 12

10:00 a.m.

CAD

BOC Rate Statement

Hi Impact

Wed Jul 12

10:00 a.m.

CAD

Overnight Rate

Monitor

Wed Jul 12

10:30 a.m.

USD

Crude Oil Inventories

Hi Impact

Wed Jul 12

11:00 a.m.

CAD

BOC Press Conference

Monitor

Wed Jul 12

1:01 p.m.

USD

10-y Bond Auction

Monitor

Wed Jul 12

2:00 p.m.

USD

Beige Book

Monitor

Wed Jul 12

9:00​​ p.m.

AUD

MI Inflation Expectations

Monitor

Wed Jul 12

Tentative

CNY

Trade Balance

Monitor

Wed Jul 12

Tentative

CNY

USD-Denominated Trade Balance

 

 

 

 

 

All TFs

Thu Jul 13

2:00 a.m.

GBP

GDP m/m

Under H4

Thu Jul 13

2:00 a.m.

GBP

Industrial​​ Production m/m

Under H4

Thu Jul 13

2:00 a.m.

GBP

Manufacturing Production m/m

Monitor

Thu Jul 13

4:30 a.m.

GBP

BOE Credit Conditions Survey

Monitor

Thu Jul 13

Tentative

EUR

EU Economic Forecasts

Under H4

Thu Jul 13

5:00 a.m.

EUR

Industrial​​ Production m/m

Monitor

Thu Jul 13

All Day

EUR

Eurogroup Meetings

Monitor

Thu Jul 13

7:30 a.m.

EUR

ECB Monetary Policy Meeting Accounts

Monitor

Thu Jul 13

8:30 a.m.

USD

Core PPI m/m

Monitor

Thu Jul 13

8:30 a.m.

USD

PPI m/m

Monitor

Thu Jul 13

8:30​​ a.m.

USD

Unemployment Claims

Monitor

Thu Jul 13

10:30 a.m.

USD

Natural Gas Storage

Monitor

Thu Jul 13

1:01 p.m.

USD

30-y Bond Auction

Monitor

Thu Jul 13

2:00 p.m.

USD

Federal Budget Balance

Holiday

Thu Jul 13

All Day

NZD

Bank Holiday

 

 

 

 

 

Monitor

Fri Jul 14

2:30 a.m.

CHF

PPI m/m

Holiday

Fri Jul 14

All Day

EUR

French Bank Holiday

All TFs

Fri Jul 14

5:00 a.m.

EUR

Trade Balance

Monitor

Fri Jul 14

All Day

EUR

ECOFIN Meetings

Under H4

Fri Jul 14

8:30 a.m.

CAD

Manufacturing Sales m/m

Under H4

Fri Jul 14

10:00 a.m.

USD

Prelim UoM Consumer Sentiment

Under H4

Fri Jul 14

10:00 a.m.

USD

Prelim UoM Inflation Expectations

 

 

 

 

 

NA

Sat Jul 15

 

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


9th​​ July 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

152

1066

Suggested

Best Pairs

2

GBPAUD

148

990

3

GBPNZD

153

952

4

GBPUSD

94

943

5

CHFJPY

124

873

6

EURJPY

121

851

7

EURNZD

135

840

8

EURAUD

125

837

9

GBPCAD

101

758

10

GBPCHF

67

756

11

USDJPY

107

755

Less stressful?​​ 

12

USDCHF

65

737

Possibly less​​ profitable

13

EURUSD

73

728

but possibly easier​​ 

14

AUDJPY

98

686

to trade.

15

AUDUSD

68

679

 

 

16

EURCAD

87

657

 

17

CADJPY

90

632

 

 

18

NZDUSD

62

623

 

19

EURGBP

48

613

​​ 

20

NZDJPY

84

589

​​ 

21

USDCAD

75

565

​​ 

22

AUDCHF

50

561

Poorer performers:

23

CADCHF

44

499

Much less volatility &

24

AUDCAD

65

490

likely less profit from

25

NZDCHF

43

486

these pairs based on

26

EURCHF

42

471

their past performance

27

NZDCAD

62

469

 

28

AUDNZD

63

391

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News​​ Events to help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon​​ 11

Tues​​ 12

Wed​​ 13

Thur​​ 14

Fri​​ 15

 

 

1st Choices

GBPJPY or CHFJPY

EURJPY or EURNZD

EURNZD or GBPCAD

GBPJPY or GBPAUD

GBPUSD or EURJPY

EURJPY or GBPAUD

EURAUD or GBPJPY

GBPUSD or GBPJPY

GBPNZD or GBPUSD

EURNZD or EURAUD

 

2nd Choices

GBPNZD or GBPUSD

GBPAUD or GBPNZD

GBPAUD or GBPNZD

EURJPY, EURNZD, EURAUD or​​ GBPCAD

GBPCAD or GBPJPY

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider​​ monitoring/trading these ones instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers​​ allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • USDJPY

  • USDCHF

  • EURUSD

  • AUDJPY

  • AUDUSD

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
9th​​ July 2023


Last modified:  ​​​​ ​​ 2nd​​ July 2023​​ –​​ (USSR Coup possibilities added)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

 

All Countries– Inflation ​​ ​​ (Added:  30th​​ April 2023)
–​​ Closely monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

 

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 (from Feb 2021))
           ​​ Beware – this conflict has escalated

 

 

USSR​​ Leadership issues ​​ – Monitor (Added:  1st​​ July 2023)

           ​​ 

Silicon Valley Bank collapse​​ + contagion?
 ​​ ​​ ​​ ​​ ​​​​ (Updated 18 March 2023,​​ Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US & includes the global banking system.
SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business​​ changes/closures as lockdowns start to expire.

 

US vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China- Evergrande issue  (Updated: 26 Aug 21)
– Monitor as it could impact China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict Escalation & Possible Nuclear Arsenal (Update: 22​​ Aug 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term Impact

 

 

 

US Dollar losing primacy as Reserve​​ Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland –​​ Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor –​​ Possible EU Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.

 

 

 

 

Archive - 2nd July 2023

 

 

 

 

 

 

 

 

 

 

MAX NewsWatch List

 

 

 

 

 

2nd​​ July 2023


Market Open Times​​ (NY Time): 
US 8am ​​ –  Tokyo ?pm  –  Frankfurt 2am ​​ – ​​ London 3am
Be careful when ​​ Daylight ​​ Saving Changes are in play

All Times are in New York Times

Impact

Date

Time

Currency

News Event

 

 

 

 

 

Monitor

Sun Jul 2

9:00 p.m.

AUD

MI Inflation Gauge m/m

Monitor

Sun Jul 2

9:45 p.m.

CNY

Caixin Manufacturing PMI

 

 

 

 

 

Monitor

Mon Jul 3

2:30 a.m.

AUD

Commodity Prices y/y

All TFs

Mon Jul 3

2:30 a.m.

CHF

CPI​​ m/m

Holiday

Mon Jul 3

All Day

CAD

Bank Holiday

Monitor

Mon Jul 3

10:00 a.m.

USD

ISM Manufacturing PMI

Monitor

Mon Jul 3

10:00 a.m.

USD

ISM Manufacturing Prices

Monitor

Mon Jul 3

6:00 p.m.

NZD

NZIER Business Confidence

Monitor

Mon Jul 3

11:35 p.m.

JPY

10-y Bond Auction

 

 

 

 

 

Hi Impact

Tue Jul 4

12:30 a.m.

AUD

Cash Rate

Hi Impact

Tue Jul 4

12:30 a.m.

AUD

RBA Rate Statement

Monitor

Tue Jul 4

Tentative

GBP

30-y Bond Auction

Holiday

Tue Jul 4

All Day

USD

Bank Holiday

Under H4

Tue Jul 4

9:30​​ a.m.

CAD

Manufacturing PMI

All TFs

Tue Jul 4

Tentative

NZD

GDT Price Index

Monitor

Tue Jul 4

9:30 p.m.

AUD

Retail Sales m/m

Monitor

Tue Jul 4

9:45 p.m.

CNY

Caixin Services PMI

 

 

 

 

 

Monitor

Wed Jul 5

All Day

All

OPEC Meetings

Monitor

Wed Jul 5

Tentative

EUR

German 10-y Bond Auction

Monitor

Wed Jul 5

2:00 p.m.

USD

FOMC Meeting Minutes

All TFs

Wed Jul 5

9:30 p.m.

AUD

Trade Balance

Monitor

Wed Jul 5

11:35 p.m.

JPY

30-y Bond Auction

 

 

 

 

 

Under H4

Thu Jul 6

4:30 a.m.

GBP

Construction PMI

Monitor

Thu Jul 6

Tentative

EUR

Spanish 10-y Bond Auction

Monitor

Thu Jul 6

Tentative

EUR

French 10-y Bond Auction

Under H4

Thu Jul 6

8:15 a.m.

USD

ADP Non-Farm Employment Change

All TFs

Thu Jul 6

8:30 a.m.

CAD

Trade Balance

Monitor

Thu Jul 6

8:30​​ a.m.

USD

Unemployment Claims

All TFs

Thu Jul 6

8:30 a.m.

USD

Trade Balance

Monitor

Thu Jul 6

10:00 a.m.

USD

ISM Services PMI

Monitor

Thu Jul 6

11:00 a.m.

USD

Crude Oil Inventories

 

 

 

 

 

Under H4

Fri Jul 7

2:00 a.m.

GBP

Halifax HPI m/m

Under H4

Fri Jul 7

8:30 a.m.

CAD

Employment Change

Under H4

Fri Jul 7

8:30 a.m.

CAD

Unemployment Rate

Hi Impact

Fri Jul 7

8:30 a.m.

USD

Average Hourly Earnings m/m

Hi Impact

Fri Jul 7

8:30 a.m.

USD

Non-Farm Employment Change

Hi Impact

Fri Jul 7

8:30 a.m.

USD

Unemployment Rate

Hi Impact

Fri Jul 7

8:32 a.m.

USD

NFP Revision

Monitor

Fri Jul 7

10:30 a.m.

USD

Natural Gas Storage

Monitor

Fri Jul 7

12:45 p.m.

EUR

ECB President Lagarde Speaks

 

 

 

 

 

NA

Sat Jul 8

 

 

 

 

 

 

 

 

 

 

 

 

 

 


“Top Pairs” Lists


2nd​​ July​​ 2023​​ 

 

The Top Pairs below are ones that have moved the most in the past 4 weeks.
They are listed in $ order: largest $ to smallest $ movers.

Pick the “low-hanging fruit” i.e. pairs that have moved the​​ most,​​ 
as they are more likely to move this week.

 

Last week

Pair

Avg Daily​​ 
Pip Range

Avg Daily
 ​​​​ $ Range ​​ 

 

1

GBPJPY

156

1078

Suggested

Best Pairs

2

GBPAUD

146

970

3

GBPUSD

96

956

4

GBPNZD

152

934

5

CHFJPY

124

862

6

EURAUD

124

824

7

GBPCHF

73

813

8

GBPCAD

108

813

9

EURJPY

117

809

10

EURNZD

130

797

11

USDCHF

71

789

 

12

USDJPY

109

752

Less stressful?​​ 

13

EURUSD

72

718

Not as profitable as the

14

EURCAD

91

685

“Best Pairs”

15

AUDUSD

68

676

but possibly easier​​ 

16

AUDJPY

96

666

to trade.

17

CADJPY

95

660

 

 

18

NZDUSD

61

610

 

19

EURGBP

47

602

 

20

AUDCHF

51

572

 

21

NZDJPY

81

561

 

22

CADCHF

50

559

Poorer performers:

23

USDCAD

72

542

Much less volatility &

24

AUDCAD

71

533

likely less profit from

25

EURCHF

45

507

these pairs based on

26

NZDCAD

66

500

their past performance

27

NZDCHF

42

474

 

28

AUDNZD

66

402

 

#E5F8FF

 

 

 

Short List of Each Day’s Top Pairs

Use these suggested pairs to help limit the pairs you monitor each day.
These pairs use the News​​ Events to help narrow the selection.
MAX Courses will teach you how to make this table for yourself.

Pairs at the top have more important News Events (e.g. Hi Impact) than lower pairs.

 

 

Day

Mon​​ 3

Tues​​ 4

Wed​​ 5

Thur​​ 6

Fri​​ 7

 

 

1st Choices

US/CAD Holiday​​ GBPAUD or EURAUD

 

US/CAD Holiday

GBPAUD or EURAUD

GBPNZD or EURNZD

GBPAUD or GBPUSD

GBPUSD or GBPJPY

CHFJPY or GBPJPY

GBPNZD or GBPCAD

GBPJPY or GBPAUD

GBPCAD or GBPJPY

GBPAUD or GBPNZD

 

2nd Choices

GBPCHF, GBPNZD or GBPUSD

EURNZD or GBPJPY

GBPUSD or CHFJPY

GBPNZD, EURUSD or GBPCHF

GBPCHF or GBPCAD

 

 

 

 

 

Smooth Movers


These pairs might be less volatile & easier to trade.

 

 

 

Forex Pairs


If you are uncomfortable with the faster more volatile pairs above, you could consider​​ monitoring/trading these ones instead.


Less money, but possibly less volatility & stress.

 

 

Indices


Consider trading these indices, too.
Be careful, take your time & make certain you know how they move. They use points & fractions of points.
Some brokers​​ allow trading the Indices by CFDs, instead of Futures.​​ 
Check with your broker for more info.

 

  • USDCHF

  • USDJPY

  • EURUSD

  • EURCAD

  • AUDUSD

  • AUDJPY

  • CADJPY

  • DAX

  • DOW Jones

  • NASDAQ

  • S&P 500

  • FTS100

  • NK225

 

 

 

 

 

 

 

 


Longer Term Issues​​ 

 
2nd​​ July​​ 2023


Last modified:  ​​​​ ​​ 2nd​​ July​​ 2023​​ –​​ (USSR Coup possibilities added)

 

 

​​ 

​​ Critical Items

    – Impact: Possible Immediate Impact

 

 

All Countries– Inflation ​​ ​​ (Added:  30th​​ April​​ 2023)
–​​ Closely monitor the Central Banks (Fed & others) for​​ 
 ​​ ​​ ​​ ​​ ​​ ​​​​ Recession mitigation & Interest Rate Changes.

 

USSR/Ukraine – Monitor (Updated: 18th Sept 2022,24 Feb 2022 (from Feb 2021))
           ​​ Beware – this conflict has escalated

 

 

USSR Leadership issues ​​ – Monitor (Added:  1st​​ July 2023)

           ​​ 

Silicon Valley Bank collapse​​ + contagion?
 ​​ ​​ ​​ ​​ ​​​​ (Updated 18 March 2023,​​ Added:  11 March 2023)

 ​​ ​​​​ Monitor: Still ongoing impacts in US &​​ includes the global banking system.
SVB, Silvergate, Signature, Credit Suisse & now First Republic
 ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​ https://en.wikipedia.org/wiki/2023_banking_crisis​​ 

 

All Countries– Covid19 – Corona Virus
– Monitor for business changes/closures as lockdowns start to expire.

 

US vs China– Monitor Trade war
Pay attention to any escalation 

 

 

China-​​ Evergrande issue  (Updated: 26 Aug 21)
– Monitor as it could impact China’s banking system
– Evergrande defaulted on an interest payment to Australia 1st Oct 2021


Israel & Iran & Gaza – Monitor – Conflict Escalation & Possible Nuclear Arsenal (Update: 22 Aug​​ 21)


Goldman Sachs Analysis – Be prudent about the analysis re US economy
(22 Aug 2021)


Afghanistan – Unfolding Situation (Updated: 22 Aug 21)

 

 

 

​​ 

​​ Important Items

    – Impact: Medium Term Impact

 

 

 

US Dollar losing primacy as Reserve​​ Currency  (Added:  23 March 2022)
   Russia demanding Roubles or Yuan instead of USD for payments.
https://www.forexfactory.com/news/1146816-the-us-dollars-global-standing-as-the-top
https://www.reuters.com/business/energy/putin-says-russia-will-start-selling-gas-unfriendly-countries-roubles-2022-03-23/

 


Banks under Scrutiny by ECB  ​​ ​​​​ – (Added:  4th December 2022)
 ​​ ​​​​ Monitor for limited credit causing financial problems​​ 
 ​​​​ ​​ Effects Deutsche Bank & BNP Paribas

US-Iran Tension Escalation

China/Taiwan – Monitor for possible aggression
as per Chinese general saying military action is considered.

 

EU – Poland –​​ Monitor for possible Issues (Updated: 9 Oct 2021)
   after Poland Constitutional Court decision. PolExit?

European Union Dissolving? Monitor the EU for
interstate difficulties exacerbated by the Covid19 epidemic
via EU Council meeting relationships degrading
– also monitor Germany’s Constitutional Court Ruling
for future implications – re EURO viability, EU partnerships,
& possible end of EU? More info here: www.cnbc.com/


China/Hong Kong – Monitor

EU – Germany’s political situation is not settled
Additional EU Entrants possible?

Syria – Could disrupt in the markets

Libya – Geopolitical/Military escalation could affect Oil Prices

ECB – Monitor statements for weakening impacts
ECB outlook is becoming more pessimistic re EU Economy
Monitor any action taken if/when QE ceases at Year End.

 

 

 

 

​​ Ongoing Items

    – Impact: Very Long Term Repercussions

 

 

 

Italy – Monitor (Updated: 17 July 2022, -​​ 14 Feb 2021)
Draghi quits as PM, could still impact EU
– Monitor – Budget & Banking System
– Monitor –​​ Possible EU Penalty & alternate currency

OPEC – Monitor (Updated: 07 July 2023) 
 – Unexpectedly dropped the price​​ 
 – considering dropping USD as denomination currency
 – Influence of terrorism on production has risen.

 

German Bank (WireCard) Bankrupted – Monitor for
possible future ramifications for stability
– eg domino effect a la Lehman Brothers.

 

Karlsruhe German Constitutional Court (Updated: 9 May 21)
Monitor: Decision re ECB PEPP (QE)
Could be revoked causing major impact on the German economy

 

China vs India vs Pakistan– Monitor conflicts along border.