MARKET TRENDS (16th April 18)

Important Economic Announcements for the week:

Mon: US Retail Sales 8.30 pm

Tues: RBA Meeting Minutes 0930 am CNY GDP 10 am GBP Average Earnings 4.30 pm

Wed: GBP CPI 4.30 pm Eur CPI 5 pm BOC Interest Rate Decision 10 pm

Thurs: Aud Unemployment Rate 9.30 am

Fri: CAD Retail Sales 8.30 pm

Short Thoughts

With the to and fro from US and China negotiations and threats on their trade tariffs, it certainly seems like a high stakes poker game. Any chances of an increase or decrease of the stakes would lead to the markets oscillating up and down akin to a roller coaster ride. On the whole, it is still trading in the range of 23000 and 26000 which I have mentioned in my previous write-ups. So we need a break from this range before we have a …