{"id":113330,"date":"2017-09-22T00:11:10","date_gmt":"2017-09-22T04:11:10","guid":{"rendered":"http:\/\/countingpips.com\/?p=113330"},"modified":"2017-09-22T00:11:10","modified_gmt":"2017-09-22T04:11:10","slug":"u-k-prime-minister-theresa-mays-speech-in-focus-22-9-2017","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/09\/u-k-prime-minister-theresa-mays-speech-in-focus-22-9-2017\/","title":{"rendered":"U.K. Prime Minister Theresa May\u2019s Speech in Focus 22-9-2017"},"content":{"rendered":"<div id=\"inves-2952311524\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 22, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By<\/b> <a href=\"https:\/\/mexgroup.com\" target=\"_blank\">Mexgroup.com<\/a><\/p>\n<p><strong>Euro Soars Higher After Draghi\u2019s Comments.<\/strong>\u00a0The mood was a bit cheerier in the European markets, with ECB head Draghi declaring that the financial sector no longer poses a threat to the economy. The bullish sentiment around the Eurozone currency is going strong, suggesting it has some more room to rally.<\/p>\n<p><strong>Aussie Tumbled Across the Board After Governor Lowe\u2019s Speech.<\/strong>\u00a0The Australian dollar bears painted the forex town red on Thursday as the commodity currency was weighed down by the RBA\u2019s shaky tightening bias, the credit rating downgrade on China, and the sharp drop in gold prices.<\/p>\n<p><strong>Kiwi Slips to 72.81 US Cents as Fed&#8217;s Rate Hike.<\/strong>\u00a0The New Zealand dollar fell as the US Federal Reserve signals on balance sheet unwinding and interest rate hikes outweighed gains made earlier in the week after a poll showing the National Party in the lead ahead of tomorrow&#8217;s vote.<\/p>\n<p><strong>Traders Looking Forward to How Prime Minister May\u2019s Speech Might Turn Out.\u00a0<\/strong>All eyes and ears are on U.K. Prime Minister Theresa May as she prepares to deliver her Brexit speech in Florence today. She is expected to propose a two-year transition period for both parties to hash things out, during which the U.K. can retain access to the single market even after the official split happens on March 2019.<\/p>\n<p><strong>Gold Falls on Dec Rate Hike Expectations.<\/strong>\u00a0Gold fell in reaction to a rising US dollar, losing over 1% and falling back under the $1,300 level after the Fed signaled it was on track to raise US interest rates again in December. The metal is highly sensitive to rising US rates, which boost the cost of holding non-yielding bullion relative to other assets.<\/p><div id=\"inves-1378322213\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><strong>Oil Prices Steady Ahead of OPEC Meeting on Supply Cut Extension.<\/strong>\u00a0Oil prices held steady in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day.<\/p>\n<p><strong>Watch Out Today for:\u00a0<\/strong><\/p>\n<p><strong>09:00 am GMT: EUR ECB President Draghi&#8217;s Speech\u00a0<\/strong><\/p>\n<p><strong>GBP UK Prime Minister Theresa May speech<\/strong><\/p>\n<p><strong>By MEX Group Team\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/en.mexgroup.com\/blog\/u-k-prime-minister-theresa-mays-speech-focus-22-9-2017\/\">U.K. Prime Minister Theresa May\u2019s Speech in Focus 22-9-2017<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/en.mexgroup.com\/blog\">mexgroupblog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Mexgroup.com Euro Soars Higher After Draghi\u2019s Comments.\u00a0The mood was a bit cheerier in the European markets, with ECB head Draghi declaring that the financial sector no longer poses a threat to the economy. The bullish sentiment around the Eurozone currency is going strong, suggesting it has some more room to rally. Aussie Tumbled Across [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-113330","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=113330"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113330\/revisions"}],"predecessor-version":[{"id":113331,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113330\/revisions\/113331"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=113330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=113330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=113330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}