8 things that worsen your trading performance

What are some of the biggest traps you can fall into as a trader?

FBS 1

Trading is a process that is different for every participant: a great deal of success depends on personal qualities and strengths. And yet, a number of things are universal – the similar challenges everyone goes through and the common traps that at some point await all traders.

In this article, we have gathered the potential killers of trading success as well as the recommendations on how to eliminate them or turn the situation around in case you are already suffering.

#1: Being too lazy to test things

It can be tempting to just start using a new trading strategy right away to bear monetary fruits as soon as possible. However, launching into the unknown is not the best idea. Practice makes perfect and it’s always better to test things first.

As a result, use the potential provided by demo accounts to its most: test the services provided by your broker, test a new strategy, work on your risk management and position sizing.

#2: Extreme emphasis on the result

A lot of traders expect to see the mind-blowing amounts of profit literally in no time. Others get fixated on the idea that every trade should be profitable.

We won’t argue that trading should be to your benefit, that goes without saying. However, obsession with rewards alone won’t do you any good. After all, the rewards won’t achieve themselves.

All important things – analysis, strategy, risk management – are the elements of the trading process. So, while it’s absolutely necessary to have a goal (a reasonable one, for sure), once the goal is set, you should throw all your strengths and attention to the process of trading.

Learn from each trade you make – your own experience of observing and dealing with the market is your most precious asset. Focus on the key elements of trading mentioned above and try to improve your skills in each of them.

#3: Lack of proper money and risk management

The reasons for this misstep may be different: laziness that we have already mentioned before, ignorance, the lack of patience. Bear in mind that professional trading is not a game and that every time you put your money at stake, not just some abstract numbers you see on the screen.

In addition, be always aware that by nature people are inclined to underestimate probabilities of bad events. Accept the idea that there will be losses and your job is to make sure that they don’t put devour your deposit. Be prepared: don’t risk too much and use Stop Loss orders.

#4: Forgetting bigger timeframes

Some intraday traders – beginners – perceive timeframes from daily and bigger as something remote and unrelated to what they are doing. Yet, bigger timeframes show the bigger picture.

Although fractals we see on the smaller timeframes are the first to show a change in the market, they may always be just ripples that don’t mean a new trend.

As a result, make sure that you consult large timeframes on a regular basis to ensure that your short-term trades don’t clash with some important long-term support/resistance levels.

#5: Constant hurry

Ask yourself a question: are you a patient person? Do you have this urge to open a trading order, no matter buy or sell, right after you have turned on your trading software just for the sake of doing something?

Such a hurry to start trading is quite common these days when the process of setting up a trade is swift and easy. Another form of the illness is when a person sees a rapid movement of the price and has a sudden panic attack, seized by the fear of missing out (FOMO) a trade of a lifetime.

The problem is that if you are in a hurry, you will probably cut yourself a lot of slack in market analysis and get into something you shouldn’t have got into. The odds are that by doing so you will forgo risk management.

In order to avoid such situations, try to consciously monitor your psychological condition during every trade. Make it a routine checkup: every time you feel that you are moving too fast, slam on the brakes, take a deep breath and think some more.

#6: Not understanding the essence and logic of the market

Often enough traders look at a chart but don’t really see it. Remember that the price action is a result of the activity of all market participants or that a pullback comes after every big move. It’s also worth noting that a lower high in an uptrend is a worrying sign for bulls or that breakouts of important levels may be false.

Furthermore, candlesticks and their patterns can tell you stories about what happened with the price; that technical indicators don’t bring new information but are derived from the price; that fundamental economic disparities shape the longer-term trends and the market is driven by expectations in a greater deal than by events themselves, etc.

To become better at reading the market, make your forecasts for the instruments you do not trade and see how the situation turns out. Watch the price’s reaction to economic releases. Apply every bit of the knowledge you get to practice.

#7: Overanalzying

Regrettably, there may just be too much of a good thing. You should always be able to see the price chart below all the lines you have drawn and all the indicators you have applied – no jokes!

To be honest, it’s hard to see how you may need more than 3-4 indicators: there is little point in applying indicators that have similar functions. In addition, a bigger number of indicators will simply make a trading strategy bulky and dysfunctional.

As a result, cut the excessive things and use the remaining ones efficiently.

#8: Poor planning and organization

In some endeavors, it pays off to be spontaneous. However, trading is rarely one of them. It doesn’t mean that trading is not creative, but that it requires disciplined execution on many levels.

Here we stress not only the necessity of a trading plan with the technical details of your trades but also the need to have a daily routine in place. Make sure you organize your activity carefully. Assign defined periods of time to trading and make sure you stick to them.

Conclusion

Our most sincere advice is for you to try and actually apply the recommended solutions. As it often happens in trading, things listed above may seem like banality and easy stuff.

Still, many traders put off amending the situation and forget about the simple steps that can make their trading life much better. What if a time to become a mindful trader has finally come?

This article was submitted by FBS.

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Top 5 Things to Know in the Market on Friday

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Investing.com – Here are the top five things you need to know in financial markets on Friday, May 3:

1. Jobs report set to dominate trade

Market focus on Friday will center on the April jobs report at 8:30 AM ET (12:30 GMT), with a string of Federal Reserve policymakers also set to make remarks throughout the day.

Economists forecast the creation of while the is expected to stay at 3.8%.

Wages are predicted to rise, with climbing 0.3% for the month, pushing its to 3.3%

On Wednesday the Federal Reserve pointed to the employment picture as one reason it can remain patient either way on rates, saying in its statement that job gains “have been solid, on average, in recent months, and the unemployment rate has remained low.”

Analysts argue that an upbeat jobs report could drive the higher. The greenback has been bid solidly since Fed Chairman Jerome Powell’s press conference on Wednesday, where he played down recent soft inflation data and said he saw no reason to cut interest rates.

Read more: – Kathy Lien

Following the NFP release, Chicago Fed president will speak on global economies while a swarm of fellow policymakers – including Fed Vice Chairman , New York Fed chief , Fed governor , St. Louis Fed president , San Francisco Fed president , Dallas Fed chief and the head of the Cleveland Fed – will all participate in a panel on “Strategies for Monetary Policy” to be held in Stanford, California.

Although overshadowed by the jobs report, the Institute of Supply Management will also release its for April at 10:00 AM ET (14:00 GMT).

2. Stocks recover ahead of jobs data

U.S. futures pointed to a recovery on Wall Street after Thursday’s negative close as investors braced for the monthly employment report.

The blue-chip gained 77 points, or 0.3% by 5:32 AM ET (9:32 GMT), while rose 10 points, 0.3%, and traded up 40 points, or 0.5%.

nearing midday trade Friday, helped in part by strong earnings reports from German sportswear maker Adidas (DE:) and Asia-focused lender HSBC.

on Friday in holiday-thinned trade with Chinese and Japanese markets closed for holidays.

3. Buffet’s Berkshire Hathaway invests in Amazon

Billionaire investor Warren Buffett said that his finally bought shares in Amazon.com (NASDAQ:) for the first time.

Buffett indicated that the purchase was made by one of his investment managers, Todd Combs or Ted Weschler, and said the details would be disclosed later this month in Berkshire’s (NYSE:) quarterly report of its U.S. stock holdings.

Though Buffett has long praised the leadership of Amazon’s Chief Executive Jeff Bezos, the “sage of Omaha” took time to invest in the company’s shares.

“Yeah, I’ve been a fan, and I’ve been an idiot for not buying,” Buffett told CNBC.

4. Facebook recruits partners to launch crypto payment app

Facbook (NASDAQ:) has stepped up the pace with its cryptocurrency-based payments system, recruiting dozens of financial firms and online merchants to help with the launch, according to a report from The Wall Street Journal.

The code-named Project Libra has been underway for over a year and is based on a so-called stablecoin that users could use to make purchases on the social media’s platform and across the Internet, sources told the WSJ.

Facebook is reportedly looking for total investments of about $ 1 billion in order to damp volatility in its coin’s value and has talked to such companies as Visa (NYSE:), Mastercard (NYSE:) and First Data Corp (NYSE:) about the project, which could one day threaten the dominance of today’s electronic payments giants.

5. Oil extends weekly losses to more than 2%

on Friday on concerns that rising U.S. output would begin to hit global markets.

fell 30 cents, or 0.5%, to $ 61.51 by 5:34 AM ET (9:34 GMT), while traded down 53 cents, or 0.8%, to $ 71.22.

Data from the U.S. Energy Information Administration showed that U.S. crude production hit a record 12.3 million barrels per day (bpd) last week, an increase of around 2 million bpd from a year earlier.

The EIA also noted that U.S. crude exports broke through 3 million bpd for the first time this year, causing concern that the increase could outweigh OPEC-led efforts to reduce the global supply glut and rebalance markets.

— Reuters contributed to this report.

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3 Things Under the Radar This Week

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Investing.com – Here’s a look at three things that were under the radar this past week.

1. ‘No Free Lunch’ Has Different Meaning For Some U.S. Gas Drillers

There’s no such thing as a free lunch. That’s the maxim the world pretty much operates by.

Yet, the experiences of natural gas drillers at Texas’ Waha hub may make that sound like a cruel joke.

Next-day natural gas prices at Waha plunged to record negative levels this week. And some drillers were not only getting no money for the commodity, but also paying those with spare pipeline capacity to take the unwanted gas.

That’s akin to giving away your bread and paying people to eat it. It’s not something OPEC is ever expected to do with its oil, even if that unlikely reaches zero value at some point.

Pipeline constraints in the Permian basin in West Texas were to blame for the phenomenon. The Permian is the nation’s largest oil field, but it also produces large volumes of gas and the region lacks pipelines to move it. That has squeezed gas prices there for some time.

Weak demand and recent equipment problems on a key pipeline in New Mexico have exacerbated the problem, Reuters reported.

Spot prices at the Waha hub fell to minus $ 3.38 per million British thermal units for Wednesday from minus 2 cents for Tuesday. That beat the prior all-time next-day low of minus $ 1.99 for March 29.

On the broader front, futures of gas on the New York Mercantile Exchange, which set month-ahead prices, have also been weak lately as the advent of spring weather tempers heating demand.

The United States experienced one of its heaviest gas consumption periods ever in the winter as heating demand spiked from record low temperatures caused by a polar vortex. reached more than 4-1/2-year highs of nearly $ 5 at the height of the cold weather in November. They are now well below $ 3.

2. As Oil Prices Flirt With Highs, Energy Stocks Slide

When oil prices rack up gains, energy stocks tend to join in on the fun. But energy stocks lagged the swashbuckling moves higher in oil prices this week, leaving many scrambling for answers.

Oil prices rose nearly 5%, outpacing gains in the S&P 500 energy sector, which served up an increase of about 2.25%.

Some in the investment community outlined three factors for the disconnect between energy stocks and oil prices: valuation, valuation, valuation.

Energy stocks have gone up too fast too soon. This prompted investors to remain on the sidelines or head for the exits. The energy sector trades at 18x 2019 earnings, above 16.3x for the S&P 500.

There appears little hope, however, that energy companies will be able to jack up earnings and justify their valuations as the bulk of companies in the sector have seen double-digit declines in first-quarter earnings expectations.

Among the 11 sectors, the energy sector has recorded the largest decrease in expected earnings growth since the start of first quarter to -18.4%, FactSet said last week. Despite the decline in expected earnings, the energy sector “has witnessed the third-largest increase in price of all eleven sectors since December 31 at 15.6%,” the report said.

The lower expectations on earnings growth has been driven by lower average oil prices in the first quarter of the year compared with a the same period a year ago.

“Despite an increase in price during the quarter, the average price of oil in Q1 2019 ($ 54.81) to date is 13% lower than the average price of oil in Q1 2018 ($ 62.89),” FactSet said.

3. Travel Spending Expectations Fall

The index is down slightly year to date, slightly below the . But those long transports may have pause, given Morgan Stanley’s note this week.

The investment bank said in note on airline stocks that companies are lowering their budgets for corporate travel this year after surveying managers again “to obtain an update given U.S. Government shutdown effects, uncertainty regarding Brexit and slowing global macro trends.”

On a budget-weighted basis, corporate travel expenditure is expected to grow 2% in 2019, down from 3.7% growth expectations from a survey in November.

Of airline respondents surveyed, 59% expect an increase in budget spending, which is down from 66% in November.

“In this update we focus primarily on volume-based changes in travel spend, with airline managers now expecting net booking volume increase of (about) 1.5% in 2019,” Morgan Stanley said. “Compared to our November survey where 75% of respondents expected an increase in airline bookings for 2019, now only 45% of respondents expect an increase.”

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Top 5 Things to Know in the Market on Thursday

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Investing.com – Here are the top five things you need to know in financial markets on Thursday, March 21:

1. Futures point to subdued open, Treasury yields hit 1-year low after Fed pivot

on Wednesday and released details of a plan to end the monthly reduction of its balance sheet. The decision was a marked about-face from its prior December forecasts to raise interest rates twice this year.

Although U.S. stocks turned positive after the decision, financial stocks dragged on the market due to their sensitivity to low interest rates, leaving the .

The market’s cautious stance continued to reign on Thursday with U.S. futures stuck around the unchanged mark. At 5:41 AM ET (9:41 GMT), the blue-chip fell 22 points, or 0.1%, dropped 1 point, or 0.1%, while the edged forward 5 points, or 0.1%.

reacted most to the change in policy stance, dropping as far as 2.51%, their lowest level since January 2018.

The initially fell over half a percent in reaction to the Fed’s decision but recovered during Asian market hours as worries over a disorderly Brexit took its toll on .

2. U.S.-China trade talks progress without progress

U.S. President Trump warned on Wednesday that he will keep tariffs on China in place until he is sure that Beijing is complying with the terms of any trade agreement.

Overnight, however, China sounded more positive on trade developments, confirming that will continue next week.

The Chinese commerce ministry said that U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin will travel to Beijing on March 28-29, while China’s Vice Premier Liu He will then travel to Washington in early April.

3. EU preps for decision on Brexit extension

With the current March 29 deadline for the U.K. to depart the European Union running down to the wire, British Prime Minister Theresa May is scheduled to meet with the bloc’s 27 other heads of government at the EU summit at 10:00 AM ET (14:00 GMT).

May is currently seeking an extension until June 30 to work further on a withdrawal agreement.

However, the other member states must all approve such an extension. Reports suggest that they will only allow the deadline to be pushed back to May 22, the day before elections to the European Parliament.

4. Oil holds above $ 60 despite profit-taking

but U.S. crude remained above the $ 60 level it breached a day earlier for the first time since November.

fell 12 cents, or 0.20%, to $ 60.11 by 5:46 AM ET (9:46 GMT), while traded down 3 cents, or 0.04%, to $ 68.47.

Despite profit-taking on Thursday, WTI oil is still up more than 5% this month and has skyrocketed more than 30% in 2019 on support from production cuts from OPEC and its allies led by Russia.

U.S. sanctions on Iran and Venezuela have also served to support oil prices, while the largest decline since last July in U.S. stockpiles pushed West Texas Intermediate past the $ 60 resistance level.

Read more: – Ellen R. Wald

5. Nike Profit Seen Rising

The big earnings report on Thursday comes after the close when the athletic shoe, apparel and equipment maker Nike (NYSE:) reports fiscal third-quarter earnings.

Nike is expected to report 64 cents a share in for the quarter, down from 68 cents a year ago, according to analysts polled by Investing.com. Revenue for the component is expected at $ 9.58 billion, up 6.7% from a year ago. The stock, up more than 16% this year, has been the sixth-best Dow performer.

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Day Ahead: Top 3 Things to Watch

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Investing.com – Here’s a preview of the top 3 things that could rock markets tomorrow.

1. How Badly Are European Economies Weakening?

Germany will offer a clue to European economic strength when it releases revised data at 8 AM German time (07:00 GMT) on fourth-quarter gross domestic product. The from economists surveyed by Investing.com is that the German economy remained flat in the quarter, the same as the earlier estimate.

As important is the 10 AM German time (09:00 GMT) German IFO Business Climate Index. The last five reports have shown the index declining. The of economists surveyed by Investing.com is for the index to fall slightly to 99 from 99.1.

The European Union will release a report revising its consumer price index at 10:00 GMT. The forecast is for a 1.1% gain, unchanged from a Feb. 1 estimate.

Lastly, European Central Bank President Mario Draghi is scheduled to speak while receiving an honorary degree at the University of Bologna in Italy. The speech is at 10:30 AM Italian time (09:30 GMT).

European economies have been struggling over the last year because of worries about Brexit and slowing economic growth overall.

2. Federal Reserve Officials Set to Speak

Many members of the Federal Open Market Committee, the Fed’s rate-making body, will speak on Friday.

The two most important speeches are likely to be:

– Vice Chairman at 12:00 PM ET (17:00 GMT) on “The Federal Reserve’s Review of Monetary Policy Strategies, Tools, and Communications,” at the U.S. Monetary Policy Forum in New York.

– , the Fed’s Vice Chairman for Supervision, on “The Future of the Federal Reserve’s Balance Sheet,” also at the U.S. Monetary Policy Forum. He speaks at 1:30 PM ET (18:30 GMT).

3. Earnings Reports Thinner, but Still Coming

The crush of reports from the December quarter are starting to wind down.

Look for reports from:

– Royal Bank Of Canada (NYSE:).

– AutoNation (NYSE:), the big national automobile dealership chain.

– Real estate investment trust WP Carey (NYSE:.

– Natural gas transporter Cheniere Energy Partners (NYSE:).

– Ruth’s Hospitality Group (NASDAQ:), the parent of the Ruth’s Chris Steakhouse chain.

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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Economic Calendar – Top 5 Things to Watch This Week

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Investing.com – Market participants are bracing for heightened volatility as the coming week will be dominated by several market-moving events.

The Federal Reserve will hold its first policy meeting of the year on Tuesday and Wednesday, with investors hoping for more clues on how patient it will be before raising interest rates again.

There is also the January jobs report on Friday, with the effects of furloughed government workers potentially impacting the unemployment rate.

In earnings, results from Apple (NASDAQ:) on Tuesday, Microsoft (NASDAQ:) on Wednesday and Amazon (NASDAQ:) on Thursday will be high on the agenda.

Meanwhile, markets will be keeping abreast of the next round of trade talks between the U.S. and China to see if any more news materializes amid recent signs the world’s two biggest economies are working to resolve their differences.

Elsewhere, Brexit will also occupy minds as British Prime Minister Theresa May attempts to win support for her tweaked divorce deal in parliament.

Ahead of the coming week, Investing.com has compiled a list of the five biggest events on the economic calendar that are most likely to affect the markets.

1. Federal Reserve Rate Decision

The is not expected to take action on interest rates at the conclusion of its two-day policy meeting at 2:00PM ET (19:00 GMT) on Wednesday, keeping it in a range between 2.25%-2.5%.

Fed Chair will hold what will be a closely-watched press conference 30 minutes after the release of the Fed’s , as investors look for greater signs of the central bank’s likely rate hike trajectory through the rest of the year.

Any hint that the central bank is closer to ending its runoff will also be in focus.

The Fed raised interest rates four times last year and has signaled it will probably lift borrowing costs twice in 2019, though some central bank officials have said they will be patient and cautious in raising rates as risks to the U.S. economy mount.

2. U.S. Jobs Report

The U.S. Labor Department will release the nonfarm payrolls report for January at 8:30AM ET (13:30 GMT) on Friday.

The consensus forecast is that the data will show jobs growth of , after adding 312,000 positions in December, while the unemployment rate is seen dipping to from 3.9%.

However, most of the focus will likely be on average hourly earnings figures, which are expected to rise from a year earlier, the same gain reported in December.

This week’s calendar also features data on U.S. personal income and spending, which includes personal consumption expenditures (PCE) inflation figures, the Fed’s preferred metric for inflation.

Other top-tier economic data due this week includes the CB consumer confidence report, ADP (NASDAQ:) private sector payrolls, as well as the ISM surveys on manufacturing and service sector activity.

3. Apple, Microsoft, Amazon Highlight Busy Week of Earnings

Three of the four biggest companies in the world all report in the week ahead, as do about a quarter of the and nearly half the stocks as the fourth-quarter earnings season gathers pace.

Tech bellwethers , , and report respectively on Tuesday, Wednesday and Thursday. Facebook (NASDAQ:), the sixth largest stock by market cap, also reports on Wednesday.

Some of other high-profile tech names reporting this week are Caterpillar (NYSE:), AK Steel (NYSE:), and Whirlpool (NYSE:), all due Monday.

Tuesday sees Verizon (NYSE:), 3M (NYSE:), Harley-Davidson (NYSE:), Pfizer (NYSE:), Lockheed Martin (NYSE:), Advanced Micro Devices (NASDAQ:), and eBay (NASDAQ:) report.

Boeing (NYSE:), McDonald’s (NYSE:), AT&T (NYSE:), Alibaba (NYSE:), Tesla (NASDAQ:), Visa (NYSE:), PayPal (NASDAQ:), Wynn Resorts (NASDAQ:), Qualcomm (NASDAQ:), and (NYSE:) are on the docket for Wednesday.

Results from General Electric (NYSE:), United Parcel Service (NYSE:), Mastercard (NYSE:), Raytheon (NYSE:), Blackstone (NYSE:), Sprint (NYSE:), DowDuPont (NYSE:), Altria (NYSE:), Northrop Grumman (NYSE:), and ConocoPhillips (NYSE:) are due Thursday.

Finally, corporate results from ExxonMobil (NYSE:), Chevron (NYSE:), Merck (NYSE:), Honeywell (NYSE:), Madison Square (NYSE:) Garden (NYSE:), and Cigna (NYSE:) round up the week on Friday.

4. U.S.-China Trade Talks

The United States and China will have in-depth discussions on economic and trade issues during Chinese Vice Premier Liu He’s U.S. visit on Wednesday and Thursday.

That follows lower-level negotiations held in Beijing earlier this month to resolve the bitter dispute between the world’s two largest economies by March 2, when the Trump administration is scheduled to increase tariffs on $ 200 billion worth of Chinese goods.

Washington and Beijing have been engaged in a trade spat for more than a year, with both countries slapping tariffs on several of each other’s products. The standoff has raised concern in the market about a potential in global economic growth.

5. Brexit ‘Plan B’ Debate

Investors will keep a watchful eye on the British parliament’s debate on Prime Minister Theresa May’s proposed , as well as alternative plans put forward by lawmakers, including some that seek to delay Britain’s March 29 exit from the European Union.

The opposition and many ruling party members will likely back an amendment providing for a nine-month extension to Brexit should a deal not be agreed by Feb. 26.

Deliberations are set for Tuesday.

— Reuters contributed to this report

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Economic Calendar – Top 5 Things to Watch This Week

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Investing.com – Trade rhetoric could hang over the market in the coming week, as investors watch further developments surrounding the ongoing trade spat between the U.S. and China.

Headlines on trade were a positive last week, including one that the U.S. was considering and another that China was offering to .

The holiday-shortened week ahead also marks the first big week of the fourth-quarter earnings season on Wall Street, with nearly 60 S&P companies set to report.

On the data front, economic reports will be limited due to the government shutdown. Regularly scheduled durable goods will not be available, but there will be existing home sales data on Tuesday.

U.S. markets will remain closed on Monday for Martin Luther King Jr. Day.

Elsewhere, China will be the first major economy to report when it publishes its GDP numbers this week, amid warnings from analysts that the ongoing trade dispute with the U.S. was likely to drag on economic activity.

Meanwhile, in central bank news, monetary policy announcements from the European Central Bank and the Bank of Japan will be on the agenda, though it’s highly unlikely either will rock the boat policy-wise.

Political headlines will also be in focus as investors watch developments surrounding the , now in its 29th day, and British Prime Minister Theresa May’s .

Another headliner this week will be the in Davos, Switzerland, which kicks off on Tuesday. The forum will not be attended by U.S. President Donald Trump or representatives of his administration as a result of the government shutdown. Theresa May and French President Emmanuel Macron also won’t be in attendance.

Ahead of the coming week, Investing.com has compiled a list of the five biggest events on the economic calendar that are most likely to affect the markets.

1. U.S.-China Trade Optimism

Markets will also be keeping abreast of the ongoing trade spat between the U.S. and China to see if any more news materializes amid recent signs the world’s two biggest economies are working to resolve their differences.

U.S. President said on Saturday there has been progress toward a trade deal with China, but denied that he was considering lifting tariffs on Chinese imports.

“Things are going very well with China and with trade,” he told reporters at the White House, adding that he had seen some “false reports” indicating that U.S. tariffs on Chinese products would be lifted.

“If we make a deal certainly we would not have sanctions and if we don’t make a deal we will,” Trump said.

Chinese Vice Premier Liu He will visit the U.S. on Jan. 30 and 31 for the next round of trade negotiations with Washington.

That follows lower-level negotiations held in Beijing last week to resolve the bitter dispute between the world’s two largest economies by March 2, when the Trump administration is scheduled to increase tariffs on $ 200 billion worth of Chinese goods.

2. Fourth-Quarter Earnings Season Kicks into High Gear

There are about 60 companies reporting earnings in the week ahead, including seven stocks, in what will be the second big week of the fourth-quarter earnings season.

Tuesday sees Johnson & Johnson (NYSE:), Halliburton (NYSE:), Travelers (NYSE:), and Steel Dynamics (NASDAQ:) post results in the morning, while IBM (NYSE:) is due in after the close along with TD Ameritrade (NASDAQ:), and Capital One (NYSE:).

On Wednesday, Procter & Gamble (NYSE:), Comcast (NASDAQ:), United Technologies (NYSE:), Abbott Labs (NYSE:), and Kimberly-Clark (NYSE:) report earnings in pre-market hours, while Ford (NYSE:), Texas Instruments (NASDAQ:), United Rentals (NYSE:), Lam Research (NASDAQ:), and Las Vegas Sands (NYSE:) will post results in the evening.

American Airlines (NASDAQ:), Southwest Airlines (NYSE:), JetBlue Airways (NASDAQ:), Textron (NYSE:), Freeport-McMoran (NYSE:), and Bristol-Myers Squibb (NYSE:) are on the docket Thursday morning. After the close, results are expected from Intel (NASDAQ:), Starbucks (NASDAQ:), Western Digital (NASDAQ:), E-TRADE (NASDAQ:), and Intuitive Surgical (NASDAQ:).

Finally, corporate results from AbbVie (NYSE:), NextEra Energy (NYSE:) and DR Horton (NYSE:) round up the week on Friday.

3. China Q4 GDP

China is to release fourth-quarter GDP figures on Monday morning.

The report is expected to show the world’s second-largest economy grew in the October-December quarter from a year earlier, slowing from the previous quarter’s 6.5% pace and matching levels last seen in early 2009 during the global financial crisis.

The Asian nation will also publish data on December industrial production, fixed asset investment and retail sales along with the GDP report.

Recent data has started to show that China’s economy may be losing steam, raising concerns about the potential fallout from the ongoing U.S.-China trade dispute.

The U.S. has slapped tariffs on more than half of over $ 500 billion in Chinese imports, for which China has retaliated, after several rounds of negotiations failed to resolve U.S. complaints over Chinese industrial policies and lack of market access in China.

4. European Central Bank Policy Meeting

The is all but certain to keep interest rates at their current record low levels at the conclusion of its monetary policy meeting at 12:45 GMT (7:45AM ET) on Thursday.

President will hold a closely-watched press conference 45 minutes after the rate announcement as investors seek further clues on when the central bank plans to start hiking borrowing costs.

After ending its asset-purchase program at its previous meeting in December, markets expected the ECB would follow with a rate rise in the third quarter of 2019.

But a barrage of weak data suggesting growth has slowed prompted traders to push back expectations for a rate hike to the fourth quarter of this year.

This week’s calendar also features flash January PMI surveys on manufacturing and service sector activity, which should give further indication of how the region’s economy is coping with global trade conflicts and messy Brexit negotiations.

5. Bank of Japan Policy Meeting

The is widely expected to keep monetary policy unchanged at its two-day rate review ending on Wednesday, maintaining a pledge to guide short-term interest rates at minus 0.1% and long-term bond yields around zero percent.

It will also issue a quarterly report analyzing Japan’s economy that will include fresh growth and inflation forecasts through the fiscal year ending in March 2021.

BoJ Governor will hold a press conference afterward to discuss the decision.

According to sources familiar with the central bank’s thinking, the BoJ is expected to cut its inflation forecasts to reflect recent declines in oil prices, but maintain its upbeat assessment that Japan’s economy will keep expanding moderately.

— Reuters contributed to this report

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Economic Calendar – Top 5 Things to Watch This Week

© Reuters.  © Reuters.

Investing.com – Trade-related headlines are likely to be the main driver of sentiment this week, as investors look ahead to a meeting between on the sidelines of the G20 summit in Argentina.

Washington and Beijing have been engaged in a trade spat for the most part of the year, with both countries slapping tariffs on several of each other’s imports.

The tariffs have raised concern in the market about a potential slowdown in global economic growth.

Meanwhile, in Europe, will be in focus after European Union leaders endorsed Theresa May’s Brexit plans on Sunday, setting up a showdown with lawmakers in her own country.

Global financial markets will also pay close attention to comments from a handful of Federal Reserve officials, including , for additional insight into the outlook for monetary policy in the months ahead.

The Fed is widely expected to announce its fourth rate increase of 2018 in December, but investors are beginning to question how many rate hikes it can implement next year, having noted the cautious tone creeping into policymakers’ comments of late.

On the data front, there is important third-quarter this week, which should lend further support to the notion that the economy is on solid footing.

Elsewhere, traders will also focus on flash .

In commodities, market players will be watching , which continued their collapse last week to reach their lowest level in more than a year, amid signs of swelling global inventories ahead of an important OPEC gathering next month.

Ahead of the coming week, Investing.com has compiled a list of the five biggest events on the economic calendar that are most likely to affect the markets.

1. Trump-Xi Meeting

With global growth increasingly suffering from frictions over tariffs and trade between the world’s two largest economies, tensions will come to a head when Donald Trump and Xi Jinping meet on the sidelines of a two-day in Buenos Aires, which starts Friday.

It will be the first time the leaders have met since Trump imposed tariffs on $ 250 billion of Chinese imports to force concessions from Beijing on greater access to Chinese markets, forced technology transfer and intellectual property theft. China responded with import tariffs on U.S. goods.

Market players are not optimistic about any progress at the Trump-Xi talks, but are leaving room for surprises. There is hope that both sides will show a willingness to negotiate and hold off on a further escalation of tariffs.

Tensions between the two countries have dominated economic headlines this year, with both sides imposing tit-for-tat tariffs on each other’s products.

Trump has threatened to impose tariffs on all remaining Chinese imports – about $ 267 billion more in goods – if Beijing fails to address U.S. demands.

2. Brexit Developments

European Union leaders gathered in Brussels on Sunday to officially endorse UK Prime Minister Theresa May’s withdrawal agreement on how the UK will leave the bloc in March of next year.

But the EU’s acceptance of the deal has only enraged some pro-Brexit politicians in the UK, who believe that May is making too many concessions to the EU.

That now sets up a showdown between May and lawmakers in her own country, as the UK leader nears a crucial vote on her proposals next month. The Parliamentary vote is likely to be on December 11.

Lawmakers in the opposition Labour party, the Liberal Democrats and the Scottish National Party have all indicated that they will vote against the deal. The Northern Irish DUP (Democratic Unionist Party) party, which is propping up May’s government in Parliament, also said it would vote against it.

Failure could lead to May being toppled as prime minister and significantly raise the risk of a no-deal Brexit.

3. Fed Chair Powell Speaks

A number of Fed speeches will get market attention in the week ahead, as traders watch for further clues on interest rates.

Topping the agenda will be remarks from Federal Reserve Chair Jerome Powell, who will be speaking at the Economic Club of New York at 12:00PM ET (1700GMT) Wednesday.

Speeches from Fed Vice Chair Richard Clarida, Atlanta Fed President Raphael Bostic, Chicago Fed President Charles Evans, Kansas City Fed President Esther George, and New York Fed President John Williams (NYSE:) will also be in focus.

Their speeches will be useful for investors who have been scaling back their expectations for future rate hikes following recent remarks from a number of Fed officials that were interpreted as dovish.

Also on the agenda are of the last Fed meeting, which will be released Thursday.

A fourth rate hike for this year is expected next month, though cautious comments by Fed officials about the global economic outlook suggested the central bank could slow the pace of its monetary policy tightening cycle.

4. U.S. 3Q GDP – Second Estimate

The U.S. Commerce Department is to release revised figures on third-quarter economic growth at 8:30AM ET (1330GMT) Wednesday.

The data is expected to show that the economy grew at a annual rate in the three months ending Sept. 30, a slight upward revision from a preliminary estimate of 3.5%.

Besides the GDP report, this week’s rather light economic calendar also features data on U.S. personal income and spending, which includes personal consumption expenditures (PCE) inflation figures, the Fed’s preferred metric for inflation.

The latest CB consumer confidence survey, as well as the October readings on pending and new home sales will also capture the market’s attention.

Recent data has painted a worrying picture of the U.S. housing market, which is struggling with rising mortgage rates and tight inventory.

5. Euro Zone Flash Inflation

The euro zone will publish flash inflation figures for November at 5:00AM ET (1000GMT) on Friday.

The consensus forecast is that the report will show consumer prices rose , a tad slower than the 2.2% increase a month earlier. The core figure, without volatile energy and food prices, is seen holding steady at , unchanged from the preceding month.

Germany, France, Italy and Spain will produce their own CPI reports throughout the week.

The European Central Bank kept its policy unchanged last month, staying on track to end bond purchases at the end of this year. However, slowing growth, weak business sentiment, and rising political instability have seen markets dial back bets on a December 2019 rate hike.

Fresh comments from ECB President , who is scheduled to speak twice during the week, may shed further light on the ECB’s monetary policy outlook.

Stay up-to-date on all of this week’s economic events by visiting: http://www.investing.com/economic-calendar/

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