US warns European companies with sanctions | 14/05/18

[IronFX The Global Leader in Online Trading]( 14th May 2018 [start trading]( [open demo account]( All trading involves risk. It is possible to lose all your capital. Main Points of Today US warns European companies with sanctions - US national security advisor John Bolton, stated yesterday that European companies and countries that continue to do business with Iran could face sanctions. - Media also suggested that, the US secretary of state Mike Pompeo said that he remained hopeful of Washington and it’s allies could strike a new deal with Iran. - For the time being China, France, Russia, Britain, Germany and Iran seem to uphold the Iran nuclear deal. - Should there be further headlines about possible sanctions on European companies we could see volatility rising. May says “Trust me on Brexit” - UK PM May stated yesterday that she could be trusted to deliver Brexit however compromises are necessary from all sides. - On other headlines the French foreign minister stated that the June EU summit is the ultimate deadline to make progress on the Irish border issue. - The EU June summit seems to be also a deadline for the UK remaining in leadership of current EU’s Common Security and Defense policy missions. - Should there be further negative headlines about Brexit we could see the pound weakening. Today’s other economic highlights - Speakers: FOMC members Loretta Mester (06:45, GMT) and James Bullard (16:40, GMT) speak. Also the OPEC monthly report is to be released today and could cause volatility on Oil prices. As for the rest of the week: - Tuesday: China’s Industrial Output and Retail sales for April, Germany’s and Eurozone’s preliminary GDP for Q1, UK employment data for March, Germany’s ZEW economic sentiment for May and US Retail Sales data for April are due out. - Wednesday: Japan’s preliminary GDP for Q1 and Eurozone’s final CPI rate for April are to be released. - Thursday: Australia’s employment data for April could move the market - Friday: Japan’s and Canada’s Inflation data for April are due out. [Download full report]( THE MARKET EUR/USD [Image title] - Support: 1.1882 (S1), 1.1806 (S2), 1.1715 (S3) - Resistance: 1.1978 (R1), 1.2135 (R2), 1.2282 (R3) GBP/USD [Image title] - Support: 1.3500 (S1), 1.3425 (S2), 1.3330 (S3) - Resistance: 1.3600 (R1), 1.3665 (R2), 1.3750 (R3) [View all Market insights]( [View IronFX Week Ahead report]( Economic Calendar Prepared by: Peter Iosif [Facebook]( [Linkedin]( [Instagram]( [Twitter]( [Google+]( [YouTube]( - Tel: +44 (0) 20 3282 7777 - Email: support@ironfx.com Disclaimer: This information is not considered as investment advice or investment recommendation but instead a marketing communication. High Risk Trading Warning: Our services include products that are traded on margin and carry a risk of losing all your initial deposit. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance and your level of experience on these products. Trading with high leverage level can either be against you or for you. Margin products may not be suitable for everyone and you should ensure that you understand the risks involved. You should be aware of all the risks associated in regards to products that are traded on margin and seek independent financial advice, if necessary. Please read IronFX’s Risk Disclosure statement. Licences and Authorisations IronFX is a trade name of Notesco Financial Services Limited (formerly IronFX Global Ltd). Notesco Financial Services Limited is authorised and regulated by CySEC (License no. 125/10) Group Licences and Authorisations 8Safe UK Limited is authorized and regulated by the Financial Conduct Authority (FCA no. 585561) GVS (AU) Pty Limited is authorized and regulated by ASIC (AFSL no. 417482) IronFX does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. [Unsubscribe](