Most Americans plan to invest the $1400 checks into Bitcoin and stocks!
USD strengths but for how long?
2021-01-14 • Updated
Ichimoku Kinko Hyo
AUD/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.
XAG/USD: Silver is consolidating above 23.6% retracement area and price action remains weak.
EU Market View
Asian equity markets traded mixed with cautious gains in the major regional bourses after the tech-rebound on Wall St. and better than expected Chinese trade data. Fed's Brainard said she expects Fed's current pace of asset purchases to remain appropriate for quite some time. Looking ahead, highlights from the macroeconomic calendar include ECB minutes, US weekly jobs data, OPEC, President-elect Biden is to unveil his stimulus package, Fed's Powell, Rosengren, Bostic, Kaplan speeches.
EU Key Point
- Germany reports deadliest day of the pandemic with 1,244 deaths in latest update today
- World Health Organization team has arrived in Wuhan to probe into the origins of the coronavirus
- China's President Xi has asked Starbucks' Schultz to help promote US-China cooperation
A few months ago, USD/CHF was at strategic lows of 0.88. Recently, it beat 0.90 and aims higher. What's happening?
In a few days, primary Forex currencies will hear what their respective central banks think about the future - and we're about to trade it!
PepsiCo will publish its financial results for the first quarter of this year on April 15 at 13:00 MT. Be prepared!
Coca-Cola reports its quarterly earnings for the first quarter of 2021 on April 19, 12:30 MT time. What will be the possible impact on the stock price?
Stocks of tech and auto sectors are in the focus of traders these days due to the global chip shortage. Let’s find out what is going on with chips and why it’s important for traders.