5 important events this week will bring us!

5 important events this week will bring us!

  • Speech by the Fed chair Jerome Powell (Tue, 20:00 MT (17:00 GMT time)) – After the dovish Federal Reserve, it would be interesting to hear the fresh comments by Jerome Powell.
  • RBNZ rate statement (Wed, 5:00 MT (2:00 GMT time)) – The Reserve bank of New Zealand will keep its interest rate on hold this time, but we will pay attention to the hints on the future changes to its monetary policy.
  • US final GDP growth (Thu, 15:30 MT (12:30 GMT time)) – According to the forecasts, the level of final GDP growth for the United States will advance by 3.1%. Higher figures will be supportive for the USD.
  • G20 meetings (Friday-Saturday) – The event is highly important as US president Donald Trump and Chinese President Xi Jinping are expected to meet there to discuss trade issues. The positive outcome of the meeting will set the risk mood in the market.
  • Canadian GDP growth (Fri, 15:30 MT (12:30 GMT) – The indicator is expected to increase by 0.2%. If the actual figures are higher, the Canadian dollar will rise.

Hot news:

  • As the market patiently anticipates the meeting between the US and Chinese presidents during the G20 Summit, the risk sentiment in the market has got softer on the comments by the Chinese Commerce Ministry. According to his words, both countries should be willing to make compromises.
  • After the victory of the opposition party in Istanbul mayor election, the Turkish lira has strengthened. This is a big hit to Erdogan’s ruling party.
  • The price for Bitcoin has tested the levels above $11,000 during the weekend.
  • US Secretary of State Mike Pompeo promised significant sanctions on Iran soon. It pushed the oil prices higher.

Similar

Latest news

Evergreen buck heads north

On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…

Gold ascends on Brexit jitters

On Tuesday, gold rallied because uncertainty over the latest developments in Britain’s departure from the EU backed safe haven demand and traders looked ahead for American inflation data to underpin the Fed’s pledge to remain on hold…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera