The Fed is ready to start tapering in November. Since the markets were expecting this and it wasn’t a surprise, the USD slumped allowing risk-on currencies and gold to rally up.
Australian Retail Sales
|This is a very important economic indicator. It presents the earliest look at consumer spending data and allows to make predictions about the country’s GDP. This year, the Australian dollar has been under pressure. If global trade tensions escalate, it will suffer even more. As the Reserve Bank of Australia is not going to raise an interest rate in the near future, the AUD can be only supported by the positive economic data. Let’s look if the figures are positive at 4:30 MT time on April 4.|
Australia will release employment change and an unemployment rate on Thursday, October 14, at 03:30 MT (GMT+3).
What will happen? Reserve Bank of Australia will announce the interest rate at 07:30 (GMT+3) on Tuesday, September 7…
The United States will release the weekly Unemployment Claims on October 21, at 15:30 MT time (GMT+3).
Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?