The ECB Monetary Policy Meeting Accounts will be released at 14:30 MT on January 16
Bank of Canada’s Meeting
|Last time the Bank of Canada raised the interest rate by 0.25 percentage point (from 1.0% to 1.25%). That’s why it is more likely that the bank will not increase the rate two times in a row. However, analysts expect two more rate hikes later this year. As central banks usually use their statements to explain monetary policy and economic conditions, the BOC may give some clues about the future rate hike. Remember that rate increases have a positive impact on domestic currency. As a result, any hints on higher rates in 2018 will drive the CAD up, while the absence of such comments will be negative for Canadian currency. The Bank of Canada will announce its monetary policy at 17:00 MT time on March 7.|
We expect the US-China phase one trade deal to be signed on Wednesday and multiple important indicators for the USD. Plus, it is the first week of the earnings reports
The British yearly CPI will be released at 11:30 MT on January 15
Netflix releases its Q4'2019 earnings report on Tuesday at 13:00 MT (11:00 GMT). Are you ready to trade stock on it?
The Bank of Canada (BOC) will release its rate statement alongside the monetary policy report during its meeting on January 22 at 17:00 MT time.
Events in Libya pushed the oil price up. So what's the strategy to benefit from it?