
Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
In August, British construction sector activity suddenly went down, reaching a one-year minimum and also affecting optimism over the UK economy, as industry data revealed on Monday.
Market research firm IHS Markit along with the Chartered Institute of Purchasing & Supply reported that the previous month their British construction purchasing managers' index went down to a seasonally adjusted 51.1 from July’s outcome of 51.9.
Financial experts had expected the index to soar to 52.0 in August.
By the way, on the index, a result above 50.0 traditionally stands for expansion, while an outcome below 50.0 suggests contraction.
IHS Markit stressed that a sturdy ascend in house building was compensated by a marked dip in commercial work and also added that new business edged down for the second month running.
Reacting to the report, the currency pair GBP/USD hit 1.2942 versus 1.2945 ahead of the publication.
Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
Today traders await the US inflation data to be out at 15:30 MT. Jump in to get fresh trade ideas for today!
The American inflation rate is announced on Tuesday at 15:30 MT. It’s an important event for traders as it will impact hugely currency pairs with the USD.
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
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