Geopolitical factors and inflation remain the main drivers of financial markets. Let’s see how to use that in trading!
America will announce prelim UoM consumer sentiment on March 11, at 17:00 MT (GMT+2).
The US CPI will come out on March 10, at 15:30 MT (GMT+2).
The ECB will host a press conference on March 10, at 15:30 MT (GMT+2).
On March 4, 2022, the US Bureau of Labor Statistics will publish average hourly earnings, nonfarm employment change (nonfarm payrolls – NFP), and, most importantly, the unemployment rate.
Have a look at the key financial instruments on Monday, February 28. Geopolitics is currently on all news frontlines. Western nations escalated sanctions on Russia for the invasion of Ukraine.
The Bank of Canada will reveal the overnight rate and make a statement on March 2, at 17:00 MT time.
The Reserve Bank of Australia will release the cash rate and make a rate statement on March 1, at 05:30 MT time.
Last week was super intense! Geopolitical turbulence made the Russian ruble the most volatile currency. Gold rose and fell by more than 8000 points each time.
Several economic occasions happened after Russia’s invasion of Ukraine…
Core Personal Consumption Expenditures (PCE) Index is similar to Core Consumer Price Index (CPI), and the US Bureau of Economic Analysis publishes it monthly.
United States Bureau of Economic Analysis will release quarterly preliminary GDP growth on February 24, at 15:30 GMT+2.