Stock significantly surged: S&P 500 and Nasdaq reached 6-week highs. The market sentiment may deteriorate today as Johnson & Johnson’s Covid-19 vaccine trails have been stopped because of the unexplained illness.
The Australian jobs data is announced on Thursday at 03:30 MT time.
Riskier assets and gold ended last week with huge gains due to the weak US dollar’s performance. Let’s discuss what will drive the markets today.
The US monthly CPI is announced on Tuesday at 15:30 MT time.
The US dollar keeps falling for the third day in a row, whereas riskier assets are rising. Let’s discuss the main market events and analyze the charts.
Banks are reporting next week: JPMorgan and Citigroup on Tuesday (15:30 MT and 17:00 respectively), and Bank of America on Wednesday (15:30 MT). What do we have in store?
Markets reversed from huge losses, caused by Trump’s tweets yesterday evening. Jump in to get some fresh analytics!
The Federal Open Market Committee (the department of the Federal Reserve) will publish the meeting minutes on October 7 at 21:00 MT time.
The US president is back to White House after three days spent in the hospital. Riskier assets rose, while safe havens dipped.
Jump in for the fresh analysis of EUR/USD, S&P 500, GBP/USD and gold!
The Reserve Bank of Australia will post a rate statement, which contains an update on the interest rate on October 6, at 6:30 MT time.
The market sentiment has switched to risk-on, driving upwards stocks and riskier currencies and weighing on the US dollar.