For a long time, traders considered American Non-farm Payrolls (NFP) the most important release in the market. However, the situation has changed. Now US CPI moves financial markets.
Gold breaks $1,800!
The US jobless claims are less than expected, and the labor market appears to be on a steady recovery path. In the meantime, the global virus update doesn't leave much room for optimism - developing nations are struggling to provide enough beds to infected people. Moreover, the relations between the West and China are becoming tenser - as a result, gold is breaking $1,800! What to do now? Don't catch the flying knife: wait for a correction!
United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on November 5, 14:30 GMT+2.
United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on October 8, 15:30 GMT+3.
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.