Hello, and welcome to the last week of August. We found the best news and collected the most impactful events for you to stay on the top of the market. Let’s go!
Important release in Australia
AUD/USD is a dynamic and interesting currency pair. If you trade it, you will certainly need to know about an important economic release that will take place at 04:30 MT time on August 30.
Australia will publish private capital expenditure figures. To put it simply, this indicator shows how much money Australian companies spend to develop their business. This is a leading indicator of the country’s economic health. It’s released once in 3 months, so its impact on the AUD exchange rate is high. The last 2 times, the indicator missed the forecasts, and the AUD declined.
• If the indicator is higher than expected, the AUD will gain.
• If the indicator is lower than expected, the AUD will fall.
Australian central bank unexpectedly left the rate at the same level. The German economy is slowing down. What's happening in the markets? Let's look at our new digest.
Next week is the first week of the new month. We will see lots of different news from the US. What's going on and what to expect from the markets? Check our new digest.
US stock markets started falling, while the US dollar is rising. What to expect from
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.