Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
In August British manufacturing PMI suddenly picks up pace
In August, manufacturing activity in Great Britain suddenly edged up, reaching a four-month maximum and spurring optimism over the UK economy, as industry data revealed on Tuesday.
According to a newly-issued report, market research group IHS Markit states that the previous month its British manufacturing PMI went up to a seasonally adjusted 56.9 from an outcome of 55.3 in July that was updated from an original 55.1.
Financial experts had expected the PMI to go down to 55.0.
On the index, a result higher 50.0 stands for industry expansion. On the contrary, if it’s below, it indicates contraction.
Aside from that IHS Markit stressed that the improvement took place because of a strengthening of fresh order inflows. Moreover, a broad-based expansion was observed across all product categories.
The research group also stressed that input price inflation inched up for the first time for seven months.
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.