ONLINE FOREX BROKER
Global security companies along with their smaller Chinese counterparts are jostling for business along Beijing's "Silk Road". That’s a grandiose plan for land as well as sea routes, which connect the world's number two economy with the rest of Asia and beyond.
Representing investments of hundreds of billions of evergreen bucks, the pet project of China’s President Xi Jinping is seen spurring economic surge at home. It’s also considered to be positive for everything from cement makers to steel prices.
Security companies also expect to tap the rush by simply offering to protect thousands of Chinese employees, not to mention the country’s roads, pipelines, power plants and railways.
Of course, it will be quite difficult. However, with executives warning that state-owned companies running or planning projects from Vietnam to Africa sometimes prefer dealing with fellow Chinese and they try to reduce costs to a minimum.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now.
The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
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