Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
Optimism dips at British services companies
Optimism across the UK services sector went down for the last three months to August, and British companies perceived the pinch from ascending costs notwithstanding fresh business mostly held up, as an industry poll revealed on Tuesday.
The Confederation of British Industry's quarterly informed that the services sector, producing the vast bulk of economic output in Great Britain, demonstrated that confidence dipped in both consumer and business sectors.
The previous week official data showed Britain's economy faced weakness on all fronts for the three months to June. Shoppers were definitely affected by the pound's dip, exports unable to fill the gap as well as business investment suppressed by Brexit uncertainty.
While the overall volume of activity at business as well as professional services companies strengthened to its highest value since May last year for the last three months to August, it slumped in consumer services companies.
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.