US President Joe Biden is expected to unveil a huge infrastructure package today, which will add fresh volatility to markets. Read to get fresh trade ideas!
According to the recent report by the Australian Department of Industry, the country is forecast to earn around 136 billion Australian dollars from the ore exports this year.
Canada will publish the monthly GDP growth on March 31, at 15:30 MT time.
Oil plunged after the ship blocking the Suez Canal was partially re-floated. A $20 billion wave of block trades hit markets on Friday.
Nike has dropped to lows unseen since November of 2020 as it faces a boycott in China over Xinjiang's cotton issues.
The US dollar is heading for the best week in three. The market sentiment is mixed as optimism about the global economic recovery was outshined by increasing tensions between the West and China.
Chinese stocks were pressed by the US plans to kick them off US stock exchanges. Alibaba has already plunged by 4% in pre-market hours.
A huge container carrier blocked the entire Suez canal. Among many, there are oil tankers waiting to continue their way through the canal. How is WTI price reacting?
UK retail sales will be out at 9:00 MT on March 26.
Rising yields, potential US tax hikes, and inflation fears worry investors. As a result, the market sentiment is risk-off. Stocks are falling, while the USD and the JPY are edging higher.
Bitcoin skyrocketed 5% after Tesla’s founder Elon Musk officially announced it will accept the cryptocurrencies as payment.
The final US GDP will be out at 14:30 MT on March 25.