
The European Central Bank publishes its monetary policy statement that includes an announcement of the interest rate on March 11, at 14:45 MT time.
The European Central Bank publishes the monetary policy statement alongside with an update on the interest rate on October 29, at 14:45 MT time.
Instruments to trade: EUR/USD, EUR/JPY, EUR/GBP
This October brought negative news to the Eurozone. The new wave of coronavirus cases across the Union as well as the uncertain outlook for the GDP growth in the fourth quarter may push the policymakers towards more actions. The officials have already warned the European banks about the possibility of negative rates coming soon. We recommend you to keep an eye on the statement as well as on the comments by the ECB President Christine Lagarde during the press conference at 15:30 MT time. Her remarks about the current performance of the euro and on the possible monetary policy changes will be in focus.
The European Central Bank publishes its monetary policy statement that includes an announcement of the interest rate on March 11, at 14:45 MT time.
Australian GDP rose by 3.1%, exceeding analysts’ forecasts of 2.5%. The Australian dollar climbed after the release, but then joined its peers in falling against the USD.
Risk assets are recovering after a losing streak in the previous week as progress in the extra US stimulus package improved the market sentiment.
Saudi Aramco site was hit by missiles on Sunday - no damage to oil supply was taken, but investor fear drove the price into the upside. Time to trade the cooling off then!
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
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