United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on October 8, 15:30 GMT+3.
The price for gold has tested the levels above $1,500
The yellow metal reached the highest levels in 6 years amid the global risk aversion. The price has seen steady gains towards the $1,515 level. Now, bears are trying to pull gold down to the $1,473 level. The next support will lie at $1,455.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
The Fed is ready to start tapering in November. Since the markets were expecting this and it wasn’t a surprise, the USD slumped allowing risk-on currencies and gold to rally up.
US Retail Sales will be out on October 15 at 15:30 MetaTrader time (GMT+3).