Canada will publish the employment change and the unemployment rate on July 10, at 15:30 MT time.
Trade, bubbles and major banks threaten the 2018 status quo
After a year of relatively healthy global economic surge, financial experts are predicting the same for 2018, although with minor sight of the three bears.
The very idea is that all is quite much on track for surge, which will be firmer than this year.
Part of this might come from the fact that experts generally got it wrong the previous year, under clubbing 2017’ economic performance, especially for Japan and the euro zone.
The International Monetary Fund saw this year’s global surge at 3.4%, with advanced economies gaining 1.8%. Previously the IMF had the euro zone and Japan soaring respectively 1.5% and 0.6%. Currently it has those regions at respectively 2.1% and 1.5%.
In December, the IMF told that faster surge is reaching approximately ¾ of the world's population.
The given performance has made some market experts optimistic. They tell that for the last 30 years global surge has demonstrated the most impressive self-reinforcing characteristics.
The market takes breath after the long rally. What opportunities do traders have today?
The United States will publish a weekly update on unemployment claims on July 9, at 15:30 MT time.
Risk-on is back on the market. Riskier currencies and stocks are in favor. Gold is rising too as investors try to hedge.
Riskier currencies and stocks are in favor of investors. Surprisingly, gold rallies too. Let’s have a closer look.
Congratulations! Gold has just opened a new era... or, rather, reopened...