
Consumer Price Index, Existing Home Sales, US Fed rate decision - all of these things we will discuss in our new review. Don't miss it out!
The ECB will announce the interest rate and hold a press conference on Thursday at 14:45 MT time.
Instruments to trade: EUR/USD, EUR/GBP, EUR/JPY, EUR/CAD
March 12 will be when the ECB gathers for another meeting to hold its monthly press conference and announce its interest rate and monetary policy outlook. As usual, we are not expecting any changes to the rate itself but will look into the details of the verbal message. At the same time, this “as usual” becomes not that usual as the coronavirus damage is yet spreading around, and the Eurozone is still about to discover its effects. When the ECB President Christine Lagarde was asked whether the policymakers were to act on it, she explained that they are watching it very carefully. But, she informed, they still don’t see that the virus outbreak created a “long-lasting shock” which would warrant a rate cut because of distorted supply, demand, and inflation. Hence, lets pay attention to what she says this time – this will guide us through EUR’s performance in the Forex market.
Consumer Price Index, Existing Home Sales, US Fed rate decision - all of these things we will discuss in our new review. Don't miss it out!
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
News is always important part of the market. What do we expect today?
What a day was yesterday! Let’s jump right in!
Credit Suisse's collapse is in focus. What are the consequences of this problem? Let's discuss it here.
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