Several largest American companies will publish their financial results this week. BTCUSD and XAUUSD are skyrocketing. What's going on in the markets?
US CB Consumer Confidence
|US consumer confidence seemed to be strong during the summer months. In July, consumer confidence index rose to a 16-year high, although a drop was expected. It’s now time to see whether political problems of Trump’s administration and global risks have changed this situation. The Conference Board will release the index for September at 17:00 MT time on September 26.|
|The level of consumer confidence has a direct impact on household spending and, consequently, on the economy’s health in general. This release will be a Forex market mover and an opportunity to trade the USD.|
The dollar's status as the world's reserve currency could only be recovered if the US controls its spending. The huge budget deficit and rising interest rates on the US national debt should scare every American, analysts say. Read the full report to learn more!
Chinese investors are selling the UST. Meanwhile, the earning season continues. What's going on in the markets?
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!