Russian-Ukrainian conflict is influencing every economic aspect…
US ELECTION: ahead of day 3
So it seems that the mail-in ballots have tilted the table in favor of Joe Biden. There is no conclusion to the story yet, but the visuals speak for themselves: Joe Biden is slowly taking over the score. And the markets?
In general, it got a bit quiet: no sudden movements across the currency pairs on Wednesday close. The USD eventually ended the day on a softer note but currently it seems to be stepping into the correction zone to gain back some value. Gold floats below $1 910 in a local consolidation, and oil eased the bullish rush and bounced a bit down from $39.
Last week was full of surprises! The US dollar plunged despite a better-than-expected retail sales report…
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.
The Fed Chair Jerome Powell will testify on the Semi-Annual Monetary Policy Report before the House Financial Services Committee on June 22-23 at 17:00 GMT+3.
Canada will publish Retail Sales and Core Retail Sales on June 21 at 15:30 GMT+3.