What to Trade on August 22–26?
How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3 Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…
US ELECTION: ahead of day 3
The scores
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?
Source: Bloomberg
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.
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Market Outlook For February 21-25
Last week was full of surprises! The US dollar plunged despite a better-than-expected retail sales report…
Latest news
Post-Fed Releases for USD & CAD Traders
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
FED and BOE Make Another Attempt to Beat Inflation
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.
Will the UK and US Cope with Inflation?
Every week we expect many interesting events that can shake the market.
