
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
GBP traders get a lot to think about. The pound’s affected by Brexit deal negotiations and the policy of the Bank of England. The most recent statements of British central bank implied that it is thinking about raising the benchmark interest rate, although everything depends on how good the British economic data are.
If the UK economy shows its strength, the central bank will raise the rate and the GBP will strengthen. On the contrary, if economic indicators disappoint, the regulator will have to delay a rate hike.
Manufacturing production is one of such key economic indicators. It will be released at 11:30 MT time on July 10.
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
The US Consumer sentiment will shake the market today. We are back with more news for you to enjoy!
Today, the US Inflation release at 15:30 GMT+3 will determine the further destiny of the major pairs and gold. The event is highly impactful, as the Federal Reserve will make decisions regarding further rate hikes based on it. Also, we brought you some news about XAUUSD and GBPUSD. Stay tuned!
Saudi Arabia agreed to cut oil production. What will happen with the oil price now?
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
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