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Britain’s economy recorded its weakest annual growth since 2013 in the second quarter of the year. GDP growth slowed from 1.8% in the first three months of the year to 1.5% in the second quarter. Manufacturing PMI released on Monday missed forecasts. It means that Brexit has its negative impact on the nation’s economy. The Bank of England’s Governor Mark Carney sounded more cautious last week than at the central bank’s last meeting. Most economists think that the BoE will raise its benchmark interest rate in November, but these expectations cooled a bit.
This week traders await earnings of Bank of America and Netflix. In addition, there will be important data releases for GBP/USD. Oil may test yet higher levels. Watch the video to get trade ideas for Forex, stocks, oil, and gold!
After the hawkish FOMC Meeting, traders await more triggers for the US dollar…
How will the Federal Reserve, the Bank of England, the Bank of Japan, and the Swiss central bank move the market? Watch the weekly video to find out and get trade ideas for Forex pairs, oil, gold, and S&P 500!…
More reports, the start of a rally in crypto, outlook for gold and forex. This week is full of impactful releases, and we are here to trade on them.
Gold is about to break the most significant support. The US dollar index keeps gaining momentum. However, the situation might change this week, and we might see a tiny correction. Investors might return to risk-on and push the US stock market indices and cryptocurrencies to the upside. These and more trade ideas are in our new weekly video! Do not miss it!
This week is likely to be pivotal for many assets, including gold, USD, and several stocks. However, we need to be focused and react fast to the ever-changing environment to get the most from it.
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