Chinese HK50 turned up, the USD is supported by strong retail sales figures, gold will try to consolidate after a decline, and oil needs correction.
The day of the British pound
While the GBP is preparing to see some news from the Bank of England and the political circles, the market is rather quiet and indecisive today - let's see the trends around.
CPI data surprises the market, the Chinese economy is in danger because of the Evergrande debts and more in our new Trading Plan for September 15.
The pressure on the tech firms coming from the Chinese regulator has increased, while the USD got stronger ahead of the European trading session…
This week there are reasons to expect volatility for the USD and S&P 500…
The USD strengthened last week. What awaits EUR/USD, GBP/USD, and USD/JPY on Monday? Brent oil (XBR/USD) opened with a gap up. China says Bitcoin transactions are illegal, but BTC doesn't care much. Watch the video to learn more!
Turkey's Central Bank has cut the rates, plunging the lira against all currencies. Also, BoE is hawkish on QE and rate hikes. Bitcoin will be used even more widely. What else do we have for this Friday? All answers are in the video!