This week we will see two CPIs, five PMIs, and a dozen statements from banks governors from all over the world. Why do you need to follow these releases? Because it is a perfect opportunity for markets to gain volatility and for you to earn on this volatility.
Weekly Market Outlook: December 2-6
Happy winter, everyone! FBS hopes it brings you a lot of good trades. To start this December productively, we prepared a weekly outlook of the market. Watch it to find out the main events for the Australian dollar, the date of the BOC rate statement and the indicators for the USD. And, of course, do not underestimate the job reports for the US and Canada.
A new week starts with fresh tops of the oil market, crypto, and bond yields…
Market news for the first week of December
After the US CPI last week came out above the forecast, traders started expecting a 75-basis point rate hike…
In this video, we will talk about the potential change of a trend in the euro, another stock rally amid a global downtrend, gold prospects, and news that shakes the world right now. It’ll be a helpful video you don’t want to miss.
The Federal Reserve speeds up its quantitative tightening, and this is certainly bullish news for the USD. At the same time, this is a negative factor for the American stocks, which have entered their seasonally worst month.