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
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.