The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
Tag - trading the news
US democrats are planning to unveil $2.2 trillion dollars to support the economic activity. That announcement improved the market sentiment after the worse-than-expected US unemployment claims. Jump in for the analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
Services and Manufacturing PMIs are out on Wednesday at 11:30 MT time.
After yesterday's equity sell-off things are looking mixed in the Asian session this morning.
Follow Canadian core retail sales on September 18 at 15:30 MT time!
The Federal Reserve wraps up its regular two-day policy meeting, with the publication of its post-meeting statement at 2 PM ET (1800 GMT), and Chairman Jerome Powell’s press conference half an hour, as usual.
The US President is positive that the vaccine will be delivered in a month time. Time to prepare!
Keep an eye on the UK monetary policy statement on September 17 at 14:00 MT time!
The market calms down ahead of the Fed’s statement this evening.
The FOMC will make a statement on September 16 at 21:00 MT time!