The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
Tag - u.s.
Fed Chair Jerome Powell will testify today at 19:05 MT time. This event is crucial for traders as the tone of the speech may set the risk tone for the markets for the next two weeks.
Non-farm payrolls, the most awaited economic report, will be out on March 5 at 15:30 MT time.
The US Services PMI will be out at 17:00 MT time on March 3.
JPMorgan said that flows to Bitcoin funds are significantly weaker than in December. Should traders worry about that? Let’s find out.
Risk assets are recovering after a losing streak in the previous week as progress in the extra US stimulus package improved the market sentiment.
Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.
The Federal Open Market Committee (a department of the Federal Reserve) will publish the detailed record of the recent meeting on February 17 at 21:00 MT time.
The US CPI and Core CPI will be out on February 10 at 15:30 MT time.
Twitter will publish its earnings report on the night of February 9-10. The exact time is February 10, 01:00 MT time (GMT+2). The initial forecast is $0.29 per share.
Ford will publish its Q4’2020 earnings on the night of February 4-5. What to expect?
E-commerce giant eBay will publish its earnings report on the night of February 3-4 (MT time). What should investors expect?