The final US GDP will be out at 14:30 MT on March 25.
Tag - u.s.
Let’s discuss the future of the well-known stocks: Amazon, Apple, Facebook, Google, and Microsoft, that form FAANG group.
Most Americans plan to invest the $1400 checks into Bitcoin and stocks!
So many meetings are going to move the currencies!
“Help is here,” Biden tweeted as the House passed the much-awaited $1.9 trillion COVID-19 relief bill.
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
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.