Second quarter GDP figures are expected to be strong recession signal
Second quarter GDP figures are expected to be strong recession signal Second quarter GDP figures are expected to be strong. Economy is expected to regain the positive momentum and expectations of analysists are of 4.5% compared to 3.1% registered in the first quarter of the year. The monthly reading for June is also expected to […]
Upcoming Market Updates : JPY, GBP, USD
Upcoming Market Updates : JPY, GBP, USD JPY: Monetary Policy Meeting Minutes, It’s a detailed record of the BOJ Policy Board’s meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates. JPY: SPPI y/y, It’s a leading indicator of consumer inflation – when corporations pay more for […]
Upcoming Market Updates : NZD, GBP, EURO, CAD, USD
Upcoming Market Updates : NZD,GBP,EURO, CAD, USD Time 01:30 AM GMT+3 NZD: Business NZ Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers. Time 01:45 AM GMT+3 NZD: CPI q/q, it measures change in the price of goods and services purchased by consumers. Time 02:01 AM GMT+3 GBP: Rightmove HPI m/m, […]
Upcoming Market Updates : GBP,AUD,JPY,EUR, CHF,CAD,USD
Upcoming Market Updates : GBP,AUD,JPY,EUR, CHF,CAD,USD Time 02:01 AM GMT+3 GBP: RICS House Price Balance, it measures level of a diffusion index based on surveyed property surveyors. Time 04:00 AM GMT+3 AUD: MI Inflation Expectations, it measures percentage that consumers expect the price of goods and services to change during the next 12 months. Time […]
Upcoming Market Updates : NZD, EUR, GBP, USD, CAD
Upcoming Market Updates : NZD, EUR, GBP, USD, CAD Time 01:45 AM GMT+3 NZD: FPI m/m, it measures change in the price of food and food services purchased by households. Time 05:00 AM GMT+3 NZD: Official Cash Rate, it measures interest rate at which banks lend balances held at the RBNZ to other banks […]
Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/CHF, USD/GBP
Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/CHF, USD/GBP AUD: AIG Services Index, it measures level of a diffusion index based on surveyed service-based companies. AUD: Trade Balance, it measures difference in value between imported and exported goods and services during the reported month. JPY: 30-y Bond Auction, it measures average yield on a 30-year bond […]
UK Inflation Remains at Multi-Decade Highs, GBP/USD Nudges Higher
UK Inflation Remains at Multi-Decade Highs, GBP/USD Nudges Higher NZD: Trade Balance, it measures difference in value between imported and exported goods during the reported month. JPY: Monetary Policy Meeting Minutes, It’s a detailed record of the BOJ Policy Board’s meeting, providing in-depth insights into the economic conditions that influenced their decision on where to […]
Gold prices fall as the dollar tries to recover
Gold prices fall as the dollar tries to recover Gold prices fell marginally on Tuesday as the dollar recovered slightly after a recent dip, impacting on demand for greenback-priced gold. After reaching to its highest level since May 9 of $1,865.29 on Monday, spot gold dipped 0.2 percent to $1,850.40 per ounce at 0240 GMT. […]
Global stock markets are falling as inflation and economic concerns remain
Global stock markets are falling as inflation and economic concerns remain On Thursday, global shares slumped to an 18-month low, as investors worried that rising inflation would endure, forcing central banks to continue tightening monetary policy. Stocks in the United States closed a choppy session marginally down, as investors juggled concerns over lingering inflation with […]
Gold rates are approaching their lowest in three months, while silver prices are also down
Gold rates are approaching their lowest in three months, while silver prices are also down Gold prices in plummeted to near three-month lows ahead of the release of monthly US inflation statistics, which experts believe would have an influence on the Federal Reserve’s monetary policy stance. Later in the day, at 6 p.m., the US […]
Upcoming Market Updates
Upcoming Market Updates : AUD,JPY,CHF,EUR,USD Time 01:30 AM GMT+3 AUD: AIG Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers. Time 03:30 AM GMT+3 JYP: Final Manufacturing PMI, it measures level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. Time 04:00 AM GMT+3 AUD: MI […]
XAU/USD bulls advance but may run on empty product
XAU/USD bulls advance but may run on empty product Gold (XAU/USD) took advantage of the greenback’s bid as Asian stocks rallied on Wednesday on the back of a strong equity performance on Wall Street. US Treasury yields are holding highs near multi-year highs ahead of this week’s closely watched US inflation data. The DXY, an […]
EUR/USD to recover soon after a slow down
EUR/USD to recover soon after a slow down The currency pair EUR/USD will be soon back on track and will challenge its top figures of 1.1616 that were once achieved. The exchange rate is also expected to improve as the European Central Banks are going to make changes in the interest rates of the nation […]
Taliban’s Economy on Stake, People Dependent on Former Economic Experts
Taliban’s Economy on Stake, People Dependent on Former Economic Experts In the good old days, the country of Taliban used to have 250 members in their parliament that used to make economic decisions for the community and used to have a relation with 40 countries in the world but now it’s only 50 representatives left. […]
Bitcoin dumped from $40,000 to sub-$37,000
Bitcoin dumped from $40,000 to sub-$37,000 Major forex rates were curbed today, exchanging tiny reaches and there is the minimal net change from late US levels. Watching the Olympics is by all accounts on numerous plans, particularly while anticipating the Federal Reserve’s Federal Open Market Committee articulation and Powell’s question and answer session on Wednesday […]
EUR/USD: Seesaws inside a month to month falling wedge underneath 1.1800
EUR/USD: Seesaws inside a month to month falling wedge underneath 1.1800 The EUR/USD pair trades at the lower end of its week after week range, negative in the close to term. The 4-hour diagram shows that the pair planned to break over the top of the relative channel that guides cost since June. The pair […]
EUR/USD prints falling wedge around key support line close 1.1800
EUR/USD prints falling wedge around key support line close 1.1800 Generally, EUR/USD is moving downwards. As of late, EUR/USD neglected to break the resistance zone of 1.18200 because of a worldwide worry in a bounce-back in COVID cases. The EUR/USD pair holds the negative position notwithstanding bobbing from its intraday low. The Momentum pointer recuperated […]
Australian unemployment rate drops under 5%
Australian unemployment rate drops under 5% NZD/USD is down likewise, however by a bigger number of pips. EUR, GBP, CAD, CHF are on the whole down against the huge dollar by shifting (limited quantities) moreover. Yen has dealt with a little addition against the USD. The Australian dollar was minimally pestered by the information discharge, […]