Economic Forecast: Friday closing is important

Here is the list of various economic forecast. Market is experiencing a volatility session. Friday closing is important for monday morning trade. USD: Core PPI m/m at 6:00 PM Measures: Change in the price of finished goods and services sold by producers Released monthly, about 13 days after the month

Read More »

US CPI may hit the market: Gold may test its lower levels

Today is Wednesday and investors are waiting for the CPI data. Furthermore, the actual figure of the inflation rate would be the decider path for the hike in interest rates. Precisely, if there is a hike in inflation then FED will take all the necessary steps to tumble it down.

Read More »

Hike in Inflation numbers may create downside panic

Today, we have a list of various economic forecasts. Furthermore, US CPI comes with maximum importance. If the inflation number rises then we may see a downside panic in the market. GBP : GDP m/m at 11:30 AM Measures: Change in the total value of all goods and services produced

Read More »

Inflation hits hard: Dollar Index is waving at its 20-year high

The dollar index upsurges and it is at its 20-year high. Precisely, the dollar opened high on Monday morning and is currently trading around 107.425. Inflation is hitting the consumer price index which is deteriorating the economy. An upcoming figure for the consumer price index will be released on Wednesday.

Read More »

Today’s Event: BOE Bailey speaks at 7:45 PM

GBP: BOE Gov Bailey Speaks at 7:45 PM Measures: Due to Testifying on the Bank of England Financial Stability Report before the Treasury Select Committee, in London Next Release Jul 12, 2022 BOE Governor Mar 2020 – Mar 2028. Volatility is often experienced during his speeches as traders attempt to

Read More »

US NFP data forecasts may lead Gold towards the North direction

The economy of the US is heading towards recession thereby deteriorating the economic health of the country. There were fears circulating around that country may face recession mode soon if inflation is not controlled. Yesterday, at FOMC meet, the officials announced that there would be a hike in interest rates

Read More »

Economic Forecast at 6:00 PM is crucial for the day

Below is the list of economic forecast. US Non-Farm Unemployment Change data may come worse than before. USD: Non-Farm Employment Change at 6:00 PM Measures: Change in the number of employed people during the previous month, excluding the farming industry Released monthly, usually on the first Friday after the month

Read More »

FED emphasises raising basis points to curb inflation

On Wednesday, Jerome Powell (FED Chair) speaks about the hike in interest rates to curb red hot inflation. Furthermore, to curtail the inflation rate, officials showed concern about the hike in interest rates by 0.50 or 0.75 BPS. High inflation may lead the US economy into recession. Powell states that

Read More »

Economic Forecast: FOMC Meet may bring volatility in the market

Here is the list of various economic forecasts. We are expecting volatility in the market after FOMC meet. EUR: EU Economic Forecasts at 2:30 PM QuarterlyNext Release Nov 10, 2022 This report includes economic forecasts for EU member states over the next 2 years, and covers about 180 variables. Source

Read More »

Economic Indicators: Seems like a sluggish day

Tuesday seems like a sluggish day. Not much economic indicators or events for the day. GBP: BOE Gov Bailey Speaks at 3:30 PM BOE Governor Mar 2020 – Mar 2028. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues As head of the central

Read More »