📌 US inflation has once again worried the global market. America’s inflation has reached around 9%, which is the highest in the last 40 years. 📌 US consumer sentiments have also suffered a major setback due to inflation and have come to a standstill near 50. If the consumer confidence
An explosion took place in Texas on Wednesday. The fire caused at Freeport liquefied natural gas export terminal thereby threatens the supply chain for upcoming months. As a result, prices of natural gas in the UK and Europe bounced up in the early trading session on Thursday. However, the fire
Below is the list of various economic data. But today, we need to focus on monetary policy of Europe. However, conditions of Europe are bad. A press conference would take place as their agenda of conversation is monetary policy. EUR: Main Refinancing Rate at 5:15 PM Measures: The interest rate
From the last few trading sessions, precious metals are trading in a very tight range and there is no major news in the market. Crude oil moved up sharply while Natural gas crashed from the top. Global tensions are on but this time there is a tension of inflation. Countries
Below are the various economic indicators which may impact the overall health of the economy. As a result, leading an influence on all commodities. USD: Average Hourly Earnings m/m at 6:00 PM Measures: Change in the price businesses pay for labor, excluding the farming industry; Released monthly, usually on the
Below is the list of core indicators. Non-farm employment change comes with utmost importance. However, if the forecasted figure matches with the actual one then that may create pressure on bullions. USD: ADP Non-Farm Employment Change at 5:45 PM Measures: Estimated change in the number of employed people during the
Today, we have a list of numerous economic core indicators which may determine the overall trend of the market. USD: Core Durable Goods Orders m/m at 6:00 PM Measures: Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items Released monthly, about
Here are several economic data which may decide the momentum of the market. EUR: German ifo Business Climate at 1:30 PM Measures: Level of a composite index based on surveyed manufacturers, builders, wholesalers, services, and retailers Released monthly, around 3 weeks into the current monthNext Release Date: June 22, 2022
The most terrified word Inflation seems to be in a controlling phase. Looking into the CPI data the figures are much more satisfying but still unable to beat the forecasted figure. Thus, less than an economist hoped but still good for our economy. Earlier the inflation rate was 8.5 percent
Here are several economic data which may decide the trend of the market. ECB President Lagarde Speaks at 1:30 PM Measures: Due to deliver opening remarks at the conference to mark the 30th anniversary of the Bank of Slovenia, in Ljubljana ECB President Nov 2019 – Nov 2027. Volatility is
