The Checklist of Economic Updates

Here is the checklist of economic updates. The movement of market depends upon various factors, emotional sentiments, important news, events, data etc. FOMC Member George Speaks at 12:00am Measures: Due to speak about energy and the economy at the New Energy Landscape conference, in Houston FOMC voting member 2013, 2016,

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Crude Oil extends for losses as China raise demand concerns

The prices of crude oil witness losses for four consecutive trading sessions. Furthermore, China being the largest importer of crude raise demand concerns during Covid-19 curbs. China is heading towards zero covid policy which induces stringent lockdowns and social isolation. Moreover, several cities of China is battling with the deadly

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Checklist of Economic Data which may turn market volatile

Here is the checklist of economic data which may influence the situation of the market. Today we have numerous data so we may expect a high volatility in an evening trading session. USD: FOMC Member Waller Speaks at 12:30pm Measures: Due to speak about central bank digital currencies at Queensland

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Silver metal – resuming upward growth

Silver, the precious white metal, seems to be getting its sheen back. The upward growth of 15% in the past three weeks, has proved to be the metal’s best performance ever as of date. The metal seems to have hit a high and a plateau in the first week of

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Amid election Gold upsurges above $1700 whereas dollar weakens

On Wednesday, the prices of Gold mounted to a one-month high thereby weakening the dollar. Amid US election the sudden demand of the yellow metal surges with an increase in metal prices on broader side. Furthermore, this week dollar weakens and made a low thereby aiding the metal market. If

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Specific Events: Market may turn volatile

Here is the checklist of specific events which may turn the table of market into volatility. USD: Philly Fed Manufacturing Index at 6:00 PM Measures: Level of a diffusion index based on surveyed manufacturers in Philadelphia Released monthly, on the third Thursday of the current monthNext Release Nov 17, 2022

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Leading Indicators helps in deciding the trend of the market

Here is the checklist of leading indicators which helps analyst to decide the trend of the market. GBP: CPI y/y at 11:30 AM Measures: Change in the price of goods and services purchased by consumers Released monthly, about 16 days after the month ends Next Release Date Nov 16, 2022

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USD: Empire State Manufacturing Index at 6:00 PM

Today we do not have much major data except state manufacturing index. USD: Empire State Manufacturing Index at 6:00 PM Measures: Level of a diffusion index based on surveyed manufacturers in New York state; Released monthly, around the middle of the current month of Manufacturing Index;Next Release Date Nov 15,

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