Economic Updates: Sentiments may lead the market

Here is the list of economic updates. Today we do not have major economic updates but lets wait for the outcome 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

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Gist of FOMC MEET and its Impact on metals

FOMC HIGHLIGHTS… Interest rate hike by 0.75% Project to 4.4% by the end of 2022 Impact on Gold and Silver Weekly Closing seems important Next FOMC meet 13-14 Dec Stay tuned with us Don’t miss to subscribe our Commodity Samachar…!!

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Economic updates: Volatility may persist till an upcoming FED meet

Today we have two major economic updates which may influence the market. Furthermore, volatility may persist till an upcoming FED meet. GBP: Retail Sales m/m at 11:30 AM Measures: Change in the total value of inflation-adjusted sales at the retail level Released monthly, about 20 days after the month endsNext

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Significant events: All eyes on manufacturing index

Here is the list of significant events which may create volatility in the market. Furthermore, data on manufacturing index comes with vital importance. USD: Core retail Sales m/m at 6:00 PM Measures: Change in the total value of sales at the retail level, excluding automobiles Released monthly, about 16 days

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Amid Covid-19 Lockdowns in China Crude oil prices slipped

Last week we witness a sharp drop in crude oil prices due to an extension of lockdowns in the city named Chengdu. Furthermore, uncertainty in demand and supply discounted the market and become the major reason for the fall in prices. China is the leading importer of crude oil worldwide.

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Economic Indicators: Turns the market volatile

Here is the checklist of economic indicators. Yesterday, CPI data crashed the market globally. Oil prices made a sharp decline and we witnessed a fall in prices. Today, we have the data on crude oil inventory. Actual figure awaits. GBP: CPI y/y at 11:00 AM Measures: Change in the price

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Economic events: CPI data comes with maximum importance

Here is the checklist of economic events which may impact the market. CPI data comes with significant importance. USD: CPI m/m at 6:00 PM Measures: Change in the price of goods and services purchased by consumers Released monthly, about 16 days after the month ends Next Release Date Oct 13,

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Today’s major event: GBP – GDP q/q at 11:30 AM

Today we do not have any major event which may influence the market. GBP : GDP q/q at 11:30 AM Measures: Change in the total value of all goods and services produced by the economy Released monthly, about 40 days after the month ends Next Release Oct 12, 2022 It’s

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