Leading indicators: Impact on Commodity Market Globally

Here is the list of leading indicators which may impact the commodity market globally. 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 first Friday after the month endsNext Release Date Nov 4,

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Impact of OPEC+ Deal On Global Crude Oil Market

Last Thursday witnessed a massive rise in crude oil prices for the fourth time this year. As a result, OPEC revised its policy to cut the overall supply of crude globally to deal with this price rise. After 2020, this will be the largest reduction in crude oil production, leading

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Economic updates: Unemployment Claims @ 6:00 PM

Here is the list of Economic updates which may impact the psychological sentiments of the market. Today we have major data i.e. Unemployment claims at 6:00 PM. EUR: ECB Monetary Policy Meeting Accounts at 5:00 PM 8 times per year, 4 weeks after the Minimum Bid Rate is announced Source

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Economic Updates: Lets see how data impacts today

Here is the checklist of economic updates. In yesterday’s trading session market remain volatile. Lets see how data impacts today. EURO CPI Flash Estimate y/y at 2:30 PM Measures: Change in the price of goods and services purchased by consumers Released monthly, on the last business day of the current

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Economic Indicators: A high volatility is expected

Here is the checklist of economic indicators which may drag the market towards high volatility. USD: Final GDP q/q at 6:00 PM Measures: Annualized change in the inflation-adjusted value of all goods and services produced by the economy Released quarterly, about 85 days after the quarter endsNext Release Date Dec

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Specific events which may impact the sentiments of the market

Here is the checklist of specific events which may influence the sentiments of the market. EUR: ECB President Lagarde Speaks at 12:45 PM Measures: Due to participate in a fireside chat at the Frankfurt Forum on US-European GeoEconomics ECB President Nov 2019 – Nov 2027. Volatility is often experienced during

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Specific events: All eyes on Consumer Confidence data

Here is the checklist of specific events which may influence the market conditions. The actual figure of consumer confidence data comes with vital importance. USD: Fed Chair Powell Speaks at 5:00 PM* Measures: Due to participate in a panel discussion about digital currencies at an event hosted by the Bank

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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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