Major Events: Market may remain volatile

Below is the checklist of major events which may create volatility in the market. EUR: Main Refinancing Rate at 5:45 PM Measures: Interest rate on the main refinancing operations that provide the bulk of liquidity to the banking system Scheduled 8 times per year Next Release Oct 27, 2022 The

Read More »

Specific events: Spiked inflation with growing interest rates

Here is the list of specific events which may impact the economic health of the country. GBP: Monetary Policy Statement at 2:30 PM Next Release Nov 14, 2022 During these hearings the BOE Governor and several MPC members testify on inflation and the economic outlook before Parliament’s Treasury Committee. Furthermore,

Read More »

China swinging economy: Covid-19 lockdowns disrupt business activity

China witnessed the fastest dip in property sales as compared to the last forecast made. Furthermore, the residential property in China is damping down this year. Hence, home buyers are remaining cautious as economists or predictors are expecting the biggest fall in home prices in the current year i.e. 2022.

Read More »

Major Events which may influence the MCX market

Below is the checklist of major events which may impact the MCX market. USD: Final Services PMI at 7:15 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry Released monthly, on the third business day after the month Next Release Date Oct 5,

Read More »

Economic Updates: OPEC meet will conduct all day long

Today we have two major economic updates. OPEC meeting will conduct for the whole day long. Lets see and wait for the outcome of a meeting. GBP: MPC Member Mann Speaks at 9:00 PM Measures: Due to deliver a speech titled “Inflation Persistence and Monetary Policy Strategy” at the 53rd

Read More »

Economic Indicators: USD Core PCE Price Index m/m at 6:00 PM

Economic Indicators: USD Core PCE Price Index m/m at 6:00 PM Measures: Change in the price of goods and services purchased by consumers, excluding food and energy Released monthly, about 30 days after the month ends Next Release Date Sep 30, 2022 This differs from Core CPI in that it

Read More »

Economic Updates: Eyes on home sales and crude oil inventory

Here is the list of major economic updates. All eyes on home sales and crude oil inventory. 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 26 days

Read More »

Specific Events: May create panic in the market

Here is the checklist of specific events for today. Be cautious because we have a number of specific events which might create volatility in the market. EURO: French Flash Services data at 12:45 AM Measures– level of a diffusion index based on surveyed purchasing managers in the services industry Released

Read More »

Today’s Economic Data: GBP: Retail Sales m/m at 11:30 AM

Today we do not have any major economic data. Weekly closing is important for the next trading session. 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 Release Date Sep

Read More »