US dollar slipped near a nine-month low yesterday, as traders continued to gauge the risks of a U.S. recession and the path for Federal Reserve policy. Dollar Index which measures the greenback against a basket of six peers, including the euro and yen – slipped 0.09% to 101.92, heading back
Crude oil Prices retreated more than 2.40% from the previous day’s high 6697 and trading at 6415 levels. Oil prices came under pressure as markets gauge U.S. inventory build and recession fears. Crude prices Wednesday initially rallied to a 6-week high after the dollar index tumbled to June 2022 low.
Here is the checklist of economic indicators which may impact the market. Today is the data on Non-Farm payroll due to which we may witness high volatility in today’s trading session. JPY BOJ Gov Kuroda Speaks at 7:00am Measures: Due to speak about macroeconomics and financial stability at an online
Here is the checklist of economic updates which may influence the conditions of the market. USD Fed Chair Powell Speaks at 12:00am Measures: Due to speak about the economic outlook, inflation, and the labor market at the Brooking Institution, in Washington DC Fed Chair Feb 2018 – Feb 2026. Fed
Here is the checklist of leading indicators which may impact the market. Currently, market is directionless due to which there is an irregularity in the movement of the trend. EUR CPI Flash Estimate y/y at 3:30pm Measures: Change in the price of goods and services purchased by consumers Released monthly,
USD: CB Consumer Confidence at 8:30pm Measures: Level of a composite index based on surveyed households Released monthly, on the last Tuesday of the current month Next Release Date Dec 21, 2022 Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity
Checklist of significant indicators which may participate in deciding the trend of the market. ECB President Lagarde Speaks at 7:30pm Measures: Due to testify before the Committee on Economic and Monetary Affairs of the European Parliament, in Brussels Next Release Dec 2, 2022 ECB President Nov 2019 – Nov 2027.
Here is the checklist of some significant updates which may decide the trend of the market. FOMC Meeting Minutes at 12:30am Scheduled 8 times per year, 3 weeks after the Federal Funds Rate is announced Next Release Jan 5, 2023 It’s a detailed record of the FOMC’s most recent meeting,
Today we have a big list of leading indicators. Thus, we may witness high volatility in today’s trading session. FOMC Member George Speaks at 12:45am Measures: Due to participate in a virtual panel discussion at the Annual Conference of the Central Bank of Chile, in Santiago FOMC voting member 2013,
Here is the checklist of economic updates which may influence the market. Today, we have data on manufacturing index which may create volatility in the market. Richmond Manufacturing Index at 8:30 PM Measures-Level of a composite index based on surveyed manufacturers in Richmond Released monthly, on the fourth Tuesday of
