Significant indicators may impact the market globally

Here is the checklist of significant indicators which may impact the market globally. FOMC Member Bullard Speaks at 6:30 PM Measures: Due to speak about the US economy and monetary policy at a luncheon hosted by the Little Rock Regional Chamber, in Arkansas. Audience questions expected FOMC voting member 2010,

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Amid Covid-19 alarms OPEC cuts the production of Crude oil

China considers being the world largest importer of crude oil. On Tuesday, the prices of oil seem steady due to increasing cases of covid-19 in China. Furthermore, worries of fewer consumption of oil arises due to growing number of Covid-19 cases. In an OPEC meet, members cut down the production

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Checklist of indicators which may decide the trend of the market

Here is the checklist of economic indicators which may drive the market thereby deciding the trend of the market. USD: Core Retail Sales m/m at 7:00 PM Measures: Change in the total value of sales at the retail level, excluding automobiles Released monthly, about 16 days after the month ends

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Checklist of Economic Data which influences the market sentiments

Here is the checklist of economic data which may influence the economic sentiments of the market. EUR: German ZEW Economic Sentiment at 3:30pm Measures: Level of a diffusion index based on surveyed German institutional investors and analysts Released monthly, on the second or third Tuesday of the current month Next

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USD: FOMC Member Brainard Speaks at 10:00 PM

Today we do not have major economic market guide which may impact the market globally. Furthermore, we may expect less volatility in today’s trading session. USD: FOMC Member Brainard Speaks at 10:00 PM Measures: Due to speak about the economic outlook at a Bloomberg news event, in Washington DC. Audience

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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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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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