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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Economic Updates: Last trading session for the week

Here is the list of economic updates. Today is Friday, the last trading session for the week. Lets see how market responds to the data today. EUR: ECB President Lagarde Speaks at 3:00 PM Measures: Due to hold a press conference at the Eurogroup Meetings, in Prague ECB President Nov

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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

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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,

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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.

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