Here are several economic data which may decide the momentum 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 3 weeks into the current monthNext Release Date: June 22, 2022
The most terrified word Inflation seems to be in a controlling phase. Looking into the CPI data the figures are much more satisfying but still unable to beat the forecasted figure. Thus, less than an economist hoped but still good for our economy. Earlier the inflation rate was 8.5 percent
Here are several economic data which may decide the trend of the market. ECB President Lagarde Speaks at 1:30 PM Measures: Due to deliver opening remarks at the conference to mark the 30th anniversary of the Bank of Slovenia, in Ljubljana ECB President Nov 2019 – Nov 2027. Volatility is
Monday appears a day weaker for crude oil prices. Fragile data released by China and a recession globally damp down the demand for oil. Moreover, investors are keeping an eye on the conversations done by the European Union which relates to the prohibition of Russian oil. As a result, tightens
Read carefully our weekly commodity samachar and prepare yourself about upcoming trading sessions. 📌The Fed has increased the interest rate from 0.50 bps to 1% as per street expectations, due to which there was a decline in the global market. In India too, the stock market was under pressure due
Here we have various economic data which may impact the trading conditions of the market. Out of so many indicators, FED meet comes with largest importance. EUR Spanish Unemployment Change at 7:30 PM* Measures: Change in the number of unemployed people during the previous month Released monthly, about 3 days after
Due to Covid-19 lockdowns, China has major concerns about the growth rate. China releases the data on factory activity which slows down due to residential and commercial lockdowns. However, impacts adversely and hits down the prices of crude oil. In the world, China is the leading consumer of crude oil
Below are the details about today’s economic data which may impact the situation of the market. USD ISM Manufacturing PMI at 7:30 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industryReleased monthly, on the first business day after the month ends; Next Release
Today, in Asia crude oil upsurges and opened higher in the morning session thereby falling abruptly during the previous trading sessions. We all are aware of the fact that China is the second-largest fuel carrier in the whole world. Covid-19 outbreaks due to which lockdown continues in China. However, Shanghai,
On behalf of Commodity News, warm greetings to all of you on the occasion of Hanuman Janmotsav. Just read about weekly commodity Samachar trend updates on bullion, base metal, and energy. The Russia-Ukraine tension has now reached its peak. According to reports, all the countries are preparing their own arms
