On Tuesday, the prices of crude oil surged nearly 4 percent. Moreover, today the market for crude oil prices opened in the red due to showing concerns about supply constraints. Precisely, the oil prices rose 4 percent soon after Saudi Arabia circulated the clue of OPEC+ about diminishing the output
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
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
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 our weekly commodity samachar and make yourself aware about the next trading session. 📌Due to the recovery in the US economy, there was pressure on gold and silver. Crude oil has bounced from lower levels but weekly closing is in the red mark. 📌This week, the focus of traders
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
Crude oil Futures prices act like a swinging pendulum on Wednesday. Precisely, the prices of crude oil move down then again move up and up, and then could not resist the upward range and closed at the 6996 mark. Furthermore, if we talk about today then the market opened with
Here is the list of economic events. Today we have major events but still retail sales are more significant for US Economy. 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 endsNext Release
Today at 10:00 AM RBI Governor Shaktikanti Das announced its monetary policy thereby raising the repo rate by 0.50BPS. Furthermore, with a hike in interest rates, the repo rate now stood at 5.4 percent. However, considers being the highest hike since 2019. Precisely, this is the third time successively since
Here is the list of economic events. Today is the last trading session of the week thereby seems volatile but still all eyes on today’s closing. USD: Average Hourly Earnings m/m at 6:00 PM Measures: Change in the price businesses pay for labor, excluding the farming industry Released monthly, usually
