A big day in terms of specific news and events

Here is the list of specific news and events. Seems a volatile day. Though all eyes on the relationship between China and Taiwan. EUR: Spanish Services PMI at 12:45 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry Released monthly, on the third

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As such no significant data today

No significant data today. Market may remain sluggish. USD: JOLTS Job Openings at 7:30 PM Measures: Number of job openings during the reported month, excluding the farming industry Released monthly, about 35 days after the month ends Next Release Date Aug 30, 2022 It’s released late, but can impact the

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Will Real Estate crash globally

Home prices (Real Estate) for Australia slip down for three consecutive months. Furthermore, the condition of Sydney even worsens as the city suffers the worst decline in the past 40 years. Increasing borrowing costs and spiked inflation are deteriorating the economic health of the country. Consequently, citizens are now experiencing

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USD: ISM Manufacturing PMI at 7:30 PM seems significant

USD: ISM Manufacturing PMI at 7:30 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry Released monthly, on the first business day after the month ends Next Release Date Sep 1, 2022 Above 50.0 indicates industry expansion, below indicates contraction It’s a leading

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Specific Events: An important day for the global market

Here is the list of specific events. Today, at 11:00 PM we will have the results of FOMC meet. Lets see what FED will decide. Whether they would be stringent or lenient towards their hike in interest rate decision. USD: Core Durable Goods Orders m/m at 6:00 PM Measures: Change

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Weekly Commodity Samachar: Traders be Cautious

Here is our weekly commodity samachar with detailed facts, news, impacts and their influences. After the 0.50% increase by ECB (European Central Bank), there was a jump in the metals, but once again the momentum of the bullish momentum was seen to be hindered by the closing of the market

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Specific Data: Flash Manufacturing PMI seems important

Below is the checklist of today’s specific data. Flash Manufacturing PMI seems important for the day. 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 Aug 19, 2022

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