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
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
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
Here in this blog, I am going to converse about the detailed facts about two robust currencies: The Euro and the Dollar. Let’s begin with…!! The Dollar Index is currently up by 0.01% and trading around $79.88. For the past n number of days, the dollar is persistent in making
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
Below is the list of specific events and data. Today seems like an important day. We expect a volatility in the market in the evening trading session. USD: Philly Fed Manufacturing Index at 6:00 PM Measures: Level of a diffusion index based on surveyed manufacturers in Philadelphia Released monthly, on
On Thursday morning Gold opened low and currently trading around $1693.60. Metals are incompetent to sustain at higher levels. Moreover, investors are expecting a hike in interest rates by the Central bank to curb the mounting inflation. Inflation rose to 1.3 percent due to which we are expecting a hike
Below is the list of economic forecast which seems significant for the day. Existing Home Sales and Crude oil inventory may create volatility in 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 cryptocurrency prices after a major fall in June it again went up in July 2022 but the experts are still not predicting that the bull run has started now. Bitcoin climbs up to its utmost peak in just one month and now trading at around $22000. Furthermore, Ethereum is
Today we do not have any major data or event for the day. All eyes are on an upcoming FOMC meet. GBP: BOE Gov Bailey Speaks at 11:00 AM Measures: Due to speak at the Mansion House Financial and Professional Services Dinner, in London BOE Governor Mar 2020 – Mar
