Economic Data which may impact the market

Here is the checklist of various economic data which may influence the market. EUR: German Prelim CPI m/m -ALL DAY Measures: Change in the price of goods and services purchased by consumers. Released monthly, around the end of the current month. Next Release Jul 29, 2022 Listed as an ‘All

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Economic indicators: Powell Testifies at 7:30 PM

Below are the various economic indicators. Out of so many, FED Chair Powell Testifies at 7:30 PM comes with significant importance. EUR: German Flash Manufacturing PMI at 1:00 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry Released monthly, around 3 weeks into

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Dollar Index may slip more while XAU/XAG may leave the bearish zone

The dollar index opened in red today as investors are consistently watching and giving prior importance to controlling inflation. Hike in inflation led major central banks to increase the rate of interest. FED revised interest rates twice in the last two meetings. Moreover, earlier they raise 0.50 BPS but in

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Havells India Ltd.: Ready to Fuse

In the year 1983, Havells India incorporated and has now become a leading manufacturer in the field of home, kitchen, and electrical appliances and goods. If we converse about the company’s major stream, then below are the two segments that contribute the most. They are as follows: Domestic Cables: Havells

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Significant events for the day: Seems bit supportive

Below are the various significant events for the day. We are expecting a bit supportive data for bullions. GBP: MPC Official Bank Rate Votes at 4:30 PM Released monthlyNext Release: Aug 4, 2022 The vote is reported in an ‘X-X-X’ format – the first number is how many MPC members

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Economic Data: Set eyes on FED Meet

Below are several economic data. Out of so many we need to set eyes on FED meet. FOMC statement seems to be the trend decider. 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

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Cryptocurrency suffered: Bitcoin damp down above 7%

Since December 2020, cryptocurrency grieved a lot and tests its lower levels. Moreover, we saw another random crash thereby noting Bitcoin and Ethereum significant losses ending the weekend. On Sunday, bitcoin traded below nearly around $28000 which was down by 6 percent during the past week. Furthermore, Ethereum even faces

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Core Economic Indicators: All Eyes on Inflation Index

Below is the list of today’s economic indicators. Moreover. out of the list CPI comes with maximum importance. If the inflation index touches the higher edge then there is a maximum possibility of hike in interest rate. USD: CPI m/m at 6:00 PM Measures: Change in the price of goods

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