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
Here is the checklist of specific events. We may witness downside pressure in the precious metals in the coming days ahead. GBP: Construction PMI at 2:00 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the construction industry Released monthly, on the second business day after
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
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
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
Yesterday at 11:30 PM(ISD) FED hiked interest rates by 0.75 BPS. Furthermore, this is the second consecutive time when FED raises interest rates by 0.75 BPS. To soar the surging inflation, Powell shows fear of increasing the interest rates in an upcoming meeting in the month of September. The outcome
Here is the list of specific events for today. After FED meet, Advanced GDP data seems significant for the global financial market. USD: Advance GDP q/q at 6:00 PM Measures: Annualized change in the inflation-adjusted value of all goods and services produced by the economy Released quarterly, about 30 days
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
