Trading news

U.S.'s nonfarm payrolls is this week's key event

U.S.'s nonfarm payrolls, to be released this Friday, will once again highlight this week's major economic data, thus being expected to generate high volatility on the markets.

U.S.'s economic reports lead the way

The traders will continue to focus on the economic reports in the U.S. where the economy will be ''tested'' on whether it can withstand a rise in rates for the upcoming months.

The Bank of England's announcement will capture the investors' interest, following the increase in the expectations that the central bank will aim to manage the economic shock amid the Brexit vote, via stepping up monetary stimulus.

Moreover, the market players in China will be looking over the country's manufacturing data, amid the concerns that the second biggest economy resumes facing ongoing concerns with regards to its economic strength and sustainability.

Read More

Monday, 01 Aug, 2016 / 10:39

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/u.s.-s-nonfarm-payrolls-is-this-week-s-key-event

Trading news

 

Metals Break Higher On “Biden Bounce”

Gold The yellow metal surged higher over the last 24 hours in response to the [...]

Posted on Thursday, 21 Jan, 2021 / 12:31 under

Wall Street at fresh record as Biden sworn in; euro up ahead of ECB

  Hopes of more stimulus and relief over Biden’s peaceful [...]

Posted on Thursday, 21 Jan, 2021 / 11:01 under

OIL struggling to break past 54 – US OIL Market Outlook – 21/01/2021

WTI Crude hit our short support target at $53 after API inventory showed a [...]

Posted on Thursday, 21 Jan, 2021 / 9:19 under