It seems we have already heard the brightest and most effective news of September – both from the macroeconomic calendar and the leading Central banks. However, this does not mean that we will get bored this week.
This week belongs to Central banks – almost every day capital markets will take a look at some of the key regulators and consider its decisions about credit and monetary policy. No steep turns are expected – time has not come for those – but volatility promises to be high.
Another week of August will offer a lot of statistics from Europe, the USA, and the United Kingdom, as well as plenty of doubts and enthusiasm about the outlook for oil demand. All this will be interesting, to say the least.
The USA reported on the labor market, which means it’s high time to expect new data from other, equally important global economies.
A new week of July is going to be quiet: statistics are scarce, the EU leaders keep discussing what money to use for restoring the economy, oil remains under pressure, new cases of the coronavirus keep multiplying. Nonetheless, the currency market is cheerful, eager to risk.
The new week of July will be full of statistics, news from global Central Banks and, perhaps, fresh OPEC+ information. Miss volatility? It seems to be at the door.
The oil cartel is keeping capital markets positive, while the labor market in the USA demonstrates hidden power. There is little that can spoil the investors' mood except for the overbought state of the market. In the new week, market players may go on buying until they decide that things are getting too expensive.
The last week of May will not be a calm time. There is no exact day of the end of self-isolation in Russia and the quarantine outside it; neither we know what that outer world has become like. This week, there is going to be much statistical data that may attract the attention of capital markets and a lot of geopolitical noise from the US and China, constantly angry with each other.
There are several ways of trading oil; an individual trader may choose from futures, CFDs, and options. Whatever type of contract you choose, you will have to analyze the chart of your asset and only then open a position: a buying one if you expect the oil to grow or a selling one if you think it will decline.
People stay self-isolated all over the world while economies receive more and more support from Central banks and financial authorities. At the same time, the commodity market remains turbulent, and the currency market is getting agitated.