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.
Tag: eur/usd
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.
The new week of September will bring in tow decisions on the interest rates from the Banks of England and Canada, as well as a flow of important macroeconomic reports. At the beginning of the week, investors will have a chance to have a rest from raging market volatility but later on, they will have to put themselves together not to miss the most interesting things.
The beginning of a new month is traditionally the time for a flow of statistics and news. The digits from the USA and the data from Asia are of great importance. You will never get bored this week.
The beginning of this week of August is calm and extremely quiet: nothing new on the macroeconomic calendar, the news flow is smooth. However, the information is going to become more and more topical, while the rates of currencies and assets will fluctuate more actively.
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.
The end of July turned out to be extremely volatile for capital markets. August is traditionally considered a troublesome and unpredictable month for finance and assets; nonetheless, the beginning of the month may let us pause and make our thoughts clear.
The beginning of the last week of July looks totally unexpected: the euro has renewed its two-year peaks, gold has hit its all-time high, while cryptocurrencies have at last demonstrated a clear trend. What is next?
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.