The third week of January will become the time of Central banks, while the USA will see the inauguration of Joe Biden, the president elected. These events will be enveloped in news, so investors will not have time for boredom.
Tag: eur/usd
This new week of January is unlikely to be eventful: the market has just got a whole load of news and is busy analyzing it. Oil is pricey, the risk seems appealing, and the nearest future does not look complicated.
One shouldn’t expect a Pre-New Year week to be feverish or volatile: everything that had to happen has already happened. It’s time to take a break to save strengths and come back to financial markets in the New Year as fresh as paint.
It is unlikely that this Christmas week, the last full week of this weird year will surprise us with some breakthroughs or drastic changes. Let us just celebrate the Catholic Christmas and hope that the elves are in good mood.
The new week of December might seem interesting only because there are plenty of Central bank conferences scheduled for it. We will discuss them separately.
Central banks of the world are ready for new conferences and discussions of their credit and monetary policy, statistics keep being published, and the market is still excited with the risk and neglects the overbought state of currencies.
The new week that winds up autumn and gives way to winter is going to be eventful: we will enjoy, statistics, meetings of Central banks, and an OPEC meeting. The market will definitely find lots of footholds.
As we approaching the end of the year, investors are growing more tired; however, the situation around gives no chance for a coffee break. The new week is bringing along statistics and events alike, we will not get bored, for sure.
The tide of statistics can hardly knock investors down in the middle of the month, but reports are becoming more and more interesting, this week no exclusion.
Capital markets are ruled by volatility. The USA are enjoying new President but this is just the top of the iceberg. We expect statistics, meetings of Central banks, and, of course, political events.