NEWS, MARKET DATA & BLOG

3 THINGS TO WATCH

28 Apr.21

FOMC Power up the US Dollar?

US Nonfarm

The Federal Reserve possibly announce the monetary policies unaffected but might suggest tapering of the asset purchase programme. Moreover, the Fed Chair Jerome Powell possibly have a tougher time dwell on rising inflation worries.

18 Mar.21

BoE Monetary Policy Preview

BoE Monetary Policy Preview

The Federal Reserve pushed the US dollar toward the downside following the FOMC monetary policy meeting. The Fed decided to retain the current monetary policy to keep and expecting a long period of assistance to the economy. Due to the Fed ultra-loose monetary policy, the GBP/USD pair bounced to a fresh weekly high to 1.3974 Level.

11 Mar.21

US Jobless Claims Report

US Jobless Claims Report

Following a yearlong lockdown; now the job market starts showing some improvements in the first quarter. However, jobless claims are still at historically high levels. This situation caused in the market due to businesses were not able to sustain themselves during pandemic hit. US initial jobless claims projected to fall to 725K from 745K.

ECONOMIC EVENTS & DATA

28 Jul.21

Major Currencies

USD, EUR/USD & GBP/USD

The U.S. Dollar Index against a basket of six currencies edged marginally higher 0.14% to 92.576.

The EUR/USD pair is trading flat at 1.1814 in the early session of the European market.

The GBP/USD pair marginally climbed back 0.08% to 1.3885 level in the early hours of the London opening.

11 Mar.21

Other currency news

SEC Approved Bitcoin ETF

Bitcoin

JP Morgan’s brand-new product comprehends a hamper of disproportionately weighted stocks directly or indirectly associated with cryptocurrency. The Securities and Exchange Commission (SEC) has granted approval to JP Morgan to release a Bitcoin exposure basket. This new product might work as a getaway for clients who wish to invest in virtual currency trading via this ETF.

07 May.21

Vinay’s Thoughts

Nonfarm Payrolls Preview

nonfarm payrolls

There are expectations for an economic comeback, which might dominate the previous moderate macroeconomic numbers. Positive Nonfarm Payrolls data possibly push the US dollar higher temporarily.

KEY ECONOMIC EVENTS

MONDAY

  • 2:30 am – China Caixin Manufacturing Purchasing Managers Index (PMI)
  • 9:00 am –Eurozone Manufacturing Purchasing Managers Index (PMI)
  • 9:30 am –U.K. Manufacturing Purchasing Managers Index (PMI)
  • 3:00 pm –U.S. ISM Manufacturing Purchasing Managers Index (PMI)

TUESDAY

  • 5:30 am –Australia Interest Rate Decision

WEDNESDAY

  • 2:45 am – China Caixin Services Purchasing Managers Index (PMI)
  • 9:00 am – Eurozone Services Purchasing Managers Index (PMI)
  • 9:30 am – U.K. Services Purchasing Managers Index (PMI)
  • 1:15 pm – U.S. ADP Nonfarm Employment Change
  • 3:00 pm – U.S. ISM Non-Manufacturing Purchasing Managers Index (PMI)
  • 3:30 pm – U.S. Crude Oil Inventories

THURSDAY

  • 9:30 am – U.K. Construction Purchasing Managers Index (PMI)
  • 12:00 pm – U.K. Interest Rate Decision
  • 1:30 pm – U.S. Initial Jobless Claims
  • 1:30 pm – U.S. Trade Balance

FRIDAY

  • 1:30 pm – U.S. Nonfarm Payrolls
  • 1:30 pm – U.S. Unemployment Rate

"WORK IS A FUNDING VEHICLE TO ENJOY LIFE"

BLOG

21 Jan.21

Dear Student

Student sign

Dear Student, we all need a little motivation sometimes. Show them what you’re capable of, go up, never stop and shine whilst you’re at it.

03 Feb.21

Captain Sir Tom Moore, dies at the age of 100

29 Jan.21

Kamala Harris’ stepdaughter, now represented by IMG

02 Feb.21

What I wish I knew…

graduate

… as fresh graduate before entering the work force.