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

15 Sep.21

Major Currencies

USD, EUR/USD & GBP/USD

The U.S. Dollar Index against a basket of six currencies sided 0.16% to 92.463.

The EUR/USD pair soared 0.22% to 1.1829 in the early session of the European market.

The GBP/USD pair moved up at 0.20% to 1.3836 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 pm – European Central Bank President Lagarde Speaks

TUESDAY

  • 7:00 am –U.K. Unemployment Rate
  • 1:30 pm –U.S. Core Consumer Price Index (CPI) MoM

WEDNESDAY

  • 3:00 am – China Industrial Production YoY
  • 7:00 am – U.K. Consumer Price Index (CPI) YoY
  • 1:30 pm – U.S. NY Empire State Manufacturing Index
  • 3:30 pm – U.S. Crude Oil Inventories

THURSDAY

  • 2:30 am – Australia Employment Change
  • 1:30 pm – U.S. Initial Jobless Claims
  • 1:30 pm – U.S. Core Retail Sales MoM

FRIDAY

  • 7:00 am – U.K. Retail Sales MoM
  • 10:00 am – Eurozone Consumer Price Index (CPI) YoY
  • 3:00 pm – U.S. Michigan Consumer Sentiment

"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.