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Weekly trading May 24-28

The week closed with good projections in the manufacturing and services sector for the euro zone. Germany, France and the United Kingdom presented a record in the month of May. This is due to the recovery in demand since the start of closures and blockades. Among the small minority of companies citing pessimistic expectations, this was primarily attributed to Brexit-related

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European PMI, project growth

The week with the evolution of the production of the last month in the two main economies of the European Union. The PMI for France and Germany will be published tomorrow, the data will be available from 03:30 am Argentina time, in European time, it will be between 08 and 09 GMT + 2. The European economies are in a

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Unemployment in Australia, projected stability at 5.6%

This Thursday, April 20, starting at 10am Australia time, the data on the change in employment and the unemployment rate will be published. In GMT-3 time, it will be from 9pm. The current unemployment rate stands at 5.6% as published by the Australian Bureau of Statistics. With the objective set on the recovery of growth, the Bank of the Republic

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BTC accumulates 30% losses in the last month

. The volatility of the crypto market is reflected again in today’s session when the two main cryptocurrencies in the market, BTC and ETH, after opening higher, they collapsed again. The lack of institutional support and the base in the offer – demand of the same, translates that before declarations of institutions or influential personalities the price is altered. We

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Discouraging production and sales in China, pressure on markets.

The retail sales in China have been published in the last hours, leaving secondary effects on the prices of commodities and crude oil for the opening of this Monday. The economic data turned out to be more disappointing than expected. The National Statistics Office reported that production slowed its growth in April, and Chinese retail sales fell ahead of projections.

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What to expect from US retail sales?

After the announcement of inflation with a moderate impact, comes the announcement about retail sales in the United States. The data that is published monthly, has a publication date this Friday The indicator is calculated based on certain retail stores located in certain parts of the country. An acceleration or deceleration of this indicator shows the growth rate of economic

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What to expect from the CPI that will be announced in the U.S.

On Wednesday, the United States Bureau of Employment Statistics will publish the country’s Consumer Price Index for the month of April. After that, the FOMC will comment on this. The data will be published 8.30am Eastern time. Inflation is the main needle that moves the decision on interest rates. The interest rate has been maintained at 0.10% for months since

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What’s behind new highs in ETH

The week begins with new all-time highs for the Ethereum price. The second cryptocurrency with the highest market capitalization, it has continuously exceeded its price in the last hours.   The cryptocurrency broke the psychological barrier of $ 4000 dollars, holding fifteen days of maximum prices. The historical value reached on this day is $ 4166.6 dollars. Ethereum, a technology

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Trading projections for May 10-14

Week of annual market highs and lows await us next week. The bad American data finally revealed the final direction of the dollar. Economists expect to see job creation on the rise as more Americans get vaccinated and the economy picks up. The reality is that with government aid bonds the average American finds little or no incentive to enter.

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