This Thursday the European Central Bank will make statements about the monetary policy that they will implement and above all, they will report on the interest rate. At 9.30am (GMT-3) Christine Lagarde will speak after releasing the data and will report on the current state of the economy of the bloc that leads the ECB to make the decision. The
This week Canada will make two major economic announcements. On the one hand, a new economic budget will be presented at 5:00 p.m. today (GMT -3) and on the other hand, on Wednesday the Bank of Canada will pronounce on the interest rate. The budget to be presented is intended to be used for economic recovery after imbalances caused by
Wednesday 11:00 am ET the Canadian interest rate is published, this data will mainly impact upward on the Canadian dollar in fundamental terms. The market could discount the information from the open on Monday and have a downward impact on the dollar. Thursday 8:45 am ET is the turn to update the interest rates of the European Union. A maintenance
In recent hours, tensions have increased as the Biden Administration imposed new sanctions on the Kremlin. After a low-impact conversation for the bond, in which even a possible summit meeting between the parties was taken into account, the week ends with new complications. The motive for the measures taken by the Biden administration was guided by the accusations of an
The Australian Bureau Statistics (ABE) will publish data on the evolution of employment in the country today (22.30 GMT -3). The relevance of the data supposes the current state of the economy, determining consumption levels and impacting on economic growth. The data that is published for the middle of the month, estimates that they maintain still positive results. For
The emotional spectrum of the trader could be defined with a scale between absolutely conservative and shy – to the point of paralysis – and extremely aggressive and excessive. Neither extreme will allow a trader to be profitable in the medium term. This spectrum varies according to each person but curiously it also varies according to the day. It is
This Tuesday the Bureau of Labor Statistics will publish at 9.20 am ET (GMT -3), the consumer price index. This information will provide information on the recent levels of the evolution of inflation. Effects on the recovery of the economy have been seen for a few weeks, after the economic stimuli approved during the Republican Administration and the new stimuli
Fabio Panetta Member of the Board of Directors of the ECB: The European Central Bank should not accept any further delays in raising inflation to its target, as the current outlook is unsatisfactory and persistent failures can damage the economy. The ECB has already exceeded its target of almost 2% for eight years and its projections indicate that it will
Tomorrow, Friday April 9, like every month, the employment data for Canada will be published. Data that generates expectations about the current economic context and will affect the USDCAD cross. Statistics Canada will report the evolution of employment in the last month. Starting with the variation in employment, the last month it was more optimistic, since the result was higher
The Federal Open Market Committee of the US Federal Reserve will release the minutes this Wednesday. The President of the Fed, Jerome Powell will speak on the matter under a moderate speech. It is contextualized in a recovering economy with the result of the implementation of the stimulus plan promoted by Joe Biden, in the increase in inoculations and seasonal
