The market receives US GDP
This Thursday the Office of Economic Analysis, of the United States Department of Commerce, will report the preliminary GDP for the last month. This will reflect the evolution of the economy for the second quarter. The publication will be at 9.30am GMT-3. The Gross Domestic Product is presented with three measurements for each quarter, […]
High-impact week: German production and US GDP
German manufacturing production data as of 4:30 am ET. The euro will be affected this Monday by the production data from Germany, a drop in production is estimated with 65.1 points from 65.9. Euro has been under selling pressure since last August 17. The dollar did not cooperate in the rise of the cross thanks […]
US inflation: possible dollar decline
The dollar recovered all of its losses for the week at the close of Friday. The good American employment data for July made clear the recovery of the economy. This information generated a jump in the probabilities of the rise of the changes of the FED. American inflation data this week is expected to generate […]
AUD and GBP targeted by Central Bank decisions
This week the Central Banks of Australia and the United Kingdom, decide on their monetary policy. In this sense, the Reserve Bank of Australia, reported its decision in the last hours. In general terms, the official statement does not report changes during the month of August, since the RBA will maintain the interest rate at […]
American & Canadian Employment. Australian & UK Interest Rate This Week
President Joe Biden’s top medical adviser, Dr. Anthony Fauci, said Sunday that he does not expect the United States to return to lockdowns. Despite the increasing risks of COVID-19 infections posed by the Delta variant. “I think we have a sufficient percentage of vaccinated people in the country, not enough to crush the outbreak, but […]
The dollar prepares for the FED announcement.
Tomorrow the policy meeting of the Federal Reserve of the United States will end. Markets brace for the impact of the ads. The question is – and continues to be – when and how they will begin to reduce the stimuli implemented to mitigate the effects of the crisis. A sharp and anticipated reduction […]
US GDP, FOMC and consumer confidence
Powell argues that the US recovery continues to go on despite the Delta variant. He will probably acknowledge this Wednesday that the Committee would begin discussions on plans to gradually reduce stimuli. It will also signal that it will reach the standard of »further substantial progress« is still »far away«. “Real GDP in the United […]
Lagarde Gets Ready To Give The Euro A Spin This Week
Officials at the European Central Bank are set to reveal their new monetary strategy this Thursday. These decisions are expected to really make a difference for the direction of the euro and for investors. Policymakers will modify their stance to reflect changes ranging from a slightly higher inflation target of 2% to an explicit assignment […]
Gold returns to the ring in the international market
The metal commodities market returns to the ring in the international market after new waves of infections caused by the Delta variation of covid-19. Gold remains close to 1800.0 dollars an ounce and 1820.0 and 1830.0 are estimated again (prices reached at the beginning of the pandemic). The new waves of contagion hit European and […]
Projections on FOMC minutes
This week will bring high impact data considering that the minutes of the FOMC and the data of the production of services of the Institute Supply Management will be available. The most relevant data will be the meeting scheduled for the economic policy guidelines. They are likely to provide more information and clarity on projections […]