Oil prepares for major annual correction
In the last hours, oil suffered very strong falls in its price after reaching all-time highs. After the crisis of the year 2020 on consumption and the serious losses generated in this commodity, prices managed to reposition themselves to even levels prior to the pandemic. Consumption has recovered steadily and continuously after vaccination campaigns and […]
Dollar sellers return in July
July began with liquidations of market positions in the dollar. The employment data on Friday surprised with results that were above forecasts. Despite this, the market was in charge of discounting the information in the previous days and took advantage of the employment data to attack the unsuspecting buyers of the dollar. The final situation […]
NFP: what to watch out for this Friday.
On Friday, the US Bureau of Employment Statistics will release the unemployment rate and nonfarm payrolls. The data that will be available from this Friday will have an impact on the markets. The relevance of the data derived from the importance of the recovery of employment in the United States for the definition of changes […]
US economic activity continues to expand
This week we will have available the results of the economic and productive activity for the month of May in the United States. On the one hand, the PMI data will be presented on Thursday and, on the other hand, the non-farm payroll data on Friday. What to expect from PMI? The data that will […]
PMI and American Employment High Impact Of The Week
High impact week from Thursday. US Production Data Stable manufacturing activity data is expected within the month of June. The dollar closed sell on the day of Friday, June 25. We expect stable US production data this week. On Friday we expect a correction in the dollar (rise) thanks to a possible rise in job […]
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 […]
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 […]
FOMC minutes
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 […]
European Union Summit This Friday
France and Germany will present their updated production data this week. The forecast is generally positive for production in both countries, however, the positive data may be overshadowed by a new closure of the economies. The low rate of vaccination added to their secondary effects may be the reason that Europe needs a new shutdown […]