BoC will define its monetary policy
This Wednesday the Bank of Canada will meet and publish its decision regarding the interest rate. After it, they will make a statement to inform that it led to said decision. The decision is projected to be to maintain the same monetary policy to maintain the interest rate at 0.25%. Expectations are located in the […]
G7 finance ministers rule out digital global currency
The G7 Finance Ministers and Central Bank Governors met on May 28, while the Finance Ministers were from June 4 to 5, 2021. The Heads of the International Monetary Fund (IMF), Group of the World Bank, Organization for Economic Cooperation and Development (OECD), Eurogroup and the Financial Stability Board (FSB). Among the topics agreed and […]
after the interest rate, Australia’s GDP will be published.
The Reserve Bank of Australia will publish the change in GDP for the first quarter of the year in the next few hours. The data will arrive hours after the publication of interest rates. The Reserve Bank’s measures are aimed at recovering the rhythm of economic growth, achieving full employment and inflation in line with […]
Trading of the week, NFP May.
President Joe Biden submitted his budget request for fiscal year 2022 to Congress on Friday. The first formal budget of his presidency and a strong departure from his predecessor, Donald Trump. Biden’s budget incorporates his two flagship national proposals, the American Family Plan and the American Jobs Plan, neither of which have been seriously debated […]
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, […]
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 […]
UK News: Interest Rate and Elections
This Thursday will be a day where two highly relevant events will take place in the United Kingdom. On the one hand, the economic event will be the announcement by the Bank of England of the decision on the interest rate and, on the other hand, the political event, in which parliamentary elections will be […]
AUDUSD: RBA announce interest rate.
This Tuesday, May 4, the Reserve Bank of Australia (RBA) will publish its decision on interest rates. The schedule will be at 1:00 p.m. local time in Australia, (00:30 AM Eastern time GMT -3 Arg.) The decision is made based on the economic activity and inflationary levels of the country. The RBA’s objective is […]
High Impact Week: American and Canadian Employment Data
This week will start stable after waiting for US and Canadian employment data on Friday at 9:30 am ET. The dollar managed to position itself before the close of the day last Friday. We would expect the market to sustain its dollar positions to make a final high against good employment data. Conversely, the market […]
FED will announce on its monetary policy
This Wednesday the Federal Reserve of the United States will communicate at 3pm (GMT -3) the decision on interest rates, after a two-day meeting. After that, J. Powell will speak about the monetary policy that they will carry out. The entity is expected to maintain interest rates around 0.00% and the focus will turn to […]