Possible impact on AUDUSD due to inflation
The Consumer Price Index for the second quarter will be published by the Australian Bureau of Statistics. The publication will run from this Tuesday at 21:00 GMT-3 (Argentine time). The projections indicate that the indicator, annualized, presents an increase above the estimated target of the RBA. The measures taken by the Reserve Bank […]
Bitcoin did it again!
The week opened with big movements within the crypto world. BTC rallied and broke a new level in over a month and a half. BTC reached a new 24-hour high of $ 39,544. Levels that it had not reached since mid-June. These movements in bitcoin dragged down the other cryptocurrencies such as ethereum and other altcoins […]
Positive data expected from the German PMI
This Friday the preliminary results on the evolution of German production will be known. That is, the impact on the Euro crosses will be seen by the publication of the German PMI. The manufacturing PMI for the month of July is expected to show results below 65 points. Although the data remains highly positive, […]
Markets brace for ECB announcements.
This Thursday the European Central Bank will execute its declaration of monetary policy and will hold a press conference. High impact market opening is expected. Amid incipient concerns about new cases of COVID contagion by the new DELTA variant, and the effects that this could have on the markets, expectations are placed in the next […]
Dogecoin finally mocked BTC
The cryptocurrency Dogecoin, which started in 2013 mocking Bitcoin, today managed to be the cryptocurrency with the highest capitalization in the second quarter of this year. The rise of cryptocurrencies as a backup system, due to profitability, risk and implementation by large firms for transactions, has generated a boom in altcoins. Accompanying this movement in […]
Keys to the Canadian interest rate
This Wednesday the Bank of Canada will announce its decision regarding the interest rate. After that, they will make a statement to inform what led to this decision and what the general situation of the economy is, which will allow projecting on future measures. The decision to maintain the same monetary policy is expected to […]
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 […]
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 […]
loss in crude oil prices: BRENT and WTI
Oil prices have been experiencing heavy losses in the last 24 hours after reaching highs in almost two years. Weekly political and economic events are affecting expectations about WTI and BRENT international benchmarks. It is known that in the face of political events of international relevance, generate economic expectations that are absorbed in prices and […]