ECB and FOMC this week. Stimulus plans and bond purchases are key for the euro this week.
This Thursday, 12/16, important decisions are expected from governors of the European Central Bank who could delay part of a decision on the ECB’s stimulus plans, since the perspective has changed due to a new variant of the coronavirus and the growing pressures on the prices. The ECB’s Governing Council will meet on December 16 […]
High impact week: US inflation and conflicts between the UK and the EU
The euro and the pound once giving way to sellers. The dollar is preparing to take ground this week although we do not know how long it could last. On Wednesday the 10th and Thursday the 11th, the inflation of the producer and the consumer of the United States respectively is presented. The market anxiously […]
Due to possible increase in interest rates, NZD anticipates impact.
Tonight the Reserve Bank of New Zealand pronounces on economic policy. The announcement will be at 22:00 Argentina (GMT-3). The entity will publish its decision based on the evolution of the country’s economy. During the first half of the year, it maintained a constant growth trajectory. However, during the third quarter, the growth curve and […]
High Impact Week: Australian, New Zealand Interest Rate, US and Canada Job Payrolls.
Already entered the last momentum of 2021 but in retreat. This week Australia and New Zealand will review their interest rates. New Zealand is forecast once again to raise its interest rates. In the previous month the forecast was failed and now we will see what happens this Tuesday. The higher NZDUSD price is one […]
US monetary policy under review
The great expectations of the week are located on Wednesday and the announcement that the FED officials will make, after the FOMC meeting. This is the monthly meeting that they will hold to evaluate the evolution of the economy and the direction of the decisions they will make for the United States. The event […]
High Impact Week: FOMC, BOE and Elections in Canada. Impact on dollar and pound this week
A stable market opening is expected given the activity of the central banks for this Wednesday and Thursday. Canada’s government elections will have a possible impact on the Canadian dollar. Volatility would be expected during Monday due to results. On Wednesday 3:00 pm EST we await the result of the FOMC review: announcements of cuts […]
Central America towards “crypto monetization”
Bitcoin and Ethereum, the cryptos with the highest capitalization of the market, received a severe blow in their prices in the last hours. The average loss was around 10% for each crypto. The context of the losses is due to the liquidation that occurred in the markets and the high exposure that became after the […]
Stimulus reductions for Canada and the Euro Zone
This week will focus on the decisions made by the Bank of Canada and the European Central Bank on their respective monetary policies. The dilemma is the same that prevails in most economies: When to move towards reducing stimuli. The Bank of Canada had already started with the implementation of the reduction of economic stimuli […]
The dollar faces employment data
Tomorrow the US Bureau of Employment Statistics will release the unemployment rate and non-farm payrolls. We expect impact with the data that will be available from this Friday. The focus is placed on these data since, from them, the panorama will be clarified on the decisions of the FED in monetary policy. Negative results could […]
Crude seeks to recover
Crude futures posted losses this Wednesday after the decision made between the countries that make up OPEC +. BRENT and WTI posted losses of almost 2%. Crude prices have been affected in recent hours by three factors. On the one hand, the Organization of the Petroleum Exporting Countries and allies, decided to increase oil […]