The European Central Bank is challenged by inflation.
Fabio Panetta Member of the Board of Directors of the ECB: The European Central Bank should not accept any further delays in raising inflation to its target, as the current outlook is unsatisfactory and persistent failures can damage the economy. The ECB has already exceeded its target of almost 2% for eight years and its […]
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 […]
Australia publishes interest rate, projections.
Among the events that are expected for this week, is the decision of the Reserve Bank of Australia on interest rates, generating aftershocks in the AUDUSD cross. The meeting is scheduled for this Tuesday, April 6, 1:30 am ET. Given that the decision is subject to economic activity and the evolution of inflation according to the […]
Guide To Interpret The Psychology Of Price
The markets are moved by the decisions of the people and institutions that participate in each instrument or asset. As emotional beings, in most cases these decisions are based on emotions and expectations. The professional and the institutional actors are very well aware of this behavior and price manipulation is often a widely used resource […]
BTC advances due to institutional decisions.
This Monday, Bitcoin broke resistance levels to position above $ 58,000. The momentum taken on this day is due to the announcement made by the firm Visa Inc. It is a new institutional entity that joins a wide variety of firms that adopt cryptocurrencies. The adoption of the same conforming investment portfolios or in concept […]
EU And UK Advance On Financial Services Agreement
Since the agreement between the European Union and the United Kingdom was reached and the trade negotiations between both parties at the end of December 2020, a key issue remained to be resolved: the financial sector. While there is still work to be done, they achieved a new UK-EU Joint Financial Regulation Forum, allowing English […]
Economic news with PMI of Euro Zone and United Kingdom
This Wednesday Markit Group, will publish the preliminary data of the PMI of the United Kingdom, France, Germany and the data for the Euro Zone. The PMI, an index that gives a short-term account of the macroeconomic status of these countries or regions, must be taken into account because values lower than 50.0 show an […]
Overcome fear
Thanks to fear, humanity has evolved and has been able to overcome everything that threatens its existence for a long time. Our brain incorporates a set of instinctive abilities in response to certain stimuli that tend to keep us away from danger, skeptical of risk and safe from any unknown externality. These “preloaded” elements are […]
Employment in Australia, projection on AUDUSD
This Wednesday the Australian Bureau of Statistics, as every month, will release the data from the previous month, on the variations of the employed population in the country and the total workforce that is currently unemployed. The previous index of unemployment showed that in the month of January, the rate fell to 6.4% and the […]
BTC falls after new highs
Bitcoin (BTC), the largest-cap cryptocurrency on the market, crossed $ 60,000 and managed to break resistance around $ 58,000 over the weekend. The crypto, hours after exceeding said barrier and reached the record of $ 61,683.86, according to CoinDesk. The new record is contextualized after a period of declines and consolidation, after a turbulent February […]