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 […]
Expectations for US Retail Sales
After less positive than expected results in nonfarm payrolls, a week begins with data on retail sales, interest rates and inflation in the United States. The results of the indicator will show an acceleration or deceleration in the growth rate of economic activity. Projections show that there will be a decline in the rate of […]
China and the US under diplomatic tensions
US relations with Beijing are deteriorating and have not been “restored” under President Joe Biden in the way many previously expected, said Max Baucus, a former US ambassador to China. Baucus said that Biden’s policies on China are “as strong as Trump’s.” The former ambassador said the risk of a military showdown between the United […]
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 […]
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 […]
US GDP Announcement, What to Expect.
This Thursday the Office of Economic Analysis, belonging to the United States Department of Commerce, will publish the preliminary GDP for the first trimester. The indicator that reflects the state of the economy will have its second preliminary publication at 9:30 am GMT-3. The Gross Domestic Product, which has three measurements, for the first quarter, […]
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 […]
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, […]
BTC accumulates 30% losses in the last month
. The volatility of the crypto market is reflected again in today’s session when the two main cryptocurrencies in the market, BTC and ETH, after opening higher, they collapsed again. The lack of institutional support and the base in the offer – demand of the same, translates that before declarations of institutions or influential personalities […]
The recovery of employment, inflation and consumption: challenges of the second quarter in the economies
The market week that passed was defined by the increase in inflation in the United States of 0.8% and the fall in retail sales of 0.5% projected to a result of -0.8%. These data left the dollar at its lowest levels of its main crosses. The impact on inflation and the lack of incentive of […]