Oil prepares for major annual correction
In the last hours, oil suffered very strong falls in its price after reaching all-time highs. After the crisis of the year 2020 on consumption and the serious losses generated in this commodity, prices managed to reposition themselves to even levels prior to the pandemic. Consumption has recovered steadily and continuously after vaccination campaigns and […]
NFP: what to watch out for this Friday.
On Friday, the US Bureau of Employment Statistics will release the unemployment rate and nonfarm payrolls. The data that will be available from this Friday will have an impact on the markets. The relevance of the data derived from the importance of the recovery of employment in the United States for the definition of changes […]
The BoE announces its monetary policy: projections
This Thursday the Bank of England will announce the decision on the monetary policy that they will implement. The questions remain in themselves will continue with similar steps to the FED and what forecast they have for the changes. In previous announcements, the Bank of England (BoE) had announced that changes in monetary policy would […]
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 […]
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 […]
European PMI, project growth
The week with the evolution of the production of the last month in the two main economies of the European Union. The PMI for France and Germany will be published tomorrow, the data will be available from 03:30 am Argentina time, in European time, it will be between 08 and 09 GMT + 2. The […]
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 […]
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 […]
What’s behind new highs in ETH
The week begins with new all-time highs for the Ethereum price. The second cryptocurrency with the highest market capitalization, it has continuously exceeded its price in the last hours. The cryptocurrency broke the psychological barrier of $ 4000 dollars, holding fifteen days of maximum prices. The historical value reached on this day is $ […]