American & Canadian Employment. Australian & UK Interest Rate This Week
President Joe Biden’s top medical adviser, Dr. Anthony Fauci, said Sunday that he does not expect the United States to return to lockdowns. Despite the increasing risks of COVID-19 infections posed by the Delta variant. “I think we have a sufficient percentage of vaccinated people in the country, not enough to crush the outbreak, but […]
Canada GDP: Impact on USDCAD
July ends with data on Canadian economic activity. The Statistics Office of Canada will report the GDP data this Friday at 9:30 p.m. Argentina time (GMT-3). Stability is projected for the inflation-adjusted Gross Domestic Product for May, which will be reported in the coming hours. The indicator in April maintained a steep fall from 1.1% […]
The dollar prepares for the FED announcement.
Tomorrow the policy meeting of the Federal Reserve of the United States will end. Markets brace for the impact of the ads. The question is – and continues to be – when and how they will begin to reduce the stimuli implemented to mitigate the effects of the crisis. A sharp and anticipated reduction […]
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 […]
US GDP, FOMC and consumer confidence
Powell argues that the US recovery continues to go on despite the Delta variant. He will probably acknowledge this Wednesday that the Committee would begin discussions on plans to gradually reduce stimuli. It will also signal that it will reach the standard of »further substantial progress« is still »far away«. “Real GDP in the United […]
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 […]