Gold returns to the ring in the international market
The metal commodities market returns to the ring in the international market after new waves of infections caused by the Delta variation of covid-19. Gold remains close to 1800.0 dollars an ounce and 1820.0 and 1830.0 are estimated again (prices reached at the beginning of the pandemic). The new waves of contagion hit European and […]
PMI and American Employment High Impact Of The Week
High impact week from Thursday. US Production Data Stable manufacturing activity data is expected within the month of June. The dollar closed sell on the day of Friday, June 25. We expect stable US production data this week. On Friday we expect a correction in the dollar (rise) thanks to a possible rise in job […]
HIGH IMPACT: PMI for Germany and the US
This Wednesday the PMI data for countries such as Germany and the United States will be released. Both economies will receive preliminary data for the indicator in manufacturing and services. Higher than projected results are always positive for the currency. For the current projection, positive and elevated results are expected to remain, however, with a […]
US Employment Update: NFP and Unemployment Rate
This Friday as every month, the non-farm payrolls and the unemployment rate corresponding to the month of May in the United States will be known. The context of the data is marked by the results of both the manufacturing PMI and the services PMI of that country. The data that will be published 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 […]
Employment in the US, NFP data.
On Friday, the US Bureau of Employment Statistics will release the unemployment rate and nonfarm payrolls. In recent weeks, the levels of these months have evolved positively, generating more optimism in the markets. The NFP for February and March showed a positive variation in the number of non-farm employees. The relevance of the data is […]