Additionally, fears of global recession and the traditional safe-haven status also underpin the US Dollar’s run-up of late. Our news and analysis section is updated daily with articles on the forex, share, treasury, commodity and index markets, written by our market analysts. Asian stocks declined on Monday as data on U.S. producer prices sent mixed signals on inflation and China faced a surge in https://www.cmcmarkets.com/en/learn-forex/what-is-forex virus 19 cases after partially easing aspects of its so-called zero-COVID policy. WARSAW – Poland’s Monetary Policy Council should start discussing rate hikes again, central banker Ludwik Kotecki said on Friday, adding that talk of when borrowing costs could fall was premature. Litecoin accumulation by large wallet investors has picked up pace prior to central bank decisions on interest rates.
- Manufacturing output arrived at 0.7% MoM in October versus -0.1% expectations and 0% registered in September while total industrial output came in at 0% vs. -0.3% expected and 0.2% last.
- The risk of a decline in inflation has been triggered after a contraction in Japan’s Gross Domestic Product numbers.
- Mixed views on the Federal Reserve policy outlook have escalated anxiety among the market participants.
- Meanwhile, Bank of Japan board member Hajime Takata said in an interview with the Nikkei newspaper published on Saturday that Japan’s economy is not yet in a phase where the central bank can end yield curve control.
- Gold price advanced beyond $1,800 late Friday but started the new week under modest bearish pressure.
This feature can be found on our Next Generation platform and highlights events such as unemployment reports, GDP, CPI and PPI figures, as well as trade reports and sentiment surveys. These events can all have an effect on market sentiment and cause major price swings within the financial markets. When trading on news releases, it is important that you are aware of how financial markets work. This happens because traders attempt to predict the results of future news announcements and so, in turn, the market responds by changing the price of an asset.
Egypt’s pound keeps falling on black market ahead of IMF meeting
Our goal is to provide traders with all the information and tools they need to trade successfully. Our team of professional traders has been testing Forex brokers for over 12 years and has helped millions of traders find the right broker. OSLO – The Forex news Norwegian government on Friday rejected a proposal by the country’s bank regulator to tighten mortgage lending, keeping key provisions of the current system in place. By Jamie McGeever – A look at the day ahead in Asian markets from Jamie McGeever.
News-based trading is especially useful for volatile markets, for example oil trading. European stocks are likely to open on a cautious https://scopenew.com/dotbig-ltd-review-advantages-vs-disadvantages/ note Monday as investors await a slew of central bank meetings this week for additional cues on the pace of rate rises.
European Shares Retreat On China Concerns
The precious metal is aiming to extend its recovery above the round-level resistance of $1,800.00 as the risk-appetite theme has regained strength. On a broader note, the risk profile could display some volatile moves as investors DotBig broker have shifted their focus toward the release of the US Consumer Price Index , which is scheduled for Tuesday. The central bank’s signals for future moves will be crucial for EUR/USD traders, monthly PMIs, US inflation eyed too.
Choose from standard, commissions, or DMA to get the right pricing model to fit your trading style and strategy. The US dollar has found DotBig broker some stability following hawkish comments from Fed members, which has seen a double top pattern form on EUR/USD’s daily chart.