
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
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Ichimoku Kinko Hyo
GBP/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.
Fibonacci Levels
XAU/USD: Gold is trading slightly lower from the key retracement area of 23.6%. It seems that expectations for higher inflation have motivate buyers.
US Market View
The number of people making initial claims for jobless benefits dropped last week to its lowest level since the pandemic erupted a year ago, signaling that the reopening of the U.S. economy is picking up speed. The European Union's drugs regulator on Thursday recommended conditionally approving Johnson & Johnson single dose COVID-19 vaccine, as the bloc seeks to speed up a stuttering inoculation campaign and boost its supplies of vaccines.
U.S. stock markets are set to open higher later, supported by the final passage of the $1.9 trillion stimulus through the House of Representatives on Wednesday, and the prospect of more stimulus.
The European Central Bank holds its regular policy meeting. Lagarde said risks have become more balanced/ Adds that downside risks are higher in near-term. ECB sees 2021 GDP growth at 4.0% vs 3.9% seen in December.
Crude oil prices were up in line with other risk assets, pulled higher by the renewed optimism in the U.S. OPEC is due to publish its monthly report on the global oil market later, which will add more context to the swings in U.S. inventories recorded over the last two weeks.
USA Key Point
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
PepsiCo will publish its financial results for the first quarter of this year on April 15 at 13:00 MT. Be prepared!
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
Coca-Cola reports its quarterly earnings for the first quarter of 2021 on April 19, 12:30 MT time. What will be the possible impact on the stock price?
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