The British monthly GDP is announced on Friday at 09:00 MT time.
Economy
Information is not investment advice
The main market tendency today is that the US dollar is rising against its major peers and riskier assets such as stocks and oil are plummeting.
The American CPI is announced on Wednesday at 15:30 MT time.
The US NFP report will come out on January 8 at 15:30 MT time.
FOMC Meeting Minutes will be released on January 6 at 21:00 MT time.
USD: all attention to Manufacturing PMI Instruments to trade: EUR/USD, USD/JPY, USD/CHF US ISM Manufacturing PMI will be out on January 4 at 17:00 MT time…
The USD continues dipping, while the GBP is rising on hopes for the Brexit deal done today.
US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law. The market sentiment had been already fragile, and Trump’s comments worsened it even more.
The market sentiment deteriorated as the new Covid-19 variant engulfed the UK. As a result, riskier assets such as S&P 500, oil, the AUD, the NZD dropped.
The final American quarterly GDP is announced on Tuesday at 15:30 MT time.
Today the US dollar regains yesterday’s losses. Jump in to get the fresh analysis of EUR/USD, GBP/USD, and gold!
The US dollar keeps dipping further, while riskier assets are rising as investors await the FOMC meeting at 21:00 MT time.