The US dollar is edging higher, driven by the better-than-expected Manufacturing PMI.
Economy
Information is not investment advice
BOE Governor Bailey speaks on Thursday at 17:00 MT time.
RBA Rate Statement is on Tuesday at 07:30 MT time.
The USD dipped down after the dovish Fed statement, while riskier currencies surged. Let's have a closer look.
Follow the Australian private capital expenditure report on August 27 at 4:30 MT time!
US unemployment claims and GDP will be released on August 27 at 15:30 MT time!
The stocks rally takes a pause amid the deteriorated sentiment. Let’s discuss what drives the market today.
The overall sentiment remains upbeat amid vaccine hopes and improved US-China relationships. Let's have a closer look.
The market sentiment has switched to risk-on today as US-China relationships are getting better. The US dollar is dipping down, while riskier assets are rising.
The sentiment is indeed risk-on today! S&P 500 surged to the all-time high, and EUR/USD jumped to levels unseen since May of 2018. Let’s have a closer look.
Risk-on is back on the market. The US dollar is dipping down, while riskier currencies and stocks are rising.
The overall market sentiment is mixed as new virus cases continue rising throughout the world, but most economic indicators came out better than analysts expected. Let’s look at the main market movements.